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

Important Risk Disclosure

NAV

NAV

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

$248.33

as of Oct 21 2020

Base Currency

USD

Total Net Assets

$1,443.41 M

as of Oct 21 2020

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.

0.20%

Net Expense Ratio

^The Fund's investment adviser, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2020 (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, 2020 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, 2020.

0.16%

1 Day Nav Change

-$0.53 (-0.21%)


Key Features

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

About this Benchmark

The S&P 500® Index is composed of 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 Oct 21 2020

Fund Information as of Oct 21 2020
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, 2020 (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, 2020 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, 2020.

Base Currency Investment Manager
S&P 500 Index Dec 30 1992 No 0.20% 0.16% USD SSGA Funds Management, Inc.
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.

0.20%
Net Expense Ratio

^The Fund's investment adviser, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2020 (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, 2020 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, 2020.

0.16%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Distributor Distribution Frequency
Global Equity Beta Solutions State Street Global Advisors Funds Distributors, LLC Quarterly
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Oct 21 2020

Listing Information as of Oct 21 2020
Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Dec 30 1992 USD SVSPX 78472P109
Exchange NASDAQ REGULAR MARKET
Listing Date Dec 30 1992
Trading Currency USD
Ticker SVSPX
CUSIP 78472P109

Fund Characteristics as of Sep 30 2020

Fund Characteristics as of Sep 30 2020
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
1.68% 15.04% 508 3.59 23.76 $452,799.10 M
Dividend Yield 1.68%
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.

15.04%
Number of Holdings 508
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.

3.59
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.

23.76
Weighted Average Market Cap $452,799.10 M

Yields as of Oct 21 2020

Yields as of Oct 21 2020
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.

1.54% 1.51%
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.

1.54%
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.

1.51%

Fund Net Asset Value as of Oct 21 2020

Fund Net Asset Value as of Oct 21 2020
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
-0.21% -$0.53 $248.33 5.81 M $1,443.41 M
Percent Change -0.21%
Price Change -$0.53
NAV

NAV

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

$248.33
Shares Outstanding 5.81 M
Total Net Assets $1,443.41 M

Fund Performance

Fund Performance

  • Fund Inception Date: Dec 30 1992

as of Sep 30 2020

as of Sep 30 2020

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Sep 30 2020 -3.83% 8.87% 5.75% 15.31% 12.18% 14.02% 13.60% 9.63%
S&P 500 Index Sep 30 2020 -3.80% 8.93% 5.57% 15.15% 12.28% 14.15% 13.74% 9.80%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 30 1992
Fund at NAV Sep 30 2020 -3.83% 8.87% 5.75% 15.31% 12.18% 14.02% 13.60% 9.63%
S&P 500 Index Sep 30 2020 -3.80% 8.93% 5.57% 15.15% 12.28% 14.15% 13.74% 9.80%

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: 0.20%

Net Expense Ratio: 0.16%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Sep 30 2020

Fund Top Holdings as of Sep 30 2020

Name Weight
Apple Inc. 6.68%
Microsoft Corporation 5.71%
Amazon.com Inc. 4.81%
Facebook Inc. Class A 2.26%
Alphabet Inc. Class A 1.58%
Alphabet Inc. Class C 1.55%
Berkshire Hathaway Inc. Class B 1.52%
Johnson & Johnson 1.41%
Procter & Gamble Company 1.24%
Visa Inc. Class A 1.21%
Download All Holdings: Monthly

Sector Allocation

Sector Allocation
Fund Sector Allocationas of Sep 30 2020

Fund Sector Allocation as of Sep 30 2020

Sector Weight
Information Technology 28.19%
Health Care 14.20%
Consumer Discretionary 11.55%
Communication Services 10.78%
Financials 9.69%
Industrials 8.26%
Consumer Staples 7.01%
Utilities 2.99%
Real Estate 2.66%
Materials 2.61%
Energy 2.07%

Purchase Information

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


Fund Footnotes

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.