State Street Income V.I.S. Fund Class 1 (SSIMX)

11.77
Net Asset Value
+0.09%
1 Day
+6.32%
Year-to-Date
Overall Morningstar Rating
Intermediate core-plus bond
Style or Category
No Load
Sales Expenses
1.01%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks maximum income consistent with prudent investment management and the preservation of capital. The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in debt securities. It invests primarily in a variety of investment-grade debt securities, such as mortgage-backed securities, corporate bonds, U.S. government securities and money market instruments. The fund normally has a weighted average effective maturity of approximately five to ten years, but is subject to no limitation with respect to the maturities of the instruments in which it may invest.

Performance

1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+4.77%
Data through --

Peer Comparisonvs. Intermediate core-plus bond

 SSIMXCategory
Performance 5-yr return--+2.87%
Expense ratio1.01%0.74%
Risk 5 year sharpe ratio0.510.70
Net assets$17.8M$1.2B
Average market cap----
Average P/E----
Portfolio turnover182%182%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyState Street Global Advisors
Fund manager & tenureMatthew Nest / 1 Years
Minimal initial investment--
Minimum IRA investment--

Holdings

Fixed income83.91%
Cash15.74%
Other0.34%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 12.11%
-- 5.76%
-- 4.87%
-- 3.85%
-- 3.56%
-- 3.41%
-- 3.41%
-- 3.31%
-- 3.31%
-- 3.04%