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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

NAV

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

$264.09
as of Jul 11 2024
Total Net Assets
$1,517.73 M
as of Jul 11 2024
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.

0.17%
Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until December 31, 2024 (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 exceed 0.157% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2024 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, 2024.

0.16%
1 Day Nav Change
-$2.33 (-0.87%)

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 approximately 24 separate industry groups.

Fund Information as of Jul 14 2024

Benchmark S&P 500 Index
Inception Date Dec 30 1992
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.

0.17%
Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until December 31, 2024 (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 exceed 0.157% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2024 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, 2024.

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 Jul 14 2024

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

Fund Characteristics as of Jun 30 2024

Dividend Yield 1.36%
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.

18.43%
Number of Holdings 503
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.

4.70
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.

22.71
Weighted Average Market Cap $1,008,635.56 M

Yields as of Jul 11 2024

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.

1.14%
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.

1.14%

Fund Net Asset Value as of Jul 11 2024

Percent Change -0.87%
Price Change -$2.33
NAV

NAV

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

$264.09
Shares Outstanding 5.75 M
Total Net Assets $1,517.73 M

Fund Performance

  • Fund Inception Date: Dec 30 1992

as of Jun 30 2024

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Jun 30 2024 3.58% 4.25% 15.21% 24.38% 9.86% 14.95% 12.72% 10.30%
Benchmark
S&P 500 Index
Jun 30 2024 3.59% 4.28% 15.29% 24.56% 10.01% 15.05% 12.86% 10.48%

as of Jun 30 2024

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Jun 30 2024 3.58% 4.25% 15.21% 24.38% 9.86% 14.95% 12.72% 10.30%
Benchmark
S&P 500 Index
Jun 30 2024 3.59% 4.28% 15.29% 24.56% 10.01% 15.05% 12.86% 10.48%

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: 0.17%

Net Expense Ratio: 0.16%

Top Holdings

Subject to change.

Fund Top Holdings as of Jun 30 2024

Name Weight
Microsoft Corporation 7.24%
Apple Inc. 6.62%
NVIDIA Corporation 6.62%
Amazon.com Inc. 3.86%
Meta Platforms Inc Class A 2.41%
Alphabet Inc. Class A 2.33%
Alphabet Inc. Class C 1.95%
Berkshire Hathaway Inc. Class B 1.60%
Eli Lilly and Company 1.57%
Broadcom Inc. 1.52%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Jun 30 2024

Sector Weight
Information Technology 32.44%
Financials 12.42%
Health Care 11.70%
Consumer Discretionary 9.97%
Communication Services 9.34%
Industrials 8.16%
Consumer Staples 5.76%
Energy 3.64%
Utilities 2.28%
Materials 2.15%
Real Estate 2.14%

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, 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.