NRIGX: Integrity Energized Dividend I

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NRIGX Integrity Energized Dividend I


Profile

NRIGX - Profile

Vitals

  • YTD Return -3.4%
  • 3 Yr Annualized Return -3.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $6.65 M
  • Holdings in Top 10 63.7%

52 WEEK LOW AND HIGH

$10.05
$9.57
$11.42

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

Distributions

  • YTD Total Return -3.4%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.70%
DIVIDENDS
  • Dividend Yield 1.3%
  • 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.


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Categories

Performance

NRIGX - Performance

Return Ranking - Trailing

Period NRIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -23.1% 4.3% 29.49%
1 Yr -8.6% -48.7% 325.4% 19.48%
3 Yr -3.7%* -38.1% 22.8% 8.22%
5 Yr N/A* -29.7% 18.0% N/A
10 Yr N/A* -12.4% 10.3% N/A

* Annualized

Return Ranking - Calendar

Period NRIGX Return Category Return Low Category Return High Rank in Category (%)
2019 9.4% -31.6% 664.4% 15.58%
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

Total Return Ranking - Trailing

Period NRIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -23.1% 4.3% 29.49%
1 Yr -8.6% -48.7% 325.4% 19.48%
3 Yr 2.3%* -38.1% 23.5% 4.11%
5 Yr N/A* -29.7% 18.0% N/A
10 Yr N/A* -12.4% 10.3% N/A

* Annualized

Total Return Ranking - Calendar

Period NRIGX Return Category Return Low Category Return High Rank in Category (%)
2019 9.4% -31.6% 664.4% 15.58%
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

NAV & Total Return History


Holdings

NRIGX - Holdings

Concentration Analysis

NRIGX Category Low Category High NRIGX % Rank
Net Assets 6.65 M 6.07 M 6.18 B 87.18%
Number of Holdings 24 24 133 96.15%
Net Assets in Top 10 3.99 M 2.93 M 3.13 B 92.31%
Weighting of Top 10 63.67% 40.3% 68.5% 7.69%

Top 10 Holdings

  1. Royal Dutch Shell PLC ADR Class B 9.87%
  2. BP PLC ADR 9.34%
  3. Williams Companies Inc 8.71%
  4. Occidental Petroleum Corp 7.90%
  5. Helmerich & Payne Inc 6.53%
  6. Schlumberger Ltd 4.82%
  7. Enbridge Inc 4.26%
  8. Gibson Energy Inc 4.25%
  9. Kinder Morgan Inc Class P 4.06%
  10. Dow Inc 3.93%

Asset Allocation

Weighting Return Low Return High NRIGX % Rank
Stocks
100.00% 71.66% 101.01% 21.79%
Preferred Stocks
0.00% 0.00% 1.85% 28.21%
Other
0.00% -4.75% 0.00% 24.36%
Convertible Bonds
0.00% 0.00% 0.00% 28.21%
Cash
0.00% -0.40% 28.34% 79.49%
Bonds
0.00% 0.00% 13.32% 35.90%

Stock Sector Breakdown

Weighting Return Low Return High NRIGX % Rank
Energy
84.20% 47.71% 100.00% 80.77%
Basic Materials
7.29% 0.00% 7.50% 8.97%
Industrials
3.32% 0.00% 9.65% 17.95%
Financial Services
3.21% 0.00% 3.21% 1.28%
Utilities
1.98% 0.00% 49.40% 24.36%
Technology
0.00% 0.00% 11.40% 46.15%
Real Estate
0.00% 0.00% 0.00% 28.21%
Healthcare
0.00% 0.00% 0.00% 28.21%
Communication Services
0.00% 0.00% 0.00% 28.21%
Consumer Defense
0.00% 0.00% 0.00% 28.21%
Consumer Cyclical
0.00% 0.00% 3.69% 35.90%

Stock Geographic Breakdown

Weighting Return Low Return High NRIGX % Rank
US
59.85% 38.14% 100.40% 71.79%
Non US
40.15% 0.00% 61.09% 26.92%

Expenses

NRIGX - Expenses

Operational Fees

NRIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.46% 0.10% 4.80% 18.18%
Management Fee 0.75% 0.09% 1.50% 34.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 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 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.

NRIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.37% 7.00% 248.00% 60.00%

Distributions

NRIGX - Distributions

Dividend Yield Analysis

NRIGX Category Low Category High NRIGX % Rank
Dividend Yield 1.28% 0.00% 11.05% 5.13%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NRIGX Category Low Category High NRIGX % Rank
Net Income Ratio 4.70% -1.61% 4.70% 1.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NRIGX - Fund Manager Analysis

Managers

Michael Morey


Start Date

Tenure

Tenure Rank

May 02, 2016

3.75

3.8%

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.

Trey Welstad


Start Date

Tenure

Tenure Rank

May 02, 2016

3.75

3.8%

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 Radke


Start Date

Tenure

Tenure Rank

May 02, 2016

3.75

3.8%

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

May 02, 2016

3.75

3.8%

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 Category High Category Average Category Mode
0.04 21.85 6.14 5.99