IHFIX Fees and Costs — Integrity High Income Fund, Class I
Data updated: 2026-10-13
The net expense ratio is 0.84%: a 0.85% management fee plus 0.56% other expenses, less a 0.57% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 28%.
IHFIX Fees and Expenses
Annual operating expenses and sales charges of IHFIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.41% |
| Fee waiver | −0.57% |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
IHFIX Costs Over Time
On $10,000 invested in IHFIX, assuming 5% a year before costs, total costs come to $527 over 5 years, cutting the return by 0.88% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.84%) | $88 | $276 | $479 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $289 | $527 |
| Value after costs | $10,412 | $11,287 | $12,236 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
IHFIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $17.2M
- Portfolio turnover (prospectus): 28%
IHFIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC | $2.7M | 20.10% |
| GOLDMAN SACHS & CO. LLC | $2.2M | 16.16% |
| CITIGROUP GLOBAL MARKETS INC. | $1.8M | 12.95% |
| BARCLAYS CAPITAL INC. | $1.5M | 11.00% |
| MORGAN STANLEY & CO. LLC | $1.3M | 9.74% |
| WELLS FARGO SECURITES, LLC | $1.2M | 9.03% |
| RBC CAPITAL MARKETS, LLC | $1.0M | 7.70% |
| JANE STREET EXECUTION SERVICES LLC | $644K | 4.74% |
| SMBC NIKKO SECURITIES AMERICA, INC | $639K | 4.70% |
| JEFFERIES LLC | $525K | 3.87% |
Integrity High Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IHFIX | Class I | 0.84% | none |
| IHFAX | Class A | 1.09% | 4.25% |
| IHFCX | Class C | 1.84% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.