NPORT-EX 2 mnares20221228.htm mnares20221228.htm - Generated by SEC Publisher for SEC Filing

Integrity Mid-North American Resources Fund

       

Schedule of Investments October 31, 2022 (unaudited)

       
       

Fair

   

Shares

 

Value

COMMON STOCKS (97.9%)

       
         

Energy (81.4%)

       

Shell PLC

 

80,000

$

3,261,440

*Darling Ingredients Inc

 

23,000

 

4,450,400

*Antero Resources Corp

 

90,000

 

3,299,400

Archaea Energy Inc

 

150,000

 

3,871,500

Baker Hughes a GE Co

 

60,000

 

1,659,600

Coterra EnerCoterra Energy Inc

 

100,000

 

3,113,000

Cactus Inc

 

102,000

 

5,275,440

ChampionX Corp

 

161,000

 

4,607,820

Cheniere Energy Inc

 

77,000

 

13,583,570

Devon Energy Corp

 

42,000

 

3,248,700

Diamondback Energy Inc

 

70,000

 

10,997,700

EOG Resources Inc

 

7,000

 

955,640

Enbridge Inc

 

139,000

 

5,414,050

Excelerate Energy Inc

 

80,000

 

2,209,600

Exxon Mobil Corp

 

52,000

 

5,762,120

HollyFrontier Corp

 

26,000

 

1,590,420

Halliburton Co

 

200,000

 

7,284,000

Marathon Oil Corp

 

200,000

 

6,090,000

New Fortress Energy Inc

 

90,000

 

4,956,300

*NexTier Oilfield Solutions Inc

 

670,000

 

6,753,600

Ovintiv Inc

 

120,000

 

6,078,000

Patterson UTI Energy Inc

 

190,000

 

3,353,500

Pembina Pipeline Corp

 

60,000

 

1,980,600

Phillips 66

 

37,000

 

3,858,730

Pioneer Natural Resources Co

 

15,000

 

3,846,150

*ProFrac Holding Corp

 

75,000

 

1,643,250

Solaris Oilfield Infrastructure Inc

 

160,000

 

2,179,200

TransCanada Corp

 

50,000

 

2,196,000

Valero Energy Corp

 

34,000

 

4,268,700

     

 

127,788,430

Industrials (5.6%)

       

*Array Technologies Inc

 

120,000

 

2,172,000

Generac Holdings Inc

 

15,000

 

1,738,650

*Plug Power Inc

 

28,000

 

447,440

Quanta Services Inc

 

14,000

 

1,988,560

*Shoals Technologies Group Inc

 

36,000

 

831,960

*Sunrun Inc

 

70,000

 

1,575,700

     

 

8,754,310

Consumer Staples (1.1%)

       

BP PLC ADR

 

98,000

 

1,805,040

         

Information Technologies (2.0%)

       

*Enphase Energy Inc

 

4,000

 

1,228,000

*SolarEdge Technologies Inc

 

8,000

 

1,840,240

     

 

3,068,240

Materials (3.5%)

       

Celanese Corp

 

11,000

 

1,057,320

Olin Corp

 

84,000

 

4,447,800

     

 

5,505,120

Utilities (4.3%)

       

Ameren Corp

 

32,000

 

2,608,640

NextEra Energy Inc

 

30,000

 

2,325,000

*Sunnova Energy International Inc

 

102,000

 

1,891,080

     

 

6,824,720

         

TOTAL COMMON STOCKS (COST: $116,562,829)

   

$

153,745,860

         

OTHER ASSETS LESS LIABILITIES (2.1%)

   

$

3,289,252

         

NET ASSETS (100.0%)

   

$

157,035,112

 

*Non-income producing

PLC - Public Limited Company

       

ADR - American Depositary Receipt

       

 

 

NOTE:  INVESTMENT IN SECURITIES (unaudited)

   

At October 31, 2022 the net unrealized appreciation (depreciation) based on the cost of investments for federal income tax purposes was as follows:

 

Integrity Mid-North American Resources Fund

   

Investments at cost

$116,562,829

   

Unrealized appreciation

$43,106,984

   

Unrealized depreciation

($5,923,953)

   

Net unrealized appreciation (depreciation)*

$37,183,031

   

 

NOTE: FAIR VALUE MEASUREMENTS (unaudited)

Various inputs are used in determining the value of the Funds' investments. These inputs are summarized in three broad levels: Level 1 inputs are based on quoted prices in active markets for identical securities. Level 2 inputs are based on significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) Level 3 inputs are based on significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments.) The following is a summary of the inputs used to value the Funds’ investments as of October 31, 2022:

         

Integrity Mid-North American Resources Fund

     

 

Level 1

Level 2

Level 3

Total

Common Stocks

$153,745,860

$0

$0

$153,745,860

Total

$153,745,860

$0

$0

$153,745,860