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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

State Street S&P 500 Index Fund

SVSPX | Fund

$237.53

$1.44 B

1.60%

$3.82

0.17%

Vitals

YTD Return

5.7%

1 yr return

22.6%

3 Yr Avg Return

7.8%

5 Yr Avg Return

13.3%

Net Assets

$1.44 B

Holdings in Top 10

31.4%

52 WEEK LOW AND HIGH

$238.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 4.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$10,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

State Street S&P 500 Index Fund

SVSPX | Fund

$237.53

$1.44 B

1.60%

$3.82

0.17%

SVSPX - Profile

Distributions

  • YTD Total Return 5.7%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 13.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.33%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    State Street S&P 500 Index Fund
  • Fund Family Name
    State Street Global Advisors
  • Inception Date
    Dec 30, 1992
  • Shares Outstanding
    N/A
  • Share Class
    N
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Karl Schneider

Fund Description

The Fund uses an index tracking 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 and that measures the performance of the large-cap sector of the U.S. equities market. As of October 31, 2023, a significant portion of the Fund comprised companies in the information technology sector, although this may change from time to time.
The Fund is not managed according to traditional methods of “active” investment management, which involve the buying and selling of securities based upon economic, financial and market analysis and investment judgment. Instead, the Fund, using an “indexing” investment approach, attempts to replicate, before expenses, the performance of the S&P 500.
Under normal market conditions, the Fund will not invest less than 80% of its total assets in stocks in the Index. The notional value of the Fund's investments in derivatives or other synthetic instruments that provide exposure comparable, in the judgment of the Adviser, to the foregoing types of investments may be counted toward satisfaction of this 80% policy. The Fund attempts to replicate the investment performance of the S&P 500 and generally intends to invest in all stocks comprising the S&P 500 in approximate proportion to their weightings in the Index. However, it may not be possible or practicable to purchase all stocks of the S&P 500 in those weightings. When it is not possible or practicable to purchase all stocks of the S&P 500 in those weightings, the Fund may purchase a sample of the stocks listed in the S&P 500 in proportions expected by the Adviser to match generally the performance of the Index as a whole. In addition, from time to time stocks are added to or removed from the Index. The Fund may sell securities that are represented in the Index, or purchase securities that are not yet represented in the Index, in anticipation of their removal from or addition to the Index. Shareholders will receive sixty (60) days' notice prior to a change in the 80% investment policy.
In addition to common stocks in the S&P 500, the Fund may at times purchase or sell futures contracts on the Index, or options on those futures, in lieu of investing directly in the stocks making up the Index. The Fund might do so, for example, in order to increase its investment exposure pending investment of cash in the stocks comprising the Index. Alternatively, the Fund might use futures or options on futures to reduce its investment exposure in situations where it intends to sell a portion of the stocks in its portfolio but the sale has not yet been completed. The Fund may also enter into other derivatives transactions, including the use of options or swap transactions, to assist in attempting to replicate the performance of the Index. The Fund may also, to the extent permitted by applicable law, invest in shares of mutual funds (including those advised by the Adviser) whose investment objectives and policies are similar to those of the Fund.
Read More

SVSPX - Performance

Return Ranking - Trailing

Period SVSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -47.2% 13.8% 40.32%
1 Yr 22.6% -38.4% 44.8% 29.90%
3 Yr 7.8%* -15.0% 26.9% 23.31%
5 Yr 13.3%* -8.9% 106.7% 20.46%
10 Yr 12.3%* 0.2% 20.6% 10.48%

* Annualized

Return Ranking - Calendar

Period SVSPX Return Category Return Low Category Return High Rank in Category (%)
2023 12.0% -42.6% 47.4% 77.32%
2022 -26.1% -56.3% -4.2% 81.09%
2021 14.5% -27.2% 53.7% 62.35%
2020 1.4% -36.2% 2181.7% 91.19%
2019 23.1% -22.7% 40.4% 49.78%

Total Return Ranking - Trailing

Period SVSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -47.2% 13.8% 40.32%
1 Yr 22.6% -38.4% 44.8% 29.90%
3 Yr 7.8%* -15.0% 26.9% 23.31%
5 Yr 13.3%* -8.9% 106.7% 20.46%
10 Yr 12.3%* 0.2% 20.6% 10.48%

* Annualized

Total Return Ranking - Calendar

Period SVSPX Return Category Return Low Category Return High Rank in Category (%)
2023 26.1% -5.0% 47.4% 27.16%
2022 -18.2% -36.8% -2.2% 51.84%
2021 28.5% 3.0% 124.3% 24.61%
2020 18.6% -15.8% 2266.0% 33.28%
2019 31.0% -0.4% 241.3% 35.23%

NAV & Total Return History

SVSPX - Holdings

Concentration Analysis

SVSPX Category Low Category High SVSPX % Rank
Net Assets 1.44 B 2.34 M 1.55 T 48.12%
Number of Holdings 506 1 4053 17.90%
Net Assets in Top 10 413 M 885 K 387 B 50.08%
Weighting of Top 10 31.41% 0.3% 112.0% 61.70%

Top 10 Holdings

  1. Microsoft Corp 7.30%
  2. Apple Inc 7.24%
  3. Amazon.com Inc 3.44%
  4. NVIDIA Corp 2.99%
  5. Alphabet Inc 2.04%
  6. Meta Platforms Inc 1.89%
  7. Alphabet Inc 1.75%
  8. Tesla Inc 1.72%
  9. Berkshire Hathaway Inc 1.70%
  10. UnitedHealth Group Inc 1.33%

Asset Allocation

Weighting Return Low Return High SVSPX % Rank
Stocks 		99.41% 0.00% 124.03% 30.22%
Cash 		0.58% 0.00% 99.06% 66.88%
Other 		0.01% -13.91% 100.00% 33.67%
Preferred Stocks 		0.00% 0.00% 2.38% 89.25%
Convertible Bonds 		0.00% 0.00% 5.54% 88.82%
Bonds 		0.00% -0.50% 93.78% 89.17%

Stock Sector Breakdown

Weighting Return Low Return High SVSPX % Rank
Technology 		24.45% 0.00% 48.94% 48.48%
Healthcare 		14.47% 0.00% 60.70% 49.12%
Financial Services 		13.42% 0.00% 55.59% 49.76%
Consumer Cyclical 		10.74% 0.00% 30.33% 48.56%
Communication Services 		8.78% 0.00% 27.94% 41.29%
Industrials 		8.22% 0.00% 29.90% 70.69%
Consumer Defense 		6.91% 0.00% 47.71% 46.41%
Energy 		4.79% 0.00% 41.64% 33.63%
Utilities 		2.98% 0.00% 20.91% 28.27%
Real Estate 		2.78% 0.00% 31.91% 47.60%
Basic Materials 		2.47% 0.00% 25.70% 56.15%

Stock Geographic Breakdown

Weighting Return Low Return High SVSPX % Rank
US 		99.41% 0.00% 124.03% 23.78%
Non US 		0.00% 0.00% 62.81% 90.58%

SVSPX - Expenses

Operational Fees

SVSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.17% 0.01% 16.07% 90.28%
Management Fee 0.03% 0.00% 1.89% 4.26%
12b-1 Fee 0.06% 0.00% 1.00% 22.57%
Administrative Fee 0.05% 0.00% 0.85% 32.10%

Sales Fees

SVSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SVSPX 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.

SVSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 4.00% 0.00% 496.00% 9.98%

SVSPX - Distributions

Dividend Yield Analysis

SVSPX Category Low Category High SVSPX % Rank
Dividend Yield 1.60% 0.00% 25.84% 3.07%

Dividend Distribution Analysis

SVSPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

SVSPX Category Low Category High SVSPX % Rank
Net Income Ratio 1.33% -54.00% 6.06% 13.14%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SVSPX - Fund Manager Analysis

Managers

Karl Schneider

Start Date

Tenure

Tenure Rank

Dec 31, 2004

17.42

17.4%

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.

Amy Scofield

Start Date

Tenure

Tenure Rank

Dec 31, 2012

9.42

9.4%

Amy Scofield is a Principal of SSGA and a Portfolio Manager in the Global Equity Beta Solutions Group. Ms. Scofield rejoined SSGA in November of 2010, after spending two years at Atlantic Trust Company, a private wealth management firm. In her role at Atlantic Trust Company, Ms. Scofield specialized in asset allocation and performance analysis for high net worth clients. Prior to Atlantic Trust Company, Ms. Scofield was a compliance officer at SSGA, where she was responsible for ensuring equity portfolios met specified guidelines. Ms. Scofield also worked as an operations associate in SSGA's International Structured Products Group. Ms. Scofield holds a Bachelor of Arts in Economics from Boston College.

Michael Feehily

Start Date

Tenure

Tenure Rank

Dec 19, 2016

5.45

5.5%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.23 2.42

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