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Morningstar

Victory High Income Institutional UIHIX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 6.75  /  +0.15 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 7.58%
  • Effective Duration 2.77 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis UIHIX

Will UIHIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable UIHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the UIHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of UIHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Victory High Income Institutional to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings UIHIX

More UIHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

1375209 B C Ltd. 9%

1.52 15.9 Mil
Corporate

720 East Clo 2023-I FRN 13.964%

1.24 13.0 Mil
Securitized

NCL Corporation Ltd. 5.875%

1.14 11.8 Mil
Corporate

FRONTIER ISSUER LLC 11.5%

1.01 10.5 Mil
Securitized

Scripps Escrow II Inc 5.375%

1.00 10.4 Mil
Corporate

International Flavors & Fragrances Inc. 0%

0.99 10.3 Mil
Cash and Equivalents

Guadalupe Valley Electric Cooperative Inc. 0%

0.99 10.3 Mil
Cash and Equivalents

Marathon Oil Corporation 0%

0.99 10.3 Mil
Cash and Equivalents

Jabil Inc 0%

0.99 10.3 Mil
Cash and Equivalents

Altice France S.A 5.5%

0.97 10.1 Mil
Corporate