State Street Target Retirement 2045 Fund
Target-date 2045 fund
As of its 2026 Q2 report, State Street Target Retirement 2045 Fund held 6 positions with $3.50B in net assets. Its ten largest holdings made up 100.8% of the fund. The SSDDX share class costs 0.29% a year. Over the 12 months to May 2026, SSDDX returned 25.9%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
SSEYXState Street Equity 500 Index II Portfolio | 38.49% | $1.35B | 2.0M | $678.69 |
SSGVXState Street Global All Cap Equity ex-U.S. Index Portfolio | 35.19% | $1.23B | 7.4M | $166.98 |
SSMHXState Street Small/Mid Cap Equity Index Portfolio | 9.98% | $349.20M | 892.6K | $391.21 |
State Street SPDR Portfolio Long Term Treasury ETF | 9.60% | $335.63M | 12.8M | $26.23 |
SSAFXState Street Aggregate Bond Index Portfolio | 7.39% | $258.29M | 2.9M | $89.08 |
GVMXXState Street Global Advisors | 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.
All 6 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| 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.
How it has done
SSDDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.29%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 3 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.29% | +25.85% | +65.44% | +48.42% | -10.44% | |
| 0.09% | +26.23% | +66.32% | +50.51% | -10.51% | |
| 0.59% | +25.59% | +63.85% | — | -10.61% |
These classes hold the same portfolio, so the 2.48pp spread over 3 years is the cost difference between them — roughly 0.83pp a year — not a difference in what they own.
Fees & fund details
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
- Expense ratio, by class
- 0.09% – 0.59%· SSDDX 0.29%
- Portfolio turnover
- 18.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
Understand how this fund fits with the rest.
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