SSIMX Fees and Costs — State Street Income V.I.S. Fund, Class 1
Data updated: 2026-08-28
The net expense ratio is 1.61%: a 0.50% management fee plus 1.11% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $190 in broker commissions, 0.0022% of average net assets, and portfolio turnover was 47%.
SSIMX Fees and Expenses
Annual operating expenses and sales charges of SSIMX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 1.11% |
| Gross expense ratio | 1.62% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.61% |
| 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 |
SSIMX Costs Over Time
On $10,000 invested in SSIMX, assuming 5% a year before costs, total costs come to $996 over 5 years, cutting the return by 1.69% 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 1.61%) | $169 | $524 | $903 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $169 | $551 | $996 |
| Value after costs | $10,331 | $11,025 | $11,767 |
| Impact on return, per year | 1.69% | 1.69% | 1.69% |
SSIMX 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): 0.0022%
- Total broker commissions: $190
- Bought from dealers (principal trades, not a cost): $52.5M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
SSIMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $190 | 100.00% |
SSIMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $26.2M | 50.34% |
| Barclays Capital Inc. | $7.0M | 13.48% |
| State Street Bank and Trust Company | $5.7M | 10.91% |
| Morgan Stanley & Co. LLC | $4.8M | 9.19% |
| Citigroup Global Markets Inc. | $3.5M | 6.72% |
| Goldman Sachs & Co. LLC | $3.1M | 5.97% |
| Deutsche Bank Securities Inc. | $965K | 1.86% |
| J.P. Morgan Securities LLC | $369K | 0.71% |
| BNP Paribas Securities Corp. | $259K | 0.50% |
| BMO Capital Markets Corp. | $173K | 0.33% |
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.