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State Street Institutional Liquid Reserves Fund - Investment Class SSVXX

NAV

NAV

Net asset value (NAV) is the value per share of a mutual fund on at a specific date and time. The per-share dollar amount of the fund is based on the total value of all the securities in its portfolio, any liabilities the fund has and the number of fund shares outstanding.

$1.0004
$1.0004
$1.0004
as of May 24 2024
Net Assets ($MM)
$15,511.93
as of May 24 2024
WAM

WAM

WAM (Weighted Average Maturity) is a measure of a fund's sensitivity to interest rate movements utilizing the interest-rate reset date and not a security's stated final maturity.

23
WAL

WAL

WAL (Weighted Average Life) is a measure of a fund's sensitivity to credit spreads or liquidity conditions utilizing a security's stated final maturity date or the date of the next demand feature. WAL does not reflect changes in the interest rate reset date.

42
as of May 24 2024
Daily Factor

Daily Factor

A decimal representing the portion of an annual yield earned in one day.

0.000554689
as of May 24 2024
Yield

The subsidized yield reflects the yield calculation with voluntary reduction currently in effect. Without the reduction returns would have been lower.

5.08%
5.04%
5.04%
as of May 24 2024
Performance
0.41%
5.16%
as of Apr 30 2024

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 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.

Fund Information as of May 25 2024

Ticker Symbol SSVXX
Inception Date Oct 15 2007
CUSIP 85749P200
NAIC No
Min. initial investment $250
Net Expense Ratio 1 0.47%
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

Historical NAV

The Historical Net Asset Value ("NAV") chart displays the 3:00pm ET Floating NAV of the fund. Prior to October 12, 2016, the Historical NAV chart displayed the Shadow NAV of the fund. The Shadow NAV of the Fund was designed to show the extent of deviation, if any, of the net asset value of the Fund using the amortized cost method of valuation in which, during the calculating the Fund's NAV, portfolio securities are valued at the fund's acquisition cost, as adjusted for amortization of premium or accretion of discount, intended to create a "stable NAV", in comparison to portfolio securities being valued based on available market quotations or current market factors, creating a likely "floating NAV". An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other Government agency. None of the State Street Corporation, State Street Bank and Trust Company, State Street Global Advisors, SSGA Funds Management, Inc. or their affiliates ("State Street Entities") guarantee the value of your investment at $1.00 per share.

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.

Current Fund Performance

  • Fund Inception Date: Oct 15 2007

as of Apr 30 2024

As Of Net Assets ($MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Oct 15 2007
Month End Apr 30 2024 $16,301.46 0.41% 1.22% 1.67% 5.16% 2.65% 1.91% 1.27% 0.99%

as of Mar 31 2024

As Of Net Assets ($MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Oct 15 2007
Quarter End Mar 31 2024 $16,023.36 0.41% 1.25% 1.25% 5.13% 2.51% 1.86% 1.23% 0.97%

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.

Historical Fund Performance

Date Net Assets ($MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Oct 15 2007
Apr 30 2024 $16,301.46 0.41% 1.22% 1.67% 5.16% 2.65% 1.91% 1.27% 0.99%
Mar 31 2024 $16,023.36 0.41% 1.25% 1.25% 5.13% 2.51% 1.86% 1.23% 0.97%
Feb 29 2024 $16,361.07 0.39% 1.28% 0.84% 5.07% 2.37% 1.82% 1.19% 0.95%
Jan 31 2024 $15,523.41 0.44% 1.33% 0.44% 5.01% 2.24% 1.77% 1.15% 0.93%

No data available.

Download: Performance

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.

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.

Current Yield

Subsidized Yields

The subsidized yield reflects the yield calculation with voluntary reduction currently in effect. Without the reduction returns would have been lower.

Unsubsidized Yields
Date Net Assets ($MM) Daily Factors

Daily Factor

A decimal representing the portion of an annual yield earned in one day.

1 Day 7 Day 30 Day 1 Day 7 Day 30 Day
May 24 2024 $15,511.93 0.000554689 5.08% 5.04% 5.04% 5.08% 5.04% 5.04%

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.

Historical Yield

< 2024 >
Jan Feb Mar Apr
May Jun Jul Aug
Sep Oct Nov Dec
Subsidized Yields

The subsidized yield reflects the yield calculation with voluntary reduction currently in effect. Without the reduction returns would have been lower.

Unsubsidized Yields
Date Net Assets ($MM) Daily Factors

Daily Factor

A decimal representing the portion of an annual yield earned in one day.

1 Day 7 Day 30 Day 1 Day 7 Day 30 Day
May 24 2024 $15,511.93 0.000554689 5.08% 5.04% 5.04% 5.08% 5.04% 5.04%
May 23 2024 $16,019.73 0.000137526 5.02% 5.03% 5.04% 5.02% 5.03% 5.04%
May 22 2024 $15,900.74 0.000137526 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 21 2024 $15,720.81 0.000137526 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 20 2024 $16,313.79 0.000137526 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 17 2024 $16,088.68 0.000414107 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 16 2024 $16,268.50 0.000139054 5.08% 5.04% 5.05% 5.08% 5.04% 5.05%
May 15 2024 $15,897.10 0.000137526 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 14 2024 $15,831.85 0.000137526 5.02% 5.05% 5.05% 5.02% 5.05% 5.05%
May 13 2024 $15,989.82 0.000137526 5.02% 5.05% 5.05% 5.02% 5.05% 5.05%
May 10 2024 $15,894.20 0.000415635 5.08% 5.06% 5.05% 5.08% 5.06% 5.05%
May 09 2024 $15,843.84 0.000139054 5.08% 5.05% 5.05% 5.08% 5.05% 5.05%
May 08 2024 $16,053.86 0.000139054 5.08% 5.05% 5.05% 5.08% 5.05% 5.05%
May 07 2024 $15,833.63 0.000137526 5.02% 5.04% 5.04% 5.02% 5.04% 5.04%
May 06 2024 $16,152.15 0.000139054 5.08% 5.05% 5.05% 5.08% 5.05% 5.05%
May 03 2024 $16,012.59 0.000414107 5.02% 5.03% 5.04% 5.02% 5.03% 5.04%
May 02 2024 $15,905.52 0.000139054 5.08% 5.04% 5.05% 5.08% 5.04% 5.05%
May 01 2024 $16,632.72 0.000137526 5.02% 5.04% 5.05% 5.02% 5.04% 5.05%

No data available.

Download: Yields

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.

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.

Liquid Assets

Daily Liquid Assets are defined as cash, direct obligations of the United States Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, or proceeds of pending sales of portfolio securities due within one business day.

Weekly Liquid Assets are defined as cash, direct obligations of the United States Government, certain securities issued by entities acting as an instrumentality of (and controlled or supervised by) the United States Government subject to conditions specified in Section 270.2a7 of the Investment Company Act of 1940, as amended, securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days, or proceeds of pending sales of portfolio securities due within five business days.

Net Inflows/Outflows

The Daily Net Inflows/Outflows chart is designed to show the variability of the Fund's daily cash flows. The net inflows or outflows of the Fund are calculated by taking the daily total new Fund share purchases (including exchanges made into the Fund) and subtracting the daily total Fund share redemptions (including exchanges made out of the Fund). The existence of any daily inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

The Monthly Net Inflows/Outflows chart is designed to show the variability of the Fund's monthly cash flows. The net inflows or outflows of the Fund are calculated by taking the monthly total new Fund share purchases (including exchanges made into the Fund) and subtracting the monthly total Fund share redemptions (including exchanges made out of the Fund). The existence of any monthly inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

Fund Top Holdings as of Apr 30 2024

JPM Chase Tri Party Repo
6.17%
 
Australia & New Zealand Banking Group Ltd.
2.62%
 
KBC Bank NV
2.47%
 
Royal Bank of Canada
1.85%
 
BNP Paribas Prime Brokerage International Ltd. Tri Party Repo
1.73%
 
Abu Dhabi International Bank I
1.70%
 
Canadian Imperial Bank of Commerce Tri Party Repo
1.54%
 
Skandinaviska Enskilda Banken AB
1.54%
 
TD Securities USA Tri Party Repo
1.36%
 
ABN Amro Bank NV
1.23%
 
Download All Holdings: Weekly (XLSX | PDF) Monthly (XLSX | PDF) Historical Holdings

Fund Sector Allocation as of Apr 30 2024

Sector Weight
Certificate of Deposit 26.45%
Financial Company Commercial Paper 22.95%
Asset Backed Commercial Paper 19.51%
Other Repurchase Agreement 13.61%
Government Agency Repurchase Agreement 9.24%
Treasury Debt 7.81%
Other Instrument 0.43%

Composition Maturity Ladder as of Apr 30 2024

Sector Weight
Overnight (1 Day) 19.25%
2 - 30 Days 23.18%
31 - 60 Days 10.19%
61 - 90 Days 16.06%
Over 90 Days 31.32%

Minimum Investment

Min. initial investment $250

To Purchase by Wire

You may make initial or subsequent investments by wiring federal funds to State Street, by:

1.) Telephoning the Customer Service Department at 866-392-0869 between 7:00 a.m. and 5:00 p.m., Eastern Standard Time, and stating:

  • Your account registration name, address and Social Security or tax identification number
  • The name of the fund in which the investment is to be made and the account number
  • The exact amount being wired

2.) Instructing the wiring bank to wire federal funds to:

State Street Bank and Trust Co.

  • 1 Iron Street
  • ABA# 0110-0002-8
  • DDA# 9904-631-0
  • Attn: State Street Institutional Liquid Reserves Fund (Investment Class)
  • Account Number and Registration
  • Dollar Amount per Account (if one wire is to cover more than one purchase)

Correspondence Information

State Street Institutional Trust Funds
Global Cash Business
PO Box 219737
Kansas City, MO
64121-9737

Brokerage Availability

State Street Institutional Trust Funds are available through most major broker/dealer and supermarket platforms.

If you are an investor advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.

Trading Deadline Information

SSIT INSTITUTIONAL LIQUID RESERVES FUND* FNAV strike times 8AM, 12PM & 3PM ET
SSIT GOVERNMENT FUND 5:00 PM ET
SSIT TREASURY FUND 2:30 PM ET
SSIT TREASURY PLUS FUND 5:00 PM ET

*The Institutional Liquid Reserves Fund's trading hours are 8AM-3PM ET. NAVs strike at 8AM, 12PM and 3PM ET. Any trades placed after 3PM ET will be entered for the next day's 8AM ET strike time.

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.

1Total Annual Fund Operating Expense Waivers. SSGA FM, as the investment adviser to each Fund is contractually obligated, through April 30, 2025 (i) to waive up to the full amount of the advisory fee payable by each Fund, and/or (ii) to reimburse a Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, interest, taxes, extraordinary expenses, acquired fund fees, any class-specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees) exceed 0.07% of average daily net assets on an annual basis (the “Total Annual Fund Operating Expense Waiver”). The Total Annual Fund Operating Expense Waiver may not be terminated prior to April 30, 2025 with respect to any Fund except with approval of the Fund’s Board of Trustees.

The Fund’s investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), and its affiliates, may voluntarily reduce all or a portion of their fees and/or reimburse expenses of the Fund or a share class to the extent necessary to maintain a certain minimum net yield, which may vary from time to time and from share class to share class within the Fund, in SSGA FM’s sole discretion (any such waiver or reimbursement of expenses being referred to herein as a “Voluntary Reduction”), or a yield below a specified level, which may vary from time to time in the Adviser’s sole discretion. The Fund has agreed, subject to certain limitations, to reimburse the Adviser and its affiliates for the full dollar amount of any Voluntary Reduction incurred beginning on May 1, 2020. During the fiscal year ended December 31, 2023, the Adviser and its affiliates did not waive fees or reimburse expenses under the Voluntary Reduction. Each of the Adviser and its affiliates may, in its sole discretion, irrevocably waive receipt of any or all reimbursement amounts due from the Fund. Any future reimbursement by the Fund of the Voluntary Reduction would increase the Fund’s expenses and may reduce the Fund’s yield during such period. There is no guarantee that the Voluntary Reduction will be in effect at any given time or that the Fund will be able to avoid a negative yield.

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