Fixed Income Fund (MFHRX)

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Investment Objective - The investment objective of the Monteagle Fixed Income Fund is total return.

Principal Investment Strategy - The Fund seeks to achieve its objective of total return through capital appreciation on the bonds and other securities held and income on those securities held. Under normal circumstances, at least 80 percent of Monteagle Fixed Income Fund's (the "Fund") assets will be fixed income securities, including U.S. government securities, securities issued by agencies of the U.S. government, taxable municipal bonds and corporate debt securities with no more than 70% in any one category. The Fund, based on assessment of market conditions, will either lengthen or shorten the average maturity of the portfolio and/or switch between bonds of different sectors, with the view of maximizing the total return for the types of obligations purchased. The securities purchased will be with maturities ranging from overnight to 30 years.