Morningstar

Spirit of America Income A SOAIX

Morningstar Medalist Rating
Medalist Rating as of | See Spirit of America Investment Hub
  • NAV / 1-Day Return 10.64  /  0.00
  • Total Assets 69.2 Mil
  • Adj. Expense Ratio
    1.140%
  • Expense Ratio 1.140%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Long-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 500
  • Status Open
  • TTM Yield 4.68%
  • Effective Duration —

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis SOAIX

Will SOAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SOAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SOAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SOAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Spirit of America Income A to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SOAIX

More SOAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TOBACCO SETTLEMENT FING CORP VA 6.706%

6.85 4.5 Mil
municipal

KANSAS CITY MO SPL OBLIG 7.83%

3.88 2.6 Mil
municipal

HEALTH CARE AUTH FOR BAPTIST HEALTH ALA 5.5%

2.95 2.0 Mil
municipal

MetLife Inc. 9.25%

2.65 1.8 Mil
Corporate

MUNICIPAL ELEC AUTH GA 7.055%

2.42 1.6 Mil
municipal

MetLife Inc. 10.75%

2.04 1.4 Mil
Corporate

MIAMI-DADE CNTY FLA SPL OBLIG 7.5%

1.83 1.2 Mil
municipal

GLENWOOD ILL 7.03%

1.78 1.2 Mil
municipal

CUYAHOGA CNTY OHIO HOSP REV 8.223%

1.71 1.1 Mil
municipal

VIRGIN ISLANDS WTR & PWR AUTH ELEC SYS REV 6.85%

1.62 1.1 Mil
municipal

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