About IHFIX
Integrity High Income Fund Class I is a mutual fund managed by IntegrityVikingFunds, categorized as a high yield bond fund. Its primary objective is to deliver a high level of current income, with capital appreciation as a secondary goal, through investments primarily in low-quality, high-risk, high-yield corporate debt obligations of U.S. issuers. Under normal circumstances, at least 80% of the fund's net assets are allocated to these high yield bonds, focusing on capital preservation and appreciation within this segment. Notable features include significant exposure to sectors like retail and communications, with top holdings such as various Rite Aid Corporation bonds and equity, alongside positions in Intelsat and Claire's Stores, reflecting a concentrated portfolio strategy in distressed or speculative debt. Managed by experienced professionals Robert Cook, CFA®, and Thomas Hauser, CFA®, the fund plays a role in the fixed-income market by offering income-oriented investors access to higher-yielding, riskier opportunities amid broader bond portfolios, with assets under management around $46 million.
Fund Family IntegrityVikingFunds
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol IHFIX
Share Class , Class I
Index Bloomberg U.S. Corporate High Yield TR
IHFIX had a total return of 7.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.01%.
