Integrity High Income Fund (IHFAX)
The fund invests in a group of low-quality, high-risk, high yield corporate debt obligations. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings made for investment purposes) will be invested in corporate bonds rated Baa by Moody's Investors Service ("Moody's") or BBB by S&P Global Ratings ("S&P") or lower. While there are no restrictions on maturity, the fund's portfolio generally has an average maturity of less than ten years.
Fund Info
US45890C8872
45890C887
Apr 30, 2004
$1,000
Expense Ratio
IHFAX has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Integrity High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Integrity High Income Fund had a return of 1.14% year-to-date (YTD) and 9.78% in the last 12 months. Over the past 10 years, Integrity High Income Fund had an annualized return of 4.67%, while the S&P 500 had an annualized return of 11.29%, indicating that Integrity High Income Fund did not perform as well as the benchmark.
IHFAX
1.14%
0.60%
3.82%
9.78%
3.96%
4.67%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of IHFAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.27% | 1.14% | |||||||||||
| 2024 | -0.21% | 0.17% | 1.13% | -0.93% | 1.29% | 0.77% | 1.83% | 1.69% | 1.69% | -0.49% | 1.06% | -0.50% | 7.72% |
| 2023 | 3.61% | -1.54% | 0.75% | 0.71% | -1.11% | 1.43% | 1.29% | 0.16% | -1.07% | -1.25% | 4.08% | 3.58% | 10.94% |
| 2022 | -2.41% | -0.60% | -0.94% | -3.44% | 0.79% | -6.37% | 6.38% | -2.88% | -3.68% | 2.93% | 1.72% | -0.56% | -9.28% |
| 2021 | 0.44% | 0.65% | 0.60% | 1.04% | 0.21% | 1.19% | 0.21% | 0.54% | -0.20% | -0.18% | -1.07% | 1.70% | 5.23% |
| 2020 | -0.24% | -1.04% | -10.33% | 3.24% | 4.49% | 0.56% | 4.35% | 0.89% | -0.54% | 0.24% | 3.51% | 1.75% | 6.14% |
| 2019 | 4.75% | 1.32% | 0.84% | 1.46% | -0.99% | 2.26% | 0.39% | 0.39% | 0.39% | 0.03% | 0.40% | 1.96% | 13.90% |
| 2018 | 0.46% | -0.78% | -0.74% | 0.83% | -0.04% | 0.57% | 0.95% | 0.67% | 0.69% | -1.53% | -0.50% | -2.59% | -2.06% |
| 2017 | 1.05% | 1.56% | -0.37% | 0.89% | 0.82% | 0.49% | 0.91% | -0.24% | 0.89% | 0.46% | -0.25% | 0.43% | 6.81% |
| 2016 | -1.38% | 0.53% | 3.63% | 3.29% | 0.86% | 0.75% | 2.59% | 2.18% | 0.58% | -0.25% | -0.51% | 1.84% | 14.92% |
| 2015 | 0.69% | 1.82% | -0.40% | 0.95% | 0.40% | -1.36% | -0.11% | -1.38% | -2.88% | 3.07% | -2.77% | -2.31% | -4.40% |
| 2014 | 0.55% | 2.07% | 0.04% | 0.43% | 0.68% | 0.68% | -1.55% | 1.68% | -2.05% | 1.18% | -0.60% | -1.08% | 1.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, IHFAX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Integrity High Income Fund (IHFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Integrity High Income Fund provided a 5.31% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.38 | $0.33 | $0.30 | $0.35 | $0.38 | $0.40 | $0.37 | $0.39 | $0.40 | $0.43 |
Dividend yield | 5.31% | 5.33% | 5.16% | 4.78% | 3.72% | 4.42% | 4.83% | 5.48% | 4.77% | 5.10% | 5.65% | 5.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Integrity High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2022 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.30 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2018 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.37 |
| 2016 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2015 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.43 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Integrity High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Integrity High Income Fund was 49.87%, occurring on Dec 15, 2008. Recovery took 531 trading sessions.
The current Integrity High Income Fund drawdown is 0.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.87% | Jun 5, 2007 | 386 | Dec 15, 2008 | 531 | Jan 25, 2011 | 917 |
| -21.32% | Feb 18, 2020 | 25 | Mar 23, 2020 | 112 | Aug 31, 2020 | 137 |
| -13.49% | Jan 3, 2022 | 187 | Sep 29, 2022 | 312 | Dec 27, 2023 | 499 |
| -12.58% | Jun 3, 2015 | 176 | Feb 11, 2016 | 98 | Jul 1, 2016 | 274 |
| -9.7% | Aug 2, 2011 | 45 | Oct 4, 2011 | 73 | Jan 19, 2012 | 118 |
Volatility
Volatility Chart
The current Integrity High Income Fund volatility is 0.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.