30/08/2024 | Press release | Distributed by Public on 30/08/2024 21:11
Victory High Income Fund
|
|||||
Fund Shares
|
Institutional Shares
|
Class A
|
Class C
|
Class R6
|
|
USHYX
|
UIHIX
|
-
|
-
|
URHIX
|
Fund
Shares
|
Institutional
Shares
|
Class R6
|
|
Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price)
|
None
|
None
|
None
|
Maximum Deferred Sales Charge (Load)
(as a percentage of the lower of purchase or sale price)
|
None
|
None
|
None
|
Management Fees1
|
0.48%
|
0.49%
|
0.53%
|
Distribution and/or Service (12b-1) Fees
|
0.00%
|
0.00%
|
0.00%
|
Other Expenses
|
0.33%
|
0.24%
|
1.64%
|
Total Annual Fund Operating Expenses
|
0.81%
|
0.73%
|
2.17%
|
Fee Waiver/Expense Reimbursement2
|
0.00%
|
(0.01)%
|
(1.49)%
|
Total Annual Fund Operating Expenses After Fee Waiver and/or
Expense Reimbursement2
|
0.81%
|
0.72%
|
0.68%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Fund Shares
|
$83
|
$259
|
$450
|
$1,002
|
Institutional Shares
|
$74
|
$232
|
$405
|
$906
|
Class R6
|
$69
|
$535
|
$1,028
|
$2,386
|
During the periods shown in the chart:
|
Returns
|
Quarter ended
|
Highest Quarter
|
10.43%
|
June 30, 2020
|
Lowest Quarter
|
-16.32%
|
March 31, 2020
|
Year-to-date return
|
1.47%
|
June 30, 2024
|
Average Annual Total Returns
(For the Periods Ended December 31, 2023)
|
1 Year
|
5 Years
|
10 Years
(or Life
of Class)
|
FUND SHARES Before Taxes
|
13.06%
|
4.53%
|
3.71%
|
FUND SHARES After Taxes on Distributions
|
9.71%
|
2.10%
|
1.24%
|
FUND SHARES After Taxes on Distributions and Sale of Fund Shares
|
7.60%
|
2.43%
|
1.73%
|
INSTITUTIONAL SHARES Before Taxes
|
13.19%
|
4.63%
|
3.80%
|
CLASS R6 Before Taxes
|
13.21%
|
4.81%
|
4.19%2
|
Indices
|
|||
Bloomberg U.S. Aggregate Bond Index
reflects no deduction for fees, expenses, or taxes1
|
5.53%
|
1.10%
|
1.81%
|
Bloomberg U.S. High Yield 2% Issuer Capped Bond Index
reflects no deduction for fees, expenses, or taxes
|
13.44%
|
5.35%
|
4.59%
|
Lipper High Yield Bond Funds Index
reflects no deduction for taxes
|
12.34%
|
5.03%
|
4.03%
|
Title
|
Tenure with the Fund
|
|
Kurt Daum, J.D.
|
Senior Portfolio Manager
|
Since 2016
|
John Spear, CFA
|
Co-Chief Investment Officer and
Senior Portfolio Manager
|
Since 2016
|
James F. Jackson Jr., CFA
|
Co-Chief Investment Officer,
Head of Fixed Income Portfolio
Management, and Senior
Portfolio Manager
|
Since 2019
|
R. Neal Graves, CFA, CPA
|
Senior Portfolio Manager
|
Since 2019
|
Investment Minimums
|
Fund Shares
|
Institutional Shares
|
Class R6
|
Minimum Initial Investment
|
$3,000
|
$1,000,000
|
None
|
Minimum Subsequent Investments
|
$50
|
None
|
None
|