Mutual fund
State Street Target Retirement 2050 Fund
TickerSSDLX
Fund manager
State Street Global Advisors
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
9.75%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
245
holdings flagged
9.75%
of assets flagged
This fund contains
 $126.26 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
74 holdings
0.58% of assets
$7.49 MILLION invested
banks
Banks and lenders
36 holdings
2.08% of assets
$26.97 MILLION invested
consumers
Major consumer brands
154 holdings
7.31% of assets
$94.64 MILLION invested
Commodity producers
Commodity producers
74 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
74 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    0.08%0.08% of portfolio
    $985,975$985,975 invested
    Soy producerPalm oil producer
  • 2. Mitsubishi Corp
    Palm oil producer
    0.06%0.06% of portfolio
    $746,942$746,942 invested
    Palm oil producer
  • 3. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.05%0.05% of portfolio
    $643,809$643,809 invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 4. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    0.04%0.04% of portfolio
    $555,992$555,992 invested
    Soy producerPalm oil producer
  • 5. POSCO Holdings Inc
    Palm oil producer
    0.03%0.03% of portfolio
    $355,965$355,965 invested
    Palm oil producer
View next 5
Banks and lenders
Banks and lenders
36 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
36 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.37%0.37% of portfolio
    $4.84M$4.84M invested
  • 2. Bank of America Corp
    0.2%0.2% of portfolio
    $2.53M$2.53M invested
  • 3. HSBC Holdings PLC
    0.17%0.17% of portfolio
    $2.25M$2.25M invested
  • 4. Commonwealth Bank of Australia
    0.14%0.14% of portfolio
    $1.86M$1.86M invested
  • 5. Morgan Stanley
    0.11%0.11% of portfolio
    $1.44M$1.44M invested
View next 5
Major consumer brands
Major consumer brands
154 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
154 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.9%0.9% of portfolio
    $11.6M$11.6M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.43%0.43% of portfolio
    $5.55M$5.55M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.39%0.39% of portfolio
    $5.11M$5.11M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 4. Procter & Gamble Co
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.34%0.34% of portfolio
    $4.43M$4.43M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. LVMH Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.33%0.33% of portfolio
    $4.22M$4.22M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 2/28/23
Financial performance
Performance data provided byMorningstarFind more financial data on SSDLX at Morningstar.com
Current fund
SSDLX
State Street Target Retirement 2050 Fund
Family
State Street Global Advisors
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-4.63% less in annualized returns
More invested in commodity producers 
0.28% more invested
Less invested in banks and lenders 
0.26% less invested
Less invested in major consumer brands 
5.82% less invested
Current fund
SSDLX
State Street Target Retirement 2050 Fund
Family
State Street Global Advisors
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-4.63% less in annualized returns
More invested in commodity producers 
0.28% more invested
Less invested in banks and lenders 
0.26% less invested
Less invested in major consumer brands 
5.82% less invested
Current fund
SSDLX
State Street Target Retirement 2050 Fund
Family
State Street Global Advisors
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-4.63% less in annualized returns
More invested in commodity producers 
0.28% more invested
Less invested in banks and lenders 
0.26% less invested
Less invested in major consumer brands 
5.82% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
SSDLX - State Street Target Retirement 2050 Fund
1.11%
9.89%
6.78%
/
0.58% 
Benchmark
IVV - iShares Core S&P 500 ETF
2.63%
14%
11%
12%
0.3% 
Fund compared to benchmark
 
-1.52%
-4.59%
-4.63%
/
0.28%  higher
Find more financial data on SSDLX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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