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 Bond A SOAMX
- NAV / 1-Day Return 8.51 / +0.01 %
- Total Assets 33.5 Mil
-
Adj. Expense Ratio
- 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 2.22%
- Effective Duration 4.54 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4% | 2.95 | 1.0 Mil | municipal |
ORLANDO FLA CAP IMPT SPL REV 5% | 2.92 | 1.0 Mil | municipal |
NEVADA SYS HIGHER ED CTFS PARTN 4% | 2.08 | 717,025 | municipal |
CALIFORNIA ST PUB WKS BRD LEASE REV 5% | 1.84 | 633,919 | municipal |
UNIVERSITY NEB FACS CORP REV 4% | 1.72 | 594,067 | municipal |
SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | 1.68 | 577,601 | municipal |
CONNECTICUT ST 5% | 1.54 | 531,069 | municipal |
MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25% | 1.54 | 530,928 | municipal |
PHOENIX ARIZ 5% | 1.52 | 525,371 | municipal |
PENNSYLVANIA ST TPK COMMN TPK REV 5% | 1.47 | 506,798 | municipal |