Skip to Content
Morningstar

Victory NY Bond Class A UNYBX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 10.22  /  0.06 %
  • Total Assets 127.7 Mil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.45%
  • Effective Duration 7.21 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 11:46 PM GMT+0

Morningstar’s Analysis UNYBX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Victory NY Bond Class A to 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings UNYBX

More UNYBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 121
  • Other Holdings 1
  • % Assets in Top 10 Holdings 20.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH REVS 5.5%

2.80
3,863,990
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.24
3,090,402
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 4%

2.14
2,949,284
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%

2.14
2,948,104
municipal

LIBERTY N Y DEV CORP REV 5.25%

2.07
2,860,474
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 4.2%

1.93
2,667,393
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 6%

1.90
2,619,985
municipal

NEW YORK ST DORM AUTH REVS 5.5%

1.75
2,415,534
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%

1.63
2,252,594
municipal

BUILD NYC RESOURCE CORP N Y REV 5%

1.61
2,224,384
municipal