Spirit of America Real Estate Income & Growth Fund (SOAAX)
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. The advisor intends to invest at least 80% of its total assets in equity REITs and the equity securities of real estate industry companies. It may also invest in mortgage-backed securities, investment-grade taxable municipal obligations, master limited partnerships ("MLPs") and short-term investments.
Fund Info
US8486041044
Jan 9, 1998
$500
Mid-Cap
Growth
Expense Ratio
SOAAX has a high expense ratio of 1.52%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Spirit of America Real Estate Income & Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Spirit of America Real Estate Income & Growth Fund had a return of 1.57% year-to-date (YTD) and 13.36% in the last 12 months. Over the past 10 years, Spirit of America Real Estate Income & Growth Fund had an annualized return of 2.28%, while the S&P 500 had an annualized return of 11.31%, indicating that Spirit of America Real Estate Income & Growth Fund did not perform as well as the benchmark.
SOAAX
1.57%
1.57%
0.78%
13.36%
1.59%
2.28%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of SOAAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.34% | 1.57% | |||||||||||
| 2024 | -4.17% | 1.95% | 1.57% | -6.52% | 3.78% | 3.29% | 5.56% | 6.14% | 2.38% | -2.52% | 4.45% | -7.37% | 7.57% |
| 2023 | 9.76% | -4.60% | -1.67% | 0.53% | -3.81% | 4.16% | 1.55% | -2.73% | -6.50% | -4.68% | 10.19% | 8.94% | 9.60% |
| 2022 | -8.56% | -4.33% | 5.67% | -4.90% | -6.71% | -7.69% | 8.32% | -5.39% | -11.59% | 4.48% | 5.12% | -4.96% | -28.40% |
| 2021 | 0.38% | 0.29% | 3.80% | 7.23% | 0.34% | 3.93% | 5.77% | 3.21% | -5.59% | 8.31% | 0.68% | 8.13% | 42.01% |
| 2020 | 1.34% | -7.67% | -16.71% | 8.26% | 1.29% | 1.08% | 6.46% | -0.66% | -4.20% | -2.19% | 6.52% | 4.14% | -5.06% |
| 2019 | 10.97% | 1.17% | 3.55% | 1.03% | -0.08% | 1.68% | 0.87% | 4.21% | 3.05% | 1.12% | -1.50% | -0.50% | 28.09% |
| 2018 | -3.18% | -8.42% | 4.45% | 1.76% | 3.64% | 2.91% | 1.42% | 2.44% | -2.38% | -5.06% | 4.68% | -12.02% | -10.85% |
| 2017 | 0.26% | 2.82% | -2.49% | 1.11% | -0.17% | 1.94% | 1.46% | 0.25% | 0.08% | -0.17% | 2.02% | -0.40% | 6.80% |
| 2016 | -4.57% | -1.60% | 10.39% | -2.70% | 2.00% | 5.79% | 3.37% | -3.26% | -1.49% | -4.84% | -1.00% | 0.66% | 1.68% |
| 2015 | 5.57% | -2.82% | 1.00% | -4.13% | -0.31% | -4.50% | 4.62% | -5.73% | 1.07% | 4.97% | -0.78% | -7.59% | -9.25% |
| 2014 | 3.02% | 4.64% | 0.36% | 3.16% | 3.59% | 2.17% | 0.17% | 3.23% | -5.13% | 9.17% | 1.63% | 0.76% | 29.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SOAAX is 38, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Spirit of America Real Estate Income & Growth Fund (SOAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Spirit of America Real Estate Income & Growth Fund provided a 9.38% dividend yield over the last twelve months, with an annual payout of $0.85 per share. The fund has been increasing its distributions for 6 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.85 | $0.85 | $0.85 | $0.85 | $0.85 | $0.85 | $0.85 | $0.40 | $0.80 | $0.34 | $0.09 | $0.17 |
Dividend yield | 9.38% | 9.53% | 9.32% | 9.32% | 6.12% | 8.13% | 7.11% | 3.99% | 6.87% | 2.95% | 0.78% | 1.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Spirit of America Real Estate Income & Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.85 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.80 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.34 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2014 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Spirit of America Real Estate Income & Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Spirit of America Real Estate Income & Growth Fund was 79.64%, occurring on Mar 6, 2009. Recovery took 1469 trading sessions.
The current Spirit of America Real Estate Income & Growth Fund drawdown is 14.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -79.64% | Feb 8, 2007 | 521 | Mar 6, 2009 | 1469 | Jan 7, 2015 | 1990 |
| -41.24% | Feb 24, 2020 | 21 | Mar 23, 2020 | 300 | Jun 1, 2021 | 321 |
| -36.03% | Jan 3, 2022 | 458 | Oct 27, 2023 | — | — | — |
| -26.6% | Jan 27, 2015 | 264 | Feb 11, 2016 | 857 | Jul 10, 2019 | 1121 |
| -20.12% | May 13, 1999 | 155 | Dec 15, 1999 | 158 | Aug 1, 2000 | 313 |
Volatility
Volatility Chart
The current Spirit of America Real Estate Income & Growth Fund volatility is 4.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.