
The Fund seeks a high level of current income while preserving principal by investing primarily in a diversified portfolio of debt securities with a dollar-weighted average maturity between three and ten years.
| As of 05/24/2013 | ||
| Ticker Symbol | SSINX | |
|---|---|---|
| Primary Benchmark | Barclays U.S. Intermediate Gov/Credit Bond Index | |
| CUSIP | 784924813 | |
| Gross Expense Ratio | 1.12% | |
| Net Expense Ratio | 0.60% | |
| Inception Date | 09/01/1993 | |
| Investment Manager | SSgA Funds Management, Inc. | |
| Management Team | Intermediate Fund Team | |
| Distributor | State Street Global Markets, LLC | |
| Distribution Frequency | Monthly | |
| As of 03/31/2013 | ||
| Effective Average Maturity | 4.60 years | |
|---|---|---|
| Number of Holdings | 145 | |
| Portfolio Duration | 4.17 years | |
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.
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 Intermediate 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
| Annualized | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| AS OF | 1 Month | QTD | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Since Inception 09/01/1993 |
||
| Month End | Fund | 04/30/13 | 0.78% | 0.78% | 1.05% | 5.45% | 5.02% | 5.04% | 2.79% | 4.35% |
| Index | 04/30/13 | 0.63% | 0.63% | 0.89% | 3.23% | 4.66% | 4.90% | 4.48% | 5.57% | |
| Quarter End | Fund | 03/31/13 | 0.23% | 0.27% | 0.27% | 5.35% | 5.04% | 4.55% | 2.78% | 4.33% |
| Index | 03/31/13 | 0.14% | 0.26% | 0.26% | 3.53% | 4.75% | 4.61% | 4.49% | 5.56% | |
| Annualized | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| As of 09/30/2007 | AS OF | QTD | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Since Inception 09/01/1993 |
|
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.
Gross Expense Ratio:
1.12%
Net Expense Ratio:
0.60%
| As of03/31/2013 | |||
| Name | Weight | ||
| US/T | 34.64% | ||
| FNMA | 8.90% | ||
| FHLMC | 4.44% | ||
| INTNED | 1.74% | ||
| BAC | 1.39% | ||
| JPM | 1.36% | ||
| MS | 1.19% | ||
| EIB | 1.18% | ||
| GS | 1.18% | ||
| COV | 0.83% | ||
As of03/31/2013
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.
Unless otherwise noted all information contained herein is that of the Intermediate Fund.
Barclays U.S. Intermediate Government/Credit Bond Index: An index composed of all bonds covered by the Barclays Government/Credit Bond Index with maturities between one and 9.99 years. The index is unmanaged and can not be invested in directly.
A one-time voluntary payment was made by SSgA Funds Management, Inc. on December 27, 2012 to the SSgA Intermediate Fund. As a result of the payment, the performance of the Funds for periods as of and after December 27, 2012, is expected to be impacted by the increase in the Fund’s NAV. If the voluntary payment had not been made, the total return for the period(s) indicated would have been lower.
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©2013 State Street Corporation. All Rights Reserved.
Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-800-997-7327, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.
Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SSgA Funds.
© 2013 State Street Corporation. All Rights Reserved.
Bond funds contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; and inflation risk. Investments in mortgage securities are subject to prepayment risk, which can limit the potential for gain during a declining interest rate environment and increase the potential for loss in a rising interest rate environment. Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.
| NAME | TITLE | RESPONSIBLITY | HIRE DATE | INDUSTRY START | SCHOOL | DEGREE* | |
|---|---|---|---|---|---|---|---|
| Matt Pappas | Vice President | Portfolio Manager | 1999 | 1996 | Bryant College | Master of Business Administration |
|
Matthew is a Vice President of State Street Global Advisors where he is a Senior Portfolio Manager in the Alpha Strategies, North America Fixed Income Group. Matt manages various investment grade multi sector strategies, many designed to meet client specific objectives. | |||||||
* Most recent degree only