Victory INCORE Investment Quality Bond Y
Name
As of 11/03/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-20.0%
1 yr return
-19.3%
3 Yr Avg Return
-6.1%
5 Yr Avg Return
-3.5%
Net Assets
$21.4 M
Holdings in Top 10
33.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 67.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/03/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RSQYX - Profile
Distributions
- YTD Total Return -20.0%
- 3 Yr Annualized Total Return -6.1%
- 5 Yr Annualized Total Return -3.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.42%
- Dividend Yield 2.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVictory INCORE Investment Quality Bond Fund
-
Fund Family NameVictory Capital
-
Inception DateMay 12, 2009
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Kelts
Fund Description
RSQYX - Performance
Return Ranking - Trailing
Period | RSQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -20.0% | -50.1% | 132.2% | 96.74% |
1 Yr | -19.3% | -34.7% | 129.8% | 94.64% |
3 Yr | -6.1%* | -13.4% | 104.0% | 68.94% |
5 Yr | -3.5%* | -10.8% | 54.2% | 73.71% |
10 Yr | N/A* | -7.6% | 12.0% | 50.46% |
* Annualized
Return Ranking - Calendar
Period | RSQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -75.2% | 1360.6% | 11.88% |
2022 | 2.8% | -14.5% | 1027.9% | 22.16% |
2021 | 1.6% | -11.1% | 23.0% | 68.02% |
2020 | -0.9% | -11.4% | 6.8% | 56.19% |
2019 | 0.3% | -49.5% | 12.4% | 48.08% |
Total Return Ranking - Trailing
Period | RSQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -20.0% | -50.1% | 132.2% | 96.74% |
1 Yr | -19.3% | -34.7% | 129.8% | 94.64% |
3 Yr | -6.1%* | -13.4% | 104.0% | 68.94% |
5 Yr | -3.5%* | -10.8% | 54.2% | 78.20% |
10 Yr | N/A* | -7.6% | 12.8% | 47.70% |
* Annualized
Total Return Ranking - Calendar
Period | RSQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -75.2% | 10.8% | 11.98% |
2022 | 2.8% | -14.5% | 1027.9% | 22.16% |
2021 | 1.6% | -11.1% | 23.0% | 69.89% |
2020 | -0.9% | -11.4% | 6.8% | 61.98% |
2019 | 0.3% | -7.0% | 12.4% | 58.99% |
NAV & Total Return History
RSQYX - Holdings
Concentration Analysis
RSQYX | Category Low | Category High | RSQYX % Rank | |
---|---|---|---|---|
Net Assets | 21.4 M | 1.19 M | 287 B | 97.09% |
Number of Holdings | 254 | 1 | 17234 | 78.28% |
Net Assets in Top 10 | 3.23 M | -106 M | 27.6 B | 94.97% |
Weighting of Top 10 | 33.83% | 3.7% | 100.0% | 35.19% |
Top 10 Holdings
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
- Us 10yr Note Fut Jun21 8.31%
Asset Allocation
Weighting | Return Low | Return High | RSQYX % Rank | |
---|---|---|---|---|
Bonds | 92.20% | 3.97% | 268.18% | 75.31% |
Convertible Bonds | 8.26% | 0.00% | 10.39% | 0.36% |
Preferred Stocks | 2.17% | 0.00% | 77.13% | 1.53% |
Other | 0.00% | -13.23% | 23.06% | 11.67% |
Stocks | -1.15% | -1.15% | 24.74% | 99.73% |
Cash | -1.48% | -181.13% | 95.99% | 82.05% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RSQYX % Rank | |
---|---|---|---|---|
Corporate | 53.21% | 0.00% | 100.00% | 6.91% |
Securitized | 30.72% | 0.00% | 98.79% | 46.41% |
Government | 14.59% | 0.00% | 86.23% | 73.52% |
Cash & Equivalents | 1.48% | 0.00% | 95.99% | 81.60% |
Derivative | 0.00% | 0.00% | 25.16% | 36.18% |
Municipal | 0.00% | 0.00% | 100.00% | 73.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RSQYX % Rank | |
---|---|---|---|---|
US | 81.79% | 3.63% | 210.09% | 71.10% |
Non US | 10.41% | -6.54% | 58.09% | 39.32% |
RSQYX - Expenses
Operational Fees
RSQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.01% | 2.93% | 41.73% |
Management Fee | 0.50% | 0.00% | 1.76% | 85.15% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.38% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
RSQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
RSQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RSQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 67.00% | 2.00% | 493.39% | 26.39% |
RSQYX - Distributions
Dividend Yield Analysis
RSQYX | Category Low | Category High | RSQYX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.31% | 0.00% | 8.35% | 56.71% |
Dividend Distribution Analysis
RSQYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
RSQYX | Category Low | Category High | RSQYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.42% | -1.28% | 8.97% | 66.47% |
Capital Gain Distribution Analysis
RSQYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 01, 2022 | $0.016 | DailyAccrualFund |
Oct 03, 2022 | $0.017 | DailyAccrualFund |
Sep 01, 2022 | $0.017 | DailyAccrualFund |
Aug 01, 2022 | $0.014 | DailyAccrualFund |
Jul 01, 2022 | $0.014 | DailyAccrualFund |
Jun 01, 2022 | $0.015 | DailyAccrualFund |
May 02, 2022 | $0.014 | DailyAccrualFund |
Apr 01, 2022 | $0.014 | DailyAccrualFund |
Mar 01, 2022 | $0.015 | DailyAccrualFund |
Feb 01, 2022 | $0.013 | DailyAccrualFund |
Jan 03, 2022 | $0.013 | DailyAccrualFund |
Dec 01, 2021 | $0.015 | DailyAccrualFund |
Nov 01, 2021 | $0.013 | DailyAccrualFund |
Oct 01, 2021 | $0.013 | DailyAccrualFund |
Sep 01, 2021 | $0.017 | DailyAccrualFund |
Aug 02, 2021 | $0.013 | DailyAccrualFund |
Jul 01, 2021 | $0.015 | DailyAccrualFund |
Jun 01, 2021 | $0.018 | DailyAccrualFund |
May 03, 2021 | $0.017 | DailyAccrualFund |
Apr 01, 2021 | $0.017 | DailyAccrualFund |
Mar 01, 2021 | $0.017 | DailyAccrualFund |
Feb 01, 2021 | $0.017 | DailyAccrualFund |
Jan 04, 2021 | $0.017 | DailyAccrualFund |
Dec 01, 2020 | $0.018 | DailyAccrualFund |
Nov 02, 2020 | $0.018 | DailyAccrualFund |
Oct 01, 2020 | $0.018 | DailyAccrualFund |
Sep 01, 2020 | $0.018 | DailyAccrualFund |
Aug 03, 2020 | $0.017 | DailyAccrualFund |
Jul 01, 2020 | $0.019 | DailyAccrualFund |
Jun 01, 2020 | $0.022 | DailyAccrualFund |
May 01, 2020 | $0.022 | DailyAccrualFund |
Apr 01, 2020 | $0.021 | DailyAccrualFund |
Mar 02, 2020 | $0.020 | DailyAccrualFund |
Feb 03, 2020 | $0.021 | DailyAccrualFund |
Dec 31, 2019 | $0.021 | DailyAccrualFund |
Nov 29, 2019 | $0.020 | DailyAccrualFund |
Oct 31, 2019 | $0.023 | DailyAccrualFund |
Sep 30, 2019 | $0.020 | DailyAccrualFund |
Aug 30, 2019 | $0.021 | DailyAccrualFund |
Jul 31, 2019 | $0.022 | DailyAccrualFund |
Jun 28, 2019 | $0.021 | DailyAccrualFund |
May 31, 2019 | $0.022 | DailyAccrualFund |
Apr 30, 2019 | $0.023 | DailyAccrualFund |
Mar 29, 2019 | $0.020 | DailyAccrualFund |
Feb 28, 2019 | $0.020 | DailyAccrualFund |
Jan 31, 2019 | $0.018 | DailyAccrualFund |
Dec 31, 2018 | $0.024 | DailyAccrualFund |
Nov 30, 2018 | $0.024 | DailyAccrualFund |
Oct 31, 2018 | $0.024 | DailyAccrualFund |
Aug 31, 2018 | $0.024 | DailyAccrualFund |
Jul 31, 2018 | $0.024 | DailyAccrualFund |
Jun 29, 2018 | $0.023 | DailyAccrualFund |
May 31, 2018 | $0.023 | DailyAccrualFund |
Apr 30, 2018 | $0.023 | DailyAccrualFund |
Mar 29, 2018 | $0.023 | DailyAccrualFund |
Feb 28, 2018 | $0.019 | DailyAccrualFund |
Jan 31, 2018 | $0.023 | DailyAccrualFund |
Dec 29, 2017 | $0.022 | DailyAccrualFund |
Nov 30, 2017 | $0.018 | DailyAccrualFund |
Oct 31, 2017 | $0.023 | DailyAccrualFund |
Sep 29, 2017 | $0.022 | DailyAccrualFund |
Aug 31, 2017 | $0.022 | DailyAccrualFund |
Jul 31, 2017 | $0.016 | DailyAccrualFund |
Jun 30, 2017 | $0.019 | DailyAccrualFund |
May 31, 2017 | $0.020 | DailyAccrualFund |
Apr 28, 2017 | $0.021 | DailyAccrualFund |
Mar 31, 2017 | $0.022 | DailyAccrualFund |
Feb 28, 2017 | $0.022 | DailyAccrualFund |
Jan 31, 2017 | $0.025 | DailyAccrualFund |
Dec 30, 2016 | $0.255 | DailyAccrualFund |
Nov 30, 2016 | $0.025 | DailyAccrualFund |
Oct 31, 2016 | $0.021 | DailyAccrualFund |
Sep 30, 2016 | $0.023 | DailyAccrualFund |
Aug 31, 2016 | $0.016 | DailyAccrualFund |
RSQYX - Fund Manager Analysis
Managers
James Kelts
Start Date
Tenure
Tenure Rank
Jul 29, 2016
5.84
5.8%
James R. Kelts is a Senior Portfolio Manager of INCORE Capital Management and has been a co-portfolio manager of the Victory INCORE Investment Quality Bond Fund and Victory INCORE Low Duration Bond Fund since 2016. He has been with the INCORE since 2014. From 2003-2014, he was an investment professional with Munder Capital Management, which was acquired by the INCORE in 2014. Mr. Kelts is a CFA charterholder. Mr. Kelts earned a B.A. in Finance from Michigan State University, is a CFA® charterholder, and a member of the CFA Institute and the CFA Society of Detroit.
Richard Consul
Start Date
Tenure
Tenure Rank
Jul 29, 2016
5.84
5.8%
Richard A. Consul is a Senior Portfolio Manager of INCORE Capital Management and has been a co-portfolio manager of the Victory INCORE Investment Quality Bond Fund and Victory INCORE Low Duration Bond Fund since 2016. He has been with the Adviser since 2014. From 2010-2014, he was an investment professional with Munder Capital Management, which was acquired by the INCORE in 2014. Prior to that, Mr. Consul was a foreign exchange currency trader and a futures/options trader specializing in crude oil for a commodities hedge fund portfolio. Mr. Consul is a CFA charterholder. He earned a B.B.A. in Finance with a minor in Mathematics and an M.S.E. in Financial Engineering from the University of Michigan. He is a member of the International Association of Financial Engineers.
Edward Goard
Start Date
Tenure
Tenure Rank
Jul 29, 2016
5.84
5.8%
Edward D. Goard is a Chief Investment Officer of INCORE Capital Management and has been a co-portfolio manager of the Victory INCORE Investment Quality Bond Fund and Victory INCORE Low Duration Bond Fund since 2016. Mr. Goard has been with the INCORE since 2014. From 2007-2014, he was an investment professional with Munder Capital Management, which was acquired by the INCORE in 2014. He was previously with Barclays Global Investors (BGI) as a senior portfolio manager and the head of interest rate and mortgage strategies. Mr. Goard is a CFA charterholder. Mr. Goard earned a B.S. in International Finance from San Francisco State University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.77 | 1.16 |