Morningstar

Spirit of America Income Fund Institutional Shares SOITX

Morningstar Medalist Rating
Medalist Rating as of | See Spirit of America Investment Hub
  • NAV / 1-Day Return 9.83  /  −0.20 %
  • Total Assets 38.0M
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Long-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 5.53%
  • Effective Duration —

USD | NAV as of Aug 15, 2026 | 1-Day Return as of Aug 15, 2026, 12:51 AM GMT+0

Morningstar’s Analysis SOITX

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

  • People Pillar

    The People Pillar is our evaluation of the SOITX 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 SOITX’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 Institutional 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 SOITX

More SOITX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TOBACCO SETTLEMENT FING CORP VA 6.706%

9.38 4M
municipal

KANSAS CITY MO SPL OBLIG 7.83%

5.56 2M
municipal

HEALTH CARE AUTH FOR BAPTIST HEALTH ALA 5.5%

4.62 2M
municipal

MetLife Inc. 9.25%

4.25 2M
Corporate

MUNICIPAL ELEC AUTH GA 7.055%

3.62 1M
municipal

MetLife Inc. 10.75%

3.15 1M
Corporate

CUYAHOGA CNTY OHIO HOSP REV 8.223%

2.77 1M
municipal

VIRGIN ISLANDS WTR & PWR AUTH ELEC SYS REV 6.85%

2.61 1M
municipal

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

2.59 1M
municipal

PECO Energy Capital Trust IV 5.75%

2.40 990,436
Corporate

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