Integrity Dividend Summit I (IPAYX)
| Fund Assets | 13.21M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 43.05% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 6.55% |
| Dividend Growth | 25.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 12.43 |
| YTD Return | 15.09% |
| 1-Year Return | 21.96% |
| 5-Year Return | n/a |
| 52-Week Low | 9.65 |
| 52-Week High | 12.56 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | n/a |
About IPAYX
The Integrity Dividend Summit Fund is an open-end equity mutual fund focused on generating qualified dividend income, while targeting long-term capital appreciation as a secondary objective. Managed by Viking Fund Management, LLC, the fund primarily invests in dividend-paying stocks of large-cap companies across diverse sectors. Its strategy mandates that at least 80% of its net assets, plus any borrowings for investment purposes, are allocated to dividend-paying equity securities, such as common and preferred stocks. Notably, the fund further requires that a minimum of 65% of its assets be invested in equities delivering a yield at least double that of the S&P 500’s current yield, emphasizing a strong income component. This non-diversified fund holds a concentrated portfolio—38 holdings as of the most recent data, with nearly half of assets allocated to its top ten positions. Launched in May 2023 and domiciled in the United States, the Integrity Dividend Summit Fund plays a distinctive role for investors seeking consistent income from equities, while maintaining exposure to sectors known for reliable dividend payments.
Performance
IPAYX had a total return of 21.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.82%.
Top 10 Holdings
46.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Verizon Communications Inc. | VZ | 6.07% |
| TC Energy Corporation | TRP | 5.74% |
| BHP Group Limited | BHP | 5.44% |
| Bristol-Myers Squibb Company | BMY | 4.83% |
| Rio Tinto Group | RIO | 4.79% |
| Noble Corporation plc | NE | 4.20% |
| The AES Corporation | AES | 3.97% |
| Prudential Financial, Inc. | PRU | 3.97% |
| Best Buy Co., Inc. | BBY | 3.92% |
| British American Tobacco p.l.c. | BTI | 3.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.07002 | Mar 30, 2026 |
| Feb 25, 2026 | $0.03851 | Feb 26, 2026 |
| Jan 28, 2026 | $0.08497 | Jan 29, 2026 |
| Dec 29, 2025 | $0.21626 | Dec 30, 2025 |
| Nov 25, 2025 | $0.04923 | Nov 26, 2025 |
| Oct 29, 2025 | $0.03268 | Oct 30, 2025 |