|
Class A |
Class I |
Class K |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
|
|
|
Class A |
Class I |
Class K |
Management Fee |
|
|
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
|
|
Other Expenses2 |
|
|
|
Total Annual Fund Operating Expenses |
|
|
|
Less Fee Waivers and/or Expense Reimbursements3,4 |
( |
( |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
|
|
|
1 year |
3 years |
5 years |
10 years |
Class A |
$ |
$ |
$ |
$ |
Class I |
$ |
$ |
$ |
$ |
Class K |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
Class A |
|
|
|
|
Return Before Taxes |
% |
- % |
% |
|
Return After Taxes on Distributions |
% |
- % |
- % |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
- % |
% |
|
Class I Returns Before Taxes |
% |
% |
% |
|
Class K Returns Before Taxes |
% |
% |
% |
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
Class A |
|
To establish an account |
$2,000 |
To add to an existing account |
None |
Class I |
|
To establish an account |
None |
To add to an existing account |
None |
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
|
Class A |
Class I |
Class K |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
|
|
|
Class A |
Class I |
Class K |
Management Fee |
|
|
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
|
|
Other Expenses2 |
|
|
|
Total Annual Fund Operating Expenses |
|
|
|
Less Fee Waivers and/or Expense Reimbursements3 |
( |
( |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
|
|
|
1 year |
3 years |
5 years |
10 years |
Class A |
$ |
$ |
$ |
$ |
Class I |
$ |
$ |
$ |
$ |
Class K |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Ten Years |
Inception Date |
Class A |
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
Class I Returns Before Taxes |
% |
% |
% |
|
Class K Returns Before Taxes |
% |
% |
% |
|
S&P 500 Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
Class A |
|
To establish an account |
$2,000 |
To add to an existing account |
None |
Class I |
|
To establish an account |
None |
To add to an existing account |
None |
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
|
Class A |
Class I |
Class K |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
|
|
|
Class A |
Class I |
Class K |
Management Fee |
|
|
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
|
|
Other Expenses2 |
|
|
|
Total Annual Fund Operating Expenses |
|
|
|
Less Fee Waivers and/or Expense Reimbursements3 |
( |
( |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
|
|
|
1 year |
3 years |
5 years |
10 years |
Class A |
$ |
$ |
$ |
$ |
Class I |
$ |
$ |
$ |
$ |
Class K |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
Class A |
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
Class I Returns Before Taxes |
% |
% |
% |
|
Class K Returns Before Taxes |
% |
% |
% |
|
MSCI ACWI ex USA Investable Market Index/MSCI ACWI ex USA Index1 (reflects no deduction for fees, expenses or taxes other than withholding taxes on reinvested dividends) |
% |
% |
% |
|
Class A |
|
To establish an account |
$2,000 |
To add to an existing account |
None |
Class I |
|
To establish an account |
None |
To add to an existing account |
None |
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
|
Class A |
Class I |
Class K |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
|
|
|
Class A |
Class I |
Class K |
Management Fee |
|
|
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
|
|
Other Expenses2 |
|
|
|
Total Annual Fund Operating Expenses |
|
|
|
Less Fee Waivers and/or Expense Reimbursements3 |
( |
( |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
|
|
|
1 year |
3 years |
5 years |
10 years |
Class A |
$ |
$ |
$ |
$ |
Class I |
$ |
$ |
$ |
$ |
Class K |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
Class A |
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
Class I Returns Before Taxes |
% |
% |
% |
|
Class K Returns Before Taxes |
% |
% |
% |
|
Russell Small Cap Completeness Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
S&P 500 Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
Class A |
|
To establish an account |
$2,000 |
To add to an existing account |
None |
Class I |
|
To establish an account |
None |
To add to an existing account |
None |
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
Fund/Portfolio |
Expense Limitation |
State Street Aggregate Bond Index Fund |
0.025% |
State Street Aggregate Bond Index Portfolio |
0.025% |
State Street Equity 500 Index Fund |
0.02% |
State Street Equity 500 Index II Portfolio |
0.02% |
State Street Global All Cap Equity ex-U.S. Index Portfolio |
0.08% |
State Street Small/Mid Cap Equity Index Fund |
0.045% |
State Street Small/Mid Cap Equity Index Portfolio |
0.03% |
Portfolio Managers |
Portfolios and Funds |
Karl Schneider and Amy Scofield |
Equity 500 Index Fund and Equity 500 Index II Portfolio |
Marc DiCosimo, Joanna Madden and Michael Przygoda |
Aggregate Bond Index Fund and Aggregate Bond Index Portfolio |
Karl Schneider and Olga Winner |
Global All Cap Equity ex-U.S. Index Fund and Global All Cap Equity ex-U.S. Index Portfolio |
Karl Schneider and Ted Janowsky |
Small/Mid Cap Equity Index Fund and Small/Mid Cap Equity Index Portfolio |
|
Class A |
Class I |
Class K |
Availability |
Available to the general public through certain Financial Intermediaries. |
Limited to certain investors serviced through a Financial Intermediary receiving a fee from the applicable Fund for shareholder servicing or similar services. |
Limited to certain investors, including certain financial institutions, qualified recordkeepers and employer-sponsored retirement plans. |
Minimum Initial Investment |
$2,000. The investment minimum may be modified, waived or reduced for certain types of investors (e.g., 401(k) or 403(b) plans) and investments as well as for certain fee-based programs where an agreement is in place. |
There is no minimum investment for Class I shares. |
There is no minimum investment for Class K shares. |
|
Class A |
Class I |
Class K |
Maximum Investment |
None. |
None. |
None. |
Initial (Front-End) Sales Charge |
Yes. 5.25% for Equity Funds and 3.75% for Fixed Income Funds, payable at time of purchase. Lower sales charges are available for larger investments. See the chart under “Class A” section of this Prospectus. |
None. Entire purchase price is invested in shares of a Fund. |
None. Entire purchase price is invested in shares of a Fund. |
Deferred (CDSC) Sales Charge |
None, except for purchases of $1,000,000 or more that are redeemed within 18 months after purchase. |
None. |
None. |
Distribution and Service (12b-1) Fees |
0.25% annual fee. |
None. |
None. |
Amount of Purchase Payment |
Sales Charge as a % of Offering Price |
Sales Charge as a % of Net Amount Invested |
Financial Intermediary Compensation as a % of Offering Price |
Less than $50,000 |
5.25% |
5.54% |
4.75% |
$50,000-$99,999 |
4.50% |
4.71% |
4.00% |
$100,000-$249,999 |
3.50% |
3.63% |
3.25% |
$250,000-$499,999 |
2.50% |
2.56% |
2.25% |
$500,000-$999,999 |
2.00% |
2.04% |
1.75% |
$1,000,000 or more |
None |
None |
Advanced Commission1, 2 |
Amount of Purchase Payment |
Sales Charge as a % of Offering Price |
Sales Charge as a % of Net Amount Invested |
Financial Intermediary Compensation as a % of Offering Price |
Less than $100,000 |
3.75% |
3.90% |
3.25% |
$100,000-$249,999 |
3.25% |
3.36% |
3.00% |
$250,000-$499,999 |
2.25% |
2.30% |
2.00% |
$500,000-$999,999 |
1.75% |
1.78% |
1.50% |
Amount of Purchase Payment |
Sales Charge as a % of Offering Price |
Sales Charge as a % of Net Amount Invested |
Financial Intermediary Compensation as a % of Offering Price |
$1,000,000 or More |
None |
None |
Advanced Commission1, 2 |
1.00% |
First $3 million |
Plus 0.50% |
Next $12 million |
Plus 0.25% |
Over $15 million |
|
Class A | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$85.06 |
$100.32 |
$105.53 |
$101.10 |
$95.50 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.37 |
1.79 |
1.45 |
2.18 |
3.40 |
Net realized and unrealized gain (loss) |
1.91 |
(15.40 ) |
(3.79 ) |
5.10 |
4.40 |
Total from investment operations |
4.28 |
(13.61 ) |
(2.34 ) |
7.28 |
7.80 |
Contribution from affiliates (Note 5) |
— |
0.06 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.35 ) |
(1.70 ) |
(1.44 ) |
(2.06 ) |
(2.20 ) |
Net realized gains |
(0.00 )(c) |
(0.01 ) |
(1.43 ) |
(0.79 ) |
— |
Total distributions |
(2.35 ) |
(1.71 ) |
(2.87 ) |
(2.85 ) |
(2.20 ) |
Net asset value, end of period |
$86.99 |
$85.06 |
$100.32 |
$105.53 |
$101.10 |
Total return (d) |
5.14 % |
(13.57 )%(e) |
(2.22 )% |
7.25 % |
8.27 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$14,851 |
$14,390 |
$10,742 |
$11,200 |
$19,325 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (f) |
0.57 % |
0.58 % |
0.58 % |
0.66 % |
0.68 % |
Net expenses (f) |
0.45 % |
0.45 % |
0.47 % |
0.48 % |
0.48 % |
Net investment income (loss) |
2.78 % |
2.01 % |
1.41 % |
2.08 % |
3.45 % |
Portfolio turnover rate (g) |
14 % |
21 % |
21 % |
37 % |
69 % |
(a) |
After the close of trading on April 17, 2020, the State Street Aggregate Bond Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(e) |
If the Adviser had not made a contribution during the year ended December 31, 2022, the total return would have been (13.63)%. |
(f) |
Ratio does not include the expenses of the corresponding Portfolio. |
(g) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class I | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$84.81 |
$100.03 |
$105.23 |
$100.80 |
$95.50 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.79 |
1.94 |
1.69 |
2.38 |
2.70 |
Net realized and unrealized gain (loss) |
1.69 |
(15.29 ) |
(3.77 ) |
5.20 |
5.40 |
Total from investment operations |
4.48 |
(13.35 ) |
(2.08 ) |
7.58 |
8.10 |
Contribution from affiliates (Note 5) |
— |
0.06 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.56 ) |
(1.92 ) |
(1.69 ) |
(2.36 ) |
(2.80 ) |
Net realized gains |
(0.00 )(c) |
(0.01 ) |
(1.43 ) |
(0.79 ) |
— |
Total distributions |
(2.56 ) |
(1.93 ) |
(3.12 ) |
(3.15 ) |
(2.80 ) |
Net asset value, end of period |
$86.73 |
$84.81 |
$100.03 |
$105.23 |
$100.80 |
Total return (d) |
5.40 % |
(13.36 )%(e) |
(1.97 )% |
7.57 % |
8.55 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$12,588 |
$6,870 |
$7,160 |
$8,073 |
$7,273 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (f) |
0.32 % |
0.33 % |
0.33 % |
0.41 % |
0.32 % |
Net expenses (f) |
0.20 % |
0.20 % |
0.22 % |
0.23 % |
0.12 % |
Net investment income (loss) |
3.31 % |
2.16 % |
1.65 % |
2.27 % |
2.73 % |
Portfolio turnover rate (g) |
14 % |
21 % |
21 % |
37 % |
69 % |
(a) |
After the close of trading on April 17, 2020, the State Street Aggregate Bond Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(e) |
If the Adviser had not made a contribution during the year ended December 31, 2022, the total return would have been (13.42)%. |
(f) |
Ratio does not include the expenses of the corresponding Portfolio. |
(g) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class K | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$84.80 |
$100.01 |
$105.20 |
$100.80 |
$95.50 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.77 |
2.13 |
1.92 |
2.59 |
2.90 |
Net realized and unrealized gain (loss) |
1.88 |
(15.30 ) |
(3.79 ) |
5.20 |
5.20 |
Total from investment operations |
4.65 |
(13.17 ) |
(1.87 ) |
7.79 |
8.10 |
Contribution from affiliates (Note 5) |
— |
0.06 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.72 ) |
(2.09 ) |
(1.89 ) |
(2.60 ) |
(2.80 ) |
Net realized gains |
(0.00 )(c) |
(0.01 ) |
(1.43 ) |
(0.79 ) |
— |
Total distributions |
(2.72 ) |
(2.10 ) |
(3.32 ) |
(3.39 ) |
(2.80 ) |
Net asset value, end of period |
$86.73 |
$84.80 |
$100.01 |
$105.20 |
$100.80 |
Total return (d) |
5.61 % |
(13.19 )%(e) |
(1.77 )% |
7.79 % |
8.57 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$789,581 |
$588,019 |
$621,039 |
$362,294 |
$210,489 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (f) |
0.12 % |
0.13 % |
0.13 % |
0.21 % |
0.23 % |
Net expenses (f) |
0.00 %(g) |
0.00 % |
0.02 % |
0.03 % |
0.03 % |
Net investment income (loss) |
3.26 % |
2.38 % |
1.88 % |
2.47 % |
2.94 % |
Portfolio turnover rate (h) |
14 % |
21 % |
21 % |
37 % |
69 % |
(a) |
After the close of trading on April 17, 2020, the State Street Aggregate Bond Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(e) |
If the Adviser had not made a contribution during the year ended December 31, 2022, the total return would have been (13.25)%. |
(f) |
Ratio does not include the expenses of the corresponding Portfolio. |
(g) |
Amount is less than 0.005%. |
(h) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class A Shares | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$287.47 |
$358.82 |
$286.88 |
$247.00 |
$196.40 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.73 |
1.67 |
3.49 |
3.20 |
4.20 |
Net realized and unrealized gain (loss) |
70.16 |
(68.27 ) |
76.69 |
40.72 |
56.30 |
Total from investment operations |
73.89 |
(66.60 ) |
80.18 |
43.92 |
60.50 |
Contribution from affiliates (Note 4) |
— |
0.13 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(3.52 ) |
(1.81 ) |
(3.29 ) |
(3.24 ) |
(3.70 ) |
Net realized gains |
(1.21 ) |
(3.07 ) |
(4.95 ) |
(0.80 ) |
(6.20 ) |
Total distributions |
(4.73 ) |
(4.88 ) |
(8.24 ) |
(4.04 ) |
(9.90 ) |
Net asset value, end of period |
$356.63 |
$287.47 |
$358.82 |
$286.88 |
$247.00 |
Total return (c) |
25.70 % |
(18.52 )%(d) |
27.94 % |
17.79 % |
30.78 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$91,891 |
$74,420 |
$95,176 |
$67,324 |
$55,604 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.54 % |
0.53 % |
0.55 % |
0.56 % |
0.57 % |
Net expenses (e) |
0.45 % |
0.45 % |
0.47 % |
0.47 % |
0.47 % |
Net investment income (loss) |
1.16 % |
0.54 % |
1.07 % |
1.29 % |
1.81 % |
Portfolio turnover rate (f) |
4 % |
2 % |
6 % |
6 % |
21 % |
(a) |
On April 17, 2020, the State Street Equity 500 Index Fund underwent a 1-for-10 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made contributions during the year ended December 31, 2022, the total return would have been (18.56)%. |
(e) |
Ratio does not include the expenses of the State Street Equity 500 Index II Portfolio. |
(f) |
Portfolio turnover rate is from the State Street Equity 500 Index II Portfolio. |
|
Class I Shares | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$287.54 |
$358.91 |
$286.96 |
$247.10 |
$196.50 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
5.23 |
2.50 |
4.85 |
4.39 |
3.20 |
Net realized and unrealized gain (loss) |
69.59 |
(68.38 ) |
76.26 |
40.24 |
58.10 |
Total from investment operations |
74.82 |
(65.88 ) |
81.11 |
44.63 |
61.30 |
Contribution from affiliates (Note 4) |
— |
0.13 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(4.43 ) |
(2.55 ) |
(4.21 ) |
(3.97 ) |
(4.50 ) |
Net realized gains |
(1.21 ) |
(3.07 ) |
(4.95 ) |
(0.80 ) |
(6.20 ) |
Total distributions |
(5.64 ) |
(5.62 ) |
(9.16 ) |
(4.77 ) |
(10.70 ) |
Net asset value, end of period |
$356.72 |
$287.54 |
$358.91 |
$286.96 |
$247.10 |
Total return (c) |
26.02 % |
(18.32 )%(d) |
28.25 % |
18.07 % |
31.17 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$53,036 |
$33,286 |
$38,162 |
$21,365 |
$14,478 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.29 % |
0.28 % |
0.30 % |
0.31 % |
0.24 % |
Net expenses (e) |
0.20 % |
0.20 % |
0.22 % |
0.22 % |
0.15 % |
Net investment income (loss) |
1.62 % |
0.80 % |
1.47 % |
1.75 % |
1.38 % |
Portfolio turnover rate (f) |
4 % |
2 % |
6 % |
6 % |
21 % |
(a) |
On April 17, 2020, the State Street Equity 500 Index Fund underwent a 1-for-10 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made contributions during the year ended December 31, 2022, the total return would have been (18.36)%. |
(e) |
Ratio does not include the expenses of the State Street Equity 500 Index II Portfolio. |
(f) |
Portfolio turnover rate is from the State Street Equity 500 Index II Portfolio. |
|
Class K Shares | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$287.55 |
$358.92 |
$286.97 |
$247.10 |
$196.40 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
5.73 |
3.53 |
5.43 |
5.92 |
5.10 |
Net realized and unrealized gain (loss) |
69.80 |
(68.82 ) |
76.42 |
39.30 |
56.60 |
Total from investment operations |
75.53 |
(65.29 ) |
81.85 |
45.22 |
61.70 |
Contribution from affiliates (Note 4) |
— |
0.13 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(5.15 ) |
(3.14 ) |
(4.95 ) |
(4.55 ) |
(4.80 ) |
Net realized gains |
(1.21 ) |
(3.07 ) |
(4.95 ) |
(0.80 ) |
(6.20 ) |
Total distributions |
(6.36 ) |
(6.21 ) |
(9.90 ) |
(5.35 ) |
(11.00 ) |
Net asset value, end of period |
$356.72 |
$287.55 |
$358.92 |
$286.97 |
$247.10 |
Total return (c) |
26.26 % |
(18.15 )%(d) |
28.51 % |
18.32 % |
31.39 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$4,819,793 |
$3,139,654 |
$2,950,849 |
$1,779,491 |
$827,654 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.09 % |
0.08 % |
0.10 % |
0.11 % |
0.12 % |
Net expenses (e) |
0.00 %(f) |
0.00 %(f) |
0.02 % |
0.02 % |
0.02 % |
Net investment income (loss) |
1.77 % |
1.14 % |
1.65 % |
2.37 % |
2.22 % |
Portfolio turnover rate (g) |
4 % |
2 % |
6 % |
6 % |
21 % |
(a) |
On April 17, 2020, the State Street Equity 500 Index Fund underwent a 1-for-10 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made contributions during the year ended December 31, 2022, the total return would have been (18.19)%. |
(e) |
Ratio does not include the expenses of the State Street Equity 500 Index II Portfolio. |
(f) |
Amount is less than 0.005%. |
(g) |
Portfolio turnover rate is from the State Street Equity 500 Index II Portfolio. |
|
Class A | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$90.38 |
$111.26 |
$107.01 |
$98.00 |
$84.60 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.53 |
1.73 |
2.53 |
1.63 |
3.20 |
Net realized and unrealized gain (loss) |
11.13 |
(20.44 ) |
5.89 |
8.74 |
14.50 |
Total from investment operations |
13.66 |
(18.71 ) |
8.42 |
10.37 |
17.70 |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.51 ) |
(1.76 ) |
(2.40 ) |
(1.34 ) |
(2.50 ) |
Net realized gains |
(0.06 ) |
(0.41 ) |
(1.77 ) |
(0.02 ) |
(1.80 ) |
Total distributions |
(2.57 ) |
(2.17 ) |
(4.17 ) |
(1.36 ) |
(4.30 ) |
Net asset value, end of period |
$101.47 |
$90.38 |
$111.26 |
$107.01 |
$98.00 |
Total return (c) |
15.15 % |
(16.83 )% |
7.88 % |
10.47 % |
21.01 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$14,026 |
$11,845 |
$12,507 |
$9,413 |
$7,104 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (d) |
0.64 % |
0.63 % |
0.63 % |
0.70 % |
0.71 % |
Net expenses (d) |
0.47 % |
0.47 % |
0.46 % |
0.46 % |
0.45 % |
Net investment income (loss) |
2.61 % |
1.82 % |
2.21 % |
1.79 % |
3.44 % |
Portfolio turnover rate (e) |
1 % |
2 % |
2 % |
2 % |
28 % |
(a) |
After the close of trading on April 17, 2020, the State Street Global All Cap Equity ex-U.S. Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
Ratio does not include the expenses of the corresponding Portfolio. |
(e) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class I | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$90.44 |
$111.37 |
$107.12 |
$98.10 |
$84.60 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
6.17 |
2.11 |
2.87 |
1.26 |
2.70 |
Net realized and unrealized gain (loss) |
7.88 |
(20.57 ) |
5.91 |
9.44 |
15.40 |
Total from investment operations |
14.05 |
(18.46 ) |
8.78 |
10.70 |
18.10 |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.92 ) |
(2.06 ) |
(2.76 ) |
(1.66 ) |
(2.80 ) |
Net realized gains |
(0.06 ) |
(0.41 ) |
(1.77 ) |
(0.02 ) |
(1.80 ) |
Total distributions |
(2.98 ) |
(2.47 ) |
(4.53 ) |
(1.68 ) |
(4.60 ) |
Net asset value, end of period |
$101.51 |
$90.44 |
$111.37 |
$107.12 |
$98.10 |
Total return (c) |
15.58 % |
(16.58 )% |
8.21 % |
10.91 % |
21.24 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$5,203 |
$788 |
$676 |
$419 |
$739 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (d) |
0.24 % |
0.33 % |
0.32 % |
0.40 % |
0.38 % |
Net expenses (d) |
0.07 % |
0.17 % |
0.16 % |
0.16 % |
0.12 % |
Net investment income (loss) |
6.38 % |
2.23 % |
2.50 % |
1.37 % |
2.90 % |
Portfolio turnover rate (e) |
1 % |
2 % |
2 % |
2 % |
28 % |
(a) |
After the close of trading on April 17, 2020, the State Street Global All Cap Equity ex-U.S. Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
Ratio does not include the expenses of the corresponding Portfolio. |
(e) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class K | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$90.58 |
$111.50 |
$107.24 |
$98.20 |
$84.70 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.15 |
2.23 |
3.41 |
2.49 |
2.90 |
Net realized and unrealized gain (loss) |
11.00 |
(20.57 ) |
5.54 |
8.40 |
15.40 |
Total from investment operations |
14.15 |
(18.34 ) |
8.95 |
10.89 |
18.30 |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.97 ) |
(2.17 ) |
(2.92 ) |
(1.83 ) |
(3.00 ) |
Net realized gains |
(0.06 ) |
(0.41 ) |
(1.77 ) |
(0.02 ) |
(1.80 ) |
Total distributions |
(3.03 ) |
(2.58 ) |
(4.69 ) |
(1.85 ) |
(4.80 ) |
Net asset value, end of period |
$101.70 |
$90.58 |
$111.50 |
$107.24 |
$98.20 |
Total return (c) |
15.67 % |
(16.45 )% |
8.36 % |
11.08 % |
21.49 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$1,451,657 |
$1,125,177 |
$1,136,787 |
$795,026 |
$423,417 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (d) |
0.19 % |
0.18 % |
0.18 % |
0.25 % |
0.27 % |
Net expenses (d) |
0.02 % |
0.02 % |
0.01 % |
0.01 % |
0.01 % |
Net investment income (loss) |
3.24 % |
2.35 % |
2.97 % |
2.70 % |
3.12 % |
Portfolio turnover rate (e) |
1 % |
2 % |
2 % |
2 % |
28 % |
(a) |
After the close of trading on April 17, 2020, the State Street Global All Cap Equity ex-U.S. Index Fund underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
Ratio does not include the expenses of the corresponding Portfolio. |
(e) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class A | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$215.67 |
$338.94 |
$330.61 |
$253.40 |
$209.40 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.47 |
2.63 |
10.39 |
2.82 |
4.40 |
Net realized and unrealized gain (loss) |
50.64 |
(90.34 ) |
29.12 |
77.73 |
53.00 |
Total from investment operations |
53.11 |
(87.71 ) |
39.51 |
80.55 |
57.40 |
Contribution from affiliates (Note 5) |
— |
0.17 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(3.02 ) |
(2.60 ) |
(10.62 ) |
(0.71 ) |
(4.60 ) |
Net realized gains |
(2.34 ) |
(33.13 ) |
(20.56 ) |
(2.63 ) |
(8.80 ) |
Return of Capital |
(0.16 ) |
— |
— |
— |
— |
Total distributions |
(5.52 ) |
(35.73 ) |
(31.18 ) |
(3.34 ) |
(13.40 ) |
Net asset value, end of period |
$263.26 |
$215.67 |
$338.94 |
$330.61 |
$253.40 |
Total return (c) |
24.60 % |
(25.74 )%(d) |
11.95 % |
31.79 % |
27.42 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$33,064 |
$29,512 |
$44,290 |
$25,877 |
$22,037 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.58 % |
0.59 % |
0.60 % |
0.69 % |
0.79 % |
Net expenses (e) |
0.47 % |
0.47 % |
0.49 % |
0.50 % |
0.49 % |
Net investment income (loss) |
1.05 % |
0.95 % |
2.82 % |
1.12 % |
1.76 % |
Portfolio turnover rate (f) |
24 % |
19 % |
28 % |
52 % |
51 % |
(a) |
After the close of trading on April 17, 2020, the State Street Small/Mid Cap Equity Index Fund underwent a 1-for-20 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made a contribution during the year ended December 31, 2022, the total return would have been (25.80)%. |
(e) |
Ratio does not include the expenses of the corresponding Portfolio. |
(f) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class I | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$215.69 |
$338.99 |
$330.66 |
$253.40 |
$209.60 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.24 |
3.58 |
9.73 |
3.20 |
3.80 |
Net realized and unrealized gain (loss) |
50.56 |
(90.69 ) |
30.71 |
78.24 |
54.40 |
Total from investment operations |
53.80 |
(87.11 ) |
40.44 |
81.44 |
58.20 |
Contribution from affiliates (Note 5) |
— |
0.17 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(3.66 ) |
(3.23 ) |
(11.55 ) |
(1.55 ) |
(5.60 ) |
Net realized gains |
(2.34 ) |
(33.13 ) |
(20.56 ) |
(2.63 ) |
(8.80 ) |
Return of Capital |
(0.19 ) |
— |
— |
— |
— |
Total distributions |
(6.19 ) |
(36.36 ) |
(32.11 ) |
(4.18 ) |
(14.40 ) |
Net asset value, end of period |
$263.30 |
$215.69 |
$338.99 |
$330.66 |
$253.40 |
Total return (c) |
24.92 % |
(25.56 )%(d) |
12.22 % |
32.15 % |
27.70 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$9,921 |
$8,058 |
$11,663 |
$7,400 |
$6,312 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.33 % |
0.34 % |
0.35 % |
0.44 % |
0.46 % |
Net expenses (e) |
0.22 % |
0.22 % |
0.24 % |
0.25 % |
0.17 % |
Net investment income (loss) |
1.37 % |
1.31 % |
2.65 % |
1.28 % |
1.58 % |
Portfolio turnover rate (f) |
24 % |
19 % |
28 % |
52 % |
51 % |
(a) |
After the close of trading on April 17, 2020, the State Street Small/Mid Cap Equity Index Fund underwent a 1-for-20 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made a contribution during the year ended December 31, 2022, the total return would have been (25.62)%. |
(e) |
Ratio does not include the expenses of the corresponding Portfolio. |
(f) |
Portfolio turnover rate is from the corresponding Portfolio. |
|
Class K | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$215.72 |
$339.03 |
$330.71 |
$253.40 |
$209.60 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.97 |
4.39 |
12.44 |
7.44 |
5.40 |
Net realized and unrealized gain (loss) |
50.38 |
(91.00 ) |
28.74 |
74.73 |
53.00 |
Total from investment operations |
54.35 |
(86.61 ) |
41.18 |
82.17 |
58.40 |
Contribution from affiliates (Note 5) |
— |
0.17 |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(4.17 ) |
(3.74 ) |
(12.30 ) |
(2.23 ) |
(5.80 ) |
Net realized gains |
(2.34 ) |
(33.13 ) |
(20.56 ) |
(2.63 ) |
(8.80 ) |
Return of Capital |
(0.22 ) |
— |
— |
— |
— |
Total distributions |
(6.73 ) |
(36.87 ) |
(32.86 ) |
(4.86 ) |
(14.60 ) |
Net asset value, end of period |
$263.34 |
$215.72 |
$339.03 |
$330.71 |
$253.40 |
Total return (c) |
25.17 % |
(25.41 )%(d) |
12.45 % |
32.44 % |
27.84 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$489,362 |
$329,843 |
$354,408 |
$216,700 |
$77,885 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses (e) |
0.13 % |
0.14 % |
0.15 % |
0.24 % |
0.34 % |
Net expenses (e) |
0.02 % |
0.02 % |
0.04 % |
0.05 % |
0.05 % |
Net investment income (loss) |
1.68 % |
1.60 % |
3.38 % |
2.91 % |
2.17 % |
Portfolio turnover rate (f) |
24 % |
19 % |
28 % |
52 % |
51 % |
(a) |
After the close of trading on April 17, 2020, the State Street Small/Mid Cap Equity Index Fund underwent a 1-for-20 reverse share split. The per share data presented here have been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) |
If the affiliates had not made a contribution during the year ended December 31, 2022, the total return would have been (25.47)%. |
(e) |
Ratio does not include the expenses of the corresponding Portfolio. |
(f) |
Portfolio turnover rate is from the corresponding Portfolio. |
Online: |
www.ssga.com |
24 hours a day, 7 days a week |
Phone: |
(800) 647-7327 |
Monday – Friday 7:00 am – 5:00 pm EST |
Regular mail |
Overnight/ Registered, Express, Certified Mail |
State Street Funds P.O. Box 219737 Kansas City, MO 64121-9737 |
State Street Funds 430 W 7th Street Suite 219737 Kansas City, MO 64105-1407 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Less Fee Waivers and/or Expense Reimbursements1 |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
Class K |
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
MSCI Emerging Market Index (reflects no deduction for fees, expenses or taxes other than withholding taxes on reinvested dividends) |
% |
% |
% |
|
MSCI ACWI ex USA Index (reflects no deduction for fees, expenses or taxes other than withholding taxes on reinvested dividends) |
% |
% |
% |
|
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses1 |
|
Acquired Fund Fees and Expenses2 |
|
Total Annual Fund Operating Expenses |
|
Less Fee Waivers and/or Expense Reimbursements3 |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
Class K |
|
To establish an account |
None |
To add to an existing account |
None |
Emerging Markets Equity Index Fund |
0.14% |
Balanced Index Fund |
0.05% |
Portfolio Managers |
Portfolios |
Thomas Coleman and Olga Winner |
Emerging Markets Equity Index Fund |
Leo Law and Seamus Quinn |
Balanced Index Fund |
|
Class K |
Availability |
Limited to certain investors, including certain qualified recordkeepers, financial institutions and employer- sponsored retirement plans. |
Minimum Initial Investment |
None. |
Maximum Investment |
None. |
Initial (Front-End) Sales Charge |
None. Entire purchase price is invested in shares of a Fund. |
Deferred (CDSC) Sales Charge |
None. |
Distribution and Service (Rule 12b-1) Fees |
None. |
|
Class K | ||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$58.32 |
$75.97 |
$79.69 |
$68.70 |
$59.80 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
1.81 |
1.97 |
1.65 |
1.28 |
2.00 |
Net realized and unrealized gain (loss) |
3.68 |
(17.35 ) |
(3.89 ) |
11.18 |
8.85 |
Total from investment operations |
5.49 |
(15.38 ) |
(2.24 ) |
12.46 |
10.85 |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.01 ) |
(2.27 ) |
(1.48 ) |
(1.47 ) |
(1.95 ) |
Net asset value, end of period |
$61.80 |
$58.32 |
$75.97 |
$79.69 |
$68.70 |
Total return (c) |
9.47 % |
(20.25 )% |
(2.80 )% |
18.18 % |
18.13 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$590,378 |
$596,513 |
$918,212 |
$879,295 |
$743,712 |
Ratios to Average Net Assets: |
|
|
|
|
|
Total expenses |
0.31 % |
0.33 % |
0.30 % |
0.31 % |
0.33 % |
Net expenses |
0.17 % |
0.17 % |
0.17 % |
0.17 % |
0.17 % |
Net investment income (loss) |
2.97 % |
3.03 % |
2.02 % |
1.94 % |
3.10 % |
Portfolio turnover rate |
6 % |
19 % |
11 % |
13 % |
13 % |
(a) |
On April 17, 2020, the State Street Emerging Markets Equity Index Fund underwent a 1-for-5 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. See Note 11. |
(b) |
Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
|
Class K |
|
For the Period 10/30/23*- 12/31/23 |
Net asset value, beginning of period |
$10.00 |
Income (loss) from investment operations: |
|
Net investment income (loss) (a) |
0.06 |
Net realized and unrealized gain (loss) |
1.30 |
Total from investment operations |
1.36 |
Distributions to shareholders from: |
|
Net investment income |
(0.06 ) |
Net asset value, end of period |
$11.30 |
Total return (b) |
13.59 % |
Ratios and Supplemental Data: |
|
Net assets, end of period (in 000s) |
$22,606 |
Ratios to Average Net Assets: |
|
Total expenses |
1.12 %(c) |
Net expenses |
0.04 %(c) |
Net investment income (loss) |
3.22 %(c) |
Portfolio turnover rate |
2 %(d) |
* |
Commencement of operations. |
(a) |
Net investment income per share is calculated using the average shares method. |
(b) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) |
Annualized. |
(d) |
Not annualized. |
Online: |
www.ssga.com |
24 hours a day, 7 days a week |
Phone: |
(800) 647-7327 |
Monday – Friday 7:00 am – 5:00 pm EST |
Regular mail |
Overnight/ Registered, Express, Certified Mail |
State Street Funds P.O. Box 219737 Kansas City, MO 64121-9737 |
State Street Funds 430 W 7th Street Suite 219737 Kansas City, MO 64105-1407 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses |
|
Acquired Fund Fees and Expenses |
|
Total Annual Fund Operating Expenses |
|
Less Fee Waivers and/or Expense Reimbursements1 |
( |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
|
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
- % |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
To establish an account |
None |
To add to an existing account |
None |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
|
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
S&P 500 Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
To establish an account |
None |
To add to an existing account |
None |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
|
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
MSCI ACWI ex USA Investable Market Index/MSCI ACWI ex USA Index1 (reflects no deduction for fees, expenses or taxes other than withholding taxes on reinvested dividends) |
% |
% |
% |
|
To establish an account |
None |
To add to an existing account |
None |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
|
Management Fee |
|
Distribution and/or Shareholder Service (12b-1) Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
1 year |
3 years |
5 years |
10 years |
$ |
$ |
$ |
$ |
|
One Year |
Five Years |
Since Inception |
Inception Date |
|
|
|
|
|
Return Before Taxes |
% |
% |
% |
|
Return After Taxes on Distributions |
% |
% |
% |
|
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
|
Russell Small Cap Completeness Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
S&P 500 Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
|
To establish an account |
None |
To add to an existing account |
None |
Portfolio Managers |
Portfolios |
Karl Schneider and Amy Scofield |
Equity 500 Index II Portfolio |
Marc DiCosimo, Joanna Madden and Michael Przygoda |
Aggregate Bond Index Portfolio |
Karl Schneider and Olga Winner |
Global All Cap Equity ex-U.S. Index Portfolio |
Karl Schneider and Ted Janowsky |
Small/Mid Cap Equity Index Portfolio |
| |||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$87.55 |
$103.42 |
$107.23 |
$102.60 |
$97.10 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
2.85 |
2.05 |
1.61 |
0.65 |
2.80 |
Net realized and unrealized gain (loss) |
1.97 |
(15.74 ) |
(3.46 ) |
7.25 |
5.70 |
Total from investment operations |
4.82 |
(13.69 ) |
(1.85 ) |
7.90 |
8.50 |
Contribution from affiliate |
— |
— |
— |
0.00 (c) |
— |
Other capital |
0.00 (c) |
— |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(2.83 ) |
(2.18 ) |
(1.96 ) |
(2.67 ) |
(3.00 ) |
Net realized gains |
— |
— |
— |
(0.60 ) |
— |
Total distributions |
(2.83 ) |
(2.18 ) |
(1.96 ) |
(3.27 ) |
(3.00 ) |
Net asset value, end of period |
$89.54 |
$87.55 |
$103.42 |
$107.23 |
$102.60 |
Total return (d) |
5.61 % |
(13.30 )% |
(1.72 )% |
7.86 %(e) |
8.69 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$2,810,209 |
$2,073,291 |
$2,099,436 |
$1,415,008 |
$1,033,578 |
Ratios to average net assets: |
|
|
|
|
|
Total expenses |
0.02 % |
0.02 % |
0.02 % |
0.03 % |
0.04 % |
Net expenses |
0.02 % |
0.02 % |
0.01 % |
0.03 % |
0.03 % |
Net investment income (loss) |
3.25 % |
2.21 % |
1.55 % |
2.20 % |
2.76 % |
Portfolio turnover rate |
14 %(f) |
21 %(f) |
21 %(f) |
37 %(f) |
69 % |
(a) |
After the close of trading on April 17, 2020, the State Street Aggregate Bond Index Portfolio underwent a 1-for-10 reverse sharesplit. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(e) |
If an Affiliate had not made a contribution during the year ended December 31, 2020, the total return would have remained 7.86%. |
(f) |
Portfolio turnover rate excludes to-be-announced (“TBA”) transactions. |
| |||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$348.16 |
$432.09 |
$344.77 |
$302.40 |
$235.40 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
6.81 |
6.02 |
5.30 |
5.44 |
5.60 |
Net realized and unrealized gain (loss) |
84.54 |
(84.50 ) |
92.75 |
49.45 |
68.40 |
Total from investment operations |
91.35 |
(78.48 ) |
98.05 |
54.89 |
74.00 |
Contribution from affiliates (Note 4) |
— |
0.00 (c) |
— |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(6.31 ) |
(3.73 ) |
(5.07 ) |
(5.28 ) |
(5.20 ) |
Net realized gains |
— |
(1.72 ) |
(5.66 ) |
(7.24 ) |
(1.80 ) |
Total distributions |
(6.31 ) |
(5.45 ) |
(10.73 ) |
(12.52 ) |
(7.00 ) |
Net asset value, end of period |
$433.20 |
$348.16 |
$432.09 |
$344.77 |
$302.40 |
Total return (d) |
26.27 % |
(18.18 )% |
28.52 % |
18.30 % |
31.41 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$10,462,465 |
$7,267,890 |
$7,078,644 |
$4,732,247 |
$3,223,997 |
Ratios to average net assets: |
|
|
|
|
|
Total expenses |
0.02 % |
0.02 % |
0.02 % |
0.02 % |
0.03 % |
Net expenses |
0.02 % |
0.02 % |
0.02 % |
0.02 % |
0.02 % |
Net investment income (loss) |
1.74 % |
1.61 % |
1.34 % |
1.79 % |
2.01 % |
Portfolio turnover rate |
4 % |
2 % |
6 % |
6 % |
21 % |
(a) |
On April 17, 2020, the State Street Equity 500 Index II Portfolio underwent a 1-for-20 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
| |||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$100.36 |
$122.91 |
$116.43 |
$106.60 |
$90.20 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.27 |
3.16 |
3.09 |
2.28 |
3.20 |
Net realized and unrealized gain (loss) |
12.40 |
(23.35 ) |
6.56 |
9.49 |
16.40 |
Total from investment operations |
15.67 |
(20.19 ) |
9.65 |
11.77 |
19.60 |
Other capital |
0.00 (c) |
(0.00 )(c) |
— |
(0.00 )(c) |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(3.34 ) |
(2.36 ) |
(3.17 ) |
(1.94 ) |
(3.20 ) |
Net asset value, end of period |
$112.69 |
$100.36 |
$122.91 |
$116.43 |
$106.60 |
Total return (d) |
15.68 % |
(16.43 )% |
8.37 % |
11.07 % |
21.70 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$6,615,357 |
$4,827,067 |
$4,772,699 |
$3,270,962 |
$2,097,299 |
Ratios to average net assets: |
|
|
|
|
|
Total expenses |
0.05 % |
0.05 % |
0.05 % |
0.05 % |
0.06 % |
Net expenses |
0.05 % |
0.05 % |
0.05 % |
0.05 % |
0.06 % |
Net investment income (loss) |
3.04 % |
3.01 % |
2.48 % |
2.29 % |
3.19 % |
Portfolio turnover rate |
1 % |
2 % |
2 % |
2 % |
28 % |
(a) |
After the close of trading on April 17, 2020, the State Street Global All Cap Equity Index Portfolio underwent a 1-for-10 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
| |||||
|
Year Ended 12/31/23 |
Year Ended 12/31/22 |
Year Ended 12/31/21 |
Year Ended 12/31/20(a) |
Year Ended 12/31/19(a) |
Net asset value, beginning of period |
$230.49 |
$316.31 |
$327.73 |
$254.60 |
$206.20 |
Income (loss) from investment operations: |
|
|
|
|
|
Net investment income (loss) (b) |
3.77 |
3.73 |
3.50 |
3.01 |
3.60 |
Net realized and unrealized gain (loss) |
54.23 |
(84.22 ) |
36.64 |
79.67 |
54.20 |
Total from investment operations |
58.00 |
(80.49 ) |
40.14 |
82.68 |
57.80 |
Other capital |
0.00 (c) |
— |
0.00 (c) |
— |
— |
Distributions to shareholders from: |
|
|
|
|
|
Net investment income |
(3.68 ) |
(3.23 ) |
(3.47 ) |
(2.90 ) |
(3.40 ) |
Net realized gains |
(0.74 ) |
(2.10 ) |
(48.09 ) |
(6.65 ) |
(6.00 ) |
Total distributions |
(4.42 ) |
(5.33 ) |
(51.56 ) |
(9.55 ) |
(9.40 ) |
Net asset value, end of period |
$284.07 |
$230.49 |
$316.31 |
$327.73 |
$254.60 |
Total return (d) |
25.18 % |
(25.44 )% |
12.50 % |
32.46 % |
27.98 % |
Ratios and Supplemental Data: |
|
|
|
|
|
Net assets, end of period (in 000s) |
$2,253,655 |
$1,629,196 |
$1,616,128 |
$1,065,859 |
$749,202 |
Ratios to average net assets: |
|
|
|
|
|
Total expenses |
0.03 % |
0.03 % |
0.02 % |
0.03 % |
0.05 % |
Net expenses |
0.03 % |
0.03 % |
0.02 % |
0.03 % |
0.03 % |
Net investment income (loss) |
1.49 % |
1.46 % |
0.96 % |
1.19 % |
1.48 % |
Portfolio turnover rate |
24 % |
19 % |
28 % |
52 % |
51 % |
(a) |
After the close of trading on April 17, 2020, the State Street Small/Mid Cap Equity Index Portfolio underwent a 1-for-20 reverse share split. The historical per share activity presented here has been retroactively adjusted to reflect this split. |
(b) |
Net investment income per share is calculated using the average shares method. |
(c) |
Amount is less than $0.005 per share. |
(d) |
Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |