State Street Income Fund is an actively managed mutual fund specializing in investment-grade debt securities, with a primary focus on generating high current income over the long term while preserving capital. Launched in 1980, the fund is managed by experienced professionals and operates within the intermediate core bond category, positioning itself as a core fixed income holding for diversified portfolios. The fund typically invests at least 80% of its net assets in a broad array of debt instruments, including U.S. Treasury notes, government agency securities, mortgage-backed securities, and high-quality corporate bonds, maintaining extensive diversification with more than 1,300 holdings. State Street Income Fund is known for its low expense ratio, making it a cost-effective option among its peer group. It distributes income to investors on a monthly basis, offering a steady stream of cash flow with a competitive yield. Its balanced approach to risk and return, alongside a rigorous, research-driven management process, makes it a notable choice for investors seeking stable income, capital preservation, and exposure to the U.S. fixed income market.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, SSASX shows...
Market sentiment analysis indicates...