Morningstar

Victory Fund for Income Class R GGIFX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $6.59  /  +0.30 %
  • Fund Size $330.4M
  • Adjusted Expense Ratio 0.910%
  • Net Expense Ratio 0.910%
  • Fee Level: Distribution Below Average
  • Share Class Type Retirement, Medium
  • Morningstar Category Short Government
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.21%
  • Average Effective Duration 2.60 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis GGIFX

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

  • People Pillar

    The People Pillar is our evaluation of the GGIFX 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 GGIFX’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 GGIFX

More GGIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills

12.17 40M
Government

United States Treasury Bonds

10.83 35M
Government

United States Treasury Bonds

10.69 35M
Government

Government National Mortgage Association

2.06 7M
Securitized

Government National Mortgage Association

1.79 6M
Securitized

Government National Mortgage Association

1.65 5M
Securitized

Government National Mortgage Association

1.57 5M
Securitized

Government National Mortgage Association

1.49 5M
Securitized

Government National Mortgage Association

1.42 5M
Securitized

Government National Mortgage Association

1.32 4M
Securitized

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