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Morningstar

Victory High Income Institutional UIHIX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 6.73  /  0.60 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 7.39%
  • Effective Duration 3.15 years

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 11:26 PM GMT+0

Morningstar’s Analysis UIHIX

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

People Pillar

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

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Victory High Income Institutional to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings UIHIX

More UIHIX Holdings
  • Current Portfolio Date
  • Equity Holdings 6
  • Bond Holdings 385
  • Other Holdings 33
  • % Assets in Top 10 Holdings 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

DISH Network Corporation 11.75%

1.37
13,546,462
Corporate

AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%

1.28
12,691,350
Corporate

720 East Clo 2023-I FRN 13.532%

1.26
12,464,260
Securitized

1375209 B C Ltd. 9%

1.00
9,901,902
Corporate

Gray Escrow II Inc. 5.375%

0.96
9,463,924
Corporate

720 East Clo 2022-I Ltd / 720 East C FRN 11.476%

0.94
9,274,784
Securitized

NCL Corporation Ltd. 5.875%

0.89
8,792,762
Corporate

Energy Transfer LP 0%

0.89
8,790,161
Cash and Equivalents

Sotheby's Inc 7.375%

0.88
8,750,268
Corporate

FRONTIER ISSUER LLC 11.5%

0.87
8,630,205
Securitized