Morningstar

Spirit of America Income Fund Class C SACTX

Morningstar Medalist Rating
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Medalist Rating as of See Spirit of America Investment Hub
  • NAV / 1-Day Return $9.51  /  +0.63 %
  • Fund Size $34.5M
  • Adjusted Expense Ratio 1.890%
  • Net Expense Ratio 1.890%
  • Fee Level: Distribution High
  • Share Class Type Level Load
  • Morningstar Category Long-Term Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $500
  • Investment Status Open
  • TTM Yield 4.83%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis SACTX

Will SACTX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SACTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SACTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SACTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Spirit of America Income C holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings SACTX

More SACTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TOBACCO SETTLEMENT FING CORP VA 6.706%

9.83 4M
municipal

KANSAS CITY MO SPL OBLIG 7.83%

5.92 2M
municipal

HEALTH CARE AUTH FOR BAPTIST HEALTH ALA 5.5%

4.91 2M
municipal

MetLife Inc. 9.25%

4.64 2M
Corporate

MUNICIPAL ELEC AUTH GA 7.055%

3.90 1M
municipal

MetLife Inc. 10.75%

3.42 1M
Corporate

CUYAHOGA CNTY OHIO HOSP REV 8.223%

2.99 1M
municipal

VIRGIN ISLANDS WTR & PWR AUTH ELEC SYS REV 6.85%

2.81 1M
municipal

PITTSBURGH & ALLEGHENY CNTY PA SPORTS & EXHIB AUTH COMWLTH LEASE REV 7.04%

2.80 1M
municipal

PECO Energy Capital Trust IV 5.75%

2.60 971,791
Corporate

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