Aside from the overall view, portfolio managers at Integrity have made a notable effort to align their interests with shareholders' by taking a personal stake and investing alongside them. Nearly 36% of the firm’s assets are represented by a manager who invests in their respective product. The Integrity portfolio management team has lacked continuity over the past five years, denoted by elevated levels of turnover, which bears watching. The firm charges fees on its open-end and exchange-traded funds that are on par with category peers. On average, fees on its funds are within the middle quintile, giving it neither an advantage nor disadvantage compared with the competition.
Morningstar’s Editorial Policies
A look at the standards that our editorial staff follows.