SSBIX Fees and Costs — State Street Balanced Index Fund, Class K
Data updated: 2026-08-28
The net expense ratio is 0.05%: a 0.05% management fee plus 0.09% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 7%.
SSBIX Fees and Expenses
Annual operating expenses and sales charges of SSBIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.15% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.05% |
| 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 |
SSBIX Costs Over Time
On $10,000 invested in SSBIX, assuming 5% a year before costs, total costs come to $32 over 5 years, cutting the return by 0.05% 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 0.05%) | $5 | $17 | $29 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $5 | $17 | $32 |
| Value after costs | $10,495 | $11,559 | $12,731 |
| Impact on return, per year | 0.05% | 0.05% | 0.05% |
SSBIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $235.7M
- Portfolio turnover (prospectus): 7%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $27K (0.005% of average net assets)
SSBIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $574 | 27.26% |
| Morgan Stanley & Co. LLC | $556 | 26.40% |
| UBS Securities LLC | $300 | 14.24% |
| Citadel Securities LLC | $223 | 10.59% |
| Barclays Capital Inc. | $217 | 10.30% |
| Goldman Sachs & Co. LLC | $69 | 3.30% |
| Piper Sandler & Co. | $62 | 2.92% |
| Citigroup Global Markets Inc. | $56 | 2.64% |
| J.P. Morgan Securities LLC | $43 | 2.05% |
| Nomura Securities International, Inc. | $6 | 0.30% |
SSBIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $235.5M | 99.96% |
| Barclays Capital Inc. | $25K | 0.01% |
| UBS Securities LLC | $18K | 0.01% |
| Morgan Stanley & Co. LLC | $15K | 0.01% |
| Citigroup Global Markets Inc. | $13K | 0.01% |
| BofA Securities, Inc. | $12K | 0.01% |
| Goldman Sachs & Co. LLC | $12K | 0.00% |
| Citadel Securities LLC | $8K | 0.00% |
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.