State Street Active Core Bond Svc
Name
As of 03/25/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.6%
1 yr return
-3.8%
3 Yr Avg Return
2.9%
5 Yr Avg Return
2.4%
Net Assets
$138 M
Holdings in Top 10
56.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 69.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/25/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SSFSX - Profile
Distributions
- YTD Total Return -8.6%
- 3 Yr Annualized Total Return 2.9%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.22%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameState Street Active Core Bond Fund
-
Fund Family NameState Street Global Advisors
-
Inception DateSep 30, 2005
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Nest
Fund Description
• | attractive yields and prices; |
• | the potential for capital appreciation; and/or |
• | reasonable credit quality. |
SSFSX - Performance
Return Ranking - Trailing
Period | SSFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.6% | -83.6% | -0.6% | 96.99% |
1 Yr | -3.8% | -9.5% | 15.0% | 92.93% |
3 Yr | 2.9%* | -0.8% | 10.6% | 81.03% |
5 Yr | 2.4%* | 0.3% | 6.3% | 78.47% |
10 Yr | 2.4%* | 0.3% | 7.0% | 72.23% |
* Annualized
Return Ranking - Calendar
Period | SSFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.6% | -82.5% | 1360.6% | 55.48% |
2022 | 3.8% | -20.8% | 1027.9% | 54.05% |
2021 | 4.6% | -11.1% | 23.0% | 74.01% |
2020 | -3.6% | -11.4% | 6.8% | 63.21% |
2019 | 0.9% | -49.5% | 15.0% | 72.37% |
Total Return Ranking - Trailing
Period | SSFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.6% | -83.6% | -0.6% | 96.90% |
1 Yr | -3.8% | -12.2% | 11.5% | 76.39% |
3 Yr | 2.9%* | -0.9% | 8.7% | 71.62% |
5 Yr | 2.4%* | 0.2% | 6.0% | 70.04% |
10 Yr | 2.4%* | 0.3% | 6.8% | 68.04% |
* Annualized
Total Return Ranking - Calendar
Period | SSFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.6% | -82.5% | 93.6% | 55.48% |
2022 | 3.8% | -20.8% | 1027.9% | 54.05% |
2021 | 4.6% | -11.1% | 23.0% | 75.84% |
2020 | -3.6% | -11.4% | 6.8% | 67.69% |
2019 | 0.9% | -49.5% | 15.0% | 79.74% |
NAV & Total Return History
SSFSX - Holdings
Concentration Analysis
SSFSX | Category Low | Category High | SSFSX % Rank | |
---|---|---|---|---|
Net Assets | 138 M | 1.26 M | 305 B | 83.45% |
Number of Holdings | 1204 | 1 | 18199 | 28.27% |
Net Assets in Top 10 | 87.3 M | -168 M | 39.1 B | 70.49% |
Weighting of Top 10 | 56.75% | 3.9% | 100.0% | 12.16% |
Top 10 Holdings
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
- Us 2yr Note (Cbt) Mar22 Xcbt 20220331 16.81%
Asset Allocation
Weighting | Return Low | Return High | SSFSX % Rank | |
---|---|---|---|---|
Bonds | 88.70% | 0.00% | 254.56% | 84.74% |
Cash | 9.67% | -167.12% | 100.00% | 14.76% |
Convertible Bonds | 1.51% | 0.00% | 8.35% | 47.47% |
Preferred Stocks | 0.12% | 0.00% | 79.71% | 24.80% |
Stocks | 0.00% | -0.28% | 24.74% | 90.24% |
Other | 0.00% | -16.20% | 9.49% | 83.64% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SSFSX % Rank | |
---|---|---|---|---|
Government | 43.75% | 0.00% | 87.96% | 11.11% |
Corporate | 22.77% | 0.00% | 100.00% | 78.49% |
Securitized | 21.98% | 0.00% | 98.71% | 71.64% |
Cash & Equivalents | 8.90% | 0.00% | 100.00% | 26.04% |
Derivative | 2.33% | 0.00% | 24.56% | 11.73% |
Municipal | 0.28% | 0.00% | 100.00% | 57.42% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SSFSX % Rank | |
---|---|---|---|---|
US | 83.30% | 0.00% | 193.88% | 55.73% |
Non US | 5.40% | -27.76% | 63.02% | 77.42% |
SSFSX - Expenses
Operational Fees
SSFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.52% | 0.01% | 3.05% | 56.77% |
Management Fee | 0.26% | 0.00% | 1.75% | 18.83% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 60.45% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
SSFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
SSFSX 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.
SSFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 69.00% | 2.00% | 496.00% | 27.91% |
SSFSX - Distributions
Dividend Yield Analysis
SSFSX | Category Low | Category High | SSFSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.39% | 0.53% |
Dividend Distribution Analysis
SSFSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SSFSX | Category Low | Category High | SSFSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.22% | -1.28% | 8.97% | 80.48% |
Capital Gain Distribution Analysis
SSFSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 28, 2022 | $0.031 | |
Jan 31, 2022 | $0.014 | |
Dec 31, 2021 | $0.013 | |
Nov 30, 2021 | $0.015 | |
Oct 29, 2021 | $0.011 | |
Sep 30, 2021 | $0.015 | |
Aug 31, 2021 | $0.013 | |
Jul 30, 2021 | $0.017 | |
Jun 30, 2021 | $0.013 | |
May 31, 2021 | $0.022 | |
May 28, 2021 | $0.020 | |
Apr 30, 2021 | $0.010 | |
Mar 31, 2021 | $0.020 | |
Feb 26, 2021 | $0.017 | |
Jan 29, 2021 | $0.017 | |
Dec 31, 2020 | $0.015 | |
Dec 01, 2020 | $0.022 | |
Nov 02, 2020 | $0.015 | |
Oct 01, 2020 | $0.014 | |
Sep 01, 2020 | $0.032 | |
Aug 03, 2020 | $0.025 | |
Jul 01, 2020 | $0.023 | |
Jun 01, 2020 | $0.019 | |
May 01, 2020 | $0.017 | |
Apr 01, 2020 | $0.019 | |
Mar 02, 2020 | $0.019 | |
Feb 03, 2020 | $0.019 | |
May 31, 2019 | $0.023 | |
Apr 30, 2019 | $0.022 | |
Mar 29, 2019 | $0.023 | |
Feb 28, 2019 | $0.067 | |
Jan 31, 2019 | $0.022 | |
Nov 30, 2018 | $0.023 | |
Oct 31, 2018 | $0.022 | |
Aug 31, 2018 | $0.023 | |
Jul 31, 2018 | $0.023 | |
Jun 29, 2018 | $0.023 | |
May 31, 2018 | $0.022 | |
Apr 30, 2018 | $0.021 | |
Mar 29, 2018 | $0.021 | |
Feb 28, 2018 | $0.020 | |
Jan 31, 2018 | $0.020 | |
Dec 29, 2017 | $0.018 | |
Nov 30, 2017 | $0.017 | |
Oct 31, 2017 | $0.018 | |
Sep 29, 2017 | $0.018 | |
Aug 31, 2017 | $0.017 | |
Jul 31, 2017 | $0.018 | |
Jun 30, 2017 | $0.019 | |
May 31, 2017 | $0.019 | |
Apr 28, 2017 | $0.018 | |
Mar 31, 2017 | $0.018 | |
Feb 28, 2017 | $0.018 | |
Jan 31, 2017 | $0.017 | |
Dec 30, 2016 | $0.029 | |
Nov 30, 2016 | $0.016 | |
Oct 31, 2016 | $0.013 | |
Sep 30, 2016 | $0.016 | |
Aug 31, 2016 | $0.016 | |
Jul 29, 2016 | $0.017 | |
Jun 30, 2016 | $0.019 | |
May 31, 2016 | $0.017 | |
Apr 29, 2016 | $0.019 | |
Mar 31, 2016 | $0.021 | |
Feb 29, 2016 | $0.022 | |
Jan 29, 2016 | $0.023 | |
Dec 31, 2015 | $0.023 | |
Nov 30, 2015 | $0.023 | |
Oct 30, 2015 | $0.023 | |
Sep 30, 2015 | $0.023 | |
Aug 31, 2015 | $0.022 | |
Jul 31, 2015 | $0.019 | |
Jun 30, 2015 | $0.021 | |
May 29, 2015 | $0.019 | |
Apr 30, 2015 | $0.020 | |
Mar 31, 2015 | $0.020 | |
Feb 27, 2015 | $0.019 | |
Jan 30, 2015 | $0.018 | |
Dec 31, 2014 | $0.019 | |
Nov 28, 2014 | $0.019 | |
Oct 31, 2014 | $0.019 | |
Sep 30, 2014 | $0.020 | |
Aug 29, 2014 | $0.019 | |
Jul 31, 2014 | $0.018 | |
Jun 30, 2014 | $0.018 | |
May 30, 2014 | $0.018 | |
Apr 30, 2014 | $0.019 | |
Mar 31, 2014 | $0.022 | |
Feb 28, 2014 | $0.020 | |
Jan 31, 2014 | $0.020 | |
Dec 31, 2013 | $0.024 | |
Nov 29, 2013 | $0.020 | |
Oct 31, 2013 | $0.021 | |
Sep 30, 2013 | $0.024 | |
Aug 30, 2013 | $0.024 | |
Jul 31, 2013 | $0.024 | |
Jun 28, 2013 | $0.019 | |
May 31, 2013 | $0.016 | |
Apr 30, 2013 | $0.014 | |
Mar 28, 2013 | $0.013 | |
Feb 28, 2013 | $0.012 | |
Jan 31, 2013 | $0.010 | |
Dec 31, 2012 | $0.011 | |
Nov 30, 2012 | $0.012 | |
Oct 31, 2012 | $0.012 | |
Sep 28, 2012 | $0.012 | |
Aug 31, 2012 | $0.015 | |
Jul 31, 2012 | $0.015 | |
Jun 29, 2012 | $0.017 | |
May 31, 2012 | $0.017 | |
Apr 30, 2012 | $0.018 | |
Mar 30, 2012 | $0.023 | |
Feb 29, 2012 | $0.022 | |
Jan 31, 2012 | $0.024 | |
Dec 30, 2011 | $0.024 | |
Nov 30, 2011 | $0.025 | |
Oct 31, 2011 | $0.026 | |
Sep 30, 2011 | $0.030 | |
Aug 31, 2011 | $0.024 | |
Jul 29, 2011 | $0.024 | |
Jun 30, 2011 | $0.025 | |
May 31, 2011 | $0.025 | |
Apr 29, 2011 | $0.029 | |
Mar 31, 2011 | $0.027 | |
Feb 28, 2011 | $0.026 | |
Jan 31, 2011 | $0.030 | |
Dec 31, 2010 | $0.030 | |
Nov 30, 2010 | $0.028 | |
Oct 29, 2010 | $0.024 | |
Sep 30, 2010 | $0.026 | |
Aug 31, 2010 | $0.029 | |
Jul 30, 2010 | $0.032 | |
Jun 30, 2010 | $0.030 | |
May 28, 2010 | $0.028 | |
Apr 30, 2010 | $0.034 | |
Mar 31, 2010 | $0.028 | |
Feb 26, 2010 | $0.027 | |
Jan 29, 2010 | $0.031 | |
Dec 31, 2009 | $0.031 | |
Nov 30, 2009 | $0.030 | |
Oct 30, 2009 | $0.028 | |
Sep 30, 2009 | $0.030 | |
Aug 31, 2009 | $0.027 | |
Jul 31, 2009 | $0.031 | |
Jun 30, 2009 | $0.028 | |
May 29, 2009 | $0.027 | |
Apr 30, 2009 | $0.025 | |
Mar 31, 2009 | $0.024 | |
Feb 27, 2009 | $0.026 | |
Jan 30, 2009 | $0.030 | |
Dec 31, 2008 | $0.033 | |
Nov 28, 2008 | $0.035 | |
Oct 31, 2008 | $0.038 | |
Sep 30, 2008 | $0.029 | |
Aug 29, 2008 | $0.040 | |
Jul 31, 2008 | $0.034 | |
Jun 30, 2008 | $0.032 | |
May 30, 2008 | $0.028 | |
Apr 30, 2008 | $0.027 | |
Mar 31, 2008 | $0.033 | |
Feb 29, 2008 | $0.034 | |
Jan 31, 2008 | $0.039 | |
Dec 31, 2007 | $0.034 | |
Nov 30, 2007 | $0.041 | |
Oct 31, 2007 | $0.039 | |
Sep 28, 2007 | $0.037 | |
Aug 31, 2007 | $0.046 | |
Jul 31, 2007 | $0.041 | |
Jun 29, 2007 | $0.044 | |
May 31, 2007 | $0.041 | |
Apr 30, 2007 | $0.041 | |
Mar 30, 2007 | $0.042 | |
Feb 28, 2007 | $0.040 | |
Jan 31, 2007 | $0.038 | |
Dec 29, 2006 | $0.043 | |
Nov 30, 2006 | $0.039 | |
Oct 31, 2006 | $0.039 | |
Sep 29, 2006 | $0.040 | |
Aug 31, 2006 | $0.041 | |
Jul 31, 2006 | $0.037 | |
Jun 30, 2006 | $0.042 | |
May 31, 2006 | $0.040 | |
Apr 28, 2006 | $0.038 | |
Mar 31, 2006 | $0.041 |
SSFSX - Fund Manager Analysis
Managers
Matthew Nest
Start Date
Tenure
Tenure Rank
Jan 10, 2018
4.14
4.1%
Matthew Nest, CFA, is a Managing Director of SSGA and the Adviser and Global Head of Macro Strategies. In that capacity, he is responsible for global interest rate and currency portfolio management. Prior to joining SSGA in 2016, Mr. Nest spent sixteen years at PIMCO in a number of functions including portfolio management, strategy and business development. He has worked in the U.S., Sydney, Singapore and Hong Kong. He started his career at Bank of America and has been working in the investment industry since 1999. Mr. Nest has a Bachelor of Science in Economics from Arizona State University and a Master of Business Administration from the University of Chicago’s Booth School of Business. He earned the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.
James Palmieri
Start Date
Tenure
Tenure Rank
Jun 12, 2019
2.72
2.7%
James Palmieri, CFA, is a Managing Director of SSGA and the Adviser, a Senior Portfolio Manager, and Head of Structured Credit for the Fundamental Active Fixed Income Team. In his role, he is the lead portfolio manager and trader for the Structured Products Group servicing all total rate of return and insurance accounts managed in Stamford, CT. In addition to his portfolio management responsibilities, Mr. Palmieri is a member of the Fixed Income Currency and Cash Senior Leadership Team, and the Fundamental Active Core and Core Plus Fixed Income Team. He joined SSGA in 2016 through its acquisition of GE Asset Management. Prior to joining SSGA, Mr. Palmieri worked at GE Asset Management for eleven years as a senior portfolio manager and trader for all fixed income total rate of return and insurance accounts for GE. Prior to joining GE Asset Management, he worked at Constitution State Corporate Credit Union for one year as an investment director and CIGNA Investment Management for five years as a fixed income portfolio manager. He received his Bachelor of Science from Central Connecticut State University, is a Chartered Financial Analyst (CFA) charter holder and has twenty years of investment experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 33.18 | 6.63 | 0.91 |