About SSGUX
State Street Target Retirement 2070 Fund Class R3 is a target-date mutual fund designed to provide a professionally managed, age-appropriate asset mix for investors planning to retire around 2070. It uses a fund‑of‑funds approach, allocating across affiliated mutual funds and ETFs to capture broad exposure to global equities and fixed income, including developed and emerging markets, high yield, real assets, and other diversifiers. The portfolio follows a glide path that starts equity‑heavy to pursue long-term growth and gradually shifts more conservatively as the target date approaches, seeking to balance shortfall, longevity, volatility, and inflation risks over time. Managed by State Street Investment Management, the strategy emphasizes disciplined asset allocation, systematic rebalancing, and extensive diversification as core risk controls. The fund references a composite target-date benchmark reflecting its multi-asset mix, while also providing context against broad U.S. equities through the S&P 500. Introduced at the end of 2024, it extends State Street’s target-date series to later-dated cohorts, offering a turnkey, life‑cycle solution for workplace plans and individual investors seeking a single, evolving portfolio aligned with a distant retirement horizon.
Fund Family State Street Investment Management
Category Target-Date 2065+
Stock Exchange Nasdaq
Ticker Symbol SSGUX
Share Class Class R3
SSGUX had a total return of 14.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 22.18%.
