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Morningstar

Victory Tax-Exempt C RETCX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 8.36  /  0.25 %
  • Total Assets 36.2 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.08%
  • Effective Duration 7.70 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis RETCX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Victory Tax-Exempt C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RETCX

More RETCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 65
  • Other Holdings 1
  • % Assets in Top 10 Holdings 33.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%

4.36
1,552,135
municipal

SALES TAX SECURITIZATION CORP ILL 5%

4.22
1,503,773
municipal

CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%

3.66
1,302,616
municipal

LOGAN ELM OHIO LOC SCH DIST 4%

3.46
1,232,701
municipal

PHILADELPHIA PA SCH DIST 5%

3.42
1,217,588
municipal

MIAMI-DADE CNTY FLA PUB FACS REV 5%

2.86
1,018,405
municipal

CHICAGO ILL WASTEWATER TRANSMISSION REV 5%

2.83
1,009,467
municipal

CHICAGO ILL 5.5%

2.83
1,006,603
municipal

GUAM PORT AUTH PORT REV 5%

2.82
1,003,983
municipal

TSASC INC N Y 5%

2.82
1,002,922
municipal