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State Street Aggregate Bond Index Fund - Class I SSFDX

The value of the debt securities may increase or decrease as a result of the following: market fluctuations, increases in interest rates, inability of issuers to repay principal and interest or illiquidity in the debt securities markets; the risk of low rates of return due to reinvestment of securities during periods of falling interest rates or repayment by issuers with higher coupon or interest rates; and/or the risk of low income due to falling interest rates. To the extent that interest rates rise, certain underlying obligations may be paid off substantially slower than originally anticipated and the value of those securities may fall sharply. This may result in a reduction in income from debt securities income.

Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.

The Fund's investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities markets. Investment markets can be volatile and prices of investments can change substantially due to various factors including, but not limited to, economic growth or recession, changes in interest rates, changes in the actual or perceived creditworthiness of issuers, and general market liquidity. The Fund is subject to the risk that geopolitical events will disrupt securities markets and adversely affect global economies and markets. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, or other events could have a significant impact on the Fund and its investments.

as of Mar 17 2023
Total Net Assets
$7.18 M
as of Mar 17 2023
Gross Expense Ratio
Net Expense Ratio
1 Day Nav Change
+$0.73 (+0.85%)

Key Features

The State Street Aggregate Bond Index Fund (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the U.S. dollar denominated investment grade bond market over the long term.

About this Benchmark

The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate pass-throughs), ABS and CMBS (agency and non-agency). 

Fund Information as of Mar 20 2023

Benchmark Bloomberg U.S. Aggregate Bond Index
Inception Date Sep 19 2014
Options Available No
Gross Expense Ratio
Net Expense Ratio
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Fixed Income, Cash and Currency
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Mar 20 2023

Exchange Listing Date Trading Currency Ticker CUSIP

Fund Characteristics as of Feb 28 2023

Number of Holdings 4,756
Average Yield To Worst
Effective Average Maturity 8.51 years
Portfolio Duration
6.27 years

Yields as of Mar 17 2023

30 Day SEC Yield
30 Day SEC Yield (Unsubsidized)

Fund Net Asset Value as of Mar 17 2023

Shares Outstanding 82,561
Total Net Assets $7.18 M

Fund Performance

  • Fund Inception Date: Sep 19 2014

as of Feb 28 2023

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 19 2014
Fund at NAV Feb 28 2023 -2.62% 0.53% 0.53% -9.92% -3.97% 0.35% - 0.89%
Feb 28 2023 -2.59% 0.41% 0.41% -9.72% -3.77% 0.53% - 1.10%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 19 2014
Fund at NAV Dec 31 2022 -0.69% 1.60% -13.36% -13.36% -2.97% -0.21% - 0.84%
Dec 31 2022 -0.45% 1.87% -13.01% -13.01% -2.71% 0.02% - 1.07%

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. All results are historical and assume the reinvestment of dividends and capital gains. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Gross Expense Ratio: 0.357%

Net Expense Ratio: 0.225%

Top Holdings

Fund Top Holdings as of Feb 28 2023

Name Weight
US/T 40.83%
FNMA 18.23%
GNMA 5.12%
FNCL 2.24%
FHLMC 0.96%
G2SF 0.87%
BAC 0.66%
JPM 0.58%
FHMS 0.57%
MS 0.45%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Feb 28 2023

Sector Weight
Treasury 40.83%
Mortgage Backed Securities 27.38%
Corporate - Finance 8.30%
Non Corporates 3.89%
Corporate - Utility 2.06%
CMBS 1.59%
Agency 1.12%
Asset Backed Securities 0.37%
Cash 0.27%

Purchase Information

Brokerage Availability

SSGA Funds are available through most major broker/dealer and supermarket platforms. If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.

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 1-800-647-7327 between 8:00 a.m. and 4:00 p.m., Eastern Time, and stating: (a) your account registration number, address and social security or tax identification number, (b) the name of the fund in which the investment is to be made and the account number, and (c) the exact amount being wired.

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

State Street Bank and Trust Co.

Boston, MA 02110

ABA# 0110-0002-8

DDA# 9904-631-0

Attn: SSGA (State Street Aggregate Bond Index Fund - Class I)

Account Number and Registration

Dollar Amount per Account (if one wire is to cover more than one purchase)

Correspondence Information

SSGA Funds

1 Iron Street

Boston, MA 02210


Unless otherwise noted all information contained herein is that of the State Street Aggregate Bond Index Fund - Class I

"Bloomberg®" and Bloomberg U.S. Aggregate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Global Advisors. Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend State Street Aggregate Bond Index Fund - Class I. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to State Street Aggregate Bond Index Fund - Class I.

Prior to August 24, 2021, the Bloomberg U.S. Aggregate Bond Index was known as the Bloomberg Barclays U.S. Aggregate Bond Index.