Viking Tax-Free Fund for North Dakota Class I (VNDIX)
| Fund Assets | 19.03M |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 23.04% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 3.01% |
| Dividend Growth | -0.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.78 |
| YTD Return | 0.09% |
| 1-Year Return | 4.28% |
| 5-Year Return | -2.61% |
| 52-Week Low | 8.24 |
| 52-Week High | 8.95 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Aug 1, 2016 |
About VNDIX
Viking Tax-Free Fund for North Dakota Class I is a municipal bond mutual fund designed to provide tax-advantaged income for North Dakota residents. Its primary objective is to deliver a high level of current income that is exempt from federal and North Dakota personal income taxes while maintaining capital preservation as a core priority. The portfolio invests predominantly in municipal securities, with a focused roster of holdings and monthly income distributions that reflect its income-oriented mandate. The fund targets investment-grade credits tied to state and local issuers and essential-service projects, aligning its strategy with the needs of investors seeking stable, tax-exempt cash flows. With an expense ratio structured for Class I shares and a relatively low minimum investment, it is positioned for cost-conscious investors who value tax efficiency and predictable payouts. Within the broader fixed income market, the fund plays a niche role by concentrating on North Dakota tax-exempt munis, offering specialized exposure that complements diversified bond allocations and can help manage after-tax income objectives.
Performance
VNDIX had a total return of 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.95%.
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 |
|---|---|---|
| VNDFX | , Class A | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.025 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02301 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02572 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0253 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0248 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0239 | Nov 3, 2025 |