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Morningstar

Victory Low Duration Bond C RLDCX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 9.73  /  0.08 %
  • Total Assets 138.9 Mil
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.620%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.02%
  • Effective Duration 1.53 years

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:15 PM GMT+0

Morningstar’s Analysis RLDCX

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

People Pillar

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.

Parent Pillar

The Parent Pillar is our rating of RLDCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Victory INCORE Low Duration Bond Under Review Due to Management Change

null Maciej Kowara

Maciej Kowara

Analyst Note

We are placing Victory INCORE Low Duration Bond Under Review due to a management change. Effective Sept. 1, 2023, Victory INCORE’s CIO, Ed Goard, and some members of his team will leave Victory Capital. The fund will then be renamed Victory Low Duration Bond Fund and will be managed by Brian Smith, Doug Rollwitz, and Zach Winters. The new management team is part of the San Antonio-based Victory Income Investors, formerly known as USAA investments. 

by Maciej Kowara
Published on

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Portfolio Holdings RLDCX

More RLDCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 151
  • Other Holdings 19
  • % Assets in Top 10 Holdings 18.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.5%

7.27
10,797,769
Government

Broadcom Corporation/Broadcom Cayman Finance Ltd 3.625%

1.45
2,159,297
Corporate

SANTANDER RETAIL AUTO LEASE TRUST 1.14%

1.45
2,153,970
Securitized

Southern Copper Corporation 3.875%

1.32
1,967,617
Corporate

Morgan Stanley BAML Trust 3.325%

1.27
1,883,810
Securitized

JPMBB Commercial Mortgage Securities Trust 2016-C1 3.576%

1.24
1,841,183
Securitized

The Bank of New York Mellon Corporation 4.414%

1.17
1,732,114
Corporate

AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 0.89%

1.14
1,698,784
Securitized

Capital One Financial Corporation 1.343%

1.13
1,676,264
Corporate

Gs Mortgage Securities Trust 2016-G 3.05%

1.11
1,647,390
Securitized