Morningstar

Victory Fund for Income Class A IPFIX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return$6.58  /  −0.15%
  • Fund Size$330.0M
  • Adjusted Expense Ratio0.910%
  • Net Expense Ratio0.910%
  • Fee Level: DistributionHigh
  • Share Class TypeFront Load
  • Morningstar CategoryShort Government
  • Fixed-Income Style Box (Funds)High/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield5.18%
  • Average Effective Duration2.50 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis IPFIX

Will IPFIX outperform in the 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 IPFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IPFIX 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 IPFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A specialized mortgage-income play that still depends on the rate backdrop.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Victory Fund for Income’s appeal rests on durable prepayment-risk discipline, experienced execution, and a long record that has rewarded patience despite bouts of interest-rate-driven weakness.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings IPFIX

More IPFIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings45.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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