Morningstar

Victory Amt-Free Municipal Fund Class Y PBYMX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 12.21  /  −0.08 %
  • Total Assets 406.9M
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 5.29%
  • Effective Duration 11.18 years

USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PBYMX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Victory Amt-Free Municipal Fund Class Y holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PBYMX

More PBYMX Holdings
  • 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

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