Victory Amt-Free Municipal Fund Class A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Victory Amt-Free Municipal Fund Class A PBMFX
- NAV / 1-Day Return 12.27 / 0.00
- Total Assets 409.2M
-
Adj. Expense Ratio
0.790%
- Expense Ratio 0.790%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.99%
- Effective Duration 11.18 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:17 AM GMT+0
Morningstar’s Analysis PBMFX
Will PBMFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PBMFX 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 PBMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 24.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV | 4.08 | 18M | municipal |
FLORIDA ST TPK AUTH TPK REV | 2.68 | 12M | municipal |
JEFFERSON CNTY ALA SWR REV | 2.65 | 12M | municipal |
UNIVERSITY NEB FACS CORP REV | 2.42 | 11M | municipal |
UTAH ST UNIV REV | 2.28 | 10M | municipal |
GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV | 2.21 | 10M | municipal |
OHIO ST HOSP REV | 1.98 | 9M | municipal |
CALIFORNIA EDL FACS AUTH REV | 1.92 | 9M | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV | 1.90 | 8M | municipal |
City Of Chicago Il | 1.89 | 8M | municipal |
United States