SACOX Performance — Spirit of America Income and Opportunity Fund, Class C
Data updated: 2023-03-15
SACOX returned −31.54% over one year to Dec 2022. The annualised 3-year return is −8.61%. The fund trailed its International Real Estate category average: $100 invested three years ago grew to $76, against $92 for the category, and to $68 over one year, against $75. Volatility over the past three years was 12.18% a year. In the 12 months to Dec 2022 the fund lost a net $3.2M, and assets reached $18.70M.
SACOX Growth of $100
What $100 invested in Spirit of America Income and Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Real Estate category average over the same months.
| Period | SACOX | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $68 | $75 |
| 3 years (Jan 2020 – Dec 2022) | $76 | $92 |
| Since data start (Jul 2019 – Dec 2022) | $76 | $98 |
SACOX Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −31.54% |
| 3 years (annualised) | −8.61% |
SACOX Annual Returns
Calendar-year total returns of Spirit of America Income and Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | −31.54% |
| 2021 | +1.67% |
| 2020 | +9.67% |
| 2019 (Jul–Dec) | −0.04% |
SACOX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −5.0% | −3.5% | −0.9% | −10.0% | −1.1% | −6.5% | +5.0% | −5.3% | −8.7% | +0.1% | +4.9% | −5.1% |
| 2021 | −1.2% | −0.3% | −0.5% | +2.7% | −0.1% | +1.8% | +0.3% | +1.0% | −3.9% | +2.9% | +0.5% | −1.2% |
| 2020 | 0.0% | 0.0% | −0.1% | +4.0% | +1.9% | +0.9% | +2.3% | +1.3% | −2.0% | −2.6% | +3.8% | +0.2% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SACOX Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 12.18%
- 3-year Sharpe ratio: -1.08 (vs 4.5% risk-free rate)
- Best month: +5.01% (Jul 2022)
- Worst month: −10.02% (Apr 2022)
SACOX Fund Flows
Monthly money in and out of Spirit of America Income and Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.2M
- 12-month gross sales (incl. reinvestments): $3.0M
- Sales ÷ redemptions: 0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $487K | $600K | −$113K |
| Nov 2022 | $153K | $291K | −$138K |
| Oct 2022 | $42K | $391K | −$348K |
| Sep 2022 | $159K | $395K | −$235K |
| Aug 2022 | $107K | $497K | −$390K |
| Jul 2022 | $579K | $521K | $58K |
| Jun 2022 | $15K | $358K | −$343K |
| May 2022 | $66K | $527K | −$461K |
| Apr 2022 | $145K | $543K | −$398K |
| Mar 2022 | $470K | $657K | −$187K |
| Feb 2022 | $253K | $1.0M | −$752K |
| Jan 2022 | $523K | $398K | $124K |
SACOX Assets Under Management
Net assets of Spirit of America Income and Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-31 | $18.70M |
| 2022-09-30 | $19.43M |
| 2022-06-30 | $21.29M |
| 2022-03-31 | $26.98M |
| 2021-12-31 | $29.63M |
| 2021-09-30 | $27.95M |
| 2021-06-30 | $26.82M |
| 2021-03-31 | $24.87M |
| 2020-12-31 | $25.17M |
| 2020-09-30 | $24.90M |
| 2020-06-30 | $22.89M |
| 2020-03-31 | $20.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.