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Morningstar

Victory Investment Grd Convert A SBFCX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 16.85  /  +0.54 %
  • Total Assets 266.3 Mil
  • Adj. Expense Ratio
    1.200%
  • Expense Ratio 1.200%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.47%
  • Turnover 22%

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SBFCX

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

  • People Pillar

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

Victory Investment Grd Convert A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SBFCX

More SBFCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 52.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pioneer Natural Resources Company 0.25%

6.38 17.3 Mil
Corporate

Booking Holdings Inc 0.75%

6.11 16.6 Mil
Corporate

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

6.02 16.3 Mil
Financial Services

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

5.74 15.6 Mil
Financial Services

Southwest Airlines Co. 1.25%

5.69 15.4 Mil
Corporate

NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025)

5.55 15.1 Mil
Utilities

Ford Motor Company 0%

4.55 12.3 Mil
Corporate

Parsons Corporation 0.25%

4.27 11.6 Mil
Corporate

Barclays Bank plc 1%

4.18 11.3 Mil
Corporate

Expedia Group Inc 0%

4.15 11.3 Mil
Corporate