State Street Target Retirement 2045 Fund
STATE STREET INSTITUTIONAL INVESTMENT TRUST · 3 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
State Street Target Retirement 2045 Fund is a target-date 2045 fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Target year
- 2045
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2026 Q2
The investment objective of the State Street Target Retirement 2045 Fund (the Target Retirement 2045 Fund ? or the Fund) is to seek capital growth and income over the long term.
The fund is a fund of funds that invests in a combination of mutual funds and ETFs sponsored by the adviser, holding equity and fixed-income securities worldwide including emerging markets, real estate, and commodities. As the target retirement date of 2045 approaches, the fund's asset allocation systematically shifts toward greater emphasis on fixed-income investments and away from equities. The fund's actual allocations may differ from its stated targets, and the adviser may change target allocations or deviate from them at its discretion.
| Share class | Gross | Net |
|---|---|---|
| SSDDX | 0.35% | 0.29% |
| SSDEX | 0.15% | 0.09% |
| SSAOX | 0.65% | 0.59% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 18.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 81.39% |
| Bonds | 14.92% |
| Cash & short-term | 3.49% |
| Securitized | 1.85% |
| 2 smaller | 0.03% |
Look-through blends 5 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +26.42% | +56.68% | +44.58% | 11.39% | -10.44% | |
| +26.67% | +57.53% | +46.42% | 11.31% | -10.51% | |
| +26.09% | +55.22% | — | 11.36% | -10.61% |
These classes hold the same portfolio, so the 2.31pp spread over 3 years is the cost difference between them — roughly 0.77pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| SSEYX | State Street Equity 500 Index II PortfolioSSEYX | 38.49% | $678.69 | $1.35B | 2.0M |
| SSGVX | State Street Global All Cap Equity ex-U.S. Index PortfolioSSGVX | 35.19% | $166.98 | $1.23B | 7.4M |
| SSMHX | State Street Small/Mid Cap Equity Index PortfolioSSMHX | 9.98% | $391.21 | $349.20M | 892.6K |
| — | State Street SPDR Portfolio Long Term Treasury ETF | 9.60% | $26.23 | $335.63M | 12.8M |
| SSAFX | State Street Aggregate Bond Index PortfolioSSAFX | 7.39% | $89.08 | $258.29M | 2.9M |
| GVMXX | State Street Global AdvisorsGVMXX | 0.18% | — | $6.32M | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 100.83% of net assets, top 25 100.83%, across 6 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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