0001752724-24-048917.txt : 20240229
0001752724-24-048917.hdr.sgml : 20240229
20240229132135
ACCESSION NUMBER: 0001752724-24-048917
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240229
DATE AS OF CHANGE: 20240229
PERIOD START: 20231231
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPIRIT OF AMERICA INVESTMENT FUND INC
CENTRAL INDEX KEY: 0001039667
ORGANIZATION NAME:
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08231
FILM NUMBER: 24701889
BUSINESS ADDRESS:
STREET 1: 477 JERICHO TURNPIKE
CITY: SYOSSET
STATE: NY
ZIP: 11791
BUSINESS PHONE: 5163905555
MAIL ADDRESS:
STREET 1: 477 JERICHO TURNPIKE
CITY: SYOSSET
STATE: NY
ZIP: 11791
0001039667
S000024753
Spirit of America Income Fund
C000073513
Class A
SOAIX
C000167229
Class C
SACTX
C000219380
Institutional Shares
SOITX
NPORT-P
1
primary_doc.xml
NPORT-P
false
0001039667
XXXXXXXX
S000024753
C000219380
C000073513
C000167229
Spirit of America Investment Fund, Inc.
811-08231
0001039667
549300PJ84G8FJU36634
477 Jericho Turnpike
Syosset
11791
516-390-5555
SPIRIT OF AMERICA INCOME FUND
S000024753
549300C7KFCEM3QBIB19
2023-12-31
2023-12-31
N
72841527.92
1001609.82
71839918.10
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
2695.31
CAD
USD
N
METROPOLITAN TRANSN AUTH N Y
5493000TKYODLXADQD60
Metropolitan Transportation Authority
59259YBF5
200000.00000000
PA
USD
205660.54000000
0.286276133714
Long
DBT
MUN
US
N
2
2039-11-15
Fixed
5.87100000
N
N
N
N
N
N
CWMBS Inc
549300430UQIJMFG3R47
CHL Mortgage Pass-Through Trust
126694CK2
17113.79000000
PA
USD
9928.43000000
0.013820213416
Long
ABS-O
CORP
US
N
2
2035-10-25
Fixed
5.50000000
N
N
N
N
N
N
NEBRASKA PUB PWR DIST
5493001J0BLQRMOJKP23
Nebraska Public Power District
63968AQQ1
200000.00000000
PA
USD
204293.26000000
0.284372902145
Long
DBT
MUN
US
N
2
2030-01-01
Fixed
5.32300000
N
N
N
N
N
N
WaFd Inc
N/A
Washington Federal, Inc., Series A, 4.875%
938824307
10000.00000000
NS
USD
150700.00000000
0.209771954069
Long
EP
CORP
US
N
1
N
N
N
METROPOLITAN TRANSN AUTH N Y
5493000TKYODLXADQD60
Metropolitan Transportation Authority
59259YDB2
145000.00000000
PA
USD
153626.56000000
0.213845678089
Long
DBT
MUN
US
N
2
2030-11-15
Fixed
6.58700000
N
N
N
N
N
N
Prudential Financial, Inc.
5PRBRS5FEH7NREC8OR45
Prudential Financial, Inc., 5.95%
744320870
10000.00000000
NS
USD
254200.00000000
0.353842274216
Long
EP
CORP
US
N
1
N
N
N
Huntington Bancshares Incorporated
549300XTVCVV9I7B5T19
Huntington Bancshares, Inc., Series H, 4.50%
446150823
10000.00000000
NS
USD
176400.00000000
0.245545936946
Long
EP
CORP
US
N
1
N
N
N
Southern Co.
549300FC3G3YU2FBZD92
The Southern Co., 4.95%
842587800
21000.00000000
NS
USD
472080.00000000
0.657127697922
Long
EP
CORP
US
N
1
N
N
N
TRIBOROUGH BRDG & TUNL AUTH N Y
54930020ZN4LQF7K3456
Triborough Bridge & Tunnel Authority
89602NVM3
150000.00000000
PA
USD
156961.22000000
0.218487470686
Long
DBT
MUN
US
N
2
2040-11-15
Fixed
5.55000000
N
N
N
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank of America Corp., Series HH, 5.875%
060505195
8000.00000000
NS
USD
197840.00000000
0.275390068965
Long
EP
CORP
US
N
1
N
N
N
WASHOE CNTY NEV
N/A
County of Washoe, NV
940839BM4
690000.00000000
PA
USD
858434.45000000
1.194926821610
Long
DBT
MUN
US
N
2
2040-02-01
Fixed
7.96900000
N
N
N
N
N
N
DOUGLAS CNTY WASH PUB UTIL DIST NO 1
N/A
Douglas County Public Utility District No. 1
259561PH5
224099.52000000
PA
USD
231153.52000000
0.321761948111
Long
DBT
MUN
US
N
2
2030-09-01
Fixed
5.34500000
N
N
N
N
N
N
MICHIGAN FIN AUTH
54930022O46HOX5J1D14
Michigan Finance Authority
59447PDQ1
500000.00000000
PA
USD
500544.50000000
0.696749819930
Long
DBT
MUN
US
N
2
2025-11-01
Fixed
6.37500000
N
N
N
N
N
N
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
N/A
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
41068X100
8000.00000000
NS
USD
220640.00000000
0.307127298910
Long
EC
CORP
US
N
1
N
N
N
MISSISSIPPI DEV BK
549300122LOI8CB50V38
Mississippi Development Bank
60534RMF3
650000.00000000
PA
USD
712873.92000000
0.992308926365
Long
DBT
MUN
US
N
2
2035-01-01
Fixed
6.58900000
N
N
N
N
N
N
W.R. Berkley Corporation
SQOAGCLKBDWNVYV1OV80
WR Berkley Corp., 5.1%
084423805
20000.00000000
NS
USD
470800.00000000
0.655345958697
Long
EP
CORP
US
N
1
N
N
N
Simon Property Group Inc
529900GQL5X8H7AO3T64
Simon Property Group, Inc.
828806109
4000.00000000
NS
USD
570560.00000000
0.794210259546
Long
EC
CORP
US
N
1
N
N
N
MetLife Inc.
C4BXATY60WC6XEOZDX54
MetLife, Inc., Series F, 4.75%
59156R850
15000.00000000
NS
USD
306000.00000000
0.425947033478
Long
EP
CORP
US
N
1
N
N
N
WASHOE CNTY NEV
N/A
County of Washoe, NV
940839BL6
250000.00000000
PA
USD
328760.03000000
0.457628625832
Long
DBT
MUN
US
N
2
2040-02-01
Fixed
7.87500000
N
N
N
N
N
N
Constellation Energy Generation LLC
S2PEWKCZFFECR4533P43
Constellation Energy LLC
30161MAM5
400000.00000000
PA
USD
360305.08000000
0.501538823441
Long
DBT
CORP
US
Y
2
2042-06-15
Fixed
5.60000000
N
N
N
N
N
N
ONSTED CMNTY SCHOOLS MI
N/A
Onsted Community Schools
682871CZ9
150000.00000000
PA
USD
151086.83000000
0.210310415150
Long
DBT
MUN
US
N
2
2027-05-01
Fixed
5.90000000
N
N
N
N
N
N
Brookfield Property Partners LP
5493004J5Z0TZW83NU62
Brookfield Property Partners LP, Series A, 5.75%
G16249164
7500.00000000
NS
USD
86175.00000000
0.119954201339
Long
EP
CORP
BM
N
1
N
N
N
TALLAHASSEE FLA
549300MPY4HDPK8B1G15
City of Tallahassee, FL, Utility System Revenue
874461GK6
300000.00000000
PA
USD
304111.86000000
0.423318773243
Long
DBT
MUN
US
N
2
2040-10-01
Fixed
5.21800000
N
N
N
N
N
N
Chevron Corp.
N/A
Chevron Corp.
166764100
4500.00000000
NS
USD
671220.00000000
0.934327345787
Long
EC
CORP
US
N
1
N
N
N
Capital One Financial Corp.
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp, Series J, 4.80%
14040H782
10000.00000000
NS
USD
176400.00000000
0.245545936946
Long
EP
CORP
US
N
1
N
N
N
Brookfield Infrastructure Partners LP
549300WEH5R2OODI7Y90
Brookfield Infrastructure Partners LP, Series 14, 5.00%
G16252275
10000.00000000
NS
USD
159100.00000000
0.221464617733
Long
EP
CORP
US
N
1
N
N
N
EAST BATON ROUGE LA SEW COMMN
5493006BC84VNIRSCG97
East Baton Rouge Sewerage Commission
270618GX3
100000.00000000
PA
USD
74614.71000000
0.103862465288
Long
DBT
MUN
US
N
2
2039-02-01
Fixed
2.43700000
N
N
N
N
N
N
Affiliated Managers Group, Inc.
2JE75BUE3T1BLCYYGK54
Affiliated Managers Group, Inc., 4.2%
008252835
15000.00000000
NS
USD
249600.00000000
0.347439148876
Long
EP
CORP
US
N
1
N
N
N
American Financial Group, Inc.
549300AFOM7IVKIU1G39
American Financial Group, Inc., 5.125%
025932880
15000.00000000
NS
USD
333150.00000000
0.463739392820
Long
EP
CORP
US
N
1
N
N
N
METROPOLITAN TRANSN AUTH N Y
5493000TKYODLXADQD60
Metropolitan Transportation Authority
59259NZM8
125000.00000000
PA
USD
133145.39000000
0.185336221868
Long
DBT
MUN
US
N
2
2030-11-15
Fixed
5.98900000
N
N
N
N
N
N
Federal Realty Investment Trust
549300FHEI1SLVZ0RB48
Federal Realty Investment Trust Series C, 5.00%
313745200
7500.00000000
NS
USD
171075.00000000
0.238133623373
Long
EP
CORP
US
N
1
N
N
N
METROPOLITAN TRANSN AUTH N Y
5493000TKYODLXADQD60
Metropolitan Transportation Authority
59259YDK2
85000.00000000
PA
USD
86789.04000000
0.120808935053
Long
DBT
MUN
US
N
2
2026-11-15
Fixed
6.20000000
N
N
N
N
N
N
ANDERSON IND SCH BLDG CORP
N/A
Anderson School Building Corp.
033896KR1
1000000.00000000
PA
USD
961136.70000000
1.337886686705
Long
DBT
MUN
US
N
2
2028-07-05
Fixed
3.75000000
N
N
N
N
N
N
CONNECTICUT ST
5493007GRO6CU0IKP741
State of Connecticut
20772GF45
280000.00000000
PA
USD
299237.82000000
0.416534188671
Long
DBT
MUN
US
N
2
2032-03-15
Fixed
5.85000000
N
N
N
N
N
N
VIRGIN ISLANDS WTR & PWR AUTH
54930088RFCEK01GM855
Virgin Islands Water & Power Authority - Electric System
927688FZ9
1000000.00000000
PA
USD
1151331.80000000
1.602635178950
Long
DBT
MUN
US
N
2
2035-07-01
Fixed
6.85000000
N
N
N
N
N
N
SAN FRANCISCO CALIF CITY & CNTY
N/A
City & County of San Francisco, CA
797646NH5
450000.00000000
PA
USD
494854.52000000
0.688829460121
Long
DBT
MUN
US
N
2
2030-06-15
Fixed
6.26000000
N
N
N
N
N
N
PERALTA CALIF CMNTY COLLEGE DIST
N/A
Peralta Community College District
713575TE8
500000.00000000
PA
USD
510301.15000000
0.710330918375
Long
DBT
MUN
US
N
2
2025-08-01
Fixed
6.90900000
N
N
N
N
N
N
Brighthouse Financial Inc.
5493003T8SZSHOGGAW52
Brighthouse Financial, Inc.
10922N707
20000.00000000
NS
USD
368600.00000000
0.513085217450
Long
EP
CORP
US
N
1
N
N
N
Goldman Sachs Group, Inc.
784F5XWPLTWKTBV3E584
Goldman Sachs Group, Inc./The
38141GFD1
850000.00000000
PA
USD
938745.58000000
1.306718611083
Long
DBT
CORP
US
N
2
2037-10-01
Fixed
6.75000000
N
N
N
N
N
N
Public Storage
N/A
Public Storage, Series M, 4.125%
74460W537
3889.00000000
NS
USD
72646.52000000
0.101122776753
Long
EP
CORP
US
N
1
N
N
N
NEW YORK N Y
549300ABYZD2SFD5JB29
City of New York, NY
64966HYK0
145000.00000000
PA
USD
149686.52000000
0.208361206358
Long
DBT
MUN
US
N
2
2027-03-01
Fixed
5.69800000
N
N
N
N
N
N
The Bank of New York Mellon Corporation
WFLLPEPC7FZXENRZV188
Bank of New York Mellon Corp./The
064058AF7
500000.00000000
PA
USD
477026.60000000
0.664013284836
Long
DBT
CORP
US
N
2
N/A
Fixed
4.62500000
N
N
N
N
N
N
CABARRUS CNTY N C
549300HVGPJDNBDPZV71
County of Cabarrus, NC
126775TK1
235000.00000000
PA
USD
235696.68000000
0.328085953093
Long
DBT
MUN
US
N
2
2026-04-01
Fixed
5.50000000
N
N
N
N
N
N
KANSAS CITY MO SPL OBLIG
549300EGAE3I3XU7XE19
City of Kansas City, MO
485106CN6
2235000.00000000
PA
USD
2641347.81000000
3.676713281219
Long
DBT
MUN
US
N
2
2040-04-01
Fixed
7.83000000
N
N
N
N
N
N
Enbridge Inc.
98TPTUM4IVMFCZBCUR27
Enbridge, Inc.
29250N105
20000.00000000
NS
USD
720400.00000000
1.002785107573
Long
EC
CORP
CA
N
1
N
N
N
UNIVERSITY MASS BLDG AUTH
6ILE2573NPR1XO2TR556
University of Massachusetts Building Authority
914440KK7
15000.00000000
PA
USD
15016.21000000
0.020902320599
Long
DBT
MUN
US
N
2
2039-05-01
Fixed
6.57300000
N
N
N
N
N
N
READING PA
N/A
City of Reading, PA
755553XS8
500000.00000000
PA
USD
500651.55000000
0.696898831793
Long
DBT
MUN
US
N
2
2033-11-01
Fixed
5.30000000
N
N
N
N
N
N
Pitney Bowes Inc.
549300N2O26NW4ST6W55
Pitney Bowes, Inc., 6.70%
724479506
5700.00000000
NS
USD
95190.00000000
0.132502935022
Long
EP
CORP
US
N
1
N
N
N
Entergy Texas Inc
LWXX58X12AJXISQ28573
Entergy Texas, Inc.
29365TAD6
100000.00000000
PA
USD
94025.16000000
0.130881496648
Long
DBT
CORP
US
N
2
2045-06-01
Fixed
5.15000000
N
N
N
N
N
N
UNIVERSITY CALIF
RRR42I7GG51DB5HDQR14
University of California
91412GXY6
250000.00000000
PA
USD
228429.78000000
0.317970546238
Long
DBT
MUN
US
N
2
2045-05-15
Fixed
4.13100000
N
N
N
N
N
N
Blackstone Mortgage Trust, Inc
549300OLDJ20R2Y2UW20
Blackstone Mortgage Trust, Inc.
09257W100
11565.00000000
NS
USD
245987.55000000
0.342410677107
Long
EC
CORP
US
N
1
N
N
N
Public Storage
N/A
Public Storage
74460W511
20000.00000000
NS
USD
341400.00000000
0.475223258919
Long
EP
CORP
US
N
1
N
N
N
MIDLAND CNTY TEX HOSP DIST
N/A
Midland County Hospital District
597502BK8
260000.00000000
PA
USD
289092.47000000
0.402412026135
Long
DBT
MUN
US
N
2
2039-05-15
Fixed
6.44000000
N
N
N
N
N
N
Athene Holding Ltd
549300H316CT32FQXI76
Athene Holding Ltd.
04686J309
10000.00000000
NS
USD
242200.00000000
0.337138468981
Long
EP
CORP
US
N
1
N
N
N
UNIVERSITY CALIF
RRR42I7GG51DB5HDQR14
University of California
91412GEA9
260000.00000000
PA
USD
273891.57000000
0.381252620052
Long
DBT
MUN
US
N
2
2050-05-15
Fixed
6.29600000
N
N
N
N
N
N
Wells Fargo & Co.
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co., Series Z, 4.75%
94988U151
20000.00000000
NS
USD
398600.00000000
0.554844730537
Long
EP
CORP
US
N
1
N
N
N
SEATTLE WASH
N/A
City of Seattle, WA, Municipal Light & Power Revenue
812643DB7
250000.00000000
PA
USD
262200.23000000
0.364978464528
Long
DBT
MUN
US
N
2
2040-02-01
Fixed
5.57000000
N
N
N
N
N
N
Kinder Morgan, Inc.
549300WR7IX8XE0TBO16
Kinder Morgan, Inc.
49456B101
40000.00000000
NS
USD
705600.00000000
0.982183747784
Long
EC
CORP
US
N
1
N
N
N
Athene Holding Ltd
549300H316CT32FQXI76
Athene Holding Ltd., Series D, 4.875%
04686J408
20000.00000000
NS
USD
356000.00000000
0.495546221954
Long
EP
CORP
BM
N
1
N
N
N
GLENWOOD ILL
N/A
Village of Glenwood, IL
379213ET4
1130000.00000000
PA
USD
1204817.07000000
1.677085806699
Long
DBT
MUN
US
N
2
2028-12-01
Fixed
7.03000000
N
N
N
N
N
N
PHILADELPHIA PA MUN AUTH
N/A
Philadelphia Municipal Authority
717904JP2
500000.00000000
PA
USD
494717.55000000
0.688638800104
Long
DBT
MUN
US
N
2
2028-03-15
Fixed
5.08700000
N
N
N
N
N
N
CINCINNATI OHIO CITY SCH DIST
N/A
Cincinnati City School District
172253EL6
200000.00000000
PA
USD
190106.56000000
0.264625246002
Long
DBT
MUN
US
N
2
2032-12-15
Fixed
4.00000000
N
N
N
N
N
N
PECO Energy Capital Trust IV
N/A
PECO Energy Capital Trust IV
69335GAA3
1000000.00000000
PA
USD
951752.97000000
1.324824686847
Long
DBT
CORP
US
N
2
2033-06-15
Fixed
5.75000000
N
N
N
N
N
N
MIAMI-DADE CNTY FLA
549300QG0NBD9HULR263
County of Miami-Dade, FL
59333NSW4
1000000.00000000
PA
USD
1200407.40000000
1.670947617630
Long
DBT
MUN
US
N
2
2040-04-01
Fixed
7.50000000
N
N
N
N
N
N
MASSACHUSETTS ST HEALTH & EDL FACS AUTH
549300UZSVMFXJK08K70
Massachusetts Health & Educational Facilities Authority
57586ETQ4
250000.00000000
PA
USD
274951.48000000
0.382727997569
Long
DBT
MUN
US
N
2
2035-10-01
Fixed
6.43200000
N
N
N
N
N
N
Verizon Communications Inc.
2S72QS2UO2OESLG6Y829
Verizon Communications, Inc.
92343V104
7500.00000000
NS
USD
282750.00000000
0.393583410836
Long
EC
CORP
US
N
1
N
N
N
CNO Financial Group, Inc.
11XPYHB76MPM4Y4P2897
CNO Financial Group, Inc., 5.125%
12621E301
2000.00000000
NS
USD
34840.00000000
0.048496714530
Long
EP
CORP
US
N
1
N
N
N
State Street Corporation
549300ZFEEJ2IP5VME73
State Street Corp., Series G, 5.35%
857477855
1000.00000000
NS
USD
23710.00000000
0.033003935175
Long
EP
CORP
US
N
1
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank Of America Corp., Series LL, 5.00%
06055H202
20000.00000000
NS
USD
430600.00000000
0.599388211162
Long
EP
CORP
US
N
1
N
N
N
LONG IS PWR AUTH N Y
1R46U5SYJ63KQXF39168
Long Island Power Authority
542690W99
195000.00000000
PA
USD
213077.55000000
0.296600491252
Long
DBT
MUN
US
N
2
2041-05-01
Fixed
5.85000000
N
N
N
N
N
N
COBB-MARIETTA GA COLISEUM & EXHIBIT HALL AUTH
N/A
Cobb Marietta Georgia Coliseum
190760HT8
100000.00000000
PA
USD
92356.43000000
0.128558651572
Long
DBT
MUN
US
N
2
2047-01-01
Fixed
4.50000000
N
N
N
N
N
N
NEW JERSEY ST EDL FACS AUTH
549300UTOO4X537XXG70
New Jersey Educational Facilities Authority
646065G97
500000.00000000
PA
USD
419393.75000000
0.583789293044
Long
DBT
MUN
US
N
2
2040-07-01
Fixed
6.19000000
N
N
N
N
N
N
MIAMI-DADE CNTY FLA
549300QG0NBD9HULR263
County of Miami-Dade, FL
59333HCC8
250000.00000000
PA
USD
279894.00000000
0.389607905190
Long
DBT
MUN
US
N
2
2029-10-01
Fixed
7.08300000
N
N
N
N
N
N
PERALTA CALIF CMNTY COLLEGE DIST
N/A
Peralta Community College District
713575TG3
310000.00000000
PA
USD
330316.59000000
0.459795332088
Long
DBT
MUN
US
N
2
2031-08-01
Fixed
7.30900000
N
N
N
N
N
N
NEW YORK N Y
549300ABYZD2SFD5JB29
City of New York, NY
64966HMV9
100000.00000000
PA
USD
102141.48000000
0.142179282356
Long
DBT
MUN
US
N
2
2031-10-01
Fixed
5.20600000
N
N
N
N
N
N
MIAMI DADE CNTY FLA
549300QG0NBD9HULR263
County of Miami-Dade, FL Transit System
59334PCZ8
500000.00000000
PA
USD
516157.15000000
0.718482375329
Long
DBT
MUN
US
N
2
2032-07-01
Fixed
5.53400000
N
N
N
N
N
N
FRISCO TEX ECONOMIC DEV CORP
N/A
Frisco Economic Development Corp.
358782CQ1
1000000.00000000
PA
USD
972293.20000000
1.353416353630
Long
DBT
MUN
US
N
2
2034-02-15
Fixed
4.20000000
N
N
N
N
N
N
WESTERN NASSAU CNTY N Y WTR AUTH
N/A
Western Nassau County Water Authority
958792CF8
150000.00000000
PA
USD
169168.25000000
0.235479458320
Long
DBT
MUN
US
N
2
2040-04-01
Fixed
6.70100000
N
N
N
N
N
N
MESA ST COLLEGE COLO AUXILIARY FACS ENTERPRISE
N/A
Colorado Mesa University
59067ACT8
500000.00000000
PA
USD
567109.65000000
0.789407428347
Long
DBT
MUN
US
N
2
2042-05-15
Fixed
6.74600000
N
N
N
N
N
N
KeyCorp
RKPI3RZGV1V1FJTH5T61
KeyCorp, Series G, 5.625%
493267868
15000.00000000
NS
USD
300300.00000000
0.418012725991
Long
EP
CORP
US
N
1
N
N
N
PORT AUTH N Y & N J
54930006MR4KZ4W74Z83
Port Authority of New York & New Jersey
73358WUH5
115000.00000000
PA
USD
112680.99000000
0.156850109215
Long
DBT
MUN
US
N
2
2028-10-15
Fixed
3.92100000
N
N
N
N
N
N
SAN BERNARDINO CALIF CITY UNI SCH DIST
N/A
San Bernardino City Unified School District
796714DH3
500000.00000000
PA
USD
520311.00000000
0.724264467111
Long
DBT
MUN
US
N
2
2026-02-01
Fixed
8.25300000
N
N
N
N
N
N
Entergy Mississippi LLC
54930043I78H35DVVW89
Entergy Mississippi, Inc., 4.90%
29364N108
15000.00000000
NS
USD
332400.00000000
0.462695404993
Long
EP
CORP
US
N
1
N
N
N
The Williams Companies, Inc.
D71FAKCBLFS2O0RBPG08
Williams Cos, Inc./The
969457100
15000.00000000
NS
USD
522450.00000000
0.727241920394
Long
EC
CORP
US
N
1
N
N
N
MetLife Inc.
C4BXATY60WC6XEOZDX54
MetLife, Inc.
59156RAV0
1000000.00000000
PA
USD
1340680.00000000
1.866204800141
Long
DBT
CORP
US
N
2
2039-08-01
Fixed
10.75000000
N
N
N
N
N
N
VIRGIN ISLANDS WTR & PWR AUTH
54930088RFCEK01GM855
Virgin Islands Water & Power Authority - Electric System
927688FY2
715000.00000000
PA
USD
751814.92000000
1.046514166335
Long
DBT
MUN
US
N
2
2028-07-01
Fixed
6.65000000
N
N
N
N
N
N
Selective Insurance Group Inc.
549300R3WGJWLE40R258
Selective Insurance Group, Inc.
816300503
1000.00000000
NS
USD
17190.00000000
0.023928200998
Long
EP
CORP
US
N
1
N
N
N
Public Storage
N/A
Public Storage
74460W552
10000.00000000
NS
USD
213900.00000000
0.297745328303
Long
EP
CORP
US
N
1
N
N
N
Entergy Arkansas LLC
549300A0I5ONUIFMLP35
Entergy Arkansas, Inc., 4.88%
29364D100
20000.00000000
NS
USD
426400.00000000
0.593541879330
Long
EP
CORP
US
N
1
N
N
N
The Allstate Corporation
OBT0W1ED8G0NWVOLOJ77
The Allstate Corp., Series I, 4.75%
020002812
15000.00000000
NS
USD
308850.00000000
0.429914187221
Long
EP
CORP
US
N
1
N
N
N
COWLITZ CNTY WASH PUB UTIL DIST NO 001
N/A
Public Utility District No. 1 of Cowlitz County, WA
223777CN1
500000.00000000
PA
USD
561320.95000000
0.781349651900
Long
DBT
MUN
US
N
2
2032-09-01
Fixed
6.88400000
N
N
N
N
N
N
Prudential Financial, Inc.
5PRBRS5FEH7NREC8OR45
Prudential Financial, Inc., 5.625%
744320805
10000.00000000
NS
USD
249600.00000000
0.347439148876
Long
EP
CORP
US
N
1
N
N
N
AbbVie Inc.
FR5LCKFTG8054YNNRU85
AbbVie, Inc.
00287Y109
5000.00000000
NS
USD
774850.00000000
1.078578623825
Long
EC
CORP
US
N
1
N
N
N
ANDERSON IND SCH BLDG CORP
N/A
Anderson School Building Corp.
033896KS9
1000000.00000000
PA
USD
960150.90000000
1.336514469105
Long
DBT
MUN
US
N
2
2029-07-05
Fixed
3.95000000
N
N
N
N
N
N
Fulton Financial Corporation
5493005QLZ6O1BNC0C11
Fulton Financial Corp.
360271308
6000.00000000
NS
USD
100260.00000000
0.139560292733
Long
EP
CORP
US
N
1
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank of America Corp., Series PP, 4.125%
06055H608
16667.00000000
NS
USD
306672.80000000
0.426883560158
Long
EP
CORP
US
N
1
N
N
N
HEALTH CARE AUTH FOR BAPTIST HEALTH ALA
N/A
Health Care Authority for Baptist Health/The
42219UBQ4
2000000.00000000
PA
USD
1900642.80000000
2.645663929285
Long
DBT
MUN
US
N
2
2043-11-15
Fixed
5.50000000
N
N
N
N
N
N
Brookfield Infrastructure Partners LP
549300WEH5R2OODI7Y90
Brookfield Infrastructure Partners LP
G16252267
25000.00000000
NS
USD
413500.00000000
0.575585288703
Long
EP
CORP
BM
N
1
N
N
N
Equitable Holdings Inc
549300FIBAKMNHPZ4009
Equitable Holdings, Inc., Series C, 4.30%
29452E408
20000.00000000
NS
USD
331200.00000000
0.461025024470
Long
EP
CORP
US
N
1
N
N
N
NARRAGANSETT R I BAY COMMN REV
N/A
Narragansett Bay Commission
631060CZ1
500000.00000000
PA
USD
376234.10000000
0.523711760746
Long
DBT
MUN
US
N
2
2043-09-01
Fixed
2.91700000
N
N
N
N
N
N
AMERICAN MUN PWR OHIO INC
EARKGGZJJEMVD66XQ486
American Municipal Power, Inc.
02765UEQ3
465000.00000000
PA
USD
507949.96000000
0.707058100056
Long
DBT
MUN
US
N
2
2050-02-15
Fixed
6.27000000
N
N
N
N
N
N
Northern Trust Corporation
549300GLF98S992BC502
Northern Trust Corp., Series E, 4.70%
665859856
18640.00000000
NS
USD
394795.20000000
0.549548510690
Long
EP
CORP
US
N
1
N
N
N
TOBACCO SETTLEMENT FING CORP VA
N/A
Tobacco Settlement Financing Corp.
88880NAT6
5420000.00000000
PA
USD
4661246.61000000
6.488379626924
Long
DBT
MUN
US
N
2
2046-06-01
Fixed
6.70600000
N
N
N
N
N
N
SNOHOMISH CNTY WASH PUB UTIL DIST NO 1
549300LU0VT11TQC1877
Snohomish County Public Utility District No. 1
833116BU9
250000.00000000
PA
USD
262859.63000000
0.365896338626
Long
DBT
MUN
US
N
2
2040-12-01
Fixed
5.68000000
N
N
N
N
N
N
Fifth Third Bancorp
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp
316773CH1
250000.00000000
PA
USD
296630.24000000
0.412904479633
Long
DBT
CORP
US
N
2
2038-03-01
Fixed
8.25000000
N
N
N
N
N
N
UNIVERSITY CALIF
RRR42I7GG51DB5HDQR14
University of California
91412GXS9
250000.00000000
PA
USD
243690.68000000
0.339213471347
Long
DBT
MUN
US
N
2
2027-05-15
Fixed
3.65900000
N
N
N
N
N
N
Physicians Realty Trust
549300ITOVH0OY7PZC34
Physicians Realty Trust
71943U104
2000.00000000
NS
USD
26620.00000000
0.037054607945
Long
EC
CORP
US
N
1
N
N
N
PENNSYLVANIA ST TPK COMMN
549300J8LLBYEYEXZJ24
Pennsylvania Turnpike Commission
709224V71
390000.00000000
PA
USD
318547.44000000
0.443412866307
Long
DBT
MUN
US
N
2
2043-12-01
Fixed
3.57900000
N
N
N
N
N
N
TC Energy Corp
549300UGKOFV2IWJJG27
TC Energy Corp.
89353D107
15000.00000000
NS
USD
586350.00000000
0.816189683267
Long
EC
CORP
CA
N
1
N
N
N
Wells Fargo & Co.
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co.
94988U128
20000.00000000
NS
USD
401000.00000000
0.558185491583
Long
EP
CORP
US
N
1
N
N
N
ST JOHNS MICH PUB SCHS
N/A
St Johns Public Schools
790450GS3
5000.00000000
PA
USD
5026.61000000
0.006996959535
Long
DBT
MUN
US
N
2
2040-05-01
Fixed
6.65000000
N
N
N
N
N
N
PENNSYLVANIA ST TPK COMMN
549300J8LLBYEYEXZJ24
Pennsylvania Turnpike Commission
709221TG0
520000.00000000
PA
USD
581893.42000000
0.809986196239
Long
DBT
MUN
US
N
2
2037-12-01
Fixed
6.37800000
N
N
N
N
N
N
Spirit Realty Capital Inc
549300LTU6LVPZSHMJ25
Spirit Realty Capital, Inc.
84860W300
4000.00000000
NS
USD
174760.00000000
0.243263083564
Long
EC
CORP
US
N
1
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co., Series EE, 6.00%
48128B648
20000.00000000
NS
USD
506200.00000000
0.704622184139
Long
EP
CORP
US
N
1
N
N
N
Wells Fargo & Co.
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co., Series CC, 4.375%
95002Y202
20000.00000000
NS
USD
368400.00000000
0.512806820697
Long
EP
CORP
US
N
1
N
N
N
PHOENIX ARIZ CIVIC IMPT CORP
N/A
City of Phoenix Civic Improvement Corp.
71884AG60
250000.00000000
PA
USD
175069.25000000
0.243693554544
Long
DBT
MUN
US
N
2
2045-07-01
Fixed
2.70400000
N
N
N
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank of America Corp., Series QQ, 4.25%
06055H806
10000.00000000
NS
USD
185200.00000000
0.257795394118
Long
EP
CORP
US
N
1
N
N
N
WORCESTER MASS
5493006DO0NOILRNNH68
City of Worcester, MA
981305SA4
105000.00000000
PA
USD
109056.20000000
0.151804460367
Long
DBT
MUN
US
N
2
2028-01-01
Fixed
6.25000000
N
N
N
N
N
N
HAWAII ST
N/A
State of Hawaii
419792DG8
495000.00000000
PA
USD
478594.86000000
0.666196277303
Long
DBT
MUN
US
N
2
2032-10-01
Fixed
4.05000000
N
N
N
N
N
N
Public Storage
N/A
Public Storage, Series I, 4.875%
74460W628
9583.00000000
NS
USD
214563.37000000
0.298668728576
Long
EP
CORP
US
N
1
N
N
N
Philip Morris International Inc.
HL3H1H2BGXWVG3BSWR90
Philip Morris International, Inc.
718172109
8000.00000000
NS
USD
752640.00000000
1.047662664303
Long
EC
CORP
US
N
1
N
N
N
MIAMI LAKES FLA
N/A
Town of Miami Lakes, FL
59356PAB6
150000.00000000
PA
USD
169503.86000000
0.235946621993
Long
DBT
MUN
US
N
2
2030-12-01
Fixed
7.58700000
N
N
N
N
N
N
KENTUCKY ST PPTY & BLDGS COMMN
N/A
Kentucky State Property & Building Commission
49151E7C1
207000.00000000
PA
USD
206641.46000000
0.287641558433
Long
DBT
MUN
US
N
2
2025-11-01
Fixed
5.37300000
N
N
N
N
N
N
MIAMI GARDENS FLA
N/A
City of Miami Gardens, FL
593563AE9
670000.00000000
PA
USD
689977.66000000
0.960437704062
Long
DBT
MUN
US
N
2
2026-06-01
Fixed
7.17000000
N
N
N
N
N
N
ARIZONA SCH FACS BRD
N/A
Arizona School Facilities Board
04057PJA7
225000.00000000
PA
USD
234084.58000000
0.325841936058
Long
DBT
MUN
US
N
2
2027-09-01
Fixed
6.00000000
N
N
N
N
N
N
COMSTOCK PARK MICH PUB SCHS
N/A
Comstock Park Public Schools
205759GV9
200000.00000000
PA
USD
200141.84000000
0.278594192885
Long
DBT
MUN
US
N
2
2024-05-01
Fixed
6.20000000
N
N
N
N
N
N
GEORGIA ST
N/A
State of Georgia
373384V37
1000000.00000000
PA
USD
970099.70000000
1.350363037231
Long
DBT
MUN
US
N
2
2032-02-01
Fixed
3.84000000
N
N
N
N
N
N
SPRINGFIELD OHIO LOC SCH DIST SUMMIT CNTY
N/A
Springfield Local School District/Summit County
851239AC7
200000.00000000
PA
USD
200246.12000000
0.278739348952
Long
DBT
MUN
US
N
2
2031-09-01
Fixed
5.65000000
N
N
N
N
N
N
Affiliated Managers Group, Inc.
2JE75BUE3T1BLCYYGK54
Affiliated Managers Group, Inc., 4.75%
008252843
10000.00000000
NS
USD
189500.00000000
0.263780924327
Long
EP
CORP
US
N
1
N
N
N
AMERICAN MUN PWR OHIO INC
EARKGGZJJEMVD66XQ486
American Municipal Power, Inc.
02765UDV3
500000.00000000
PA
USD
619359.45000000
0.862138301908
Long
DBT
MUN
US
N
2
2050-02-15
Fixed
7.49900000
N
N
N
N
N
N
Service Properties Trust
529900IS770AG1K9QG27
Hospitality Properties Trust
44106MAT9
500000.00000000
PA
USD
488755.00000000
0.680339027279
Long
DBT
CORP
US
N
2
2025-03-15
Fixed
4.50000000
N
N
N
N
N
N
Renaissancere Holdings Ltd.
EK6GB9U3U58PDI411C94
RenaissanceRE Holdings Ltd., Series G, 4.2%
G7498P127
850.00000000
NS
USD
14637.00000000
0.020374466434
Long
EP
CORP
BM
N
1
N
N
N
Vornado Realty Trust
N/A
Vornado Realty Trust, Series L, 5.40%
929042844
12298.00000000
NS
USD
193078.60000000
0.268762277444
Long
EP
CORP
US
N
1
N
N
N
U.S. Bancorp.
N1GZ7BBF3NP8GI976H15
US Bancorp, Series M, 4.00%
902973718
10000.00000000
NS
USD
175200.00000000
0.243875556422
Long
EP
CORP
US
N
1
N
N
N
CUYAHOGA CNTY OHIO
549300GHDK9DGLUNJU89
County of Cuyahoga, OH
2322655C8
1000000.00000000
PA
USD
1138353.50000000
1.584569595994
Long
DBT
MUN
US
N
2
2040-02-15
Fixed
8.22300000
N
N
N
N
N
N
CWMBS Inc
549300430UQIJMFG3R47
CHL Mortgage Pass-Through Trust
126694DF2
15830.24000000
PA
USD
9183.79000000
0.012783686622
Long
ABS-O
CORP
US
N
2
2035-10-25
Fixed
5.50000000
N
N
N
N
N
N
CALIFORNIA ST UNIV
N/A
California State University
13077DKT8
100000.00000000
PA
USD
76323.90000000
0.106241630027
Long
DBT
MUN
US
N
2
2042-11-01
Fixed
3.06500000
N
N
N
N
N
N
IDAHO ST WTR RES BRD
N/A
Idaho Water Resource Board
451484AW9
170000.00000000
PA
USD
169991.86000000
0.236625910073
Long
DBT
MUN
US
N
2
2024-09-01
Fixed
5.25000000
N
N
N
N
N
N
U.S. Bancorp.
N1GZ7BBF3NP8GI976H15
US Bancorp
902973734
20000.00000000
NS
USD
331600.00000000
0.461581817978
Long
EP
CORP
US
N
1
N
N
N
NEW YORK N Y CITY TRANSITIONAL FIN AUTH
5493003476LG35QAKM08
New York City Transitional Finance Authority Future Tax Secured Revenue
64971MS78
815000.00000000
PA
USD
837333.69000000
1.165554906165
Long
DBT
MUN
US
N
2
2036-05-01
Fixed
5.46700000
N
N
N
N
N
N
Kinder Morgan Energy Partners LP
549300PDHUGWPWGOT525
Kinder Morgan Energy Partners LP
494550AV8
250000.00000000
PA
USD
264122.73000000
0.367654553325
Long
DBT
CORP
US
N
2
2037-02-01
Fixed
6.50000000
N
N
N
N
N
N
Entergy Louisiana, LLC
0V5453U14HDZO63CGH17
Entergy Louisiana LLC, Series *, 4.88%
29364W108
10000.00000000
NS
USD
212600.00000000
0.295935749403
Long
EP
CORP
US
N
1
N
N
N
PITTSBURGH & ALLEGHENY CNTY PA SPORTS & EXHIB AUTH
N/A
Sports & Exhibition Authority of Pittsburgh and Allegheny County
724790AH3
1000000.00000000
PA
USD
1048958.30000000
1.460132928520
Long
DBT
MUN
US
N
2
2039-11-01
Fixed
7.04000000
N
N
N
N
N
N
Citicorp Mortgage Securities
549300ISEJNGWSXAKR30
Citicorp Mortgage Securities, Inc.
172973N96
34889.55000000
PA
USD
33229.13000000
0.046254409635
Long
ABS-O
CORP
US
N
2
2035-02-25
Fixed
5.00000000
N
N
N
N
N
N
Goldman Sachs Group, Inc.
784F5XWPLTWKTBV3E584
Goldman Sachs Group, Inc./The
38143YAC7
500000.00000000
PA
USD
541854.41000000
0.754252544171
Long
DBT
CORP
US
N
2
2036-05-01
Fixed
6.45000000
N
N
N
N
N
N
The Bank of New York Mellon Corporation
WFLLPEPC7FZXENRZV188
Bank of New York Mellon Corp./The
064058AJ9
100000.00000000
PA
USD
93914.87000000
0.130727974758
Long
DBT
CORP
US
N
2
N/A
Fixed
3.70000176
N
N
N
N
N
N
Diversified Healthcare Trust
N/A
Diversified Healthcare Trust, 5.625%
25525P206
26660.00000000
NS
USD
402566.00000000
0.560365338167
Long
EP
CORP
US
N
1
N
N
N
CHICAGO ILL
T5UYO5SYLC8K73MJQX30
City of Chicago, IL Waterworks Revenue
167736YU5
250000.00000000
PA
USD
286951.15000000
0.399431343449
Long
DBT
MUN
US
N
2
2040-11-01
Fixed
6.74200000
N
N
N
N
N
N
NEW YORK N Y CITY INDL DEV AGY
N/A
New York City Industrial Development Agency
64967BAA0
580000.00000000
PA
USD
585784.98000000
0.815403184598
Long
DBT
MUN
US
Y
2
2046-03-01
Fixed
5.90000000
N
N
N
N
N
N
Southern Co.
549300FC3G3YU2FBZD92
Souther Co./The
842587883
6000.00000000
NS
USD
119100.00000000
0.165785266951
Long
EP
CORP
US
N
1
N
N
N
MISSOURI JT MUN ELEC UTIL COMMN PWR
N/A
Missouri Joint Municipal Electric Utility Commission
606092EF7
475000.00000000
PA
USD
592542.60000000
0.824809681958
Long
DBT
MUN
US
N
2
2039-01-01
Fixed
7.73000000
N
N
N
N
N
N
WYANDOTTE CNTY KANS UNI SCH DIST NO 500
N/A
Wyandotte County Unifed School District No 500 Kansas City
982696SF4
500000.00000000
PA
USD
374946.30000000
0.521919164047
Long
DBT
MUN
US
N
2
2046-09-01
Fixed
3.17000000
N
N
N
N
N
N
Bip Bermuda Holdings I Limited
549300Y8SLOLKXX0MZ44
BIP Bernuda Holdings I Ltd, 5.125%
05554M100
10000.00000000
NS
USD
168600.00000000
0.234688463543
Long
EP
CORP
US
N
1
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank of America Corp.
06055H400
10000.00000000
NS
USD
194400.00000000
0.270601644797
Long
EP
CORP
US
N
1
N
N
N
Valero Energy Corp.
549300XTO5VR8SKV1V74
Valero Energy Corp.
91913YAB6
224000.00000000
PA
USD
265360.95000000
0.369378135468
Long
DBT
CORP
US
N
2
2030-06-15
Fixed
8.75000000
N
N
N
N
N
N
Public Storage
N/A
Public Storage, Series S, 4.1%
74460W396
10000.00000000
NS
USD
184900.00000000
0.257377798987
Long
EP
CORP
US
N
1
N
N
N
Duke Energy Corp
I1BZKREC126H0VB1BL91
Duke Energy Corp.
26441C204
2000.00000000
NS
USD
194080.00000000
0.270156209991
Long
EC
CORP
US
N
1
N
N
N
PHILADELPHIA PA AUTH
549300DIY68KQZEW7M79
Philadelphia Authority for Industrial Development
71781LAM1
130000.00000000
PA
USD
136413.00000000
0.189884681953
Long
DBT
MUN
US
N
2
2028-04-15
Fixed
6.35000000
N
N
N
N
N
N
NEW YORK N Y CITY TRANSITIONAL FIN AUTH
5493003476LG35QAKM08
New York City Transitional Finance Authority Building Aid Revenue
64972HRB0
485000.00000000
PA
USD
554686.26000000
0.772114271104
Long
DBT
MUN
US
N
2
2040-07-15
Fixed
6.82800000
N
N
N
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
48128B622
20000.00000000
NS
USD
428000.00000000
0.595769053361
Long
EP
CORP
US
N
1
N
N
N
Capital One Financial Corp.
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp.
14040H774
18500.00000000
NS
USD
317275.00000000
0.441641650479
Long
EP
CORP
US
N
1
N
N
N
MetLife Inc.
C4BXATY60WC6XEOZDX54
MetLife, Inc.
59156RBS6
1500000.00000000
PA
USD
1686615.65000000
2.347741610245
Long
DBT
CORP
US
Y
2
2038-04-08
Fixed
9.25000000
N
N
N
N
N
N
DTE Energy Co.
549300IX8SD6XXD71I78
DTE Energy Co., Series G, 4.375%
233331826
20000.00000000
NS
USD
394000.00000000
0.548441605197
Long
EP
CORP
US
N
1
N
N
N
Spirit Mta Reit
5493001XMVHW4G48PP41
Spirit MTA REIT
84861U105
2000.00000000
NS
USD
0.00000000
0.000000
Long
EC
CORP
US
N
1
N
N
N
MUNICIPAL ELEC AUTH GA
JA0WNILDDF2KUPS83B16
Municipal Electric Authority of Georgia
626207YS7
1406000.00000000
PA
USD
1574110.92000000
2.191136852089
Long
DBT
MUN
US
N
2
2057-04-01
Fixed
7.05500000
N
N
N
N
N
N
American Financial Group, Inc.
549300AFOM7IVKIU1G39
American Financial Group, Inc./OH, 5.625%
025932872
20000.00000000
NS
USD
462800.00000000
0.644210088541
Long
EP
CORP
US
N
1
N
N
N
ALHAMBRA CALIF UNI SCH DIST
N/A
Alhambra Unified School District
016066BK7
465000.00000000
PA
USD
478564.00000000
0.666153320684
Long
DBT
MUN
US
N
2
2026-02-01
Fixed
6.70000000
N
N
N
N
N
N
2023-12-31
Spirit of America Investment Fund, Inc.
Gregory Knoth
Gregory Knoth
SVP, Mutual Fund Controller