About NEITX
Nebraska Municipal Fund Class I is an open-end mutual fund focused on tax-exempt fixed income. Its primary objective is to deliver a high level of current income that is exempt from both federal income tax and Nebraska personal income tax, while maintaining capital preservation. The portfolio normally invests at least 80% of assets in municipal securities that generate interest free from federal taxes, including the alternative minimum tax, and Nebraska income taxes, aligning with its single-state mandate. The strategy concentrates on investment-grade municipal bonds, with exposure across essential-service revenue bonds and general obligation issues that finance public power, education, housing, transportation, and local infrastructure within the state. Distributions are paid monthly, reflecting the fund’s income-oriented design. As an institutional share class, it typically carries no sales charge and targets qualified investors, pairing a moderate expense ratio with a research-driven approach to credit selection and interest-rate management. By channeling capital to Nebraska municipalities and related issuers, Nebraska Municipal Fund Class I plays a role in funding public projects while providing tax-advantaged income within the U.S. municipal bond market.
Fund Family Integrity Viking Funds
Category Muni Single State Interm
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NEITX
Share Class Class I
Index Bloomberg Municipal Bond TR
NEITX had a total return of -1.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.51%.
