Morningstar

Victory Pioneer Bond Fund Class A PIOBX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $8.15  /  −0.37 %
  • Fund Size $5.1B
  • Adjusted Expense Ratio 0.810%
  • Net Expense Ratio 0.790%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.20%
  • Average Effective Duration 6.29 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PIOBX

Will PIOBX 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 PIOBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A compelling core-plus bond strategy.

Associate Analyst Rafael Ramirez

Rafael Ramirez

Associate Analyst

Summary

Victory Pioneer Bond’s experienced managers draw on deep sector-specialist teams in their implementation of this time-tested approach.

by Rafael Ramirez
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Portfolio Holdings PIOBX

More PIOBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 5 Year Treasury Note

5.78 360M
Government

Us Ultra Bond Fut Dec26

5.20 324M
Government

United States Treasury Bills 0%

2.40 150M
Government

United States Treasury Bonds 4.375%

1.89 118M
Government

United States Treasury Bills 0%

1.60 100M
Government

United States Treasury Notes 4.125%

1.54 96M
Government

10 Year Treasury Note Future Dec 26

1.51 94M
Government

Federal National Mortgage Association 6%

1.44 90M
Securitized

Federal National Mortgage Association 5%

1.29 81M
Securitized

United States Treasury Bills 0%

1.28 80M
Government

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