SSgA International Stock Selection Fund (SSAIX)

FUND OVERVIEW

FUND OBJECTIVE

The Fund seeks to provide long-term capital growth by investing primarily in securities of foreign issuers.

Fund Information
As of  06/19/2013
Ticker SymbolSSAIX
Primary BenchmarkMSCI EAFE Net Dividend Index
CUSIP784924870
Gross Expense Ratio1.21%
Net Expense Ratio1.00%
Inception Date03/07/1995
Investment ManagerSSgA Funds Management, Inc.
Management TeamInternational Alpha Portfolio Management Team
DistributorState Street Global Markets, LLC
Distribution FrequencyAnnually
Fund Characteristics
As of  05/31/2013
Dividend Yield3.26%
Earnings Growth 5 Year-0.75%
FY 1 P/E Ratio11.67
Number of Holdings149
Price/Book Ratio1.28
Price/Cash Flow5.99
Weighted Average Market Cap$46,664.40 M
30 DAY SEC YIELD
As of  06/18/2013
30 Day SEC Yield1.90%
Fund Performance
Month End
as of05/31/2013
Quarter End
as of03/31/2013
1 Month -2.29% -0.53%
QTD 3.48% 2.49%
YTD 6.06% 2.49%
1 Year 28.87% 7.52%
3 Year 8.71% 2.43%
5 Year -3.73% -3.04%
10 Year 7.76% 9.06%
Inception03/07/1995 4.12% 3.96%

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  06/18/2013
1 Day Average Yield (subsidized)0.00%
Percent Change0.10%
Price$9.95
Price Change$0.01
Shares Outstanding39.13 M
Total Net Assets$389.39 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 International Stock Selection 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

PERFORMANCE

PERFORMANCE CHART
Annualized
AS OF 1 Month QTD YTD 1 YR 3 YR 5 YR 10 YR Since
Inception
03/07/1995
Month End Fund 05/31/13 -2.29% 3.48% 6.06% 28.87% 8.71% -3.73% 7.76% 4.12%
Index 05/31/13 -2.41% 2.67% 7.94% 31.62% 11.00% -1.60% 8.32% 5.31%
Quarter End Fund 03/31/13 -0.53% 2.49% 2.49% 7.52% 2.43% -3.04% 9.06% 3.96%
Index 03/31/13 0.82% 5.13% 5.13% 11.25% 5.00% -0.89% 9.69% 5.21%

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:1.21%
Net Expense Ratio:1.00%

Performance Graphs

Month End as of05/31/2013
Fund Inception Date:03/07/1995
Index Inception Date:03/01/1995

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Quarter End as of03/31/2013
Fund Inception Date:03/07/1995
Index Inception Date:03/01/1995

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HOLDINGS

Fund Top Holdings
As of05/31/2013
Name Weight
Roche Hldgs Ag 2.69%
Basf Se 2.27%
Royal Dutch Shell 1.95%
Axa 1.91%
Barclays 1.83%
Mitsubishi Ufj Fin 1.82%
Deutsche Bank Ag 1.70%
Tate & Lyle 1.68%
Sumitomo Mitsui Fg 1.67%
Astrazeneca 1.64%

Fund Sector Allocation

As of05/31/2013

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Fund Country Weights
As of  05/31/2013
Japan23.83%
United Kingdom18.78%
Germany10.04%
France9.49%
Australia7.74%
Switzerland6.51%
Spain3.22%
Denmark2.95%
Sweden2.86%
Netherlands2.45%
Hong Kong2.34%
Norway2.19%
Finland2.14%
Belgium1.69%
Austria1.34%
Italy1.24%
Singapore1.20%


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 SSgA International Stock Selection Fund.

 *Diversification does not ensure against loss.


The financial products described herein are indexed to an MSCI  index.  The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based.

The MSCI EAFE® Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure developed market equity performance, excluding the US & Canada. As of December 2003 the MSCI EAFE Index consisted of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The Index is unmanaged and can not be invested in directly.