SSCNX Performance — State Street Target Retirement 2040 Fund, Class I
Data updated: 2026-08-28
SSCNX returned +9.38% year to date and +19.27% over one year to Jun 2026. Annualised returns are +15.39% over 3 years and +7.27% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $154, against $150 for the category, and to $119 over one year, against $118. Volatility over the past three years was 11.18% a year. In the 12 months to Jun 2026 the fund took in a net $170.4M, and assets reached $3.66B.
SSCNX Growth of $100
What $100 invested in State Street Target Retirement 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | SSCNX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $119 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $154 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $142 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $199 | $187 |
SSCNX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.38% |
| 1 year | +19.27% |
| 3 years (annualised) | +15.39% |
| 5 years (annualised) | +7.27% |
SSCNX Annual Returns
Calendar-year total returns of State Street Target Retirement 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.38% |
| 2025 | +19.02% |
| 2024 | +11.24% |
| 2023 | +17.66% |
| 2022 | −18.52% |
| 2021 | +11.75% |
| 2020 | +18.71% |
| 2019 (Jul–Dec) | +7.85% |
SSCNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.7% | +2.1% | −5.8% | +7.1% | +3.7% | −0.2% | — | — | — | — | — | — |
| 2025 | +2.8% | +0.3% | −2.8% | +0.7% | +4.1% | +3.9% | +0.6% | +2.6% | +3.0% | +1.7% | +0.2% | +0.6% |
| 2024 | −0.4% | +3.0% | +2.7% | −3.7% | +3.9% | +1.2% | +2.5% | +2.1% | +2.1% | −2.8% | +3.5% | −3.1% |
| 2023 | +7.2% | −3.0% | +2.5% | +1.0% | −1.4% | +4.7% | +2.9% | −2.8% | −4.2% | −3.5% | +8.6% | +5.6% |
| 2022 | −4.5% | −2.2% | +0.6% | −7.6% | +0.3% | −7.2% | +6.2% | −3.6% | −8.9% | +4.5% | +7.4% | −3.6% |
| 2021 | −0.5% | +1.7% | +1.5% | +3.6% | +1.2% | +1.4% | +0.6% | +1.0% | −3.7% | +4.1% | −2.3% | +2.9% |
| 2020 | −0.3% | −5.5% | −11.3% | +9.7% | +4.2% | +3.0% | +4.7% | +4.5% | −2.4% | −2.1% | +10.9% | +4.2% |
| 2019 | — | — | — | — | — | — | +0.2% | −0.8% | +1.3% | +2.1% | +2.3% | +2.5% |
SSCNX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.18%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +8.64% (Nov 2023)
- Worst month: −5.79% (Mar 2026)
SSCNX Fund Flows
Monthly money in and out of State Street Target Retirement 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: $170.4M
- 12-month gross sales (incl. reinvestments): $886.6M
- Sales ÷ redemptions: 1.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $72.4M | $54.4M | $18.0M |
| May 2026 | $47.4M | $42.6M | $4.8M |
| Apr 2026 | $56.2M | $133.4M | −$77.2M |
| Mar 2026 | $113.5M | $46.6M | $66.9M |
| Feb 2026 | $49.4M | $36.6M | $12.8M |
| Jan 2026 | $63.1M | $54.2M | $8.9M |
| Dec 2025 | $267.2M | $45.6M | $221.6M |
| Nov 2025 | $45.5M | $71.9M | −$26.4M |
| Oct 2025 | $43.0M | $54.0M | −$11.0M |
| Sep 2025 | $42.9M | $33.4M | $9.5M |
| Aug 2025 | $42.8M | $96.7M | −$53.8M |
| Jul 2025 | $43.1M | $47.0M | −$3.8M |
SSCNX Assets Under Management
Net assets of State Street Target Retirement 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.66B |
| 2026-03-31 | $3.36B |
| 2025-12-31 | $3.31B |
| 2025-09-30 | $3.26B |
| 2025-06-30 | $3.12B |
| 2025-03-31 | $2.82B |
| 2024-12-31 | $2.81B |
| 2024-09-30 | $2.89B |
| 2024-06-30 | $2.64B |
| 2024-03-31 | $2.56B |
| 2023-12-31 | $2.38B |
| 2023-09-30 | $2.06B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.