SSgA Dynamic Small Cap Fund (SVSCX)

FUND OBJECTIVE

The Fund seeks to maximize total return through investments in equity securities; at least 80% of the total assets will be invested in smaller capitalization equity securities.

Fund Information
As of  05/25/2013
Ticker SymbolSVSCX
Primary BenchmarkRussell 2000
CUSIP784924706
Gross Expense Ratio3.51%
Net Expense Ratio1.25%
Inception Date07/01/1992
Investment ManagerSSgA Funds Management, Inc.
Management TeamActive Quantitative Equity Team
DistributorState Street Global Markets, LLC
Distribution FrequencyAnnually
Fund Characteristics
As of  04/30/2013
Dividend Yield1.16%
Earnings Growth 5 Year10.38%
FY 1 P/E Ratio14.11
Number of Holdings418
Price/Book Ratio1.88
Weighted Average Market Cap$1,372.58 M
30 DAY SEC YIELD
As of  05/23/2013
30 Day SEC Yield0.24%
Fund Performance
Month End
as of04/30/2013 		Quarter End
as of03/31/2013
1 Month -0.34% 5.46%
QTD -0.34% 13.59%
YTD 13.20% 13.59%
1 Year 21.36% 18.61%
3 Year 17.11% 19.13%
5 Year 6.36% 7.42%
10 Year 7.63% 8.42%
Inception07/01/1992 8.27% 8.32%

Performance quoted represents past performance, which is no guarantee of future results.  Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.  Current performance may be higher or lower than that quoted. Visit ssgafunds.com  for most recent month-end performance.

Fund Net Asset Value  
As of  05/23/2013
1 Day Average Yield (subsidized)0.00%
Percent Change0.20%
Price$30.21
Price Change$0.06
Shares Outstanding490,051
Total Net Assets$14.80 M

PURCHASE INFORMATION

Minimum Investments
Initial $1,000.00
Additional $100.00
Initial IRA $250.00
Additional IRA $100.00
Additional AIP $100.00

Brokerage Availability
SSgA Funds are available through most major broker/dealer and supermarket platforms. If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.

To Purchase by wire
You may make initial or subsequent investments by wiring federal funds to State Street, as Transfer Agent by:

1. Telephoning the Customer Service Department at 1-800-647-7327 between 8:00 a.m. and 4:00 p.m., Eastern Time, and stating: (a) your account registration number, address and social security or tax identification number, (b) the name of the fund in which the investment is to be made and the account number, and (c) the exact amount being wired.

2. Instructing the wiring bank to wire federal funds to:
State Street Bank and Trust Co.
225 Franklin Street, Boston, MA 02110
ABA# 0110-0002-8
DDA#9904-631-0
Attn: SSGA (SSgA Small Cap Fund)
Account Number and Registration
Dollar Amount Per Account (if one wire is to cover more than one purchase)

Correspondence Information
SSgA Funds
One Lincoln Street
Boston, MA 02111-2900
1-800-647-7327



The short- term results of a relatively new fund are not necessarily indicative of its long-term prospects.  The use of short selling entails a high degree of risk, may increase potential losses and is not suitable for all investors.


Not FDIC Insured - No Bank Guarantee - May Lose Value

Unless otherwise noted all information contained herein is that of the SSgA Dynamic Small Cap Fund.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies. Returns on investments in stocks of small companies could trail the returns on investments in stocks of larger companies.


The Russell 2000 Index is unmanaged and can not be invested in directly. The Index is composed of the 2,000 smallest securities in the Russell 3000 Index, representing approximately 11% of the Russell 3000 total market capitalization. This index is widely regarded in the industry as the premier measure of small cap stocks.

The Russell 2000 Index is a trademark of the Frank Russell Company.  RussellTM  is a trademark of the Frank Russell Company.