Integrity High Income Fund Ranked in Top 1% of Category by Morningstar(R) for 2005

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

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MINOT, N.D., Feb. 2 /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 achieved strong 2005 performance, beating peer group averages and landing it in the top percentile in Morningstar's High Yield Bond category. The High Income Fund finished in the top 1% (among 522 funds) of high yield bond funds for the 12 months ending December 31, 2005, according to Morningstar; the Fund posted a total return of 7.48% for the same period. Since its inception on April 30, 2004, the Fund has delivered an average annualized return of 10.45% through December 31, 2005. 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. They credit the Fund's strong performance 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. "Our approach to bond selection clearly prevailed in 2005. We added a significant amount of alpha by keeping our default rate low," said Mr. Cummer. "As we look out to 2006, we believe it will again be a 'bond picker's market'. High Yield, as a sector, will not be robust, but there will be good trading opportunities and a current yield higher than last year." About Integrity Mutual Funds 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 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. Please consider carefully the fund's investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting http://www.integrityfunds.com/ or by calling 1-800-276-1262. Read it carefully before investing. Distributed by Integrity Funds Distributor, Inc. Performance data does not reflect the deduction of the maximum 4.25% sales load. If reflected, the load would reduce the performance quoted. Performance data quoted above is historical. Past performance is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. You may obtain performance data current to the most recent month end by calling 1-800-276-1262. All returns assume reinvestment of dividends and capital gains prior to the close of the fiscal year. The Overall Morningstar Rating is based on risk-adjusted returns, derived from a weighted average of the three-, five-, and ten-year (if applicable) Morningstar metrics. The Fund opened on April 30, 2004 and does not yet have 3-, 5-, and 10-year performance ratings. Bond Funds generally decline in value as interest rates rise. High yield securities are lower quality debt securities and are subject to greater risk of default or price changes due to changes in the credit quality of the issuer. First Call Analyst: FCMN Contact: DATASOURCE: Integrity Mutual Funds, Inc. CONTACT: Robert Walstad or Mark R. Anderson, , both of Integrity Mutual Funds, Inc., +1-701-852-5292 Web site: http://www.integrityfunds.com/

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IMFD Invesco Multi Factor Defensive Core Fixed Income ETF