Victory Incore Low Duration Bond relies on a model-based process that is competent but doesn't stand out. The team is thin, and while it can access analysts from Victory's USAA subsidiary, the exact nature of that relationship is ambiguous. Finally, performance has been uninspiring. The strategy's share classes are priced at above-average or high levels and earn Morningstar Analyst Ratings of Neutral to Negative.
Will RLDCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RLDCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RLDCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RLDCX’s parent organization’s priorities and whether they’re in line with investors’ interests.