GESSX: GE RSP US Equity

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GESSX GE RSP US Equity

  • Fund
  • GESSX
  • Price as of: Jan 17, 2020
  • $59.23
    + $0.20 + 0.34%

Profile

GESSX - Profile

Vitals

  • YTD Return 3.4%
  • 3 Yr Annualized Return 5.5%
  • 5 Yr Annualized Return 2.3%
  • Net Assets $5.54 B
  • Holdings in Top 10 30.7%

52 WEEK LOW AND HIGH

$59.23
$48.43
$61.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.14%

SALES FEES

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

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return 9.9%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    GE RSP U.S. Equity Fund
  • Fund Family Name
    State Street Global Advisors
  • Inception Date
    Jan 02, 1980
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chris Sierakowski

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Categories

Performance

GESSX - Performance

Return Ranking - Trailing

Period GESSX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% 0.0% 6.4% 22.30%
1 Yr 20.5% -73.2% 37.6% 45.70%
3 Yr 5.5%* -33.7% 55.6% 63.49%
5 Yr 2.3%* -24.8% 29.3% 71.59%
10 Yr 4.6%* -9.0% 16.0% 79.41%

* Annualized

Return Ranking - Calendar

Period GESSX Return Category Return Low Category Return High Rank in Category (%)
2019 24.4% -72.6% 38.1% 36.40%
2018 -12.2% -67.0% 10.0% 38.81%
2017 6.5% -32.8% 302.5% 84.04%
2016 3.5% -26.1% 19.7% 76.61%
2015 -12.4% -82.5% 7.8% 87.26%

Total Return Ranking - Trailing

Period GESSX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% 0.0% 6.4% 22.30%
1 Yr 20.5% -73.2% 37.6% 45.20%
3 Yr 9.9%* -33.7% 55.6% 59.27%
5 Yr 8.5%* -13.8% 29.3% 49.74%
10 Yr 10.9%* -4.4% 17.4% 49.44%

* Annualized

Total Return Ranking - Calendar

Period GESSX Return Category Return Low Category Return High Rank in Category (%)
2019 24.4% -72.6% 38.1% 36.49%
2018 -12.2% -67.0% 10.0% 64.77%
2017 20.5% -22.1% 302.5% 40.09%
2016 10.1% -16.4% 23.8% 40.46%
2015 -1.9% -26.4% 106.5% 52.68%

NAV & Total Return History


Holdings

GESSX - Holdings

Concentration Analysis

GESSX Category Low Category High GESSX % Rank
Net Assets 5.54 B 135 K 898 B 17.43%
Number of Holdings 137 1 3580 43.37%
Net Assets in Top 10 1.7 B 46.7 K 169 B 14.24%
Weighting of Top 10 30.71% 2.2% 144.5% 39.12%

Top 10 Holdings

  1. Microsoft Corp 5.12%
  2. Apple Inc 4.76%
  3. Amazon.com Inc 3.69%
  4. JPMorgan Chase & Co 3.43%
  5. Alphabet Inc A 2.76%
  6. Visa Inc Class A 2.70%
  7. Merck & Co Inc 2.42%
  8. UnitedHealth Group Inc 2.00%
  9. Facebook Inc A 1.95%
  10. The Walt Disney Co 1.89%

Asset Allocation

Weighting Return Low Return High GESSX % Rank
Stocks
98.91% 81.61% 145.87% 47.22%
Cash
1.09% -78.68% 18.40% 50.57%
Preferred Stocks
0.00% -17.98% 6.21% 20.54%
Other
0.00% -1.81% 22.43% 22.50%
Convertible Bonds
0.00% 0.00% 9.79% 17.02%
Bonds
0.00% 0.00% 78.59% 25.12%

Stock Sector Breakdown

Weighting Return Low Return High GESSX % Rank
Technology
22.32% 0.00% 42.83% 23.03%
Financial Services
16.67% 0.00% 49.34% 40.43%
Healthcare
16.29% 0.00% 29.56% 17.56%
Communication Services
11.75% 0.00% 25.09% 12.92%
Industrials
8.81% 0.00% 30.59% 75.89%
Consumer Cyclical
7.87% 0.00% 35.48% 81.77%
Consumer Defense
6.21% 0.00% 28.92% 77.05%
Energy
4.41% -1.47% 14.95% 37.12%
Utilities
3.29% 0.00% 19.47% 39.19%
Basic Materials
1.86% -0.14% 13.68% 69.68%
Real Estate
0.51% 0.00% 65.29% 85.67%

Stock Geographic Breakdown

Weighting Return Low Return High GESSX % Rank
US
97.69% 80.02% 144.61% 35.76%
Non US
1.22% -1.02% 20.06% 56.46%

Expenses

GESSX - Expenses

Operational Fees

GESSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.14% 0.00% 119.91% 94.78%
Management Fee 0.12% 0.00% 2.00% 10.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

GESSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

GESSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GESSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 838.00% 55.51%

Distributions

GESSX - Distributions

Dividend Yield Analysis

GESSX Category Low Category High GESSX % Rank
Dividend Yield 0.00% 0.00% 15.63% 39.64%

Dividend Distribution Analysis

GESSX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

GESSX Category Low Category High GESSX % Rank
Net Income Ratio 1.41% -2.85% 3.34% 33.75%

Capital Gain Distribution Analysis

GESSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GESSX - Fund Manager Analysis

Managers

Chris Sierakowski


Start Date

Tenure

Tenure Rank

Jan 27, 2017

2.93

2.9%

Chris Sierakowski is a Vice President at SSGA and a Portfolio Manager in the Fundamental Equity Group. He is responsible for investment management and research. Mr. Sierakowski joined SSGA in July 2016 through its acquisition of GEAM. While at GEAM, Mr. Sierakowski ran a diversified U.S. Core Equity portfolio. He began his investment career at GEAM in 1999 as an equity research analyst. While at GEAM, Mr. Sierakowski held a series of portfolio management and analyst roles including industry coverage for the software, computer hardware, business services, semiconductors and payments industries. He also managed a Technology sector portfolio and acted as global Tech, Media and Telecom sector leader. Prior to GEAM, Mr. Sierakowski spent several years in IT consulting and as an officer in the U.S. Army. Mr. Sierakowski has a BS in Economics from the United States Military Academy and an MBA in Finance, Strategy, and Accounting from the University of Chicago Booth School of Business. He earned the Chartered Financial Analyst designation and has been a member of the CFA Institute since 2002.

Paul Nestro


Start Date

Tenure

Tenure Rank

Jul 09, 2018

1.48

1.5%

Paul Nestro is a Managing Director of State Street Global Advisors and the Director of Fundamental Growth and Core Research. Since 2004, he has been the co-Portfolio Manager of the European Equity strategy and was previously a Portfolio Manager for Emerging Markets, International Equity (EAFE), and International Small Cap strategies. He also served as the team’s analyst covering the metals and mining sector and as an analyst for a Global Equity mutual fund. Mr. Nestro joined State Street Global Advisors in July 2016 through its acquisition of GE Asset Management (GEAM). After completing GE’s Financial Management Program, he joined the Financial Planning & Analysis team at GEAM, and has been in the investment industry since 1993. Mr. Nestro has a BA in Finance from Michigan State University and is a holder of the Chartered Financial Analyst designation. Paul is a Senior Vice President and Portfolio Manager with GE Asset Management Incorporated for the International Equity, Europe Equity, and Metals and Mining portfolios. Paul also has research coverage for the Metals and Mining sector. Paul has 16 years of investment experience with GE Asset Management. After completing GE’s Financial Management Program, he joined the Financial Planning & Analysis team at GEAM. Paul has a BA in Finance from Michigan State University and is a holder of the Chartered Financial Analyst designation.

Michael Solecki


Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.34

0.3%

Mr. Solecki, CFA, is a Senior Managing Director of SSGA and Chief Investment Officer for International Equities. He has served on the portfolio management team since August 1999. Mr. Solecki joined SSGA through its acquisition of GEAM in July 2016. Mr. Solecki is a Senior Vice President and CIO at GE Asset Management. He joined GE Asset Management in 1990 as an international equity analyst. Prior to GE, he worked for Monarch Capital Corporation as a financial analyst. He has a BS in Finance from Western New England College and a MBA from Fordham University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.48 6.09 0.5