SSgA High Yield Bond Fund N Class (SSHYX)

7.75
Net Asset Value
+0.26%
1 Day
+0.65%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.83%
Expense Ratio
Above 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 seeks to meet its investment objective by investing 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. The fund may invest in bonds of any credit quality or duration.

Performance

1 month+0.91% 3 years+7.22%
3 months-1.78% 5 years+8.15%
1 year+1.26% Since inception+6.71%
Data through --

Peer Comparisonvs. High yield bond

 SSHYXCategory
Performance 5-yr return+8.15%+7.86%
Expense ratio0.83%1.12%
Risk 5 year sharpe ratio1.161.24
Net assets$81.4M$1.4B
Average market cap--$12.8B
Average P/E--20.2
Portfolio turnover----

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Fund Management and Purchase Info

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

Holdings

Fixed income93.51%
Cash5.63%
International stock0.47%
Other0.38%
U.S. stock0.00%
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
-- Sprint 7.25%1.38%
-- ArcelorMittal19 SrN1.37%
-- Chesapeake Engy 5.375%1.26%
-- Reynolds Grp Issuer 9.875%1.12%
-- Cco Hldgs Llc / Cco Hldgs Cap 7.25%0.88%
-- Donnelley Rr & Sons Co Mtn Be 7.875%0.86%
-- Dish Dbs 5.125%0.85%
-- T Mobile Usa 6.633%0.85%
-- Hca Hldgs 6.25%0.84%
-- Ineos Grp Hldgs 144A 6.125%0.83%

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