State Street Target Retirement 2060 R3 (SSAYX)
| Fund Assets | 1.44B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 3.87% |
| Dividend Growth | 26.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 18.91 |
| YTD Return | 4.01% |
| 1-Year Return | 21.21% |
| 5-Year Return | n/a |
| 52-Week Low | 13.51 |
| 52-Week High | 19.09 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Feb 11, 2022 |
About SSAYX
The State Street Target Retirement 2060 Fund Class R3 is a mutual fund designed primarily for individuals planning to retire around the year 2060. As a target-date fund, its primary function is to provide long-term capital growth and income by dynamically adjusting its asset allocation over time to match the changing risk profiles typical of investors approaching retirement. The fund is structured as a "fund of funds," meaning it invests in a variety of underlying mutual funds and exchange-traded funds managed by State Street Global Advisors or its affiliates. These investments span major asset classes, with a focus on global equities and fixed income, ensuring broad market exposure and diversification. Notable underlying holdings have included U.S. large-cap equities, small/mid-cap equities, international equities, and long-term U.S. Treasury securities. The fund is actively managed, allowing for adjustments to its asset mix in response to market conditions and the passage of time. Its role in the financial market is to offer a diversified, professionally managed investment solution that automatically transitions to a more conservative portfolio as the target retirement date approaches, supporting investors’ long-term retirement planning needs.
Performance
SSAYX had a total return of 21.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.36%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDKTX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class M | 1.26% |
| FNGLX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class K6 | 0.46% |
| FDKQX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class I | 0.76% |
| FDKSX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class C | 1.76% |
| FWLSX | Fidelity | Fidelity Flex Freedom Blend 2060 Fund | 0.01% |
Top Holdings
100.41% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II Portfolio | SSEYX | 39.14% |
| State Street Global All Cap Equity ex-U.S.Index Portfolio | SSGVX | 38.16% |
| State Street Small/Mid Cap Equity Index Portfolio | SSMHX | 13.15% |
| State Street SPDR Portfolio Long Term Treasury ETF | SPTL | 9.78% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.7326 | Dec 29, 2025 |
| Dec 27, 2024 | $0.5805 | Dec 27, 2024 |
| Dec 27, 2023 | $0.3365 | Dec 27, 2023 |