Kansas Insured Intermediate  KSIMX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni Single State Interm Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   ---
   Avg Credit Quality
   AA
As of 2009-10-31
Day Change
$ 0.01
  
NAV (2009-11-20)
$ 11.18
  
YTD Return % (2009-11-20)
6.67%
  
Total Assets ($ mil)
18
View Data Definitions
  Performance    
Growth of $10,000 Fund: Kansas Insured Intermediate
(from 1999-01-01 to 2009-10-31) Category: Muni Single State Interm
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1992-11-23 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 6.67 7.31 4.52 3.75 3.45 4.00
+/- Category -3.51 -3.92 1.28 0.70 -1.02 ---
+/- BarCap Municipal TR USD -5.47 -4.36 0.27 -0.61 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 4.53 6.23 3.95 3.26 3.28 3.94
Month-End (as of 2009-10-31) 2.89 4.79 3.29 2.95 3.17 3.83
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 4.80 3.29 2.95 3.17 ---
On Distribution & Sale of Shares --- 4.41 3.36 3.06 3.27 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 247 funds), (5 yrs : out of 237 funds), (10 yrs : out of 194 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 2.75%, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 36.67
Advance Refunded ---
State Appropriated Tobacco ---
Non-state Appropriated Tobacco ---
Education 8.76
Health ---
Housing 12.86
Industrial ---
Transportation ---
Utilities 10.00
Water/Sewer 3.67
Misc. Revenue 28.04
Bond Quality % of Bonds
AAA 47.8
AA 28.2
A 17.5
BBB 0.0
BB 0.0
B 0.0
Below B 0.0
Not Rated 6.5
 
Asset Allocation
% of Net Assets
Cash 1.2
Stocks 0.0
Bonds 98.8
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings Turnover % 14
Total Number of Bond Holdings 58 30 Day SEC Yield % 2.73
% of Assets in Top 10 Holdings 33.17 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Chisholm Creek Util Auth 5.25% 2016-09-01 770 843 5.02
Kansas St Dev Fin Auth 5.75% 2012-11-15 595 655 3.90
Butler Cnty Kans Uni Sch Dist 5% 2018-09-01 500 558 3.32
Ford Cnty Kans Go Sales 4.5% 2024-09-01 500 522 3.11
Mission Kans Multifamily Rev Ref-Hsg- 5% 2014-10-01 520 521 3.10
Shawnee Cnty Kans Uni Sch Dist 5% 2014-09-01 485 516 3.07
Manhattan Kans Hosp Rev Hosp 5.5% 2020-08-15 500 506 3.01
Wyandotte Cnty Kans City Kans Uti 5.125% 2013-09-01 500 506 3.01
NEOSHO CNTY KANS SALES TAX REV SALES TAX 2023-10-01 500 494 2.94
Sumner Cnty Kans Sales Tax Rev Sales 5% 2014-10-01 400 451 2.69
Data through 2009-10-31
  Other Information
Fund Inception: 1992-11-23
Portfolio Manager  (Start Date)
Monte L. Avery  (1996-01-31)
Avery started in the securities business with PaineWebber in 1981 as a retail broker, transferring to Dean Witter in 1982. In 1988, he joined Bremer Bank, N.A. to help start their Invest Center. Avery transferred back to Dean Witter in 1993 until joining ND Holdings in 1995. Since that time, he was a co-manager of the funds and effective in February 2000, the manager. From January 1996 until September 2001 and September 2002 to present, Avery has been the portfolio manager for the Integrity Fund of Funds.
Sales Charge %
(taken from prospectus dated 2009-10-21)
Front: 2.75
Deferred: None
Expense Ratio % 0.75
based on net assets
(taken from annual report dated 2009-07-31)
Correspondence Information
1 Main Street North

Minot,  ND  58703
Telephone:
800-276-1262
701-852-5292
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.