State Street Target Retirement 2030 Fund (SSBYX)
State Street Target Retirement 2030 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $15.12, up 0.33% on the session, giving a market capitalisation of $3.49B. Its beta of 0.99 implies it has historically moved less than the broad market.
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.
State Street Target Retirement 2030 Fund is most often compared with the following Financial Services names: