Integrity Short Term Government A (MDSAX)
| Fund Assets | 32.64M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000 |
| Turnover | 57.27% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.41% |
| Dividend Growth | 0.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 27, 2025 |
| Previous Close | 8.87 |
| YTD Return | 3.86% |
| 1-Year Return | 3.27% |
| 5-Year Return | 6.26% |
| 52-Week Low | 8.52 |
| 52-Week High | 8.88 |
| Beta (5Y) | n/a |
| Holdings | 158 |
| Inception Date | Jan 21, 2020 |
About MDSAX
Integrity Short Term Government Fund Class A is an actively managed open‑end mutual fund focused on short‑duration U.S. government securities. Its primary objective is to deliver a high and stable total return while emphasizing capital preservation, positioning the portfolio within the short government category to limit interest‑rate sensitivity. The fund primarily invests in obligations backed by the U.S. government or its agencies and instrumentalities, with notable exposure to securitized mortgage‑backed securities issued by entities such as the Government National Mortgage Association, Federal National Mortgage Association, and Federal Home Loan Mortgage Corporation. This structure targets defensive fixed income characteristics—seeking steady income and lower volatility relative to longer‑duration strategies—while offering daily liquidity for investors allocating to core bond sleeves or cash‑plus segments. The share class carries a front‑load structure and charges ongoing operating expenses typical for its category. By concentrating on high‑quality, short‑maturity government and agency exposures, Integrity Short Term Government Fund Class A plays a role as a conservative building block within diversified portfolios, helping manage duration risk and providing a potential ballast during periods of equity market stress.
Performance
MDSAX had a total return of 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MDSIX | Class I | 0.55% |
Top 10 Holdings
31.98% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Note/Bond | T.4.625 06.30.26 | 17.10% |
| United States Treasury Note/Bond | n/a | 3.50% |
| United States Treasury Note/Bond | T.4.125 02.28.27 | 1.85% |
| Freddie Mac REMICS | FHR.5420 KB | 1.43% |
| Ginnie Mae II Pool | G2.MB0249 | 1.41% |
| Ginnie Mae II Pool | G2.MB0194 | 1.40% |
| Fannie Mae Pool | FN.FS4041 | 1.36% |
| Government National Mortgage Association | n/a | 1.34% |
| Freddie Mac Pool | FR.SD3846 | 1.30% |
| Freddie Mac Pool | FR.QF7098 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 27, 2025 | $0.02479 | Aug 28, 2025 |
| Jul 29, 2025 | $0.02112 | Jul 30, 2025 |
| Jun 26, 2025 | $0.02474 | Jun 27, 2025 |
| May 28, 2025 | $0.02375 | May 29, 2025 |
| Apr 28, 2025 | $0.02241 | Apr 29, 2025 |
| Mar 27, 2025 | $0.02053 | Mar 28, 2025 |