State of Michigan 401(k) and 457 Plans

State Street U.S. Bond Index Non-Lending Series Fund Class A

Manager: State Street

Category: Fixed income

Objective: Match the performance of the Lehman Brother’s Aggregate Bond Index, a measure of government, high-grade corporate, mortgage-backed and asset-backed securities with maturities of greater than one year.

Strategy: The Fund invests primarily in government, corporate, mortgage-backed and asset-backed securities. The fund invests in a well-diversified portfolio that is representative of the broad domestic bond market.

Fund fact sheet