# EDGAR Filing Document

**Accession Number:** 0001082744
**File Stem:** 0000899635-23-000063
**Filing Date:** 2023-3
**Character Count:** 20325
**Document Hash:** 89f17f866eac62a82ad8420817638d0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899635-23-000063.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0000899635-23-000063

**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:** 23783874

**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:** 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:** $10715768.90

**Total Liabilities:** $34707.98

**Net Assets:** $10681060.92

**Cash Not Reported:** $387460.57

**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 C000193244 | 4.66%                | -2.31%               | -0.24%               |
| Class ID C000193245 | 4.81%                | 0.20%                | 2.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $364669.03                                 |
| Month 2  | $0.00                    | $-452.49                                   |
| Month 3  | $0.00                    | $225857.55                                 |

### 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 Biddeford ME     4.000%  10/01/2026                                   | City of Biddeford ME     4.000%  10/01/2026                                   | CUSIP: 088833NN4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $268292.50    | 2.51%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Brunswick ME     2.500%  11/01/2041                                   | Town of Brunswick ME     2.500%  11/01/2041                                   | CUSIP: 117205NS9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $402995.00    | 3.77%             | 2041-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Town of Kennebunk ME     2.000%  10/01/2035                                   | Town of Kennebunk ME     2.000%  10/01/2035                                   | CUSIP: 489278FU0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $509802.00    | 4.77%             | 2035-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| City of Lewiston ME     2.750%  03/15/2038                                    | City of Lewiston ME     2.750%  03/15/2038                                    | CUSIP: 52850CRU1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $86796.00     | 0.81%             | 2038-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| City of Lewiston ME     2.750%  03/15/2039                                    | City of Lewiston ME     2.750%  03/15/2039                                    | CUSIP: 52850CRV9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $217602.50    | 2.04%             | 2039-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| City of Lewiston ME     2.750%  03/15/2040                                    | City of Lewiston ME     2.750%  03/15/2040                                    | CUSIP: 52850CRW7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $214502.50    | 2.01%             | 2040-03-15      | Fixed         | 2.75%                 | 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      | $5011.70      | 0.05%             | 2031-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.250%  07/01/2023 | Maine Health & Higher Educational Facilities Authority     5.250%  07/01/2023 | CUSIP: 5604276G6<br>LEI: N/A | Long             | DBT              | MUN               | US        |     40000 | PA      | $39872.00     | 0.37%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2039 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2039 | CUSIP: 560427C95<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $775777.50    | 7.26%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2034 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2034 | CUSIP: 560427E36<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $258662.50    | 2.42%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2029 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2029 | CUSIP: 560427Y67<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034930.00   | 9.69%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2030 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2030 | CUSIP: 560427Y83<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $516900.00    | 4.84%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2031 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2031 | CUSIP: 560427Y91<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $517680.00    | 4.85%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2023 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2023 | CUSIP: 56042RBP6<br>LEI: N/A | Long             | DBT              | MUN               | US        |     15000 | PA      | $15175.35     | 0.14%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2026 | Maine Health & Higher Educational Facilities Authority     5.000%  07/01/2026 | CUSIP: 56042RFT4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    940000 | PA      | $1014645.40   | 9.50%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority     3.000%  07/01/2039 | Maine Health & Higher Educational Facilities Authority     3.000%  07/01/2039 | CUSIP: 56042RTR3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $212885.00    | 1.99%             | 2039-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank     4.000%  11/01/2038                              | Maine Municipal Bond Bank     4.000%  11/01/2038                              | CUSIP: 56045RGG8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    125000 | PA      | $125225.00    | 1.17%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank     5.000%  11/01/2025                              | Maine Municipal Bond Bank     5.000%  11/01/2025                              | CUSIP: 56045RGT0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    125000 | PA      | $125408.75    | 1.17%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank     5.000%  11/01/2027                              | Maine Municipal Bond Bank     5.000%  11/01/2027                              | CUSIP: 56045RPN3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $105228.00    | 0.99%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank     3.000%  11/01/2040                              | Maine Municipal Bond Bank     3.000%  11/01/2040                              | CUSIP: 56045RX38<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $212362.50    | 1.99%             | 2040-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     3.000%  11/15/2036                          | Maine State Housing Authority     3.000%  11/15/2036                          | CUSIP: 56052FEZ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $353620.00    | 3.31%             | 2036-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     3.350%  11/15/2044                          | Maine State Housing Authority     3.350%  11/15/2044                          | CUSIP: 56052FPF6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    155000 | PA      | $124159.65    | 1.16%             | 2044-11-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     2.500%  11/15/2045                          | Maine State Housing Authority     2.500%  11/15/2045                          | CUSIP: 56052FRM9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    165000 | PA      | $117202.80    | 1.10%             | 2045-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     2.250%  11/15/2045                          | Maine State Housing Authority     2.250%  11/15/2045                          | CUSIP: 56052FTN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $160260.00    | 1.50%             | 2045-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority     5.000%  06/15/2037                          | Maine State Housing Authority     5.000%  06/15/2037                          | CUSIP: 56052UBL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $111714.00    | 1.05%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority     4.000%  07/01/2032                               | Maine Turnpike Authority     4.000%  07/01/2032                               | CUSIP: 560543CA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $254830.00    | 2.39%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland ME General Airport Revenue     5.000%  07/01/2023            | City of Portland ME General Airport Revenue     5.000%  07/01/2023            | CUSIP: 736564CP8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $101308.00    | 0.95%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland ME General Airport Revenue     5.000%  07/01/2024            | City of Portland ME General Airport Revenue     5.000%  07/01/2024            | CUSIP: 736564CQ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $101375.00    | 0.95%             | 2024-07-01      | Fixed         | 5.00%                 | 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      | $240845.00    | 2.25%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Portland Water District     3.000%  11/01/2039                                | Portland Water District     3.000%  11/01/2039                                | CUSIP: 736606EA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $471535.00    | 4.41%             | 2039-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Portland Water District Water System Revenue     2.000%  11/01/2036           | Portland Water District Water System Revenue     2.000%  11/01/2036           | CUSIP: 736606EZ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $201665.00    | 1.89%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Regional School Unit No 26     3.000%  09/01/2044                             | Regional School Unit No 26     3.000%  09/01/2044                             | CUSIP: 75915LAZ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    475000 | PA      | $392136.25    | 3.67%             | 2044-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Town of Scarborough ME     4.000%  11/01/2028                                 | Town of Scarborough ME     4.000%  11/01/2028                                 | CUSIP: 806075YF8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $101172.00    | 0.95%             | 2028-11-01      | 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      | $103469.00    | 0.97%             | 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        |    500000 | PA      | $520635.00    | 4.87%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Waterville ME     4.000%  07/01/2025                                  | City of Waterville ME     4.000%  07/01/2025                                  | CUSIP: 942231NP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    135000 | PA      | $135240.30    | 1.27%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells-Ogunquit Community School District     4.000%  11/01/2024               | Wells-Ogunquit Community School District     4.000%  11/01/2024               | CUSIP: 950078AR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $102524.00    | 0.96%             | 2024-11-01      | 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