Spirit of America Income A
477 Jericho Turnpike Syosset NY 11791
Map
Phone: 800-452-4892
| Category: | High Yield Bond | | Fund Family: | Spirit of America | | Net Assets: | 33.57M | | Year-to-Date Return: | N/A | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 01-Jan-09 |
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William Mason
Lead Manager since
07-Jan-09 | | | William Mason - Principal. Mason currently serves as a member of the Board of Directors at David Lerner Associates, Inc. He is also a member of the Municipal Bond Club of New York. He started working at David Lerner Associates, Inc. in 1988. His career began in back office operations in 1980 at Merrill Lynch where he stayed until 1983. He then moved to Morgan Stanley where he was Manager of Trading Operations from 1983 until 1985 when he became an Institutional Trader. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $500 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high current income. The fund invests at least 80% of assets in a diversified portfolio of high yield U.S. corporate bonds (frequently called ?junk? bonds), taxable municipal bonds, income producing convertible securities, and preferred stocks. It may also invest in higher rated (above BB) bonds and private placements. The fund may invest in other securities, including futures, options and swaps. |
| Last Dividend
(15-Oct-09):
| 0.07 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 90.12% |
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| Expense | SOAIX | Category
Avg | | Total Expense Ratio: | 0.50%
| 1.20% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.75%
| 4.47% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ 828 | $637 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $994 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,006 |
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0.34% Nasdaq 
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