Spirit Of is trading at 35.49 as of the 29th of November 2024; that is 0.53% down since the beginning of the trading day. The fund's open price was 35.68. Spirit Of has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Spirit Of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
The funds advisor focuses on the large cap value segment of the U.S. equity market. It invests at least 80 percent of its total assets in large cap equity securities of companies in the value segment of the market. The advisor considers a company to be a large cap company if it has a market capitalization of 5 billion or greater at the time of purchase. More on Spirit Of America
Spirit Of America [SOAVX] is traded in USA and was established 29th of November 2024. Spirit Of is listed under Spirit of America category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Spirit of America family. This fund at this time has accumulated 104.74 M in assets with no minimum investment requirementsSpirit Of America is currently producing year-to-date (YTD) return of 37.66% with the current yeild of 0.04%, while the total return for the last 3 years was 12.99%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Spirit Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Spirit Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Spirit Of America Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Spirit Mutual Fund
Spirit Of financial ratios help investors to determine whether Spirit Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spirit with respect to the benefits of owning Spirit Of security.