Spirit of America Investment Fund, Inc. - Spirit of America High Yield Tax Free Bond Fund (SACFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.51
+0.02 (0.24%)
Dec 20, 2024, 4:00 PM EST
-1.05% (1Y)
| Fund Assets | 31.94M |
| Expense Ratio | 1.77% |
| Min. Investment | $500 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.89% |
| Dividend Growth | 67.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 8.49 |
| YTD Return | -0.02% |
| 1-Year Return | 0.25% |
| 5-Year Return | -4.29% |
| 52-Week Low | 8.42 |
| 52-Week High | 8.65 |
| Beta (5Y) | n/a |
| Holdings | 138 |
| Inception Date | Mar 15, 2016 |
About SACFX
The fund normally invests at least 80% of its assets in municipal bonds that are exempt from federal income tax, including the alternative minimum tax. The advisor intends to invest a substantial portion of its assets in high yield municipal bonds and "private activity" bonds. It may also invest a portion of its total assets in municipal bonds that finance projects such as those relating to utilities, transportation, health care, housing and education, and a portion of its total assets in industrial development bonds.
Fund Family Spirit of America
Category Gen & Ins Muni
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SACFX
Index Bloomberg Municipal Bond TR
Performance
SACFX had a total return of 0.25% in the past year. Since the fund's inception, the average annual return has been 0.44%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.52% |
| FIWEX | Fidelity | Fidelity Advisor Municipal Income Fund - Class Z | 0.40% |
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FSABX | Fidelity | Fidelity SAI Municipal Bond Index Fund | 0.07% |
Top 10 Holdings
21.02% of assets| Name | Symbol | Weight |
|---|---|---|
| MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4% | FL MIAEDU 4 02.01.2033 | 3.22% |
| ORLANDO FLA CAP IMPT SPL REV 5% | FL ORLGEN 5 10.01.2046 | 3.20% |
| NEVADA SYS HIGHER ED CTFS PARTN 4% | NV NVSEDU 4 07.01.2027 | 2.27% |
| CALIFORNIA ST PUB WKS BRD LEASE REV 5% | CA CASFAC 5 11.01.2029 | 1.99% |
| UNIVERSITY NEB FACS CORP REV 4% | NE UNIHGR 4 07.15.2062 | 1.93% |
| SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | MN SOUPWR 5 01.01.2041 | 1.83% |
| MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25% | MA MASHSG 3.25 12.01.2036 | 1.67% |
| CONNECTICUT ST 5% | CT CTS 5 04.15.2032 | 1.66% |
| PHOENIX ARIZ 5% | AZ PHO 5 07.01.2027 | 1.65% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | PA PASTRN 5 12.01.2045 | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.01349 | Dec 2, 2024 |
| Oct 31, 2024 | $0.01389 | Nov 1, 2024 |
| Sep 30, 2024 | $0.01293 | Oct 1, 2024 |
| Aug 30, 2024 | $0.01384 | Sep 3, 2024 |
| Jul 31, 2024 | $0.01407 | Aug 1, 2024 |
| Jun 28, 2024 | $0.01352 | Jul 1, 2024 |