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    State Street International Stock Selection Fund - Class I SSIPX

    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.

    $10.88

    as of Jan 14 2021

    Base Currency

    USD

    Total Net Assets

    $2.97 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.

    1.23%

    Net Expense Ratio

    ^The Fund's investment adviser, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2021 (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, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and subtransfer agency fees) exceed 0.75% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2021 except with the approval of the Fund's Board of Trustees. SSGA FM has contractually agreed to waive 0.01% of its administration fee. This waiver may not be terminated or modified except with the approval of the Fund's Board of Trustees and shall continue until at least December 31, 2021.

    0.95%

    1 Day Nav Change

    +$0.07 (+0.65%)

    Quick Links

    Key Features

    Key Features

    The State Street International Stock Selection Fund (the "Fund") seeks to provide long-term capital growth by investing primarily in securities of foreign issuers.

    About this Benchmark

    About this Benchmark

    The MSCI EAFE Net Dividend Index (Europe, Australasia, Far East) is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the US & Canada. The MSCI EAFE Index consists of the following 21 developed market country indexes: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.

     

    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. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2021 (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, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and subtransfer agency fees) exceed 0.75% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2021 except with the approval of the Fund's Board of Trustees. SSGA FM has contractually agreed to waive 0.01% of its administration fee. This waiver may not be terminated or modified except with the approval of the Fund's Board of Trustees and shall continue until at least December 31, 2021.

    		 Base Currency Investment Manager
    MSCI EAFE Net Dividend Index Jul 07 2014 No 1.23% 0.95% USD SSGA Funds Management, Inc.
    Benchmark MSCI EAFE Net Dividend Index
    Inception Date Jul 07 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.

    		 1.23%
    Net Expense Ratio

    ^The Fund's investment adviser, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2021 (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, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and subtransfer agency fees) exceed 0.75% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2021 except with the approval of the Fund's Board of Trustees. SSGA FM has contractually agreed to waive 0.01% of its administration fee. This waiver may not be terminated or modified except with the approval of the Fund's Board of Trustees and shall continue until at least December 31, 2021.

    		 0.95%
    Base Currency USD
    Investment Manager SSGA Funds Management, Inc.
    Management Team Distributor Distribution Frequency
    Active Quantitative Equities State Street Global Advisors Funds Distributors, LLC Annually
    Management Team Active Quantitative Equities
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Annually

    Listing Information as of Jan 14 2021

    Listing Information as of Jan 14 2021
    Exchange Listing Date Trading Currency Ticker CUSIP
    NASDAQ REGULAR MARKET Jul 07 2014 USD SSIPX 784924250
    Exchange NASDAQ REGULAR MARKET
    Listing Date Jul 07 2014
    Trading Currency USD
    Ticker SSIPX
    CUSIP 784924250

    Fund Characteristics as of Dec 31 2020

    Fund Characteristics as of Dec 31 2020
    Active Share

    Active Share measures the degree of overlap between the underlying holdings of the Fund against the underlying holdings in the fund's benchmark. A Fund's underlying holdings identical to its benchmark would have an active share of 0.00%, whereas, the more the underlying holdings are different from the benchmark, the larger the active share will be with a maximum of 100%.

    		 Dividend Yield

    Dividend Yield measures the weighted average of gross dividend yield of stocks in the fund.

    		 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
    76.94% 2.97% 8.04% 223 1.42 13.31 $46,853.86 M
    Active Share

    Active Share measures the degree of overlap between the underlying holdings of the Fund against the underlying holdings in the fund's benchmark. A Fund's underlying holdings identical to its benchmark would have an active share of 0.00%, whereas, the more the underlying holdings are different from the benchmark, the larger the active share will be with a maximum of 100%.

    		 76.94%
    Dividend Yield

    Dividend Yield measures the weighted average of gross dividend yield of stocks in the fund.

    		 2.97%
    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.

    		 8.04%
    Number of Holdings 223
    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.

    		 1.42
    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.

    		 13.31
    Weighted Average Market Cap $46,853.86 M

    Yields as of Jan 14 2021

    Yields as of Jan 14 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.
    1.83% 1.58%
    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.

    		 1.83%
    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.

    		 1.58%

    Fund Net Asset Value as of Jan 14 2021

    Fund Net Asset Value as of Jan 14 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
    0.65% $0.07 $10.88 272,790 $2.97 M
    Percent Change 0.65%
    Price Change $0.07
    NAV

    NAV

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

    		 $10.88
    Shares Outstanding 272,790
    Total Net Assets $2.97 M

    Fund Performance

    Fund Performance

    • Fund Inception Date: Jul 07 2014
    • Performance Inception Date: Mar 07 1995
    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
    Mar 07 1995
    Fund at NAV Dec 31 2020 5.42% 14.51% 2.87% 2.87% -0.22% 4.06% 3.77% 4.18%
    MSCI EAFE Net Dividend Index Dec 31 2020 4.65% 16.05% 7.82% 7.82% 4.28% 7.45% 5.51% 5.46%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Mar 07 1995
    Fund at NAV Dec 31 2020 5.42% 14.51% 2.87% 2.87% -0.22% 4.06% 3.77% 4.18%
    MSCI EAFE Net Dividend Index Dec 31 2020 4.65% 16.05% 7.82% 7.82% 4.28% 7.45% 5.51% 5.46%

    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.

    Performance shown for the periods prior to the inception of Class I shares on July 7, 2014, reflect the historical performance of the fund’s Class N shares.  Had the fund’s Class I fees been reflected, the returns shown for those periods would have been higher.

    Gross Expense Ratio: 1.23%

    Net Expense Ratio: 0.95%

    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
    Roche Holding Ltd 2.47%
    Novartis AG 2.20%
    Sony Corporation 1.84%
    Allianz SE 1.50%
    BNP Paribas SA Class A 1.45%
    Schneider Electric SE 1.43%
    GlaxoSmithKline plc 1.40%
    Deutsche Telekom AG 1.38%
    Nestle S.A. 1.37%
    Tokyo Electron Ltd. 1.37%
    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
    Financials 17.42%
    Industrials 16.53%
    Consumer Discretionary 13.59%
    Health Care 13.27%
    Materials 9.41%
    Consumer Staples 9.29%
    Information Technology 8.16%
    Communication Services 6.42%
    Utilities 2.40%
    Real Estate 1.84%
    Energy 1.67%

    Geographical Breakdown

    Geographical Breakdown
    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 International Stock Selection 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 International Stock Selection Fund - Class I.

    The financial products described herein are indexed to an MSCI  index.  The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based.

    The MSCI EAFE® Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure developed market equity performance, excluding the US & Canada. As of December 2003 the MSCI EAFE Index consisted of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The Index is unmanaged and can not be invested in directly.

    Prior to 10/12/2018, the State Street International Stock Selection Fund - Class I was known as the SSGA International Stock Selection Fund - Class I.

    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

    © 2021 %%State Street Corporation%%. All rights reserved.