ICWIX: Williston Basin/Mid-North America Stk I

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ICWIX Williston Basin/Mid-North America Stk I

  • Fund
  • ICWIX
  • Price as of: Oct 18, 2019
  • $3.88 - $0.03 - 0.77%

ICWIX - Profile

Vitals

  • YTD Return 3.7%
  • 3 Yr Annualized Return -11.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $175 M
  • Holdings in Top 10 47.2%

52 WEEK LOW AND HIGH

$3.88
$3.55
$5.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.03%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 70.73%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return 3.7%
  • 3 Yr Annualized Total Return -11.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Williston Basin/Mid-North America Stock Fund
  • Fund Family Name IntegrityVikingFunds
  • Inception Date Aug 01, 2016
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Shannon D. 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 Williston Basin area and/or 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.

ICWIX - Performance

Return Ranking - Trailing

Period ICWIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% -39.3% 4.3% 10.39%
1 Yr -23.6% -66.7% -16.9% 34.67%
3 Yr -11.8%* -38.5% 40.4% 50.68%
5 Yr N/A* -34.1% 15.9% N/A
10 Yr N/A* -15.9% 9.8% N/A

* Annualized


Return Ranking - Calendar

Period ICWIX Return Category Return Low Category Return High Rank in Category (%)
2018 -31.6% -59.6% -17.1% 79.73%
2017 -7.6% -24.5% 9.3% 60.27%
2016 N/A 16.2% 420.6% N/A
2015 N/A -73.7% -17.3% N/A
2014 N/A -59.7% -10.3% N/A

Total Return Ranking - Trailing

Period ICWIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% -39.3% 4.3% 10.39%
1 Yr -22.5% -66.7% -12.0% 26.67%
3 Yr -11.1%* -38.1% 40.4% 50.68%
5 Yr N/A* -34.1% 15.9% N/A
10 Yr N/A* -15.8% 9.8% N/A

* Annualized


Total Return Ranking - Calendar

Period ICWIX Return Category Return Low Category Return High Rank in Category (%)
2018 -30.6% -59.6% -14.9% 74.32%
2017 -7.1% -23.4% 17.7% 52.05%
2016 N/A 16.2% 420.6% N/A
2015 N/A -73.7% -16.6% N/A
2014 N/A -59.7% -10.3% N/A

NAV & Total Return History

ICWIX - Holdings

Concentration Analysis

ICWIX Category Low Category High ICWIX % Rank
Net Assets 175 M 5.43 M 6.85 B 32.05%
Number of Holdings 42 20 137 43.59%
Net Assets in Top 10 77.2 M 2.74 M 3.48 B 33.33%
Weighting of Top 10 47.18% 37.5% 70.1% 64.10%

Top 10 Holdings

  1. EOG Resources Inc 6.35%

  2. ConocoPhillips 5.05%

  3. Kinder Morgan Inc Class P 4.91%

  4. Archrock Inc 4.63%

  5. Cheniere Energy Inc 4.62%

  6. Concho Resources Inc 4.56%

  7. Williams Companies Inc 4.41%

  8. Diamondback Energy Inc 4.39%

  9. Valero Energy Corp 4.17%

  10. Marathon Petroleum Corp 4.08%


Asset Allocation

Weighting Return Low Return High ICWIX % Rank
Stocks
100.00% 73.07% 100.00% 2.56%
Preferred Stocks
0.00% 0.00% 1.85% 17.95%
Other
0.00% -3.01% 0.00% 15.38%
Convertible Bonds
0.00% 0.00% 0.00% 16.67%
Cash
0.00% -0.01% 26.93% 88.46%
Bonds
0.00% 0.00% 13.80% 24.36%

Stock Sector Breakdown

Weighting Return Low Return High ICWIX % Rank
Energy
87.90% 61.60% 98.73% 66.67%
Basic Materials
5.81% 0.00% 13.69% 21.79%
Utilities
5.20% 0.00% 10.96% 10.26%
Industrials
1.09% 0.00% 8.86% 35.90%
Technology
0.00% 0.00% 3.69% 29.49%
Real Estate
0.00% 0.00% 0.32% 23.08%
Healthcare
0.00% 0.00% 0.00% 16.67%
Financial Services
0.00% 0.00% 0.75% 17.95%
Communication Services
0.00% 0.00% 0.00% 16.67%
Consumer Defense
0.00% 0.00% 0.00% 16.67%
Consumer Cyclical
0.00% 0.00% 3.99% 20.51%

Stock Geographic Breakdown

Weighting Return Low Return High ICWIX % Rank
US
88.61% 35.34% 99.18% 51.28%
Non US
11.39% 0.00% 63.41% 39.74%

ICWIX - Expenses

Operational Fees

ICWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.10% 4.38% 85.71%
Management Fee 0.50% 0.09% 1.50% 5.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.25% N/A

Sales Fees

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

Trading Fees

ICWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Turnover 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.

ICWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.73% 5.00% 1453.00% 62.82%

ICWIX - Distributions

Dividend Yield Analysis

ICWIX Category Low Category High ICWIX % Rank
Dividend Yield 1.38% 0.00% 20.16% 37.18%

Dividend Distribution Analysis

ICWIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

ICWIX Category Low Category High ICWIX % Rank
Net Income Ratio 1.29% -2.40% 4.70% 24.68%

Capital Gain Distribution Analysis

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

ICWIX - Managers

Shannon D. Radke

Manager

Start Date

Tenure

Tenure Rank

Feb 24, 2010

9.6

9.6%

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.


Monte L. Avery

Manager

Start Date

Tenure

Tenure Rank

Feb 24, 2010

9.6

9.6%

Mr. Avery was previously an employee of Integrity Money Management and, since August 1, 2009, has been an employee of Viking Management. Mr. Avery started in the securities business with PaineWebber in 1981 as a retail broker, transferring to Dean Witter in 1982. In 1988, Mr. Avery joined Bremer Bank, N.A. (Minot, ND) to help start its Invest Center. He transferred back to Dean Witter in 1993 where he remained until he joined Integrity in 1995. Since that time, Mr. Avery has served as a portfolio manager to various funds currently advised by Viking Management, including funds, such as the Funds, that were previously advised by Integrity Money Management.


Michael Morey

Manager

Start Date

Tenure

Tenure Rank

May 01, 2013

6.42

6.4%

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.


Tenure Analysis

Category Low

0.07

Category High

21.51

Category Average

5.75

Category Mode

6.0