1 / 5 Stars
1 1 1 1 4
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#49 in Real Estate
U.S. News evaluated 72 Real Estate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.99 percent over the past year, 6.36 percent over the past three years, 21.36 percent over the past five years, and 3.34 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||3.0%|
|3 Years (Annualized)||6.4%|
|5 Years (Annualized)||21.4%|
|10 Years (Annualized)||3.3%|
The investment seeks current income and growth of capital. The fund invests primarily in real estate investment trusts (REITs) with successful track records. REITs are pooled investment vehicles which invest primarily in income-producing real estate or real estate-related loans or interests. It intends to invest at least 80% of its total assets in equity REITs and the equity securities of real estate industry companies. The fund may also invest in mortgage-backed securities, investment-grade taxable municipal obligations, master limited partnerships ("MLPs") and short-term investments.
Fees are Above Average compared to funds in the same category.
Spirit of America Real Estate Income & Growth Fund has an expense ratio of 1.75 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.