STATE STREET EMERGING MARKETS EQUITY INDEX FUND
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
7.2%
3 Yr Avg Return
-6.8%
5 Yr Avg Return
1.2%
Net Assets
$587 M
Holdings in Top 10
23.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SSKEX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -6.8%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.02%
- Dividend Yield 3.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSTATE STREET EMERGING MARKETS EQUITY INDEX FUND
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateDec 18, 2015
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Coleman
Fund Description
SSKEX - Performance
Return Ranking - Trailing
Period | SSKEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -9.6% | 11.2% | 61.92% |
1 Yr | 7.2% | -9.4% | 31.2% | 61.06% |
3 Yr | -6.8%* | -24.1% | 7.4% | 50.86% |
5 Yr | 1.2%* | -7.8% | 10.8% | 61.08% |
10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | SSKEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.9% | -6.5% | 35.5% | 74.76% |
2022 | -23.2% | -50.1% | -2.4% | 37.76% |
2021 | -4.7% | -33.1% | 22.5% | 45.79% |
2020 | 16.0% | -22.1% | 80.1% | 50.70% |
2019 | 14.9% | -0.7% | 42.0% | 75.40% |
Total Return Ranking - Trailing
Period | SSKEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -9.6% | 11.2% | 61.92% |
1 Yr | 7.2% | -9.4% | 31.2% | 61.06% |
3 Yr | -6.8%* | -24.1% | 7.4% | 50.86% |
5 Yr | 1.2%* | -7.8% | 10.8% | 61.08% |
10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SSKEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.5% | -2.7% | 42.0% | 62.96% |
2022 | -20.3% | -42.2% | 1.9% | 30.49% |
2021 | -2.8% | -32.5% | 33.1% | 59.82% |
2020 | 18.2% | -20.0% | 81.6% | 47.14% |
2019 | 18.1% | 2.3% | 42.0% | 72.04% |
NAV & Total Return History
SSKEX - Holdings
Concentration Analysis
SSKEX | Category Low | Category High | SSKEX % Rank | |
---|---|---|---|---|
Net Assets | 587 M | 682 K | 103 B | 44.91% |
Number of Holdings | 1404 | 10 | 7049 | 6.03% |
Net Assets in Top 10 | 137 M | 118 K | 19.2 B | 50.94% |
Weighting of Top 10 | 23.39% | 0.7% | 122.2% | 86.31% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 6.77%
- Samsung Electronics Co Ltd 4.14%
- Tencent Holdings Ltd 3.57%
- Alibaba Group Holding Ltd 2.24%
- Reliance Industries Ltd 1.34%
- State Street Navigator Securities Lending Government Money Market Portfolio 1.27%
- PDD Holdings Inc 1.24%
- MSCI CHINA A INCLUSION Net Return USD Index 1.06%
- ICICI Bank Ltd 0.88%
- Infosys Ltd 0.87%
Asset Allocation
Weighting | Return Low | Return High | SSKEX % Rank | |
---|---|---|---|---|
Stocks | 95.42% | 0.00% | 103.65% | 70.38% |
Other | 2.61% | -1.64% | 50.31% | 1.61% |
Preferred Stocks | 2.45% | 0.00% | 10.09% | 21.85% |
Cash | 1.76% | -2.03% | 99.29% | 50.54% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 68.69% |
Bonds | 0.00% | 0.00% | 94.30% | 72.25% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SSKEX % Rank | |
---|---|---|---|---|
Financial Services | 22.30% | 0.00% | 48.86% | 48.03% |
Technology | 20.78% | 0.00% | 47.50% | 59.70% |
Consumer Cyclical | 12.26% | 0.00% | 48.94% | 45.86% |
Communication Services | 10.76% | 0.00% | 39.29% | 29.04% |
Basic Materials | 9.29% | 0.00% | 30.03% | 36.64% |
Consumer Defense | 5.54% | 0.00% | 25.90% | 65.67% |
Industrials | 5.26% | 0.00% | 43.53% | 62.96% |
Energy | 5.09% | 0.00% | 24.80% | 33.79% |
Healthcare | 3.86% | 0.00% | 16.53% | 53.32% |
Utilities | 2.76% | 0.00% | 39.12% | 26.73% |
Real Estate | 2.10% | 0.00% | 17.15% | 37.04% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SSKEX % Rank | |
---|---|---|---|---|
Non US | 92.43% | 0.00% | 100.18% | 21.31% |
US | 2.99% | 0.00% | 101.58% | 82.98% |
SSKEX - Expenses
Operational Fees
SSKEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.33% | 0.03% | 24.48% | 95.02% |
Management Fee | 0.14% | 0.00% | 2.00% | 3.09% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.41% |
Administrative Fee | 0.05% | 0.01% | 0.85% | 21.68% |
Sales Fees
SSKEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SSKEX 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.
SSKEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 0.00% | 189.00% | 8.22% |
SSKEX - Distributions
Dividend Yield Analysis
SSKEX | Category Low | Category High | SSKEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.24% | 0.00% | 10.26% | 18.36% |
Dividend Distribution Analysis
SSKEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
Net Income Ratio Analysis
SSKEX | Category Low | Category High | SSKEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.02% | -1.98% | 17.62% | 16.13% |
Capital Gain Distribution Analysis
SSKEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $2.013 | OrdinaryDividend |
Dec 27, 2022 | $2.273 | OrdinaryDividend |
Dec 28, 2021 | $1.480 | OrdinaryDividend |
Dec 29, 2020 | $1.469 | OrdinaryDividend |
Dec 27, 2019 | $1.951 | OrdinaryDividend |
Dec 27, 2018 | $1.370 | OrdinaryDividend |
Dec 20, 2017 | $0.300 | OrdinaryDividend |
Dec 22, 2016 | $0.215 | OrdinaryDividend |
Jan 05, 2016 | $0.024 | OrdinaryDividend |
SSKEX - Fund Manager Analysis
Managers
Thomas Coleman
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.5
6.5%
Tom is a Vice President of State Street Global Advisors and a Senior Portfolio Manager in the Global Equity Beta Solutions investment team. Within this team, Tom is the Emerging Markets Strategy leader and as such, he is responsible for the management of a variety of commingled, segregated, and exchange traded products benchmarked to international strategies, including MSCI Emerging and ACWI, as well as S&P Emerging Markets. Tom is also responsible for domestic strategies benchmarked to Russell, Standard & Poors, and NASDAQ Indices. Prior to assuming his current role in April 2004, Tom managed the International Structured Products Group Operations Team. Tom holds a BS in Finance and Accounting from Boston College and an MBA from Babson College. He also earned the Chartered Financial Analyst designation and is a member of the Boston Security Analysts Society.
Michael Feehily
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.5
6.5%
Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.
Olga Winner
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.5
6.5%
Olga Winner, CFA, is a Vice President of SSGA FM and Senior Portfolio Manager in the GEBS Group. Ms. Winner joined SSGA FM in 2007 and has 15 years of investment experience. She has co-managed the USAA MSCI Emerging Markets Value Momentum ETF since its inception in October 2017 and the USAA International Value Momentum Blend Index ETF since December 2018. Education: B.S. in Finance, the University of Massachusetts; M.B.A and M.S. in Finance., the Carroll School of Management at Boston College. She also earned the CFA designation and is a member of CFA Society Boston, Inc.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.54 | 13.42 |