MDSIX Fees and Costs — Integrity Short Term Government Fund, Class I
Data updated: 2026-10-13
The net expense ratio is 0.55%: a 0.30% management fee plus 0.54% other expenses, less a 0.29% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 113%.
MDSIX Fees and Expenses
Annual operating expenses and sales charges of MDSIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.54% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
MDSIX Costs Over Time
On $10,000 invested in MDSIX, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% 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 0.55%) | $58 | $181 | $315 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
MDSIX 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): $65.8M
- Portfolio turnover (prospectus): 113%
MDSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $12.5M | 21.86% |
| BOFA SECURITIES, INC | $11.9M | 20.78% |
| PERSHING LLC | $9.7M | 17.01% |
| MORGAN STANLEY & CO. LLC | $7.3M | 12.82% |
| J.P. MORGAN SECURITIES LLC | $3.6M | 6.36% |
| STONEX FINANCIAL INC. | $3.5M | 6.19% |
| BOK FINANCIAL SECURITIES, INC. | $2.5M | 4.43% |
| WELLS FARGO SECURITES, LLC | $2.1M | 3.71% |
| GOLDMAN SACHS & CO. LLC | $2.1M | 3.71% |
| PNC WEALTH MANAGEMENT LLC | $1.8M | 3.13% |
Integrity Short Term Government Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MDSIX | Class I | 0.55% | none |
| MDSAX | Class A | 0.80% | 2.00% |
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.