State Street Real Estate Securities V.I.S. Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-6.9%
1 yr return
5.8%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
1.5%
Net Assets
$260 M
Holdings in Top 10
48.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 85.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SSRSX - Profile
Distributions
- YTD Total Return -6.9%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.93%
- Dividend Yield 2.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameState Street Real Estate Securities V.I.S. Fund
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateMay 01, 1995
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDean Frankel
Fund Description
SSRSX - Performance
Return Ranking - Trailing
Period | SSRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -14.6% | 3.5% | 22.05% |
1 Yr | 5.8% | -14.1% | 18.7% | 7.87% |
3 Yr | -0.2%* | -12.5% | 10.3% | 12.90% |
5 Yr | 1.5%* | -11.5% | 13.3% | 75.44% |
10 Yr | 4.5%* | -1.7% | 14.2% | 60.53% |
* Annualized
Return Ranking - Calendar
Period | SSRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.1% | -17.6% | 24.6% | 16.54% |
2022 | -36.9% | -51.3% | 2.7% | 80.63% |
2021 | 15.6% | -7.7% | 52.3% | 87.90% |
2020 | -7.0% | -42.2% | 35.0% | 33.33% |
2019 | 16.0% | -0.6% | 43.1% | 63.56% |
Total Return Ranking - Trailing
Period | SSRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -14.6% | 3.5% | 22.05% |
1 Yr | 5.8% | -14.1% | 18.7% | 7.87% |
3 Yr | -0.2%* | -12.5% | 10.3% | 12.90% |
5 Yr | 1.5%* | -11.5% | 13.3% | 75.44% |
10 Yr | 4.5%* | -1.7% | 14.2% | 60.53% |
* Annualized
Total Return Ranking - Calendar
Period | SSRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.5% | -14.0% | 25.0% | 22.05% |
2022 | -24.9% | -40.7% | 7.8% | 24.51% |
2021 | 41.8% | 7.8% | 54.6% | 39.92% |
2020 | -5.2% | -36.6% | 44.3% | 55.98% |
2019 | 16.0% | 3.4% | 46.4% | 95.56% |
NAV & Total Return History
SSRSX - Holdings
Concentration Analysis
SSRSX | Category Low | Category High | SSRSX % Rank | |
---|---|---|---|---|
Net Assets | 260 M | 2.26 M | 63.6 B | 52.33% |
Number of Holdings | 50 | 18 | 513 | 28.78% |
Net Assets in Top 10 | 31.9 M | 711 K | 30.4 B | 83.76% |
Weighting of Top 10 | 48.84% | 16.9% | 82.2% | 81.18% |
Top 10 Holdings
- Prologis Inc 9.70%
- Equinix Inc 7.98%
- Extra Space Storage Inc 4.55%
- Welltower Inc 4.49%
- Realty Income Corp 4.26%
- Digital Realty Trust Inc 3.90%
- Equity Residential 3.72%
- Ventas Inc 3.66%
- Public Storage 3.42%
- Simon Property Group Inc 3.18%
Asset Allocation
Weighting | Return Low | Return High | SSRSX % Rank | |
---|---|---|---|---|
Stocks | 99.01% | 0.00% | 106.01% | 39.11% |
Cash | 0.99% | -42.50% | 20.74% | 60.15% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 38.38% |
Other | 0.00% | -89.96% | 112.19% | 42.80% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 29.63% |
Bonds | 0.00% | -3.17% | 148.00% | 38.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SSRSX % Rank | |
---|---|---|---|---|
Real Estate | 100.00% | 34.46% | 100.00% | 12.06% |
Utilities | 0.00% | 0.00% | 3.55% | 27.24% |
Technology | 0.00% | 0.00% | 12.02% | 44.75% |
Industrials | 0.00% | 0.00% | 7.39% | 31.91% |
Healthcare | 0.00% | 0.00% | 0.53% | 27.24% |
Financial Services | 0.00% | 0.00% | 37.05% | 36.96% |
Energy | 0.00% | 0.00% | 33.11% | 28.02% |
Communication Services | 0.00% | 0.00% | 11.61% | 34.63% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 25.68% |
Consumer Cyclical | 0.00% | 0.00% | 45.29% | 60.31% |
Basic Materials | 0.00% | 0.00% | 13.69% | 30.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SSRSX % Rank | |
---|---|---|---|---|
US | 99.01% | 0.00% | 106.01% | 33.95% |
Non US | 0.00% | 0.00% | 41.39% | 34.32% |
SSRSX - Expenses
Operational Fees
SSRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.05% | 0.07% | 24.62% | 61.19% |
Management Fee | 0.85% | 0.00% | 1.50% | 72.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
SSRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SSRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
SSRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 85.00% | 0.11% | 380.00% | 77.78% |
SSRSX - Distributions
Dividend Yield Analysis
SSRSX | Category Low | Category High | SSRSX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.33% | 0.00% | 12.72% | 60.89% |
Dividend Distribution Analysis
SSRSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
SSRSX | Category Low | Category High | SSRSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.93% | -1.14% | 6.05% | 57.84% |
Capital Gain Distribution Analysis
SSRSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.214 | OrdinaryDividend |
Dec 27, 2022 | $0.169 | OrdinaryDividend |
Dec 27, 2017 | $0.221 | OrdinaryDividend |
Dec 29, 2016 | $0.346 | OrdinaryDividend |
Dec 30, 2015 | $0.277 | OrdinaryDividend |
Dec 23, 2014 | $0.291 | OrdinaryDividend |
Dec 27, 2013 | $0.199 | OrdinaryDividend |
Dec 28, 2012 | $0.254 | OrdinaryDividend |
Dec 29, 2011 | $0.152 | OrdinaryDividend |
Dec 30, 2010 | $0.164 | OrdinaryDividend |
Dec 30, 2009 | $0.367 | OrdinaryDividend |
Dec 31, 2008 | $0.466 | OrdinaryDividend |
Dec 29, 2003 | $0.515 | OrdinaryDividend |
Dec 23, 1999 | $0.636 | OrdinaryDividend |
SSRSX - Fund Manager Analysis
Managers
Dean Frankel
Start Date
Tenure
Tenure Rank
May 01, 2005
17.09
17.1%
Dean Frankel is the Global Co-Head, Real Estate Securities at CenterSquare Investment Management. Mr. Frankel is responsible for management of the firm's proprietary research process, as well as analyzing and interpreting the implications of major events and economic trends. Mr. Frankel manages the daily operations of the real estate securities portfolios and has ultimate decision-making authority for the core U.S. and Global REIT strategies. Mr. Frankel joined CenterSquare in 1997 and has served as Senior Portfolio Manager since 2006. He manages CenterSquare’s proprietary research process and oversees the CenterSquare Investment Management, Inc.'s real estate securities trading activities. Mr. Frankel holds a B.S. in Economics from the University of Pennsylvania's Wharton School of Business.
Eric Rothman
Start Date
Tenure
Tenure Rank
May 01, 2007
15.09
15.1%
Mr. Rothman serves as Portfolio Manager for CenterSquare Investment Management’s real estate securities group. He joined the firm in 2006, and is responsible for market research, sector allocations, research, and financial modeling across the real estate securities universe. He has over 20 years of REIT and real estate investment experience. Prior to joining CenterSquare, he spent more than six years as a sell-side REIT analyst at Wachovia Securities and three years as an analyst at AEW Capital Management, LP. Mr. Rothman graduated cum laude from Boston University with a B.A. in Economics, International Relations and French.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.89 | 2.23 |