Morningstar

Victory Pioneer Short Term Income Fund Class A STABX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $8.58  /  0.00
  • Fund Size $938.0M
  • Adjusted Expense Ratio 0.730%
  • Net Expense Ratio 0.710%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.90%
  • Average Effective Duration 1.97 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis STABX

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

  • People Pillar

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

Extra yield comes with additional risk in this short-term bond fund.

Analyst Peter Como

Peter Como

Analyst

Summary

Victory Pioneer Short Term Income pairs a veteran management team with a risk profile well above most short-term bond Morningstar Category peers. Extra credit and liquidity risks, along with platform changes after Victory Capital’s April 2025 acquisition of Pioneer, call for caution.

by Peter Como
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Portfolio Holdings STABX

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

Future on 2 Year Treasury Note

32.68 459M
Government

United States Treasury Notes 4.125%

1.50 21M
Government

United States Treasury Bonds 6.375%

0.51 7M
Government

AREIT 2025-CRE10 Ltd. / AREIT 2025-CRE10 LLC 5.024%

0.43 6M
Securitized

Federal National Mortgage Association 5.5%

0.43 6M
Securitized

TARGA RES CORP 0%

0.43 6M
Cash and Equivalents

Philip Morris International Inc. 4.375%

0.41 6M
Corporate

Federal National Mortgage Association 5%

0.41 6M
Securitized

Citigroup Inc. 4.786%

0.41 6M
Corporate

Home Partners Of America Trust 2019-2 3.866%

0.38 5M
Securitized

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