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Morningstar

Victory CA Bond Class A UXABX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 10.34  /  0.20 %
  • Total Assets 500.7 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.98%
  • Effective Duration 7.06 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 12:56 AM GMT+0

Morningstar’s Analysis UXABX

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

People Pillar

The People Pillar is our evaluation of the UXABX 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 UXABX’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 CA 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

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Portfolio Holdings UXABX

More UXABX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 179
  • Other Holdings 0
  • % Assets in Top 10 Holdings 22.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA ST 5%

4.09
19,420,929
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 5.23%

3.12
14,791,609
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

2.69
12,783,943
municipal

EAST BAY CALIF MUN UTIL DIST WASTEWATER SYS REV 5%

2.04
9,686,547
municipal

FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0%

1.99
9,443,008
municipal

PALOMAR POMERADO HEALTH CALIF 0%

1.83
8,703,122
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

1.76
8,357,493
municipal

CENTINELA VALLEY CALIF UN HIGH SCH 4%

1.75
8,298,949
municipal

TEMECULA VY CALIF UNI SCH DIST 4%

1.43
6,792,742
municipal

MORENO VALLEY CALIF UNI SCH DIST 5%

1.40
6,649,257
municipal