Business Description
SSGA Funds Management Inc. focuses the majority of this fund's assets on corporate bonds set to mature in 2028, including those that give the issuing company the right to repay early. At least 80% of the fund's holdings, along with any borrowed investment capital, are kept in corporate bonds at all times. Because the fund concentrates its positions rather than spreading them broadly, it carries a higher level of risk than a typical diversified fund.
