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    State Street Aggregate Bond Index Fund - Class I SSFDX

    Important Risk Disclosure

    Purchase Information
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    $104.27

    as of Jan 14 2021

    Base Currency

    USD

    Total Net Assets

    $6.43 M

    as of Jan 14 2021

    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    0.455%

    Net Expense Ratio

    ^The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2021 (i) to waive up to the full amount of the advisory fee payable by the Fund and/or (ii) 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, sub-transfer agency and administration fees) exceed 0.025% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2021 except with approval of the Fund's Board of Trustees.

    0.225%

    Quick Links

    Key Features

    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

    About this Benchmark

    The Bloomberg Barclays U.S. Aggregate Bond Index provides a measure of the performance of the U.S. dollar denominated investment grade bond market, which includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moody's Investor Service, Inc., Standard & Poor's, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and asset backed securities that are publicly for sale in the United States. The securities in the Bloomberg Barclays U.S. Aggregate Bond Index must have at least 1 year remaining to maturity and must have $300 million or more of outstanding face value. Asset backed securities must have a minimum deal size of $500 million and a minimum tranche size of $25 million. For commercial mortgage backed securities, the original aggregate transaction must have a minimum deal size of $500 million, and a minimum tranche size of $25 million; the aggregate outstanding transaction sizes must be at least $300 million to remain in the index. In addition, the securities must be U.S. dollar denominated, fixed rate, non convertible, and taxable. Certain types of securities, such as flower bonds, TINs, and state and local government series bonds are excluded from the Bloomberg Barclays U.S. Aggregate Bond Index. Also excluded from the Bloomberg Barclays U.S. Aggregate Bond Index are structured notes with embedded swaps or other special features, private placements, floating rate securities and Eurobonds. The Bloomberg Barclays U.S. Aggregate Bond Index is market capitalization weighted and the securities in the Index are updated on the last business day of each month.

    Fund Information as of Jan 14 2021

    Fund Information as of Jan 14 2021
    Benchmark Inception Date Options Available Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 Net Expense Ratio

    ^The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2021 (i) to waive up to the full amount of the advisory fee payable by the Fund and/or (ii) 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, sub-transfer agency and administration fees) exceed 0.025% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2021 except with approval of the Fund's Board of Trustees.

    		 Base Currency Investment Manager
    Bloomberg Barclays U.S. Aggregate Bond Index Sep 19 2014 No 0.455% 0.225% USD SSGA Funds Management, Inc.
    Benchmark Bloomberg Barclays U.S. Aggregate Bond Index
    Inception Date Sep 19 2014
    Options Available No
    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 0.455%
    Net Expense Ratio

    ^The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2021 (i) to waive up to the full amount of the advisory fee payable by the Fund and/or (ii) 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, sub-transfer agency and administration fees) exceed 0.025% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2021 except with approval of the Fund's Board of Trustees.

    		 0.225%
    Base Currency USD
    Investment Manager SSGA Funds Management, Inc.
    Management Team Distributor Distribution Frequency
    Global Fixed Income, Cash and Currency State Street Global Advisors Funds Distributors, LLC Monthly
    Management Team Global Fixed Income, Cash and Currency
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Monthly

    Listing Information as of Jan 14 2021

    Listing Information as of Jan 14 2021
    Exchange Listing Date Trading Currency Ticker CUSIP
    NASDAQ REGULAR MARKET Sep 19 2014 USD SSFDX 85749T863
    Exchange NASDAQ REGULAR MARKET
    Listing Date Sep 19 2014
    Trading Currency USD
    Ticker SSFDX
    CUSIP 85749T863

    Fund Characteristics as of Dec 31 2020

    Fund Characteristics as of Dec 31 2020
    Number of Holdings Average Yield To Worst

    The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

    		 Effective Average Maturity Portfolio Duration

    Portfolio Duration

    An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates.  Calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps.  Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.
    3,933 1.16% 8.66 years 6.67 years
    Number of Holdings 3,933
    Average Yield To Worst

    The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

    		 1.16%
    Effective Average Maturity 8.66 years
    Portfolio Duration

    Portfolio Duration

    An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates.  Calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps.  Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

    		 6.67 years

    Yields as of Jan 15 2021

    Yields as of Jan 15 2021
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.
    2.32% 2.30%
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 2.32%
    30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

    		 2.30%

    Fund Net Asset Value as of Jan 14 2021

    Fund Net Asset Value as of Jan 14 2021
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 Shares Outstanding Total Net Assets
    $104.27 61,686 $6.43 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 $104.27
    Shares Outstanding 61,686
    Total Net Assets $6.43 M

    Fund Performance

    Fund Performance

    • Fund Inception Date: Sep 19 2014
    Performance
    Month End Quarter End

    as of Dec 31 2020

    as of Dec 31 2020

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Sep 19 2014
    Fund at NAV Dec 31 2020 0.11% 0.58% 7.57% 7.57% 5.23% 4.27% - 3.77%
    Bloomberg Barclays U.S. Aggregate Bond Index Dec 31 2020 0.14% 0.67% 7.51% 7.51% 5.34% 4.44% - 3.94%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Sep 19 2014
    Fund at NAV Dec 31 2020 0.11% 0.58% 7.57% 7.57% 5.23% 4.27% - 3.77%
    Bloomberg Barclays U.S. Aggregate Bond Index Dec 31 2020 0.14% 0.67% 7.51% 7.51% 5.34% 4.44% - 3.94%

    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. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

    Gross Expense Ratio: 0.455%

    Net Expense Ratio: 0.225%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Dec 31 2020

    Fund Top Holdings as of Dec 31 2020

    Name Weight
    US/T 39.16%
    FNMA 11.95%
    FHLMC 6.52%
    GNMA 5.54%
    FNCL 3.73%
    G2SF 1.35%
    FHMS 0.76%
    FNCI 0.76%
    BAC 0.72%
    JPM 0.63%
    Download All Holdings: Monthly

    Sector Allocation

    Sector Allocation
    Fund Sector Allocationas of Dec 31 2020

    Fund Sector Allocation as of Dec 31 2020

    Sector Weight
    Treasury 37.16%
    Mortgage Backed Securities 26.66%
    Corporate - Industrial 16.04%
    Corporate - Finance 8.88%
    Non Corporates 4.64%
    CMBS 2.29%
    Corporate - Utility 2.20%
    Agency 1.75%
    Asset Backed Securities 0.37%
    Fund Documents
    Information & Schedules

    Purchase Information

    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, as Transfer Agent 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

    1-800-647-7327

    Fund Footnotes

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

    Intellectual Property Information: BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc.

    Questions? Feel free to

    View More Information About Our Firm: FINRA's BrokerCheck

     

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-800-997-7327, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

     

    Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SSGA Funds.

     

    THIS SITE IS INTENDED FOR U.S. INVESTORS ONLY.

     

    No Offer/Local Restrictions

     

    Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. Not all products will be available to all investors. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. 

     

    All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site.

     

    Information for Non-U.S. Investors: 

     

    The products and services described on this web site are intended to be made available only to persons in the United States, and the information on this web site is only for such persons. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

     

    2584532.2.1.AM.RTL

     

    Exp. 9/30/2021


    View the FinSA disclosures

     Not FDIC Insured * No Bank Guarantee * May Lose Value

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