State Street Target Retirement 2045 K (SSDEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.04
+0.01 (0.06%)
Sep 9, 2025, 4:00 PM EDT
0.06%
Fund Assets2.91B
Expense Ratio0.09%
Min. Investment$0.00
Turnover13.00%
Dividend (ttm)0.75
Dividend Yield4.36%
Dividend Growth46.72%
Payout FrequencyAnnual
Ex-Dividend DateDec 27, 2024
Previous Close17.03
YTD Return14.83%
1-Year Return17.07%
5-Year Return61.96%
52-Week Low13.45
52-Week High17.21
Beta (5Y)n/a
Holdings7
Inception DateSep 30, 2014

About SSDEX

State Street Target Retirement 2045 Fund Class K is a target-date mutual fund designed for investors planning to retire around the year 2045. This fund employs a "fund of funds" structure, investing in a diversified mix of underlying State Street mutual funds and ETFs that span U.S. and international equities, as well as fixed income securities. Its asset allocation follows a preset glide path, gradually shifting from a higher concentration in stocks toward more conservative holdings like bonds and cash equivalents as the target retirement date nears. The fund’s primary objective is to achieve long-term capital growth and income by balancing risk and return appropriate for investors decades from retirement. State Street Target Retirement 2045 Fund Class K is actively managed, leveraging proprietary research and asset allocation strategies developed by the adviser, SSGA Funds Management, Inc. The fund maintains a very low expense ratio, positioning it as a cost-effective option in the target-date category, and allots nearly all assets to its top holdings, reflecting a focused and strategic portfolio construction. Its design supports retirement planning by automatically adjusting its risk profile over time, offering a hands-off investment solution for individuals with a horizon targeting mid-2040s retirement.

Fund Family State Street Investment Management
Category Target-Date 2045
Stock Exchange NASDAQ
Ticker Symbol SSDEX
Share Class Class K
Index Index is not available on Lipper Database

Performance

SSDEX had a total return of 17.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.95%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VTIVXVanguardVanguard Target Retirement 2045 Fund0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
SSDDXClass I0.29%
SSAOXClass R30.59%

Top 10 Holdings

101.03% of assets
NameSymbolWeight
State Street Equity 500 Index IISSEYX38.15%
State Street Glb All Cap Eq ex-US IdxSSGVX36.10%
State Street Small/Mid Cap Equity IndexSSMHX10.02%
SPDR Portfolio Long Term Treasury ETFSPTL9.82%
State Street Aggregate Bond IdxSSAFX6.69%
State Street U.S. Government Money Market PortfolioGVMXX0.18%
State Street U.S. Government Money Market PortfolioGVMXX0.06%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$0.7452Dec 27, 2024
Dec 27, 2023$0.5079Dec 27, 2023
Dec 28, 2022$0.6626Dec 28, 2022
Dec 29, 2021$0.8075Dec 29, 2021
Dec 30, 2020$0.5918Dec 30, 2020
Dec 30, 2019$0.7944Dec 30, 2019
Full Dividend History