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Victory Low Duration Bond A (RLDAX)

9.91
+0.01
+(0.10%)
At close: 8:04:26 PM EDT

Fund Summary

The fund invests, under normal circumstances, at least 80% of its assets in debt securities. It may invest up to 20% of its total assets in below investment grade debt securities, commonly known as "high-yield" securities or "junk bonds." Although the fund will primarily be invested in domestic securities, up to 20% of the fund's assets may be invested in foreign securities, which may be denominated in foreign currencies.

Victory Low Duration Bond A

Columbus OH 43219
3435 Stelzer Rd, Suite 1000
800-539-3863

Fund Overview

Category Short-Term Bond
Fund Family Victory Capital
Net Assets 100.03M
YTD Return 1.54%
Yield 4.08%
Morningstar Rating
Inception Date Jul 30, 2003

Fund Operations

Last Dividend 0.10
Last Cap Gain -32.00
Holdings Turnover 38.00%
Average for Category --

Fees & Expenses

Expense RLDAX Category Average
Annual Report Expense Ratio (net) 0.85% 0.68%
Prospectus Net Expense Ratio 0.85% --
Prospectus Gross Expense Ratio 0.96% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 2.59%
Max Deferred Sales Load -- 1.12%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

CFA, Portfolio Manager and Senior Fixed Income Analyst, Victory Income Investors, a Victory Capital investment franchise, has co-managed the Fund since July 2023. Mr. Winters has 16 years of investment management experience, including 12 years with AMCO, which was acquired by the Adviser’s parent company in 2019. Along with his role as portfolio manager, Mr. Winters is also an analyst covering the commercial mortgage backed securities, cell tower, and lodging sectors. Prior to joining the fixed income team, he was on the equity research and asset allocation teams at AMCO. Education: B.B.A in finance, Texas State University; M.B.A., St. Mary’s University. He holds the CFA designation.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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