C000004420 Fees and Costs — State Street Active Core Bond Fund, Investment Class
Data updated: 2022-02-25
The net expense ratio is 0.27%: a 0.26% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $3K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 69%.
C000004420 Fees and Expenses
Annual operating expenses and sales charges of C000004420. Prospectus, as of January 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000004420 Costs Over Time
On $10,000 invested in C000004420, assuming 5% a year before costs, total costs come to $173 over 5 years, cutting the return by 0.29% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $94 | $173 |
| Value after costs | $10,471 | $11,482 | $12,590 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
C000004420 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $669.2M
- Portfolio turnover (prospectus): 69%
- Securities lending: none during the year
C000004420 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3K | 100.00% |
C000004420 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $170.1M | 26.69% |
| Morgan Stanley & Co. LLC | $124.0M | 19.45% |
| Citigroup Global Markets Inc. | $87.5M | 13.73% |
| Nomura Securities International, Inc. | $87.5M | 13.73% |
| BofA Securities, Inc. | $51.7M | 8.11% |
| Barclays Capital Inc. | $44.8M | 7.03% |
| J.P. Morgan Securities LLC | $40.9M | 6.42% |
| Deutsche Bank Securities Inc. | $13.0M | 2.05% |
| Goldman Sachs & Co. LLC | $10.2M | 1.60% |
| Credit Agricole Securities (USA) Inc. | $7.7M | 1.20% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.