About SSBWX
State Street Target Retirement 2030 Fund Class I is a target-date mutual fund designed to help investors save for retirement with a projected retirement year around 2030. The fund employs a diversified, multi-asset strategy, allocating assets among U.S. equities, global equities, fixed income, inflation-protected securities, and real estate investments. Its asset allocation dynamically shifts along a predetermined model, reducing equity exposure as the target date approaches and gradually increasing its defensive allocation in fixed income and cash equivalents, aligning with investors’ decreasing risk tolerance over time. The fund is managed by State Street Global Advisors, a recognized leader in index-based and asset allocation strategies. State Street Target Retirement 2030 Fund Class I is notable for its institutional share class structure, low expense ratio, and disciplined turnover, appealing to retirement plan sponsors and long-term individual investors seeking an efficient all-in-one investment solution. It plays a significant role in the market by offering automatic rebalancing, broad diversification, and a glide path that helps manage risk as participants near their retirement goals within the 2030 time frame.
Fund Family State Street Investment Management
Category Target-Date 2030
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol SSBWX
Share Class Class I
Index Index is not available on Lipper Database
SSBWX had a total return of 16.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.39%.
