State Street Premier Growth Equity V.I.S. Fund
Fund
SPGSX
Price as of:
$121.42
+ $0.27
+ 0.22%
Primary Theme
fund company
Name
As of 04/16/2024Price
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
Vitals
YTD Return
10.1%
1 yr return
41.4%
3 Yr Avg Return
8.1%
5 Yr Avg Return
14.3%
Net Assets
$32 M
Holdings in Top 10
57.5%
52 WEEK LOW AND HIGH
$121.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.93%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
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
SPGSX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 8.1%
- 5 Yr Annualized Total Return 14.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NameState Street Premier Growth Equity V.I.S. Fund
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateDec 12, 1997
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Sandow
Fund Description
The Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) under normal circumstances in equity securities, such as common and preferred stocks.
The Fund invests primarily in a limited number of large and medium sized companies (meaning companies with market capitalizations of $2 billion or more) that SSGA Funds Management, Inc. (“SSGA FM” or the “Adviser”), the Fund's investment adviser, believes have above-average growth histories and/or growth potential. The Adviser selects equity securities from a number of industries based on the merits of individual companies, although at times the Fund's investments may be focused in one or more market sectors, such as information technology. In seeking to achieve the Fund's investment objective with respect to future income, the Adviser also may consider companies that currently pay dividends or that have the potential to pay dividends in the future.
The Adviser seeks to identify securities of companies that they believe have desirable characteristics for the Fund such as:
•
above-average annual growth rates;
•
appropriate capital structures;
•
leadership in their respective industries; and/or
•
high quality management focused on generating shareholder value.
The Adviser may consider selling a security when one of these characteristics no longer applies, when the Adviser believes that the valuation has become excessive, or when more attractive alternatives are identified.
The Fund also may invest up to 25% of its total assets in foreign securities and up to 20% of its net assets (plus any borrowings for investment purposes) in debt securities. The Adviser may also use various types of derivative instruments (such as futures contracts, options and forward contracts) to gain or hedge exposure to certain types of securities as an alternative to investing directly in or selling such securities. The Fund is a non-diversified investment company.
SPGSX - Performance
Return Ranking - Trailing
| Period | SPGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -15.5% | 20.9% | 35.24% |
| 1 Yr | 41.4% | -22.1% | 61.0% | 10.30% |
| 3 Yr | 8.1%* | -31.0% | 22.5% | 14.41% |
| 5 Yr | 14.3%* | -16.4% | 29.0% | 45.22% |
| 10 Yr | 11.7%* | -5.7% | 18.8% | 72.93% |
* Annualized
Return Ranking - Calendar
| Period | SPGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 43.1% | -74.1% | 72.4% | 17.63% |
| 2022 | -39.2% | -85.9% | 4.7% | 75.00% |
| 2021 | 3.1% | -52.4% | 60.5% | 66.14% |
| 2020 | 21.9% | -34.3% | 145.0% | 65.57% |
| 2019 | 22.3% | -21.8% | 49.4% | 66.92% |
Total Return Ranking - Trailing
| Period | SPGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -15.5% | 20.9% | 35.24% |
| 1 Yr | 41.4% | -22.1% | 61.0% | 10.30% |
| 3 Yr | 8.1%* | -31.0% | 22.5% | 14.41% |
| 5 Yr | 14.3%* | -16.4% | 29.0% | 45.22% |
| 10 Yr | 11.7%* | -5.7% | 18.8% | 72.93% |
* Annualized
Total Return Ranking - Calendar
| Period | SPGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 46.3% | -4.6% | 72.4% | 14.62% |
| 2022 | -30.4% | -61.7% | 5.6% | 47.03% |
| 2021 | 25.0% | -39.8% | 118.1% | 28.12% |
| 2020 | 33.6% | 2.8% | 149.2% | 55.68% |
| 2019 | 22.3% | -5.2% | 49.4% | 98.17% |
NAV & Total Return History
SPGSX - Holdings
Concentration Analysis
| SPGSX | Category Low | Category High | SPGSX % Rank | |
|---|---|---|---|---|
| Net Assets | 32 M | 242 K | 269 B | 95.37% |
| Number of Holdings | 38 | 1 | 3217 | 81.35% |
| Net Assets in Top 10 | 18.4 M | 104 K | 111 B | 94.26% |
| Weighting of Top 10 | 57.47% | 0.7% | 205.0% | 14.81% |
Top 10 Holdings
- Microsoft Corp 12.54%
- Apple Inc 9.67%
- Amazon.com Inc 7.29%
- NVIDIA Corp 6.40%
- Meta Platforms Inc 4.88%
- Alphabet Inc 4.58%
- Alphabet Inc 3.33%
- Visa Inc 2.99%
- Broadcom Inc 2.91%
- UnitedHealth Group Inc 2.87%
Asset Allocation
| Weighting | Return Low | Return High | SPGSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.18% | 0.00% | 130.05% | 81.27% |
| Cash | 2.82% | -1.50% | 173.52% | 20.25% |
| Other | 0.08% | -43.49% | 50.04% | 17.55% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 51.98% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 44.63% |
| Bonds | 0.00% | 0.00% | 104.15% | 47.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPGSX % Rank | |
|---|---|---|---|---|
| Technology | 41.75% | 0.00% | 65.70% | 20.37% |
| Financial Services | 14.05% | 0.00% | 43.06% | 16.40% |
| Communication Services | 13.86% | 0.00% | 66.40% | 16.31% |
| Consumer Cyclical | 13.07% | 0.00% | 62.57% | 66.69% |
| Healthcare | 8.98% | 0.00% | 39.76% | 84.02% |
| Industrials | 4.90% | 0.00% | 30.65% | 63.91% |
| Real Estate | 2.02% | 0.00% | 16.05% | 27.98% |
| Consumer Defense | 1.35% | 0.00% | 25.50% | 78.44% |
| Utilities | 0.00% | 0.00% | 16.07% | 60.78% |
| Energy | 0.00% | 0.00% | 41.09% | 73.80% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 84.87% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPGSX % Rank | |
|---|---|---|---|---|
| US | 97.18% | 0.00% | 130.05% | 66.67% |
| Non US | 0.00% | 0.00% | 78.10% | 61.94% |
SPGSX - Expenses
Operational Fees
| SPGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.93% | 0.01% | 19.54% | 53.21% |
| Management Fee | 0.65% | 0.00% | 1.50% | 57.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| SPGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SPGSX 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.
| SPGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 30.00% | 0.00% | 316.74% | 46.28% |
SPGSX - Distributions
Dividend Yield Analysis
| SPGSX | Category Low | Category High | SPGSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 28.10% | 69.91% |
Dividend Distribution Analysis
| SPGSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Annual | Annual |
Net Income Ratio Analysis
| SPGSX | Category Low | Category High | SPGSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.32% | -6.13% | 3.48% | 50.13% |
Capital Gain Distribution Analysis
| SPGSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2017 | $0.339 | OrdinaryDividend |
| Dec 29, 2016 | $0.482 | OrdinaryDividend |
| Dec 30, 2015 | $0.534 | OrdinaryDividend |
| Dec 23, 2014 | $0.577 | OrdinaryDividend |
| Dec 27, 2013 | $0.581 | OrdinaryDividend |
| Dec 28, 2012 | $0.773 | OrdinaryDividend |
| Dec 29, 2011 | $0.156 | OrdinaryDividend |
| Dec 30, 2010 | $0.163 | OrdinaryDividend |
| Dec 30, 2009 | $0.203 | OrdinaryDividend |
SPGSX - Fund Manager Analysis
Managers
William Sandow
Start Date
Tenure
Tenure Rank
Sep 01, 2017
4.75
4.8%
William Sandow is a Vice President of SSGA and the Adviser and a Portfolio Manager in the Fundamental U.S. Equity Group. Prior to this role, since 2012, Mr. Sandow was a senior research analyst on the Fundamental Equity Research team covering biotechnology and pharmaceutical securities globally. He joined SSGA through its acquisition of GEAM in July 2016. Prior to joining GEAM in 2012, Mr. Sandow spent seven years at Alliance Global Investors in various research and portfolio management roles. He started his investing career in 2000 at RCM Capital Management. Mr. Sandow has over sixteen years of investment industry experience and has portfolio management and research responsibilities for the Large and Mid Cap Growth teams. Prior to joining AGI Capital via a predecessor affiliate in 2005, he was a senior health care analyst and portfolio manager for Exis Capital and an analyst and co-manager of a health care-focused mutual fund at RCM Capital Management. Mr. Sandow earned his M.B.A. from Indiana University’s Kelley School of Business and a B.S. from Boston College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.2 | 2.92 |