Morningstar

Victory Pioneer Bond Fund Class Y PICYX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $8.04  /  −0.25 %
  • Fund Size $5.1B
  • Adjusted Expense Ratio 0.470%
  • Net Expense Ratio 0.460%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $5M
  • Investment Status Open
  • TTM Yield 4.66%
  • Average Effective Duration 6.29 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PICYX

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

  • People Pillar

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

A time-tested core-plus bond strategy.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

Victory Pioneer Bond’s seasoned leadership team has successfully navigated through market cycles by executing a disciplined, relative-value approach over the long haul.

by River Meng
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Portfolio Holdings PICYX

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

2 Year Treasury Note Future Dec 26

5.84 385M
Government

5 Year Treasury Note Future Dec 26

4.77 314M
Government

Ultra US Treasury Bond Future Dec 26

3.60 237M
Government

10 Year Treasury Note Future Dec 26

2.53 167M
Government

United States Treasury Bonds 4.375%

1.88 124M
Government

United States Treasury Bills

1.52 100M
Government

United States Treasury Notes 4.125%

1.51 100M
Government

Bac 3.66%, 09/01/2026

1.37 90M
Corporate

Federal National Mortgage Association 5%

1.28 84M
Securitized

United States Treasury Bills

1.21 80M
Government

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