Victory Investment Grade Convertible Fund, formerly Victory INCORE Investment Grade Convertible Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VICIX | Fund
$17.07
$277 M
3.39%
$0.58
0.92%
Vitals
YTD Return
2.6%
1 yr return
10.8%
3 Yr Avg Return
0.1%
5 Yr Avg Return
6.5%
Net Assets
$277 M
Holdings in Top 10
50.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VICIX | Fund
$17.07
$277 M
3.39%
$0.58
0.92%
VICIX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 6.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.59%
- Dividend Yield 3.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVictory Investment Grade Convertible Fund, formerly Victory INCORE Investment Grade Convertible Fund
-
Fund Family NameVictory Portfolios
-
Inception DateSep 18, 2007
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Kaesberg
Fund Description
VICIX - Performance
Return Ranking - Trailing
Period | VICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -2.8% | 3.9% | 27.16% |
1 Yr | 10.8% | -8.1% | 13.9% | 35.80% |
3 Yr | 0.1%* | -17.3% | 1.2% | 12.50% |
5 Yr | 6.5%* | -6.8% | 11.2% | 76.32% |
10 Yr | 7.0%* | -1.1% | 9.9% | 51.67% |
* Annualized
Return Ranking - Calendar
Period | VICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -7.7% | 13.1% | 72.29% |
2022 | -13.4% | -37.8% | -9.7% | 7.32% |
2021 | 0.8% | -18.9% | 2.4% | 6.10% |
2020 | 6.0% | 5.8% | 54.0% | 97.44% |
2019 | 14.1% | 9.9% | 24.4% | 70.51% |
Total Return Ranking - Trailing
Period | VICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -2.8% | 3.9% | 27.16% |
1 Yr | 10.8% | -8.1% | 13.9% | 35.80% |
3 Yr | 0.1%* | -17.3% | 1.2% | 12.50% |
5 Yr | 6.5%* | -6.8% | 11.2% | 76.32% |
10 Yr | 7.0%* | -1.1% | 9.9% | 51.67% |
* Annualized
Total Return Ranking - Calendar
Period | VICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.3% | -7.7% | 15.3% | 50.60% |
2022 | -11.4% | -37.8% | -9.7% | 7.32% |
2021 | 11.3% | -12.2% | 11.3% | 1.22% |
2020 | 11.8% | 5.8% | 64.4% | 96.15% |
2019 | 20.5% | 12.2% | 28.7% | 78.21% |
NAV & Total Return History
VICIX - Holdings
Concentration Analysis
VICIX | Category Low | Category High | VICIX % Rank | |
---|---|---|---|---|
Net Assets | 277 M | 17.5 M | 3.69 B | 74.70% |
Number of Holdings | 45 | 40 | 381 | 93.98% |
Net Assets in Top 10 | 139 M | 4.72 M | 669 M | 73.49% |
Weighting of Top 10 | 50.53% | 9.5% | 50.5% | 2.41% |
Top 10 Holdings
- BOOKING HOLDINGS INC 6.17%
- WELLS FARGO CO 5.82%
- BANK OF AMERICA CORP 5.72%
- PIONEER NATURAL RESOURCE 5.65%
- SOUTHWEST AIRLINES CO 5.62%
- EQT CORP 5.20%
- NEXTERA ENERGY INC 4.65%
- EXPEDIA GROUP INC 4.21%
- BARCLAYS BANK PLC 3.84%
- FORD MOTOR COMPANY 3.66%
Asset Allocation
Weighting | Return Low | Return High | VICIX % Rank | |
---|---|---|---|---|
Bonds | 76.47% | 0.00% | 100.75% | 84.34% |
Convertible Bonds | 61.89% | 37.15% | 110.54% | 92.77% |
Preferred Stocks | 19.70% | 0.00% | 22.50% | 3.61% |
Cash | 4.74% | -78.94% | 8.82% | 26.51% |
Stocks | 0.86% | 0.00% | 23.09% | 62.65% |
Other | 0.00% | -17.11% | 1.27% | 83.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VICIX % Rank | |
---|---|---|---|---|
Utilities | 78.69% | 0.00% | 100.00% | 43.24% |
Industrials | 21.31% | 0.00% | 23.08% | 4.05% |
Technology | 0.00% | 0.00% | 23.73% | 89.19% |
Real Estate | 0.00% | 0.00% | 27.87% | 89.19% |
Healthcare | 0.00% | 0.00% | 20.31% | 94.59% |
Financial Services | 0.00% | 0.00% | 20.48% | 89.19% |
Energy | 0.00% | 0.00% | 40.56% | 87.84% |
Communication Services | 0.00% | 0.00% | 100.00% | 87.84% |
Consumer Defense | 0.00% | 0.00% | 25.78% | 90.54% |
Consumer Cyclical | 0.00% | 0.00% | 24.79% | 86.49% |
Basic Materials | 0.00% | 0.00% | 24.08% | 91.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VICIX % Rank | |
---|---|---|---|---|
US | 0.86% | 0.00% | 22.42% | 62.65% |
Non US | 0.00% | 0.00% | 1.55% | 90.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VICIX % Rank | |
---|---|---|---|---|
Corporate | 100.00% | 91.11% | 100.00% | 15.66% |
Cash & Equivalents | 4.74% | 0.00% | 8.82% | 27.71% |
Derivative | 0.00% | 0.00% | 0.22% | 80.72% |
Securitized | 0.00% | 0.00% | 0.00% | 87.95% |
Municipal | 0.00% | 0.00% | 0.00% | 87.95% |
Government | 0.00% | 0.00% | 2.94% | 89.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VICIX % Rank | |
---|---|---|---|---|
US | 76.47% | 0.00% | 100.75% | 84.34% |
Non US | 0.00% | 0.00% | 19.91% | 89.16% |
VICIX - Expenses
Operational Fees
VICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.92% | 0.20% | 3.16% | 67.47% |
Management Fee | 0.74% | 0.20% | 1.23% | 65.85% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.00% |
Administrative Fee | N/A | 0.04% | 0.15% | 74.67% |
Sales Fees
VICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
VICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 30.00% | 154.00% | 3.75% |
VICIX - Distributions
Dividend Yield Analysis
VICIX | Category Low | Category High | VICIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.39% | 0.00% | 4.30% | 20.48% |
Dividend Distribution Analysis
VICIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
VICIX | Category Low | Category High | VICIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.59% | -3.72% | 3.69% | 3.66% |
Capital Gain Distribution Analysis
VICIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 25, 2024 | $0.144 | OrdinaryDividend |
Dec 21, 2023 | $0.007 | OrdinaryDividend |
Sep 18, 2023 | $0.229 | OrdinaryDividend |
Jun 21, 2023 | $0.087 | OrdinaryDividend |
Mar 21, 2023 | $0.194 | OrdinaryDividend |
Dec 21, 2022 | $0.002 | OrdinaryDividend |
Dec 14, 2022 | $0.143 | OrdinaryDividend |
Sep 19, 2022 | $0.114 | OrdinaryDividend |
Jun 22, 2022 | $0.059 | OrdinaryDividend |
Mar 22, 2022 | $0.066 | OrdinaryDividend |
Dec 22, 2021 | $1.378 | OrdinaryDividend |
Dec 16, 2021 | $0.328 | OrdinaryDividend |
Sep 20, 2021 | $0.071 | OrdinaryDividend |
Jun 22, 2021 | $0.070 | OrdinaryDividend |
Mar 22, 2021 | $0.063 | OrdinaryDividend |
Dec 22, 2020 | $0.716 | OrdinaryDividend |
Sep 23, 2020 | $0.085 | OrdinaryDividend |
Jun 24, 2020 | $0.088 | OrdinaryDividend |
Mar 25, 2020 | $0.070 | OrdinaryDividend |
Dec 23, 2019 | $0.167 | OrdinaryDividend |
Dec 17, 2019 | $0.117 | CapitalGainShortTerm |
Dec 17, 2019 | $0.471 | CapitalGainLongTerm |
Sep 25, 2019 | $0.068 | OrdinaryDividend |
Jun 25, 2019 | $0.070 | OrdinaryDividend |
Mar 26, 2019 | $0.048 | OrdinaryDividend |
Dec 26, 2018 | $0.186 | OrdinaryDividend |
Dec 19, 2018 | $0.000 | CapitalGainShortTerm |
Dec 19, 2018 | $0.483 | CapitalGainLongTerm |
Jun 26, 2018 | $0.070 | OrdinaryDividend |
Mar 26, 2018 | $0.049 | OrdinaryDividend |
Dec 26, 2017 | $0.328 | OrdinaryDividend |
Dec 20, 2017 | $0.089 | CapitalGainLongTerm |
Sep 26, 2017 | $0.051 | OrdinaryDividend |
Jun 27, 2017 | $0.058 | OrdinaryDividend |
Mar 28, 2017 | $0.035 | OrdinaryDividend |
Dec 28, 2016 | $0.157 | OrdinaryDividend |
Sep 28, 2016 | $0.049 | OrdinaryDividend |
Jun 28, 2016 | $0.023 | OrdinaryDividend |
Mar 29, 2016 | $0.021 | OrdinaryDividend |
Dec 29, 2015 | $0.282 | OrdinaryDividend |
Sep 28, 2015 | $0.047 | OrdinaryDividend |
Jun 26, 2015 | $0.038 | OrdinaryDividend |
Mar 27, 2015 | $0.024 | OrdinaryDividend |
Dec 29, 2014 | $0.215 | OrdinaryDividend |
Sep 26, 2014 | $0.033 | OrdinaryDividend |
Jun 26, 2014 | $0.034 | OrdinaryDividend |
Mar 26, 2014 | $0.028 | OrdinaryDividend |
Dec 26, 2013 | $0.315 | OrdinaryDividend |
Sep 26, 2013 | $0.055 | OrdinaryDividend |
Jun 26, 2013 | $0.043 | OrdinaryDividend |
Mar 26, 2013 | $0.037 | OrdinaryDividend |
Dec 27, 2012 | $0.076 | OrdinaryDividend |
Mar 28, 2012 | $0.020 | OrdinaryDividend |
Dec 27, 2011 | $0.267 | OrdinaryDividend |
Sep 27, 2011 | $0.065 | OrdinaryDividend |
Jun 27, 2011 | $0.067 | OrdinaryDividend |
Mar 28, 2011 | $0.055 | OrdinaryDividend |
Dec 29, 2010 | $0.142 | OrdinaryDividend |
Sep 28, 2010 | $0.067 | OrdinaryDividend |
Jul 29, 2010 | $0.013 | ExtraDividend |
Jun 29, 2010 | $0.066 | OrdinaryDividend |
Mar 30, 2010 | $0.074 | OrdinaryDividend |
Dec 23, 2009 | $0.262 | OrdinaryDividend |
Sep 29, 2009 | $0.089 | OrdinaryDividend |
Jun 23, 2009 | $0.093 | OrdinaryDividend |
Mar 24, 2009 | $0.078 | OrdinaryDividend |
Sep 24, 2008 | $0.243 | OrdinaryDividend |
Jun 25, 2008 | $0.079 | OrdinaryDividend |
Mar 26, 2008 | $0.061 | OrdinaryDividend |
Dec 26, 2007 | $0.376 | OrdinaryDividend |
Sep 26, 2007 | $0.016 | OrdinaryDividend |
VICIX - Fund Manager Analysis
Managers
James Kaesberg
Start Date
Tenure
Tenure Rank
Apr 30, 1996
26.1
26.1%
Mr. Kaesberg is a Senior Portfolio Manager of Victory Capital Management Inc. and has been associated withVictory Capital Management Inc. or its affiliates since 1985. Mr. Kaesberg is a CFA charterholder.
Mark Vucenovic
Start Date
Tenure
Tenure Rank
Mar 01, 2014
8.25
8.3%
Mr. Vucenovic is a Portfolio Manager/Analyst of Victory Capital Management Inc. and has been associated with Victory Capital Management Inc. or an affiliate since 2009, and previously, from 1995-2002.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 36.97 | 10.02 | 7.42 |