INTEGRITY DIVIDEND HARVEST FUND | ||||
Schedule of Investments October 31, 2022 (unaudited) | ||||
Fair | ||||
Shares |
| Value | ||
COMMON STOCKS (94.9%) | ||||
Communication Services (6.2%) | ||||
AT&T Inc | 140,000 | 2,552,200 | ||
BCE Inc | 115,000 | 5,186,500 | ||
Verizon Communications Inc | 240,000 | 8,968,800 | ||
| 16,707,500 | |||
Consumer Discretionary (4.8%) | ||||
Genuine Parts Co | 16,500 | 2,934,690 | ||
Home Depot Inc/The | 9,000 | 2,665,170 | ||
McDonald's Corp | 9,000 | 2,453,940 | ||
Whirlpool Corp | 21,000 | 2,903,040 | ||
Target Corp | 13,000 | 2,135,250 | ||
| 13,092,090 | |||
Consumer Staples (14.2%) | ||||
British American Tobacco PLC ADR | 115,000 | 4,556,300 | ||
Coca Cola Co/The | 113,000 | 6,763,050 | ||
Kimberly Clark Corp | 59,000 | 7,343,140 | ||
PepsiCo Inc | 40,000 | 7,263,200 | ||
Philip Morris International Inc | 62,000 | 5,694,700 | ||
Procter & Gamble Co/The | 24,000 | 3,232,080 | ||
Altria Group Inc | 80,000 | 3,701,600 | ||
| 38,554,070 | |||
Energy (10.6%) | ||||
Coterra EnerCoterra Energy Inc | 182,000 | 5,665,660 | ||
Pioneer Natural Resources Co | 8,000 | 2,051,280 | ||
Diamondback Energy Inc | 37,000 | 5,813,070 | ||
Enbridge Inc | 152,000 | 5,920,400 | ||
Exxon Mobil Corp | 83,000 | 9,197,230 | ||
| 28,647,640 | |||
Financials (13.7%) | ||||
Allstate Corp/The | 30,000 | 3,787,500 | ||
Morgan Stanley | 60,000 | 4,930,200 | ||
Old Republic International Corp | 110,000 | 2,553,100 | ||
Prudential Financial Inc | 26,000 | 2,734,940 | ||
US Bancorp | 100,000 | 4,245,000 | ||
BlackRock Inc | 9,000 | 5,813,190 | ||
JPMorgan Chase & Co | 78,000 | 9,818,640 | ||
Truist Financial Corp | 73,000 | 3,269,670 | ||
| 37,152,240 | |||
Health Care (13.9%) | ||||
Johnson & Johnson | 30,000 | 5,219,100 | ||
Pfizer Inc | 154,000 | 7,168,700 | ||
AbbVie Inc | 121,000 | 17,714,400 | ||
Merck & Co Inc | 76,000 | 7,691,200 | ||
| 37,793,400 | |||
Industrials (4.8%) | ||||
Caterpillar Inc | 24,000 | 5,195,040 | ||
Illinois Tool Works Inc | 14,000 | 2,989,420 | ||
Lockheed Martin Corp | 5,700 | 2,774,076 | ||
3M Co | 17,000 | 2,138,430 | ||
| 13,096,966 | |||
Information Technology (12.8%) | ||||
Intel Corp | 100,000 | 2,843,000 | ||
International Business Machines Corp | 19,000 | 2,627,510 | ||
QUALCOMM Inc | 37,000 | 4,353,420 | ||
Texas Instruments Inc | 32,000 | 5,140,160 | ||
Broadcom Inc | 35,500 | 16,689,260 | ||
Cisco Systems Inc | 66,000 | 2,998,380 | ||
| 34,651,730 | |||
Materials (2.0%) |
|
| ||
Air Products & Chemicals Inc | 10,000 | 2,504,000 | ||
LyondellBasell Industries NV | 39,000 |
| 2,981,550 | |
| 5,485,550 | |||
Utilities (11.9%) | ||||
American Electric Power Co Inc | 77,000 | 6,769,840 | ||
AES Corp/The | 160,000 | 4,185,600 | ||
Dominion Resources Inc/VA | 75,000 | 5,247,750 | ||
Duke Energy Corp | 44,000 | 4,099,920 | ||
Entergy Corp | 51,000 | 5,464,140 | ||
NextEra Energy Inc | 85,000 | 6,587,500 | ||
| 32,354,750 | |||
TOTAL COMMON STOCKS (COST: $235,074,333) | $ | 257,535,936 | ||
OTHER ASSETS LESS LIABILITIES (5.1%) | $ | 13,964,006 | ||
NET ASSETS (100.0%) | $ | 271,499,942 | ||
PLC - Public Limited Company | ||||
ADR - American Depositary Receipt |
NOTE: INVESTMENT IN SECURITIES (unaudited) | |||
At October 31, 2022, the net unrealized appreciation (depreciation) based on the cost of investments for federal income tax purposes was as follows: | |||
Integrity Dividend Harvest Fund | |||
Investments at cost | $235,074,333 | ||
Unrealized appreciation | $32,605,371 | ||
Unrealized depreciation | ($10,143,768) | ||
Net unrealized appreciation (depreciation)* | $22,461,603 | ||
*Differences between financial reporting-basis and tax-basis unrealized appreciation/(depreciation) are due to differing treatment of wash sales and market discount. |
NOTE: FAIR VALUE MEASUREMENTS (unaudited) | ||||
Various inputs are used in determining the value of the Funds' investments. These inputs are summarized in three broad levels: Level 1 inputs are based on quoted prices in active markets for identical securities. Level 2 inputs are based on significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) Level 3 inputs are based on significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments.) The following is a summary of the inputs used to value the Funds’ investments as of October 31, 2022: | ||||
Integrity Dividend Harvest Fund | ||||
| Level 1 | Level 2 | Level 3 | Total |
Common Stocks | 257,535,936 | 0 | 0 | 257,535,936 |
Total | $257,535,936 | $0 | $0 | $257,535,936 |