# State Street Institutional Small-Cap Equity Fund Service Class (SSQSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssqsx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: State Street / SPDR · Asset class: Equity - Strategy: Passive Index · Inception: 2005-09-30 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 capitalizat... ## Key Facts | Metric | Value | |---|---| | Price | $16.12 | | Expense Ratio | 1.00% | | Assets Under Management | $495.5M | | NAV | $16.12 | | Holdings Count | — | | Distribution Yield (TTM) | 15.78% | | Annual Distribution (TTM) | $2.54 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.17 – $17.74 | | Beta | 1.00 | ## Latest Distribution - Amount: $2.5439 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-22 ## Frequently Asked Questions ### 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. ### Does SSQSX pay a dividend? State Street Institutional Small-Cap Equity Fund Service Class (SSQSX) currently distributes little or no income. Trailing-twelve-month yield is 15.78%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SSQSX pay dividends? State Street Institutional Small-Cap Equity Fund Service Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SSQSX's dividend yield? SSQSX's trailing-twelve-month yield is 15.78%, calculated from the sum of dividends over the past year divided by the current price. ### When is SSQSX's next ex-dividend date? The most recently announced ex-dividend date for SSQSX was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SSQSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SSQSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSQSX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SSQSX cost more than a fund like VOO? SSQSX is a passive index fund (current expense ratio 1.00%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SSQSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSQSX (1.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ssqsx - Distribution history: https://www.dividenddata.com/funds/ssqsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssqsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssqsx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssqsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.