MDSAX

About MDSAX

Integrity Short Term Government Fund Class A is an actively managed open‑end mutual fund focused on short‑duration U.S. government securities. Its primary objective is to deliver a high and stable total return while emphasizing capital preservation, positioning the portfolio within the short government category to limit interest‑rate sensitivity. The fund primarily invests in obligations backed by the U.S. government or its agencies and instrumentalities, with notable exposure to securitized mortgage‑backed securities issued by entities such as the Government National Mortgage Association, Federal National Mortgage Association, and Federal Home Loan Mortgage Corporation. This structure targets defensive fixed income characteristics—seeking steady income and lower volatility relative to longer‑duration strategies—while offering daily liquidity for investors allocating to core bond sleeves or cash‑plus segments. The share class carries a front‑load structure and charges ongoing operating expenses typical for its category. By concentrating on high‑quality, short‑maturity government and agency exposures, Integrity Short Term Government Fund Class A plays a role as a conservative building block within diversified portfolios, helping manage duration risk and providing a potential ballast during periods of equity market stress.