State Street US Core Equity Fund (SSAQX)
| Fund Assets | 4.40B |
| Expense Ratio | 0.14% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 14.12 |
| Dividend Yield | 18.40% |
| Dividend Growth | 437.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 76.91 |
| YTD Return | 6.69% |
| 1-Year Return | -7.56% |
| 5-Year Return | n/a |
| 52-Week Low | 60.75 |
| 52-Week High | 88.95 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | Jul 3, 1967 |
About SSAQX
The State Street U.S. Core Equity Fund is an actively managed mutual fund designed to provide long-term growth of capital by investing primarily in equity securities of U.S. companies. The fund typically commits at least 80% of its net assets to U.S. equities, including both common and preferred stocks, and may have limited exposure to foreign securities as well as cash equivalents. Its investment strategy emphasizes large, well-established companies, with a portfolio that regularly allocates significant weight to major technology, financials, health care, and industrial sector leaders. The fund's holdings are diversified across about 90–100 securities, with the top 10 positions accounting for a substantial portion of assets—often exceeding 40%—and typically include prominent names such as Microsoft, NVIDIA, Apple, Amazon, and Alphabet. The fund's expense ratio is notably low relative to peers, contributing to its appeal among investors seeking broad market exposure with cost efficiency. Managed by a seasoned team at State Street Global Advisors, this fund plays a core role in diversified portfolios seeking balanced participation in the U.S. equity market benchmarked to the S&P 500 Index.
Performance
SSAQX had a total return of -7.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.96%.
Top 10 Holdings
41.05% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.68% |
| Microsoft Corporation | MSFT | 6.63% |
| Apple Inc. | AAPL | 6.12% |
| Amazon.com, Inc. | AMZN | 4.42% |
| Alphabet Inc. | GOOGL | 3.77% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.55% |
| Meta Platforms, Inc. | META | 3.53% |
| JPMorgan Chase & Co. | JPM | 2.22% |
| Broadcom Inc. | AVGO | 2.11% |
| Visa Inc. | V | 2.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $14.12098 | Dec 27, 2024 |
| Dec 26, 2023 | $2.62563 | Dec 26, 2023 |
| Dec 27, 2022 | $5.42256 | Dec 27, 2022 |
| Dec 27, 2021 | $9.7953 | Dec 27, 2021 |