# EDGAR Filing Document

**Accession Number:** 0001082744
**File Stem:** 0001082744-25-000099
**Filing Date:** 2025-9
**Character Count:** 30754
**Document Hash:** c6fde12072eff571974e91ee8d031b31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001082744-25-000099.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001082744-25-000099

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Viking Mutual Funds
- **CENTRAL INDEX KEY:** 0001082744

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09277
- **FILM NUMBER:** 251341260

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 500
- **CITY:** MINOT
- **STATE:** ND
- **ZIP:** 58702-0500
- **BUSINESS PHONE:** 701-852-5292

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 500
- **CITY:** MINOT
- **STATE:** ND
- **ZIP:** 58702-0500

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VIKING MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990325

## Series and Classes Contracts Data

### Oklahoma Municipal Fund (Series ID: S000058946)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193250 | Class I      | OKMIX           |
| C000193251 | Class A      | OKMUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Viking Mutual Funds

- **b. Investment Company Act file number:** 811-09277

- **c. CIK number of Registrant:** 0001082744

- **d. LEI of Registrant:** 549300PSJICOHN07DD76

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1 Main Street North

  - **City:** Minot

  - **State:** ND

  - **Foreign country:** US

  - **Zip / Postal Code:** 58703

  - **Telephone number:** 701-857-5292

**Item A.2. Information about the Series.**

- **a. Name of Series:** Oklahoma Municipal Fund

- **b. EDGAR series identifier (if any):** S000058946

- **c. LEI of Series:** 549300TDI40QPCJ2K131

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $40848837.88

**Total Liabilities:** $1205275.67

**Net Assets:** $39643562.21

**Cash Not Reported:** $1584574.99

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -9.9 | **1-Year:** -212.73 | **5-Year:** -122.02 | **10-Year:** -15573.18 | **30-Year:** -21223.25

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000193251 | -2.68%               | -2.03%               | -2.97%               |
| Class ID C000193250 | -0.19%               | 0.48%                | -0.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2611.38                | $-169390.01                                |
| Month 2  | $0.00                    | $59836.57                                  |
| Month 3  | $-8668.11                | $-323858.91                                |

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                     | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| City of Broken Arrow OK     4.000%  12/01/2037                            | City of Broken Arrow OK     4.000%  12/01/2037                            | CUSIP: 112097B66<br>LEI: N/A | Long             | DBT              | MUN               | US        |    605000 | PA      | $592821.35    | 1.50%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Broken Arrow OK     4.000%  12/01/2038                            | City of Broken Arrow OK     4.000%  12/01/2038                            | CUSIP: 112097B74<br>LEI: N/A | Long             | DBT              | MUN               | US        |    610000 | PA      | $591925.70    | 1.49%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bryan County School Finance Authority     5.000%  12/01/2033              | Bryan County School Finance Authority     5.000%  12/01/2033              | CUSIP: 117510CP0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    800000 | PA      | $826528.00    | 2.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bryan County School Finance Authority     4.125%  12/01/2037              | Bryan County School Finance Authority     4.125%  12/01/2037              | CUSIP: 117510CQ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928520.00    | 2.34%             | 2037-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Caddo County Educational Facilities Authority     5.000%  09/01/2033      | Caddo County Educational Facilities Authority     5.000%  09/01/2033      | CUSIP: 127218DV4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    645000 | PA      | $678352.95    | 1.71%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caddo County Educational Facilities Authority     5.000%  09/01/2034      | Caddo County Educational Facilities Authority     5.000%  09/01/2034      | CUSIP: 127218DW2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    735000 | PA      | $767251.80    | 1.94%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caddo County Governmental Building Authority     5.000%  09/01/2040       | Caddo County Governmental Building Authority     5.000%  09/01/2040       | CUSIP: 12721YBB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1015151.00   | 2.56%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chouteau Educational Facilities Authority     4.000%  09/01/2032          | Chouteau Educational Facilities Authority     4.000%  09/01/2032          | CUSIP: 170446AL2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $345275.00    | 0.87%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chouteau Educational Facilities Authority     4.000%  09/01/2034          | Chouteau Educational Facilities Authority     4.000%  09/01/2034          | CUSIP: 170446AM0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    240000 | PA      | $231333.60    | 0.58%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cleveland County Home Loan Authority     4.600%  07/01/2049               | Cleveland County Home Loan Authority     4.600%  07/01/2049               | CUSIP: 186047JG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $468975.00    | 1.18%             | 2049-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Clinton Public Works Authority     4.000%  12/01/2039                     | Clinton Public Works Authority     4.000%  12/01/2039                     | CUSIP: 188408AP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $460800.00    | 1.16%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Creek County Educational Facilities Authority     4.125%  09/01/2048      | Creek County Educational Facilities Authority     4.125%  09/01/2048      | CUSIP: 225472BV0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $439735.00    | 1.11%             | 2048-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Creek County Public Facilities Authority     5.000%  08/01/2044           | Creek County Public Facilities Authority     5.000%  08/01/2044           | CUSIP: 22552AAB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $503220.00    | 1.27%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Creek County Public Facilities Authority     5.000%  08/01/2048           | Creek County Public Facilities Authority     5.000%  08/01/2048           | CUSIP: 22552AAC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1880300.00   | 4.74%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Educational Facilities Authority     4.250%  09/01/2033   | Delaware County Educational Facilities Authority     4.250%  09/01/2033   | CUSIP: 24588QBH4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    150000 | PA      | $148606.50    | 0.37%             | 2033-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Delaware County Educational Facilities Authority     4.375%  09/01/2034   | Delaware County Educational Facilities Authority     4.375%  09/01/2034   | CUSIP: 24588QBJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    125000 | PA      | $123400.00    | 0.31%             | 2034-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Delaware County Educational Facilities Authority     4.625%  09/01/2036   | Delaware County Educational Facilities Authority     4.625%  09/01/2036   | CUSIP: 24588QBL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $194118.00    | 0.49%             | 2036-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Grady County School Finance Authority     5.125%  12/01/2039              | Grady County School Finance Authority     5.125%  12/01/2039              | CUSIP: 384201KE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $514440.00    | 1.30%             | 2039-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Grady County School Finance Authority     5.125%  12/01/2040              | Grady County School Finance Authority     5.125%  12/01/2040              | CUSIP: 384201KF5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $509940.00    | 1.29%             | 2040-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Hobart Educational Facilities Authority     4.500%  09/01/2025            | Hobart Educational Facilities Authority     4.500%  09/01/2025            | CUSIP: 433817AM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    590000 | PA      | $590525.10    | 1.49%             | 2025-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hobart Educational Facilities Authority     5.000%  09/01/2026            | Hobart Educational Facilities Authority     5.000%  09/01/2026            | CUSIP: 433817AN3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    635000 | PA      | $644728.20    | 1.63%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hobart Educational Facilities Authority     4.500%  09/01/2027            | Hobart Educational Facilities Authority     4.500%  09/01/2027            | CUSIP: 433817AP8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    340000 | PA      | $345725.60    | 0.87%             | 2027-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hobart Educational Facilities Authority     4.500%  09/01/2028            | Hobart Educational Facilities Authority     4.500%  09/01/2028            | CUSIP: 433817AQ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    365000 | PA      | $373289.15    | 0.94%             | 2028-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Jackson County Educational Facilities Authority     4.250%  09/01/2031    | Jackson County Educational Facilities Authority     4.250%  09/01/2031    | CUSIP: 467629AM3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $391128.00    | 0.99%             | 2031-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kiowa County Public Facilities Authority     4.500%  12/01/2033           | Kiowa County Public Facilities Authority     4.500%  12/01/2033           | CUSIP: 49725BAK2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1170691.30   | 2.95%             | 2033-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kiowa County Public Facilities Authority     5.000%  12/01/2038           | Kiowa County Public Facilities Authority     5.000%  12/01/2038           | CUSIP: 49725BAL0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016260.00   | 2.56%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kiowa County Public Facilities Authority     5.125%  12/01/2043           | Kiowa County Public Facilities Authority     5.125%  12/01/2043           | CUSIP: 49725BAM8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988000.00    | 2.49%             | 2043-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Leflore County Public Facility Authority     4.250%  09/01/2033           | Leflore County Public Facility Authority     4.250%  09/01/2033           | CUSIP: 52464GBE3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    525000 | PA      | $511407.75    | 1.29%             | 2033-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Leflore County Public Facility Authority     4.500%  09/01/2036           | Leflore County Public Facility Authority     4.500%  09/01/2036           | CUSIP: 52464GBH6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    690000 | PA      | $653409.30    | 1.65%             | 2036-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Love County Educational Facilities Authority     4.750%  09/01/2037       | Love County Educational Facilities Authority     4.750%  09/01/2037       | CUSIP: 54713PBT5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $235890.00    | 0.60%             | 2037-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Public Property Authority     5.000%  10/01/2036            | Oklahoma City Public Property Authority     5.000%  10/01/2036            | CUSIP: 678595EW5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    230000 | PA      | $230167.90    | 0.58%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Public Property Authority     5.000%  10/01/2039            | Oklahoma City Public Property Authority     5.000%  10/01/2039            | CUSIP: 678595EZ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    835000 | PA      | $835659.65    | 2.11%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority     4.000%  09/01/2038                  | Oklahoma County Finance Authority     4.000%  09/01/2038                  | CUSIP: 67868UHV8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $569400.00    | 1.44%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority     5.000%  10/01/2045                  | Oklahoma County Finance Authority     5.000%  10/01/2045                  | CUSIP: 67868UJU8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    640000 | PA      | $646988.80    | 1.63%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority     4.000%  04/01/2041                  | Oklahoma County Finance Authority     4.000%  04/01/2041                  | CUSIP: 67868VCV1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $230815.00    | 0.58%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority     5.000%  06/01/2039             | Oklahoma Development Finance Authority     5.000%  06/01/2039             | CUSIP: 67884FSV9<br>LEI: N/A | Long             | DBT              | MUN               | US        |     19000 | PA      | $19038.76     | 0.05%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority     5.000%  12/01/2038             | Oklahoma Development Finance Authority     5.000%  12/01/2038             | CUSIP: 67884GTB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    280000 | PA      | $291127.20    | 0.73%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority     5.000%  12/01/2043             | Oklahoma Development Finance Authority     5.000%  12/01/2043             | CUSIP: 67884GTC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1633162.20   | 4.12%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority     4.000%  08/15/2038             | Oklahoma Development Finance Authority     4.000%  08/15/2038             | CUSIP: 67884XBR7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $221952.50    | 0.56%             | 2038-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency     4.450%  09/01/2044                    | Oklahoma Housing Finance Agency     4.450%  09/01/2044                    | CUSIP: 67886MG78<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1904220.00   | 4.80%             | 2044-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency     4.400%  09/01/2044                    | Oklahoma Housing Finance Agency     4.400%  09/01/2044                    | CUSIP: 67886MP60<br>LEI: N/A | Long             | DBT              | MUN               | US        |    870000 | PA      | $820879.80    | 2.07%             | 2044-09-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency     4.600%  09/01/2049                    | Oklahoma Housing Finance Agency     4.600%  09/01/2049                    | CUSIP: 67886MP78<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963290.00    | 2.43%             | 2049-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority     5.250%  01/01/2048                        | Oklahoma Turnpike Authority     5.250%  01/01/2048                        | CUSIP: 679111C85<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $515430.00    | 1.30%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University     4.000%  09/01/2043                          | Oklahoma State University     4.000%  09/01/2043                          | CUSIP: 679191PF7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $449320.00    | 1.13%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board     4.000%  10/01/2049                     | Oklahoma Water Resources Board     4.000%  10/01/2049                     | CUSIP: 67920Q5L8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870510.00    | 2.20%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Payne County Economic Development Authority     4.250%  09/01/2034        | Payne County Economic Development Authority     4.250%  09/01/2034        | CUSIP: 70438LBC1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $477160.00    | 1.20%             | 2034-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pontotoc County Educational Facilities Authority     4.000%  09/01/2034   | Pontotoc County Educational Facilities Authority     4.000%  09/01/2034   | CUSIP: 732692CY2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    625000 | PA      | $624600.00    | 1.58%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pontotoc County Educational Facilities Authority     4.000%  09/01/2040   | Pontotoc County Educational Facilities Authority     4.000%  09/01/2040   | CUSIP: 732692DE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892120.00    | 2.25%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pontotoc County Educational Facilities Authority     4.000%  09/01/2042   | Pontotoc County Educational Facilities Authority     4.000%  09/01/2042   | CUSIP: 732692EG9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899900.00    | 2.27%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rogers County Educational Facilities Authority     4.125%  09/01/2036     | Rogers County Educational Facilities Authority     4.125%  09/01/2036     | CUSIP: 77514RBX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $727950.00    | 1.84%             | 2036-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Rogers County Educational Facilities Authority     4.250%  09/01/2038     | Rogers County Educational Facilities Authority     4.250%  09/01/2038     | CUSIP: 77514RBY2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932190.00    | 2.35%             | 2038-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Stephens County Educational Facilities Authority     5.000%  09/01/2027   | Stephens County Educational Facilities Authority     5.000%  09/01/2027   | CUSIP: 858761BD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $415768.00    | 1.05%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stephens County Educational Facilities Authority     4.000%  09/01/2032   | Stephens County Educational Facilities Authority     4.000%  09/01/2032   | CUSIP: 858761BY4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    665000 | PA      | $652358.35    | 1.65%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Home Finance Authority     4.550%  07/01/2049                | Tulsa County Home Finance Authority     4.550%  07/01/2049                | CUSIP: 899517HT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $459025.00    | 1.16%             | 2049-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust     4.000%  06/01/2035                   | Tulsa Airports Improvement Trust     4.000%  06/01/2035                   | CUSIP: 899647SH5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1343103.10   | 3.39%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust     4.000%  06/01/2036                   | Tulsa Airports Improvement Trust     4.000%  06/01/2036                   | CUSIP: 899647SJ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    145000 | PA      | $139809.00    | 0.35%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Stadium Trust     4.000%  12/01/2038                                | Tulsa Stadium Trust     4.000%  12/01/2038                                | CUSIP: 89967QBW5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $457200.00    | 1.15%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma/The     5.000%  07/01/2036                         | University of Oklahoma/The     5.000%  07/01/2036                         | CUSIP: 91476PNK0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $500605.00    | 1.26%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma/The     4.000%  07/01/2040                         | University of Oklahoma/The     4.000%  07/01/2040                         | CUSIP: 91476PNP9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $458665.00    | 1.16%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma/The     5.000%  07/01/2038                         | University of Oklahoma/The     5.000%  07/01/2038                         | CUSIP: 91476PPB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $497725.00    | 1.26%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County Educational Facilities Authority     5.000%  09/01/2025 | Washington County Educational Facilities Authority     5.000%  09/01/2025 | CUSIP: 938176AG9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400560.00    | 1.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County Educational Facilities Authority     5.000%  09/01/2031 | Washington County Educational Facilities Authority     5.000%  09/01/2031 | CUSIP: 938176AK0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    445000 | PA      | $473115.10    | 1.19%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-25

**Name of Applicant:** Viking Mutual Funds

**Signature:** Shelly Nahrstedt

**Name of Signer:** Shelly Nahrstedt

**Title:** Treasurer