About SSBSX
State Street Target Retirement 2025 Fund Class K is a target-date mutual fund designed for individuals planning to retire around the year 2025. Its primary function is to seek long-term capital growth and income by dynamically adjusting its asset allocation as the target date approaches. The fund follows a glide path, shifting from a higher equity allocation toward more conservative investments such as bonds and cash equivalents as it nears the expected retirement year, aligning with the decreasing risk tolerance of investors approaching retirement.
Notable features of this fund include broad diversification across global equities, U.S. fixed income, inflation-protected securities, high-yield bonds, short-term treasuries, and real estate investment trusts, typically achieved by investing in other State Street index funds and ETFs. The fund’s top holdings often represent nearly all of its invested assets, emphasizing a disciplined, index-driven strategy. State Street Target Retirement 2025 Fund Class K is often utilized within employer-sponsored retirement plans or by individual investors seeking a hands-off, professionally managed allocation that automatically becomes more conservative with time. As part of the broader family of State Street Target Retirement Funds, it provides an efficient, low-cost option for retirement-focused investors.
Fund Family State Street Investment Management
Category Target-Date 2025
Performance Rating High
Risk Rating Above Average
Ticker Symbol SSBSX
Share Class Class K
Index Index is not available on Lipper Database
SSBSX had a total return of 13.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.62%.
