Morningstar

Viking Tax-Free Fund for North Dakota Class I VNDIX

Morningstar Medalist Rating
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Medalist Rating as of See Integrity Investment Hub
  • NAV / 1-Day Return $8.35  /  0.00
  • Fund Size $18.0M
  • Adjusted Expense Ratio 0.730%
  • Net Expense Ratio 0.730%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Muni Single State Interm
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.52%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis VNDIX

Will VNDIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VNDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VNDIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VNDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Viking Tax-Free Fund for North Dakota I holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings VNDIX

More VNDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CASS CNTY N D HEALTH FACS REV 4.25%

7.34 1M
municipal

NORTH DAKOTA ST HSG FIN AGY 4.65%

5.89 1M
municipal

NORTH DAKOTA ST HSG FIN AGY 4.65%

5.75 1M
municipal

CASS RURAL WTR USERS DIST N D 4.625%

4.84 851,433
municipal

GRAND FORKS N D 5%

4.78 839,985
municipal

WEST FARGO N D 4%

4.77 838,781
municipal

CASS RURAL WTR USERS DIST N D REV 4.17%

4.72 829,955
municipal

FARGO N D PK DIST 5%

4.64 816,135
municipal

NORTH DAKOTA ST BRD HIGHER ED HSG & AUXILIARY FACS REV 5%

4.41 774,780
municipal

WILLISTON N D PKS & REC DIST SALES TAX REV 4.5%

4.37 767,692
municipal

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