Integrity Dividend Harvest Fund Class C (IDHCX)

Overview

The fund specializes in investing a significant portion of its assets in dividend-paying equity securities, including both common and preferred stocks, of various companies. It targets investing a minimum of 80% of its net assets, plus any borrowings for investment purposes, in these types of securities. Specifically, the fund seeks to invest in companies that have a track record of consistently increasing their dividends for at least 10 years, allocating at least 65% of its net assets to such equity securities. Additionally, the fund is open to international investments, with up to 30% of its net assets being earmarked for foreign equity securities. This strategic allocation reflects the fund's commitment to pursuing both growth and income opportunities for its investors by focusing on dividend-paying stocks with a history of growth.

Products and Services

The fund offers distinct investment products and services focusing on dividend growth and income generation through equity investments. Below are the key products and services provided:

• Dividend-Paying Equity Securities Investment:

  The core of the fund's investment strategy involves allocating at least 80% of its net assets, alongside any borrowed funds for investment purposes, to invest in equity securities that pay dividends. This includes both common and preferred stocks across a wide range of companies. The focus on dividend-paying equities is rooted in the fund's goal to generate income for its investors while also seeking capital appreciation.

• Long-Term Dividend Growers Investment:

  Emphasizing the importance of consistent growth, the fund commits at least 65% of its net assets to equity securities of companies that have successfully increased their dividends for at least 10 consecutive years. This investment criterion aims to ensure that the fund's capital is allocated to stocks of companies with proven financial health and a reliable history of rewarding shareholders through increasing dividends.

• Foreign Equity Securities Investment:

  With the intention to diversify its investment portfolio and tap into growth opportunities outside of its home market, the fund allows for up to 30% of its net assets to be invested in foreign equity securities. This reflects the fund's strategic approach to international investing, aiming to benefit from dividend income and capital growth potential in global markets.