Spirit of America Municipal Tax Free Bond Fund Class A (SOAMX)
| Fund Assets | 27.19M |
| Expense Ratio | 0.92% |
| Min. Investment | $500 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.75% |
| Dividend Growth | 14.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.42 |
| YTD Return | -1.08% |
| 1-Year Return | -1.21% |
| 5-Year Return | -4.20% |
| 52-Week Low | 8.28 |
| 52-Week High | 8.67 |
| Beta (5Y) | 0.23 |
| Holdings | 125 |
| Inception Date | Feb 29, 2008 |
About SOAMX
Spirit of America Municipal Tax Free Bond Fund Class A is a mutual fund that primarily invests in municipal bonds, aiming to deliver high current income that is exempt from federal income tax, including the alternative minimum tax. The fund commits to allocating at least 80% of its assets to tax-exempt municipal securities, which are typically issued by state and local governments to finance public projects such as schools, infrastructure, and public utilities. It holds a diversified portfolio, with significant exposure across various states and sectors, including education, public improvements, and housing. With over 130 individual bond holdings, the fund’s risk and return profile is representative of the intermediate-term municipal bond sector, offering monthly dividend distributions that appeal to investors seeking tax-advantaged income. The fund plays a significant role for investors interested in federal tax-exempt fixed income, contributing to diversified portfolios and serving those with objectives focused on income stability and tax efficiency.
Performance
SOAMX had a total return of -1.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
22.58% of assets| Name | Symbol | Weight |
|---|---|---|
| MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 4% | FL.MIAEDU 4 02.01.2033 | 3.67% |
| ORLANDO FLA CAP IMPT SPL REV 5% | FL.ORLGEN 5 10.01.2046 | 3.66% |
| NEVADA SYS HIGHER ED CTFS PARTN 4% | NV.NVSEDU 4 07.01.2027 | 2.22% |
| SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 5% | MN.SOUPWR 5 01.01.2041 | 2.08% |
| UNIVERSITY NEB FACS CORP REV 4% | NE.UNIHGR 4 07.15.2062 | 1.95% |
| MASSACHUSETTS ST HSG FIN AGY HSG REV 3.25% | MA.MASHSG 3.25 12.01.2036 | 1.87% |
| FSU FINL ASSISTANCE INC FLA EDL & ATHLETIC FACS IMPT REV 5% | FL.FSUHGR 5 10.01.2030 | 1.83% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | PA.PASTRN 5 12.01.2045 | 1.83% |
| MICHIGAN PUB EDL FACS AUTH REV 6% | MI.MISEDU 6 12.01.2035 | 1.75% |
| NEW JERSEY ST HSG & MTG FIN AGY MULTI-FAMILY REV 3.5% | NJ.NJSMFH 3.5 11.01.2036 | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02373 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02196 | Jul 1, 2025 |
| May 30, 2025 | $0.02136 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01969 | May 1, 2025 |
| Mar 31, 2025 | $0.01979 | Apr 1, 2025 |
| Feb 28, 2025 | $0.01824 | Mar 3, 2025 |