SSgA High Yield Bond Fund (SSHYX)
FUND OVERVIEW
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.
| As of 05/25/2013 | ||
| Ticker Symbol | SSHYX | |
|---|---|---|
| Primary Benchmark | Barclays U.S. High-Yield 2% Issuer Capped Bond Index | |
| CUSIP | 784924664 | |
| Gross Expense Ratio | 0.90% | |
| Net Expense Ratio |  | 0.77% |
| Inception Date | 05/04/1998 | |
| Investment Manager | SSgA Funds Management, Inc. | |
| Management Team | High Yield Management Team | |
| Distributor | State Street Global Markets, LLC | |
| Distribution Frequency | Monthly | |
| As of 03/31/2013 | ||
| Effective Average Maturity | 5.27 years | |
|---|---|---|
| Number of Holdings | 243 | |
| Portfolio Duration |  | 4.66 years |
|
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.
| As of 05/23/2013 | ||
| 1 Day Average Yield (subsidized) | 0.00% | |
|---|---|---|
| 30 Day Average Yield | 4.15% | |
| 30 Day Average Yield (subsidized) | 4.26% | |
| Percent Change | -0.34% | |
| Price | $8.81 | |
| Price Change | -$0.03 | |
| Shares Outstanding | 15.32 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
PERFORMANCE
| Annualized | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| AS OF | 1 Month | QTD | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Since Inception 05/04/1998 |
||
| Month End | Fund | 04/30/13 | 2.17% | 2.17% | 5.00% | 13.64% | 10.42% | 10.54% | 8.51% | 7.24% |
| Index | 04/30/13 | 1.81% | 1.81% | 4.75% | 13.95% | 10.99% | 11.25% | 9.68% | 7.25% | |
| Quarter End | Fund | 03/31/13 | 1.02% | 2.77% | 2.77% | 12.37% | 10.58% | 10.85% | 8.69% | 7.13% |
| Index | 03/31/13 | 1.02% | 2.89% | 2.89% | 13.08% | 11.20% | 11.75% | 10.11% | 7.17% | |
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:
0.90%
Net Expense Ratio:0.77%
Performance Graphs
Fund Inception Date:05/04/1998
Index Inception Date:01/01/1993
Fund Inception Date:05/04/1998
Index Inception Date:01/01/1993
HOLDINGS
| As of03/31/2013 | |||
| Name | Weight | ||
| HCA INC 4.75 5/1/2023 | 1.57% | ||
| ARCELORMITTAL 10.35 6/1/2019 | 1.35% | ||
| SPRINT NEXTEL CORP 7.00 3/1/2020 | 1.13% | ||
| SPRINT NEXTEL CORP 6.00 11/15/2022 | 1.01% | ||
| RITE AID CORP 9.50 6/15/2017 | 0.89% | ||
| BEAZER HOMES USA INC 6.63 4/15/2018 | 0.86% | ||
| SMITHFIELD FOODS INC 6.63 8/15/2022 | 0.85% | ||
| EPE HOLDINGS LLC / EP ENERGY B 8.13 12/15/2017 | 0.83% | ||
| CIT GROUP INC 4.25 8/15/2017 | 0.81% | ||
| REYNOLDS GROUP ISSUER INC / RE 9.88 8/15/2019 | 0.79% | ||
Fund Sector Allocation
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 High Yield Bond Fund.
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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.
