|
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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
16.47
% |
State
Street Small/Mid Cap Equity Index Portfolio |
3.16
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
12.25
% |
State
Street Aggregate Bond Index Portfolio |
20.66
% |
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 Short Term Treasury ETF |
13.97
% |
SPDR
Portfolio Short Term Corporate Bond ETF |
3.49
% |
|
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
22.37
% |
State
Street Small/Mid Cap Equity Index Portfolio |
4.85
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
17.53
% |
State
Street Aggregate Bond Index Portfolio |
20.62
% |
SPDR
Bloomberg 1‑10 Year TIPS ETF |
16.78
% |
SPDR
Bloomberg High Yield Bond ETF |
6.91
% |
SPDR
Dow Jones Global Real Estate ETF |
4.63
% |
SPDR
Portfolio Long Term Treasury ETF |
0.75
% |
SPDR
Portfolio Short Term Treasury ETF |
4.45
% |
SPDR
Portfolio Short Term Corporate Bond ETF |
1.11
% |
|
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
28.24
% |
State
Street Small/Mid Cap Equity Index Portfolio |
6.94
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
24.58
% |
State
Street Aggregate Bond Index Portfolio |
18.21
% |
SPDR
Bloomberg 1‑10 Year TIPS ETF |
8.14
% |
SPDR
Bloomberg High Yield Bond ETF |
6.03
% |
SPDR
Dow Jones Global Real Estate ETF |
2.13
% |
SPDR
Portfolio Long Term Treasury ETF |
5.75
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
31.73
% |
State
Street Small/Mid Cap Equity Index Portfolio |
8.88
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
30.02
% |
State
Street Aggregate Bond Index Portfolio |
15.01
% |
SPDR
Bloomberg 1‑10 Year TIPS ETF |
0.00
% |
SPDR
Bloomberg High Yield Bond ETF |
4.36
% |
SPDR
Dow Jones Global Real Estate ETF |
0.00
% |
SPDR
Portfolio Long Term Treasury ETF |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
34.01
% |
State
Street Small/Mid Cap Equity Index Portfolio |
10.91
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
33.20
% |
State
Street Aggregate Bond Index Portfolio |
10.70
% |
SPDR
Bloomberg 1‑10 Year TIPS ETF |
0.00
% |
SPDR
Bloomberg High Yield Bond ETF |
1.17
% |
SPDR
Dow Jones Global Real Estate ETF |
0.00
% |
SPDR
Portfolio Long Term Treasury ETF |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
35.16
% |
State
Street Small/Mid Cap Equity Index Portfolio |
13.00
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
35.59
% |
State
Street Aggregate Bond Index Portfolio |
6.25
% |
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 |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
35.71
% |
State
Street Small/Mid Cap Equity Index Portfolio |
15.32
% |
State
Street Global All Cap Equity ex‑U.S. Index Portfolio |
37.72
% |
State
Street Aggregate Bond Index Portfolio |
1.25
% |
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 |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
10.00
% |
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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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
Expenses |
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements1
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 |
10.00
% |
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 Returns Before Taxes |
% |
% |
|
Class
R3 Returns 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
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less
Fee Waivers and/or Expense Reimbursements2
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
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 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 Returns Before Taxes |
% |
% |
% |
|
Class
R3 Returns 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 |
15.57
% |
16.47
% |
22.37
% |
28.24
% |
31.73
% |
34.01
% |
State
Street Small/Mid Cap Equity Index Portfolio |
2.93
% |
3.16
% |
4.85
% |
6.94
% |
8.88
% |
10.91
% |
State
Street Global All Cap Equity ex-U.S. Index Portfolio |
11.50
% |
12.25
% |
17.53
% |
24.58
% |
30.02
% |
33.20
% |
State
Street Aggregate Bond Index Portfolio |
20.00
% |
20.26
% |
20.62
% |
18.21
% |
15.01
% |
10.70
% |
SPDR
Bloomberg 1-10 Year TIPS ETF |
18.00
% |
18.00
% |
16.78
% |
8.14
% |
0.00
% |
0.00
% |
SPDR
Bloomberg High Yield Bond ETF |
7.00
% |
7.00
% |
6.91
% |
6.03
% |
4.36
% |
1.17
% |
SPDR
Dow Jones Global Real Estate ETF |
5.00
% |
5.00
% |
4.63
% |
2.13
% |
0.00
% |
0.00
% |
SPDR
Portfolio Long Term Treasury ETF |
0.00
% |
0.00
% |
0.75
% |
5.75
% |
10.00
% |
10.00
% |
SPDR
Portfolio Short Term Treasury ETF |
16.00
% |
13.97
% |
4.45
% |
0.00
% |
0.00
% |
0.00
% |
SPDR
Portfolio Short Term Corporate Bond ETF |
4.00
% |
3.49
% |
1.11
% |
0.00
% |
0.00
% |
0.00
% |
Underlying
Funds |
2045 |
2050 |
2055 |
2060 |
2065 |
State
Street Equity 500 Index II Portfolio |
35.16
% |
35.71
% |
35.80
% |
35.80
% |
35.80
% |
State
Street Small/Mid Cap Equity Index Portfolio |
13.00
% |
15.32
% |
15.95
% |
15.95
% |
15.95
% |
State
Street Global All Cap Equity ex-U.S. Index Portfolio |
35.59
% |
37.72
% |
38.25
% |
38.25
% |
38.25
% |
State
Street Aggregate Bond Index Portfolio |
6.25
% |
1.25
% |
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 |
10.00
% |
10.00
% |
10.00
% |
10.00
% |
10.00
% |
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 |
None. |
None. |
None. |
Maximum
Investment |
None. |
None. |
None. |
Initial
(Front-End) Sales
Charge |
None.
Entire purchase
price
is invested in shares
of
a Fund. |
None.
Entire purchase
price
is invested in shares
of
a Fund. |
None.
Entire purchase
price
is invested in shares
of
a Fund. |
Deferred
(CDSC) Sales
Charge |
None. |
None. |
None. |
Distribution
and Service
(Rule
12b-1) Fees |
None. |
None. |
0.25%
annual fee. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.01 |
$12.44 |
$12.22 |
$11.39 |
$10.29 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.34 |
0.31 |
0.17 |
0.40 |
0.32 |
Net
realized and unrealized gain (loss) |
0.80 |
(1.99
) |
0.90 |
0.92 |
1.48 |
Total
from investment operations |
1.14 |
(1.68
) |
1.07 |
1.32 |
1.80 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.35
) |
(0.32
) |
(0.28
) |
(0.25
) |
(0.33
) |
Net
realized gains |
(0.23
) |
(0.43
) |
(0.57
) |
(0.24
) |
(0.37
) |
Total
distributions |
(0.58
) |
(0.75
) |
(0.85
) |
(0.49
) |
(0.70
) |
Net
asset value, end of period |
$10.57 |
$10.01 |
$12.44 |
$12.22 |
$11.39 |
Total
return (b) |
11.37
% |
(13.46
)% |
8.79
% |
11.57
% |
17.53
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$3,820 |
$2,656 |
$3,059 |
$41,182 |
$2,116 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.28
% |
0.29
% |
0.40
% |
0.19
% |
0.15
% |
Net
expenses (c) |
0.13
% |
0.12
% |
0.24
% |
0.03
% |
0.01
% |
Net
investment income (loss) |
3.23
% |
2.80
% |
1.36
% |
3.39
% |
2.83
% |
Portfolio
turnover rate |
16
% |
22
% |
27
% |
37
% |
21
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.08 |
$12.51 |
$12.23 |
$11.40 |
$10.29 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.35 |
0.33 |
0.33 |
0.24 |
0.33 |
Net
realized and unrealized gain (loss) |
0.81 |
(2.00
) |
0.84 |
1.08 |
1.48 |
Total
from investment operations |
1.16 |
(1.67
) |
1.17 |
1.32 |
1.81 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.36
) |
(0.33
) |
(0.32
) |
(0.25
) |
(0.33
) |
Net
realized gains |
(0.23
) |
(0.43
) |
(0.57
) |
(0.24
) |
(0.37
) |
Total
distributions |
(0.59
) |
(0.76
) |
(0.89
) |
(0.49
) |
(0.70
) |
Net
asset value, end of period |
$10.65 |
$10.08 |
$12.51 |
$12.23 |
$11.40 |
Total
return (b) |
11.51
% |
(13.27
)% |
9.55
% |
11.68
% |
17.55
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$907,428 |
$835,845 |
$987,323 |
$820,938 |
$783,033 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.14
% |
0.14
% |
0.13
% |
0.14
% |
0.14
% |
Net
expenses (c) |
(0.01
)%(d) |
(0.02
)%(d) |
(0.02
)%(d) |
(0.03
)%(d) |
(0.01
)%(d) |
Net
investment income (loss) |
3.29
% |
2.90
% |
2.53
% |
2.13
% |
2.88
% |
Portfolio
turnover rate |
16
% |
22
% |
27
% |
37
% |
21
% |
(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) |
Due
to the Fund waiving acquired Fund fees, the waiver exceeded total fund
expenses. |
|
Class
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$10.08 |
$11.95 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.29 |
0.26 |
Net
realized and unrealized gain (loss) |
0.83 |
(1.42
) |
Total
from investment operations |
1.12 |
(1.16
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.31
) |
(0.28
) |
Net
realized gains |
(0.23
) |
(0.43
) |
Total
distributions |
(0.54
) |
(0.71
) |
Net
asset value, end of period |
$10.66 |
$10.08 |
Total
return (b) |
11.06
% |
(9.67
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$12,721 |
$12,939 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.64
% |
0.64
%(d) |
Net
expenses (c) |
0.49
% |
0.48
%(d) |
Net
investment income (loss) |
2.75
% |
2.78
%(d) |
Portfolio
turnover rate |
16
% |
22
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.70 |
$13.50 |
$13.06 |
$11.92 |
$10.53 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.37 |
0.30 |
0.15 |
0.50 |
0.37 |
Net
realized and unrealized gain (loss) |
1.08 |
(2.40
) |
1.16 |
1.26 |
1.81 |
Total
from investment operations |
1.45 |
(2.10
) |
1.31 |
1.76 |
2.18 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.35
) |
(0.30
) |
(0.29
) |
(0.25
) |
(0.33
) |
Net
realized gains |
(0.18
) |
(0.40
) |
(0.58
) |
(0.37
) |
(0.46
) |
Total
distributions |
(0.53
) |
(0.70
) |
(0.87
) |
(0.62
) |
(0.79
) |
Net
asset value, end of period |
$11.62 |
$10.70 |
$13.50 |
$13.06 |
$11.92 |
Total
return (b) |
13.58
% |
(15.47
)% |
10.03
% |
14.66
% |
20.76
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$9,938 |
$3,610 |
$5,301 |
$59,792 |
$2,019 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.26
% |
0.26
% |
0.38
% |
0.19
% |
0.15
% |
Net
expenses (c) |
0.12
% |
0.13
% |
0.25
% |
0.04
% |
0.02
% |
Net
investment income (loss) |
3.26
% |
2.46
% |
1.11
% |
3.96
% |
3.10
% |
Portfolio
turnover rate |
14
% |
16
% |
24
% |
39
% |
27
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.79 |
$13.60 |
$13.09 |
$11.94 |
$10.55 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.35 |
0.33 |
0.36 |
0.27 |
0.33 |
Net
realized and unrealized gain (loss) |
1.12 |
(2.42
) |
1.06 |
1.50 |
1.85 |
Total
from investment operations |
1.47 |
(2.09
) |
1.42 |
1.77 |
2.18 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.36
) |
(0.32
) |
(0.33
) |
(0.25
) |
(0.33
) |
Net
realized gains |
(0.18
) |
(0.40
) |
(0.58
) |
(0.37
) |
(0.46
) |
Total
distributions |
(0.54
) |
(0.72
) |
(0.91
) |
(0.62
) |
(0.79
) |
Net
asset value, end of period |
$11.72 |
$10.79 |
$13.60 |
$13.09 |
$11.94 |
Total
return (b) |
13.68
% |
(15.33
)% |
10.81
% |
14.84
% |
20.63
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$1,910,011 |
$1,615,466 |
$1,738,831 |
$1,228,301 |
$1,035,188 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.13
% |
0.13
% |
0.13
% |
0.14
% |
0.14
% |
Net
expenses (c) |
(0.01
)%(d) |
0.00
%(e) |
0.00
%(e) |
(0.01
)%(d) |
0.01
% |
Net
investment income (loss) |
3.09
% |
2.73
% |
2.57
% |
2.24
% |
2.83
% |
Portfolio
turnover rate |
14
% |
16
% |
24
% |
39
% |
27
% |
(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) |
Due
to the Fund waiving acquired Fund fees, the waiver exceeded total fund
expenses. |
(e) |
Amount
is less than 0.005%. |
|
Class
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$10.80 |
$12.89 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.30 |
0.26 |
Net
realized and unrealized gain (loss) |
1.12 |
(1.69
) |
Total
from investment operations |
1.42 |
(1.43
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.30
) |
(0.26
) |
Net
realized gains |
(0.18
) |
(0.40
) |
Total
distributions |
(0.48
) |
(0.66
) |
Net
asset value, end of period |
$11.74 |
$10.80 |
Total
return (b) |
13.09
% |
(10.96
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$13,239 |
$11,524 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.63
% |
0.63
%(d) |
Net
expenses (c) |
0.49
% |
0.50
%(d) |
Net
investment income (loss) |
2.62
% |
2.64
%(d) |
Portfolio
turnover rate |
14
% |
16
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.19 |
$14.29 |
$13.70 |
$12.26 |
$10.67 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.35 |
0.26 |
0.11 |
0.53 |
0.38 |
Net
realized and unrealized gain (loss) |
1.40 |
(2.71
) |
1.36 |
1.58 |
2.03 |
Total
from investment operations |
1.75 |
(2.45
) |
1.47 |
2.11 |
2.41 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.34
) |
(0.26
) |
(0.27
) |
(0.24
) |
(0.32
) |
Net
realized gains |
(0.17
) |
(0.39
) |
(0.61
) |
(0.43
) |
(0.50
) |
Total
distributions |
(0.51
) |
(0.65
) |
(0.88
) |
(0.67
) |
(0.82
) |
Net
asset value, end of period |
$12.43 |
$11.19 |
$14.29 |
$13.70 |
$12.26 |
Total
return (b) |
15.63
% |
(17.13
)% |
10.76
% |
17.26
% |
22.55
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$20,488 |
$6,903 |
$8,838 |
$69,750 |
$2,837 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.25
% |
0.25
% |
0.37
% |
0.19
% |
0.15
% |
Net
expenses (c) |
0.15
% |
0.15
% |
0.27
% |
0.08
% |
0.04
% |
Net
investment income (loss) |
2.93
% |
2.04
% |
0.74
% |
4.00
% |
3.12
% |
Portfolio
turnover rate |
12
% |
14
% |
22
% |
27
% |
30
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.26 |
$14.36 |
$13.72 |
$12.27 |
$10.69 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.35 |
0.29 |
0.35 |
0.27 |
0.33 |
Net
realized and unrealized gain (loss) |
1.42 |
(2.73
) |
1.21 |
1.86 |
2.07 |
Total
from investment operations |
1.77 |
(2.44
) |
1.56 |
2.13 |
2.40 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.35
) |
(0.27
) |
(0.31
) |
(0.25
) |
(0.32
) |
Net
realized gains |
(0.17
) |
(0.39
) |
(0.61
) |
(0.43
) |
(0.50
) |
Total
distributions |
(0.52
) |
(0.66
) |
(0.92
) |
(0.68
) |
(0.82
) |
Net
asset value, end of period |
$12.51 |
$11.26 |
$14.36 |
$13.72 |
$12.27 |
Total
return (b) |
15.74
% |
(16.95
)% |
11.37
% |
17.24
% |
22.52
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$2,651,799 |
$1,991,503 |
$2,055,047 |
$1,367,241 |
$1,072,332 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.12
% |
0.13
% |
0.12
% |
0.14
% |
0.14
% |
Net
expenses (c) |
0.02
% |
0.02
% |
0.03
% |
0.03
% |
0.03
% |
Net
investment income (loss) |
2.90
% |
2.30
% |
2.37
% |
2.13
% |
2.75
% |
Portfolio
turnover rate |
12
% |
14
% |
22
% |
27
% |
30
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$11.27 |
$13.51 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.28 |
0.21 |
Net
realized and unrealized gain (loss) |
1.43 |
(1.85
) |
Total
from investment operations |
1.71 |
(1.64
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.29
) |
(0.21
) |
Net
realized gains |
(0.17
) |
(0.39
) |
Total
distributions |
(0.46
) |
(0.60
) |
Net
asset value, end of period |
$12.52 |
$11.27 |
Total
return (b) |
15.15
% |
(12.10
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$31,819 |
$26,891 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.62
% |
0.63
%(d) |
Net
expenses (c) |
0.52
% |
0.52
%(d) |
Net
investment income (loss) |
2.32
% |
2.04
%(d) |
Portfolio
turnover rate |
12
% |
14
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.64 |
$14.96 |
$14.16 |
$12.54 |
$10.80 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.30 |
0.21 |
0.06 |
0.56 |
0.36 |
Net
realized and unrealized gain (loss) |
1.65 |
(2.92
) |
1.55 |
1.71 |
2.19 |
Total
from investment operations |
1.95 |
(2.71
) |
1.61 |
2.27 |
2.55 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.33
) |
(0.22
) |
(0.26
) |
(0.24
) |
(0.30
) |
Net
realized gains |
(0.20
) |
(0.39
) |
(0.55
) |
(0.41
) |
(0.51
) |
Total
distributions |
(0.53
) |
(0.61
) |
(0.81
) |
(0.65
) |
(0.81
) |
Net
asset value, end of period |
$13.06 |
$11.64 |
$14.96 |
$14.16 |
$12.54 |
Total
return (b) |
16.70
% |
(18.02
)% |
11.38
% |
18.05
% |
23.62
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$6,801 |
$3,527 |
$4,878 |
$49,518 |
$1,193 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.27
% |
0.28
% |
0.38
% |
0.20
% |
0.21
% |
Net
expenses (c) |
0.18
% |
0.19
% |
0.29
% |
0.10
% |
0.12
% |
Net
investment income (loss) |
2.43
% |
1.60
% |
0.41
% |
4.14
% |
2.95
% |
Portfolio
turnover rate |
11
% |
12
% |
19
% |
22
% |
28
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.75 |
$15.09 |
$14.21 |
$12.57 |
$10.83 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.34 |
0.26 |
0.34 |
0.26 |
0.32 |
Net
realized and unrealized gain (loss) |
1.65 |
(2.97
) |
1.39 |
2.03 |
2.24 |
Total
from investment operations |
1.99 |
(2.71
) |
1.73 |
2.29 |
2.56 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.34
) |
(0.24
) |
(0.30
) |
(0.24
) |
(0.31
) |
Net
realized gains |
(0.20
) |
(0.39
) |
(0.55
) |
(0.41
) |
(0.51
) |
Total
distributions |
(0.54
) |
(0.63
) |
(0.85
) |
(0.65
) |
(0.82
) |
Net
asset value, end of period |
$13.20 |
$11.75 |
$15.09 |
$14.21 |
$12.57 |
Total
return (b) |
16.94
% |
(17.89
)% |
12.18
% |
18.19
% |
23.61
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$2,566,604 |
$1,883,267 |
$1,863,635 |
$1,215,824 |
$907,369 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.13
% |
0.13
% |
0.13
% |
0.14
% |
0.15
% |
Net
expenses (c) |
0.04
% |
0.04
% |
0.04
% |
0.04
% |
0.05
% |
Net
investment income (loss) |
2.71
% |
2.00
% |
2.26
% |
2.03
% |
2.60
% |
Portfolio
turnover rate |
11
% |
12
% |
19
% |
22
% |
28
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$11.76 |
$14.13 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.27 |
0.18 |
Net
realized and unrealized gain (loss) |
1.65 |
(1.98
) |
Total
from investment operations |
1.92 |
(1.80
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.27
) |
(0.18
) |
Net
realized gains |
(0.20
) |
(0.39
) |
Total
distributions |
(0.47
) |
(0.57
) |
Net
asset value, end of period |
$13.21 |
$11.76 |
Total
return (b) |
16.34
% |
(12.69
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$15,189 |
$11,922 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.63
% |
0.63
%(d) |
Net
expenses (c) |
0.54
% |
0.54
%(d) |
Net
investment income (loss) |
2.13
% |
1.70
%(d) |
Portfolio
turnover rate |
11
% |
12
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.74 |
$15.19 |
$14.35 |
$12.65 |
$10.79 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.29 |
0.21 |
0.02 |
0.58 |
0.29 |
Net
realized and unrealized gain (loss) |
1.79 |
(3.03
) |
1.67 |
1.79 |
2.37 |
Total
from investment operations |
2.08 |
(2.82
) |
1.69 |
2.37 |
2.66 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.31
) |
(0.20
) |
(0.26
) |
(0.23
) |
(0.30
) |
Net
realized gains |
(0.20
) |
(0.43
) |
(0.59
) |
(0.44
) |
(0.50
) |
Total
distributions |
(0.51
) |
(0.63
) |
(0.85
) |
(0.67
) |
(0.80
) |
Net
asset value, end of period |
$13.31 |
$11.74 |
$15.19 |
$14.35 |
$12.65 |
Total
return (b) |
17.65
% |
(18.51
)% |
11.75
% |
18.70
% |
24.64
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$5,479 |
$2,780 |
$2,991 |
$51,116 |
$1,398 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.27
% |
0.28
% |
0.39
% |
0.20
% |
0.17
% |
Net
expenses (c) |
0.19
% |
0.20
% |
0.32
% |
0.10
% |
0.07
% |
Net
investment income (loss) |
2.31
% |
1.62
% |
0.12
% |
4.25
% |
2.33
% |
Portfolio
turnover rate |
12
% |
12
% |
19
% |
19
% |
32
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.88 |
$15.36 |
$14.36 |
$12.66 |
$10.79 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.32 |
0.24 |
0.35 |
0.25 |
0.32 |
Net
realized and unrealized gain (loss) |
1.80 |
(3.07
) |
1.54 |
2.12 |
2.35 |
Total
from investment operations |
2.12 |
(2.83
) |
1.89 |
2.37 |
2.67 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.32
) |
(0.22
) |
(0.30
) |
(0.23
) |
(0.30
) |
Net
realized gains |
(0.20
) |
(0.43
) |
(0.59
) |
(0.44
) |
(0.50
) |
Total
distributions |
(0.52
) |
(0.65
) |
(0.89
) |
(0.67
) |
(0.80
) |
Net
asset value, end of period |
$13.48 |
$11.88 |
$15.36 |
$14.36 |
$12.66 |
Total
return (b) |
17.82
% |
(18.40
)% |
13.15
% |
18.79
% |
24.66
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$2,352,248 |
$1,664,976 |
$1,677,750 |
$1,076,641 |
$778,976 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.13
% |
0.14
% |
0.13
% |
0.15
% |
0.16
% |
Net
expenses (c) |
0.05
% |
0.05
% |
0.05
% |
0.05
% |
0.05
% |
Net
investment income (loss) |
2.52
% |
1.79
% |
2.23
% |
1.94
% |
2.63
% |
Portfolio
turnover rate |
12
% |
12
% |
19
% |
19
% |
32
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$11.89 |
$14.35 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.24 |
0.16 |
Net
realized and unrealized gain (loss) |
1.81 |
(2.03
) |
Total
from investment operations |
2.05 |
(1.87
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.25
) |
(0.16
) |
Net
realized gains |
(0.20
) |
(0.43
) |
Total
distributions |
(0.45
) |
(0.59
) |
Net
asset value, end of period |
$13.49 |
$11.89 |
Total
return (b) |
17.22
% |
(13.03
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$26,093 |
$21,698 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.63
% |
0.64
%(d) |
Net
expenses (c) |
0.55
% |
0.55
%(d) |
Net
investment income (loss) |
1.89
% |
1.44
%(d) |
Portfolio
turnover rate |
12
% |
12
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.09 |
$15.72 |
$14.58 |
$12.72 |
$10.77 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.32 |
0.20 |
0.03 |
0.58 |
0.29 |
Net
realized and unrealized gain (loss) |
1.91 |
(3.19
) |
1.88 |
1.87 |
2.45 |
Total
from investment operations |
2.23 |
(2.99
) |
1.91 |
2.45 |
2.74 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.31
) |
(0.20
) |
(0.28
) |
(0.22
) |
(0.30
) |
Net
realized gains |
(0.18
) |
(0.44
) |
(0.49
) |
(0.37
) |
(0.49
) |
Total
distributions |
(0.49
) |
(0.64
) |
(0.77
) |
(0.59
) |
(0.79
) |
Net
asset value, end of period |
$13.83 |
$12.09 |
$15.72 |
$14.58 |
$12.72 |
Total
return (b) |
18.45
% |
(18.93
)% |
13.08
% |
19.26
% |
25.45
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$3,304 |
$1,645 |
$2,357 |
$23,059 |
$962 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.27
% |
0.28
% |
0.39
% |
0.21
% |
0.21
% |
Net
expenses (c) |
0.19
% |
0.18
% |
0.30
% |
0.10
% |
0.09
% |
Net
investment income (loss) |
2.42
% |
1.46
% |
0.17
% |
4.27
% |
2.34
% |
Portfolio
turnover rate |
10
% |
10
% |
17
% |
18
% |
32
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.16 |
$15.79 |
$14.58 |
$12.72 |
$10.77 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.33 |
0.24 |
0.37 |
0.25 |
0.32 |
Net
realized and unrealized gain (loss) |
1.93 |
(3.21
) |
1.65 |
2.21 |
2.42 |
Total
from investment operations |
2.26 |
(2.97
) |
2.02 |
2.46 |
2.74 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.33
) |
(0.22
) |
(0.32
) |
(0.23
) |
(0.30
) |
Net
realized gains |
(0.18
) |
(0.44
) |
(0.49
) |
(0.37
) |
(0.49
) |
Total
distributions |
(0.51
) |
(0.66
) |
(0.81
) |
(0.60
) |
(0.79
) |
Net
asset value, end of period |
$13.91 |
$12.16 |
$15.79 |
$14.58 |
$12.72 |
Total
return (b) |
18.56
% |
(18.75
)% |
13.83
% |
19.28
% |
25.49
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$2,108,582 |
$1,459,184 |
$1,409,868 |
$847,354 |
$587,488 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.13
% |
0.14
% |
0.14
% |
0.16
% |
0.17
% |
Net
expenses (c) |
0.06
% |
0.05
% |
0.05
% |
0.05
% |
0.05
% |
Net
investment income (loss) |
2.47
% |
1.80
% |
2.32
% |
1.93
% |
2.62
% |
Portfolio
turnover rate |
10
% |
10
% |
17
% |
18
% |
32
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$12.17 |
$14.72 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.26 |
0.17 |
Net
realized and unrealized gain (loss) |
1.92 |
(2.13
) |
Total
from investment operations |
2.18 |
(1.96
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.25
) |
(0.15
) |
Net
realized gains |
(0.18
) |
(0.44
) |
Total
distributions |
(0.43
) |
(0.59
) |
Net
asset value, end of period |
$13.92 |
$12.17 |
Total
return (b) |
17.95
% |
(13.21
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$15,266 |
$10,148 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.63
% |
0.64
%(d) |
Net
expenses (c) |
0.56
% |
0.55
%(d) |
Net
investment income (loss) |
1.99
% |
1.57
%(d) |
Portfolio
turnover rate |
10
% |
10
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$11.96 |
$15.62 |
$14.48 |
$12.60 |
$10.70 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.28 |
0.23 |
0.00
(b) |
0.61 |
0.28 |
Net
realized and unrealized gain (loss) |
2.01 |
(3.23
) |
1.90 |
1.87 |
2.47 |
Total
from investment operations |
2.29 |
(3.00
) |
1.90 |
2.48 |
2.75 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.30
) |
(0.20
) |
(0.28
) |
(0.22
) |
(0.29
) |
Net
realized gains |
(0.13
) |
(0.46
) |
(0.48
) |
(0.38
) |
(0.56
) |
Total
distributions |
(0.43
) |
(0.66
) |
(0.76
) |
(0.60
) |
(0.85
) |
Net
asset value, end of period |
$13.82 |
$11.96 |
$15.62 |
$14.48 |
$12.60 |
Total
return (c) |
19.16
% |
(19.19
)% |
13.12
% |
19.67
% |
25.76
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$3,336 |
$1,923 |
$1,596 |
$24,016 |
$448 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (d) |
0.29
% |
0.31
% |
0.41
% |
0.24
% |
0.25
% |
Net
expenses (d) |
0.20
% |
0.21
% |
0.31
% |
0.10
% |
0.09
% |
Net
investment income (loss) |
2.18
% |
1.73
% |
0.02
% |
4.48
% |
2.32
% |
Portfolio
turnover rate |
9
% |
10
% |
17
% |
16
% |
41
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.08 |
$15.77 |
$14.49 |
$12.60 |
$10.70 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.33 |
0.25 |
0.38 |
0.25 |
0.34 |
Net
realized and unrealized gain (loss) |
2.01 |
(3.27
) |
1.70 |
2.24 |
2.42 |
Total
from investment operations |
2.34 |
(3.02
) |
2.08 |
2.49 |
2.76 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.32
) |
(0.21
) |
(0.32
) |
(0.22
) |
(0.30
) |
Net
realized gains |
(0.13
) |
(0.46
) |
(0.48
) |
(0.38
) |
(0.56
) |
Total
distributions |
(0.45
) |
(0.67
) |
(0.80
) |
(0.60
) |
(0.86
) |
Net
asset value, end of period |
$13.97 |
$12.08 |
$15.77 |
$14.49 |
$12.60 |
Total
return (b) |
19.36
% |
(19.10
)% |
14.37
% |
19.76
% |
25.81
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$1,740,744 |
$1,121,272 |
$1,021,959 |
$587,556 |
$380,668 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.14
% |
0.16
% |
0.15
% |
0.19
% |
0.21
% |
Net
expenses (c) |
0.05
% |
0.05
% |
0.05
% |
0.05
% |
0.05
% |
Net
investment income (loss) |
2.51
% |
1.84
% |
2.42
% |
1.98
% |
2.74
% |
Portfolio
turnover rate |
9
% |
10
% |
17
% |
16
% |
41
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/11/22*-
12/31/22 |
Net
asset value, beginning of period |
$12.08 |
$14.87 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.26 |
0.17 |
Net
realized and unrealized gain (loss) |
2.02 |
(2.35
) |
Total
from investment operations |
2.28 |
(2.18
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.25
) |
(0.15
) |
Net
realized gains |
(0.13
) |
(0.46
) |
Total
distributions |
(0.38
) |
(0.61
) |
Net
asset value, end of period |
$13.98 |
$12.08 |
Total
return (b) |
18.85
% |
(14.64
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$21,284 |
$13,177 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.64
% |
0.66
%(d) |
Net
expenses (c) |
0.55
% |
0.55
%(d) |
Net
investment income (loss) |
2.01
% |
1.47
%(d) |
Portfolio
turnover rate |
9
% |
10
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.29 |
$15.98 |
$14.72 |
$12.68 |
$10.70 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.32 |
0.23 |
0.01 |
0.63 |
0.33 |
Net
realized and unrealized gain (loss) |
2.06 |
(3.31
) |
1.95 |
1.86 |
2.41 |
Total
from investment operations |
2.38 |
(3.08
) |
1.96 |
2.49 |
2.74 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.31
) |
(0.20
) |
(0.28
) |
(0.22
) |
(0.30
) |
Net
realized gains |
(0.12
) |
(0.41
) |
(0.42
) |
(0.23
) |
(0.46
) |
Total
distributions |
(0.43
) |
(0.61
) |
(0.70
) |
(0.45
) |
(0.76
) |
Net
asset value, end of period |
$14.24 |
$12.29 |
$15.98 |
$14.72 |
$12.68 |
Total
return (b) |
19.33
% |
(19.23
)% |
13.32
% |
19.60
% |
25.65
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$1,838 |
$996 |
$715 |
$8,940 |
$241 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.31
% |
0.34
% |
0.44
% |
0.32
% |
0.30
% |
Net
expenses (c) |
0.21
% |
0.21
% |
0.31
% |
0.09
% |
0.05
% |
Net
investment income (loss) |
2.42
% |
1.72
% |
0.05
% |
4.61
% |
2.69
% |
Portfolio
turnover rate |
9
% |
9
% |
15
% |
18
% |
42
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.36 |
$16.06 |
$14.70 |
$12.66 |
$10.68 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.34 |
0.26 |
0.40 |
0.26 |
0.35 |
Net
realized and unrealized gain (loss) |
2.07 |
(3.33
) |
1.71 |
2.23 |
2.39 |
Total
from investment operations |
2.41 |
(3.07
) |
2.11 |
2.49 |
2.74 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.33
) |
(0.22
) |
(0.33
) |
(0.22
) |
(0.30
) |
Net
realized gains |
(0.12
) |
(0.41
) |
(0.42
) |
(0.23
) |
(0.46
) |
Total
distributions |
(0.45
) |
(0.63
) |
(0.75
) |
(0.45
) |
(0.76
) |
Net
asset value, end of period |
$14.32 |
$12.36 |
$16.06 |
$14.70 |
$12.66 |
Total
return (b) |
19.45
% |
(19.09
)% |
14.31
% |
19.65
% |
25.70
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$1,243,394 |
$770,434 |
$641,834 |
$323,975 |
$195,598 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.15
% |
0.18
% |
0.18
% |
0.27
% |
0.30
% |
Net
expenses (c) |
0.05
% |
0.05
% |
0.05
% |
0.04
% |
0.05
% |
Net
investment income (loss) |
2.53
% |
1.90
% |
2.52
% |
2.05
% |
2.86
% |
Portfolio
turnover rate |
9
% |
9
% |
15
% |
18
% |
42
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$12.37 |
$14.94 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.26 |
0.17 |
Net
realized and unrealized gain (loss) |
2.07 |
(2.18
) |
Total
from investment operations |
2.33 |
(2.01
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.25
) |
(0.15
) |
Net
realized gains |
(0.12
) |
(0.41
) |
Total
distributions |
(0.37
) |
(0.56
) |
Net
asset value, end of period |
$14.33 |
$12.37 |
Total
return (b) |
18.84
% |
(13.40
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$12,344 |
$7,963 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.65
% |
0.68
%(d) |
Net
expenses (c) |
0.55
% |
0.55
%(d) |
Net
investment income (loss) |
1.91
% |
1.54
%(d) |
Portfolio
turnover rate |
9
% |
9
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.45 |
$16.06 |
$14.69 |
$12.53 |
$10.28 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.33 |
0.22 |
0.05 |
0.59 |
0.29 |
Net
realized and unrealized gain (loss) |
2.06 |
(3.30
) |
1.97 |
1.87 |
2.37 |
Total
from investment operations |
2.39 |
(3.08
) |
2.02 |
2.46 |
2.66 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.31
) |
(0.20
) |
(0.29
) |
(0.22
) |
(0.28
) |
Net
realized gains |
(0.08
) |
(0.33
) |
(0.36
) |
(0.08
) |
(0.13
) |
Total
distributions |
(0.39
) |
(0.53
) |
(0.65
) |
(0.30
) |
(0.41
) |
Net
asset value, end of period |
$14.45 |
$12.45 |
$16.06 |
$14.69 |
$12.53 |
Total
return (b) |
19.22
% |
(19.16
)% |
13.75
% |
19.61
% |
25.86
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$853 |
$588 |
$633 |
$3,458 |
$163 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.33
% |
0.38
% |
0.50
% |
0.54
% |
0.85
% |
Net
expenses (c) |
0.19
% |
0.18
% |
0.28
% |
0.09
% |
0.04
% |
Net
investment income (loss) |
2.41
% |
1.60
% |
0.33
% |
4.41
% |
2.42
% |
Portfolio
turnover rate |
8
% |
9
% |
13
% |
25
% |
29
% |
(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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$12.49 |
$16.11 |
$14.69 |
$12.53 |
$10.28 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.36 |
0.28 |
0.43 |
0.27 |
0.39 |
Net
realized and unrealized gain (loss) |
2.07 |
(3.36
) |
1.68 |
2.19 |
2.27 |
Total
from investment operations |
2.43 |
(3.08
) |
2.11 |
2.46 |
2.66 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.33
) |
(0.21
) |
(0.33
) |
(0.22
) |
(0.28
) |
Net
realized gains |
(0.08
) |
(0.33
) |
(0.36
) |
(0.08
) |
(0.13
) |
Total
distributions |
(0.41
) |
(0.54
) |
(0.69
) |
(0.30
) |
(0.41
) |
Net
asset value, end of period |
$14.51 |
$12.49 |
$16.11 |
$14.69 |
$12.53 |
Total
return (b) |
19.45
% |
(19.08
)% |
14.34
% |
19.63
% |
25.87
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$779,090 |
$432,395 |
$314,182 |
$137,392 |
$74,373 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.19
% |
0.25
% |
0.28
% |
0.49
% |
0.84
% |
Net
expenses (c) |
0.05
% |
0.05
% |
0.05
% |
0.04
% |
0.04
% |
Net
investment income (loss) |
2.66
% |
2.03
% |
2.68
% |
2.12
% |
3.33
% |
Portfolio
turnover rate |
8
% |
9
% |
13
% |
25
% |
29
% |
(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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/11/22*-
12/31/22 |
Net
asset value, beginning of period |
$12.49 |
$15.19 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.29 |
0.20 |
Net
realized and unrealized gain (loss) |
2.06 |
(2.42
) |
Total
from investment operations |
2.35 |
(2.22
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.25
) |
(0.15
) |
Net
realized gains |
(0.08
) |
(0.33
) |
Total
distributions |
(0.33
) |
(0.48
) |
Net
asset value, end of period |
$14.51 |
$12.49 |
Total
return (b) |
18.86
% |
(14.62
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$5,715 |
$3,179 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.69
% |
0.75
%(d) |
Net
expenses (c) |
0.55
% |
0.55
%(d) |
Net
investment income (loss) |
2.14
% |
1.72
%(d) |
Portfolio
turnover rate |
8
% |
9
% |
* |
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. |
|
Class
I | |||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
For
the
Period
3/30/20*-
12/31/20 |
Net
asset value, beginning of period |
$11.96 |
$15.22 |
$13.69 |
$10.00 |
Income
(loss) from investment operations: |
|
|
|
|
Net
investment income (loss) (a) |
0.30 |
0.22 |
0.31 |
0.19 |
Net
realized and unrealized gain (loss) |
2.00 |
(3.15
) |
1.62 |
4.13 |
Total
from investment operations |
2.30 |
(2.93
) |
1.93 |
4.32 |
Distributions
to shareholders from: |
|
|
|
|
Net
investment income |
(0.26
) |
(0.17
) |
(0.26
) |
(0.23
) |
Net
realized gains |
(0.02
) |
(0.16
) |
(0.14
) |
(0.40
) |
Return
of Capital |
(0.02
) |
— |
— |
— |
Total
distributions |
(0.30
) |
(0.33
) |
(0.40
) |
(0.63
) |
Net
asset value, end of period |
$13.96 |
$11.96 |
$15.22 |
$13.69 |
Total
return (b) |
19.20
% |
(19.23
)% |
14.09
% |
43.15
% |
Ratios
and Supplemental Data: |
|
|
|
|
Net
assets, end of period (in 000s) |
$301 |
$191 |
$178 |
$137 |
Ratios
to Average Net Assets: |
|
|
|
|
Total
expenses (c) |
0.49
% |
0.66
% |
1.45
% |
12.01
%(d) |
Net
expenses (c) |
0.25
% |
0.25
% |
0.25
% |
0.22
%(d) |
Net
investment income (loss) |
2.30
% |
1.67
% |
2.05
% |
2.08
%(d) |
Portfolio
turnover rate |
8
% |
9
% |
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
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
For
the
Period
3/30/20*-
12/31/20 |
Net
asset value, beginning of period |
$11.96 |
$15.23 |
$13.69 |
$10.00 |
Income
(loss) from investment operations: |
|
|
|
|
Net
investment income (loss) (a) |
0.37 |
0.31 |
0.61 |
0.45 |
Net
realized and unrealized gain (loss) |
1.96 |
(3.22
) |
1.36 |
3.88 |
Total
from investment operations |
2.33 |
(2.91
) |
1.97 |
4.33 |
Distributions
to shareholders from: |
|
|
|
|
Net
investment income |
(0.29
) |
(0.20
) |
(0.29
) |
(0.24
) |
Net
realized gains |
(0.02
) |
(0.16
) |
(0.14
) |
(0.40
) |
Return
of Capital |
(0.02
) |
— |
— |
— |
Total
distributions |
(0.33
) |
(0.36
) |
(0.43
) |
(0.64
) |
Net
asset value, end of period |
$13.96 |
$11.96 |
$15.23 |
$13.69 |
Total
return (b) |
19.43
% |
(19.12
)% |
14.39
% |
43.34
% |
Ratios
and Supplemental Data: |
|
|
|
|
Net
assets, end of period (in 000s) |
$203,873 |
$93,596 |
$43,241 |
$3,557 |
Ratios
to Average Net Assets: |
|
|
|
|
Total
expenses (c) |
0.29
% |
0.46
% |
1.25
% |
11.81
%(d) |
Net
expenses (c) |
0.05
% |
0.05
% |
0.05
% |
0.02
%(d) |
Net
investment income (loss) |
2.85
% |
2.41
% |
4.06
% |
4.70
%(d) |
Portfolio
turnover rate |
8
% |
9
% |
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
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$11.99 |
$14.08 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.35 |
0.34 |
Net
realized and unrealized gain (loss) |
1.90 |
(2.13
) |
Total
from investment operations |
2.25 |
(1.79
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.22
) |
(0.14
) |
Net
realized gains |
(0.02
) |
(0.16
) |
Return
of Capital |
(0.01
) |
— |
Total
distributions |
(0.25
) |
(0.30
) |
Net
asset value, end of period |
$13.99 |
$11.99 |
Total
return (b) |
18.69
% |
(12.67
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$582 |
$152 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.79
% |
0.96
%(d) |
Net
expenses (c) |
0.55
% |
0.55
%(d) |
Net
investment income (loss) |
2.66
% |
3.26
%(d) |
Portfolio
turnover rate |
8
% |
9
% |
* |
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. |
|
Class
I | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.03 |
$12.01 |
$11.99 |
$11.05 |
$10.02 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.38 |
0.31 |
0.17 |
0.38 |
0.29 |
Net
realized and unrealized gain (loss) |
0.69 |
(1.77
) |
0.65 |
0.75 |
1.11 |
Total
from investment operations |
1.07 |
(1.46
) |
0.82 |
1.13 |
1.40 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.35
) |
(0.31
) |
(0.28
) |
(0.18
) |
(0.31
) |
Net
realized gains |
(0.20
) |
(0.21
) |
(0.52
) |
(0.01
) |
(0.06
) |
Total
distributions |
(0.55
) |
(0.52
) |
(0.80
) |
(0.19
) |
(0.37
) |
Net
asset value, end of period |
$10.55 |
$10.03 |
$12.01 |
$11.99 |
$11.05 |
Total
return (b) |
10.71
% |
(12.19
)% |
6.87
% |
10.25
% |
13.98
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$3,275 |
$724 |
$906 |
$21,801 |
$78 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.27
% |
0.28
% |
0.42
% |
0.24
% |
0.24
% |
Net
expenses (c) |
0.10
% |
0.10
% |
0.24
% |
0.02
% |
(0.03
)%(d) |
Net
investment income (loss) |
3.66
% |
2.79
% |
1.36
% |
3.26
% |
2.64
% |
Portfolio
turnover rate |
13
% |
17
% |
33
% |
24
% |
26
% |
(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) |
Due
to the Fund waiving acquired Fund fees, the waiver exceeded total fund
expenses. |
|
Class
K | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$10.09 |
$12.08 |
$11.97 |
$11.03 |
$10.00 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (a) |
0.36 |
0.32 |
0.30 |
0.26 |
0.32 |
Net
realized and unrealized gain (loss) |
0.73 |
(1.78
) |
0.64 |
0.87 |
1.08 |
Total
from investment operations |
1.09 |
(1.46
) |
0.94 |
1.13 |
1.40 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.37
) |
(0.32
) |
(0.31
) |
(0.18
) |
(0.31
) |
Net
realized gains |
(0.20
) |
(0.21
) |
(0.52
) |
(0.01
) |
(0.06
) |
Total
distributions |
(0.57
) |
(0.53
) |
(0.83
) |
(0.19
) |
(0.37
) |
Net
asset value, end of period |
$10.61 |
$10.09 |
$12.08 |
$11.97 |
$11.03 |
Total
return (b) |
10.77
% |
(12.11
)% |
7.92
% |
10.29
% |
14.00
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$671,982 |
$596,200 |
$635,314 |
$491,138 |
$219,066 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses (c) |
0.16
% |
0.16
% |
0.15
% |
0.19
% |
0.24
% |
Net
expenses (c) |
(0.01
)%(d) |
(0.02
)%(d) |
(0.03
)%(d) |
(0.03
)%(d) |
(0.03
)%(d) |
Net
investment income (loss) |
3.39
% |
2.93
% |
2.40
% |
2.29
% |
2.92
% |
Portfolio
turnover rate |
13
% |
17
% |
33
% |
24
% |
26
% |
(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) |
Due
to the Fund waiving acquired Fund fees, the waiver exceeded total fund
expenses. |
|
Class
R3 | |
|
Year
Ended
12/31/23 |
For
the
Period
2/28/22*-
12/31/22 |
Net
asset value, beginning of period |
$10.10 |
$11.59 |
Income
(loss) from investment operations: |
|
|
Net
investment income (loss) (a) |
0.31 |
0.25 |
Net
realized and unrealized gain (loss) |
0.72 |
(1.27
) |
Total
from investment operations |
1.03 |
(1.02
) |
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.31
) |
(0.26
) |
Net
realized gains |
(0.20
) |
(0.21
) |
Total
distributions |
(0.51
) |
(0.47
) |
Net
asset value, end of period |
$10.62 |
$10.10 |
Total
return (b) |
10.21
% |
(8.77
)% |
Ratios
and Supplemental Data: |
|
|
Net
assets, end of period (in 000s) |
$3,243 |
$2,548 |
Ratios
to Average Net Assets: |
|
|
Total
expenses (c) |
0.66
% |
0.66
%(d) |
Net
expenses (c) |
0.49
% |
0.48
%(d) |
Net
investment income (loss) |
2.97
% |
2.76
%(d) |
Portfolio
turnover rate |
13
% |
17
% |
* |
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. |
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 |