Yield quotations more closely reflect the current earnings of money market funds than the total return quotations. 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.
Fund Performance
| 1 month | 0.15% |
| 1 year | 2.18% |
| 5 year | 1.24% |
| 10 year | 0.69% |
| Inception 08/12/2004 | 1.56% |
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. Effective October 12, 2016, Performance is calculated using the Fund's 3pm ET Floating NAV.
Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions, all fee waivers and expense reimbursements.
Fund Objective
The investment objective of State Street Institutional Liquid Reserves Fund ( "ILR" or sometimes referred to in context as the "Fund") is to seek to maximize current income, to the extent consistent with the preservation of capital and liquidity, by investing in U.S. dollar-denominated money market securities.
See the Trading InformationFund Information
| Ticker symbol | SSIXX |
| Inception date | 08/12/2004 |
| CUSIP | 85749P101 |
| NAIC | No |
| Min. initial investment | $ 250,000,000 |
| Net expense ratio1 | 0.12% |
| S&P Fund Rating* | AAAm |
| Fitch Fund Rating* | AAAmmf |
| Investment manager | SSGA Funds Management, Inc. |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Distribution frequency | Monthly |
Yield
| As of 04/02/2020 | Subsidized† | Unsubsidized |
|---|---|---|
| 1-Day Average Yield | 0.78% | 0.78% |
| 7-Day Average Yield | 0.80% | 0.80% |
| 30-Day Average Yield | 1.13% | 1.13% |
Yield quotations more closely reflect the current earnings of money market funds than the total return quotations. Effective October 12, 2016, Yields are calculated using the Fund's 3pm ET Floating NAV.
Beginning on 12/15/2017 the assets displayed are at the Portfolio level. Prior to this date the assets displayed were at the share class level.
1The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2020 to waive its management fee and/or to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and any class specific expenses such as Distribution, Shareholder Servicing, Administration, and Sub-Transfer Agency Fees, as measured on an annualized basis) exceed 0.07% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2020 except with approval of the Fund's Board of Trustees.
Holdings subject to change
†The subsidized yield reflects the yield calculation with voluntary reduction currently in effect. Without the reduction returns would have been lower.
*All portfolio information provided is as of the date referenced, unless otherwise noted, and is subject to change. Ratings by S&P and Fitch apply to the credit quality of a portfolio and are not a recommendation to buy, sell or hold securities of a fund, are subject to change, and do not remove market risks associated with investments in the fund. For complete information on the methodology and definitions used by each rating agency, please visit the following websites; S&P- www.standardandpoors.com/ratings/funds-mmf/en/us, Fitch- www.fitchratings.com
