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Morningstar

Victory Investment Grd Convert I VICIX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 17.32  /  +0.35 %
  • Total Assets 267.7 Mil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.920%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 2.72%
  • Turnover 22%

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:08 AM GMT+0

Morningstar’s Analysis VICIX

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

  • People Pillar

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

Victory Investment Grd Convert I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VICIX

More VICIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Booking Holdings Inc 0.75%

6.84 18.1 Mil
Corporate

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

5.90 15.6 Mil
Financial Services

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

5.82 15.4 Mil
Financial Services

Southwest Airlines Co. 1.25%

5.77 15.3 Mil
Corporate

NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025)

5.20 13.7 Mil
Utilities

Ford Motor Company 0%

4.57 12.1 Mil
Corporate

Expedia Group Inc 0%

4.24 11.2 Mil
Corporate

Barclays Bank plc 1%

4.20 11.1 Mil
Corporate

Envista Holdings Corporation 1.75%

3.51 9.3 Mil
Corporate

Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A

3.47 9.2 Mil
Financial Services