SVSPX Fees and Costs — State Street S&P 500 Index Fund, Class N
Data updated: 2026-07-29
The net expense ratio is 0.16%: a 0.03% management fee, a 0.06% 12b-1 fee plus 0.08% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 2%.
SVSPX Fees and Expenses
Annual operating expenses and sales charges of SVSPX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.06% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.17% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.16% |
| 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 |
SVSPX Costs Over Time
On $10,000 invested in SVSPX, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $56 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
SVSPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0005%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $258.2M
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $5.6M
- Net income from securities lending: $5K (0.000% of average net assets)
SVSPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1K | 17.88% |
| Nomura Securities International, Inc. | $1K | 17.66% |
| Fidelity Brokerage Services LLC | $1K | 13.15% |
| Citadel Securities LLC | $1K | 12.90% |
| BofA Securities, Inc. | $832 | 10.56% |
| The Williams Capital Group, L.P. | $778 | 9.87% |
| Goldman Sachs & Co. LLC | $667 | 8.46% |
| Virtu Americas LLC | $322 | 4.09% |
| Bestex Research Securities, LLC | $251 | 3.19% |
| J.P. Morgan Securities LLC | $177 | 2.24% |
SVSPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $257.9M | 99.88% |
| J.P. Morgan Securities LLC | $257K | 0.10% |
| Goldman Sachs & Co. LLC | $60K | 0.02% |
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.