ICPUX: Integrity Mid-North American Resources Fund - MutualFunds.com

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Williston Basin/Mid-North America Stk C

ICPUX - Snapshot

Vitals

  • YTD Return -34.5%
  • 3 Yr Annualized Return -22.5%
  • 5 Yr Annualized Return -14.5%
  • Net Assets $72.8 M
  • Holdings in Top 10 46.3%

52 WEEK LOW AND HIGH

$2.76
$1.69
$4.27

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.09%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 79.67%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare ICPUX to Popular Energy Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$35.81

-0.53%

$8.78 B

6.12%

$2.20

-36.14%

0.13%

$31.70

-0.03%

$3.71 B

5.08%

$1.61

-33.14%

0.32%

$24.18

-0.66%

$2.66 B

5.38%

$1.31

-40.65%

0.10%

$48.43

-0.62%

$2.66 B

5.38%

$2.62

-36.31%

0.10%

$52.06

-0.97%

$1.62 B

2.79%

$1.47

139.24%

0.35%

ICPUX - Profile

Distributions

  • YTD Total Return -34.5%
  • 3 Yr Annualized Total Return -22.5%
  • 5 Yr Annualized Total Return -14.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Integrity Mid-North American Resources Fund
  • Fund Family Name
    IntegrityVikingFunds
  • Inception Date
    May 01, 2014
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Shannon Radke

Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings made for investment purposes) in the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. It may invest in companies of any size. The companies in which the fund invests may include smaller companies that have recently commenced operations and do not have significant revenues.


ICPUX - Performance

Return Ranking - Trailing

Period ICPUX Return Category Return Low Category Return High Rank in Category (%)
YTD -34.5% -74.2% 993.5% 50.00%
1 Yr -41.0% -78.0% 94.5% 28.57%
3 Yr -22.5%* -58.7% -7.1% 39.51%
5 Yr -14.5%* -44.5% 1.0% 47.37%
10 Yr -5.3%* -26.9% -3.4% 20.00%

* Annualized

Return Ranking - Calendar

Period ICPUX Return Category Return Low Category Return High Rank in Category (%)
2019 12.9% -31.6% 664.4% 8.33%
2018 -31.5% -59.6% -12.6% 71.79%
2017 -7.8% -26.7% 47.3% 58.44%
2016 37.0% 5.3% 486.8% 16.90%
2015 -25.7% -60.2% -17.3% 44.29%

Total Return Ranking - Trailing

Period ICPUX Return Category Return Low Category Return High Rank in Category (%)
YTD -34.5% -74.2% 725.9% 40.48%
1 Yr -41.6% -78.0% 94.5% 28.57%
3 Yr -22.5%* -58.7% -7.1% 38.27%
5 Yr -14.5%* -44.5% 1.0% 43.42%
10 Yr -5.3%* -26.9% -3.4% 18.33%

* Annualized

Total Return Ranking - Calendar

Period ICPUX Return Category Return Low Category Return High Rank in Category (%)
2019 12.9% -31.6% 664.4% 8.33%
2018 -31.5% -59.6% -12.6% 73.08%
2017 -7.8% -26.7% 47.3% 58.44%
2016 37.0% 5.3% 420.6% 15.49%
2015 -25.5% -60.2% -16.6% 41.43%

NAV & Total Return History


ICPUX - Holdings

Concentration Analysis

ICPUX Category Low Category High ICPUX % Rank
Net Assets 72.8 M 3.2 M 8.78 B 59.34%
Number of Holdings 39 20 197 52.75%
Net Assets in Top 10 34.8 M 2.05 M 6.8 B 52.75%
Weighting of Top 10 46.33% 34.0% 79.3% 70.33%

Top 10 Holdings

  1. Parsley Energy Inc A 7.10%
  2. ChampionX Corp 5.42%
  3. Phillips 66 5.17%
  4. Cactus Inc Class A 4.98%
  5. Archrock Inc 4.51%
  6. Kinder Morgan Inc Class P 3.94%
  7. Cabot Oil & Gas Corp Class A 3.93%
  8. TC Energy Corp 3.80%
  9. TechnipFMC PLC 3.78%
  10. TechnipFMC PLC 3.78%

Asset Allocation

Weighting Return Low Return High ICPUX % Rank
Stocks
100.00% 73.21% 100.08% 6.59%
Preferred Stocks
0.00% 0.00% 1.85% 5.49%
Other
0.00% 0.00% 16.68% 16.48%
Convertible Bonds
0.00% 0.00% 5.05% 5.49%
Cash
0.00% -0.09% 21.74% 87.91%
Bonds
0.00% 0.00% 10.42% 10.99%

Stock Sector Breakdown

Weighting Return Low Return High ICPUX % Rank
Energy
85.35% 0.52% 100.00% 64.84%
Technology
8.80% 0.00% 48.24% 18.68%
Utilities
5.29% 0.00% 91.44% 19.78%
Industrials
0.56% 0.00% 19.95% 25.27%
Real Estate
0.00% 0.00% 16.63% 13.19%
Healthcare
0.00% 0.00% 0.00% 3.30%
Financial Services
0.00% 0.00% 0.00% 3.30%
Communication Services
0.00% 0.00% 1.71% 6.59%
Consumer Defense
0.00% 0.00% 0.79% 14.29%
Consumer Cyclical
0.00% 0.00% 10.23% 15.38%
Basic Materials
0.00% 0.00% 30.69% 38.46%

Stock Geographic Breakdown

Weighting Return Low Return High ICPUX % Rank
US
87.76% 23.43% 100.00% 32.97%
Non US
12.24% 0.00% 76.60% 58.24%

ICPUX - Expenses

Operational Fees

ICPUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.09% 0.08% 3.64% 22.62%
Management Fee 0.50% 0.00% 1.25% 24.18%
12b-1 Fee 1.00% 0.00% 1.00% 73.81%
Administrative Fee N/A 0.05% 0.25% N/A

Sales Fees

ICPUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 18.18%

Trading Fees

ICPUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ICPUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 79.67% 7.00% 428.00% 65.00%

ICPUX - Distributions

Dividend Yield Analysis

ICPUX Category Low Category High ICPUX % Rank
Dividend Yield 0.00% 0.00% 11.11% 30.77%

Dividend Distribution Analysis

ICPUX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Monthly Annually

Net Income Ratio Analysis

ICPUX Category Low Category High ICPUX % Rank
Net Income Ratio 1.58% -1.58% 6.38% 63.10%

Capital Gain Distribution Analysis

ICPUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

ICPUX - Fund Manager Analysis

Managers

Shannon Radke


Start Date

Tenure

Tenure Rank

Feb 24, 2010

10.69

10.7%

Mr. Radke is a governor and president of Viking Management and a governor of Corridor. He holds a Bachelor of Business Administration degree in Banking and Finance from the University of North Dakota and has been engaged in the securities business since 1988 as a broker and as operations manager and later as chief operating officer of an unrelated investment advisory firm. Mr. Radke founded Viking Management in September 1998 and has been a portfolio manager for years.

Michael Morey


Start Date

Tenure

Tenure Rank

May 01, 2013

7.51

7.5%

Mr. Morey received a Bachelor of Science degree in finance from Minot State University in 2010. He joined the fund accounting division of Integrity Viking Funds in 2009 and has been a research analyst for certain funds advised by Viking Management since February 2010.Mr. Morey has served as a co-portfolio manager. Mr. Morey is also a Regional Director for the Integrity Viking Funds (with respect to the State of Texas). In addition, he is enrolled in the Chartered Financial Analyst Program.

Trey Welstad


Start Date

Tenure

Tenure Rank

Jul 15, 2020

0.3

0.3%

Mr. Welstad holds Bachelor of Science degrees in Finance, Management, and Marketing from Minot State University. In 2012, he began his work at Integrity Viking Funds as a research analyst for certain funds advised by Viking Management. Mr. Welstad is a 2015 Level III Candidate in the CFA® Program. He has served as a co-portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.18 22.6 5.69 0.35