State Street Target Retirement 2035 Fund Class I (SSCJX)
| Fund Assets | 3.30B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 4.95% |
| Dividend Growth | 41.68% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 14.97 |
| YTD Return | 8.69% |
| 1-Year Return | 10.38% |
| 5-Year Return | 46.07% |
| 52-Week Low | 12.64 |
| 52-Week High | 15.13 |
| Beta (5Y) | 0.77 |
| Holdings | 10 |
| Inception Date | Sep 30, 2014 |
About SSCJX
State Street Target Retirement 2035 Fund Class I is a target-date mutual fund designed for investors planning to retire around the year 2035. The fund’s primary purpose is to provide capital growth and income over the long term by shifting its asset allocation as the designated retirement year approaches. It employs a diversified, research-driven investment strategy, initially emphasizing growth through a higher allocation to equities, then gradually increasing exposure to fixed income and other conservative investments to reduce volatility as retirement nears. The fund holds a concentrated portfolio, with nearly all assets invested in a blend of underlying State Street index funds and exchange-traded funds that track U.S. large-cap equities, international equities, U.S. bonds, and other asset classes such as high-yield and long-term treasuries. This approach is intended to balance risk and return, seeking to optimize retirement outcomes for investors. With a relatively low expense ratio and no minimum investment requirement, the fund is accessible for a broad range of retirement savers and plays a significant role within retirement planning strategies by simplifying portfolio management and automatic rebalancing as investors move toward retirement.
Performance
SSCJX had a total return of 10.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTTHX | Vanguard | Vanguard Target Retirement 2035 Fund | 0.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SSCKX | Class K | 0.09% |
| SSAZX | Class R3 | 0.59% |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II Portfolio | SSEYX | 33.88% |
| State Street Global All Cap Equity ex-U.S.Index Portfolio | SSGVX | 30.41% |
| State Street Aggregate Bond Index Portfolio | SSAFX | 15.13% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 8.78% |
| State Street Small/Mid Cap Equity Index Portfolio | SSMHX | 6.31% |
| SPDR Bloomberg High Yield Bond ETF | JNK | 4.65% |
| SPDR Bloomberg 1-10 Year TIPS ETF | TIPX | 0.48% |
| Ssi Us Gov Money Market Class State Street Inst Us Gov | n/a | 0.24% |
| SPDR Dow Jones Global Real Estate ETF | RWO | 0.12% |
| Usd | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.7451 | Dec 27, 2024 |
| Dec 27, 2023 | $0.5259 | Dec 27, 2023 |
| Dec 28, 2022 | $0.6188 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2636 | Dec 29, 2021 |
| Dec 30, 2020 | $0.643 | Dec 30, 2020 |
| Dec 30, 2019 | $0.8104 | Dec 30, 2019 |