Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2020 Fund | |
State Street Equity 500 Index II Portfolio | 19.13% | |
State Street Small/Mid Cap Equity Index Portfolio | 3.87% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 14.50% | |
State Street Aggregate Bond Index Portfolio | 21.34% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 18.00% | |
SPDR Bloomberg High Yield Bond ETF | 7.00% | |
SPDR Dow Jones Global Real Estate ETF | 5.00% | |
SPDR Portfolio Long Term Treasury ETF | 0.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Treasury ETF | 8.93% | |
SPDR Portfolio Short Term Corporate Bond ETF | 2.23% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2020 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2025 Fund | |
State Street Equity 500 Index II Portfolio | 25.09% | |
State Street Small/Mid Cap Equity Index Portfolio | 5.75% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 20.66% | |
State Street Aggregate Bond Index Portfolio | 20.16% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 13.01% | |
SPDR Bloomberg High Yield Bond ETF | 6.58% | |
SPDR Dow Jones Global Real Estate ETF | 3.50% | |
SPDR Portfolio Long Term Treasury ETF | 2.10% | |
SPDR Portfolio Intermediate Term Treasury ETF | 0.90% | |
SPDR Portfolio Short Term Treasury ETF | 1.79% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.45% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2025 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2030 Fund | |
State Street Equity 500 Index II Portfolio | 30.20% | |
State Street Small/Mid Cap Equity Index Portfolio | 7.87% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 27.43% | |
State Street Aggregate Bond Index Portfolio | 16.16% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 3.92% | |
SPDR Bloomberg High Yield Bond ETF | 5.41% | |
SPDR Dow Jones Global Real Estate ETF | 1.00% | |
SPDR Portfolio Long Term Treasury ETF | 5.60% | |
SPDR Portfolio Intermediate Term Treasury ETF | 2.40% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2030 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2035 Fund | |
State Street Equity 500 Index II Portfolio | 32.80% | |
State Street Small/Mid Cap Equity Index Portfolio | 9.75% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 31.45% | |
State Street Aggregate Bond Index Portfolio | 12.82% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 3.18% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2035 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2040 Fund | |
State Street Equity 500 Index II Portfolio | 34.72% | |
State Street Small/Mid Cap Equity Index Portfolio | 11.86% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 34.43% | |
State Street Aggregate Bond Index Portfolio | 9.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2040 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2045 Fund | |
State Street Equity 500 Index II Portfolio | 35.45% | |
State Street Small/Mid Cap Equity Index Portfolio | 14.00% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 36.55% | |
State Street Aggregate Bond Index Portfolio | 4.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2045 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2050 Fund | |
State Street Equity 500 Index II Portfolio | 35.80% | |
State Street Small/Mid Cap Equity Index Portfolio | 15.95% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 38.25% | |
State Street Aggregate Bond Index Portfolio | 0.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2050 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2055 Fund | |
State Street Equity 500 Index II Portfolio | 35.80% | |
State Street Small/Mid Cap Equity Index Portfolio | 15.95% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 38.25% | |
State Street Aggregate Bond Index Portfolio | 0.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2055 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2060 Fund | |
State Street Equity 500 Index II Portfolio | 35.80% | |
State Street Small/Mid Cap Equity Index Portfolio | 15.95% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 38.25% | |
State Street Aggregate Bond Index Portfolio | 0.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||||
State Street Target Retirement 2060 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement 2065 Fund | |
State Street Equity 500 Index II Portfolio | 35.80% | |
State Street Small/Mid Cap Equity Index Portfolio | 15.95% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 38.25% | |
State Street Aggregate Bond Index Portfolio | 0.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | |
SPDR Bloomberg High Yield Bond ETF | 0.00% | |
SPDR Dow Jones Global Real Estate ETF | 0.00% | |
SPDR Portfolio Long Term Treasury ETF | 7.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | |
SPDR Portfolio Short Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% |
One Year |
Since Inception |
Inception Date | ||||
Class I | ||||||
Return Before Taxes | ||||||
Return After Taxes on Distributions | ||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||
Class K Return Before Taxes | ||||||
S&P 500 Index (reflects no deduction for fees, expenses or taxes) | ||||||
State Street Target Retirement 2065 Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Class I | Class K | Class R3 | |||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of the sale proceeds or the original offering price) |
Class I | Class K | Class R3 | |||
Management Fee | |||||
Distribution and/or Shareholder Service (12b-1) Fees | |||||
Other Expenses1,2 | |||||
Acquired Fund Fees and Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less Fee Waivers and/or Expense Reimbursements3 | ( |
( |
( | ||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements |
1 | |
2 | |
3 |
1 year | 3 years | 5 years | 10 years | ||||
Class I | $ |
$ |
$ |
$ | |||
Class K | $ |
$ |
$ |
$ | |||
Class R3 | $ |
$ |
$ |
$ |
Underlying Funds | Target Retirement Fund | |
State Street Equity 500 Index II Portfolio | 15.57% | |
State Street Small/Mid Cap Equity Index Portfolio | 2.93% | |
State Street Global All Cap Equity ex-U.S. Index Portfolio | 11.50% | |
State Street Aggregate Bond Index Portfolio | 20.00% | |
SPDR Bloomberg 1-10 Year TIPS ETF | 18.00% | |
SPDR Bloomberg High Yield Bond ETF | 7.00% | |
SPDR Dow Jones Global Real Estate ETF | 5.00% | |
SPDR Portfolio Long Term Treasury ETF | 0.00% | |
SPDR Portfolio Intermediate Term Treasury ETF | 0.00% | |
SPDR Portfolio Short Term Treasury ETF | 16.00% | |
SPDR Portfolio Short Term Corporate Bond ETF | 4.00% |
One Year |
Five Years |
Since
Inception |
Inception Date | |||||
Class I | ||||||||
Return Before Taxes | ||||||||
Return After Taxes on Distributions | ||||||||
Return After Taxes on Distributions and Sale of Fund Shares | ||||||||
Class K Return Before Taxes | ||||||||
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) | - |
|||||||
State Street Target Retirement Composite Index (reflects no deduction for fees, expenses or taxes) |
Class I | |
To establish an account | None |
To add to an existing account | None |
Class K | |
To establish an account | None |
To add to an existing account | None |
Class R3 | |
To establish an account | None |
To add to an existing account | None |
Underlying Funds | Retirement | 2020 | 2025 | 2030 | 2035 | 2040 | ||||||
State Street Equity 500 Index II Portfolio | 15.58% | 20.00% | 25.97% | 30.65% | 33.14% | 34.85% | ||||||
State Street Small/Mid Cap Equity Index Portfolio | 2.93% | 4.12% | 6.06% | 8.14% | 10.06% | 12.16% | ||||||
State Street Global All Cap Equity ex-U.S. Index Portfolio | 11.50% | 15.25% | 21.72% | 28.22% | 31.93% | 34.74% | ||||||
State Street Aggregate Bond Index Portfolio | 20.00% | 21.19% | 19.88% | 15.99% | 12.18% | 8.25% | ||||||
SPDR Bloomberg 1-10 Year TIPS ETF | 18.00% | 18.00% | 11.71% | 2.47% | 0.00% | 0.00% | ||||||
SPDR Bloomberg High Yield Bond ETF | 7.00% | 7.00% | 6.45% | 5.16% | 2.70% | 0.00% | ||||||
SPDR Dow Jones Global Real Estate ETF | 5.00% | 5.00% | 3.13% | 0.63% | 0.00% | 0.00% | ||||||
SPDR Portfolio Long Term Treasury ETF | 0.00% | 0.00% | 2.63% | 6.13% | 7.00% | 7.00% | ||||||
SPDR Portfolio Intermediate Term Treasury ETF | 0.00% | 0.00% | 1.13% | 2.63% | 3.00% | 3.00% | ||||||
SPDR Portfolio Short Term Treasury ETF | 16.00% | 7.55% | 1.07% | 0.00% | 0.00% | 0.00% | ||||||
SPDR Portfolio Short Term Corporate Bond ETF | 4.00% | 1.89% | 0.27% | 0.00% | 0.00% | 0.00% |
Underlying Funds | 2045 | 2050 | 2055 | 2060 | 2065 | |||||
State Street Equity 500 Index II Portfolio | 35.53% | 35.80% | 35.80% | 35.80% | 35.80% | |||||
State Street Small/Mid Cap Equity Index Portfolio | 14.35% | 15.95% | 15.95% | 15.95% | 15.95% | |||||
State Street Global All Cap Equity ex-U.S. Index Portfolio | 36.87% | 38.25% | 38.25% | 38.25% | 38.25% | |||||
State Street Aggregate Bond Index Portfolio | 3.25% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
SPDR Bloomberg 1-10 Year TIPS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
SPDR Bloomberg High Yield Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
SPDR Dow Jones Global Real Estate ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
SPDR Portfolio Long Term Treasury ETF | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% | |||||
SPDR Portfolio Intermediate Term Treasury ETF | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% | |||||
SPDR Portfolio Short Term Treasury ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
SPDR Portfolio Short Term Corporate Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Target Retirement 2020 Fund | 0.05% |
Target Retirement 2025 Fund | 0.05% |
Target Retirement 2030 Fund | 0.05% |
Target Retirement 2035 Fund | 0.05% |
Target Retirement 2040 Fund | 0.05% |
Target Retirement 2045 Fund | 0.05% |
Target Retirement 2050 Fund | 0.05% |
Target Retirement 2055 Fund | 0.05% |
Target Retirement 2060 Fund | 0.05% |
Target Retirement 2065 Fund | 0.05% |
Target Retirement Fund | 0.05% |
Class I | Class K | Class R3 | |
Availability | Limited to certain investors serviced through a Financial Intermediary receiving a fee from the fund for shareholder servicing or similar services. | Limited to certain investors, including certain financial institutions, qualified recordkeepers and employer-sponsored retirement plans. | Limited to certain investors, including certain financial institutions, qualified recordkeepers and employer-sponsored retirement plans. |
Minimum Initial Investment | There is no minimum investment for Class I shares. | There is no minimum investment for Class K shares. | There is no minimum investment for Class R3 shares. |
Maximum Investment | None. | None. | None. |
Initial (Front-End) Sales Charge | No. Entire purchase price is invested in shares of a Fund. | No. Entire purchase price is invested in shares of a Fund. | No. Entire purchase price is invested in shares of a Fund. |
Deferred (CDSC) Sales Charge | No. | No. | No. |
Distribution and Service (Rule 12b-1) Fees | No. | No. | 0.25% annual fee. |
Redemption Fees | No. | No. | No. |
1. | Banks, broker-dealers and other financial institutions (including registered investment advisers and financial planners) that have entered into agreements with the Fund to purchase Class I shares on behalf of their clients in: |
• | Discretionary and non-discretionary advisory programs; |
• | Fund “supermarkets”; |
• | Asset allocation programs; |
• | Other programs in which the client pays an asset-based fee for advice or for executing transactions in Fund Shares or for otherwise participating in the program; or |
• | Certain other investment programs that do not charge an asset-based fee; |
2. | Defined contribution, defined benefit and other employer-sponsored employee benefit plans, whether or not qualified under the Code. |
1. | Banks, broker-dealers and other financial institutions (including registered investment advisers and financial planners) purchasing Fund Shares on behalf of their clients in: |
• | Discretionary and non-discretionary advisory programs; |
• | Fund "supermarkets"; |
• | Asset allocation programs; |
• | Other programs in which the client pays an asset-based fee for advice or for executing transactions in Fund Shares or for otherwise participating in the program; or |
• | Certain other investment programs that do not charge an asset-based fee; |
2. | Qualified recordkeepers with an applicable agreement maintained with SSGA FD; |
3. | Endowments and foundations, and defined contribution, defined benefit, and other employer-sponsored employee benefit plans, whether or not qualified under the Code; |
4. | Certain other registered open-end investment companies whose shares are distributed by SSGA FD; |
5. | Current or retired Directors or Trustees of the State Street Funds, officers and employees of SSGA, and any of its subsidiaries, such persons' spouses, and children under the age of 21, and trust accounts for which any of such person is a beneficiary; |
6. | Qualified state tuition plans described in Section 529 of the Code and donor-advised charitable gift funds (subject to all applicable terms and conditions); |
7. | Health Savings Accounts under Section 223 of the Code if such accounts are maintained by the Fund at an omnibus level; |
8. | Collective investment trusts. |
1. | 401(k), 403(b), 457, deferred compensation, defined benefit, money purchase pension and profit-sharing retirement plans that require recordkeeping and administrative services. |
2. | They are not available in retail accounts or retail non-retirement accounts; Traditional and Roth IRAs, Coverdell Education Savings Accounts, SEPs, SARSEPs, and SIMPLE IRAs held in brokerage accounts; and 529 college savings plans. |
• | The State Street Funds' transfer agent compiles, monitors and reports account-level information on omnibus and underlying shareholder/participant activity. Depending on the account type, monitoring will be performed on a daily, monthly, quarterly and/or annual basis; |
• | The State Street Funds' distributor has obtained information from each Financial Intermediary holding shares in an omnibus account with the State Street Funds regarding whether the Financial Intermediary has adopted and maintains procedures that are reasonably designed to protect the Funds against harmful short-term trading; and |
• | With respect to State Street Funds that invest in securities that trade on foreign markets, pursuant to the State Street Funds' fair valuation procedures, pricing adjustments may be made based on information received from a third-party, multi-factor fair valuation pricing service. |
1. | Alter, add, or discontinue any conditions of purchase (including eligibility requirements), redemption, exchange, service, or privilege at any time; |
2. | Accept initial purchases by telephone; |
3. | Freeze any account and/or suspend account services if the State Street Funds has received reasonable notice of a dispute regarding the assets in an account, including notice of a dispute between the registered or beneficial account owners, or if we reasonably believe a fraudulent transaction may occur or has occurred; |
4. | Temporarily freeze any account and/or suspend account services upon initial notification to the State Street Funds of the death of the shareholder until the State Street Funds receive required documentation in good order; |
5. | Alter, impose, discontinue, or waive any redemption fee, account service fee, or other fees charged to a group of shareholders; and |
6. | Redeem an account or suspend account privileges, without the owner's permission to do so, in cases of threatening conduct or activity the State Street Funds believe to be suspicious, fraudulent, or illegal. |
• | Reinvestment Option—Dividends and capital gain distributions will be automatically reinvested in additional shares of a Fund. If you do not indicate a choice on the application, this option will be automatically assigned. |
• | Income-Earned Option—Capital gain distributions will be automatically reinvested, but a check, direct deposit or wire will be sent for each dividend distribution. |
• | Cash Option—A check, wire or direct deposit will be sent for each dividend and capital gain distribution. |
• | Direct Dividends Option—Dividends and capital gain distributions will be automatically invested in another identically registered State Street Fund of the same share class. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$12.22 | $11.39 | $10.29 | $11.34 | $10.27 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.17 | 0.40 | 0.32 | 0.43 | 0.25 | ||||
Net realized and unrealized gain (loss)
|
0.90 | 0.92 | 1.48 | (0.90) | 1.13 | ||||
Total from investment operations
|
1.07 | 1.32 | 1.80 | (0.47) | 1.38 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.28) | (0.25) | (0.33) | (0.29) | (0.23) | ||||
Net realized gains
|
(0.57) | (0.24) | (0.37) | (0.29) | (0.08) | ||||
Total distributions
|
(0.85) | (0.49) | (0.70) | (0.58) | (0.31) | ||||
Net asset value, end of period
|
$12.44 | $12.22 | $11.39 | $10.29 | $11.34 | ||||
Total return (b)
|
8.79% | 11.57% | 17.53% | (4.17)%(c) | 13.38% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$3,059 | $41,182 | $2,116 | $1,798 | $680 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.40% | 0.19% | 0.15% | 0.16% | 0.15% | ||||
Net expenses (d)
|
0.24% | 0.03% | 0.01% | 0.02% | 0.01% | ||||
Net investment income (loss)
|
1.36% | 3.39% | 2.83% | 3.85% | 2.29% | ||||
Portfolio turnover rate
|
27% | 37% | 21% | 22% | 18% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (4.17)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$12.23 | $11.40 | $10.29 | $11.34 | $10.28 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.33 | 0.24 | 0.33 | 0.29 | 0.29 | ||||
Net realized and unrealized gain (loss)
|
0.84 | 1.08 | 1.48 | (0.76) | 1.08 | ||||
Total from investment operations
|
1.17 | 1.32 | 1.81 | (0.47) | 1.37 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.32) | (0.25) | (0.33) | (0.29) | (0.23) | ||||
Net realized gains
|
(0.57) | (0.24) | (0.37) | (0.29) | (0.08) | ||||
Total distributions
|
(0.89) | (0.49) | (0.70) | (0.58) | (0.31) | ||||
Net asset value, end of period
|
$12.51 | $12.23 | $11.40 | $10.29 | $11.34 | ||||
Total return (b)
|
9.55% | 11.68% | 17.55% | (4.16)%(c) | 13.38% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$987,323 | $820,938 | $783,033 | $847,142 | $775,643 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.13% | 0.14% | 0.14% | 0.15% | 0.15% | ||||
Net expenses (d)
|
(0.02)%(e) | (0.03)%(e) | (0.01)%(e) | 0.01% | 0.02% | ||||
Net investment income (loss)
|
2.53% | 2.13% | 2.88% | 2.60% | 2.67% | ||||
Portfolio turnover rate
|
27% | 37% | 21% | 22% | 18% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (4.16)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(e) | Due to the Fund waiving acquired Fund fees, the waiver exceeded total fund expenses. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$13.06 | $11.92 | $10.53 | $11.74 | $10.33 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.15 | 0.50 | 0.37 | 0.23 | 0.26 | ||||
Net realized and unrealized gain (loss)
|
1.16 | 1.26 | 1.81 | (0.87) | 1.45 | ||||
Total from investment operations
|
1.31 | 1.76 | 2.18 | (0.64) | 1.71 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.29) | (0.25) | (0.33) | (0.29) | (0.23) | ||||
Net realized gains
|
(0.58) | (0.37) | (0.46) | (0.28) | (0.07) | ||||
Total distributions
|
(0.87) | (0.62) | (0.79) | (0.57) | (0.30) | ||||
Net asset value, end of period
|
$13.50 | $13.06 | $11.92 | $10.53 | $11.74 | ||||
Total return (b)
|
10.03% | 14.66% | 20.76% | (5.48)%(c) | 16.54% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$5,301 | $59,792 | $2,019 | $1,155 | $2,232 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.38% | 0.19% | 0.15% | 0.15% | 0.15% | ||||
Net expenses (d)
|
0.25% | 0.04% | 0.02% | 0.05% | 0.03% | ||||
Net investment income (loss)
|
1.11% | 3.96% | 3.10% | 1.98% | 2.36% | ||||
Portfolio turnover rate
|
24% | 39% | 27% | 15% | 10% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (5.48)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$13.09 | $11.94 | $10.55 | $11.75 | $10.34 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.36 | 0.27 | 0.33 | 0.31 | 0.30 | ||||
Net realized and unrealized gain (loss)
|
1.06 | 1.50 | 1.85 | (0.94) | 1.41 | ||||
Total from investment operations
|
1.42 | 1.77 | 2.18 | (0.63) | 1.71 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.33) | (0.25) | (0.33) | (0.29) | (0.23) | ||||
Net realized gains
|
(0.58) | (0.37) | (0.46) | (0.28) | (0.07) | ||||
Total distributions
|
(0.91) | (0.62) | (0.79) | (0.57) | (0.30) | ||||
Net asset value, end of period
|
$13.60 | $13.09 | $11.94 | $10.55 | $11.75 | ||||
Total return (b)
|
10.81% | 14.84% | 20.63% | (5.38)%(c) | 16.52% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,738,831 | $1,228,301 | $1,035,188 | $1,007,169 | $830,080 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.13% | 0.14% | 0.14% | 0.14% | 0.15% | ||||
Net expenses (d)
|
0.00%(e) | (0.01)%(f) | 0.01% | 0.04% | 0.04% | ||||
Net investment income (loss)
|
2.57% | 2.24% | 2.83% | 2.63% | 2.63% | ||||
Portfolio turnover rate
|
24% | 39% | 27% | 15% | 10% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (5.38)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(e) | Amount is less than 0.005%. |
(f) | Due to the Fund waiving acquired Fund fees, the waiver exceeded total fund expenses. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$13.70 | $12.26 | $10.67 | $11.98 | $10.37 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.11 | 0.53 | 0.38 | 0.29 | 0.25 | ||||
Net realized and unrealized gain (loss)
|
1.36 | 1.58 | 2.03 | (1.05) | 1.64 | ||||
Total from investment operations
|
1.47 | 2.11 | 2.41 | (0.76) | 1.89 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.27) | (0.24) | (0.32) | (0.27) | (0.23) | ||||
Net realized gains
|
(0.61) | (0.43) | (0.50) | (0.28) | (0.05) | ||||
Total distributions
|
(0.88) | (0.67) | (0.82) | (0.55) | (0.28) | ||||
Net asset value, end of period
|
$14.29 | $13.70 | $12.26 | $10.67 | $11.98 | ||||
Total return (b)
|
10.76% | 17.26% | 22.55% | (6.24)% | 18.27% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$8,838 | $69,750 | $2,837 | $1,768 | $1,716 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (c)
|
0.37% | 0.19% | 0.15% | 0.15% | 0.15% | ||||
Net expenses (c)
|
0.27% | 0.08% | 0.04% | 0.07% | 0.06% | ||||
Net investment income (loss)
|
0.74% | 4.00% | 3.12% | 2.44% | 2.25% | ||||
Portfolio turnover rate
|
22% | 27% | 30% | 12% | 7% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$13.72 | $12.27 | $10.69 | $12.00 | $10.38 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.35 | 0.27 | 0.33 | 0.29 | 0.28 | ||||
Net realized and unrealized gain (loss)
|
1.21 | 1.86 | 2.07 | (1.04) | 1.62 | ||||
Total from investment operations
|
1.56 | 2.13 | 2.40 | (0.75) | 1.90 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.31) | (0.25) | (0.32) | (0.28) | (0.23) | ||||
Net realized gains
|
(0.61) | (0.43) | (0.50) | (0.28) | (0.05) | ||||
Total distributions
|
(0.92) | (0.68) | (0.82) | (0.56) | (0.28) | ||||
Net asset value, end of period
|
$14.36 | $13.72 | $12.27 | $10.69 | $12.00 | ||||
Total return (b)
|
11.37% | 17.24% | 22.52% | (6.22)% | 18.35% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$2,055,047 | $1,367,241 | $1,072,332 | $960,339 | $778,969 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (c)
|
0.12% | 0.14% | 0.14% | 0.14% | 0.15% | ||||
Net expenses (c)
|
0.03% | 0.03% | 0.03% | 0.06% | 0.06% | ||||
Net investment income (loss)
|
2.37% | 2.13% | 2.75% | 2.43% | 2.46% | ||||
Portfolio turnover rate
|
22% | 27% | 30% | 12% | 7% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.16 | $12.54 | $10.80 | $12.18 | $10.43 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.06 | 0.56 | 0.36 | 0.30 | 0.13 | ||||
Net realized and unrealized gain (loss)
|
1.55 | 1.71 | 2.19 | (1.14) | 1.91 | ||||
Total from investment operations
|
1.61 | 2.27 | 2.55 | (0.84) | 2.04 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.26) | (0.24) | (0.30) | (0.26) | (0.22) | ||||
Net realized gains
|
(0.55) | (0.41) | (0.51) | (0.28) | (0.07) | ||||
Total distributions
|
(0.81) | (0.65) | (0.81) | (0.54) | (0.29) | ||||
Net asset value, end of period
|
$14.96 | $14.16 | $12.54 | $10.80 | $12.18 | ||||
Total return (b)
|
11.38% | 18.05% | 23.62% | (6.88)%(c) | 19.56% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$4,878 | $49,518 | $1,193 | $442 | $371 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.38% | 0.20% | 0.21% | 0.16% | 0.17% | ||||
Net expenses (d)
|
0.29% | 0.10% | 0.12% | 0.07% | 0.07% | ||||
Net investment income (loss)
|
0.41% | 4.14% | 2.95% | 2.49% | 1.10% | ||||
Portfolio turnover rate
|
19% | 22% | 28% | 13% | 6% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (6.88)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.21 | $12.57 | $10.83 | $12.21 | $10.44 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.34 | 0.26 | 0.32 | 0.28 | 0.27 | ||||
Net realized and unrealized gain (loss)
|
1.39 | 2.03 | 2.24 | (1.12) | 1.79 | ||||
Total from investment operations
|
1.73 | 2.29 | 2.56 | (0.84) | 2.06 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.30) | (0.24) | (0.31) | (0.26) | (0.22) | ||||
Net realized gains
|
(0.55) | (0.41) | (0.51) | (0.28) | (0.07) | ||||
Total distributions
|
(0.85) | (0.65) | (0.82) | (0.54) | (0.29) | ||||
Net asset value, end of period
|
$15.09 | $14.21 | $12.57 | $10.83 | $12.21 | ||||
Total return (b)
|
12.18% | 18.19% | 23.61% | (6.85)%(c) | 19.73% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,863,635 | $1,215,824 | $907,369 | $796,187 | $584,717 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.13% | 0.14% | 0.15% | 0.15% | 0.17% | ||||
Net expenses (d)
|
0.04% | 0.04% | 0.05% | 0.07% | 0.08% | ||||
Net investment income (loss)
|
2.26% | 2.03% | 2.60% | 2.30% | 2.34% | ||||
Portfolio turnover rate
|
19% | 22% | 28% | 13% | 6% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (6.85)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.35 | $12.65 | $10.79 | $12.26 | $10.39 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.02 | 0.58 | 0.29 | 0.31 | 0.24 | ||||
Net realized and unrealized gain (loss)
|
1.67 | 1.79 | 2.37 | (1.23) | 1.91 | ||||
Total from investment operations
|
1.69 | 2.37 | 2.66 | (0.92) | 2.15 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.26) | (0.23) | (0.30) | (0.26) | (0.23) | ||||
Net realized gains
|
(0.59) | (0.44) | (0.50) | (0.29) | (0.05) | ||||
Total distributions
|
(0.85) | (0.67) | (0.80) | (0.55) | (0.28) | ||||
Net asset value, end of period
|
$15.19 | $14.35 | $12.65 | $10.79 | $12.26 | ||||
Total return (b)
|
11.75% | 18.70% | 24.64% | (7.46)%(c) | 20.59% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$2,991 | $51,116 | $1,398 | $1,247 | $912 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.39% | 0.20% | 0.17% | 0.19% | 0.17% | ||||
Net expenses (d)
|
0.32% | 0.10% | 0.07% | 0.09% | 0.07% | ||||
Net investment income (loss)
|
0.12% | 4.25% | 2.33% | 2.50% | 2.14% | ||||
Portfolio turnover rate
|
19% | 19% | 32% | 11% | 6% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.46)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.36 | $12.66 | $10.79 | $12.27 | $10.40 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.35 | 0.25 | 0.32 | 0.28 | 0.26 | ||||
Net realized and unrealized gain (loss)
|
1.54 | 2.12 | 2.35 | (1.21) | 1.89 | ||||
Total from investment operations
|
1.89 | 2.37 | 2.67 | (0.93) | 2.15 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.30) | (0.23) | (0.30) | (0.26) | (0.23) | ||||
Net realized gains
|
(0.59) | (0.44) | (0.50) | (0.29) | (0.05) | ||||
Total distributions
|
(0.89) | (0.67) | (0.80) | (0.55) | (0.28) | ||||
Net asset value, end of period
|
$15.36 | $14.36 | $12.66 | $10.79 | $12.27 | ||||
Total return (b)
|
13.15% | 18.79% | 24.66% | (7.52)%(c) | 20.69% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,677,750 | $1,076,641 | $778,976 | $636,762 | $458,132 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.13% | 0.15% | 0.16% | 0.16% | 0.17% | ||||
Net expenses (d)
|
0.05% | 0.05% | 0.05% | 0.07% | 0.07% | ||||
Net investment income (loss)
|
2.23% | 1.94% | 2.63% | 2.24% | 2.30% | ||||
Portfolio turnover rate
|
19% | 19% | 32% | 11% | 6% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.52)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.58 | $12.72 | $10.77 | $12.29 | $10.36 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.03 | 0.58 | 0.29 | 0.33 | 0.20 | ||||
Net realized and unrealized gain (loss)
|
1.88 | 1.87 | 2.45 | (1.31) | 2.02 | ||||
Total from investment operations
|
1.91 | 2.45 | 2.74 | (0.98) | 2.22 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.28) | (0.22) | (0.30) | (0.26) | (0.24) | ||||
Net realized gains
|
(0.49) | (0.37) | (0.49) | (0.28) | (0.05) | ||||
Total distributions
|
(0.77) | (0.59) | (0.79) | (0.54) | (0.29) | ||||
Net asset value, end of period
|
$15.72 | $14.58 | $12.72 | $10.77 | $12.29 | ||||
Total return (b)
|
13.08% | 19.26% | 25.45% | (7.96)%(c) | 21.45% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$2,357 | $23,059 | $962 | $787 | $762 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.39% | 0.21% | 0.21% | 0.20% | 0.21% | ||||
Net expenses (d)
|
0.30% | 0.10% | 0.09% | 0.08% | 0.06% | ||||
Net investment income (loss)
|
0.17% | 4.27% | 2.34% | 2.68% | 1.73% | ||||
Portfolio turnover rate
|
17% | 18% | 32% | 11% | 5% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.96)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.58 | $12.72 | $10.77 | $12.29 | $10.36 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.37 | 0.25 | 0.32 | 0.28 | 0.28 | ||||
Net realized and unrealized gain (loss)
|
1.65 | 2.21 | 2.42 | (1.26) | 1.94 | ||||
Total from investment operations
|
2.02 | 2.46 | 2.74 | (0.98) | 2.22 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.32) | (0.23) | (0.30) | (0.26) | (0.24) | ||||
Net realized gains
|
(0.49) | (0.37) | (0.49) | (0.28) | (0.05) | ||||
Total distributions
|
(0.81) | (0.60) | (0.79) | (0.54) | (0.29) | ||||
Net asset value, end of period
|
$15.79 | $14.58 | $12.72 | $10.77 | $12.29 | ||||
Total return (b)
|
13.83% | 19.28% | 25.49% | (7.94)%(c) | 21.45% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,409,868 | $847,354 | $587,488 | $465,425 | $300,444 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.14% | 0.16% | 0.17% | 0.19% | 0.21% | ||||
Net expenses (d)
|
0.05% | 0.05% | 0.05% | 0.07% | 0.07% | ||||
Net investment income (loss)
|
2.32% | 1.93% | 2.62% | 2.29% | 2.39% | ||||
Portfolio turnover rate
|
17% | 18% | 32% | 11% | 5% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.94)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.48 | $12.60 | $10.70 | $12.24 | $10.33 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.00(b) | 0.61 | 0.28 | 0.37 | 0.15 | ||||
Net realized and unrealized gain (loss)
|
1.90 | 1.87 | 2.47 | (1.37) | 2.06 | ||||
Total from investment operations
|
1.90 | 2.48 | 2.75 | (1.00) | 2.21 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.28) | (0.22) | (0.29) | (0.26) | (0.25) | ||||
Net realized gains
|
(0.48) | (0.38) | (0.56) | (0.28) | (0.05) | ||||
Total distributions
|
(0.76) | (0.60) | (0.85) | (0.54) | (0.30) | ||||
Net asset value, end of period
|
$15.62 | $14.48 | $12.60 | $10.70 | $12.24 | ||||
Total return (c)
|
13.12% | 19.67% | 25.76% | (8.14)% | 21.30% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,596 | $24,016 | $448 | $374 | $240 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.41% | 0.24% | 0.25% | 0.25% | 0.25% | ||||
Net expenses (d)
|
0.31% | 0.10% | 0.09% | 0.08% | 0.06% | ||||
Net investment income (loss)
|
0.02% | 4.48% | 2.32% | 3.05% | 1.34% | ||||
Portfolio turnover rate
|
17% | 16% | 41% | 11% | 5% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Amount is less than $0.005 per share. |
(c) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.49 | $12.60 | $10.70 | $12.24 | $10.33 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.38 | 0.25 | 0.34 | 0.28 | 0.27 | ||||
Net realized and unrealized gain (loss)
|
1.70 | 2.24 | 2.42 | (1.28) | 1.94 | ||||
Total from investment operations
|
2.08 | 2.49 | 2.76 | (1.00) | 2.21 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.32) | (0.22) | (0.30) | (0.26) | (0.25) | ||||
Net realized gains
|
(0.48) | (0.38) | (0.56) | (0.28) | (0.05) | ||||
Total distributions
|
(0.80) | (0.60) | (0.86) | (0.54) | (0.30) | ||||
Net asset value, end of period
|
$15.77 | $14.49 | $12.60 | $10.70 | $12.24 | ||||
Total return (b)
|
14.37% | 19.76% | 25.81% | (8.13)% | 21.42% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$1,021,959 | $587,556 | $380,668 | $300,431 | $212,217 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (c)
|
0.15% | 0.19% | 0.21% | 0.23% | 0.25% | ||||
Net expenses (c)
|
0.05% | 0.05% | 0.05% | 0.07% | 0.07% | ||||
Net investment income (loss)
|
2.42% | 1.98% | 2.74% | 2.30% | 2.37% | ||||
Portfolio turnover rate
|
17% | 16% | 41% | 11% | 5% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.72 | $12.68 | $10.70 | $12.25 | $10.32 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.01 | 0.63 | 0.33 | 0.31 | 0.11 | ||||
Net realized and unrealized gain (loss)
|
1.95 | 1.86 | 2.41 | (1.29) | 2.11 | ||||
Total from investment operations
|
1.96 | 2.49 | 2.74 | (0.98) | 2.22 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.28) | (0.22) | (0.30) | (0.25) | (0.24) | ||||
Net realized gains
|
(0.42) | (0.23) | (0.46) | (0.32) | (0.05) | ||||
Total distributions
|
(0.70) | (0.45) | (0.76) | (0.57) | (0.29) | ||||
Net asset value, end of period
|
$15.98 | $14.72 | $12.68 | $10.70 | $12.25 | ||||
Total return (b)
|
13.32% | 19.60% | 25.65% | (7.93)%(c) | 21.60% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$715 | $8,940 | $241 | $130 | $105 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.44% | 0.32% | 0.30% | 0.40% | 0.52% | ||||
Net expenses (d)
|
0.31% | 0.09% | 0.05% | 0.07% | 0.06% | ||||
Net investment income (loss)
|
0.05% | 4.61% | 2.69% | 2.53% | 0.95% | ||||
Portfolio turnover rate
|
15% | 18% | 42% | 16% | 7% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.93)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.70 | $12.66 | $10.68 | $12.23 | $10.31 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.40 | 0.26 | 0.35 | 0.30 | 0.31 | ||||
Net realized and unrealized gain (loss)
|
1.71 | 2.23 | 2.39 | (1.28) | 1.90 | ||||
Total from investment operations
|
2.11 | 2.49 | 2.74 | (0.98) | 2.21 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.33) | (0.22) | (0.30) | (0.25) | (0.24) | ||||
Net realized gains
|
(0.42) | (0.23) | (0.46) | (0.32) | (0.05) | ||||
Total distributions
|
(0.75) | (0.45) | (0.76) | (0.57) | (0.29) | ||||
Net asset value, end of period
|
$16.06 | $14.70 | $12.66 | $10.68 | $12.23 | ||||
Total return (b)
|
14.31% | 19.65% | 25.70% | (7.94)%(c) | 21.53% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$641,834 | $323,975 | $195,598 | $132,520 | $81,529 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.18% | 0.27% | 0.30% | 0.40% | 0.51% | ||||
Net expenses (d)
|
0.05% | 0.04% | 0.05% | 0.07% | 0.07% | ||||
Net investment income (loss)
|
2.52% | 2.05% | 2.86% | 2.49% | 2.67% | ||||
Portfolio turnover rate
|
15% | 18% | 42% | 16% | 7% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (7.94)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.69 | $12.53 | $10.28 | $11.91 | $10.09 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.05 | 0.59 | 0.29 | 0.30 | 0.15 | ||||
Net realized and unrealized gain (loss)
|
1.97 | 1.87 | 2.37 | (1.27) | 2.01 | ||||
Total from investment operations
|
2.02 | 2.46 | 2.66 | (0.97) | 2.16 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.29) | (0.22) | (0.28) | (0.24) | (0.23) | ||||
Net realized gains
|
(0.36) | (0.08) | (0.13) | (0.42) | (0.11) | ||||
Total distributions
|
(0.65) | (0.30) | (0.41) | (0.66) | (0.34) | ||||
Net asset value, end of period
|
$16.06 | $14.69 | $12.53 | $10.28 | $11.91 | ||||
Total return (b)
|
13.75% | 19.61% | 25.86% | (8.13)% | 21.45% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$633 | $3,458 | $163 | $121 | $103 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (c)
|
0.50% | 0.54% | 0.85% | 1.56% | 3.13% | ||||
Net expenses (c)
|
0.28% | 0.09% | 0.04% | 0.06% | 0.06% | ||||
Net investment income (loss)
|
0.33% | 4.41% | 2.42% | 2.55% | 1.31% | ||||
Portfolio turnover rate
|
13% | 25% | 29% | 38% | 18% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$14.69 | $12.53 | $10.28 | $11.91 | $10.08 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.43 | 0.27 | 0.39 | 0.34 | 0.33 | ||||
Net realized and unrealized gain (loss)
|
1.68 | 2.19 | 2.27 | (1.31) | 1.84 | ||||
Total from investment operations
|
2.11 | 2.46 | 2.66 | (0.97) | 2.17 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.33) | (0.22) | (0.28) | (0.24) | (0.23) | ||||
Net realized gains
|
(0.36) | (0.08) | (0.13) | (0.42) | (0.11) | ||||
Total distributions
|
(0.69) | (0.30) | (0.41) | (0.66) | (0.34) | ||||
Net asset value, end of period
|
$16.11 | $14.69 | $12.53 | $10.28 | $11.91 | ||||
Total return (b)
|
14.34% | 19.63% | 25.87% | (8.13)% | 21.57% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$314,182 | $137,392 | $74,373 | $25,829 | $12,141 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (c)
|
0.28% | 0.49% | 0.84% | 1.56% | 3.07% | ||||
Net expenses (c)
|
0.05% | 0.04% | 0.04% | 0.06% | 0.07% | ||||
Net investment income (loss)
|
2.68% | 2.12% | 3.33% | 2.87% | 2.94% | ||||
Portfolio turnover rate
|
13% | 25% | 29% | 38% | 18% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
Class I | |||
Year
Ended 12/31/21 |
For
the Period 3/30/20*- 12/31/20 | ||
Net asset value, beginning of period
|
$13.69 | $10.00 | |
Income (loss) from investment operations: | |||
Net investment income (loss) (a)
|
0.31 | 0.19 | |
Net realized and unrealized gain (loss)
|
1.62 | 4.13 | |
Total from investment operations
|
1.93 | 4.32 | |
Distributions to shareholders from: | |||
Net investment income
|
(0.26) | (0.23) | |
Net realized gains
|
(0.14) | (0.40) | |
Total distributions
|
(0.40) | (0.63) | |
Net asset value, end of period
|
$15.22 | $13.69 | |
Total return (b)
|
14.09% | 43.15% | |
Ratios and Supplemental Data: | |||
Net assets, end of period (in 000s)
|
$178 | $137 | |
Ratios to Average Net Assets: | |||
Total expenses (c)
|
1.45% | 12.01%(d) | |
Net expenses (c)
|
0.25% | 0.22%(d) | |
Net investment income (loss)
|
2.05% | 2.08%(d) | |
Portfolio turnover rate
|
20% | 86%(e) |
* | Commencement of operations. |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(d) | Annualized. |
(e) | Not annualized. |
Class K | |||
Year
Ended 12/31/21 |
For
the Period 3/30/20*- 12/31/20 | ||
Net asset value, beginning of period
|
$13.69 | $10.00 | |
Income (loss) from investment operations: | |||
Net investment income (loss) (a)
|
0.61 | 0.45 | |
Net realized and unrealized gain (loss)
|
1.36 | 3.88 | |
Total from investment operations
|
1.97 | 4.33 | |
Distributions to shareholders from: | |||
Net investment income
|
(0.29) | (0.24) | |
Net realized gains
|
(0.14) | (0.40) | |
Total distributions
|
(0.43) | (0.64) | |
Net asset value, end of period
|
$15.23 | $13.69 | |
Total return (b)
|
14.39% | 43.34% | |
Ratios and Supplemental Data: | |||
Net assets, end of period (in 000s)
|
$43,241 | $3,557 | |
Ratios to Average Net Assets: | |||
Total expenses (c)
|
1.25% | 11.81%(d) | |
Net expenses (c)
|
0.05% | 0.02%(d) | |
Net investment income (loss)
|
4.06% | 4.70%(d) | |
Portfolio turnover rate
|
20% | 86%(e) |
* | For the period March 30, 2020 (commencement of investment operations) through December 31, 2020. (See Note 1) |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(d) | Annualized. |
(e) | Not annualized. |
Class I | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$11.99 | $11.05 | $10.02 | $10.73 | $10.12 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.17 | 0.38 | 0.29 | 0.28 | 0.19 | ||||
Net realized and unrealized gain (loss)
|
0.65 | 0.75 | 1.11 | (0.55) | 0.71 | ||||
Total from investment operations
|
0.82 | 1.13 | 1.40 | (0.27) | 0.90 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.28) | (0.18) | (0.31) | (0.29) | (0.20) | ||||
Net realized gains
|
(0.52) | (0.01) | (0.06) | (0.15) | (0.09) | ||||
Total distributions
|
(0.80) | (0.19) | (0.37) | (0.44) | (0.29) | ||||
Net asset value, end of period
|
$12.01 | $11.99 | $11.05 | $10.02 | $10.73 | ||||
Total return (b)
|
6.87% | 10.25% | 13.98% | (2.50)%(c) | 8.92% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$906 | $21,801 | $78 | $108 | $139 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.42% | 0.24% | 0.24% | 0.25% | 0.36% | ||||
Net expenses (d)
|
0.24% | 0.02% | (0.03)%(e) | (0.03)%(e) | (0.05)%(e) | ||||
Net investment income (loss)
|
1.36% | 3.26% | 2.64% | 2.62% | 1.78% | ||||
Portfolio turnover rate
|
33% | 24% | 26% | 53% | 25% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (2.50)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(e) | Due to the Fund waiving acquired Fund fees, the waiver exceeded total fund expenses. |
Class K | |||||||||
Year
Ended 12/31/21 |
Year
Ended 12/31/20 |
Year
Ended 12/31/19 |
Year
Ended 12/31/18 |
Year
Ended 12/31/17 | |||||
Net asset value, beginning of period
|
$11.97 | $11.03 | $10.00 | $10.71 | $10.12 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (a)
|
0.30 | 0.26 | 0.32 | 0.29 | 0.28 | ||||
Net realized and unrealized gain (loss)
|
0.64 | 0.87 | 1.08 | (0.56) | 0.60 | ||||
Total from investment operations
|
0.94 | 1.13 | 1.40 | (0.27) | 0.88 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.31) | (0.18) | (0.31) | (0.29) | (0.20) | ||||
Net realized gains
|
(0.52) | (0.01) | (0.06) | (0.15) | (0.09) | ||||
Total distributions
|
(0.83) | (0.19) | (0.37) | (0.44) | (0.29) | ||||
Net asset value, end of period
|
$12.08 | $11.97 | $11.03 | $10.00 | $10.71 | ||||
Total return (b)
|
7.92% | 10.29% | 14.00% | (2.50)%(c) | 8.83% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$635,314 | $491,138 | $219,066 | $200,840 | $135,420 | ||||
Ratios to Average Net Assets: | |||||||||
Total expenses (d)
|
0.15% | 0.19% | 0.24% | 0.24% | 0.36% | ||||
Net expenses (d)
|
(0.03)%(e) | (0.03)%(e) | (0.03)%(e) | (0.04)%(e) | (0.02)%(e) | ||||
Net investment income (loss)
|
2.40% | 2.29% | 2.92% | 2.69% | 2.61% | ||||
Portfolio turnover rate
|
33% | 24% | 26% | 53% | 25% |
(a) | Net investment income per share is calculated using the average shares method. |
(b) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of the Fund. Total return for periods of less than one year are not annualized. Results represent past performance and are not indicative of future results. |
(c) | If the Affiliates had not made a contribution during the period ended December 31, 2018, total return would have remained (2.50)%. |
(d) | Does not include expenses of the Underlying Funds in which the Fund invests. |
(e) | Due to the Fund waiving acquired Fund fees, the waiver exceeded total fund expenses. |
Online: | www.ssga.com | 24 hours a day, 7 days a week |
Phone: | (800) 647-7327 | Monday – Friday 7:00 am – 5:00 pm EST |
Regular mail | Overnight/ Registered, Express, Certified Mail |
State
Street Funds P.O. Box 219737 Kansas City, MO 64121-9737 |
State
Street Funds 430 W 7th Street Suite 219737 Kansas City, MO 64105-1407 |
SSITTDSTATPRO | The State Street Institutional Investment Trust's Investment Company Act File Number is 811-09819. |