State Street Institutional Liquid Reserves Fund
The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.View more performance »
|Weekly holdings||PDF XLS|
|Monthly holdings||PDF XLS|
(trailing 1 year)
The Institutional Liquid Reserves Fund seeks to maximize current income to the extent consistent with preservation of capital and liquidity and the maintenance of a stable $1.00 per share net asset value, by investing in U.S. dollar-denominated money market securities.
|Min. initial investment||$25,000,000|
|Net expense ratio||0.47%|
|S&P Fund Rating*||AAAm|
|Fitch Fund Rating**||AAAmmf|
|Investment manager||SSgA Funds Management, Inc.|
|Distributor||State Street Global Markets, LLC|
|As of 12/18/2014||Subsidized†||Unsubsidized|
|1-Day Average Yield||0.00%||-0.27%|
|7-Day Average Yield||0.00%||-0.27%|
|30-Day Average Yield||0.00%||-0.27%|
Yield quotations more closely reflect the current earnings of money market funds than the total return quotations.
*Standards & Poor Fund Ratings represent an opinion only, not a recommendation to buy or sell. A fund rated AAAm demonstrates extremely strong capacity to maintain principal stability and to limit exposure to principal losses due to credit risk. AAAm is the highest principal stability fund rating assigned by Standard & Poor. The rating is based on Standard & Poor analysis of the fund credit quality, market price exposure and management. The rating signifies the fund has extremely strong capacity to maintain principal value and limit exposure to principal losses due to credit, market and or liquidity risks. This is accomplished through conservative investment practices and strict internal controls. Rated money market fund portfolios are monitored on a weekly basis by Standard & Poor. For more information, please visit http://www.standardandpoors.com/home/en/us.
**Fitch ratings are opinions based on all information known to Fitch, including publicly available information and/or non-public documents and information provided to the agency by an issuer and other parties. A fund rated AAAmmf reflects the fund extremely strong capacity to achieve its investment objective of preserving capital and providing shareholder liquidity through limiting credit, market and liquidity risks. The main drivers of the rating assignment are the credit quality, diversification, maturity profile and liquidity of the fund portfolio and the capabilities and resources of its investment advisor. Publication and maintenance of all ratings are subject to there being sufficient information, consistent with the relevant criteria and methodology, to form a rating opinion. Ratings are not facts, and therefore cannot be described as being "accurate" or "inaccurate". Users should refer to the definition of each individual rating for guidance on the dimensions of risk covered by such rating. Please see http://www.fitchratings.com for more information.
Holdings subject to change
â€ The subsidized yield reflects the yield calculation with voluntary reduction currently in effect. Without the reduction returns would have been lower.