Williston Basin/Mid-North America Stk C
- ICPUX
- Price as of: Nov 20, 2020
-
$2.76
N/A N/A
- Primary Theme
- Energy Sector Equity
- Fund Company
- IntegrityVikingFunds
- Share Class
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
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
-
Primary Theme
Energy Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Equity Energy
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameIntegrity Mid-North American Resources Fund
-
Fund Family NameIntegrityVikingFunds
-
Inception DateMay 01, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerShannon 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
- Parsley Energy Inc A 7.10%
- ChampionX Corp 5.42%
- Phillips 66 5.17%
- Cactus Inc Class A 4.98%
- Archrock Inc 4.51%
- Kinder Morgan Inc Class P 3.94%
- Cabot Oil & Gas Corp Class A 3.93%
- TC Energy Corp 3.80%
- TechnipFMC PLC 3.78%
- 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 |
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 |