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Morningstar

Viking Tax-Free Fund for North Dakota I VNDIX

Morningstar Medalist Rating
Medalist Rating as of | See Integrity Investment Hub
  • NAV / 1-Day Return 9.03  /  +0.01 %
  • Total Assets 21.3 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.71%
  • Effective Duration —

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 9:41 PM GMT+0

Morningstar’s Analysis VNDIX

Will VNDIX outperform in 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.

Weakness in Viking Tax-Free Fund for North Dakota I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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 40.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CASS CNTY N D HEALTH FACS REV 4.25%

5.96 1.3 Mil
municipal

FARGO N D PK DIST 5%

5.34 1.1 Mil
municipal

GRAND FORKS N D 5%

4.99 1.1 Mil
municipal

NORTH DAKOTA ST HSG FIN AGY 4.65%

4.96 1.1 Mil
municipal

BISMARCK N D 5%

4.72 1.0 Mil
municipal

MANDAN N D PUB SCH DIST NO 1 3%

4.63 983,660
municipal

CASS RURAL WTR USERS DIST N D REV 4.17%

3.96 839,776
municipal

CASS CNTY N D HEALTH FACS REV 4.125%

2.83 600,539
municipal

FARGO N D 5%

2.58 547,610
municipal

NORTH DAKOTA ST BRD HIGHER ED HSG & AUXILIARY FACS REV 4%

2.44 517,042
municipal