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SSgA Tax Free Money Market Fund (STAXX)
Fund Objective  
The Fund seeks to maximize current income, exempt from federal income taxes, to the extent consistent with the preservation of capital and liquidity, and the maintenance of a stable $1.00 per share net asset value.       
  Net Asset Value
  As of 07/03/2008
  Price $1.00  
  Daily Factor 0.000037843  
  1 Day Average Yield 1.38%  
  7 Day Average Yield 1 1.46%  
  Total Net Assets $359,021,906.96  
  Performance  
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Month End Performance
Total Return * Fund Index
  As of 05/31/2008 As of 05/31/2008
3 Months 0.53%   0.47%  
YTD 0.95%   0.82%  
Annualized    
1 Year 2.79%   2.65%  
3 Year 2.74%   2.69%  
5 Year 1.96%   1.93%  
10 Year 2.15%   2.10%  
Quarter End Performance
Total Return Fund Index
  As of 03/31/2008 As of 03/31/2008
3 Months 0.65%   0.54%  
YTD 0.65%   0.54%  
Annualized    
1 Year 3.04%   2.92%  
3 Year 2.76%   2.71%  
5 Year 1.92%   1.89%  
10 Year 2.17%   2.13%  
Fund Inception Date: 12/01/1994
Top Holdings  
As of 05/31/2008
Security Name Fund
Weight
Maryland St Health & Higher Edl Facs Auth Rev 4.73%
Calif Hsg Fin Agy Multifamily Hsg Rev 4.35%
Georgia Loc Govt Ctfs Partn 4.23%
Texas St Pub Fin Auth Rev 3.23%
New York Convention Ctr Dev Corp 3.15%
Munitops II Tr Ctfts 2.96%
Virginia college Bldg Auth VA Edl Facs 2.89%
Massachusetts St Dev Fin Agy Rev 2.84%
North Charleston S C Tax Increment Rev 2.83%
Austin Tr 2.17%
View/Download All Holdings
  Fund Composition - Maturity Ladder
  As of 05/31/2008
  Top Sectors
  As of 05/31/2008
        View/Download All Holdings  
  Fund Characteristics
  As of 05/31/2008
  Average Credit Quality A1+P1  
  Average Maturity 15.00 Days  
  Number of Holdings 97  
  Fund Information
  As of 07/03/2008
  Ticker Symbol STAXX  
  CUSIP 784924730  
  Marginable Not Applicable  
  Short Selling Allowed Not Applicable  
  Gross Expense Ratio 0.53%  
  Inception Date 12/01/1994  
  Primary Benchmark iMoneyNet Tax Free Average  
  Investment Manager SSgA Funds Management, Inc.  
  Management Team Tax Free Money Market Team  
  Distributor State Street Global Markets, LLC  
  Distribution Frequency Monthly  
  Fund Documents
  Quarterly Fund Fact Sheet (.pdf)
  Fund Prospectus (.pdf)
  Statement of Additional Information (.pdf)
  Fund Semi-Annual Report (.pdf)
  Fund Annual Report (.pdf)
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17 Day Yield is as of the 7-day period ending the last business day of the month indicated. The yield quotation stated above more closely reflects the current earnings of the Fund than the total return quotation.

 Average annual total return and total return are historical and include change in share value and reinvestment of dividends and capital gains , if any.

Shares of the SSgA® funds are not insured by the FDIC or by another governmental agency: they are not obligations of the FDIC nor are they deposits or obligations of or guaranteed by State Street Bank and Trust Company. The SSgA funds pay State Street Bank and Trust Company for its services as custodian, transfer agent and shareholder servicing agent and pays SSgA Funds Management, Inc., an affiliate of State Street Bank and Trust Company, for investment advisory services.

Income received from the Tax Free Money Market Fund may be subject to alternative minimum tax or state and local taxes.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or another governmental agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.

iMoneyNet All Tax Free Average: The average includes all tax free and municipal retail and institutional money market funds. This consists of funds in the National Tax Free Retail, National Tax Free Institutional, State-Specific Retail and State-Specific Institutional categories.