Spirit of America Income Fund Class A

 (MUTF:SOAIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.08%
   
1 week   +0.81%
   
4 week   +1.49%
   
3 month   +3.37%
   
YTD   +12.62%
   
1 year   +13.19%
   
3 years*   +7.72%
   
5 years*   +9.20%
   
*annualized
Best 3 month return+12.22%  
Worst 3 month return-5.98%  

Morningstar statistics

Morningstar category: Long-Term Bond
  Return Risk Rating
3 years Average Below Average
5 years Average Below Average
10 years     -     - -
Overall Average Below Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets199.72M 
Front load4.75%  
Deferred load-  
Expense ratio1.10%  
Management fee-  
Fund familySpirit of America 

Asset allocation

Cash0.00%  
Stocks7.91%  
Bonds78.73%  
Preferred13.36%  
Other0.00%  

Purchase information

Initial$500  
Additional$50  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
12.23+0.01(0.08%)
Aug 29, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide high current income. The fund invests at least 80% of its assets in a portfolio of taxable municipal bonds, income producing convertible securities, preferred stocks, high yield U.S. corporate bonds, and CMOs. It may also invest in U.S. government agency securities issued or guaranteed by U.S. government-sponsored enterprises and federal agencies, including securities issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association. The fund may also invest in MLPs, equity securities of dividend paying companies and private placements.
Fund filings (PDF) »
Asset manager:
William Mason (Started: Jan 1, 2009)
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* 1.44 2.75 2.50     -
Beta* 1.65 1.47 1.48     -
Mean annual return 0.66 0.60 0.75     -
R-squared* 70.69 73.82 65.38     -
Standard deviation 4.84 4.59 5.15     -
Sharpe ratio 1.62 1.55 1.73     -
* Against standard index

Top 10 holdings