State Street Target Retirement 2050 I (SSDJX)
| Fund Assets | 2.48B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 4.05% |
| Dividend Growth | 58.94% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 16.72 |
| YTD Return | 14.34% |
| 1-Year Return | 14.87% |
| 5-Year Return | 59.53% |
| 52-Week Low | 13.35 |
| 52-Week High | 16.98 |
| Beta (5Y) | 0.88 |
| Holdings | 6 |
| Inception Date | Sep 30, 2014 |
About SSDJX
The State Street Target Retirement 2050 Fund Class I is a target-date mutual fund designed for investors planning to retire around the year 2050. Its primary purpose is to seek long-term capital growth and income by dynamically adjusting its asset allocation over time, becoming more conservative as the target retirement date approaches. The fund follows a "fund-of-funds" structure, investing in a mix of State Street-sponsored mutual funds and ETFs to provide diversified exposure across U.S. and international equities, as well as fixed income securities. A significant portion of the portfolio is allocated to large-cap equities, small/mid-cap equities, and global ex-U.S. stocks, with a smaller allocation to U.S. Treasury and aggregate bond funds. Managed by SSGA Funds Management, Inc., the fund leverages a disciplined glide path strategy to balance growth potential with risk mitigation over the decades leading up to 2050. The fund is notable for its low expense ratio and broad sector diversification, making it a foundational component for retirement-focused portfolios seeking automatic rebalancing and broad market participation.
Performance
SSDJX had a total return of 14.87% 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 |
|---|---|---|---|
| VFIFX | Vanguard | Vanguard Target Retirement 2050 Fund | 0.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SSDLX | Class K | 0.09% |
| SSAUX | Class R3 | 0.59% |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II | SSEYX | 38.61% |
| State Street Glb All Cap Eq ex-US Idx | SSGVX | 37.11% |
| State Street Small/Mid Cap Equity Index | SSMHX | 11.75% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 9.80% |
| State Street Aggregate Bond Idx | SSAFX | 2.48% |
| Ssi Us Gov Money Market Class State Street Inst Us Gov | n/a | 0.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.6874 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4325 | Dec 27, 2023 |
| Dec 28, 2022 | $0.6546 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2799 | Dec 29, 2021 |
| Dec 30, 2020 | $0.5978 | Dec 30, 2020 |
| Dec 30, 2019 | $0.8558 | Dec 30, 2019 |