State Street Emerging Markets Equity Index Fund - Class K SSKEX

Important Risk Disclosure

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

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.

Geographic focused investments may be subject to significant volatility given the concentration across a single country or region.

NAV

NAV

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

$81.02

as of Oct 22 2021

Total Net Assets

$919.23 M

as of Oct 22 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.

0.31%

Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until April 30, 2022 (i) to waive up to the full amount of the advisory fee payable by the Fund, and/or (ii) to reimburse the Fund 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 0.12% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2022 except with approval of the Fund's Board of Trustees.

0.17%

1 Day Nav Change

+$0.01 (+0.01%)


Key Features

Key Features

The State Street Emerging Markets Equity Index Fund seeks to provide investment results that, before fees and expenses, correspond generally to the total return of an index that tracks the performance of emerging market equity securities.


About this Benchmark

About this Benchmark

The MSCI Emerging Markets Index captures large and mid cap representation across 27 Emerging Markets (EM) countries. The index covers approximately 85% of the free float-adjusted market capitalization in each country


Fund Information as of Oct 25 2021

Fund Information as of Oct 25 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. (the “Adviser” or “SSGA FM”), is contractually obligated until April 30, 2022 (i) to waive up to the full amount of the advisory fee payable by the Fund, and/or (ii) to reimburse the Fund 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 0.12% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2022 except with approval of the Fund's Board of Trustees.

Base Currency Investment Manager
MSCI Emerging Markets Index Dec 18 2015 No 0.31% 0.17% USD SSGA Funds Management, Inc.
Benchmark MSCI Emerging Markets Index
Inception Date Dec 18 2015
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.

0.31%
Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until April 30, 2022 (i) to waive up to the full amount of the advisory fee payable by the Fund, and/or (ii) to reimburse the Fund 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 0.12% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2022 except with approval of the Fund's Board of Trustees.

0.17%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Distributor Distribution Frequency
Global Equity Beta Solutions State Street Global Advisors Funds Distributors, LLC Annually
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annually

Listing Information as of Oct 25 2021

Listing Information as of Oct 25 2021
Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Dec 21 2015 USD SSKEX 85749T202
Exchange NASDAQ REGULAR MARKET
Listing Date Dec 21 2015
Trading Currency USD
Ticker SSKEX
CUSIP 85749T202

Fund Characteristics as of Sep 30 2021

Fund Characteristics as of Sep 30 2021
Dividend Yield Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
2.17% 12.47% 1,411 1.96 12.57 $130,239.84 M
Dividend Yield 2.17%
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

12.47%
Number of Holdings 1,411
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

1.96
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

12.57
Weighted Average Market Cap $130,239.84 M

Yields as of Oct 22 2021

Yields as of Oct 22 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.

1.60% 1.47%
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.

1.60%
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.

1.47%

Fund Net Asset Value as of Oct 22 2021

Fund Net Asset Value as of Oct 22 2021
Percent Change Price Change 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
0.01% $0.01 $81.02 11.35 M $919.23 M
Percent Change 0.01%
Price Change $0.01
NAV

NAV

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

$81.02
Shares Outstanding 11.35 M
Total Net Assets $919.23 M

Fund Performance

Fund Performance

  • Fund Inception Date: Dec 18 2015

as of Sep 30 2021

as of Sep 30 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 18 2015
Fund at NAV Sep 30 2021 -4.26% -8.43% -1.74% 17.05% 8.27% 8.83% - 10.47%
MSCI Emerging Markets Index Sep 30 2021 -3.97% -8.09% -1.25% 18.20% 8.58% 9.23% - 10.89%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 18 2015
Fund at NAV Sep 30 2021 -4.26% -8.43% -1.74% 17.05% 8.27% 8.83% - 10.47%
MSCI Emerging Markets Index Sep 30 2021 -3.97% -8.09% -1.25% 18.20% 8.58% 9.23% - 10.89%

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: 0.31%

Net Expense Ratio: 0.17%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Sep 30 2021

Fund Top Holdings as of Sep 30 2021

Name Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 6.21%
Tencent Holdings Ltd. 4.13%
Samsung Electronics Co. Ltd. 3.62%
Alibaba Group Holding Ltd. 3.36%
Meituan Class B 1.55%
Reliance Industries Limited 1.17%
Infosys Limited 0.93%
China Construction Bank Corporation Class H 0.84%
Housing Development Finance Corporation Limited 0.77%
JD.com Inc. Sponsored ADR Class A 0.76%
Download All Holdings: Monthly

Sector Allocation

Sector Allocation
Fund Sector Allocationas of Sep 30 2021

Fund Sector Allocation as of Sep 30 2021

Sector Weight
Information Technology 20.97%
Financials 19.37%
Consumer Discretionary 14.75%
Communication Services 10.10%
Materials 8.54%
Energy 5.91%
Consumer Staples 5.57%
Health Care 4.78%
Industrials 4.58%
Utilities 2.25%
Real Estate 2.08%
Unassigned 1.11%

Geographical Breakdown

Geographical Breakdown

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: State Street Emerging Markets Equity Index Fund - Class K

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 Emerging Markets Equity Index Fund - Class K.

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based.  The Prospectus contains a more detailed description of the limited relationship MSCI has with SSGA Funds Management, Inc and any related funds.