About STBIX
State Street Equity 500 Index Fund Service Shares is a passively managed mutual fund designed to closely mirror the performance of the Standard & Poor’s 500 Index, a widely recognized benchmark representing the largest publicly traded U.S. companies. The fund achieves its objective by investing substantially all of its assets in a portfolio that holds the constituent stocks of the S&P 500 in the same proportions as the index itself, providing broad and diversified exposure to the U.S. large-cap equity market.
Aimed at institutional investors, the fund is characterized by low turnover and a competitive expense ratio, with a total net asset value exceeding $7 billion as of recent filings. Its portfolio includes leading companies across major economic sectors such as technology, healthcare, consumer discretionary, and financials. The ten largest holdings, which collectively account for over a third of the portfolio, feature prominent firms including Apple, Microsoft, NVIDIA, and Amazon. By tracking the S&P 500, the fund offers a cost-effective solution for investors seeking to participate in the growth and stability of U.S. large-cap stocks, while minimizing the impact of active management decisions.
Fund Family State Street Investment Management
Category Large Blend
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol STBIX
Share Class Service Shares
Index S&P 500 TR
STBIX had a total return of 18.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.81%.
