Morningstar

Victory Pioneer High Yield Fund Class Y TYHYX

Medalist Rating as of Apr 27, 2026 See Victory Capital Investment Hub

Strategy

The investment seeks to maximize total return through a combination of income and capital appreciation. Normally, the fund invests at least 80% of its total assets in below investment grade (high yield) debt securities and preferred stocks. Debt securities rated below investment grade are commonly referred to as "junk bonds" and are considered speculative. The fund may invest in high yield securities of any rating, including securities where the issuer is in default or bankruptcy at the time of purchase.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TYHYX	Victory Pioneer High Yield Fund Class Y	Institutional	Open			Feb 12, 1998	$140.20M	0.850%	High	$1M	−$13.69M
TAHYX	Victory Pioneer High Yield Fund Class A	Front Load	Open			Feb 12, 1998	$310.70M	1.100%	High	$2,500	−$47.95M
PYICX	Victory Pioneer High Yield Fund Class C	Level Load	Open			Feb 12, 1998	$5.71M	1.920%	High	$2,500	−$209,965.96

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