SSgA Bond Market Fund (SSBMX)

FUND OVERVIEW

FUND OBJECTIVE

The Fund seeks to maximize total return by investing in fixed income securities, including but not limited to those represented by the Barclays U.S. Aggregate Bond Index.   

Fund Information
As of  05/21/2013
Ticker SymbolSSBMX
Primary BenchmarkBarclays Aggregate Bond Index
CUSIP784924854
Gross Expense Ratio1.28%
Net Expense Ratio0.51%
Inception Date02/07/1996
Investment ManagerSSgA Funds Management, Inc.
Management TeamBond Market Fund Team
DistributorState Street Global Markets, LLC
Distribution FrequencyMonthly
Fund Characteristics
As of  03/31/2013
Effective Average Maturity7.39 years
Number of Holdings219
Portfolio Duration5.45 years
Fund Performance
Month End
as of04/30/2013 		Quarter End
as of03/31/2013
1 Month 1.41% 0.08%
QTD 1.41% -0.05%
YTD 1.36% -0.05%
1 Year 6.87% 6.45%
3 Year 6.48% 6.39%
5 Year 6.18% 5.60%
10 Year 3.31% 3.24%
Inception02/07/1996 4.71% 4.65%

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  05/20/2013
1 Day Average Yield (subsidized)0.00%
30 Day Average Yield1.72%
30 Day Average Yield (subsidized)2.25%
Percent Change0.00%
Price$9.39
Price Change$0.00
Shares Outstanding3.41 M
Total Net Assets$31.96 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 Bond Market 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
02/07/1996
Month End Fund 04/30/13 1.41% 1.41% 1.36% 6.87% 6.48% 6.18% 3.31% 4.71%
Index 04/30/13 1.01% 1.01% 0.89% 3.68% 5.51% 5.72% 5.04% 5.97%
Quarter End Fund 03/31/13 0.08% -0.05% -0.05% 6.45% 6.39% 5.60% 3.24% 4.65%
Index 03/31/13 0.08% -0.12% -0.12% 3.77% 5.52% 5.47% 5.02% 5.94%

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:1.28%
Net Expense Ratio:0.51%

Performance Graphs

Month End as of04/30/2013
Fund Inception Date:02/07/1996
Index Inception Date:02/01/1996

<performance fundName="SSgA Bond Market Fund" bmarkName="Barclays Aggregate Bond Index"><funds><field>1 Month</field><fund>1.41</fund><index>1.01</index><secondIndex></secondIndex></funds><funds><field>QTD</field><fund>1.41</fund><index>1.01</index><secondIndex></secondIndex></funds><funds><field>YTD</field><fund>1.36</fund><index>0.89</index><secondIndex></secondIndex></funds><funds><field>1 YR</field><fund>6.87</fund><index>3.68</index><secondIndex></secondIndex></funds><funds><field>3 YR</field><fund>6.48</fund><index>5.51</index><secondIndex></secondIndex></funds><funds><field>5 YR</field><fund>6.18</fund><index>5.72</index><secondIndex></secondIndex></funds><funds><field>10 YR</field><fund>3.31</fund><index>5.04</index><secondIndex></secondIndex></funds><funds><field>Inception</field><fund>4.71</fund><index>5.97</index><secondIndex></secondIndex></funds></performance>

Quarter End as of03/31/2013
Fund Inception Date:02/07/1996
Index Inception Date:02/01/1996

<performance fundName="SSgA Bond Market Fund" bmarkName="Barclays Aggregate Bond Index"><funds><field>1 Month</field><fund>0.08</fund><index>0.08</index><secondIndex></secondIndex></funds><funds><field>QTD</field><fund>-0.05</fund><index>-0.12</index><secondIndex></secondIndex></funds><funds><field>YTD</field><fund>-0.05</fund><index>-0.12</index><secondIndex></secondIndex></funds><funds><field>1 YR</field><fund>6.45</fund><index>3.77</index><secondIndex></secondIndex></funds><funds><field>3 YR</field><fund>6.39</fund><index>5.52</index><secondIndex></secondIndex></funds><funds><field>5 YR</field><fund>5.60</fund><index>5.47</index><secondIndex></secondIndex></funds><funds><field>10 YR</field><fund>3.24</fund><index>5.02</index><secondIndex></secondIndex></funds><funds><field>Inception</field><fund>4.65</fund><index>5.94</index><secondIndex></secondIndex></funds></performance>

HOLDINGS

Fund Top Holdings
As of03/31/2013
Name Weight
FEDERAL NATIONAL MORTGAGE ASSN 3.00 10/28/2042 3.40%
FEDERAL NATIONAL MORTGAGE ASSN 2.50 11/28/2027 2.70%
UNITED STATES TREASURY NOTE/BO 5.25 11/15/2028 2.17%
FEDERAL HOME LOAN MTG CORP 5.00 12/1/2035 2.07%
UNITED STATES TREASURY NOTE/BO 0.88 1/31/2018 2.01%
GOVERNMENT NATIONAL MORTGAGE A 3.00 10/28/2042 1.92%
FEDERAL NATIONAL MORTGAGE ASSN 4.50 1/1/2040 1.61%
FEDERAL NATIONAL MORTGAGE ASSN 2.49 1/1/2036 1.54%
UNITED STATES TREASURY NOTE/BO 1.00 8/31/2019 1.49%
FEDERAL HOME LOAN MTG CORP 5.50 6/1/2038 1.42%

Fund Sector Allocation

As of03/31/2013

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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 Bond Market Fund.

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

Barclays Aggregate Bond Index: An index, with income reinvested, representative of securities from Barclays Government/Corporate Bond, Mortgage-Backed Securities, and the Asset-Backed Securities Indexes. The index is unmanaged and can not be invested in directly.

The Barclays Index names are trademarks of Barclays Inc.

A one-time voluntary payment was made by SSgA Funds Management, Inc. on December 27, 2012 to the SSgA Bond Market 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.