Viking Tax-Free Fund for North Dakota — new fund registration

VIKING MUTUAL FUNDS registered 3 new fund series on Form 485APOS, filed 2009-04-20. Featured series: Viking Tax-Free Fund for North Dakota.

Registration

Registrant / trust: VIKING MUTUAL FUNDS
CIK: 0001082744
Form: 485APOS
Filed: 2009-04-20
State of incorporation: DE
Accession: 0000898432-09-000533
Reported net assets: $19.1M

Series & classes (4)

Series	Class	Ticker	New
VIKING TAX-FREE FUND FOR MONTANA	Viking Tax-Free Fund for Montana	VMTTX	—
Viking Tax-Free Fund for North Dakota	Viking Tax-Free Fund for North Dakota	VNDFX	Yes
Viking Large-Cap Value Fund	Viking Large-Cap Value Fund	—	Yes
Viking Small-Cap Value Fund	Viking Small-Cap Value Fund	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.38%
Management fee: 0.50%
Net expense ratio: 0.98%
Other expenses: 0.63%

Investment objective

The Viking Tax-Free Fund for North Dakota (the Fund) seeks the highest level of current income that is exempt from federal and North Dakota personal income taxes and is consistent with preservation of capital.

Advisers

Viking Fund Management, LLC (Advisor)