SAIEX: Spirit of America Energy Institutional

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SAIEX Spirit of America Energy Institutional


Profile

SAIEX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $194 M
  • Holdings in Top 10 55.1%

52 WEEK LOW AND HIGH

$12.23
$12.17
$15.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Energy Limited Partnership

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Spirit of America Energy Fund
  • Fund Family Name
    Spirit of America
  • Inception Date
    May 01, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Revello

Fund Description

The fund seeks to achieve its investment objective by investing at least 80% of its net assets plus any borrowings in a combination of securities and other assets of energy and energy related companies. It seeks to achieve its investment objective through diversified exposure to U.S. and non-U.S. securities of energy companies and energy related companies which are companies that are principally engaged in activities in the energy industry.


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Categories

Performance

SAIEX - Performance

Return Ranking - Trailing

Period SAIEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -86.4% 95.3% N/A
1 Yr N/A -89.4% 62.7% N/A
3 Yr N/A* -56.0% 34.4% N/A
5 Yr N/A* -46.0% 29.3% N/A
10 Yr N/A* -18.4% 35.6% N/A

* Annualized

Return Ranking - Calendar

Period SAIEX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -24.2% 71.9% N/A
2018 N/A -35.0% 12.7% N/A
2017 N/A -25.3% 59.5% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period SAIEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -86.4% 95.3% N/A
1 Yr N/A -89.4% 62.7% N/A
3 Yr N/A* -56.0% 39.8% N/A
5 Yr N/A* -46.0% 32.4% N/A
10 Yr N/A* -18.4% 37.4% N/A

* Annualized

Total Return Ranking - Calendar

Period SAIEX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -22.9% 71.9% N/A
2018 N/A -31.5% 12.7% N/A
2017 N/A -25.3% 68.6% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

SAIEX - Holdings

Concentration Analysis

SAIEX Category Low Category High SAIEX % Rank
Net Assets 194 M 105 K 7.83 B 31.38%
Number of Holdings 45 3 1562 44.83%
Net Assets in Top 10 102 M -225 M 2.25 B 33.79%
Weighting of Top 10 55.08% 16.4% 238.7% 51.48%

Top 10 Holdings

  1. Kinder Morgan Inc Class P 7.03%
  2. Phillips 66 Partners LP 6.89%
  3. MPLX LP Partnership Units 6.43%
  4. Enterprise Products Partners LP 5.73%
  5. Magellan Midstream Partners LP 5.45%
  6. Enbridge Inc 5.44%
  7. Williams Companies Inc 4.96%
  8. Energy Transfer LP 4.91%
  9. Cheniere Energy Partners LP 4.28%
  10. Shell Midstream Partners LP 3.97%

Asset Allocation

Weighting Return Low Return High SAIEX % Rank
Stocks
95.17% 81.37% 325.56% 65.86%
Cash
4.83% -225.56% 20.91% 21.38%
Preferred Stocks
0.00% -0.29% 7.00% 21.72%
Other
0.00% -52.75% 181.94% 26.21%
Convertible Bonds
0.00% 0.00% 15.23% 17.59%
Bonds
0.00% -112.62% 56.94% 25.86%

Stock Sector Breakdown

Weighting Return Low Return High SAIEX % Rank
Energy
93.35% 0.00% 100.00% 21.80%
Utilities
6.56% 0.00% 40.99% 11.28%
Real Estate
0.05% 0.00% 97.46% 62.78%
Technology
0.03% 0.00% 52.54% 68.80%
Industrials
0.00% 0.00% 46.89% 75.94%
Healthcare
0.00% 0.00% 98.52% 70.30%
Financial Services
0.00% 0.00% 46.18% 70.30%
Communication Services
0.00% 0.00% 25.01% 69.17%
Consumer Defense
0.00% 0.00% 23.50% 65.79%
Consumer Cyclical
0.00% 0.00% 32.95% 68.80%
Basic Materials
0.00% 0.00% 15.24% 77.07%

Stock Geographic Breakdown

Weighting Return Low Return High SAIEX % Rank
US
88.58% 80.06% 325.56% 67.24%
Non US
6.59% -36.45% 39.88% 26.55%

Expenses

SAIEX - Expenses

Operational Fees

SAIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.37% 37.17% N/A
Management Fee 0.95% 0.00% 2.64% 45.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

SAIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SAIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 5191.00% 23.75%

Distributions

SAIEX - Distributions

Dividend Yield Analysis

SAIEX Category Low Category High SAIEX % Rank
Dividend Yield 2.09% 0.00% 23.21% 4.14%

Dividend Distribution Analysis

SAIEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

SAIEX Category Low Category High SAIEX % Rank
Net Income Ratio N/A -3.05% 8.14% N/A

Capital Gain Distribution Analysis

SAIEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

Fund Manager Analysis

SAIEX - Fund Manager Analysis

Managers

Douglas Revello


Start Date

Tenure

Tenure Rank

Jan 16, 2020

0.37

0.4%

Douglas Revello serves as the Portfolio Manager. Mr. Revello became the Co-Portfolio Manager in November 18, 2015 and transitioned to Portfolio Manager on July 1, 2016. Mr. Revello has been associated with Spirit of America Management Corp. since May 18, 2009 as the Co-Portfolio Manager through November 17, 2015, and was designated Portfolio Manager on November 18, 2015. Mr. Revello started working at DLA in 1988 as an assistant municipal bond trader and was soon promoted to municipal bond underwriter. As municipal bond underwriter, he led DLA to obtain syndicate membership and manager status for numerous municipal issuers by successfully spearheading the development of DLA’s Syndicate Department and increasing DLA’s municipal underwriting presence. His responsibilities also include institutional and dealer sales. In 2007, Mr. Revello was promoted to Senior Vice President at DLA. He received a Master of Business Administration from Dowling College. Previous employments include J.P. Morgan and Drexel, Burnham & Lambert. Mr. Revello holds a General Securities Representative (Series 7) license, and Uniform Securities Agent State Law Examination (Series 63) license.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 24.77 5.85 10.18