SOAEX: Spirit of America Energy A

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SOAEX Spirit of America Energy A


Profile

SOAEX - Profile

Vitals

  • YTD Return 53.9%
  • 3 Yr Annualized Return -2.1%
  • 5 Yr Annualized Return -9.6%
  • Net Assets $180 M
  • Holdings in Top 10 55.2%

52 WEEK LOW AND HIGH

$12.53
$2.91
$15.98

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.43%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500
  • IRA $500

Fund Classification

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

Distributions

  • YTD Total Return 53.9%
  • 3 Yr Annualized Total Return -2.1%
  • 5 Yr Annualized Total Return -9.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Spirit of America Energy Fund
  • Fund Family Name
    Spirit of America
  • Inception Date
    Jul 10, 2014
  • Shares Outstanding
    N/A
  • Share Class
    A
  • 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

SOAEX - Performance

Return Ranking - Trailing

Period SOAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 53.9% -86.4% 100.6% 3.72%
1 Yr 41.4% -88.5% 92.8% 4.46%
3 Yr -2.1%* -56.0% 35.6% 51.21%
5 Yr -9.6%* -44.8% 31.0% 70.25%
10 Yr N/A* -12.6% 34.8% N/A

* Annualized

Return Ranking - Calendar

Period SOAEX Return Category Return Low Category Return High Rank in Category (%)
2019 -7.6% -24.2% 71.9% 93.77%
2018 -29.9% -35.0% 12.7% 96.77%
2017 -18.3% -25.3% 59.5% 94.92%
2016 1.0% -15.5% 42.5% 89.01%
2015 -38.8% -65.1% 11.8% 86.67%

Total Return Ranking - Trailing

Period SOAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 53.9% -86.4% 100.6% 3.72%
1 Yr 41.4% -88.5% 92.8% 4.46%
3 Yr -2.1%* -56.0% 41.0% 57.00%
5 Yr -9.6%* -44.8% 34.1% 74.05%
10 Yr N/A* -6.3% 36.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SOAEX Return Category Return Low Category Return High Rank in Category (%)
2019 -7.6% -22.9% 71.9% 93.77%
2018 -29.9% -31.5% 12.7% 98.62%
2017 -18.3% -25.3% 68.6% 96.95%
2016 1.0% -15.5% 42.5% 90.11%
2015 -38.8% -65.1% 11.8% 89.33%

NAV & Total Return History


Holdings

SOAEX - Holdings

Concentration Analysis

SOAEX Category Low Category High SOAEX % Rank
Net Assets 180 M 105 K 8.41 B 35.66%
Number of Holdings 47 5 1562 41.18%
Net Assets in Top 10 101 M -225 M 2.73 B 33.09%
Weighting of Top 10 55.20% 16.4% 238.7% 51.57%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SOAEX % Rank
Stocks
99.60% 80.60% 325.56% 23.90%
Cash
0.40% -225.56% 20.91% 69.85%
Preferred Stocks
0.00% -0.29% 7.00% 21.32%
Other
0.00% -52.75% 85.39% 25.00%
Convertible Bonds
0.00% 0.00% 4.97% 18.75%
Bonds
0.00% -43.96% 56.94% 23.53%

Stock Sector Breakdown

Weighting Return Low Return High SOAEX % Rank
Energy
91.70% 0.00% 100.00% 29.03%
Utilities
8.21% 0.00% 48.22% 5.24%
Real Estate
0.05% 0.00% 97.46% 58.87%
Technology
0.04% 0.00% 53.21% 64.92%
Industrials
0.00% 0.00% 46.89% 76.21%
Healthcare
0.00% 0.00% 98.52% 71.37%
Financial Services
0.00% 0.00% 46.18% 71.37%
Communication Services
0.00% 0.00% 24.63% 69.35%
Consumer Defense
0.00% 0.00% 23.50% 68.15%
Consumer Cyclical
0.00% 0.00% 36.79% 69.76%
Basic Materials
0.00% 0.00% 16.01% 77.02%

Stock Geographic Breakdown

Weighting Return Low Return High SOAEX % Rank
US
91.74% 80.06% 325.56% 62.50%
Non US
7.86% -5.02% 39.88% 19.49%

Expenses

SOAEX - Expenses

Operational Fees

SOAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.43% 0.37% 37.17% 72.28%
Management Fee 0.95% 0.00% 2.64% 41.18%
12b-1 Fee 0.25% 0.00% 1.00% 25.64%
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

SOAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.75% 5.75% 3.57%
Deferred Load N/A 1.00% 5.00% 6.90%

Trading Fees

SOAEX 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.

SOAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 5191.00% 23.48%

Distributions

SOAEX - Distributions

Dividend Yield Analysis

SOAEX Category Low Category High SOAEX % Rank
Dividend Yield 0.00% 0.00% 23.10% 22.79%

Dividend Distribution Analysis

SOAEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

SOAEX Category Low Category High SOAEX % Rank
Net Income Ratio 0.77% -3.05% 6.50% 37.92%

Capital Gain Distribution Analysis

SOAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SOAEX - Fund Manager Analysis

Managers

Douglas Revello


Start Date

Tenure

Tenure Rank

Jan 16, 2020

0.45

0.5%

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
0.16 33.36 5.83 10.26