INTEGRITY DIVIDEND SUMMIT FUND
Schedule of Investments – October 31, 2024 (unaudited)
Fair | ||||
Shares |
| Value | ||
COMMON STOCKS (97.5%) | ||||
Communication Services (13.8%) | ||||
AT&T Inc | 19,000 | $ | 428,260 | |
BCE Inc | 6,000 | 193,560 | ||
Verizon Communications Inc | 12,000 | 505,560 | ||
| 1,127,380 | |||
Consumer Discretionary (6.3%) | ||||
Best Buy Co Inc | 2,000 | 180,860 | ||
Whirlpool Corp | 1,000 | 103,510 | ||
Restaurant Brands International Inc | 2,000 | 139,100 | ||
Wendy's Co/The | 5,000 | 95,550 | ||
| 519,020 | |||
Consumer Staples (10.0%) | ||||
British American Tobacco PLC ADR | 6,500 | 227,370 | ||
Philip Morris International Inc | 2,000 | 265,400 | ||
Walgreens Boots Alliance Inc | 4,300 | 40,678 | ||
Altria Group Inc | 5,250 | 285,915 | ||
| 819,363 | |||
Energy (19.5%) | ||||
Oasis Petroleum Inc | 400 | 50,040 | ||
Pembina Pipeline Corp | 1,400 | 58,506 | ||
Civitas Resources Inc | 3,000 | 146,370 | ||
Enbridge Inc | 4,500 | 181,800 | ||
Permian Resources Corp | 11,000 | 149,930 | ||
Petroleo Brasileiro SA ADR | 10,000 | 134,500 | ||
South Bow Corp | 2,400 | 59,904 | ||
TransCanada Corp | 12,000 | 558,120 | ||
Dorian LPG Ltd | 9,000 | 259,650 | ||
| 1,598,820 | |||
Financials (12.4%) | ||||
Citizens Financial Group Inc | 3,000 | 126,360 | ||
PNC Financial Services Group Inc/The | 600 | 112,962 | ||
Prudential Financial Inc | 500 | 61,240 | ||
US Bancorp | 5,340 | 257,975 | ||
CME Group Inc | 1,400 | 315,504 | ||
T Rowe Price Group Inc | 600 | 65,916 | ||
Regions Financial Corp | 3,000 | 71,610 | ||
| 1,011,567 | |||
Health Care (10.8%) | ||||
Bristol Myers Squibb Co | 8,700 | 485,199 | ||
Pfizer Inc | 14,000 | 396,200 | ||
| 881,399 | |||
Industrials (1.7%) | ||||
United Parcel Service Inc | 1,000 | 134,060 | ||
| 134,060 | |||
Information Technology (3.0%) | ||||
International Business Machines Corp | 200 | 41,344 | ||
Seagate Technology PLC | 2,000 | 200,740 | ||
| 242,084 | |||
Materials (7.9%) | ||||
BHP Group Ltd ADR | 1,000 | 55,460 | ||
Dow Inc | 3,000 | 148,140 | ||
Rio Tinto PLC ADR | 3,400 | 220,626 | ||
Nutrien Ltd | 2,000 | 95,360 | ||
LyondellBasell Industries NV | 1,500 | 130,275 | ||
| 649,861 | |||
Utilities (12.1%) | ||||
Portland General Electric Co | 4,000 | 189,600 | ||
AES Corp/The | 8,000 | 131,920 | ||
Dominion Resources Inc/VA | 700 | 41,671 | ||
Duke Energy Corp | 300 | 34,581 | ||
Entergy Corp | 600 | 92,868 | ||
Eversource Energy | 4,000 | 263,400 | ||
Exelon Corp | 2,000 | 78,600 | ||
Xcel Energy Inc | 2,400 | 160,344 | ||
| 992,984 | |||
TOTAL COMMON STOCKS (COST: $7,589,939) | $ | 7,976,538 | ||
OTHER ASSETS LESS LIABILITIES (2.5%) | $ | 208,350 | ||
NET ASSETS (100.0%) | $ | 8,184,888 | ||
PLC - Public Limited Company | ||||
ADR - American Depositary Receipt | ||||
NOTE: INVESTMENT IN SECURITIES (unaudited) | |||
At October 31, 2024 the net unrealized appreciation (depreciation) based on the cost of investments for federal income tax purposes was as follows: | |||
| |||
Integrity Dividend Summit Fund | |||
Investments at cost | $7,589,939 | ||
Unrealized appreciation | 606,931 | ||
Unrealized depreciation | (220,332) | ||
Net unrealized appreciation (depreciation)* | 386,599 | ||
*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, 2024: | ||||
Integrity Dividend Summit Fund | ||||
| Level 1 | Level 2 | Level 3 | Total |
Common Stocks | $7,976,538 | $0 | $0 | $7,976,538 |
Total | $7,976,538 | $0 | $0 | $7,976,538 |
