NRIGX — Integrity Energized Dividend Fund
Data updated: 2021-06-28
NRIGX — Integrity Energized Dividend Fund. Commodity · $2.23M AUM · 0.80% expense ratio · 32.2% 1-yr return. Holdings, fees, performance and SEC filings.
NRIGX Fund Overview
NRIGX — Integrity Energized Dividend Fund is a US mutual fund managed by Integrity Funds, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Integrity Funds
- Category: Commodity
- Assets under management: $2.23M
- 1-year return: 32.2%
- Ticker: NRIGX
- SEC CIK: 0000893730
- SEC series ID: S000053730
- Share class ID: C000171909
NRIGX Investment Objective and Strategy
Integrity Energized Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Integrity Funds.
Investment objective
The Integrity Energized Dividend Fund (the Fund) seeks long-term appreciation while providing high current income.
Principal investment strategy
To pursue its objective, under normal conditions, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in dividend-paying equity securities. The principal type of equity security in which the Fund will invest is common stock. The Fund will normally invest at least 65% of its net assets in the equity securities of domestic and foreign issuers with business operations in or related to energy industries, including certain utilities and materials companies. In connection with investing in companies with business operations in or related to energy industries, the Fund may invest in companies that engage in hydraulic fracturing (which involves the injection of water, sand and chemicals under pressure into rock formations to stimulate oil or natural gas production).
The Fund's investments in the equity securities of foreign issuers are typically in the form of depositary receipts, such as American Depositary Receipts (ADRs). The Fund may invest in companies of any size. In selecting securities, the Fund's portfolio management team (Team) begins with a top down approach considering both U.S. and global economic factors, commodity prices and its outlook for specific industries. The Team then considers a combination of factors, including, but not limited to, dividend yield, dividend growth rate, earnings growth, price-to-earnings (P/E) multiples and balance sheet strength. The Team emphasizes dividend yield in selecting stocks for the Fund because the Team believes that, over time, dividend income can contribute significantly to total return and is a more consistent source of investment return than capital appreciation.
The Fund has a concentration in the energy sector -- meaning that at least 25% of the Fund's total assets will be invested (in the aggregate) in securities of issuers in one or more industries in the energy sector. For this purpose, the energy sector is defined to include the following industries: ? exploration and production; ? energy services; ? energy equipment; ? pipelines; and ? refiners. Portfolio weightings among these and other industries will be adjusted according to the Team's outlook for each industry. The Team may consider selling a security if, among other considerations, its business fundamentals have deteriorated, it no longer pays a dividend, or a more attractive investment opportunity is identified. The Fund is non-diversified, meaning that it can concentrate its investments in a more limited number of issuers than a diversified fund.
NRIGX Performance
Total returns for NRIGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 32.2% |
NRIGX Risk Information
Risk metrics for NRIGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 30.4%
NRIGX Costs and Fees
NRIGX costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 2.61%
- Portfolio turnover: 49%
- Brokerage commissions: 12.84 bps of average net assets (SEC N-CEN)
NRIGX Cashflows
Over the 12 months to 2021-04, Integrity Energized Dividend Fund had net outflows of $3.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | −$1.32M |
| 2021-03 | −$1.34M |
| 2021-02 | −$160.86K |
| 2021-01 | −$173.61K |
| 2020-12 | −$367.88K |
| 2020-11 | $82.24K |
NRIGX Debt Constituents
No individual debt constituents are reported in Integrity Energized Dividend Fund's latest SEC N-PORT filing.
NRIGX Prospectus and SEC Filings
Official Integrity Energized Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-12-04
- Prospectus (485BPOS) — filed 2019-12-06
- Prospectus (485BPOS) — filed 2018-12-06
- Portfolio holdings (N-PORT) — filed 2021-06-28
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2020-12-23
- Annual census (N-CEN) — filed 2020-10-13
- Annual census (N-CEN) — filed 2019-10-11
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.