Expense Ratio History

VNDFX expense ratio history

Viking Tax-Free Fund for North Dakota, Viking Tax-Free Fund for North Dakota, Class A

Fund company
Viking Mutual
Type
Mutual fund

1.38%

In basis points
138 basis points
Yearly cost per $10,000
$138
Prospectus dated
30 November 2025, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.30% on 30 November 2025

Fee over time

VNDFX expense ratio: 1.35% until 30 Apr 2013, then 1.25%; 1.25% until 30 Apr 2015, then 1.24%; 1.24% until 30 Apr 2017, then 1.27%; 1.27% until 30 Apr 2018, then 1.29%; 1.29% until 28 Nov 2018, then 1.31%; 1.31% until 29 Nov 2019, then 1.32%; 1.32% until 30 Nov 2020, then 1.26%; 1.26% until 30 Nov 2021, then 1.24%; 1.24% until 30 Nov 2022, then 1.23%; 1.23% until 30 Nov 2023, then 1.28%; 1.28% until 30 Nov 2024, then 1.30%; 1.30% until 30 Nov 2025, then 1.38%; read at 1.38% on 30 Nov 2025.0.00%0.50%1.00%1.50%2.00%Apr 2012Aug 2014Dec 2016Apr 2019Aug 2021Dec 20231.35% before1.38% from 30 Nov 2025
VNDFX expense ratio: 1.35% until 30 Apr 2013, then 1.25%; 1.25% until 30 Apr 2015, then 1.24%; 1.24% until 30 Apr 2017, then 1.27%; 1.27% until 30 Apr 2018, then 1.29%; 1.29% until 28 Nov 2018, then 1.31%; 1.31% until 29 Nov 2019, then 1.32%; 1.32% until 30 Nov 2020, then 1.26%; 1.26% until 30 Nov 2021, then 1.24%; 1.24% until 30 Nov 2022, then 1.23%; 1.23% until 30 Nov 2023, then 1.28%; 1.28% until 30 Nov 2024, then 1.30%; 1.30% until 30 Nov 2025, then 1.38%; read at 1.38% on 30 Nov 2025.0.00%0.50%1.00%1.50%2.00%Apr 2012Dec 2016Aug 20211.35% before1.38% from 30 Nov 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 2 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
VNDFX (this page) Viking Tax-Free Fund for North Dakota, Class A 1.38% 0.98% 30 Nov 2025
VNDIX Viking Tax-Free Fund for North Dakota, Class I 1.13% 0.73% 30 Nov 2025

Every figure we've recorded

DateFeeWhat happened
30 Nov 2025 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2025 1.38% Raised from 1.30% to 1.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-11-26
30 Nov 2024 1.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2024 1.30% Raised from 1.28% to 1.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-11-27
30 Nov 2023 1.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2023 1.28% Raised from 1.23% to 1.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-11-29
30 Nov 2022 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2022 1.23% Cut from 1.24% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-11-28
30 Nov 2021 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2021 1.24% Cut from 1.26% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-12-03
30 Nov 2020 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Nov 2020 1.26% Cut from 1.32% to 1.26%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-12-04
29 Nov 2019 1.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Nov 2019 1.32% Raised from 1.31% to 1.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-12-06
28 Nov 2018 1.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Nov 2018 1.31% Raised from 1.29% to 1.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-12-06
30 Apr 2018 1.29% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2018 1.29% Raised from 1.27% to 1.29%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-05-07
30 Apr 2017 1.27% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2017 1.27% Raised from 1.24% to 1.27%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-05-08
30 Apr 2016 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2015 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-04-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Apr 2015 1.24% Cut from 1.25% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-11-05
30 Apr 2014 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2013 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2013 1.25% Cut from 1.35% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-05-10
30 Apr 2012 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.38% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,666 in fees over 10 years

After fees, $10,000 grows to $14,223.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$141
3 years$440
5 years$760
10 years$1,666

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 15 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees

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