Integrity Short Term Government Fund (MDSAX)

The Fund seeks to achieve a high and stable rate of total return, when and as opportunities are available in the context of preserving capital in adverse markets.
Management Team
Lipkee Lu; Steve Clancy; Nancy J. Persoons
Inception Date
Current NAV
$8.32 (as of 12/01/2023)
Distribution Rate
2.49% (without sales charge as of 9/30/2023)
Effective Rate
2.52% (without sales charge as of 9/30/2023)
Morningstar Rating

NAV History

Current NAV Change $ Change % POP
12/01/2023 8.32 0.06 0.73 8.49

Total Returns

As of: 9/30/2023

Year To Date One Year Three Years Since Inception
A Shares 0.77 1.87 -2.56 -1.46
With sales charge -1.30 -0.12 -3.22 -2.00

As of: 10/31/2023

Year To Date One Year Three Years Since Inception
A Shares 0.78 2.94 -2.52 -1.43
With sales charge -1.29 0.90 -3.19 -1.96

30 Day SEC Yield (as of 9/30/2023)

1.982% (subsidized) 1.645% (unsubsidized)

Dividend Rates (Past Year)

Reinvest Date Dividend STCG LTCG Return of Capital
11/28/2023 0.026487 0.000000 0.000000 0.000000
10/27/2023 0.010243 0.000000 0.000000 0.000000
9/27/2023 0.011204 0.000000 0.000000 0.000000
8/29/2023 0.039671 0.000000 0.000000 0.000000
6/28/2023 0.012351 0.000000 0.000000 0.000000

Operating Expenses (as of 06/30/2023)

Management Fees 0.30%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses 0.63%
Acquired Fund Fees and Expenses 0.01%
Total Annual Fund Operating Expenses 1.19%
Fee Waivers and Expense Reimbursements -0.38%
Total Annual Fund Operating Expenses (After Fee Waivers and Expense Reimbursements) 0.81%

Sales Charge Breakpoints

Investment Amount $ Sales Charge as % of POP Dealer Comm. as % of POP
0+ 2.00 1.50
50,000+ 1.75 1.50
100,000+ 1.50 1.25
200,000+ 0.00 0.40

Investments made at or above the $200,000 breakpoint may be subject to a 0.40% CDSC on shares redeemed within 24 months of purchase.

The mutual funds referred to in this website are offered by Prospectus only. For more complete information an investor should consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. You may obtain a prospectus and summary prospectuses at no cost from your financial adviser. Please read the prospectus carefully before investing.

Morningstar Ratings: For each fund with at least a 3-year history, Morningstar calculates a risk-adjusted return measure that accounts for variation in a fund's monthly performance (excluding sales charges and including fees and expenses versus all funds in the Morningstar category), placing more emphasis on downward variations and rewarding consistent performance. These ratings change monthly. The top 10% of funds in each category receive a Morningstar Rating™ of 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund and rated separately.) Past performance does not guarantee future results. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.