State Street Target Retirement 2025 I (SSBRX)
| Fund Assets | 1.96B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 5.96% |
| Dividend Growth | 47.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 13.27 |
| YTD Return | 12.07% |
| 1-Year Return | 10.73% |
| 5-Year Return | 39.13% |
| 52-Week Low | 11.32 |
| 52-Week High | 13.28 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Sep 30, 2014 |
About SSBRX
State Street Target Retirement 2025 Fund Class I is a target-date mutual fund designed to help investors prepare for retirement occurring around the year 2025. Its primary purpose is to provide a diversified portfolio that gradually shifts from growth-oriented assets to income-generating and defensive holdings as the retirement year approaches. This fund actively manages allocations between equities and fixed income, with recent data indicating a mix of approximately 44% stocks—spanning U.S. and international markets—and 51% bonds, enhanced by real estate and inflation-protected securities for additional balance and inflation hedging. The fund invests through index strategies and ETFs, targeting sectors such as large-cap equities, U.S. Treasuries, global real estate, and commodity-linked assets, aiming for capital growth and current income over the long term. Institutional investors are served by its Class I designation, meaning lower fees and expense ratios, and ongoing portfolio management is handled by State Street Global Advisors. With total assets nearing $1.9 billion and a moderate risk profile, the fund is designed for individuals who intend to begin withdrawing assets for retirement soon after 2025, offering a managed glide path for reduced risk over time and broad exposure to major asset classes relevant for retirement planning.
Performance
SSBRX had a total return of 10.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTTVX | Vanguard | Vanguard Target Retirement 2025 Fund | 0.08% |
Top 10 Holdings
99.89% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II | SSEYX | 20.84% |
| State Street Aggregate Bond Idx | SSAFX | 20.58% |
| SPDR Bloomberg 1-10 Year TIPS ETF | TIPX | 17.92% |
| State Street Glb All Cap Eq ex-US Idx | SSGVX | 14.73% |
| SPDR Bloomberg High Yield Bond ETF | JNK | 6.94% |
| SPDR Portfolio Short Term Treasury ETF | SPTS | 5.99% |
| SPDR Dow Jones Global Real Estate ETF | RWO | 5.06% |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | CERY | 3.53% |
| State Street Small/Mid Cap Equity Index | SSMHX | 2.77% |
| SPDR Portfolio Short Term Corporate Bond ETF | SPSB | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.7904 | Dec 27, 2024 |
| Dec 27, 2023 | $0.5347 | Dec 27, 2023 |
| Dec 28, 2022 | $0.7062 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2921 | Dec 29, 2021 |
| Dec 30, 2020 | $0.6189 | Dec 30, 2020 |
| Dec 30, 2019 | $0.785 | Dec 30, 2019 |