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Morningstar

Spirit of America Municipal T/F Bond A SOAMX

Morningstar Medalist Rating
Medalist Rating as of | See Spirit of America Investment Hub
  • NAV / 1-Day Return 8.52  /  0.12 %
  • Total Assets 34.5 Mil
  • Adj. Expense Ratio
    0.920%
  • 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 1.98%
  • Effective Duration 6.21 years

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 11:16 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.

Process Pillar

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

People Pillar

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

Weakness in Spirit of America Municipal T/ F Bond 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 SOAMX

More SOAMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 140
  • Other Holdings 1
  • % Assets in Top 10 Holdings 20.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ORLANDO FLA CAP IMPT SPL REV 5%

3.13
1,003,013
municipal

MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4%

3.09
987,569
municipal

NEVADA SYS HIGHER ED CTFS PARTN 4%

2.19
701,386
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

1.93
618,580
municipal

INDIANA ST FIN AUTH WASTEWATER UTIL REV 5%

1.83
587,212
municipal

SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5%

1.78
570,387
municipal

CONNECTICUT ST 5%

1.61
516,475
municipal

PHOENIX ARIZ 5%

1.61
515,726
municipal

MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV 5.25%

1.58
505,114
municipal

FSU FINL ASSISTANCE INC FLA EDL & ATHLETIC FACS IMPT REV 5%

1.56
500,434
municipal