# State Street Target Retirement 2060 K (SSDYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssdyx 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 Target Retirement 2060 Fund is managed by SSGA Funds Management, Inc. (SSGA FM), which employs its distinct asset allocation methodology. Structured as a 'fund of funds,' it primarily invests in a diverse portfolio of mutual funds and exchange-traded funds (ETFs). All these underlying investments are sponsored by SSGA FM or its affiliated entities. This offering is specifically tailored for individuals planning their retirement around the year 2060, with the expectation that new contributions to the fund will typically cease at that target date. ## Key Facts | Metric | Value | |---|---| | Price | $20.04 | | Expense Ratio | 0.09% | | Assets Under Management | $1.83B | | NAV | $20.04 | | Holdings Count | — | | Distribution Yield (TTM) | 4.14% | | Annual Distribution (TTM) | $0.83 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.56 – $20.85 | | Beta | 1.31 | ## Latest Distribution - Amount: $0.8290 /share - Ex-date: 2025-12-29 - Pay date: — ## Frequently Asked Questions ### What does SSDYX invest in? The Target Retirement 2060 Fund is managed by SSGA Funds Management, Inc. (SSGA FM), which employs its distinct asset allocation methodology. Structured as a 'fund of funds,' it primarily invests in a diverse portfolio of mutual funds and exchange-traded funds (ETFs). All these underlying investments are sponsored by SSGA FM or its affiliated entities. This offering is specifically tailored for individuals planning their retirement around the year 2060, with the expectation that new contributions to the fund will typically cease at that target date. ### What is the expense ratio of SSDYX? State Street Target Retirement 2060 K (SSDYX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SSDYX? State Street Target Retirement 2060 K (SSDYX) manages $1.83B 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 SSDYX actively managed or an index fund? SSDYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was SSDYX launched? State Street Target Retirement 2060 K (SSDYX) launched in October 2014 and is managed by State Street / SPDR. ### How has SSDYX performed? SSDYX'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 SSDYX pay a dividend? State Street Target Retirement 2060 K (SSDYX) currently distributes little or no income. Trailing-twelve-month yield is 4.14%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SSDYX pay dividends? State Street Target Retirement 2060 K pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SSDYX's dividend yield? SSDYX's trailing-twelve-month yield is 4.14%, calculated from the sum of dividends over the past year divided by the current price. ### When is SSDYX's next ex-dividend date? The most recently announced ex-dividend date for SSDYX 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 SSDYX'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 SSDYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSDYX'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 SSDYX cost more than a fund like VOO? SSDYX'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 SSDYX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SSDYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSDYX (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/ssdyx - Distribution history: https://www.dividenddata.com/funds/ssdyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssdyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssdyx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssdyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.