SSMHX Fees and Costs — State Street Small/mid Cap Equity Index Portfolio
Data updated: 2026-08-28
The net expense ratio is 0.01%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $136K in broker commissions, 0.0054% of average net assets, and portfolio turnover was 26%.
SSMHX Fees and Expenses
Annual operating expenses and sales charges of SSMHX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.01% |
| Fee waiver | — |
| Net expense ratio | 0.01% |
| 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 | No |
| Waived fees subject to recoupment | No |
SSMHX Costs Over Time
On $10,000 invested in SSMHX, assuming 5% a year before costs, total costs come to $10 over 5 years, cutting the return by 0.02% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $5 | $10 |
| Value after costs | $10,498 | $11,571 | $12,753 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
SSMHX 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): 0.0054%
- Total broker commissions: $136K
- Bought from dealers (principal trades, not a cost): $670.9M
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $407.2M
- Net income from securities lending: $1.4M (0.054% of average net assets)
SSMHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $30K | 22.88% |
| Morgan Stanley & Co. LLC | $17K | 12.56% |
| Fidelity Brokerage Services LLC | $14K | 10.37% |
| Citadel Securities LLC | $13K | 10.18% |
| Goldman Sachs & Co. LLC | $13K | 9.93% |
| Nomura Securities International, Inc. | $12K | 8.82% |
| Barclays Capital Inc. | $12K | 8.79% |
| Virtu Americas LLC | $11K | 8.35% |
| The Williams Capital Group, L.P. | $6K | 4.54% |
| Bestex Research Securities, LLC | $5K | 3.58% |
SSMHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $664.0M | 99.66% |
| Goldman Sachs & Co. LLC | $1.6M | 0.23% |
| UBS Securities LLC | $307K | 0.05% |
| BofA Securities, Inc. | $107K | 0.02% |
| J.P. Morgan Securities LLC | $101K | 0.02% |
| Morgan Stanley & Co. LLC | $62K | 0.01% |
| Virtu Americas LLC | $45K | 0.01% |
| Barclays Capital Inc. | $26K | 0.00% |
| Citadel Securities LLC | $16K | 0.00% |
| Bestex Research Securities, LLC | $12K | 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.