Skip to Content
Morningstar

Victory Investment Grd Convert A SBFCX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 15.98  /  0.25 %
  • Total Assets 292.0 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 2.17%
  • Turnover 22%

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:24 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 Process Pillar and People 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-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SBFCX

More SBFCX Holdings
  • Current Portfolio Date
  • Equity Holdings 4
  • Bond Holdings 0
  • Other Holdings 35
  • % Assets in Top 10 Holdings 54.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pioneer Natural Resources Company 0.25%

6.82
20,182,831
Corporate

Southwest Airlines Co. 1.25%

5.95
17,607,172
Corporate

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

5.61
16,581,888
Financial Services

EQT Corporation 1.75%

5.60
16,571,628
Corporate

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

5.57
16,464,071
Financial Services

Booking Holdings Inc 0.75%

5.52
16,335,212
Corporate

KKR & Co Inc PRF CONVERT 15/09/2023 USD 50 - Ser C

5.11
15,125,332
Financial Services

Western Digital Corp. 1.5%

5.08
15,036,210
Corporate

Expedia Group Inc 0%

4.80
14,193,371
Corporate

NiSource Inc Units

4.62
13,656,885
Utilities