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 Bd C SACFX
- NAV / 1-Day Return 8.51 / +0.12 %
- Total Assets 33.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.770%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 500
- Status Open
- TTM Yield 1.47%
- Effective Duration 4.54 years
USD | NAV as of May 06, 2024 | 1-Day Return as of May 06, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SACFX
Will SACFX 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 19.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4% | 2.99 | 1.0 Mil | municipal |
ORLANDO FLA CAP IMPT SPL REV 5% | 2.95 | 1.0 Mil | municipal |
NEVADA SYS HIGHER ED CTFS PARTN 4% | 2.09 | 712,516 | municipal |
CALIFORNIA ST PUB WKS BRD LEASE REV 5% | 1.86 | 631,256 | municipal |
UNIVERSITY NEB FACS CORP REV 4% | 1.74 | 590,455 | municipal |
SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | 1.69 | 574,872 | municipal |
MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25% | 1.56 | 531,939 | municipal |
CONNECTICUT ST 5% | 1.56 | 529,119 | municipal |
PHOENIX ARIZ 5% | 1.53 | 522,129 | municipal |
PENNSYLVANIA ST TPK COMMN TPK REV 5% | 1.49 | 506,049 | municipal |