SSgA High Yield Bond N
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSSGA High Yield Bond Fund
-
Fund Family NameState Street Global Advisors
-
Inception DateMay 04, 1998
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher 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
- Ssi Us Gov Money Market Class State Street Inst Us Gov 6.57%
- OTC312219 CDS USD R F 5.00000 FIX CDX 4.39%
- OTC312219 CDS USD P V 03MEVENT FLO CDX 4.11%
- HCA Healthcare Inc 6.25% SNR PIDI NTS 15/02/2021 USD (SEC REGD) 1.21%
- Neptune Finco Corp 10.125% SNR PIDI NTS 15/01/2023 USD (144A) 1.01%
- Valeant Pharmaceuticals International, Inc. 6.125% SNR PIDI NTS 15/04/2025 0.90%
- Valeant Pharmaceuticals International, Inc. 7% SNR SEC PIDI NTS 15/03/2024 0.87%
- CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.875% SNR PIDI NTS 01/04/202 0.85%
- HCA Inc. 4.75% SNR SEC PIDI NTS 01/05/2023 USD (SEC REGD) 0.84%
- 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
Date | Amount | Type |
---|---|---|
Apr 03, 2018 | $0.033 | |
Mar 02, 2018 | $0.033 | |
Feb 02, 2018 | $0.033 | |
Dec 26, 2017 | $0.038 | |
Dec 07, 2017 | $0.033 | |
Nov 07, 2017 | $0.032 | |
Oct 06, 2017 | $0.033 | |
Sep 08, 2017 | $0.033 | |
Aug 07, 2017 | $0.033 | |
Jul 10, 2017 | $0.034 | |
Jun 05, 2017 | $0.034 | |
May 05, 2017 | $0.034 | |
Apr 07, 2017 | $0.036 | |
Mar 06, 2017 | $0.034 | |
Feb 06, 2017 | $0.034 | |
Dec 27, 2016 | $0.032 | |
Dec 05, 2016 | $0.035 | |
Nov 07, 2016 | $0.033 | |
Oct 07, 2016 | $0.033 | |
Sep 06, 2016 | $0.034 | |
Aug 05, 2016 | $0.033 | |
Jul 08, 2016 | $0.035 | |
Jun 06, 2016 | $0.033 | |
May 06, 2016 | $0.031 | |
Apr 07, 2016 | $0.032 | |
Mar 07, 2016 | $0.032 | |
Feb 05, 2016 | $0.033 | |
Dec 29, 2015 | $0.043 | |
Dec 07, 2015 | $0.036 | |
Nov 06, 2015 | $0.035 | |
Oct 07, 2015 | $0.036 | |
Sep 08, 2015 | $0.038 | |
Aug 07, 2015 | $0.036 | |
Jul 08, 2015 | $0.038 | |
Jun 05, 2015 | $0.034 | |
May 07, 2015 | $0.033 | |
Apr 08, 2015 | $0.035 | |
Mar 06, 2015 | $0.031 | |
Feb 06, 2015 | $0.035 | |
Dec 24, 2014 | $0.067 | |
Dec 05, 2014 | $0.036 | |
Nov 07, 2014 | $0.035 | |
Oct 07, 2014 | $0.042 | |
Sep 08, 2014 | $0.036 | |
Aug 07, 2014 | $0.046 | |
Jul 08, 2014 | $0.038 | |
Jun 06, 2014 | $0.039 | |
May 07, 2014 | $0.039 | |
Apr 07, 2014 | $0.040 | |
Mar 07, 2014 | $0.034 | |
Feb 07, 2014 | $0.040 | |
Dec 26, 2013 | $0.045 | |
Dec 06, 2013 | $0.036 | |
Nov 07, 2013 | $0.032 | |
Oct 07, 2013 | $0.038 | |
Sep 09, 2013 | $0.046 | |
Aug 07, 2013 | $0.045 | |
Jul 08, 2013 | $0.038 | |
Jun 07, 2013 | $0.047 | |
May 07, 2013 | $0.040 | |
Apr 05, 2013 | $0.048 | |
Mar 07, 2013 | $0.038 | |
Feb 07, 2013 | $0.017 | |
Dec 27, 2012 | $0.061 | |
Dec 07, 2012 | $0.045 | |
Nov 07, 2012 | $0.041 | |
Oct 31, 2012 | $0.008 | |
Oct 05, 2012 | $0.037 | |
Sep 10, 2012 | $0.043 | |
Aug 07, 2012 | $0.043 | |
Jul 09, 2012 | $0.037 | |
Jun 07, 2012 | $0.054 | |
May 07, 2012 | $0.047 | |
Apr 09, 2012 | $0.044 | |
Mar 07, 2012 | $0.039 | |
Feb 07, 2012 | $0.029 | |
Dec 27, 2011 | $0.055 | |
Dec 07, 2011 | $0.047 | |
Nov 07, 2011 | $0.037 | |
Oct 07, 2011 | $0.042 | |
Sep 08, 2011 | $0.062 | |
Aug 05, 2011 | $0.041 | |
Jul 08, 2011 | $0.050 | |
Jun 07, 2011 | $0.051 | |
May 06, 2011 | $0.040 | |
Apr 07, 2011 | $0.051 | |
Mar 07, 2011 | $0.041 | |
Feb 07, 2011 | $0.023 | |
Dec 22, 2010 | $0.079 | |
Dec 07, 2010 | $0.054 | |
Nov 05, 2010 | $0.048 | |
Oct 07, 2010 | $0.045 | |
Sep 08, 2010 | $0.055 | |
Aug 06, 2010 | $0.048 | |
Jul 08, 2010 | $0.057 | |
Jun 07, 2010 | $0.062 | |
May 07, 2010 | $0.056 | |
Apr 08, 2010 | $0.065 | |
Mar 05, 2010 | $0.057 | |
Feb 05, 2010 | $0.048 | |
Dec 23, 2009 | $0.081 | |
Dec 07, 2009 | $0.061 | |
Nov 06, 2009 | $0.065 | |
Oct 07, 2009 | $0.066 | |
Sep 08, 2009 | $0.067 | |
Aug 07, 2009 | $0.066 | |
Jul 08, 2009 | $0.062 | |
Jun 05, 2009 | $0.059 | |
May 07, 2009 | $0.046 | |
Apr 07, 2009 | $0.050 | |
Mar 06, 2009 | $0.049 | |
Feb 06, 2009 | $0.016 | |
Dec 24, 2008 | $0.075 | |
Dec 05, 2008 | $0.042 | |
Nov 07, 2008 | $0.044 | |
Oct 07, 2008 | $0.064 | |
Sep 08, 2008 | $0.053 | |
Aug 07, 2008 | $0.039 | |
Jul 08, 2008 | $0.053 | |
Jun 06, 2008 | $0.051 | |
May 07, 2008 | $0.044 | |
Apr 07, 2008 | $0.048 | |
Mar 07, 2008 | $0.046 | |
Feb 07, 2008 | $0.015 | |
Dec 19, 2007 | $0.084 | |
Dec 07, 2007 | $0.051 | |
Nov 07, 2007 | $0.057 | |
Oct 05, 2007 | $0.042 | |
Sep 10, 2007 | $0.050 | |
Aug 07, 2007 | $0.054 | |
Jul 09, 2007 | $0.047 | |
Jun 07, 2007 | $0.049 | |
May 07, 2007 | $0.056 | |
Apr 09, 2007 | $0.054 | |
Mar 07, 2007 | $0.017 | |
Feb 07, 2007 | $0.019 | |
Dec 20, 2006 | $0.101 | |
Dec 07, 2006 | $0.044 | |
Nov 07, 2006 | $0.051 | |
Oct 25, 2006 | $0.000 | |
Oct 06, 2006 | $0.046 | |
Sep 08, 2006 | $0.048 | |
Aug 07, 2006 | $0.052 | |
Jul 10, 2006 | $0.048 | |
Jun 07, 2006 | $0.057 | |
May 05, 2006 | $0.037 | |
Apr 07, 2006 | $0.044 | |
Mar 07, 2006 | $0.070 | |
Dec 21, 2005 | $0.063 | |
Dec 07, 2005 | $0.140 | |
Sep 08, 2005 | $0.149 | |
Jun 07, 2005 | $0.183 | |
Mar 07, 2005 | $0.086 | |
Dec 22, 2004 | $0.067 | |
Dec 07, 2004 | $0.113 | |
Sep 08, 2004 | $0.151 | |
Jun 07, 2004 | $0.148 | |
Mar 05, 2004 | $0.141 | |
Dec 24, 2003 | $0.032 | |
Dec 05, 2003 | $0.135 | |
Sep 08, 2003 | $0.152 | |
Jun 06, 2003 | $0.149 | |
Mar 07, 2003 | $0.117 | |
Dec 26, 2002 | $0.021 | |
Dec 06, 2002 | $0.131 | |
Sep 09, 2002 | $0.120 | |
Jun 07, 2002 | $0.165 | |
Mar 07, 2002 | $0.093 | |
Dec 07, 2001 | $0.162 |
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 |