By Paul R. La Monica | February 3, 2025
From the article:
‘Mike Morey, chief investment officer at Integrity Viking Funds, also likes dividend payers but doesn’t think investors need to limit themselves to stodgier defensive names.’
‘Broadcom is in the top holdings of the Integrity Dividend Harvest Fund that Morey manages. The fund also owns Corning. But it also has exposure to energy and utility stocks such as TC Energy and NextEra Energy and big banks such as Citigroup and JPMorgan Chase.’
“We try to keep volatility on the low side and focus on companies that not only pay a dividend but plan to raise it,” he said, adding that there are plenty of attractive opportunities since “dividend payers have been left in the dust with all the sexy news about artificial intelligence.” –Mike Morey, CIO, Integrity Viking Funds
Integrity Viking Funds are sold by prospectus only. For more complete information an investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. You may obtain a prospectus at no cost from your financial advisor or at integrityvikingfunds.com. Please read the prospectus carefully before investing.
The Fund’s top ten holdings represented 35.40% of the portfolio as of 12/31/2024: Broadcom 6.64%, AbbVie 4.55%, NextEra Energy 4.34%, Chevron 3.61%, TC Energy 3.03%, Morgan Stanley 2.78%, Bristol-Myers Squibb 2.77%, Corning Inc 2.77%, American Electric Power Co 2.59%, Merck & Co 2.32%.