# EDGAR Filing Document

**Accession Number:** 0001082744
**File Stem:** 0000899635-23-000065
**Filing Date:** 2023-3
**Character Count:** 42873
**Document Hash:** 9894bfddcb1623e254ea8a19948d6c10
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899635-23-000065.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0000899635-23-000065

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Viking Mutual Funds
- **CENTRAL INDEX KEY:** 0001082744
- **IRS NUMBER:** 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:** 23783851

**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

### Nebraska Municipal Fund (Series ID: S000058944)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193246 | Class A      | NEMUX           |
| C000193247 | Class I      | NEITX           |

## 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:** Nebraska Municipal Fund

- **b. EDGAR series identifier (if any):** S000058944

- **c. LEI of Series:** 54930037C87FDOGDP535

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $46272625.63

**Total Liabilities:** $145251.74

**Net Assets:** $46127373.89

**Cash Not Reported:** $776303.28

**Currency Risk Metrics (dv01):**

- 

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

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

**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 C000193246 | 5.26%                | -2.42%               | 0.16%                |
| Class ID C000193247 | 5.30%                | 0.08%                | 2.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-81182.98               | $2144814.69                                |
| Month 2  | $-462589.90              | $449410.38                                 |
| Month 3  | $-97258.77               | $1240102.34                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Kearney School District     5.000%  10/15/2027                                  | Kearney School District     5.000%  10/15/2027                                  | CUSIP: 119475MV0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    940000 | PA      | $1059521.00   | 2.30%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lyons-Decatur Northeast Schools     5.000%  12/15/2027                          | Lyons-Decatur Northeast Schools     5.000%  12/15/2027                          | CUSIP: 122873AE2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $222082.00    | 0.48%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lyons-Decatur Northeast Schools     5.000%  12/15/2028                          | Lyons-Decatur Northeast Schools     5.000%  12/15/2028                          | CUSIP: 122873AF9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    140000 | PA      | $155087.80    | 0.34%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plattsmouth School District     3.000%  12/15/2039                              | Plattsmouth School District     3.000%  12/15/2039                              | CUSIP: 148006FS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890040.00    | 1.93%             | 2039-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus NE     3.000%  06/15/2036                                      | City of Columbus NE     3.000%  06/15/2036                                      | CUSIP: 199435BL1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $735367.50    | 1.59%             | 2036-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus NE Combined Revenue     4.000%  12/15/2032                     | City of Columbus NE Combined Revenue     4.000%  12/15/2032                     | CUSIP: 199437ML5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $105421.00    | 0.23%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2033    | City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2033    | CUSIP: 199437NN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $328821.00    | 0.71%             | 2033-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2034    | City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2034    | CUSIP: 199437NP5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $324315.00    | 0.70%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2035    | City of Columbus NE Combined Utilities System Revenue     4.000%  06/15/2035    | CUSIP: 199437NQ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $321987.00    | 0.70%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cozad City School District     4.000%  06/15/2037                               | Cozad City School District     4.000%  06/15/2037                               | CUSIP: 239325FD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $507980.00    | 1.10%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fremont School District     5.000%  12/15/2032                                  | Fremont School District     5.000%  12/15/2032                                  | CUSIP: 256435KJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    280000 | PA      | $339768.80    | 0.74%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fremont School District     4.000%  12/15/2033                                  | Fremont School District     4.000%  12/15/2033                                  | CUSIP: 256435KK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $279032.50    | 0.60%             | 2033-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Hospital Authority No 2     5.000%  05/15/2027                   | Douglas County Hospital Authority No 2     5.000%  05/15/2027                   | CUSIP: 259230MK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $218560.00    | 0.47%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Douglas NE     3.000%  09/01/2035                                     | County of Douglas NE     3.000%  09/01/2035                                     | CUSIP: 25925QAQ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    310000 | PA      | $291815.40    | 0.63%             | 2035-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Omaha School District     5.000%  12/15/2029                                    | Omaha School District     5.000%  12/15/2029                                    | CUSIP: 259291NE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1818639.90   | 3.94%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha School District     3.000%  12/15/2042                                    | Omaha School District     3.000%  12/15/2042                                    | CUSIP: 259291QT2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $863300.00    | 1.87%             | 2042-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District     4.000%  12/15/2034                                  | Elkhorn School District     4.000%  12/15/2034                                  | CUSIP: 259309C59<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $314358.00    | 0.68%             | 2034-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District     4.000%  12/15/2030                                  | Elkhorn School District     4.000%  12/15/2030                                  | CUSIP: 259309F64<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $538500.00    | 1.17%             | 2030-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District     4.000%  12/15/2034                                  | Elkhorn School District     4.000%  12/15/2034                                  | CUSIP: 259309K50<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $533350.00    | 1.16%             | 2034-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District     4.000%  12/15/2037                                  | Elkhorn School District     4.000%  12/15/2037                                  | CUSIP: 259309N32<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $315732.00    | 0.68%             | 2037-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No 15     3.000%  12/15/2041                     | Douglas County School District No 15     3.000%  12/15/2041                     | CUSIP: 25931PBD6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $898700.00    | 1.95%             | 2041-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No 15     4.000%  12/15/2029                     | Douglas County School District No 15     4.000%  12/15/2029                     | CUSIP: 25931PBN4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $316902.00    | 0.69%             | 2029-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No 17/NE     2.000%  12/15/2039                  | Douglas County School District No 17/NE     2.000%  12/15/2039                  | CUSIP: 259327T87<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $368725.00    | 0.80%             | 2039-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ralston Public Schools     3.000%  12/15/2041                                   | Ralston Public Schools     3.000%  12/15/2041                                   | CUSIP: 259345QG4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $643755.00    | 1.40%             | 2041-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No 59/NE     3.500%  06/15/2043                  | Douglas County School District No 59/NE     3.500%  06/15/2043                  | CUSIP: 259353KH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $460855.00    | 1.00%             | 2043-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Westside Community Schools     5.000%  12/01/2038                               | Westside Community Schools     5.000%  12/01/2038                               | CUSIP: 259363VN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    235000 | PA      | $242910.10    | 0.53%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Schools     5.000%  12/01/2039                               | Westside Community Schools     5.000%  12/01/2039                               | CUSIP: 259363VP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $258187.50    | 0.56%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Island NE Combined Utility System Revenue     4.000%  08/15/2037  | City of Grand Island NE Combined Utility System Revenue     4.000%  08/15/2037  | CUSIP: 385630BK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $311778.00    | 0.68%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Island NE Sewer System Revenue     5.000%  09/15/2026             | City of Grand Island NE Sewer System Revenue     5.000%  09/15/2026             | CUSIP: 385658ES4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $256417.50    | 0.56%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gretna NE     5.000%  12/15/2025                                        | City of Gretna NE     5.000%  12/15/2025                                        | CUSIP: 397802QB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $627168.00    | 1.36%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Island Public Schools     5.000%  12/15/2033                              | Grand Island Public Schools     5.000%  12/15/2033                              | CUSIP: 406036GY3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $525585.00    | 1.14%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Island Public Schools     5.000%  12/15/2039                              | Grand Island Public Schools     5.000%  12/15/2039                              | CUSIP: 406036HC0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $523990.00    | 1.14%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County School District N0 576     4.000%  12/15/2038                       | Knox County School District N0 576     4.000%  12/15/2038                       | CUSIP: 49948LBA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    590000 | PA      | $599522.60    | 1.30%             | 2038-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of La Vista NE     5.000%  09/15/2028                                      | City of La Vista NE     5.000%  09/15/2028                                      | CUSIP: 505318WB7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $553970.00    | 1.20%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hershey Public Schools     4.000%  12/15/2027                                   | Hershey Public Schools     4.000%  12/15/2027                                   | CUSIP: 533297BG1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    235000 | PA      | $251358.35    | 0.54%             | 2027-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE     3.000%  12/01/2039                                       | City of Lincoln NE     3.000%  12/01/2039                                       | CUSIP: 534239FR4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    685000 | PA      | $627446.30    | 1.36%             | 2039-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE     3.000%  05/15/2033                                       | City of Lincoln NE     3.000%  05/15/2033                                       | CUSIP: 534239HG6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1114721.20   | 2.42%             | 2033-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE     5.000%  11/15/2026                                       | City of Lincoln NE     5.000%  11/15/2026                                       | CUSIP: 534239HP6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    410000 | PA      | $454489.10    | 0.99%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE     5.000%  11/15/2027                                       | City of Lincoln NE     5.000%  11/15/2027                                       | CUSIP: 534239HQ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    290000 | PA      | $329532.80    | 0.71%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE     5.000%  11/15/2030                                       | City of Lincoln NE     5.000%  11/15/2030                                       | CUSIP: 534239HT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $605755.00    | 1.31%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Solid Waste Management Revenue     4.000%  08/01/2025        | City of Lincoln NE Solid Waste Management Revenue     4.000%  08/01/2025        | CUSIP: 534338BD9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    275000 | PA      | $278107.50    | 0.60%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Solid Waste Management Revenue     4.000%  08/01/2027        | City of Lincoln NE Solid Waste Management Revenue     4.000%  08/01/2027        | CUSIP: 534338BF4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $404824.00    | 0.88%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Madison County Hospital Authority No 1     5.000%  07/01/2031                   | Madison County Hospital Authority No 1     5.000%  07/01/2031                   | CUSIP: 557352FL0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $528790.00    | 1.15%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Hospital Authority No 1     5.000%  07/01/2032                   | Madison County Hospital Authority No 1     5.000%  07/01/2032                   | CUSIP: 557352FM8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    335000 | PA      | $353173.75    | 0.77%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Hospital Authority No 1     5.000%  07/01/2033                   | Madison County Hospital Authority No 1     5.000%  07/01/2033                   | CUSIP: 557352FN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    450000 | PA      | $474565.50    | 1.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Hospital Authority No 1     5.000%  07/01/2034                   | Madison County Hospital Authority No 1     5.000%  07/01/2034                   | CUSIP: 557352FP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    215000 | PA      | $226805.65    | 0.49%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Utilities District of Omaha     4.000%  12/15/2026                 | Metropolitan Utilities District of Omaha     4.000%  12/15/2026                 | CUSIP: 592642DP4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $250317.50    | 0.54%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nebraska State Colleges Facilities Corp     5.000%  07/15/2033                  | Nebraska State Colleges Facilities Corp     5.000%  07/15/2033                  | CUSIP: 639684GU7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $594460.00    | 1.29%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District     5.000%  01/01/2041                           | Nebraska Public Power District     5.000%  01/01/2041                           | CUSIP: 63968AJ55<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $265890.00    | 0.58%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District     5.000%  01/01/2036                           | Nebraska Public Power District     5.000%  01/01/2036                           | CUSIP: 63968AQ32<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2500962.90   | 5.42%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority     3.850%  03/01/2038                    | Nebraska Investment Finance Authority     3.850%  03/01/2038                    | CUSIP: 63968MKP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    395000 | PA      | $379231.60    | 0.82%             | 2038-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE     4.000%  04/15/2037                                         | City of Omaha NE     4.000%  04/15/2037                                         | CUSIP: 6817125V3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $517060.00    | 1.12%             | 2037-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE     5.000%  04/15/2027                                         | City of Omaha NE     5.000%  04/15/2027                                         | CUSIP: 681712T39<br>LEI: N/A | Long             | DBT              | MUN               | US        |    955000 | PA      | $1051817.90   | 2.28%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE     5.000%  04/15/2028                                         | City of Omaha NE     5.000%  04/15/2028                                         | CUSIP: 681712T47<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $550585.00    | 1.19%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority     5.000%  12/15/2027                                  | Omaha Airport Authority     5.000%  12/15/2027                                  | CUSIP: 681725JR9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $544955.00    | 1.18%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority     5.000%  12/15/2036                                  | Omaha Airport Authority     5.000%  12/15/2036                                  | CUSIP: 681725KA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061050.00   | 2.30%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Facilities Corp     4.000%  04/15/2032                             | Omaha Public Facilities Corp     4.000%  04/15/2032                             | CUSIP: 681785MP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $279337.50    | 0.61%             | 2032-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     5.000%  11/15/2029                           | City of Omaha NE Sewer Revenue     5.000%  11/15/2029                           | CUSIP: 681810KN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $263180.00    | 0.57%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     5.000%  11/15/2030                           | City of Omaha NE Sewer Revenue     5.000%  11/15/2030                           | CUSIP: 681810KP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $263090.00    | 0.57%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     5.000%  11/15/2031                           | City of Omaha NE Sewer Revenue     5.000%  11/15/2031                           | CUSIP: 681810KQ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $526925.00    | 1.14%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     4.000%  04/01/2035                           | City of Omaha NE Sewer Revenue     4.000%  04/01/2035                           | CUSIP: 681810LP0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $259057.50    | 0.56%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     4.000%  04/01/2037                           | City of Omaha NE Sewer Revenue     4.000%  04/01/2037                           | CUSIP: 681810MY0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $791062.50    | 1.71%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     4.000%  04/01/2038                           | City of Omaha NE Sewer Revenue     4.000%  04/01/2038                           | CUSIP: 681810MZ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $415996.00    | 0.90%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Sewer Revenue     4.000%  04/01/2039                           | City of Omaha NE Sewer Revenue     4.000%  04/01/2039                           | CUSIP: 681810NA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $258707.50    | 0.56%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE     3.750%  01/15/2038                                         | City of Omaha NE     3.750%  01/15/2038                                         | CUSIP: 68189PGY4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $513225.00    | 1.11%             | 2038-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District     5.000%  02/01/2046                              | Omaha Public Power District     5.000%  02/01/2046                              | CUSIP: 682001GZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096120.00   | 2.38%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District Nebraska City Station Unit 2     5.000%  02/01/2032 | Omaha Public Power District Nebraska City Station Unit 2     5.000%  02/01/2032 | CUSIP: 682004EA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $264327.50    | 0.57%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District Nebraska City Station Unit 2     5.000%  02/01/2031 | Omaha Public Power District Nebraska City Station Unit 2     5.000%  02/01/2031 | CUSIP: 682004FA9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    445000 | PA      | $482731.55    | 1.05%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District Nebraska City Station Unit 2     4.000%  02/01/2032 | Omaha Public Power District Nebraska City Station Unit 2     4.000%  02/01/2032 | CUSIP: 682004FB7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $418180.00    | 0.91%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District Nebraska City Station Unit 2     4.000%  02/01/2035 | Omaha Public Power District Nebraska City Station Unit 2     4.000%  02/01/2035 | CUSIP: 682004FE1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    365000 | PA      | $378045.10    | 0.82%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Papillion Municipal Facilities Corp     3.000%  12/15/2034                      | Papillion Municipal Facilities Corp     3.000%  12/15/2034                      | CUSIP: 698864HS7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    435000 | PA      | $435926.55    | 0.95%             | 2034-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Papio-Missouri River Natural Resource District     3.000%  12/01/2041           | Papio-Missouri River Natural Resource District     3.000%  12/01/2041           | CUSIP: 698874FW9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $268974.00    | 0.58%             | 2041-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District No 19     3.000%  06/15/2039                        | Polk County School District No 19     3.000%  06/15/2039                        | CUSIP: 731305BJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    455000 | PA      | $397460.70    | 0.86%             | 2039-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Saline NE     3.000%  02/15/2034                                      | County of Saline NE     3.000%  02/15/2034                                      | CUSIP: 79517YBY0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    365000 | PA      | $354743.50    | 0.77%             | 2034-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Saline NE     3.000%  02/15/2035                                      | County of Saline NE     3.000%  02/15/2035                                      | CUSIP: 79517YBZ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $287958.00    | 0.62%             | 2035-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools     5.000%  12/15/2035                                    | Gretna Public Schools     5.000%  12/15/2035                                    | CUSIP: 803770QZ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $271275.00    | 0.59%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools     3.000%  12/15/2046                                    | Gretna Public Schools     3.000%  12/15/2046                                    | CUSIP: 803770VZ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $839580.00    | 1.82%             | 2046-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools     5.000%  12/15/2027                                    | Gretna Public Schools     5.000%  12/15/2027                                    | CUSIP: 803770XB7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $536470.00    | 1.16%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarpy County School District No 1     3.500%  12/15/2035                        | Sarpy County School District No 1     3.500%  12/15/2035                        | CUSIP: 80381LBM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $254832.50    | 0.55%             | 2035-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ashland-Greenwood Public Schools     3.000%  12/15/2044                         | Ashland-Greenwood Public Schools     3.000%  12/15/2044                         | CUSIP: 804494GQ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    950000 | PA      | $760057.00    | 1.65%             | 2044-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ashland-Greenwood Public Schools     3.000%  12/15/2046                         | Ashland-Greenwood Public Schools     3.000%  12/15/2046                         | CUSIP: 804494GR7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $797530.00    | 1.73%             | 2046-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Scotts Bluff County School District No 32     5.000%  12/01/2031                | Scotts Bluff County School District No 32     5.000%  12/01/2031                | CUSIP: 810181DS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $270902.50    | 0.59%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Community College     3.000%  03/15/2045                              | Southeast Community College     3.000%  03/15/2045                              | CUSIP: 84134UBN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $412505.00    | 0.89%             | 2045-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Nebraska Facilities Corp     5.000%  07/15/2025                   | University of Nebraska Facilities Corp     5.000%  07/15/2025                   | CUSIP: 914639KE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $213300.00    | 0.46%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Nebraska     5.000%  07/01/2035                                   | University of Nebraska     5.000%  07/01/2035                                   | CUSIP: 9146414Z5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595355.00   | 3.46%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Nebraska     5.000%  05/15/2035                                   | University of Nebraska     5.000%  05/15/2035                                   | CUSIP: 9146415T8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $531305.00    | 1.15%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Nebraska     5.000%  05/15/2033                                   | University of Nebraska     5.000%  05/15/2033                                   | CUSIP: 9146416U4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $270347.50    | 0.59%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Nebraska     4.000%  07/01/2031                                   | University of Nebraska     4.000%  07/01/2031                                   | CUSIP: 9146417M1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $264907.50    | 0.57%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-31

**Name of Applicant:** Viking Mutual Funds

**Signature:** Shelly Nahrstedt

**Name of Signer:** Shelly Nahrstedt

**Title:** Treasurer