# State Street Target Retirement 2065 Fund (SSFKX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssfkx 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: 2020-03-30 SSGA FM manages the Target Retirement 2065 Fund using a proprietary asset allocation strategy. The fund is a "fund of funds" that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates ("underlying funds"). It is intended for investors expecting to retire around the year 2065 and who are likely to stop making new investments in the fund at that time. Rewritten Description: Managed by SSGA FM, the Target Retirement 2065 Fund employs an exclusive, in-house asset allocation strategy. This investment operates as a "fund of funds," channeling its capital int... ## Key Facts | Metric | Value | |---|---| | Price | $19.46 | | Expense Ratio | 0.09% | | Assets Under Management | $681.6M | | NAV | $19.46 | | Holdings Count | — | | Distribution Yield (TTM) | 4.46% | | Annual Distribution (TTM) | $0.87 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.05 – $20.25 | | Beta | 1.31 | ## Latest Distribution - Amount: $0.8685 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does SSFKX invest in? SSGA FM manages the Target Retirement 2065 Fund using a proprietary asset allocation strategy. The fund is a "fund of funds" that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates ("underlying funds"). It is intended for investors expecting to retire around the year 2065 and who are likely to stop making new investments in the fund at that time. Rewritten Description: Managed by SSGA FM, the Target Retirement 2065 Fund employs an exclusive, in-house asset allocation strategy. This investment operates as a "fund of funds," channeling its capital into a mix of underlying mutual funds and exchange-traded funds (ETFs) sponsored by the Adviser or its associated companies. It caters to investors who foresee their retirement occurring around 2065 and are likely to halt additional investments into the fund at that juncture. ### What is the expense ratio of SSFKX? State Street Target Retirement 2065 Fund (SSFKX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SSFKX? State Street Target Retirement 2065 Fund (SSFKX) manages $681.6M 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 SSFKX actively managed or an index fund? SSFKX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was SSFKX launched? State Street Target Retirement 2065 Fund (SSFKX) launched in March 2020 and is managed by State Street / SPDR. ### How has SSFKX performed? SSFKX'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 SSFKX pay a dividend? State Street Target Retirement 2065 Fund (SSFKX) currently distributes little or no income. Trailing-twelve-month yield is 4.46%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SSFKX pay dividends? State Street Target Retirement 2065 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 SSFKX's dividend yield? SSFKX's trailing-twelve-month yield is 4.46%, calculated from the sum of dividends over the past year divided by the current price. ### When is SSFKX's next ex-dividend date? The most recently announced ex-dividend date for SSFKX 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 SSFKX'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 SSFKX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSFKX'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 SSFKX cost more than a fund like VOO? SSFKX'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 SSFKX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SSFKX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSFKX (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/ssfkx - Distribution history: https://www.dividenddata.com/funds/ssfkx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssfkx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssfkx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssfkx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.