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SVSPX SSgA S&P 500 Index N

  • Fund
  • SVSPX
  • Price as of: Jun 21, 2017
  • $35.34
  • - $0.01
  • - 0.03%
  • Category
  • Large Cap Blend Equities

SVSPX - Profile

Vitals

  • YTD Return 8.3%
  • 3 Yr Annualized Return 10.0%
  • 5 Yr Annualized Return 15.2%
  • Net Assets $1.56 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$35.34
$31.07
$35.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$250

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 10.0%
  • 5 Yr Annualized Total Return 15.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.03%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name SSGA S&P 500 Index Fund
  • Fund Family Name State Street Global Advisors (Chicago)
  • Inception Date Dec 30, 1992
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Karl A. Schneider

Fund Description

The adviser uses a passive management strategy designed to track the performance of the S&P 500® Index ("S&P 500" or "index"). The index is a well-known stock market index that includes common stocks of 500 companies from a number of sectors representing a significant portion of the market value of all stocks publicly traded in the United States.

SVSPX - Performance

Return Ranking - Trailing

Period SVSPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -92.6% 25.3% 45.45% 3
1 Yr 17.3% -51.7% 30.6% 24.89% 2
3 Yr 10.0% * -15.3% 16.8% 8.96% 1
5 Yr 15.2% * -2.0% 19.3% 13.35% 1
10 Yr 6.8% * -2.0% 10.5% 16.33% 1

* Annualized


Return Ranking - Calendar

Period SVSPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.8% -37.7% 186.3% 62.16% 4
2015 -2.7% -46.9% 11.2% 24.43% 2
2014 10.2% -51.7% 38.1% 24.11% 2
2013 27.9% -88.0% 42.8% 44.88% 3
2012 12.0% -100.0% 25.9% 54.21% 3

Total Return Ranking - Trailing

Period SVSPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -92.6% 25.3% 45.35% 3
1 Yr 17.3% -52.5% 142.7% 22.71% 2
3 Yr 10.0% * -6.5% 57.6% 9.13% 1
5 Yr 15.2% * 0.0% 23.1% 22.18% 2
10 Yr 6.8% * -0.7% 12.7% 22.82% 2

* Annualized


Total Return Ranking - Calendar

Period SVSPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.4% -36.6% 190.6% 59.63% 4
2015 1.3% -40.3% 20.1% 21.49% 2
2014 14.8% -24.8% 100.1% 27.54% 2
2013 37.6% -93.4% 1119.1% 55.49% 3
2012 20.1% -100.0% 282.8% 45.33% 3

NAV & Total Return History

SVSPX - Holdings

Filings data as of: May 31, 2017

Concentration Analysis

SVSPX Category Low Category High SVSPX % Rank Quintile
Net Assets 1.56 B 9.87 K 575 B 10.70% 2
Number of Holdings 509 1 3780 3.81% 1
Net Assets in Top 10 303 M 13.1 K 85.3 B 13.38% 2
Weighting of Top 10 19.1% 2.2% 269.3% 27.34% 4

Top 10 Holdings

  1. Apple Inc 3.72%
  2. S+p500 Emini Fut Jun17 Xcme 20170616 1.92%
  3. Exxon Mobil Corp 1.55%
  4. Microsoft Corp 2.51%
  5. Johnson & Johnson 1.61%
  6. Berkshire Hathaway Inc B 1.46%
  7. Amazon.com Inc 1.83%
  8. Facebook Inc A 1.65%
  9. JPMorgan Chase & Co 1.36%
  10. Ssi Us Gov Money Market Class State Street Inst Us Gov 1.51%

Asset Allocation

Weighting Category Low Category High SVSPX % Rank Quintile
Stocks
98.27% 0.00% 136.78% 8.76% 2
Bonds
1.51% -38.55% 114.63% 5.03% 1
Cash
0.22% -114.79% 132.07% 24.39% 4
Preferred Stocks
0.00% -0.34% 88.99% 3.53% 2
Other
0.00% -81.75% 100.00% 9.64% 3
Convertible Bonds
0.00% 0.00% 78.34% 2.16% 2

Stock Sector Breakdown

Weighting Category Low Category High SVSPX % Rank Quintile
Technology
19.97% 0.00% 58.75% 8.94% 2
Financial Services
15.00% 0.00% 64.31% 19.61% 4
Healthcare
13.63% 0.00% 33.17% 14.56% 3
Consumer Cyclical
10.70% 0.00% 47.61% 17.16% 3
Industrials
10.09% -0.07% 37.01% 17.88% 3
Consumer Defense
9.15% 0.00% 55.08% 9.88% 2
Energy
5.78% -2.97% 26.02% 15.93% 3
Communication Services
3.91% -0.78% 17.25% 8.15% 2
Utilities
3.16% -3.64% 32.10% 7.50% 2
Basic Materials
2.76% 0.00% 24.95% 15.50% 4
Real Estate
2.21% -29.98% 11.80% 9.52% 2

Stock Geographic Breakdown

Weighting Category Low Category High SVSPX % Rank Quintile
US
97.36% 0.00% 112.66% 7.77% 2
Non US
0.91% -1.33% 92.21% 21.22% 4

Bond Sector Breakdown

Weighting Category Low Category High SVSPX % Rank Quintile
Cash & Equivalents
0.02% -114.84% 131.77% 25.63% 5
Derivative
0.00% -61.02% 46.77% 1.23% 1
Securitized
0.00% -3.93% 55.38% 3.47% 2
Corporate
0.00% 0.00% 93.72% 8.23% 2
Municipal
0.00% 0.00% 65.19% 2.02% 2
Government
0.00% -38.55% 76.37% 5.49% 2

Bond Geographic Breakdown

Weighting Category Low Category High SVSPX % Rank Quintile
US
1.51% -38.55% 95.09% 4.60% 1
Non US
0.00% 0.00% 35.88% 4.46% 2

SVSPX - Expenses

Operational Fees

SVSPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.20% 0.02% 303.36% 21.77% 1
Management Fee 0.05% 0.00% 2.25% 7.18% 1
12b-1 Fee 0.06% 0.00% 1.00% 2.98% 1
Administrative Fee 0.05% 0.00% 0.45% 4.85% 1

Sales Fees

SVSPX Fees (% of AUM) Category Low Category High SVSPX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

SVSPX Fees (% of AUM) Category Low Category High SVSPX Rank Quintile
Max Redemption Fee N/A 0.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SVSPX Fees (% of AUM) Category Low Category High SVSPX Rank Quintile
Turnover 6.00% 0.00% 1754.00% 15.66% 1

SVSPX - Distributions

Dividend Yield Analysis

SVSPX Category Low Category High SVSPX % Rank Quintile
Dividend Yield 0.6% 0.00% 11.20% 9.44% 1

Dividend Distribution Analysis

SVSPX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SVSPX Category Low Category High SVSPX % Rank Quintile
Net Income Ratio 2.03% -2.05% 3.78% 3.82% 1

Capital Gain Distribution Analysis

SVSPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

SVSPX - Managers

Karl A. Schneider

Manager

Start Date

Dec 31, 2004

Tenure

12.42

Tenure Rank

2.6%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.


Michael J. Feehily

Manager

Start Date

Jan 03, 2017

Tenure

0.41

Tenure Rank

12.9%

Mr. Feehily, CFA, is a Managing Director of SSgA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business. This group created and managed portfolios that were designed to meet the short-term market exposure needs of institutional clients. Prior to this, Mr. Feehily had been Head of the US Passive Equity Team within SSgA. He joined SSgA in 1997. Mr. Feehily received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the Boston Security Analysts Society and the CFA Institute. Mr. Feehily is also a former member of the Russell Index Client Advisory Board.


Amy Scofield

Manager

Start Date

Jan 03, 2017

Tenure

0.41

Tenure Rank

12.9%

Amy Scofield, Principal and Portfolio Manager, has managed the portion of the Fund's assets allocated to SSgA FM since the Fund's inception. Ms. Scofield has been with SSgA FM for 8 years and began his investment career since 2000.


Tenure Analysis

Category Low

0.0

Category High

81.6

Category Average

6.08

Category Mode

0.3