Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Spirit of America Municipal T/F Bond A SOAMX
- NAV / 1-Day Return 8.58 / −0.06 %
- Total Assets 34.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.920%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 500
- Status Open
- TTM Yield 2.02%
- Effective Duration 4.54 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0
Morningstar’s Analysis SOAMX
Will SOAMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4% | 2.93 | 1.0 Mil | municipal |
ORLANDO FLA CAP IMPT SPL REV 5% | 2.90 | 1.0 Mil | municipal |
NEVADA SYS HIGHER ED CTFS PARTN 4% | 2.07 | 718,876 | municipal |
CALIFORNIA ST PUB WKS BRD LEASE REV 5% | 1.83 | 636,070 | municipal |
UNIVERSITY NEB FACS CORP REV 4% | 1.72 | 596,142 | municipal |
SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | 1.67 | 579,352 | municipal |
HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 4% | 1.57 | 546,115 | municipal |
CONNECTICUT ST 5% | 1.53 | 533,011 | municipal |
MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25% | 1.52 | 529,727 | municipal |
PHOENIX ARIZ 5% | 1.52 | 527,607 | municipal |