Morningstar

Victory Pioneer Active Credit Fund Class C RCRCX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $8.14  /  −0.12 %
  • Fund Size $130.0M
  • Adjusted Expense Ratio 1.660%
  • Net Expense Ratio 1.650%
  • Fee Level: Distribution Average
  • Share Class Type Level Load
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.70%
  • Average Effective Duration 1.76 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis RCRCX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Victory Pioneer Active Credit C 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.

by Morningstar Automated Analysis
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Portfolio Holdings RCRCX

More RCRCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −15.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 6%

15.46 7M
Securitized

Federal National Mortgage Association 6.5%

7.65 4M
Securitized

Future on 2 Year Treasury Note

7.08 3M
Government

Federal National Mortgage Association 2.5%

4.57 2M
Securitized

10 Year Treasury Note Future Dec 26

4.31 2M
Government

Federal National Mortgage Association 3%

4.25 2M
Securitized

Coll Jpm Usd 0% 12/31/60

2.15 990,020
Cash and Equivalents

Exeter Automobile Receivables Trust 2016-3 7.89%

1.66 760,931
Securitized

Upstart Securitization Trust 2018-2 8%

1.65 757,631
Securitized

Citi Future Usd Segregate

1.44 662,726
Derivative

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