State Street S&P 500 Index Fund - Class N SVSPX

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.

Passively managed funds invest 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
$226.92
as of Dec 08 2022
Total Net Assets
$1,293.25 M
as of Dec 08 2022
Gross Expense Ratio
0.18%
Net Expense Ratio
0.16%
1 Day Nav Change
+$1.73 (+0.77%)

Key Features


The State Street S&P 500® Index Fund seeks to replicate the total return of the S&P 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 Dec 09 2022

Benchmark S&P 500 Index
Inception Date Dec 30 1992
Options Available No
Gross Expense Ratio
0.18%
Net Expense Ratio
0.16%
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 Quarterly

Listing Information as of Dec 09 2022

Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Dec 30 1992 USD SVSPX 78472P109

Fund Characteristics as of Nov 30 2022

Dividend Yield 1.64%
Est. 3-5 Year EPS Growth
19.38%
Number of Holdings 503
Price/Book Ratio
3.70
Price/Earnings Ratio FY1
17.89
Weighted Average Market Cap $471,760.56 M

Yields as of Dec 08 2022

30 Day SEC Yield
1.50%
30 Day SEC Yield (Unsubsidized)
1.49%

Fund Net Asset Value as of Dec 08 2022

Percent Change 0.77%
Price Change $1.73
NAV
$226.92
Shares Outstanding 5.70 M
Total Net Assets $1,293.25 M

Fund Performance

  • Fund Inception Date: Dec 30 1992

as of Nov 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Nov 30 2022 5.58% 14.11% -13.23% -9.35% 10.87% 10.86% 13.19% 9.72%
S&P 500 Index Nov 30 2022 5.59% 14.14% -13.10% -9.21% 10.91% 10.98% 13.34% 9.89%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Sep 30 2022 -9.23% -4.93% -23.96% -15.61% 8.12% 9.13% 11.56% 9.29%
S&P 500 Index Sep 30 2022 -9.21% -4.88% -23.87% -15.47% 8.16% 9.24% 11.70% 9.46%

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. 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.

Gross Expense Ratio: 0.18%

Net Expense Ratio: 0.16%


Top Holdings

Fund Top Holdings as of Nov 30 2022

Name Weight
Apple Inc. 6.52%
Microsoft Corporation 5.55%
Amazon.com Inc. 2.49%
Alphabet Inc. Class A 1.77%
Berkshire Hathaway Inc. Class B 1.68%
Alphabet Inc. Class C 1.59%
Tesla Inc 1.51%
UnitedHealth Group Incorporated 1.50%
Johnson & Johnson 1.37%
Exxon Mobil Corporation 1.35%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Nov 30 2022

Sector Weight
Information Technology 26.39%
Health Care 15.20%
Financials 11.60%
Consumer Discretionary 10.40%
Industrials 8.45%
Communication Services 7.45%
Consumer Staples 6.98%
Energy 5.13%
Utilities 3.01%
Materials 2.70%
Real Estate 2.69%

Purchase Information


Minimum Investments

Initial $1,000.00

Additional $100.00

Initial IRA $250.00

Additional IRA $100.00

Additional AIP $100.00

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 S&P 500 Index Fund - Class N)

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 S&P 500 Index Fund - Class N.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by SSGA. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"), a division of S&P Global; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). SSGA's investment products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) not do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index.

Prior to 10/12/2018, the State Street S&P 500 Index Fund - Class N was known as the SSGA S&P 500 Index Fund - Class N.