ICPAX: Williston Basin/Mid-North America Stk A

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ICPAX Williston Basin/Mid-North America Stk A


Profile

ICPAX - Profile

Vitals

  • YTD Return -7.8%
  • 3 Yr Annualized Return -12.6%
  • 5 Yr Annualized Return -8.5%
  • Net Assets $143 M
  • Holdings in Top 10 49.3%

52 WEEK LOW AND HIGH

$3.90
$3.67
$4.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.53%

SALES FEES

  • Front Load 5.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 70.73%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

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

Distributions

  • YTD Total Return -7.8%
  • 3 Yr Annualized Total Return -12.4%
  • 5 Yr Annualized Total Return -8.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.79%
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
    Apr 05, 1999
  • Shares Outstanding
    N/A
  • Share Class
    A
  • 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.


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Categories

Performance

ICPAX - Performance

Return Ranking - Trailing

Period ICPAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -22.4% 3.5% 35.90%
1 Yr -13.9% -53.2% 322.2% 44.16%
3 Yr -12.6%* -37.9% 23.6% 53.42%
5 Yr -8.5%* -29.6% 17.5% 41.94%
10 Yr 1.1%* -12.3% 10.3% 9.76%

* Annualized

Return Ranking - Calendar

Period ICPAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.5% -31.6% 664.4% 5.19%
2018 -31.4% -59.6% -17.1% 77.03%
2017 -7.6% -24.5% 9.3% 58.90%
2016 37.6% 16.2% 420.6% 15.94%
2015 -25.7% -73.7% -17.3% 37.10%

Total Return Ranking - Trailing

Period ICPAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -22.4% 3.5% 35.90%
1 Yr -13.9% -53.2% 322.2% 44.16%
3 Yr -12.4%* -37.9% 24.3% 53.42%
5 Yr -8.2%* -29.6% 17.5% 41.94%
10 Yr 2.2%* -12.3% 10.3% 9.76%

* Annualized

Total Return Ranking - Calendar

Period ICPAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.5% -31.6% 664.4% 5.19%
2018 -31.0% -59.6% -14.9% 77.03%
2017 -7.5% -23.4% 17.7% 60.27%
2016 37.8% 16.2% 420.6% 15.94%
2015 -25.2% -73.7% -16.6% 35.48%

NAV & Total Return History


Holdings

ICPAX - Holdings

Concentration Analysis

ICPAX Category Low Category High ICPAX % Rank
Net Assets 143 M 6.07 M 6.18 B 34.62%
Number of Holdings 40 24 138 55.13%
Net Assets in Top 10 77 M 2.93 M 3.13 B 35.90%
Weighting of Top 10 49.32% 40.3% 68.5% 51.28%

Top 10 Holdings

  1. ConocoPhillips 5.79%
  2. EOG Resources Inc 5.74%
  3. Kinder Morgan Inc Class P 5.56%
  4. Helmerich & Payne Inc 4.95%
  5. Cheniere Energy Inc 4.89%
  6. Concho Resources Inc 4.88%
  7. Diamondback Energy Inc 4.88%
  8. Archrock Inc 4.69%
  9. Valero Energy Corp 4.08%
  10. Marathon Petroleum Corp 3.86%

Asset Allocation

Weighting Return Low Return High ICPAX % Rank
Stocks
100.00% 71.66% 101.01% 23.08%
Preferred Stocks
0.00% 0.00% 1.85% 71.79%
Other
0.00% -4.75% 0.00% 61.54%
Convertible Bonds
0.00% 0.00% 0.00% 71.79%
Cash
0.00% -0.40% 28.34% 80.77%
Bonds
0.00% 0.00% 13.32% 75.64%

Stock Sector Breakdown

Weighting Return Low Return High ICPAX % Rank
Energy
88.81% 47.71% 100.00% 75.64%
Basic Materials
5.52% 0.00% 7.50% 29.49%
Utilities
5.01% 0.00% 49.40% 23.08%
Industrials
0.66% 0.00% 9.65% 34.62%
Technology
0.00% 0.00% 11.40% 78.21%
Real Estate
0.00% 0.00% 0.00% 71.79%
Healthcare
0.00% 0.00% 0.00% 71.79%
Financial Services
0.00% 0.00% 3.21% 75.64%
Communication Services
0.00% 0.00% 0.00% 71.79%
Consumer Defense
0.00% 0.00% 0.00% 71.79%
Consumer Cyclical
0.00% 0.00% 3.69% 75.64%

Stock Geographic Breakdown

Weighting Return Low Return High ICPAX % Rank
US
88.50% 38.14% 100.40% 43.59%
Non US
11.50% 0.00% 61.09% 52.56%

Expenses

ICPAX - Expenses

Operational Fees

ICPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.53% 0.10% 4.80% 64.94%
Management Fee 0.50% 0.09% 1.50% 7.69%
12b-1 Fee 0.50% 0.00% 1.00% 64.00%
Administrative Fee N/A 0.05% 0.25% N/A

Sales Fees

ICPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 2.00% 5.75% 72.22%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

ICPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.73% 7.00% 1453.00% 65.38%

Distributions

ICPAX - Distributions

Dividend Yield Analysis

ICPAX Category Low Category High ICPAX % Rank
Dividend Yield 0.00% 0.00% 11.02% 82.05%

Dividend Distribution Analysis

ICPAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ICPAX Category Low Category High ICPAX % Rank
Net Income Ratio 0.79% -1.61% 4.70% 46.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ICPAX - Fund Manager Analysis

Managers

Shannon Radke


Start Date

Tenure

Tenure Rank

Feb 24, 2010

9.94

9.9%

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 Avery


Start Date

Tenure

Tenure Rank

Feb 24, 2010

9.94

9.9%

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


Start Date

Tenure

Tenure Rank

May 01, 2013

6.76

6.8%

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 Category High Category Average Category Mode
0.04 21.85 6.14 3.75