State Street Equity 500 Index Fund - Class K SSSYX

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

Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalizations.

The Fund invests by sampling the index, holding 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 and can decline significantly in response to the activities of individual companies and general market and economic conditions.

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.

NAV
$310.13
as of Feb 03 2023
Total Net Assets
$3,497.31 M
as of Feb 03 2023
Gross Expense Ratio
0.12%
Net Expense Ratio
0.02%
1 Day Nav Change
-$1.89 (-0.61%)

Key Features


The investment objective of the State Street Equity 500 Index Fund is to replicate as closely as possible, before expenses, the performance of the Standard & Poor's 500 Index.


About this Benchmark


The S&P 500® Index is a gauge of large-cap U.S. equities and is composed of roughly five hundred (500) selected stocks, all of which are listed on national stock exchanges and spans over 25 separate industry groups.


Fund Information as of Feb 06 2023

Benchmark S&P 500 Index
Inception Date Sep 17 2014
Options Available No
Gross Expense Ratio
0.12%
Net Expense Ratio
0.02%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annually

Listing Information as of Feb 06 2023

Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Sep 17 2014 USD SSSYX 85749T814

Fund Characteristics as of Dec 31 2022

Dividend Yield 1.76%
Est. 3-5 Year EPS Growth
19.27%
Number of Holdings 506
Price/Book Ratio
3.70
Price/Earnings Ratio FY1
16.94
Weighted Average Market Cap $417,324.63 M

Yields as of Feb 06 2023

30 Day SEC Yield
0.99%
30 Day SEC Yield (Unsubsidized)
0.00%

Fund Net Asset Value as of Feb 03 2023

NAV
$310.13
Shares Outstanding 11.28 M
Total Net Assets $3,497.31 M

Fund Performance

  • Fund Inception Date: Sep 17 2014
  • Performance Inception Date: Apr 18 2001

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 18 2001
Fund at NAV Dec 31 2022 -5.79% 7.50% -18.15% -18.15% 7.56% 9.34% 12.41% 7.43%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 7.42%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 18 2001
Fund at NAV Dec 31 2022 -5.79% 7.50% -18.15% -18.15% 7.56% 9.34% 12.41% 7.43%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 7.42%

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.

Performance shown for the periods prior to the inception of Class K shares on September 17, 2014, reflect the historical performance of the fund’s Class N shares including the applicable 12b-1 fees.  Had the fund’s Class K fees been reflected, the returns shown for those periods would have been higher.

Gross Expense Ratio: 0.12%

Net Expense Ratio: 0.02%


Top Holdings

Fund Top Holdings as of Dec 31 2022

Name Weight
Apple Inc. 5.94%
Microsoft Corporation 5.46%
Amazon.com Inc. 2.28%
Berkshire Hathaway Inc. Class B 1.70%
Alphabet Inc. Class A 1.61%
UnitedHealth Group Incorporated 1.51%
Alphabet Inc. Class C 1.43%
Johnson & Johnson 1.41%
Exxon Mobil Corporation 1.39%
JPMorgan Chase & Co. 1.20%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Dec 31 2022

Sector Weight
Information Technology 25.73%
Health Care 15.82%
Financials 11.67%
Consumer Discretionary 9.78%
Industrials 8.66%
Communication Services 7.27%
Consumer Staples 7.21%
Energy 5.24%
Utilities 3.19%
Materials 2.73%
Real Estate 2.71%

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 Equity 500 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


Unless otherwise noted all information contained herein is that of the State Street Equity 500 Index Fund - Class K

Intellectual Property Information: Standard & Poor's S&P 500® Index is a registered trademark of Standard & Poor's, a division of the McGraw-Hill Companies Inc. The S&P 500® Index is unmanaged and can not be invested in directly. Standard & Poor's is the owner of the trademarks, service marks and copyrights related to its indexes. The S&P 500® Index is an index of the common stock prices of 500 widely held U.S. stocks and includes reinvestment of dividends.