NRIGX: Integrity Energized Dividend I

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NRIGX Integrity Energized Dividend I

  • Fund
  • NRIGX
  • Price as of: Oct 18, 2019
  • $9.87 - $0.01 - 0.10%

NRIGX - Profile

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return -2.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $5.61 M
  • Holdings in Top 10 70.1%

52 WEEK LOW AND HIGH

$9.87
$9.51
$12.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.46%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.37%

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 3.8%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.70%
DIVIDENDS
  • Dividend Yield 3.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Integrity Energized Dividend Fund
  • Fund Family Name IntegrityVikingFunds
  • Inception Date Aug 01, 2016
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Michael Morey

Fund Description

The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in dividend-paying equity securities. It will normally invest at least 65% of its net assets in the equity securities of domestic and foreign issuers with business operations in or related to energy industries, including certain utilities and materials companies. The fund is non-diversified.

NRIGX - Performance

Return Ranking - Trailing

Period NRIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -39.3% 4.3% 7.79%
1 Yr -19.0% -66.7% -16.9% 13.33%
3 Yr -2.6%* -38.5% 40.4% 2.74%
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 NRIGX Return Category Return Low Category Return High Rank in Category (%)
2018 -23.5% -59.6% -17.1% 16.22%
2017 9.3% -24.5% 9.3% 1.37%
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 NRIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -39.3% 4.3% 7.79%
1 Yr -12.0% -66.7% -12.0% 1.33%
3 Yr 4.6%* -38.1% 40.4% 2.74%
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 NRIGX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.9% -59.6% -14.9% 1.35%
2017 17.7% -23.4% 17.7% 1.37%
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

NRIGX - Holdings

Concentration Analysis

NRIGX Category Low Category High NRIGX % Rank
Net Assets 5.61 M 5.43 M 6.85 B 94.87%
Number of Holdings 20 20 137 97.44%
Net Assets in Top 10 3.86 M 2.74 M 3.48 B 87.18%
Weighting of Top 10 70.14% 37.5% 70.1% 1.28%

Top 10 Holdings

  1. Royal Dutch Shell PLC ADR Class B 11.20%

  2. BP PLC ADR 10.69%

  3. Williams Companies Inc 10.04%

  4. Occidental Petroleum Corp 9.68%

  5. Helmerich & Payne Inc 6.54%

  6. Dow Inc 4.76%

  7. Covanta Holding Corp 4.39%

  8. Schlumberger Ltd 4.34%

  9. Enbridge Inc 4.27%

  10. TC Energy Corp 4.23%


Asset Allocation

Weighting Return Low Return High NRIGX % Rank
Stocks
100.00% 73.07% 100.00% 1.28%
Preferred Stocks
0.00% 0.00% 1.85% 6.41%
Other
0.00% -3.01% 0.00% 5.13%
Convertible Bonds
0.00% 0.00% 0.00% 5.13%
Cash
0.00% -0.01% 26.93% 87.18%
Bonds
0.00% 0.00% 13.80% 12.82%

Stock Sector Breakdown

Weighting Return Low Return High NRIGX % Rank
Energy
85.71% 61.60% 98.73% 78.21%
Basic Materials
8.33% 0.00% 13.69% 3.85%
Industrials
4.39% 0.00% 8.86% 12.82%
Utilities
1.57% 0.00% 10.96% 24.36%
Technology
0.00% 0.00% 3.69% 23.08%
Real Estate
0.00% 0.00% 0.32% 14.10%
Healthcare
0.00% 0.00% 0.00% 5.13%
Financial Services
0.00% 0.00% 0.75% 6.41%
Communication Services
0.00% 0.00% 0.00% 5.13%
Consumer Defense
0.00% 0.00% 0.00% 5.13%
Consumer Cyclical
0.00% 0.00% 3.99% 8.97%

Stock Geographic Breakdown

Weighting Return Low Return High NRIGX % Rank
US
59.40% 35.34% 99.18% 82.05%
Non US
40.60% 0.00% 63.41% 8.97%

NRIGX - Expenses

Operational Fees

NRIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.46% 0.10% 4.38% 16.88%
Management Fee 0.75% 0.09% 1.50% 32.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.25% N/A

Sales Fees

NRIGX 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

NRIGX 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.

NRIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.37% 5.00% 1453.00% 53.85%

NRIGX - Distributions

Dividend Yield Analysis

NRIGX Category Low Category High NRIGX % Rank
Dividend Yield 3.06% 0.00% 20.16% 14.10%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

NRIGX Category Low Category High NRIGX % Rank
Net Income Ratio 4.70% -2.40% 4.70% 1.30%

Capital Gain Distribution Analysis

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

NRIGX - Managers

Michael Morey

Manager

Start Date

Tenure

Tenure Rank

May 02, 2016

3.41

3.4%

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.


Trey Welstad

Manager

Start Date

Tenure

Tenure Rank

May 02, 2016

3.41

3.4%

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.


Shannon D. Radke

Manager

Start Date

Tenure

Tenure Rank

May 02, 2016

3.41

3.4%

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

May 02, 2016

3.41

3.4%

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.


Tenure Analysis

Category Low

0.07

Category High

21.51

Category Average

5.75

Category Mode

6.0