SSgA High Yield Bond Fund (SSHYX)

FUND OBJECTIVE

The Fund's primary investment objective is to maximize total return, by investing primarily in fixed income securities, including but not limited to those represented by the Barclays U.S. Corporate High-Yield Bond Index.

Fund Information
As of  05/24/2013
Ticker SymbolSSHYX
Primary BenchmarkBarclays U.S. High-Yield 2% Issuer Capped Bond Index
CUSIP784924664
Gross Expense Ratio0.90%
Net Expense Ratio0.77%
Inception Date05/04/1998
Investment ManagerSSgA Funds Management, Inc.
Management TeamHigh Yield Management Team
DistributorState Street Global Markets, LLC
Distribution FrequencyMonthly
Fund Characteristics
As of  03/31/2013
Effective Average Maturity5.27 years
Number of Holdings243
Portfolio Duration4.66 years
Fund Performance
Month End
as of04/30/2013 		Quarter End
as of03/31/2013
1 Month 2.17% 1.02%
QTD 2.17% 2.77%
YTD 5.00% 2.77%
1 Year 13.64% 12.37%
3 Year 10.42% 10.58%
5 Year 10.54% 10.85%
10 Year 8.51% 8.69%
Inception05/04/1998 7.24% 7.13%

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. Visit ssgafunds.com  for most recent month-end performance.

Fund Net Asset Value  
As of  05/23/2013
1 Day Average Yield (subsidized)0.00%
30 Day Average Yield4.15%
30 Day Average Yield (subsidized)4.26%
Percent Change-0.34%
Price$8.81
Price Change-$0.03
Shares Outstanding15.32 M
Total Net Assets$134.96 M

PURCHASE INFORMATION

Minimum Investments
Initial $1,000.00
Additional $100.00
Initial IRA $250.00
Additional IRA $100.00
Additional AIP $100.00

Brokerage Availability
SSgA Funds are available through most major broker/dealer and supermarket platforms. If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.

To Purchase by wire
You may make initial or subsequent investments by wiring federal funds to State Street, as Transfer Agent by:

1. Telephoning the Customer Service Department at 1-800-647-7327 between 8:00 a.m. and 4:00 p.m., Eastern Time, and stating: (a) your account registration number, address and social security or tax identification number, (b) the name of the fund in which the investment is to be made and the account number, and (c) the exact amount being wired.

2. Instructing the wiring bank to wire federal funds to:
State Street Bank and Trust Co.
225 Franklin Street, Boston, MA 02110
ABA# 0110-0002-8
DDA#9904-631-0
Attn: SSGA (SSgA High Yield Bond Fund)
Account Number and Registration
Dollar Amount Per Account (if one wire is to cover more than one purchase)

Correspondence Information
SSgA Funds
One Lincoln Street
Boston, MA 02111-2900
1-800-647-7327



The short- term results of a relatively new fund are not necessarily indicative of its long-term prospects.  The use of short selling entails a high degree of risk, may increase potential losses and is not suitable for all investors.


Not FDIC Insured - No Bank Guarantee - May Lose Value

Unless otherwise noted all information contained herein is that of the High Yield Bond Fund.


Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.

The Barclays U.S. High-Yield 2% Issuer Capped Bond Index is an index that includes all fixed income securities having a maximum quality rating of Ba1, a minimum amount outstanding of $150 million, and at least 1 year to maturity. The Index has a maximum exposure of 2% per issuer. The index is unmanaged and can not be invested in directly. The Barclays U.S. High-Yield 2% Issuer Capped Bond Index is maintained by Barclays.

The Barclays Index names are trademarks of Barclays Inc.