About SSDOX
State Street Target Retirement 2055 Fund Class I is a target-date mutual fund designed to help investors save for retirement with a projected retirement year around 2055. The fund employs a diversified allocation strategy, adjusting its mix of equities, bonds, and cash equivalents over time to balance risk and growth as the target date approaches. Early in its lifecycle, the fund emphasizes growth through significant exposure to both domestic and international equities, including major holdings in State Street-managed large-cap and global equity index portfolios, as well as a notable allocation to small- and mid-cap stocks. As the fund nears its target retirement date, it gradually shifts toward a more conservative allocation, increasing exposure to fixed income assets such as long-term U.S. Treasury securities and money market instruments. This glide path is intended to reduce volatility and help preserve capital as investors transition from saving to spending in retirement. Managed by State Street Global Advisors, the fund serves individuals seeking a professionally managed, all-in-one investment solution tailored to a specific retirement timeline, and plays a significant role in retirement planning by simplifying portfolio management and rebalancing over decades.
Fund Family State Street Investment Management
Category Target-Date 2055
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SSDOX
Share Class Class I
Index Index is not available on Lipper Database
SSDOX had a total return of 14.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.60%.
