Spirit of America Real Estate Income & Growth Fund Class B

 (MUTF:SOABX)   Watch this mutual fund  
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Trailing returns

Best 3 month return+44.56%  
Worst 3 month return-53.24%  

Morningstar statistics

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

Key statistics

Total assets141.25M 
Front load-  
Deferred load5.75%  
Expense ratio2.44%  
Management fee-  
Fund familySpirit of America 

Asset allocation


Purchase information

IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
Apr 11, 4:00PM EDT Overall Morningstar RatingTM


The investment seeks 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, under normal circumstances, 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


  1 year 3 years 5 years 10 years  
Alpha* 5.08 5.36 2.00 -2.22
Beta* 0.52 0.91 1.40 1.28
Mean annual return 0.95 1.17 0.67 0.82
R-squared* 45.68 66.89 68.71 58.08
Standard deviation 9.60 18.46 35.10 27.11
Sharpe ratio 1.17 0.75 0.22 0.30
* Against standard index

Top 10 holdings

Security Net Assets  
Simon Property Group Inc (SPG) 10.29%  
HCP Inc (HCP) 5.47%  
Equity Residential (EQR) 4.94%  
Boston Properties Inc (BXP) 4.89%  
Digital Realty Trust, Inc. (DLR) 3.88%  
Dupont Fabros Technology Inc (DFT) 3.03%  
Prologis Inc (PLD) 2.85%  
UDR Inc (UDR) 2.66%  
Associated Estates Realty Corp. (AEC) 2.60%  
Host Hotels & Resorts Inc (HST) 2.45%