# EDGAR Filing Document

**Accession Number:** 0000893730
**File Stem:** 0000893730-25-000197
**Filing Date:** 2025-12
**Character Count:** 25053
**Document Hash:** ce0ed6a62fd05a5f4a90a480a47a8c57
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000893730-25-000197.hdr.sgml**: 20251203

**ACCESSION NUMBER**: 0000893730-25-000197

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251203

**DATE AS OF CHANGE**: 20251203

**EFFECTIVENESS DATE**: 20251203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INTEGRITY FUNDS
- **CENTRAL INDEX KEY:** 0000893730

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

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-53698
- **FILM NUMBER:** 251545220

**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:** Integrity Viking Funds
- **DATE OF NAME CHANGE:** 20130910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INTEGRITY FUNDS
- **DATE OF NAME CHANGE:** 20030620

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CANANDAIGUA FUNDS
- **DATE OF NAME CHANGE:** 19980209

## Series and Classes Contracts Data

### Integrity High Income Fund (Series ID: S000000140)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000000308 | Integrity High Income Fund Class A  | IHFAX           |
| C000000309 | Integrity High Income Fund Class C  | IHFCX           |
| C000171907 | Integrity High Income Fund, Class I | IHFIX           |

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| | |
|:---|:---|
| **Integrity High Income Fund** | &nbsp;&nbsp; ![](x25120214471000.jpg) |
| &nbsp;&nbsp; Summary Prospectus ║ December 3, 2025 | &nbsp;&nbsp; ![](x25120214471000.jpg) |
| &nbsp;&nbsp; **Ticker:** IHFAX (Class A); IHFCX (Class C); IHFIX (Class I) | &nbsp;&nbsp; ![](x25120214471000.jpg) |

---

Before you invest, you may want to review the Fund's statutory prospectus and statement of additional information, which contain more information about the Fund and its risks. The current statutory prospectus and statement of additional information dated November 30, 2025 are incorporated by reference into this Summary Prospectus. You can find the Fund's statutory prospectus, statement of additional information, reports to shareholders, and other information about the Fund online at www.integrityvikingfunds/documents. You can also get this information at no cost by calling 800-276-1262 or by sending an email request to marketing@integrity.viking.com or from your financial professional.

**Investment Objective**

The Integrity High Income Fund (the "Fund") seeks to provide a high level of current income with capital appreciation as a secondary objective.

**Fees and Expenses of the Fund**

This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. **You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.** You may qualify for sales charge discounts with respect to purchases of Class A shares of the Fund if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund or in other funds in the Integrity/Viking family of funds. More information about these and other discounts is available from your financial professional and in "The Shares Offered; Class A Shares" and "How to Reduce Your Sales Charge" on page 43 and 46, respectively, of the Fund's prospectus, Appendix A of the Fund's prospectus, and "Purchase and Redemption of Shares" on page B-53 of the Fund's statement of additional information.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; **Shareholder Fees** (fees paid directly from your investment) | &nbsp;&nbsp; Class A<br> Shares | &nbsp;&nbsp; Class C<br> Shares | &nbsp;&nbsp; Class I<br> Shares |
| &nbsp;&nbsp; Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | &nbsp;&nbsp; 4.25% |  |  |
| &nbsp;&nbsp; Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of purchase price or redemption proceeds) | &nbsp;&nbsp; 1.00% | &nbsp;&nbsp; 1.00% |  |
| &nbsp;&nbsp; Maximum Sales Charge (Load) Imposed on Reinvested Dividends |  |  |  |
| &nbsp;&nbsp; Redemption Fee |  |  |  |
| &nbsp;&nbsp; Exchange Fee |  |  |  |
| &nbsp;&nbsp; **Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) | &nbsp;&nbsp; **Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) | &nbsp;&nbsp; **Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) | &nbsp;&nbsp; **Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| &nbsp;&nbsp; Management Fees | &nbsp;&nbsp; 0.85% | &nbsp;&nbsp; 0.85% | &nbsp;&nbsp; 0.85% |
| &nbsp;&nbsp; Distribution and Service (12b-1) Fees | &nbsp;&nbsp; 0.25% | &nbsp;&nbsp; 1.00% |  |
| &nbsp;&nbsp; Other Expenses | &nbsp;&nbsp; <u>0.56%</u> | &nbsp;&nbsp; <u>0.57%</u> | &nbsp;&nbsp; <u>0.56%</u> |
| &nbsp;&nbsp; Total Annual Fund Operating Expenses | &nbsp;&nbsp; 1.66% | &nbsp;&nbsp; 2.42% | &nbsp;&nbsp; 1.41% |
| &nbsp;&nbsp; Fee Waivers and Expense Reimbursements<sup>(1)</sup> | &nbsp;&nbsp; <u>(0.57%)</u> | &nbsp;&nbsp; <u>(0.58%)</u> | &nbsp;&nbsp; <u>(0.57%)</u> |
| &nbsp;&nbsp; Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements<sup>(1)</sup> | &nbsp;&nbsp; 1.09% | &nbsp;&nbsp; 1.84% | &nbsp;&nbsp; 0.84% |

---

 <sup>(1)</sup> The Fund's investment adviser, Viking Fund Management, LLC (the "Adviser"), has contractually agreed to waive fees and reimburse expenses through November 29, 2026 so that Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements (excluding taxes, brokerage fees, commissions, extraordinary and non-recurring expenses, and acquired fund fees and expenses) do not exceed 1.09% of average daily net assets for Class A shares, 1.84% of average daily net assets for Class C shares, and 0.84% of average daily net assets for Class I shares. This expense limitation agreement may only be terminated or modified prior to November 29, 2026 with the approval of the Fund's Board of Trustees. The terms of the expense limitation agreement provide that the Adviser is entitled to recoup such amounts waived or reimbursed for a period of up to three years from the date on which the Adviser waived fees or reimbursed expenses for the Fund. The Fund will make repayments to the Adviser only if such repayment does not cause the annual Fund operating expenses (after the repayment is taken into account) to exceed both (1) the expense limitation in place when such amounts were waived and (2) the Fund's current expense limitation.

**Example—**This Example is intended to help you compare the cost of investing in the Fund with the costs of investing in other mutual funds. The Example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem your shares at those periods. The Example also assumes that your investment has a 5% return each year, that the Fund's operating expenses remain the same, and that the contractual expense limitation agreement remains in place for the first year. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **1 Year** | &nbsp;&nbsp; **3 Years** | &nbsp;&nbsp; **5 Years** | &nbsp;&nbsp; **10 Years** |
| &nbsp;&nbsp; **Redemption** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class A | &nbsp;&nbsp; $527 | &nbsp;&nbsp; $868 | &nbsp;&nbsp; $1233 | &nbsp;&nbsp; $2257 |
| &nbsp;&nbsp;&nbsp; Class C | &nbsp;&nbsp; $283 | &nbsp;&nbsp; $695 | &nbsp;&nbsp; $1235 | &nbsp;&nbsp; $2709 |
| &nbsp;&nbsp;&nbsp; Class I | &nbsp;&nbsp; $81 | &nbsp;&nbsp; $385 | &nbsp;&nbsp; $712 | &nbsp;&nbsp; $1637 |
| &nbsp;&nbsp; **No Redemption** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class C | &nbsp;&nbsp; $183 | &nbsp;&nbsp; $695 | &nbsp;&nbsp; $1235 | &nbsp;&nbsp; $2709 |

---

**Portfolio Turnover—**The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal period, the Fund's portfolio turnover rate was 27.70% of the average value of its portfolio.

Summary Prospectus \| Integrity High Income Fund \| December 3, 2025<br> Page 1

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**Principal Investment Strategies**

The Fund invests in a group of low-quality, high-risk, high yield corporate debt obligations. Under normal circumstances, at least 80% of the Fund's net assets (plus any borrowings made for investment purposes) will be invested in corporate bonds rated Baa by Moody's Investors Service ("Moody's") or BBB by S&P Global Ratings ("S&P") or lower. As a result, this includes high yield/lower-rated debt securities (also known as "junk" bonds) that are rated by an independent rating agency to be non-investment grade (e.g., BB or lower by S&P or Ba or lower by Moody's). Because of their low credit quality, these securities typically pay higher interest rates to compensate investors for the substantial credit risk they assume. The Fund may also invest in corporate issues that have defaulted. In addition, the Fund may invest in Rule 144A securities, which are generally privately placed securities purchased by qualified institutional buyers. While there are no restrictions on maturity, the Fund's portfolio generally has an average maturity of less than ten years. The Fund seeks capital appreciation from selling bonds above the purchase price.

To select the securities in which to invest, the Fund's sub-adviser conducts fundamental credit research on each issuer. The Fund will buy securities that the sub-adviser believes are attractively priced relative to current and expected fundamentals. The Fund may consider selling a security if, among other considerations, the issuer's business fundamentals have deteriorated.

**Principal Risks**

***As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. Many factors affect the Fund's net asset value and performance. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.***

**Market and Economic Risk:** Market risk is the risk that one or more markets in which the Fund invests will go down in value, including the possibility that the markets will go down sharply and unpredictably. Securities may decline in value due to factors affecting the securities markets generally, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The value of a security may also change in value due to factors that affect an individual issuer or a particular sector or industry. During a general downtown in the securities markets, multiple asset classes may decline in value simultaneously. When markets perform well, there can be no assurance that securities held by the Fund will participate in or otherwise benefit from the advance.

**Lower-Quality Debt Risk:** Lower-quality debt securities (also known as "junk bonds") and certain types of other securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. The value of lower-quality debt securities and certain types of other securities often fluctuates in response to company, political, or economic developments and can decline significantly over short periods of time or during periods of general or regional economic difficulty. Lower-quality debt securities can be thinly traded or have restrictions on resale, making them difficult to sell at an acceptable price. The default rate for lower-quality debt securities is likely to be higher during economic recessions or periods of high interest rates.

**Credit Risk:** Credit risk is the risk that the credit strength of an issuer will weaken and/or an issuer of a security will fail to pay principal and interest in a timely manner, reducing the Fund's total return. The Fund may invest in securities that are not investment grade and are generally considered speculative because they present a greater risk of loss, including default, than higher quality debt securities. Credit risk may be substantial for the Fund.

**Interest Rate Risk:** Interest rate risk is the risk that debt securities will decline in value because of changes in interest rates. As nominal interest rates rise, the value of certain debt securities held by the Fund is likely to decrease. Debt securities with longer maturities tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter maturities.

**Income Risk:** Income risk is the risk that the income from the Fund's portfolio will decline because of falling market interest rates. This can result when the Fund invests the proceeds from new share sales, or from matured or called bonds, at market interest rates that are below the portfolio's current earnings rate.

**Liquidity Risk:** Certain securities in which the Fund invests may be less readily marketable and may be subject to greater fluctuation in price than other securities. These features may make it more difficult to sell or buy a security at a favorable price or time.

**Management Risk:** The Fund's overall success depends on the sub-adviser's ability to choose productive securities for the Fund. If the sub-adviser is unable to successfully choose productive securities, the Fund may underperform other funds with similar investment objectives.

**Market Volatility Risk:** Market volatility risk is the risk that the value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies and/or general economic conditions. Price changes may be temporary or may last for extended periods. Volatile financial markets may expose the Fund to greater market and liquidity risk.

Summary Prospectus \| Integrity High Income Fund \| December 3, 2025<br> Page 2

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**Valuation Risk:** The sales price the Fund could receive for any particular portfolio investment may differ from the Fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.

**Cybersecurity Risk:** Cybersecurity breaches may allow an unauthorized party to gain access to Fund assets, customer data, or proprietary information, or cause the Fund and/or its service providers to suffer data corruption or lose operational functionality. The Fund's share price may decline as a result of unauthorized actions taken during a security breach or subsequent market activity in response to the security breach.

**Sector Risk:** To the extent that the Fund focuses on particular sectors from time to time, the Fund may be subject to greater risk of the adverse developments in such areas of focus than a fund that invests in a wider variety of sectors.

**Fund Performance**

The following bar chart and table provide some indication of the risks of investing in the Fund. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at <u>www.integrityvikingfunds.com</u> or by calling 800-276-1262.

The bar chart below shows the variability of the Fund's performance for Class A shares. The bar chart and highest/lowest quarterly returns that follow do not reflect sales charges, and if these charges were reflected, the returns would be less than those shown.

![](x25120214471000.gif)

During the ten-year period shown in the bar chart, the highest return for a quarter was 8.47% (quarter ended June 30, 2020) and the lowest return for a quarter was -11.48% (quarter ended March 31, 2020). The Fund's calendar year-to-date total return as of September 30, 2025 was 6.88%.

The table below shows the Fund's average annual total returns for 1, 5, and 10 years for Class A and Class C shares, and for 1 year, 5 years, and since inception for Class I shares, and how they compare with those of a broad measure of market performance and a supplemental index. The return information below reflects applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of any state and local taxes. After-tax returns are shown for Class A shares only; after-tax returns for Class C and Class I shares will vary. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans or individual retirement accounts ("IRAs").

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) | &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) | &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) | &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) | &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) | &nbsp;&nbsp; **Average Annual Total Returns**<br> (for the periods ended December 31, 2024) |
|  |  | &nbsp;&nbsp; **<u>1 Year</u>** | &nbsp;&nbsp; **<u>5 Years</u>** | &nbsp;&nbsp; **<u>10 Years</u>** | &nbsp;&nbsp; **<u>Since Inception</u>** |
| &nbsp;&nbsp; **Class A** | &nbsp;&nbsp; **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp; 3.06% | &nbsp;&nbsp; 2.98% | &nbsp;&nbsp; 4.24% | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | &nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | &nbsp;&nbsp; 0.82% | &nbsp;&nbsp; 1.01% | &nbsp;&nbsp; 2.14% | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares | &nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares | &nbsp;&nbsp; 1.36% | &nbsp;&nbsp; 1.40% | &nbsp;&nbsp; 2.28% | &nbsp;&nbsp; — |
| &nbsp;&nbsp; **Class C** | &nbsp;&nbsp; **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp; 5.74% | &nbsp;&nbsp; 3.08% | &nbsp;&nbsp; 3.90% | &nbsp;&nbsp; — |
| &nbsp;&nbsp; **Class I** *(inception date: August 1, 2016)* | &nbsp;&nbsp; **Class I** *(inception date: August 1, 2016)* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | &nbsp;&nbsp; 7.96% | &nbsp;&nbsp; 4.14% | &nbsp;&nbsp; — | &nbsp;&nbsp; 5.16% |
| &nbsp;&nbsp; **Bloomberg U.S. Aggregate Bond Index**<sup>(1)</sup> (reflects no deduction for fees, expenses, or taxes) | &nbsp;&nbsp; **Bloomberg U.S. Aggregate Bond Index**<sup>(1)</sup> (reflects no deduction for fees, expenses, or taxes) | &nbsp;&nbsp; 1.25% | &nbsp;&nbsp; -1.62% | &nbsp;&nbsp; 1.35% | &nbsp;&nbsp; 0.86% (Class I) |
| &nbsp;&nbsp; **Bloomberg U.S. Corporate High Yield Bond Index**<sup>(2)</sup> (reflects no deduction for fees, expenses, or taxes) | &nbsp;&nbsp; **Bloomberg U.S. Corporate High Yield Bond Index**<sup>(2)</sup> (reflects no deduction for fees, expenses, or taxes) | &nbsp;&nbsp; 8.19% | &nbsp;&nbsp; 4.21% | &nbsp;&nbsp; 5.17% | &nbsp;&nbsp; 5.32% (Class I) |
| &nbsp;&nbsp; <sup>(1)</sup> | &nbsp;&nbsp; The Bloomberg U.S. Aggregate Bond Index is a broad based, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the U.S. bond market.  | &nbsp;&nbsp; The Bloomberg U.S. Aggregate Bond Index is a broad based, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the U.S. bond market.  | &nbsp;&nbsp; The Bloomberg U.S. Aggregate Bond Index is a broad based, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the U.S. bond market.  | &nbsp;&nbsp; The Bloomberg U.S. Aggregate Bond Index is a broad based, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the U.S. bond market.  | &nbsp;&nbsp; The Bloomberg U.S. Aggregate Bond Index is a broad based, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the U.S. bond market.  |
| &nbsp;&nbsp; <sup>(2)</sup> | &nbsp;&nbsp; The Bloomberg U.S. Corporate High Yield Bond Index is an unmanaged index measures the USD-denominated, high yield, fixed-rate corporate bond market. | &nbsp;&nbsp; The Bloomberg U.S. Corporate High Yield Bond Index is an unmanaged index measures the USD-denominated, high yield, fixed-rate corporate bond market. | &nbsp;&nbsp; The Bloomberg U.S. Corporate High Yield Bond Index is an unmanaged index measures the USD-denominated, high yield, fixed-rate corporate bond market. | &nbsp;&nbsp; The Bloomberg U.S. Corporate High Yield Bond Index is an unmanaged index measures the USD-denominated, high yield, fixed-rate corporate bond market. | &nbsp;&nbsp; The Bloomberg U.S. Corporate High Yield Bond Index is an unmanaged index measures the USD-denominated, high yield, fixed-rate corporate bond market. |

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Summary Prospectus \| Integrity High Income Fund \| December 3, 2025<br> Page 3

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**Management**

**Investment Adviser—**Viking Fund Management, LLC is the Fund's investment adviser.

**Sub-Adviser—**J.P. Morgan Investment Management Inc. ("JPMIM") is the Fund's investment sub-adviser.

**Portfolio Managers—**Robert L. Cook, a Managing Director of JPMIM, and Thomas Hauser, a Managing Director of JPMIM, have served as the Fund's portfolio managers since May 2008 and are jointly responsible for the day-to-day management of the Fund's portfolio.

**Purchase and Sale of Fund Shares**

You may purchase, redeem, or exchange shares of the Fund on any day the New York Stock Exchange is open for business. You may purchase, redeem, or exchange shares of the Fund either through a financial advisor or directly from the Fund.

The minimum initial purchase or exchange into the Fund is $1,000 ($50 for accounts opened through an automatic investment plan account and $250 for an IRA account). The minimum subsequent investment is $50. The Fund may, however, accept investments of smaller initial or subsequent amounts at its discretion. Class I shares are not available for IRAs or employer sponsored IRAs, unless purchased through a fee-based advisory account with a financial intermediary. You may contact the Fund's transfer agent, Integrity Fund Services, LLC, by mail at PO Box 759, Minot, ND 58702, or by calling 800-601-5593.

**Tax Information**

The Fund's distributions will generally be taxed as ordinary income or capital gains, unless you are investing through a tax-advantaged arrangement, such as a 401(k) plan or an IRA. Such tax-advantaged arrangements may be taxed later upon a withdrawal from those arrangements.

**Payments to Broker-Dealers and Other Financial Intermediaries**

If you purchase the Fund through a broker-dealer or other financial intermediary (such as a bank), the Fund and its related companies may pay the intermediary for the sale of Fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary's website for more information.

Summary Prospectus \| Integrity High Income Fund \| December 3, 2025<br> Page 4