Integrity Mid-North American Resources Fund Class A
ICPAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PO Box 500 Minot ND United States of America 58702-0500
- IPO Date
- Apr 6, 1999
- CIK
- 0000893730
- Website
- integrityvikingfunds.com
- Similar Companies
- Business
- Integrity Mid-North American Resources Fund Class A (ICPAX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of domestic and foreign issuers engaged in natural resources-related activities, with a primary focus on mid-North American markets including the United States and Canada; the fund emphasizes sectors such as energy (approximately 71%), utilities (14%), industrials (8%), and technology (5%), holding positions in companies like Baker Hughes, Entergy Corp, Cheniere Energy, Exxon Mobil, and NRG Energy. Operated within the Integrity Viking Funds family, the fund features a total annual operating expense ratio of 1.50%, including 0.50% management fees, 0.50% distribution and service (12b-1) fees, and 0.50% other expenses, and is subject to a front-end sales charge ranging from 5.00% for investments under $50,000 to 0.00% above $1 million, with potential contingent deferred sales charges on larger redemptions. Launched in April 1999 and previously known as the Williston Basin/Mid-North America Stock Fund, the fund underwent a name change effective November 28, 2019, to better reflect its focus on mid-North American resources; in January 2020, Integrity Viking Funds completed the acquisition of two M.D. Sass mutual funds, expanding its product suite, though no direct changes to ICPAX were reported. Integrity Viking Funds, the adviser headquartered in Minot, North Dakota, was founded in 1987 and manages approximately $700 million in assets across its family of funds targeting income strategies and resource investments; the fund is managed by Shannon Radke since February 2010 and Michael Morey since May 2013, with net assets of about $146.50 million for ICPAX as of recent data.