Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Spirit of America Income Institutional SOITX
- NAV / 1-Day Return 10.08 / −0.10 %
- Total Assets 68.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.890%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Long-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 5.15%
- Effective Duration 8.59 years
USD | NAV as of May 13, 2024 | 1-Day Return as of May 13, 2024, 10:12 PM GMT+0
Morningstar’s Analysis SOITX
Will SOITX 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 26.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TOBACCO SETTLEMENT FING CORP VA 6.706% | 6.65 | 4.7 Mil | municipal |
KANSAS CITY MO SPL OBLIG 7.83% | 3.71 | 2.6 Mil | municipal |
HEALTH CARE AUTH FOR BAPTIST HEALTH ALA 5.5% | 2.74 | 1.9 Mil | municipal |
MetLife Inc. 9.25% | 2.50 | 1.8 Mil | Corporate |
MUNICIPAL ELEC AUTH GA 7.055% | 2.28 | 1.6 Mil | municipal |
MetLife Inc. 10.75% | 1.93 | 1.4 Mil | Corporate |
MIAMI-DADE CNTY FLA SPL OBLIG 7.5% | 1.71 | 1.2 Mil | municipal |
GLENWOOD ILL 7.03% | 1.70 | 1.2 Mil | municipal |
VIRGIN ISLANDS WTR & PWR AUTH ELEC SYS REV 6.85% | 1.61 | 1.1 Mil | municipal |
CUYAHOGA CNTY OHIO HOSP REV 8.223% | 1.60 | 1.1 Mil | municipal |