# EDGAR Filing Document

**Accession Number:** 0001082744
**File Stem:** 0001082744-25-000095
**Filing Date:** 2025-9
**Character Count:** 12530
**Document Hash:** 944f67e1a1d05aadb6550867e3a330fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001082744-25-000095.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001082744-25-000095

**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:** 251341254

**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

### Maine Municipal Fund (Series ID: S000058943)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193244 | Class A      | MEMUX           |
| C000193245 | Class I      | MEIMX           |

## 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:** Maine Municipal Fund

- **b. EDGAR series identifier (if any):** S000058943

- **c. LEI of Series:** 549300AYCNZEXHNGCQ68

**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:** $7129531.06

**Total Liabilities:** $39520.69

**Net Assets:** $7090010.37

**Cash Not Reported:** $828176.18

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** -37.38 | **10-Year:** -1659.84 | **30-Year:** -5889.68

**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 C000193244 | -2.82%               | -2.41%               | -2.95%               |
| Class ID C000193245 | -0.26%               | 0.06%                | -0.48%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6533.60                | $-40111.84                                 |
| Month 2  | $0.00                    | $-10925.01                                 |
| Month 3  | $3756.15                 | $-63520.54                                 |

### 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 Auburn ME     4.000%  09/01/2049                                      | City of Auburn ME     4.000%  09/01/2049                                      | CUSIP: 050375YL2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    215000 | PA      | $180522.60    | 2.55%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Augusta ME     5.000%  10/01/2043                                     | City of Augusta ME     5.000%  10/01/2043                                     | CUSIP: 051411YX8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $711438.00    | 10.03%            | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Bar Harbor ME     5.000%  09/01/2049                                  | Town of Bar Harbor ME     5.000%  09/01/2049                                  | CUSIP: 066878NN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $255837.50    | 3.61%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bath ME     4.000%  05/01/2044                                        | City of Bath ME     4.000%  05/01/2044                                        | CUSIP: 071059WK1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $271296.00    | 3.83%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Gorham ME     4.000%  09/01/2040                                      | Town of Gorham ME     4.000%  09/01/2040                                      | CUSIP: 383010PY5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    265000 | PA      | $256848.60    | 3.62%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lewiston ME     4.000%  03/15/2037                                    | City of Lewiston ME     4.000%  03/15/2037                                    | CUSIP: 52850CUC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    310000 | PA      | $309026.60    | 4.36%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     4.500%  07/01/2031 | Maine Health & Higher Educational Facilities Authority     4.500%  07/01/2031 | CUSIP: 5604276E1<br>LEI: N/A | Long             | DBT              | MUN               | US        |      5000 | PA      | $5005.70      | 0.07%             | 2031-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     4.000%  07/01/2045 | Maine Health & Higher Educational Facilities Authority     4.000%  07/01/2045 | CUSIP: 56042RYH9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $209915.00    | 2.96%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2043 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2043 | CUSIP: 56042SBV1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    275000 | PA      | $275324.50    | 3.88%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.250%  07/01/2048 | Maine Health & Higher Educational Facilities Authority     5.250%  07/01/2048 | CUSIP: 56042SCY4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011780.00   | 14.27%            | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank     5.000%  11/01/2042                              | Maine Municipal Bond Bank     5.000%  11/01/2042                              | CUSIP: 56045SBU0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $258335.00    | 3.64%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     4.950%  11/15/2048                          | Maine State Housing Authority     4.950%  11/15/2048                          | CUSIP: 56052FF34<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $880704.00    | 12.42%            | 2048-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     4.450%  11/15/2044                          | Maine State Housing Authority     4.450%  11/15/2044                          | CUSIP: 56052FG58<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $481565.00    | 6.79%             | 2044-11-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     4.950%  11/15/2047                          | Maine State Housing Authority     4.950%  11/15/2047                          | CUSIP: 56052FYZ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $200494.00    | 2.83%             | 2047-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| City of Portland ME General Airport Revenue     4.000%  01/01/2040            | City of Portland ME General Airport Revenue     4.000%  01/01/2040            | CUSIP: 736564ER2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $229692.50    | 3.24%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine School Administrative District No 51     4.000%  10/15/2029             | Maine School Administrative District No 51     4.000%  10/15/2029             | CUSIP: 807688JF4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $100169.00    | 1.41%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine School Administrative District No 28     4.000%  05/01/2036             | Maine School Administrative District No 28     4.000%  05/01/2036             | CUSIP: 80784PAT5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $301515.00    | 4.25%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of York ME     4.000%  10/01/2042                                        | Town of York ME     4.000%  10/01/2042                                        | CUSIP: 987092KH5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    165000 | PA      | $154098.45    | 2.17%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of York ME     4.000%  10/01/2043                                        | Town of York ME     4.000%  10/01/2043                                        | CUSIP: 987092KJ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    140000 | PA      | $129341.80    | 1.82%             | 2043-10-01      | Fixed         | 4.00%                 | 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