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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$48.2 M

-

1.03%

Vitals

YTD Return

N/A

1 yr return

2.6%

3 Yr Avg Return

3.6%

5 Yr Avg Return

3.8%

Net Assets

$48.2 M

Holdings in Top 10

21.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 56.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$48.2 M

-

1.03%

SSHYX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SSGA High Yield Bond Fund
  • Fund Family Name
    State Street Global Advisors
  • Inception Date
    May 04, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Ingle

Fund Description


SSHYX - Performance

Return Ranking - Trailing

Period SSHYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -9.3% 23.9% N/A
1 Yr 2.6% -9.4% 5.6% N/A
3 Yr 3.6%* -6.5% 8.5% N/A
5 Yr 3.8%* -8.6% 2.2% N/A
10 Yr 7.3%* -13.4% 4.4% N/A

* Annualized

Return Ranking - Calendar

Period SSHYX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -23.1% -0.4% N/A
2022 N/A -9.5% 28.5% N/A
2021 N/A -14.4% 28.6% N/A
2020 N/A -34.3% 1.0% N/A
2019 N/A -23.1% 27.7% N/A

Total Return Ranking - Trailing

Period SSHYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -9.3% 23.9% N/A
1 Yr 2.6% -9.4% 6.8% N/A
3 Yr 3.6%* -6.5% 11.2% N/A
5 Yr 3.8%* -7.8% 6.2% N/A
10 Yr 7.3%* -13.4% 8.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SSHYX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -23.1% 1.3% N/A
2022 N/A -4.9% 36.8% N/A
2021 N/A -14.4% 39.0% N/A
2020 N/A -28.3% 4.3% N/A
2019 N/A -21.8% 27.7% N/A

SSHYX - Holdings

Concentration Analysis

SSHYX Category Low Category High SSHYX % Rank
Net Assets 48.2 M 1.02 M 25 B N/A
Number of Holdings 295 6 1547 N/A
Net Assets in Top 10 8.12 M -1.5 M 3.71 B N/A
Weighting of Top 10 21.56% 5.1% 99.6% N/A

Top 10 Holdings

  1. Ssi Us Gov Money Market Class State Street Inst Us Gov 6.57%
  2. OTC312219 CDS USD R F 5.00000 FIX CDX 4.39%
  3. OTC312219 CDS USD P V 03MEVENT FLO CDX 4.11%
  4. HCA Healthcare Inc 6.25% SNR PIDI NTS 15/02/2021 USD (SEC REGD) 1.21%
  5. Neptune Finco Corp 10.125% SNR PIDI NTS 15/01/2023 USD (144A) 1.01%
  6. Valeant Pharmaceuticals International, Inc. 6.125% SNR PIDI NTS 15/04/2025 0.90%
  7. Valeant Pharmaceuticals International, Inc. 7% SNR SEC PIDI NTS 15/03/2024 0.87%
  8. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.875% SNR PIDI NTS 01/04/202 0.85%
  9. HCA Inc. 4.75% SNR SEC PIDI NTS 01/05/2023 USD (SEC REGD) 0.84%
  10. Frontier Communications Corporation 10.5% SNR PIDI NTS 15/09/2022 USD (SEC 0.80%

Asset Allocation

Weighting Return Low Return High SSHYX % Rank
Bonds
100.14% -17.48% 100.06% N/A
Convertible Bonds
0.24% 0.00% 11.82% N/A
Stocks
0.00% -0.44% 99.77% N/A
Preferred Stocks
0.00% 0.00% 11.13% N/A
Other
0.00% -1.24% 11.36% N/A
Cash
-0.39% -3.02% 117.48% N/A

Bond Sector Breakdown

Weighting Return Low Return High SSHYX % Rank
Corporate
93.53% 0.00% 100.08% N/A
Derivative
0.28% -17.48% 8.43% N/A
Securitized
0.00% 0.00% 60.24% N/A
Municipal
0.00% 0.00% 100.03% N/A
Government
0.00% -5.69% 65.95% N/A
Cash & Equivalents
-0.39% -1.24% 117.48% N/A

Bond Geographic Breakdown

Weighting Return Low Return High SSHYX % Rank
US
85.84% -17.48% 99.77% N/A
Non US
14.30% 0.00% 53.13% N/A

SSHYX - Expenses

Operational Fees

SSHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.00% 6.42% N/A
Management Fee 0.30% 0.00% 1.00% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.45% N/A

Sales Fees

SSHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SSHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SSHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 56.00% 5.00% 1334.00% N/A

SSHYX - Distributions

Dividend Yield Analysis

SSHYX Category Low Category High SSHYX % Rank
Dividend Yield 0.00% 0.00% 4.50% N/A

Dividend Distribution Analysis

SSHYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SSHYX Category Low Category High SSHYX % Rank
Net Income Ratio 5.14% -1.92% 7.22% N/A

Capital Gain Distribution Analysis

SSHYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

SSHYX - Fund Manager Analysis

Managers

Christopher Ingle


Start Date

Tenure

Tenure Rank

Jun 24, 2014

3.77

3.8%

Christopher Ingle, CFA, is a Vice President of SSGA and SSGA FM and Head of High Yield Credit as well as Co-Portfolio Manager in the U.S. High Yield Team. He is responsible for management of assets in the U.S. High Yield market and leading the High Yield analyst team. Mr. Ingle has over twenty years of investing experience working across various asset classes, including equities, investment grade and high yield bonds. He began his investment career in 1995 as a credit analyst with Fidelity Investments and previously held the analyst role with INVESCO Funds, Morley and Loomis Sayles. Prior to joining SSGA, Mr. Ingle spent four years as a portfolio manager with Wells Fargo Bank. He has a Bachelor of Business Administration in Finance from Texas Christian University and a Master of Business Administration from the University of Texas. He earned the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and CFA Society Boston, Inc.

Charles Moon


Start Date

Tenure

Tenure Rank

Aug 09, 2012

5.64

5.6%

Charles Moon is a Managing Director of SSGA and SSGA FM and Co-Portfolio Manager of the U.S. High Yield portfolios. He is Global Head of Credit Strategies within the Global Fixed Income, Cash and Currency Team. In this capacity he is responsible to both manage and develop investment strategies across credit asset classes. He has over twenty years of industry experience. He began his career in the industry as a credit analyst and credit portfolio manager for Miller Andersen & /Sherred (Morgan Stanley Investment Management). He has held leadership positions including Head of Credit at Oppenheimer Funds and Hartford Investment Management (The Hartford) as well as CIO at Morley Financial. In these capacities he has led teams managing credit assets across ratings spectrum and directed asset allocation strategies across multi-sector fixed income mandates.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 34.87 6.64 0.0