Morningstar

Spirit of America Income Fund Institutional Shares SOITX

Medalist Rating as of Aug 31, 2026 See Spirit of America Investment Hub

Strategy

The investment seeks to provide high current income. The fund invests at least 80% of its assets in a portfolio of taxable municipal bonds, income producing convertible securities, preferred stocks, high yield U.S. corporate bonds, and CMOs. It may also invest in U.S. government agency securities issued or guaranteed by U.S. government-sponsored enterprises and federal agencies, including securities issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association. The fund may also invest in MLPs, equity securities of dividend paying companies and private placements.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SOITX	Spirit of America Income Fund Institutional Shares	Institutional	Open			May 1, 2020	$13,199.00	0.900%	High	$100,000	$337.03
SOAIX	Spirit of America Income Fund Class A	Front Load	Open			Dec 31, 2008	$34.20M	1.140%	High	$500	−$17.27M
SACTX	Spirit of America Income Fund Class C	Level Load	Open			Mar 15, 2016	$328,499.00	1.890%	High	$500	−$103,158.17

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