Spirit of America Real Estate Income & Growth Fund Class A (SOAAX)
| Fund Assets | 71.33M |
| Expense Ratio | 1.60% |
| Min. Investment | $500 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 9.70% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.37 |
| YTD Return | -2.25% |
| 1-Year Return | -0.34% |
| 5-Year Return | 21.01% |
| 52-Week Low | 7.81 |
| 52-Week High | 10.14 |
| Beta (5Y) | 0.93 |
| Holdings | 102 |
| Inception Date | Jan 9, 1998 |
About SOAAX
Spirit of America Real Estate Income & Growth Fund Class A is an open-end mutual fund focused on the real estate sector. Its primary objective is to provide investors with current income and capital growth by investing predominantly in real estate investment trusts (REITs) and the equity securities of real estate industry companies. The fund is structured to hold at least 80% of its assets in equity REITs and related firms, seeking out those with strong track records, attractive valuations, and high dividend yields relative to peers. The fund's portfolio is relatively broad, typically comprising over 100 holdings, yet concentrated, with nearly half of assets allocated to the top ten positions — major names in real estate such as Welltower Inc., Equinix Inc., and Digital Realty Trust Inc.. It aims to balance income generation with growth, making it of particular interest to investors looking for exposure to income-producing real estate assets. Spirit of America Real Estate Income & Growth Fund Class A plays a significant role in providing diversified real estate exposure within the mutual fund landscape, benchmarking its performance against the MSCI US REIT Index and the S&P 500 Index. Investors should note that its sector-focused approach can lead to greater volatility compared to broader market funds, and its expense ratio is higher relative to the category average.
Performance
SOAAX had a total return of -0.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.40%.
Top 10 Holdings
47.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 7.32% |
| Equinix, Inc. | EQIX | 6.58% |
| Digital Realty Trust, Inc. | DLR | 5.95% |
| Iron Mountain Incorporated | IRM | 5.13% |
| AvalonBay Communities, Inc. | AVB | 4.70% |
| Essex Property Trust, Inc. | ESS | 3.70% |
| VICI Properties Inc. | VICI | 3.68% |
| Prologis, Inc. | PLD | 3.57% |
| Equity Residential | EQR | 3.34% |
| Public Storage | PSA | 3.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.425 | Jun 30, 2025 |
| Dec 30, 2024 | $0.425 | Dec 30, 2024 |
| Jun 28, 2024 | $0.425 | Jun 28, 2024 |
| Dec 28, 2023 | $0.425 | Dec 28, 2023 |
| Jun 30, 2023 | $0.425 | Jun 30, 2023 |
| Dec 29, 2022 | $0.425 | Dec 30, 2022 |