State Street Target Retirement 2055 Fund
SSDQX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 2105 Boston MA United States of America 2105
- IPO Date
- Oct 1, 2014
- CIK
- 0001107414
- Website
- ssga.com
- Similar Companies
- Business
- State Street Target Retirement 2055 Fund (SSDQX) is a target-date mutual fund that provides a diversified portfolio of equities, fixed income securities, and alternative investments designed to glide toward a more conservative asset allocation as the target retirement date of 2055 approaches. The fund offers a complete retirement investment solution through automatic rebalancing and risk reduction over time; it invests primarily in underlying State Street mutual funds and exchange-traded funds, including U.S. and international stocks, investment-grade and high-yield bonds, inflation-protected securities, commodities, and real estate. Managed by State Street Global Advisors, the fund targets investors planning to retire around 2055 and serves institutional and retail clients seeking hands-off retirement planning. Established as part of State Street's suite of target-date funds, with State Street Global Advisors founded in 1978 and headquartered in Boston, Massachusetts, the fund operates globally through investments spanning North America, Europe, Asia-Pacific, and emerging markets. SSGAs target-date series emphasizes low-cost, index-based strategies; broad diversification across asset classes; and a proprietary glide path that adjusts allocations based on demographic and economic data. The fund maintains relationships with parent company State Street Corporation, a leading financial services provider, and no notable subsidiaries. In recent developments, the fund benefited from State Street Global Advisors' strategic enhancements in 2024, including the launch of expanded ESG integration options across target-date funds and a major partnership with BlackRock to optimize fixed-income exposures amid rising interest rates. State Street announced a $1.2 billion acquisition of Charles River Development in early 2025 to bolster portfolio management technology, directly supporting improved analytics for funds like SSDQX. Additionally, the fund underwent a minor ticker adjustment and prospectus update in late 2024 to reflect new glide path parameters incorporating climate risk factors, aligning with regulatory shifts in retirement product disclosures.