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IMFD Invesco Multi Factor Defensive Core Fixed Income ETF

24.97
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Invesco Multi Factor Defensive Core Fixed Income ETF AMEX:IMFD AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 24.97 0 01:00:00

Integrity High Income Fund Passes $100 Million In Assets

07/08/2006 4:00pm

PR Newswire (US)


Invesco Multi Factor Def... (AMEX:IMFD)
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MINOT, N.D., Aug. 7 /PRNewswire-FirstCall/ -- Integrity Mutual Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) , a mutual fund and financial services company, announced today that its Integrity High Income Fund has surpassed $100 million in assets under management. In 2005, the Fund beat peer group averages and landed in the top percentile in Morningstar's High Yield Bond category. The ranking was based on the Fund's total return for the period January 1, 2005 to December 31, 2005, and ranked the Fund against the universe of funds within Morningstar's High Yield Bond category. The High Income Fund is managed by a team led by Jeffrey Cummer and Dwayne Moyers, institutional managers responsible for over $1 billion in bond portfolios. Cummer and Moyers credit the strong interest in the Fund to their innovative approach to bond selection for which each investment must answer the question, "Are there real assets to cover our costs in the bonds". They then employ a best relative value technique where they eliminate bonds not having enough yield over treasuries to justify the credit risk. This diligence creates the opportunity to deliver a higher yield and stable and appreciating NAV. Integrity is differentiating itself as a leading investment management company by selecting strong, institutional sub-advisers to manage unique mutual funds that play strategic roles in advisers' portfolios. Recent hires of managers who apply disciplined investment methodologies and deliver consistent risk-adjusted performance are allowing Integrity to build a selection of quality funds with the capability to perform in all market cycles and offer consistent streams of income with the potential for capital appreciation. Integrity Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board under the symbol IMFD.OB. With its subsidiaries, Integrity Money Management, Inc., Integrity Fund Services, Inc., and Integrity Funds Distributor, Inc., the firm sponsors, manages, and advises mutual funds. IMFD also owns Capital Financial Services, Inc., a full-service brokerage firm with 275 registered representatives that specializes in providing investment products and services to independent investment representatives, financial planners, and investment advisors in parts of the Midwest and California. More information is available at http://www.integrityfunds.com/ or by calling (800) 276-1262. DATASOURCE: Integrity Mutual Funds, Inc. CONTACT: Mark R. Anderson of Integrity Mutual Funds, Inc., +1-701-852-5292, Web site: http://www.integrityfunds.com/

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