State Street Dynamic Small Cap Fund
Data updated: 2021-01-25
C000014160 — State Street Dynamic Small Cap Fund. United States Small Cap Blend / Core Equity · $19.63M AUM. Holdings, fees, performance and SEC filings.
C000014160 Fund Overview
State Street Dynamic Small Cap Fund is a US mutual fund managed by Ssga Funds, categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ssga Funds
- Category: United States Small Cap Blend / Core Equity
- Assets under management: $19.63M
- 1-year return: 4.6%
- SEC CIK: 0000826686
- SEC series ID: S000005184
- Share class ID: C000014160
C000014160 Investment Objective and Strategy
State Street Dynamic Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ssga Funds.
Investment objective
SSGA Dynamic Small Cap Fund (the “Fund”) seeks to maximize the total return through investment in equity securities.
Principal investment strategy
The Fund will invest at least 80% of its net assets (plus borrowings, if any) in equity securities of companies in the Russell 2000 Index, the Fund's benchmark. The Fund will provide shareholders with at least sixty (60) days' notice prior to any change in its 80% investment policy. The Fund may invest up to 20% of its net assets in equity securities not included in the Russell 2000 Index. The Fund generally considers small cap companies to be companies with capitalizations that, at the time of purchase, are within the range of the companies included in the Russell 2000 Index. As of October 31, 2017, the market capitalization range of the Russell 2000 Index was between $19.43 million and $6.40 billion. The Adviser employs a proprietary quantitative multi-factor stock-selection model to select securities while controlling risk exposure of the Fund relative to the Fund's benchmark.
This model evaluates the relative attractiveness of securities from a specified investment universe based on the correlation of certain historical economic and financial factors applicable to issuers, industries and/or sectors (such as measures of growth potential, valuation, quality and investor sentiment) and based on other historical quantitative metrics to past performance. Additionally, the model may incorporate an element to evaluate the macroeconomic environment for a portion of the model determined by prevailing market conditions. This element allows a disciplined approach to seek to be adaptive to the macroeconomic environment and respond to changing conditions. The quantitative model allows the Adviser to evaluate quickly each eligible security and then rank eligible securities in the Fund's investment universe in the order of their attractiveness as Fund investments.
The Adviser may make updates and adjustments to the economic and financial conditions and other quantitative metrics considered by the model, and to the weightings among them. From time to time, the Adviser may make a qualitative judgment not to implement fully the results of the quantitative investment process if it believes that the process did not take into account all of the information relevant to the Fund's portfolio, or that a different evaluation or weighting of the information relating to the Fund's portfolio might be more appropriate. The Fund expects to invest primarily in common stocks. The Fund may invest in other investment companies, including exchange-traded funds, to the extent permitted by applicable law (including those advised by the Adviser). The Fund may hold a portion of its assets in cash and cash instruments.
The Fund also may lend its securities and engage in active trading. The Fund may invest in derivatives, such as futures contracts and total return swaps, in order to gain broad equity market exposures pending investments of cash, or to reduce market exposures pending the sales of securities.
C000014160 Performance
Total returns for C000014160 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.6% |
C000014160 Risk Information
Risk metrics for C000014160, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 35.7%
C000014160 Costs and Fees
C000014160 costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 1.87%
- Portfolio turnover: 102%
- Brokerage commissions: 8.76 bps of average net assets (SEC N-CEN)
C000014160 Cashflows
Over the 12 months to 2020-11, State Street Dynamic Small Cap Fund had net outflows of $1.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-11 | −$357.12K |
| 2020-10 | −$433.68K |
| 2020-09 | −$182.93K |
| 2020-08 | −$294.84K |
| 2020-07 | −$33.25K |
| 2020-06 | −$132.46K |
C000014160 Debt Constituents
No individual debt constituents are reported in State Street Dynamic Small Cap Fund's latest SEC N-PORT filing.
C000014160 Prospectus and SEC Filings
Official State Street Dynamic Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-01-13
- Prospectus (485BPOS) — filed 2019-01-03
- Prospectus (485BPOS) — filed 2018-01-05
- Portfolio holdings (N-PORT) — filed 2021-01-25
- Portfolio holdings (N-PORT) — filed 2020-10-26
- Portfolio holdings (N-PORT) — filed 2020-07-24
- Annual census (N-CEN) — filed 2020-11-05
- Annual census (N-CEN) — filed 2019-11-05
Related Funds
Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.