SOAIX Spirit of America Income A Forecast, Technical & Fundamental Analysis

The investment seeks to provide high current income. The fund invests at least 80% of its assets in a portfolio of taxable municipal bonds, income producing convertible securities, preferred stocks, high yield U.S. corporate bonds, and CMOs. It may also invest in U.S. government agency securities issued or guaranteed by U.S. government-sponsored enterprises and federal agencies, including securities issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association. The fund may also invest in MLPs, equity securities of dividend paying companies and private placements.

The average weekly volume growth across all stocks in the Spirit of America Income A MF was -6%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was -34%