Integrity Growth & Income Fund Class I (IGIVX)
| Fund Assets | 103.55M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000 |
| Turnover | 6.22% |
| Dividend (ttm) | 2.55 |
| Dividend Yield | 2.37% |
| Dividend Growth | 22.91% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 107.49 |
| YTD Return | 8.80% |
| 1-Year Return | 7.30% |
| 5-Year Return | 95.85% |
| 52-Week Low | 85.47 |
| 52-Week High | 108.42 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Aug 1, 2016 |
About IGIVX
Integrity Growth & Income Fund Class I is an institutional mutual fund designed to achieve long-term capital growth, with dividend income serving as a secondary objective. The fund primarily invests in large-cap U.S. equities, employing a "large blend" investment style that balances growth and value-oriented companies. Notably, its portfolio features a significant allocation to leading technology and financial services firms, including substantial positions in companies such as NVIDIA, Apple, Visa, and Mastercard. This focus supports exposure to sectors driving innovation and economic growth. The fund maintains a relatively concentrated portfolio, with the top ten holdings comprising over 40% of assets, highlighting its selective investment approach. With an annualized operating expense ratio of 0.99% after fee waivers, the fund seeks to combine disciplined risk management and sector diversification for institutional investors. Integrity Growth & Income Fund Class I plays a role for investors seeking equity growth while also benefiting from periodic income distributions, situating it as a core component within diversified portfolios seeking a balanced exposure to both capital appreciation and income potential.
Performance
IGIVX had a total return of 7.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
42.45% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.31% |
| Visa Inc. | V | 5.35% |
| Apple Inc. | AAPL | 4.61% |
| KLA Corporation | KLAC | 4.35% |
| Trane Technologies plc | TT | 4.35% |
| Mastercard Incorporated | MA | 3.96% |
| Intuit Inc. | INTU | 3.24% |
| Waste Management, Inc. | WM | 3.13% |
| Air Products and Chemicals, Inc. | APD | 3.08% |
| QUALCOMM Incorporated | QCOM | 3.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $2.54554 | Dec 30, 2024 |
| Dec 27, 2023 | $2.07114 | Dec 28, 2023 |
| Dec 28, 2022 | $1.06881 | Dec 29, 2022 |
| Dec 29, 2021 | $0.27581 | Dec 30, 2021 |
| Dec 29, 2020 | $0.58552 | Dec 30, 2020 |
| Dec 27, 2019 | $5.70593 | Dec 30, 2019 |