Ssga US Core Eq Fund Overview and Investment Information

The SSGA US Core Eq Fund is a popular investment option that's worth considering. It's managed by State Street Global Advisors, a well-established and reputable investment firm.

This fund focuses on large-cap US stocks, which are generally considered to be more stable and less volatile than smaller-cap stocks. The fund's investment objective is to provide long-term growth of capital.

The SSGA US Core Eq Fund is designed to track the performance of the Russell 1000 Index, which includes the 1,000 largest US companies by market capitalization. This means that the fund's holdings are diversified across a wide range of industries and sectors.

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The State Street U.S. Core Equity Fund is designed to provide long-term growth of capital. This is its primary objective.

The fund's goal is to achieve long-term growth of capital, which means it's not focused on short-term gains or quick returns.

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The State Street U.S. Core Equity Fund is designed to provide long-term growth of capital.

This fund's primary goal is to achieve steady returns over an extended period.

The fund's objective is straightforward and focused on capital growth.

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The State Street U.S. Core Equity Fund has a legal name that matches its fund family name, State Street Global Advisors. This consistency is reassuring.

The fund was established on January 1, 1980, making it a mature investment option. This long history can be a positive aspect for investors seeking stability.

The fund's shares are denominated in USD and are domiciled in the United States. This information is crucial for investors who need to consider currency exchange rates and tax implications.

Here are the fund details:

The SSGA US Core Equity Fund has a net expense ratio of 0.02%. This means that for every $100 invested, you'll pay $0.02 in fees.

Operating fees are an essential aspect of managing your investments. The SSAQX fees are 0.14% of the assets under management (AUM).

The expense ratio is a significant component of the SSAQX fees, accounting for 0.14% of the AUM. This is one of the lowest expense ratios in the category, ranking at 91.87%.

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Management fees are another crucial cost, amounting to 0.12% of the AUM. Interestingly, this is one of the lowest management fees in the category, ranking at 13.31%.

Let's break down the SSAQX fees in a table for easy reference:

These fees can add up quickly, so it's essential to understand what you're paying for. The SSAQX fees are relatively low, which is a plus for investors.

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Trading fees can be a significant expense for investors. The SSAQX fund has a max redemption fee of N/A, which is a crucial factor to consider.

Category return low for the SSAQX fund is 0.25%. This is a relatively low fee compared to other funds in the same category.

Category return high for the SSAQX fund is 2.00%. This indicates that the fund's returns can vary significantly depending on market conditions.

The SSAQX fund ranks in the category at N/A, which doesn't provide a clear picture of its performance relative to other funds.

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The SSGA US Core Equity Fund has a strong track record in terms of performance. It has consistently delivered returns that beat its benchmark, the Russell 3000 Index, over the past decade.

With an average annual return of 13.1%, the fund has outperformed the benchmark's return of 12.1% over this period. This is a significant difference, especially considering the fund's relatively low fees.

The fund's ability to deliver strong returns can be attributed to its diversified portfolio, which includes a mix of large-cap and mid-cap stocks. This diversification helps to reduce risk and increase potential returns.

Over the past five years, the fund has had a volatility of 12.5%, which is lower than the benchmark's volatility of 14.1%. This suggests that the fund is a relatively stable investment option.

One notable year for the fund was 2019, when it delivered a return of 31.4% compared to the benchmark's return of 29.1%. This is a significant outperformance, and it highlights the fund's ability to deliver strong returns in a strong market.

The SSGA US Core Eq Fund invests at least 80% of its net assets in equity securities of U.S. companies, such as common and preferred stocks. These companies are considered U.S. companies if they generate at least 50% of their revenues or profits from business activities in the U.S., have at least 50% of their assets situated in the U.S., or have the principal trading market for their securities in the U.S.

The fund's asset allocation is heavily weighted towards stocks, with 98.75% of its portfolio dedicated to this asset class. This is a significant allocation, and it's likely that the fund's performance will be closely tied to the performance of the overall stock market.

Here's a breakdown of the fund's asset allocation:

The asset allocation of the Fund is quite straightforward. It invests a whopping 98.75% of its assets in stocks.

To break it down further, here's a more detailed look at the Fund's asset allocation:

You can see that stocks are the clear winner here, making up nearly 99% of the Fund's assets.

The Investment Team plays a crucial role in the Fund's performance. As of July 1, 2016, SSGA Funds Management, Inc. became the investment adviser to the Fund.

State Street Corporation, the parent company of SSGA Funds Management, Inc., acquired the asset management and advisory services business of GE Asset Management, Incorporated. This acquisition marked a significant change in the Fund's investment management.

As of July 1, 2016, State Street Global Markets, LLC became the distributor for the Fund. This change aimed to provide more efficient distribution services to investors.

State Street Global Markets, LLC was renamed State Street Global Advisors Funds Distributors, LLC on May 1, 2017.

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Concentration Analysis is a crucial aspect of evaluating a portfolio's performance. The data from SSAQX reveals a significant variation in the number of holdings, with a range of 2 to 3963.

The portfolio's net assets are substantial, standing at $5.91 billion. However, this figure is dwarfed by the category high of $1.84 trillion. This highlights the vast difference in scale between SSAQX and the highest-performing portfolios.

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The number of holdings in SSAQX is relatively moderate, with 97 assets in the portfolio. In contrast, the category high boasts an astonishing 3,963 holdings. This indicates that SSAQX has a more concentrated portfolio compared to its peers.

Here's a breakdown of the key statistics:

The concentration of net assets in the top 10 holdings is notable, with $2.35 billion or 40.78% of the portfolio's total. This suggests that SSAQX's performance is heavily reliant on its top assets.

The stock sector breakdown is a crucial aspect of understanding your portfolio's performance. Each sector has a unique weighting, return range, and ranking.

Technology is the largest sector in the portfolio, making up 25.62% of the total. This sector has seen a return range of 0.00% to 48.94%.

Financial Services is another significant sector, accounting for 15.60% of the portfolio. It has a return range of 0.00% to 55.59%.

Communication Services, on the other hand, is the smallest sector in the portfolio, making up only 12.59%. Its return range is relatively modest, from 0.00% to 27.94%.

Healthcare is a standout sector, with a return range of 0.00% to 60.70%. It's also the highest-ranked sector, with a GESSX % Rank of 85.28%.

Consumer Cyclical and Industrials are both significant sectors, with return ranges of 0.00% to 30.33% and 0.00% to 29.90%, respectively. They have GESSX % Ranks of 32.72% and 48.64%, respectively.

The Consumer Defense and Basic Materials sectors have relatively high GESSX % Ranks of 88.80% and 41.52%, respectively. Their return ranges are 0.00% to 47.71% and 0.00% to 25.70%, respectively.

Energy and Utilities are both relatively small sectors, making up only 2.61% and 2.32% of the portfolio, respectively. They have return ranges of 0.00% to 41.64% and 0.00% to 20.91%, respectively.

Here's a breakdown of the sectors and their respective weightings, return ranges, and GESSX % Ranks:

The SSGA US Core Eq Fund has a diverse portfolio of top holdings that make up a significant portion of its assets.

NVIDIA Corp is one of the largest holdings at 7.37%, giving the fund a strong presence in the tech industry.

Microsoft Corp is another major holding at 7.22%, reflecting the fund's commitment to established tech leaders.

Apple Inc rounds out the top three holdings with 6.27%, solidifying the fund's focus on market leaders.

Amazon.com Inc and Alphabet Inc follow closely behind, with holdings of 4.35% and 3.92% respectively, showcasing the fund's investment in e-commerce and tech giants.

The fund's top 10 holdings also include Meta Platforms Inc, Broadcom Inc, JPMorgan Chase Co, Home Depot Inc/The, and UnitedHealth Group Inc, each contributing to the fund's overall diversity and stability.

Here's a breakdown of the top 10 holdings:

The SSGA US Core Eq Fund offers a stable source of income for investors. Its dividend yield is a notable 19.4%, which is a significant advantage for those seeking regular returns.

The fund distributes its dividends annually, providing a predictable income stream. This is a key consideration for investors who rely on their investments for income.

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Here are some key distribution statistics for the fund:

The fund's distribution history reveals a consistent pattern of ordinary dividend payments. For example, the December 26, 2023 distribution was $2.626, while the December 27, 2022 distribution was $5.423.

The SSGA US Core Eq Fund has various charges and expenses that you should be aware of. These fees are a percentage of your investment and can add up over time.

The total expense of the fund is 0.1420%. This includes all the fees associated with running the fund.

Advisor Fee Expense accounts for 0.1201% of the total expense, which is a significant portion of the overall cost.

Custodian Fee Expense is another fee that makes up 0.0102% of the total expense.

Transfer Agency Fee Expense is 0.0065% of the total expense, while Other Fee Expense is 0.0038%.

Here is a summary of the charges and expenses:

It's worth noting that these fees are subject to change and may not be the same in the future.