State Street S&P 500 Index Fund Class N
SVSPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Lincoln Street Boston MA United States of America 02111
- IPO Date
- Dec 30, 1992
- CIK
- 0000826686
- Website
- ssga.com
- Similar Companies
- Business
- State Street S&P 500 Index Fund Class N (SVSPX) is an open-end mutual fund managed by SSGA Funds Management, Inc., a subsidiary of State Street Global Advisors, that seeks to replicate, before expenses, the total return of the S&P 500 Index through a passive indexing strategy. The fund invests substantially all of its assets in common stocks included in the S&P 500 Index in proportion to their weightings therein; it may also employ futures, options, and other derivatives for efficient portfolio management and holds a diversified portfolio across sectors such as information technology (approximately 35%), financials (13%), consumer discretionary (11%), communication services (10%), and healthcare (9%), with top holdings including NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Broadcom Inc. Launched on December 30, 1992, and domiciled in the United States with primary operations targeted at U.S. investors, the fund maintains total net assets of approximately $1.66 billion, a net expense ratio of 0.157% (after waivers), low portfolio turnover of around 2%, and daily pricing with a minimum initial investment of $10,000. In recent developments, SSGA Funds Management, Inc. has contractually agreed to waive fees and/or reimburse expenses to cap total annual operating expenses at 0.157% through at least December 31, 2025, and to waive 0.01% of its administration fee indefinitely pending board approval; these arrangements, extended in 2025, support the fund's low-cost structure amid ongoing market volatility. The fund remains focused on large-cap U.S. equities without noted acquisitions, new share classes, or strategic shifts in the past 1-2 years, emphasizing replication fidelity to the benchmark spanning roughly 500 stocks across 24 industry groups.