Morningstar

Spirit of America Municipal Tax Free Bond Fund Institutional Shares SOIMX

Morningstar Medalist Rating
Medalist Rating as of | See Spirit of America Investment Hub
  • NAV / 1-Day Return 8.59  /  −0.12 %
  • Total Assets 22.8M
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.61%
  • Effective Duration —

USD | NAV as of Jun 11, 2026 | 1-Day Return as of Jun 11, 2026, 1:14 AM GMT+0

Morningstar’s Analysis SOIMX

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

  • People Pillar

    The People Pillar is our evaluation of the SOIMX 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 SOIMX’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 Municipal T/F Bd Ins 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
Rated on Published on

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Portfolio Holdings SOIMX

More SOIMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UNIVERSITY NEB FACS CORP REV 4%

2.41 545,963
municipal

MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25%

2.39 541,947
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 5%

2.22 501,999
municipal

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

2.21 500,912
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5%

2.21 499,840
municipal

NEW JERSEY ST HSG & MTG FIN AGY MULTI-FAMILY REV 3.5%

2.20 497,886
municipal

MICHIGAN PUB EDL FACS AUTH REV 6%

2.15 487,774
municipal

CLIFTON TEX HIGHER ED FIN CORP ED REV 4%

2.12 480,453
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4%

2.04 461,104
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

2.00 453,560
municipal

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