08/30/2024 | Press release | Distributed by Public on 08/30/2024 15:11
Victory Income Fund
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Fund Shares
|
Institutional Shares
|
Class A
|
Class C
|
Class R6
|
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USAIX
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UIINX
|
UINCX
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-
|
URIFX
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Fund
Shares
|
Institutional
Shares
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Class A
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Class R6
|
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Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price)
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None
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None
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2.25%
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None
|
Maximum Deferred Sales Charge (Load)
(as a percentage of the lower of purchase or sale price)
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None
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None
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None1
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None
|
Management Fees2
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0.31%
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0.33%
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0.32%
|
0.30%
|
Distribution and/or Service (12b-1) Fees
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0.00%
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0.00%
|
0.25%
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0.00%
|
Other Expenses
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0.29%
|
0.22%
|
0.31%
|
0.27%
|
Total Annual Fund Operating Expenses
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0.60%
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0.55%
|
0.88%
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0.57%
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Fee Waiver/Expense Reimbursement3
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(0.01)%
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0.00%
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(0.03)%
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(0.12)%
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Total Annual Fund Operating Expenses After Fee Waiver
and/or Expense Reimbursement3
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0.59%
|
0.55%
|
0.85%
|
0.45%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Fund Shares
|
$60
|
$191
|
$334
|
$749
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Institutional Shares
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$56
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$176
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$307
|
$689
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Class A
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$310
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$496
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$699
|
$1,282
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Class R6
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$46
|
$171
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$306
|
$702
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During the periods shown in the chart:
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Returns
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Quarter ended
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Highest Quarter
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7.21%
|
June 30, 2020
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Lowest Quarter
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-6.08%
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March 31, 2022
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Year-to-date return
|
0.85%
|
June 30, 2024
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Average Annual Total Returns
(For the Periods Ended December 31, 2023)
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1 Year
|
5 Years
|
10 Years
(or Life
of Class)
|
FUND SHARES Before Taxes
|
7.13%
|
2.28%
|
2.60%
|
FUND SHARES After Taxes on Distributions
|
5.49%
|
0.74%
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1.08%
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FUND SHARES After Taxes on Distributions and Sale of Fund Shares
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4.18%
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1.19%
|
1.38%
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INSTITUTIONAL SHARES Before Taxes
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7.19%
|
2.33%
|
2.65%
|
CLASS A Before Taxes
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4.55%
|
1.56%
|
2.11%
|
CLASS R6 Before Taxes
|
7.27%
|
2.43%
|
2.46%1
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Indices
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Bloomberg U.S. Aggregate Bond Index
reflects no deduction for fees, expenses, or taxes
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5.53%
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1.10%
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1.81%
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Lipper A Rated Bond Funds Index
reflects no deduction for taxes
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7.11%
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2.37%
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2.95%
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Title
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Tenure with the Fund
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Brian W. Smith, CFA, CPA
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Senior Portfolio Manager
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Since 2013
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John Spear, CFA
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Co-Chief Investment Officer and
Senior Portfolio Manager
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Since 2016
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Kurt Daum, J.D.
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Senior Portfolio Manager
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Since 2016
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James F. Jackson Jr., CFA
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Co-Chief Investment Officer,
Head of Fixed Income Portfolio
Management, and Senior
Portfolio Manager
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Since 2019
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R. Neal Graves, CFA, CPA
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Senior Portfolio Manager
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Since 2019
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Investment Minimums
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Fund Shares
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Institutional Shares
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Class A
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Class R6
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Minimum Initial Investment
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$3,000
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$1,000,000
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$2,500
|
None
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Minimum Subsequent Investments
|
$50
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None
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$50
|
None
|