# State Street Target Retirement 2030 Fund (SSBYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssbyx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: State Street / SPDR · Asset class: Equity - Strategy: Thematic · Inception: 2014-10-01 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... ## Key Facts | Metric | Value | |---|---| | Price | $15.00 | | Expense Ratio | 0.09% | | Assets Under Management | $3.34B | | NAV | $15.00 | | Holdings Count | — | | Distribution Yield (TTM) | 6.51% | | Annual Distribution (TTM) | $0.98 /share | | Distribution Frequency | Annual | | 52-Week Range | $13.74 – $15.39 | | Beta | 0.99 | ## Latest Distribution - Amount: $0.9762 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### 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 $3.34B 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. ### Does SSBYX pay a dividend? State Street Target Retirement 2030 Fund (SSBYX) currently distributes little or no income. Trailing-twelve-month yield is 6.51%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SSBYX pay dividends? State Street Target Retirement 2030 Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SSBYX's dividend yield? SSBYX's trailing-twelve-month yield is 6.51%, calculated from the sum of dividends over the past year divided by the current price. ### When is SSBYX's next ex-dividend date? The most recently announced ex-dividend date for SSBYX was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SSBYX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SSBYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSBYX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SSBYX cost more than a fund like VOO? SSBYX's strategy (current expense ratio 0.09%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where SSBYX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SSBYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSBYX (0.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ssbyx - Distribution history: https://www.dividenddata.com/funds/ssbyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssbyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssbyx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssbyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.