INTEGRITY GROWTH & INCOME FUND | ||||
Schedule of Investments April 30, 2023 (unaudited) | ||||
Fair | ||||
Shares |
| Value | ||
COMMON STOCKS (94.9%) | ||||
Communication Services (4.5%) | ||||
AT&T Inc | 65,000 | $ | 1,148,550 | |
*Walt Disney Co/The | 22,000 | 2,255,000 | ||
| 3,403,550 | |||
Consumer Discretionary (12.3%) | ||||
Home Depot Inc/The | 6,000 | 1,803,240 | ||
Lowe's Cos Inc | 10,000 | 2,078,300 | ||
Starbucks Corp | 22,000 | 2,514,380 | ||
Target Corp | 18,000 | 2,839,500 | ||
| 9,235,420 | |||
Consumer Staples (5.5%) | ||||
Kimberly Clark Corp | 14,000 | 2,028,460 | ||
PepsiCo Inc | 11,000 | 2,099,790 | ||
| 4,128,250 | |||
Financials (9.5%) | ||||
Bank of America Corp | 30,000 | 878,400 | ||
BlackRock Inc | 3,000 | 2,013,600 | ||
JPMorgan Chase & Co | 12,000 | 1,658,880 | ||
PNC Financial Services Group Inc/The | 6,000 | 781,500 | ||
S&P Global Inc | 5,000 | 1,812,900 | ||
| 7,145,280 | |||
Health Care (8.6%) | ||||
*Edwards Lifesciences Corp | 20,000 | 1,759,600 | ||
Thermo Fisher Scientific Inc | 5,000 | 2,774,500 | ||
UnitedHealth Group Inc | 4,000 | 1,968,360 | ||
| 6,502,460 | |||
Industrials (12.1%) | ||||
Caterpillar Inc | 4,500 | 984,600 | ||
Deere & Co | 4,000 | 1,512,080 | ||
FedEx Corp | 7,000 | 1,594,460 | ||
3M Co | 8,000 | 849,760 | ||
Waste Management Inc | 13,000 | 2,158,650 | ||
Trane Technologies plc | 11,000 | 2,043,910 | ||
| 9,143,460 | |||
Information Technology (38.1%) | ||||
*Advanced Micro Devices Inc | 17,000 | 1,519,290 | ||
Apple Inc | 20,000 | 3,393,600 | ||
Cisco Systems Inc | 35,000 | 1,653,750 | ||
Intel Corp | 40,000 | 1,242,400 | ||
Intuit Inc | 5,000 | 2,219,750 | ||
KLA Tencor Corp | 6,000 | 2,319,240 | ||
Lam Research Corp | 4,000 | 2,096,320 | ||
Mastercard Inc | 7,000 | 2,660,210 | ||
Microsoft Corp | 6,000 | 1,843,560 | ||
NVIDIA Corp | 14,000 | 3,884,860 | ||
QUALCOMM Inc | 20,000 | 2,336,000 | ||
Visa Inc | 15,000 | 3,490,950 | ||
| 28,659,930 | |||
Materials (3.1%) | ||||
Air Products & Chemicals Inc | 8,000 |
| 2,354,880 | |
Utilities (1.2%) | ||||
Exelon Corp | 21,000 |
| 891,240 | |
TOTAL COMMON STOCKS (COST: $47,445,414) | $ | 71,464,470 | ||
SHORT-TERM INVESTMENTS (5.0%) | ||||
Morgan Stanley Institutional Liquidity Fund, 4.78% (a) | 3,769,963 |
| 3,769,963 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $3,769,963) | $ | 3,769,963 | ||
TOTAL INVESTMENTS (Cost $51,215,377) (99.9%) | 75,234,433 | |||
OTHER ASSETS LESS LIABILITIES (0.1%) | $ | 65,994 | ||
NET ASSETS (100.0%) | $ | 75,300,427 | ||
*Non-income producing | ||||
PLC - Public Limited Company | ||||
(a) Seven day yield as of April 30, 2023 |
NOTE: INVESTMENT IN SECURITIES (unaudited) | |||
At April 30, 2023, the net unrealized appreciation (depreciation) based on the cost of investments for federal income tax purposes was as follows: | |||
Integrity Growth & Income Fund | |||
Investments at cost | $51,215,377 | ||
Unrealized appreciation | 26,481,514 | ||
Unrealized depreciation | (2,462,458) | ||
Net unrealized appreciation (depreciation)* | $24,019,056 | ||
*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 April 30, 2023: | ||||
Integrity Growth & Income Fund | ||||
| Level 1 | Level 2 | Level 3 | Total |
Common Stocks | $71,464,470 | $0 | $0 | $71,464,470 |
Short-Term Investments | 3,769,963 | 0 | 0 | 3,769,963 |
Total | $75,234,433 | $0 | $0 | $75,234,433 |