State Street Target Retirement 2030 Fund

Frequently Asked Questions About SSBYX

What does SSBYX invest in?

The State Street Target Retirement 2030 Fund is overseen by SSGA Funds Management, Inc. (referred to as the "Adviser" or "SSGA FM"), which employs its exclusive asset allocation strategy for management. This portfolio operates as a "fund of funds," meaning it channels capital into a diversified collection of mutual funds and exchange-traded funds (ETFs). All of these underlying investments are sponsored either by the Adviser itself or its associated entities. It is specifically tailored for individuals aiming for retirement approximately in the year 2030, with the expectation that they will likely cease making new contributions to the fund around that time.

What is the expense ratio of SSBYX?

State Street Target Retirement 2030 Fund (SSBYX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SSBYX?

State Street Target Retirement 2030 Fund (SSBYX) manages $3.54B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SSBYX actively managed or an index fund?

SSBYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SSBYX launched?

State Street Target Retirement 2030 Fund (SSBYX) launched in October 2014 and is managed by State Street / SPDR.

How has SSBYX performed?

SSBYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.