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State Street Disciplined U.S. Equity Fund - Class I

Fund Objective

The State Street Disciplined U.S. Equity Fund (the "Disciplined U.S. Equity Fund" or the "Fund") seeks to provide long-term capital growth.

Fund Information

As of   08/20/2018
Ticker Symbol SSJIX
Primary Benchmark Russell 1000 Index
CUSIP 85749Q513
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and/or (ii) to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and distribution, shareholder servicing, and sub-transfer agency fees) exceed 0.65% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to April 30, 2019 except with approval of the Fund's Board of Trustees.

Inception Date 02/18/2016
Investment Manager SSGA Funds Management, Inc.
Management Team Active Quantitative Equities
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annual

Fund Characteristics

As of   07/31/2018
Dividend Yield 2.58%
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings 104
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap $88,302.93 M


As of   08/17/2018
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.


Fund Net Asset Value


Market value of a mutual fund's and ETF's total assets, minus liabilities, divided by the number of shares outstanding

As of   08/17/2018
NAV $13.41
Percent Change 0.60%
Price Change $0.08
Shares Outstanding 300,000
Total Net Assets $4.02 M

Fund Documents

Fund Performance

NAV Month End
As of  07/31/2018
NAV Quarter End
As of  06/30/2018
1 Month 4.22% 0.72%
QTD 4.22% 0.97%
YTD 3.97% -0.24%
1 Year 12.96% 9.35%
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
15.57% 14.16%

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. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Purchase Information

Minimum Investments
Initial $1,000,000.00
Initial AIP $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.
Boston, MA 02110
ABA# 0110-0002-8
Attn: State Street Disciplined U.S. Equity Fund - Class I
Account Number and Registration
Dollar Amount Per Account (if one wire is to cover more than one purchase)

Correspondence Information
SSGA Funds
1 Iron Street
Boston, MA 02210

Performance Chart

As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Month End
Fund at NAV 07/31/2018 4.22% 4.22% 3.97% 12.96% N/A N/A N/A 15.57%
Russell 1000 Index 07/31/2018 3.45% 3.45% 6.40% 16.19% N/A N/A N/A 19.62%
Quarter End
Fund at NAV 06/30/2018 0.72% 0.97% -0.24% 9.35% N/A N/A N/A 14.16%
Russell 1000 Index 06/30/2018 0.65% 3.57% 2.85% 14.54% N/A N/A N/A 18.67%

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. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Gross Expense Ratio: 4.96%

Net Expense Ratio: 0.85%

Performance Graphs

Quarter End as of 06/30/2018

Fund Inception Date: 02/18/2016

Index Inception Date: 12/31/1978

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Fund Top Holdings

Subject to change.

Subject to change.

As of   07/31/2018
Name Weight
Baxter International Inc. 1.88 %
HCA Healthcare Inc 1.56 %
JPMorgan Chase & Co. 1.56 %
Waste Management Inc. 1.56 %
Cisco Systems Inc. 1.54 %
UnitedHealth Group Incorporated 1.54 %
Apple Inc. 1.52 %
Johnson & Johnson 1.47 %
Texas Instruments Incorporated 1.46 %
Motorola Solutions Inc. 1.45 %
Download All Holdings XLS

Fund Sector Allocation

As of  07/31/2018
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Unless otherwise noted all information contained herein is that of the State Street Disciplined U.S. Equity Fund - Class I.

Active Quantitative Equities

Senior Portfolio Manager Anna Mitelman Lester Vice President Show Bio
Anna is a Vice President of State Street Global Advisors and a Senior Portfolio Manager for the U.S. Active Quantitative Equity Team. She has substantial experience developing quantitative strategies and managing investment portfolios using quantitative disciplines. Anna is responsible for portfolio management and research for the US active small cap investment strategies. Prior to joining SSGA, Anna was an analyst and portfolio manager at Putnam Investments and its subsidiary PanAgora Asset Management. Anna holds a BA in Computer Science and Mathematics from Wellesley College and an MBA from the MIT Sloan School of Management. She is a member of the Boston Security Analysts Society and CFA Institute.
Senior Portfolio Manager Chee Ooi Managing Director Show Bio

Chee is a Managing Director of State Street Global Advisors and a Senior Portfolio Manager for the Active Quantitative Equity team. In this role, he is the lead portfolio manager for the Global Defensive Equity and State Street Disciplined International Equity strategies. His core responsibility also includes contributing to the team's research, strategy and business development effort.

Chee has over twenty years of experience in quantitative equity research and investment management. Prior to joining SSGA, he was a Director and Senior Quantitative Analyst at Citi's Global Quantitative Research group in New York. His work at Citi was focused on the development of quantitative stock selection models and providing investment, risk management and portfolio construction solutions for the firm's institutional clients. In that capacity, he was also responsible for the management of a suite of proprietary market neutral strategies. Chee started his career in finance at Salomon Brothers as an equity derivatives research analyst.

Chee holds a BS in Electrical Engineering and Computer Science, with a minor in Economics from the Massachusetts Institute of Technology. He has published papers in the Journal of Portfolio Management on his pioneering work on classification and regression tree model in stock selection and has presented at industry conferences. In 2016, SSGA Global Defensive Equity strategy a strategy that Chee launched in 2009 and has served as the lead portfolio manager since inception, was voted by the Institutional Investor magazine as the Global Core Equity strategy of the year.

Russell 1000 Index

The Russell 1000® Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1,000 of the largest securities based on a combination of their market cap and current index membership. The Russell 1000 Index represents approximately 90% of the U.S. market.

Important Risk Information

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Quantitative investing assumes that future performance of a security relative to other securities may be predicted based on historical economic and financial factors, however, any errors in a model used might not be detected until the fund has sustained a loss or reduced performance related to such errors.

Low volatility funds can exhibit relative low volatility and excess returns compared to the Index over the long term; both portfolio investments and returns may differ from those of the Index. The fund may not experience lower volatility or provide returns in excess of the Index and may provide lower returns in periods of a rapidly rising market. Active stock selection may lead to added risk in exchange for the potential outperformance relative to the Index.