# EDGAR Filing Document

**Accession Number:** 0001039667
**File Stem:** 0000910472-26-003294
**Filing Date:** 2026-2
**Character Count:** 22713
**Document Hash:** bb949b7622daa3e33186b834f3c2aa53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003294.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003294

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPIRIT OF AMERICA INVESTMENT FUND INC
- **CENTRAL INDEX KEY:** 0001039667

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08231
- **FILM NUMBER:** 26695124

**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

## Series and Classes Contracts Data

### Spirit of America Utilities Fund (Series ID: S000079525)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000240589 | Institutional Shares | SOIUX           |
| C000240590 | Class C Shares       | SOCUX           |
| C000240591 | Class A Shares       | SOAUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Spirit of America Investment Fund, Inc.

- **b. Investment Company Act file number:** 811-08231

- **c. CIK number of Registrant:** 0001039667

- **d. LEI of Registrant:** 549300PJ84G8FJU36634

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 477 Jericho Turnpike

  - **City:** Syosset

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 11791

  - **Telephone number:** 516-390-5555

**Item A.2. Information about the Series.**

- **a. Name of Series:** SPIRIT OF AMERICA UTILITIES FUND

- **b. EDGAR series identifier (if any):** S000079525

- **c. LEI of Series:** 549300WVAWZGKW3UIJ90

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $50542627.19

**Total Liabilities:** $92320.04

**Net Assets:** $50450307.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240589 | 0.72%                | 2.29%                | -5.01%               |
| Class ID C000240590 | -0.37%               | 1.24%                | -6.03%               |
| Class ID C000240591 | -5.08%               | -3.60%               | -10.54%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.02                    | $311818.63                                 |
| Month 2  | $13964.90                | $1017727.08                                |
| Month 3  | $0.12                    | $-2723157.43                               |

### Schedule of Portfolio Investments

| Name                                         | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AES Corp.                                    | AES Corporation (The)                                               | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |     31500 | NS      | $451710.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corporation                   | Alliant Energy Corporation                                          | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      7000 | NS      | $455070.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc.                                    | Oklo, Inc.                                                          | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $107640.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                 | Ameren Corporation                                                  | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     15400 | NS      | $1537844.00   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc.             | American Electric Power Company, Inc.                               | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     14600 | NS      | $1683526.00   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.           | American Water Works Company, Inc.                                  | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      2250 | NS      | $293625.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                           | Atmos Energy Corporation                                            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      5600 | NS      | $938728.00    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corporation             | Brookfield Renewable Corporation                                    | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |      5900 | NS      | $226206.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                       | CMS Energy Corporation                                              | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     21700 | NS      | $1517481.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group               | California Water Service Group                                      | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |      6500 | NS      | $281645.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerpoint Energy Inc                       | CenterPoint Energy, Inc.                                            | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     24800 | NS      | $950832.00    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corporation             | Chesapeake Utilities Corporation                                    | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      4500 | NS      | $561420.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                          | Clearway Energy, Inc.                                               | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     23800 | NS      | $791588.00    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                   | Constellation Energy Corp.                                          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      6800 | NS      | $2402236.00   | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                               | DTE Energy Company                                                  | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     14900 | NS      | $1921802.00   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                          | Dominion Energy, Inc.                                               | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |      7600 | NS      | $445284.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                             | Duke Energy Corporation                                             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     18050 | NS      | $2115640.50   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                         | Edison International                                                | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     10858 | NS      | $651697.16    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                          | Entergy Corporation                                                 | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     23450 | NS      | $2167483.50   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc                      | Essential Utilities, Inc.                                           | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |     34350 | NS      | $1317666.00   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                   | Evergy, Inc.                                                        | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     16750 | NS      | $1214207.50   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                            | Eversource Energy                                                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     20050 | NS      | $1349966.50   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                 | Exelon Corporation                                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     29550 | NS      | $1288084.50   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                            | FirstEnergy Corporation                                             | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     33800 | NS      | $1513226.00   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Idacorp Inc                                  | IDACORP, Inc.                                                       | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      4850 | NS      | $613816.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                          | Kinder Morgan, Inc.                                                 | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      8000 | NS      | $219920.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds | Morgan Stanley Institutional Liquidity Fund  - Government Portfolio | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |    900121 | PA      | $900120.52    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                             | NRG Energy, Inc.                                                    | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      6450 | NS      | $1027098.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Company                    | National Fuel Gas Company                                           | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      4300 | NS      | $344258.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                   | New Jersey Resources Corporation                                    | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     11650 | NS      | $537298.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                           | NextEra Energy, Inc.                                                | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     34150 | NS      | $2741562.00   | 5.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                | NiSource, Inc.                                                      | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     35500 | NS      | $1482480.00   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Company            | Northwest Natural Holding Company                                   | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     11950 | NS      | $558543.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Energy Group Inc                | Northwestern Energy Group, Inc.                                     | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      8700 | NS      | $561498.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp.                          | NuScale Power Corporation                                           | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4500 | NS      | $63765.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                   | ONEOK, Inc.                                                         | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      3275 | NS      | $240712.50    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc.                             | TXNM Energy, Inc.                                                   | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |      5600 | NS      | $329728.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                              | PPL Corporation                                                     | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     55450 | NS      | $1941859.00   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                  | Pinnacle West Capital Corporation                                   | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      4000 | NS      | $354800.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Company            | Portland General Electric Company                                   | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     16900 | NS      | $811031.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Incorporated | Public Service Enterprise Group, Inc.                               | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     19500 | NS      | $1565850.00   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                      | Republic Services, Inc.                                             | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      2200 | NS      | $466246.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                       | Sempra                                                              | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     18300 | NS      | $1615707.00   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                 | Southern Company (The)                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     11300 | NS      | $985360.00    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                   | Southwest Gas Holdings, Inc.                                        | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      4200 | NS      | $336084.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corporation                     | Talen Energy Corporation                                            | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1550 | NS      | $581002.00    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                        | Targa Resources Corporation                                         | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      1725 | NS      | $318262.50    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                  | Vistra Corporation                                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     11450 | NS      | $1847228.50   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                        | WEC Energy Group, Inc.                                              | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      9650 | NS      | $1017689.00   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                       | Waste Management, Inc.                                              | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      3200 | NS      | $703072.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                | Williams Companies, Inc. (The)                                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      5800 | NS      | $348638.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                              | Xcel Energy, Inc.                                                   | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     23400 | NS      | $1728324.00   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Spirit of America Investment Fund, Inc.

**Signature:** Alan Chodosh

**Name of Signer:** Alan Chodosh

**Title:** Treasurer