State Street Target Retirement 2045 I (SSDDX)
| Fund Assets | 2.91B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.72 |
| Dividend Yield | 4.23% |
| Dividend Growth | 46.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 17.09 |
| YTD Return | 15.86% |
| 1-Year Return | 17.21% |
| 5-Year Return | 61.11% |
| 52-Week Low | 13.37 |
| 52-Week High | 17.09 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Sep 30, 2014 |
About SSDDX
State Street Target Retirement 2045 Fund Class I is a target-date mutual fund designed to support investors planning to retire around the year 2045. Its primary purpose is to provide long-term capital growth and income by allocating assets across a diversified portfolio of underlying mutual funds and ETFs, most of which are managed by State Street or its affiliates. The fund employs a "fund of funds" structure, combining exposure to domestic and international equities, U.S. small and mid-cap stocks, long-term U.S. Treasury securities, and investment-grade bonds. Its largest holdings include broad-market equity indexes and government bond ETFs, reflecting a large blend investment style with moderate interest rate sensitivity. Over time, the fund gradually adjusts its allocation to become more conservative as the target retirement date approaches, aiming to balance growth and risk. With a relatively low expense ratio and institutional share class structure, this fund caters to investors seeking a professionally managed, all-in-one retirement solution that evolves with their investment horizon.
Performance
SSDDX had a total return of 17.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTIVX | Vanguard | Vanguard Target Retirement 2045 Fund | 0.08% |
Top 10 Holdings
101.03% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II | SSEYX | 38.15% |
| State Street Glb All Cap Eq ex-US Idx | SSGVX | 36.10% |
| State Street Small/Mid Cap Equity Index | SSMHX | 10.02% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 9.82% |
| State Street Aggregate Bond Idx | SSAFX | 6.69% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.18% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.7228 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4926 | Dec 27, 2023 |
| Dec 28, 2022 | $0.6484 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2756 | Dec 29, 2021 |
| Dec 30, 2020 | $0.5893 | Dec 30, 2020 |
| Dec 30, 2019 | $0.790 | Dec 30, 2019 |