C000004425 Fees and Costs — State Street Institutional Premier Growth Equity Fund, Investment Class
Data updated: 2023-05-30
The net expense ratio is 0.59%: a 0.55% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $16K in broker commissions, 0.0292% of average net assets, and portfolio turnover was 41%.
C000004425 Fees and Expenses
Annual operating expenses and sales charges of C000004425. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000004425 Costs Over Time
On $10,000 invested in C000004425, assuming 5% a year before costs, total costs come to $390 over 5 years, cutting the return by 0.65% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $390 |
| Value after costs | $10,435 | $11,363 | $12,373 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
C000004425 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0292%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $31.9M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000004425 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $10K | 67.61% |
| Fidelity Brokerage Services LLC | $754 | 4.90% |
| Goldman Sachs & Co. LLC | $704 | 4.57% |
| Citigroup Global Markets Inc. | $679 | 4.41% |
| Instinet, LLC | $664 | 4.31% |
| Credit Suisse Securities (USA) LLC | $639 | 4.15% |
| UBS Securities LLC | $593 | 3.85% |
| Virtu Americas LLC | $417 | 2.71% |
| J.P. Morgan Securities LLC | $326 | 2.12% |
| BofA Securities, Inc. | $212 | 1.37% |
C000004425 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $31.9M | 100.00% |
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.