State Street Institutional Small-Cap Equity Fund Service Class

Frequently Asked Questions About SSQSX

What does SSQSX invest in?

This fund aims to fulfill its investment objective by dedicating a minimum of 80% of its total assets (inclusive of any capital acquired through borrowing for investment purposes) to equity holdings of smaller capitalization companies under typical market conditions. These holdings primarily consist of common and preferred shares. For the fund's purposes, a small-cap company is characterized by a market valuation that, at the point of initial acquisition, lies between the market capitalization of the smallest company in the Russell 2000® Index and the higher of either the market capitalization of the largest company in the Russell 2000® Index or $3.0 billion.

What is the expense ratio of SSQSX?

State Street Institutional Small-Cap Equity Fund Service Class (SSQSX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SSQSX?

State Street Institutional Small-Cap Equity Fund Service Class (SSQSX) manages $495.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SSQSX actively managed or an index fund?

SSQSX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SSQSX's is 1.00%) because there's no security selection cost.

When was SSQSX launched?

State Street Institutional Small-Cap Equity Fund Service Class (SSQSX) launched in September 2005 and is managed by State Street / SPDR.

How has SSQSX performed?

SSQSX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.