Spirit of America Income Fund Class A (SOAIX)
| Fund Assets | 45.99M |
| Expense Ratio | 1.14% |
| Min. Investment | $500 |
| Turnover | 2.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 6.09% |
| Dividend Growth | 20.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.79 |
| YTD Return | -2.34% |
| 1-Year Return | 1.98% |
| 5-Year Return | 5.95% |
| 52-Week Low | 9.80 |
| 52-Week High | 10.81 |
| Beta (5Y) | 0.41 |
| Holdings | 118 |
| Inception Date | Dec 31, 2008 |
About SOAIX
Spirit of America Income Fund Class A is an open-end mutual fund designed to provide high current income by allocating its investments primarily across a diversified fixed income portfolio. The fund typically invests at least 80% of its assets in taxable municipal bonds, high yield U.S. corporate bonds, income-producing convertible securities, preferred stocks, and collateralized mortgage obligations, with some additional exposure to U.S. government agency securities. This multi-sector approach allows the fund to participate in various segments of the bond market, aiming to capture a competitive yield while managing credit and interest rate risk. The fund holds approximately 150 positions, spanning multiple states and sectors, and manages credit quality through careful selection, utilizing ratings from agencies such as Moody’s and S&P. With a monthly dividend distribution, its structure is suitable for investors seeking steady income and willing to accept the related volatility and credit risk of its underlying holdings. Since its inception in 2008, the Spirit of America Income Fund Class A has played a role in offering income-focused investors exposure to a broad range of fixed income assets.
Performance
SOAIX had a total return of 1.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.99%.
Top 10 Holdings
36.93% of assets| Name | Symbol | Weight |
|---|---|---|
| TOBACCO SETTLEMENT FING CORP VA 6.706% | VA.TOBGEN 6.71 06.01.2046 | 8.83% |
| KANSAS CITY MO SPL OBLIG 7.83% | MO.KANGEN 7.83 04.01.2040 | 5.19% |
| HEALTH CARE AUTH FOR BAPTIST HEALTH ALA 5.5% | AL.HLTMED 5.5 11.15.2043 | 4.02% |
| MetLife Inc. 9.25% | MET.9.25 04.08.38 | 3.81% |
| MUNICIPAL ELEC AUTH GA 7.055% | GA.MELPWR 7.05 04.01.2057 | 3.25% |
| MetLife Inc. 10.75% | MET.10.75 08.01.39 | 2.82% |
| CUYAHOGA CNTY OHIO HOSP REV 8.223% | OH.CUYMED 8.22 02.15.2040 | 2.36% |
| VIRGIN ISLANDS WTR & PWR AUTH ELEC SYS REV 6.85% | VI.VITWTR 6.85 07.01.2035 | 2.29% |
| PITTSBURGH & ALLEGHENY CNTY PA SPORTS & EXHIB AUTH COMWLTH LEASE REV 7.04% | PA.PIT 7.04 11.01.2039 | 2.27% |
| PECO Energy Capital Trust IV 5.75% | EXC.5.75 06.15.33 | 2.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0342 | Jan 30, 2026 |
| Dec 30, 2025 | $0.212 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0354 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0444 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0477 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0331 | Aug 29, 2025 |