# EDGAR Filing Document

**Accession Number:** 0001082744
**File Stem:** 0001082744-26-000002
**Filing Date:** 2026-1
**Character Count:** 8667
**Document Hash:** 5b2b4d143dfeef3c5e0d0075e7d10470
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001082744-26-000002.hdr.sgml**: 20260108

**ACCESSION NUMBER**: 0001082744-26-000002

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260108

**DATE AS OF CHANGE**: 20260108

**EFFECTIVENESS DATE**: 20260108

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-77993
- **FILM NUMBER:** 26518109

**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

### Viking Tax-Free Fund for Montana (Series ID: S000003821)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                | Ticker Symbol | Class ID   |
| Viking Tax-Free Fund for Montana, Class A | VMTTX         | C000010660 |
| Viking Tax-Free Fund for Montana, Class I | VMTIX         | C000171899 |

---

### Viking Tax-Free Fund for North Dakota (Series ID: S000026083)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                     | Ticker Symbol | Class ID   |
| Viking Tax-Free Fund for North Dakota, Class A | VNDFX         | C000078180 |
| Viking Tax-Free Fund for North Dakota, Class I | VNDIX         | C000171900 |

---

### Kansas Municipal Fund (Series ID: S000058942)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | KSMUX         | C000193242 |
| Class I    | KSITX         | C000193243 |

---

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

---

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

---

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

---

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

---

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

---

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

---

## Series and Classes Contracts Data

### Viking Tax-Free Fund for Montana (Series ID: S000003821)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000010660 | Viking Tax-Free Fund for Montana, Class A | VMTTX           |
| C000171899 | Viking Tax-Free Fund for Montana, Class I | VMTIX           |

### Viking Tax-Free Fund for North Dakota (Series ID: S000026083)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000078180 | Viking Tax-Free Fund for North Dakota, Class A | VNDFX           |
| C000171900 | Viking Tax-Free Fund for North Dakota, Class I | VNDIX           |

### Kansas Municipal Fund (Series ID: S000058942)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193242 | Class A      | KSMUX           |
| C000193243 | Class I      | KSITX           |

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

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

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

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

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

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

**<u>VIKING MUTUAL FUNDS</u>**

**Kansas Municipal Fund<br> Maine Municipal Fund<br> Nebraska Municipal Fund<br> Oklahoma Municipal Fund<br> Viking Tax-Free Fund for Montana<br> Viking Tax-Free Fund for North Dakota**<br> (each a "Fund" and collectively, the "Funds")

**Supplement dated January 8, 2026, to the Prospectus<br> and Statement of Additional Information dated November 30, 2025**

**The changes set forth below relate to the intermediary-specific sales charge waivers and discounts for Fund shares purchased through Robert W. Baird & Co.**

**<u>Policies Regarding Transactions Through R.W. Baird & Co. ("Baird")</u>**

*The following information has been provided by Baird:*

**Effective on or after January 8, 20206, shareholders purchasing fund shares through a Baird platform or account will only be eligible for the following sales charge waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or the SAI.**

**Front-End Sales Charge Waivers on Investors A-shares Available at Baird**

---

| | |
|:---|:---|
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares purchased by employees and registered representatives of Baird or its affiliates and their family members as designated by Baird |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares purchased within 90 days following a redemption from a Integrity/Viking Funds Fund, provided (1) the redemption and purchase occur within the purchaser's Baird household and (2) the redeemed shares were subject to a front-end or deferred sales charge (known as rights of reinstatement) |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; A shareholder in the Fund's Investor C Shares will have their share converted at net asset value to Investor A shares of the same fund if the shares are no longer subject to CDSC and the conversion is in line with the policies and procedures of Baird |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Employer-sponsored retirement plans or charitable accounts in a transactional brokerage account at Baird, including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs |

---

**CDSC Waivers on Investor A and C shares Available at Baird**

---

| | |
|:---|:---|
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares sold due to death or disability of the shareholder |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares sold as part of a systematic withdrawal plan as described in the Fund's Prospectus |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares bought due to returns of excess contributions from an IRA Account |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable Internal Revenue Service regulations as described in the Fund's prospectus |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares sold to pay Baird fees but only if the transaction is initiated by Baird |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Shares acquired through a right of reinstatement |

---

**Front-End Sales Charge Discounts Available at Baird: Breakpoints and/or Rights of Accumulations**

---

| | |
|:---|:---|
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Breakpoints as described in this prospectus. |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Rights of accumulations which entitles shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of Integrity/Viking Funds assets held by accounts within the purchaser's household at Baird. Eligible Integrity/Viking Funds assets not held at Baird may be included in the rights of accumulations calculation only if the shareholder notifies his or her financial advisor about such assets |
| &nbsp;&nbsp; Ÿ | &nbsp;&nbsp; Letters of Intent (LOI) allow for breakpoint discounts based on anticipated purchases of Integrity/Viking Funds through Baird, over a 13-month period of time |

---

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Intermediary Specific Sales Charge Waivers and Discounts \| January 8, 2026<br> Page A-1