Maine Municipal Fund Class I (MEIMX)
| Fund Assets | 6.83M |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 18.05% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.23% |
| Dividend Growth | 3.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.50 |
| YTD Return | 1.24% |
| 1-Year Return | 4.58% |
| 5-Year Return | -0.91% |
| 52-Week Low | 8.58 |
| 52-Week High | 9.52 |
| Beta (5Y) | 0.25 |
| Holdings | 19 |
| Inception Date | Nov 1, 2017 |
About MEIMX
Maine Municipal Fund Class I is an open-end mutual fund focused on tax-exempt fixed income. Its primary objective is to provide current income that is exempt from federal and Maine personal income taxes, including the federal alternative minimum tax, by investing predominantly in municipal securities issued within the state and related authorities. The fund normally allocates at least 80% of net assets to such tax-exempt municipal bonds and may invest up to 30% in U.S. territorial obligations whose interest is similarly exempt from federal and Maine taxation. Classified within the single-state intermediate municipal category, the portfolio is non-diversified and typically holds a concentrated set of Maine-oriented credits, reflecting targeted exposure to the state and its public infrastructure financing needs. Managed under the IntegrityVikingFunds family, the strategy distributes income on a monthly schedule, aligning with investors seeking consistent tax-advantaged cash flows. With a long-term role as a tool for state-specific tax efficiency, the fund contributes to municipal market financing across sectors such as general obligation, essential services, and revenue-backed projects that support local governments and public enterprises in Maine.
Performance
MEIMX had a total return of 4.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.70%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MEMUX | Class A | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02685 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02647 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02512 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02569 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02418 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02456 | Sep 2, 2025 |