SSgA High Yield Bond Fund N Class (SSHYX)

8.26
Net Asset Value
+0.12%
1 Day
+0.61%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.77%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks 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. The fund invests at least 80% of its net assets (plus borrowings, if any) in high yield (non-investment grade) bonds commonly referred to as "junk bonds". It invests primarily in debt securities that have been publicly issued or privately placed, with fixed, zero coupon, payment-in-kind, variable or floating interest rates.

Performance

1 month-0.41% 3 years+9.80%
3 months-0.60% 5 years+10.60%
1 year+8.39% Since inception+7.08%
Data through --

Peer Comparisonvs. High yield bond

 SSHYXCategory
Performance 5-yr return+10.60%+12.57%
Expense ratio0.77%1.13%
Risk 5 year sharpe ratio1.571.66
Net assets$88.7M$1.6B
Average market cap--$12.6B
Average P/E--21.0
Portfolio turnover112%112%

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Fund Management and Purchase Info

Fund familyState Street Global Advisors
Fund manager & tenureCharles Moon / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

Fixed income96.54%
Cash2.89%
International stock0.58%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Media 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- ArcelorMittal19 SrN1.83%
-- Sallie Mae 8%1.61%
-- Chesapeake Engy 5.375%1.22%
-- Sprint 144A 7.25%1.16%
-- Reynolds Grp Issuer 9.875%1.08%
-- U.S. Coatings Acq/Flash Dutc 144A 7.375%0.99%
-- Halcon Res 8.875%0.94%
-- Tenet Healthcare 144A 5%0.89%
-- Cco Hldgs Llc / Cco Hldgs Cap 7.25%0.85%
-- Donnelley Rr & Sons Co Mtn Be 7.875%0.83%

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