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Morningstar

Spirit of America Real Estate Inc & Gr A SOAAX

Morningstar Medalist Rating
Medalist Rating as of | See Spirit of America Investment Hub
  • NAV / 1-Day Return 8.94  /  0.00
  • Total Assets 73.6 Mil
  • Adj. Expense Ratio
    1.540%
  • Expense Ratio 1.540%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 500
  • Status Open
  • TTM Yield 9.70%
  • Turnover 16%

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:18 PM GMT+0

Morningstar’s Analysis SOAAX

Will SOAAX outperform in 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 SOAAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SOAAX 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 SOAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Spirit of America Real Estate Inc& Gr A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SOAAX

More SOAAX Holdings
  • Current Portfolio Date
  • Equity Holdings 68
  • Bond Holdings 0
  • Other Holdings 28
  • % Assets in Top 10 Holdings 47.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

11.55
7,783,038
Real Estate

Equinix Inc

6.71
4,523,768
Real Estate

Extra Space Storage Inc

5.03
3,390,501
Real Estate

Digital Realty Trust Inc

4.68
3,156,381
Real Estate

VICI Properties Inc Ordinary Shares

3.95
2,658,786
Real Estate

AvalonBay Communities Inc

3.79
2,550,739
Real Estate

Terreno Realty Corp

3.27
2,205,792
Real Estate

Public Storage

3.21
2,166,293
Real Estate

Welltower Inc

3.11
2,092,340
Real Estate

Equity Residential

2.52
1,699,461
Real Estate