State Street Target Retirement 2060 I (SSDWX)
| Fund Assets | 1.37B |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 3.57% |
| Dividend Growth | 62.79% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 17.89 |
| YTD Return | 14.91% |
| 1-Year Return | 16.82% |
| 5-Year Return | 61.37% |
| 52-Week Low | 14.00 |
| 52-Week High | 17.96 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 30, 2014 |
About SSDWX
State Street Target Retirement 2060 Fund Class I is a target-date mutual fund designed to provide capital growth and income over the long term, with its asset allocation tailored for investors expecting to retire around the year 2060. Managed by SSGA Funds Management, Inc., the fund adopts a diversified portfolio comprising primarily of equities in its early years, gradually shifting toward more fixed income and defensive assets as the target retirement date approaches. Its largest holdings include broad-based index funds that cover U.S. large-cap stocks, global equities excluding the U.S., and small/mid-cap equities, along with exposure to long-term U.S. Treasury securities and cash equivalents. This fund utilizes a glide path that initially favors a high equity allocation to maximize growth potential, adjusting over time to prioritize capital preservation and income as retirement nears. With a below-average expense ratio and relatively low portfolio turnover, it aims to offer cost efficiency and broad market exposure, making it a core option for retirement-focused investors seeking an all-in-one solution that automatically rebalances based on investment horizon and risk tolerance.
Performance
SSDWX had a total return of 16.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.20%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTTSX | Vanguard | Vanguard Target Retirement 2060 Fund | 0.08% |
Top 10 Holdings
101.10% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Glb All Cap Eq ex-US Idx | SSGVX | 38.98% |
| State Street Equity 500 Index II | SSEYX | 38.90% |
| State Street Small/Mid Cap Equity Index | SSMHX | 13.14% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 9.83% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.22% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.6417 | Dec 27, 2024 |
| Dec 27, 2023 | $0.3942 | Dec 27, 2023 |
| Dec 28, 2022 | $0.5267 | Dec 28, 2022 |
| Dec 29, 2021 | $0.2899 | Dec 29, 2021 |
| Dec 30, 2020 | $0.2973 | Dec 30, 2020 |
| Dec 30, 2019 | $0.4087 | Dec 30, 2019 |