Integrity Short Term Government Fund (MDSIX)

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Integrity Short Term Government Fund (MDSIX) is up 2.0% since the beginning of the year. MDSIX is currently trading at $9 per share. Investors who bought $1,000 worth of MDSIX shares 5 years ago would now be looking at an investment worth $1,119.

Integrity Short Term Government Fund (MDSIX) has returned 1.99% so far this year and 5.83% over the past 12 months. Over the last ten years, MDSIX has returned 2.01% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jul 5, 2011, MDSIX's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2022 with a return of +2.4%, while the worst month was Sep 2022 at -2.9%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 9 months.

On a daily basis, MDSIX closed higher 30% of trading days. The best single day was May 30, 2018 with a return of +4.1%, while the worst single day was May 29, 2018 at -3.7%.

Integrity Short Term Government Fund has an annualized alpha of 1.61%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 05, 2011.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (6.37%) than losses (3.02%) - typical of diversified or defensive assets.
• Beta of 0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MDSIX has an expense ratio of 0.55%, placing it in the medium range.

MDSIX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Integrity Short Term Government Fund provided a 3.27% dividend yield over the last twelve months, with an annual payout of $0.29 per share.

The table displays the monthly dividend distributions for Integrity Short Term Government Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Integrity Short Term Government 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 Short Term Government Fund was 11.28%, occurring on Oct 20, 2022. Recovery took 432 trading sessions.

The chart below shows the rolling one-month volatility.