VNDIX

About VNDIX

Viking Tax-Free Fund for North Dakota Class I is a municipal bond mutual fund designed to provide tax-advantaged income for North Dakota residents. Its primary objective is to deliver a high level of current income that is exempt from federal and North Dakota personal income taxes while maintaining capital preservation as a core priority. The portfolio invests predominantly in municipal securities, with a focused roster of holdings and monthly income distributions that reflect its income-oriented mandate. The fund targets investment-grade credits tied to state and local issuers and essential-service projects, aligning its strategy with the needs of investors seeking stable, tax-exempt cash flows. With an expense ratio structured for Class I shares and a relatively low minimum investment, it is positioned for cost-conscious investors who value tax efficiency and predictable payouts. Within the broader fixed income market, the fund plays a niche role by concentrating on North Dakota tax-exempt munis, offering specialized exposure that complements diversified bond allocations and can help manage after-tax income objectives.