SSRSX: State Street Real Estate Securities V.I.S. Fund - MutualFunds.com

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State Street Real Estate Secs V.I.S. 1

SSRSX - Snapshot

Vitals

  • YTD Return -14.6%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 4.4%
  • Net Assets $44.4 M
  • Holdings in Top 10 45.2%

52 WEEK LOW AND HIGH

$11.24
$7.85
$14.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 72.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Compare SSRSX to Popular Real Estate Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$79.56

-1.56%

$55.16 B

3.89%

$3.14

-13.64%

0.12%

$26.42

-1.57%

$55.16 B

2.58%

$0.69

-14.36%

0.26%

$35.51

-1.61%

$8.59 B

2.53%

$0.91

-13.22%

0.20%

$19.20

-1.54%

$6.77 B

4.01%

$0.78

-14.21%

0.08%

$57.17

-1.45%

$5.60 B

18.27%

$10.60

-13.59%

0.95%

SSRSX - Profile

Distributions

  • YTD Total Return -14.6%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    State Street Real Estate Securities V.I.S. Fund
  • Fund Family Name
    State Street Global Advisors
  • Inception Date
    May 31, 1995
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dean Frankel

Fund Description

The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in equity securities, such as common and preferred stocks, and debt securities of U.S. issuers that are principally engaged in or related to the real estate industry, including those that own significant real estate assets. It does not invest directly in real estate. The fund also may invest to a lesser extent in equity securities and debt securities of issuers outside the real estate industry.


SSRSX - Performance

Return Ranking - Trailing

Period SSRSX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.6% -49.4% 22.8% 57.93%
1 Yr -16.1% -42.6% 37.1% 75.18%
3 Yr 1.3%* -15.8% 15.1% 66.67%
5 Yr 4.4%* -3.2% 14.2% 59.13%
10 Yr 8.4%* 3.0% 15.4% 39.71%

* Annualized

Return Ranking - Calendar

Period SSRSX Return Category Return Low Category Return High Rank in Category (%)
2019 16.0% -0.8% 43.1% 63.36%
2018 -9.6% -44.0% 4.9% 44.31%
2017 -0.4% -16.4% 25.4% 65.02%
2016 -7.0% -13.1% 340.0% 88.94%
2015 -9.8% -18.4% 7.7% 79.89%

Total Return Ranking - Trailing

Period SSRSX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.6% -49.6% 22.8% 57.20%
1 Yr -16.1% -42.6% 37.1% 68.44%
3 Yr 1.3%* -15.8% 15.1% 60.30%
5 Yr 4.4%* -3.5% 14.2% 53.17%
10 Yr 8.4%* 3.0% 15.4% 37.32%

* Annualized

Total Return Ranking - Calendar

Period SSRSX Return Category Return Low Category Return High Rank in Category (%)
2019 16.0% -0.8% 43.1% 63.36%
2018 -9.6% -43.3% 4.9% 65.04%
2017 -0.4% -13.6% 31.4% 90.13%
2016 -7.0% -12.3% 13.4% 96.15%
2015 -9.8% -18.4% 7.7% 87.83%

NAV & Total Return History


SSRSX - Holdings

Concentration Analysis

SSRSX Category Low Category High SSRSX % Rank
Net Assets 44.4 M 929 K 55.2 B 83.33%
Number of Holdings 60 18 562 25.89%
Net Assets in Top 10 20 M 519 K 27.2 B 85.46%
Weighting of Top 10 45.20% 14.1% 76.1% 76.67%

Top 10 Holdings

  1. Equinix Inc 8.60%
  2. Prologis Inc 7.63%
  3. Invitation Homes Inc 5.15%
  4. Digital Realty Trust Inc 4.66%
  5. Healthpeak Properties Inc 4.03%
  6. Mid-America Apartment Communities Inc 3.38%
  7. CubeSmart 3.08%
  8. Realty Income Corp 2.91%
  9. Equity Residential 2.88%
  10. AvalonBay Communities Inc 2.87%

Asset Allocation

Weighting Return Low Return High SSRSX % Rank
Stocks
99.40% 1.97% 101.95% 33.69%
Cash
0.60% -104.20% 19.25% 56.38%
Preferred Stocks
0.00% 0.00% 45.03% 17.73%
Other
0.00% -10.54% 95.74% 23.76%
Convertible Bonds
0.00% 0.00% 7.50% 12.41%
Bonds
0.00% -9.65% 101.08% 17.73%

Stock Sector Breakdown

Weighting Return Low Return High SSRSX % Rank
Real Estate
100.00% 30.32% 100.00% 3.65%
Utilities
0.00% 0.00% 5.47% 8.39%
Technology
0.00% 0.00% 14.65% 16.79%
Industrials
0.00% 0.00% 10.74% 16.42%
Healthcare
0.00% 0.00% 38.43% 10.58%
Financial Services
0.00% 0.00% 37.05% 20.80%
Energy
0.00% 0.00% 1.16% 6.20%
Communication Services
0.00% 0.00% 11.17% 10.22%
Consumer Defense
0.00% 0.00% 2.24% 6.20%
Consumer Cyclical
0.00% 0.00% 41.45% 41.24%
Basic Materials
0.00% 0.00% 5.97% 7.66%

Stock Geographic Breakdown

Weighting Return Low Return High SSRSX % Rank
US
99.40% 1.97% 100.26% 29.43%
Non US
0.00% 0.00% 32.96% 35.11%

SSRSX - Expenses

Operational Fees

SSRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.07% 23.80% 59.26%
Management Fee 0.85% 0.00% 1.67% 75.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

SSRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SSRSX 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.

SSRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 1.54% 257.00% 76.64%

SSRSX - Distributions

Dividend Yield Analysis

SSRSX Category Low Category High SSRSX % Rank
Dividend Yield 0.00% 0.00% 13.22% 18.44%

Dividend Distribution Analysis

SSRSX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

SSRSX Category Low Category High SSRSX % Rank
Net Income Ratio 1.91% -2.55% 6.71% 36.92%

Capital Gain Distribution Analysis

SSRSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

SSRSX - Fund Manager Analysis

Managers

Dean Frankel


Start Date

Tenure

Tenure Rank

May 01, 2005

15.43

15.4%

Dean Frankel is the Global Co-Head, Real Estate Securities at CenterSquare Investment Management. Mr. Frankel is responsible for management of the firm's proprietary research process, as well as analyzing and interpreting the implications of major events and economic trends. Mr. Frankel manages the daily operations of the real estate securities portfolios and has ultimate decision-making authority for the core U.S. and Global REIT strategies. Mr. Frankel joined CenterSquare in 1997 and has served as Senior Portfolio Manager since 2006. He manages CenterSquare’s proprietary research process and oversees the CenterSquare Investment Management, Inc.'s real estate securities trading activities. Mr. Frankel holds a B.S. in Economics from the University of Pennsylvania's Wharton School of Business.

Eric Rothman


Start Date

Tenure

Tenure Rank

May 01, 2007

13.43

13.4%

Mr. Rothman serves as Portfolio Manager for CenterSquare Investment Management’s real estate securities group. He joined the firm in 2006, and is responsible for market research, sector allocations, research, and financial modeling across the real estate securities universe. He has over 20 years of REIT and real estate investment experience. Prior to joining CenterSquare, he spent more than six years as a sell-side REIT analyst at Wachovia Securities and three years as an analyst at AEW Capital Management, LP. Mr. Rothman graduated cum laude from Boston University with a B.A. in Economics, International Relations and French.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 26.76 8.49 14.76