Victory Incore Fund for Income takes an atypical approach to the GNMA market and has shown skill in executing it. In recognition of this, the fund’s cheapest share classes earn a Morningstar Analyst Rating of Bronze, while the rest, whose expenses tend to be the high side, earn Average or Negative ratings.
Victory INCORE Fund for Income C VFFCX
NAV / 1-Day Return
7.99
/
0.08
%
Total Assets
740.9 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.710%
Expense Ratio
1.710%
Fee Level
High
Longest Manager Tenure
15.39
years
Category
Short Government
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
2,500
Status
Open
TTM Yield
4.06%
Effective Duration
—
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VFFCX 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 VFFCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VFFCX 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 VFFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A unique take on the staid GNMA market.
