State Street Target Retirement 2050 Fund Class K (SSDLX)
| Fund Assets | 2.62B |
| Expense Ratio | 0.09% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.04 |
| Dividend Yield | 5.84% |
| Dividend Growth | 46.36% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 17.78 |
| YTD Return | 3.91% |
| 1-Year Return | 21.37% |
| 5-Year Return | 47.91% |
| 52-Week Low | 12.74 |
| 52-Week High | 17.94 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 30, 2014 |
About SSDLX
The State Street Target Retirement 2050 Fund Class K is a target-date mutual fund tailored for individuals planning to retire around the year 2050. Its primary objective is to achieve long-term capital growth and income by employing a diversified investment approach through a fund-of-funds structure. The fund allocates assets across underlying mutual funds and ETFs managed by State Street Global Advisors, providing broad exposure to domestic and international equities, as well as fixed income and cash equivalents. One of the fund's defining features is its glide path, which maintains a high allocation to equities in the early years to target higher growth, then gradually shifts toward more conservative investments as the target retirement year approaches, aiming to reduce risk for investors nearing retirement. As of recent data, the fund's holdings are concentrated in large-cap U.S. equities, global stocks, and government bonds. The Class K share class is designed to be a cost-effective option, featuring a notably low expense ratio, making it suitable for long-term retirement planning within employer-sponsored retirement plans or as an individual retirement account holding.
Performance
SSDLX had a total return of 21.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.39%.
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 |
|---|---|---|
| SSDJX | Class I | 0.29% |
| SSAUX | Class R3 | 0.59% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| State Street Equity 500 Index II Portfolio | SSEYX | 38.72% |
| State Street Global All Cap Equity ex-U.S.Index Portfolio | SSGVX | 36.98% |
| State Street Small/Mid Cap Equity Index Portfolio | SSMHX | 11.52% |
| State Street SPDR Portfolio Long Term Treasury ETF | SPTL | 9.77% |
| State Street Aggregate Bond Index Portfolio | SSAFX | 2.72% |
| Ssi Us Gov Money Market Class State Street Inst Us Gov | n/a | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.0399 | Dec 29, 2025 |
| Dec 27, 2024 | $0.7105 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4499 | Dec 27, 2023 |
| Dec 28, 2022 | $0.6706 | Dec 28, 2022 |
| Dec 29, 2021 | $0.8023 | Dec 29, 2021 |
| Dec 30, 2020 | $0.6002 | Dec 30, 2020 |