State Street International Value Spotlight Fund - Class K SIVSX

Important Risk Disclosure

Value stocks can perform differently from the market as a whole. They can remain undervalued by the market for long periods of time.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

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

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

NAV

NAV

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

$11.40

as of Jun 16 2021

Base Currency

USD

Total Net Assets

$2.28 M

as of Jun 16 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.

11.20%

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 0.90% 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.

0.75%

1 Day Nav Change

-$0.02 (-0.18%)


Key Features

Key Features

The State Street International Value Spotlight Fund seeks to provide long-term growth of capital.


About this Benchmark

About this Benchmark

The MSCI ACWI ex USA Index captures large and mid cap representation across 22 of 23 Developed Markets countries, excluding the US, and 23 Emerging Markets countries. The index covers approximately 85% of the global equity opportunity set outside the US.


Fund Information as of Jun 16 2021

Fund Information as of Jun 16 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 0.90% 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 ACWI ex USA Index Jul 13 2016 - 11.20% 0.75% USD SSGA Funds Management, Inc.
Benchmark MSCI ACWI ex USA Index
Inception Date Jul 13 2016
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.

11.20%
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 0.90% 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.

0.75%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Distributor Distribution Frequency
Fundamental Equities State Street Global Advisors Funds Distributors, LLC Annually
Management Team Fundamental Equities
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annually

Listing Information as of Jun 16 2021

Listing Information as of Jun 16 2021
Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Sep 22 2016 USD SIVSX 85749Q463
Exchange NASDAQ REGULAR MARKET
Listing Date Sep 22 2016
Trading Currency USD
Ticker SIVSX
CUSIP 85749Q463

Fund Characteristics as of May 31 2021

Fund Characteristics as of May 31 2021
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 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
97.81% 2.87% 4.46% 33 1.00 11.20 $34,290.29 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%.

97.81%
Dividend Yield 2.87%
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.

4.46%
Number of Holdings 33
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.

1.00
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.

11.20
Weighted Average Market Cap $34,290.29 M

Yields as of Jun 16 2021

Yields as of Jun 16 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.

1.35% -6.09%
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.

1.35%
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.

-6.09%

Fund Net Asset Value as of Jun 16 2021

Fund Net Asset Value as of Jun 16 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
-0.18% -$0.02 $11.40 200,000 $2.28 M
Percent Change -0.18%
Price Change -$0.02
NAV

NAV

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

$11.40
Shares Outstanding 200,000
Total Net Assets $2.28 M

Fund Performance

Fund Performance

  • Fund Inception Date: Jul 13 2016

as of May 31 2021

as of Mar 31 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jul 13 2016
Fund at NAV May 31 2021 3.97% 4.73% 13.40% 50.19% 6.53% - - 11.54%
MSCI ACWI ex USA Index May 31 2021 3.13% 6.16% 9.87% 42.78% 8.93% - - 10.94%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jul 13 2016
Fund at NAV Mar 31 2021 2.61% 8.28% 8.28% 58.03% 4.93% - - 10.88%
MSCI ACWI ex USA Index Mar 31 2021 1.26% 3.49% 3.49% 49.41% 6.51% - - 9.95%

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: 11.20%

Net Expense Ratio: 0.75%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of May 31 2021

Fund Top Holdings as of May 31 2021

Name Weight
Banco Bilbao Vizcaya Argentaria S.A. 3.36%
CITIC Securities Co. Ltd. Class H 3.33%
Koninklijke Boskalis Westminster N.V. 3.22%
Mitsubishi UFJ Financial Group Inc. 3.21%
Newmont Corporation 3.19%
Dassault Aviation SA 3.19%
Bayerische Motoren Werke AG 3.15%
Komatsu Ltd. 3.12%
CNH Industrial NV 3.09%
Ipsen SA 3.09%
Download All Holdings: Monthly

Sector Allocation

Sector Allocation
Fund Sector Allocationas of May 31 2021

Fund Sector Allocation as of May 31 2021

Sector Weight
Financials 28.66%
Industrials 21.78%
Materials 14.95%
Health Care 12.05%
Consumer Staples 8.63%
Consumer Discretionary 6.34%
Information Technology 5.22%
Communication Services 2.38%

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 International Value Spotlight 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 International Value Spotlight 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.