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EX-99.(D)(13) 4 d440014dex99d13.htm FEE WAIVER AND/OR EXPENSE REIMBURSEMENT ARRANGEMENTS LETTER DATED DEC. 30, 2024 STATE STREET INSTITUTIONAL INVESTMENT TRUST - Fee Waiver and/or Expense Reimbursement Arrangements letter dated December 30, 2024 between SSGA FM and the Trust with respect to the State Street Target Retirement 2070 Fund is filed herewith.

Mr. Bruce Rosenberg

Treasurer

State Street Institutional Investment Trust

c/o SSGA Funds Management, Inc.

1 Iron Street

Boston, Massachusetts 02210

 

RE:

State Street Institutional Investment Trust Fee Waiver and/or Expense Reimbursement Arrangements

December 30, 2024

Dear Mr. Rosenberg:

Section I. Total Annual Fund Operating Expense Arrangements

SSGA Funds Management, Inc. (“SSGA FM”), as adviser to each series (each a “Fund” and collectively, the “Funds”) of the State Street Institutional Investment Trust (the “Trust”), agrees until the date listed in the “Expiration Date” column below (the “Expiration Date”):

(a)(i) to waive up to the full amount of the advisory fee payable by a Fund, and/or (ii) to reimburse a Fund to the extent that Total Annual Fund Operating Expenses (exclusive of nonrecurring account fees, interest, taxes, extraordinary expenses, and distribution, shareholder servicing, and sub-transfer agency fees) exceed the following percentage of average daily net assets on an annual basis with respect to the below-listed Funds:

 

Fund Name

   Expense Limitation     Expiration Date

State Street Target Retirement 2070 Fund

     0.09   April 30, 2026

Each of the above stated fee waiver and/or expense reimbursement arrangement set forth in Section I(a) supersedes any prior fee waiver and/or expense reimbursement arrangement for the applicable Fund and (ii) may only be terminated during the relevant period with the approval of the Fund’s Board of Trustees. SSGA FM and a Fund Officer are authorized to take such actions as they deem necessary and appropriate to continue the above stated waiver and/or expense reimbursement arrangement for additional periods, including of one or more years, after the Expiration Date.

If the arrangements in Section I of this memorandum are acceptable to you, please sign below to indicate your acceptance and agreement and return a copy of this letter to me.

 

Sincerely,
SSGA FUNDS MANAGEMENT, INC.

/s/ Jeanne LaPorta

By:

Jeanne LaPorta

President

Accepted and Agreed:
STATE STREET INSTITUTIONAL INVESTMENT TRUST, ON BEHALF OF THE FUNDS NAMED ABOVE

/s/ Bruce Rosenberg

By:
Bruce Rosenberg
Treasurer