SACTX

About SACTX

Spirit of America Income Fund Class C is a mutual fund structured to provide investors with high current income through a diversified portfolio of income-oriented securities. The fund primarily allocates at least 80% of its assets to a mix of taxable municipal bonds, income-producing convertible securities, preferred stocks, high yield U.S. corporate bonds, and collateralized mortgage obligations. This broad investment approach is designed to capture income opportunities across multiple fixed-income sectors, thereby reducing reliance on any single asset category and enhancing diversification. The fund features a below average risk rating relative to its peer group and pays dividends on a monthly basis, offering regular cash flow to shareholders. With an inception date in 2016 and a typical holding count of around 148 positions, Spirit of America Income Fund Class C serves intermediate- to long-term investors seeking steady income from a mix of credit-sensitive and interest-rate-sensitive instruments. Its performance characteristics and investment mandate have positioned it as a notable option among long-term bond funds in the U.S. fixed income landscape.