SOIAX Performance — Spirit of America Real Estate Income and Growth Fund, Institutional Class
Data updated: 2026-08-28
SOIAX returned +16.29% year to date and +16.36% over one year to Jun 2026. Over one year the fund beat its Real Estate category average: $100 grew to $116, against $115 for the category. Volatility over the past 12 months was 14.58% a year. In the 12 months to Jun 2026 the fund lost a net $1.7M, and assets reached $72.39M.
SOIAX Growth of $100
What $100 invested in Spirit of America Real Estate Income and Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Real Estate category average over the same months.
| Period | SOIAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $115 |
| 3 years (Jul 2023 – Jun 2026) | $132 | $132 |
| 5 years (Jul 2021 – Jun 2026) | $119 | $119 |
| Since data start (Apr 2020 – Jun 2026) | $156 | $188 |
SOIAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.29% |
| 1 year | +16.36% |
3- and 5-year figures withheld: disagrees with sibling classes.
SOIAX Annual Returns
Calendar-year total returns of Spirit of America Real Estate Income and Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +16.29% |
| 2025 | −0.78% |
| 2024 | +7.99% |
| 2023 | +9.77% |
| 2022 | −28.26% |
| 2021 | +42.39% |
| 2020 (Apr–Dec) | +11.37% |
SOIAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.0% | +7.7% | −5.6% | +9.4% | −0.7% | +2.3% | — | — | — | — | — | — |
| 2025 | +0.3% | +2.8% | −3.6% | −2.0% | +2.0% | −0.3% | −1.2% | +3.2% | +0.7% | −1.8% | +1.6% | −2.3% |
| 2024 | −4.1% | +2.0% | +1.5% | −6.5% | +3.9% | +3.3% | +5.5% | +6.2% | +2.4% | −2.5% | +4.5% | −7.3% |
| 2023 | +9.8% | −4.6% | −1.6% | +0.5% | −3.8% | +4.2% | +1.6% | −2.7% | −6.6% | −4.6% | +10.1% | +8.9% |
| 2022 | −8.6% | −4.3% | +5.8% | −4.9% | −6.7% | −7.6% | +8.3% | −5.3% | −11.7% | +4.6% | +5.1% | −5.0% |
| 2021 | +0.3% | +0.3% | +3.9% | +7.3% | +0.3% | +4.0% | +5.7% | +3.3% | −5.6% | +8.3% | +0.7% | +8.2% |
| 2020 | — | — | — | 0.0% | 0.0% | +1.1% | +6.5% | −0.7% | −4.2% | −2.0% | +6.4% | +4.2% |
SOIAX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 14.58%
- Best month: +9.41% (Apr 2026)
- Worst month: −5.61% (Mar 2026)
SOIAX Fund Flows
Monthly money in and out of Spirit of America Real Estate Income and Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.7M
- 12-month gross sales (incl. reinvestments): $14.8M
- Sales ÷ redemptions: 0.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $998K | $1.0M | −$9K |
| May 2026 | $795K | $710K | $85K |
| Apr 2026 | $874K | $780K | $94K |
| Mar 2026 | $1.6M | $565K | $1.0M |
| Feb 2026 | $730K | $1.1M | −$352K |
| Jan 2026 | $956K | $1.4M | −$479K |
| Dec 2025 | $2.9M | $1.7M | $1.2M |
| Nov 2025 | $644K | $2.1M | −$1.5M |
| Oct 2025 | $629K | $2.2M | −$1.6M |
| Sep 2025 | $403K | $1.4M | −$1.0M |
| Aug 2025 | $639K | $1.5M | −$880K |
| Jul 2025 | $3.7M | $2.0M | $1.7M |
SOIAX Assets Under Management
Net assets of Spirit of America Real Estate Income and Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $72.39M |
| 2026-03-31 | $68.24M |
| 2025-12-31 | $65.09M |
| 2025-09-30 | $72.20M |
| 2025-06-30 | $70.48M |
| 2025-03-31 | $72.66M |
| 2024-12-31 | $72.62M |
| 2024-09-30 | $78.11M |
| 2024-06-30 | $66.82M |
| 2024-03-31 | $72.64M |
| 2023-12-31 | $76.64M |
| 2023-09-30 | $72.30M |
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.