Spirit of America Income Fund

Class A (SOAIX)
Scorecard
3 / 5 Stars
Lipper
3 2 3 2 4
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
B- (Buy)

U.S. News evaluated 20 Long-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.28 percent over the past year, 8.25 percent over the past three years, and 9.97 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 9.9%
1 Year 7.3%
3 Years (Annualized) 8.2%
5 Years (Annualized) 10.0%
10 Years (Annualized) N/A

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Summary

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.

Fees

Fees are Above Average compared to funds in the same category.
Spirit of America Income Fund has an expense ratio of 1.10 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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