# EDGAR Filing Document

**Accession Number:** 0001039667
**File Stem:** 0001752724-25-183327
**Filing Date:** 2025-7
**Character Count:** 31956
**Document Hash:** 62c51eaeb22ce08ea1b2f591524cb36f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183327.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183327

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20251130

**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:** 251164949

**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 Energy Fund (Series ID: S000046009)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000143747 | Class A              | SOAEX           |
| C000167220 | Class C              | SACEX           |
| C000218733 | Institutional Shares | SAIEX           |

## 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 ENERGY FUND

- **b. EDGAR series identifier (if any):** S000046009

- **c. LEI of Series:** 549300NUK30FC9K5W533

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**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:** $173654750.49

**Total Liabilities:** $11475557.63

**Net Assets:** $162179192.86

**Cash Not Reported:** $114450.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000143747 | -5.12%               | -14.88%              | -2.61%               |
| Class ID C000167220 | -0.40%               | -10.60%              | 2.17%                |
| Class ID C000218733 | 0.75%                | -9.71%               | 3.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $287360.09               | $1006055.39                                |
| Month 2  | $2760777.43              | $-22400342.99                              |
| Month 3  | $6737268.95              | $-2306887.56                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Crescent Energy Co.                                                | Crescent Energy Co.                                                 | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $25170.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                                             | BP PLC                                                              | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |     74361 | NS      | $2163905.10   | 1.33%             |  |  |  | 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        |   7090914 | PA      | $7090913.51   | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                                         | ONEOK, Inc.                                                         | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     88947 | NS      | $7190475.48   | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                                   | TotalEnergies SE                                                    | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |      1000 | NS      | $58680.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Partners Lp                                        | Cheniere Energy Partners LP                                         | CUSIP: 16411Q101<br>LEI: 5493005UEC8AZ34LDV29 | Long             | EC               | CORP              | US        |      1380 | NS      | $79170.60     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                                   | Duke Energy Corp.                                                   | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1750 | NS      | $206010.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                                             | Diamondback Energy, Inc.                                            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     17150 | NS      | $2307532.50   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                                                 | Chord Energy Corp.                                                  | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |       350 | NS      | $31500.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc.                                                          | Oklo, Inc.                                                          | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $632640.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                                 | Coterra Energy, Inc.                                                | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     84000 | NS      | $2042040.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Suburban Propane Partners LP / Suburban Energy Finance Corporation | Suburban Propane Partners, L.P.                                     | CUSIP: 864482104<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | EC               | CORP              | US        |      8000 | NS      | $150720.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc                                               | Kinetik Holdings Inc                                                | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $445400.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                                 | Vertiv Holdings Co.                                                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      4400 | NS      | $474892.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company                                          | Matador Resources Co.                                               | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      9000 | NS      | $387090.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                                     | ConocoPhillips                                                      | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     46377 | NS      | $3958276.95   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                                                    | GE Vernova LLC                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       800 | NS      | $378384.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                                              | Range Resources Corp.                                               | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     13000 | NS      | $494520.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L.P.                                  | Plains All American Pipeline LP                                     | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |    281300 | NS      | $4652702.00   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                                           | UGI Corp.                                                           | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      9000 | NS      | $324540.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                                            | MPLX LP                                                             | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    111897 | NS      | $5706747.00   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                                             | Permian Resources Corp.                                             | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     12000 | NS      | $151320.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                                        | Phillips 66                                                         | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     59786 | NS      | $6784515.28   | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corporation                                       | Antero Midstream Corp.                                              | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49500 | NS      | $929610.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                                                    | PPL Corp.                                                           | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     21000 | NS      | $729750.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                                      | Western Midstream Partners LP                                       | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    137650 | NS      | $5148110.00   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                                      | Chevron Corp.                                                       | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45280 | NS      | $6189776.00   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek Logistics Partners Lp                                        | Delek Logistics Partners LP                                         | CUSIP: 24664T103<br>LEI: 549300UVYITDIU51P724 | Long             | EC               | CORP              | US        |      2000 | NS      | $83560.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                                 | Energy Transfer LP                                                  | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |    456700 | NS      | $7983116.00   | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                                            | ITT, Inc.                                                           | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      7050 | NS      | $1061307.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                                               | Schlumberger Ltd.                                                   | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     48900 | NS      | $1616145.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corporation                                                   | Hess Corp.                                                          | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      1950 | NS      | $257770.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                                 | NextEra Energy, Inc.                                                | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      1950 | NS      | $137748.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                                      | Enbridge, Inc.                                                      | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    158627 | NS      | $7372982.96   | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                                                | Kinder Morgan, Inc.                                                 | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    278994 | NS      | $7822991.76   | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc.                                                 | Suncor Energy, Inc.                                                 | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |      4000 | NS      | $142200.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| South Bow Corp.                                                    | SOUTH BOW CORP                                                      | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |     11765 | NS      | $305890.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                                      | Williams Cos, Inc./The                                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    165782 | NS      | $10031468.82  | 6.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                                                | Valero Energy Corp.                                                 | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     53669 | NS      | $6921690.93   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                                                | Entergy Corp.                                                       | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      3250 | NS      | $270660.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                                         | Constellation Energy Corp.                                          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      2900 | NS      | $887835.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                                                  | HF Sinaclair Corp.                                                  | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     29176 | NS      | $1054128.88   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                                                 | EOG Resources, Inc.                                                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     24200 | NS      | $2627394.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Compression Partners Lp                                        | USA Compression Partners LP                                         | CUSIP: 90290N109<br>LEI: 5493000B1PEOKXRZEO65 | Long             | EC               | CORP              | US        |      5284 | NS      | $133156.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                                                     | TC Energy Corp.                                                     | CUSIP: 89353D107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     53578 | NS      | $2713189.92   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company                                                | Halliburton Co.                                                     | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     41000 | NS      | $803190.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                                        | Ovintiv, Inc.                                                       | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      9500 | NS      | $340290.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                                                  | Hess Midstream LP                                                   | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144337 | NS      | $5340469.00   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                                           | Marathon Petroleum Corp.                                            | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     49175 | NS      | $7904389.50   | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corporation                                          | CNX Resources Corp.                                                 | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     14500 | NS      | $468060.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Limited                                 | Canadian Natural Resources Ltd.                                     | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |      4000 | NS      | $121480.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                                              | Targa Resources Corp.                                               | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     48458 | NS      | $7652971.94   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                                                     | TechnipFMC PLC                                                      | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     16000 | NS      | $498400.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Stone Minerals LP                                            | Black Stone Minerals, L.P.                                          | CUSIP: 09225M101<br>LEI: 0C0OFK66613BCRQJ7F34 | Long             | EC               | CORP              | US        |    164999 | NS      | $2202736.65   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                                                | EXPAND ENERGY CORP                                                  | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      9050 | NS      | $1050976.50   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                                                     | PBF Energy, Inc.                                                    | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     53750 | NS      | $1023937.50   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corporation                                             | Murphy Oil Corp.                                                    | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |      5000 | NS      | $104650.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation                                     | Texas Pacific Land Corp.                                            | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2430 | NS      | $2707092.90   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                                        | Vistra Energy Corp.                                                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      5950 | NS      | $955391.50    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                                               | Baker Hughes Co.                                                    | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63000 | NS      | $2334150.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP                                              | Plains GP Holdings LP                                               | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |     64000 | NS      | $1126400.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                                                          | Sunoco LP                                                           | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |     13500 | NS      | $728190.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                                                    | EQT Corp.                                                           | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     25000 | NS      | $1378250.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                                         | Occidental Petroleum Corp.                                          | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     35100 | NS      | $1431378.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc.                                                  | Viper Energy Inc                                                    | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |     30600 | NS      | $1214514.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                                                | Cheniere Energy, Inc.                                               | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     33000 | NS      | $7820670.00   | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corporation                                       | Antero Resources Corp.                                              | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     15500 | NS      | $580475.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                                           | Devon Energy Corp.                                                  | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     42450 | NS      | $1284537.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                                | Dominion Resources, Inc.                                            | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |      1500 | NS      | $85005.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                                 | Liberty Oilfield Services, Inc.                                     | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $46360.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L.P.                                  | Enterprise Products Partners LP                                     | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    179136 | NS      | $5520971.52   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corporation                                           | Talen Energy Corp.                                                  | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4050 | NS      | $987997.50    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                                  | Exxon Mobil Corp.                                                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     59689 | NS      | $6106184.70   | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-31

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

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller