Spirit of America Municipal Tax Free Bond Fund Class A

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


Trailing returns

1 day   +0.00%  
1 week
4 week   +0.66%
3 month   +1.93%
YTD   +3.10%
1 year   +6.73%
3 years*   +2.73%
5 years*   +5.24%
Best 3 month return+15.25%  
Worst 3 month return-16.99%  

Morningstar statistics

Morningstar category: Muni National Long
  Return Risk Rating
3 years Low High
5 years Below Average High
10 years     -     - -
Overall Below Average High

Key statistics

Total assets107.97M 
Front load4.75%  
Deferred load-  
Expense ratio0.91%  
Management fee-  
Fund familySpirit of America 

Asset allocation


Purchase information

IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
May 26, 8:00PM EDT Overall Morningstar RatingTM


The investment seeks to provide high current income that is exempt from federal income tax, including alternative minimum tax. The fund normally invests at least 80% of its assets in municipal bonds that are exempt from federal income tax, including the alternative minimum tax. The advisor intends to invest a substantial portion of its assets in high yield municipal bonds and "private activity" bonds. It may also invest a portion of its total assets in municipal bonds that finance projects such as those relating to utilities, transportation, health care, housing and education, and a portion of its total assets in industrial development bonds.
Fund filings (PDF) »
Asset manager:
Douglas Revello (Started: May 18, 2009)
Advisor Company:
Spirit Of America Management Corp
Fund family reports on Morningstar »
Spirit of America, 477 Jericho Turnpike, Syosset, NY 11791, USA


  1 year 3 years 5 years 10 years  
Alpha* -0.81 -3.14 -2.42     -
Beta* 1.21 1.62 1.53     -
Mean annual return 0.45 0.21 0.47     -
R-squared* 88.17 95.07 93.24     -
Standard deviation 1.83 5.66 5.24     -
Sharpe ratio 2.92 0.43 1.06     -
* Against standard index

Top 10 holdings