Spirit of America Municipal Tax Free Bond Fund Class A

 (MUTF:SOAMX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.15%
   
4 week
   
-0.13%  
3 month   +2.22%
   
YTD   +4.94%
   
1 year   +7.96%
   
3 years*   +6.37%
   
5 years*   +5.10%
   
*annualized
Best 3 month return+15.25%  
Worst 3 month return-16.99%  

Morningstar statistics

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

Key statistics

Total assets111.21M 
Front load4.75%  
Deferred load-  
Expense ratio0.91%  
Management fee-  
Fund familySpirit of America 

Asset allocation

Cash0.52%  
Stocks0.00%  
Bonds99.48%  
Other0.00%  

Purchase information

Initial$500  
Additional$50  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
9.87+0.01(0.10%)
Jul 28, 8:00PM EDT Overall Morningstar RatingTM

Description

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 managers:
Douglas Revello (Started: May 18, 2009)
Mark Reilly (Started: Jul 1, 2016)
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* 0.87 -3.35 -2.58     -
Beta* 1.04 1.62 1.52     -
Mean annual return 0.72 0.46 0.45     -
R-squared* 89.93 92.73 93.53     -
Standard deviation 1.64 4.67 5.19     -
Sharpe ratio 5.15 1.16 1.02     -
* Against standard index

Top 10 holdings