SSDJX

About SSDJX

The State Street Target Retirement 2050 Fund Class I is a target-date mutual fund designed for investors planning to retire around the year 2050. Its primary purpose is to seek long-term capital growth and income by dynamically adjusting its asset allocation over time, becoming more conservative as the target retirement date approaches. The fund follows a "fund-of-funds" structure, investing in a mix of State Street-sponsored mutual funds and ETFs to provide diversified exposure across U.S. and international equities, as well as fixed income securities. A significant portion of the portfolio is allocated to large-cap equities, small/mid-cap equities, and global ex-U.S. stocks, with a smaller allocation to U.S. Treasury and aggregate bond funds. Managed by SSGA Funds Management, Inc., the fund leverages a disciplined glide path strategy to balance growth potential with risk mitigation over the decades leading up to 2050. The fund is notable for its low expense ratio and broad sector diversification, making it a foundational component for retirement-focused portfolios seeking automatic rebalancing and broad market participation.