Spirit of America Real Estate Income & Growth Fund Class A

 (MUTF:SOAAX)   Watch this mutual fund  
Find more results for MUTF:SOAAX

Performance

Trailing returns

1 day   +0.49%
   
1 week   +0.74%
   
4 week   +2.05%
   
3 month   +8.79%
   
YTD   +20.67%
   
1 year   +14.39%
   
3 years*   +9.78%
   
5 years*   +21.47%
   
*annualized
Best 3 month return+44.47%  
Worst 3 month return-53.12%  

Morningstar statistics

Morningstar category: Real Estate
  Return Risk Rating
3 years Low Below Average
5 years Below Average Above Average
10 years Low Above Average
Overall Low Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets130.37M 
Front load5.25%  
Deferred load-  
Expense ratio1.68%  
Management fee-  
Fund familySpirit of America 

Asset allocation

Cash-0.48%  
Stocks97.23%  
Bonds0.00%  
Preferred2.07%  
Other1.19%  

Purchase information

Initial$500  
Additional$50  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
12.23-0.02(-0.16%)
Jul 30, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide current income and growth of capital. The fund invests primarily in real estate investment trusts (REITs) with successful track records. REITs are pooled investment vehicles which invest primarily in income-producing real estate or real estate-related loans or interests. It intends to invest at least 80% of its total assets in equity REITs and the equity securities of real estate industry companies. The fund may also invest in mortgage-backed securities, investment-grade taxable municipal obligations, master limited partnerships ("MLPs") and short-term investments.
Fund filings (PDF) »
Asset manager:
Raymond Mathis (Started: Dec 31, 2008)
Advisor Company:
Spirit Of America Management Corp
Fund family reports on Morningstar »
Spirit of America, 477 Jericho Turnpike, Syosset NY 11791, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 4.28 1.03 8.48 -1.42
Beta* 0.47 0.84 0.96 1.22
Mean annual return 1.19 0.85 1.87 0.73
R-squared* 15.52 56.43 57.91 56.99
Standard deviation 11.45 16.00 18.95 26.72
Sharpe ratio 1.24 0.63 1.18 0.27
* Against standard index

Top 10 holdings

Security Net Assets  
Simon Property Group Inc (SPG) 6.34%  
Digital Realty Trust Inc (DLR) 4.10%  
Dupont Fabros Technology Inc (DFT) 3.71%  
Prologis Inc (PLD) 3.45%  
AvalonBay Communities Inc (AVB) 3.32%  
Apartment Investment & Management Company (AIV) 2.95%  
Kilroy Realty Corp (KRC) 2.91%  
Equity Residential (EQR) 2.88%  
Federal Realty Investment Trust (FRT) 2.77%  
Enterprise Products Partners LP (EPD) 2.41%