State Street Target Retirement 2055 Fund Class I (SSDOX)
| Fund Assets | 1.88B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 3.99% |
| Dividend Growth | 60.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 17.13 |
| YTD Return | 11.48% |
| 1-Year Return | 15.19% |
| 5-Year Return | 60.39% |
| 52-Week Low | 13.73 |
| 52-Week High | 17.23 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Sep 30, 2014 |
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.
Performance
SSDOX had a total return of 15.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VFFVX | Vanguard | Vanguard Target Retirement 2055 Fund | 0.08% |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Global All Cap Equity ex-U.S.Index Portfolio | SSGVX | 39.21% |
| State Street Equity 500 Index II Portfolio | SSEYX | 38.65% |
| State Street Small/Mid Cap Equity Index Portfolio | SSMHX | 13.00% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 8.85% |
| Ssi Us Gov Money Market Class State Street Inst Us Gov | n/a | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.6822 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4263 | Dec 27, 2023 |
| Dec 28, 2022 | $0.6104 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2835 | Dec 29, 2021 |
| Dec 30, 2020 | $0.4453 | Dec 30, 2020 |
| Dec 30, 2019 | $0.7637 | Dec 30, 2019 |