Victory High Income Fund Class A (UHYOX) Fund Details & Analysis

Fund Information

Fund Category High Yield Bond

Fund Family Victory Capital

Fund Style Large Value

ISIN US90291A8172

CUSIP 903288447

Inception Date 1999-08-02

Domicile United States

Country USA

Fiscal Year End July

NAV Chart

Fund Metrics

Net Assets $1.79 Billion

Share Class Net Assets $8.46 Million

Expense Ratio 0.91%

Expense Ratio Date 2019-12-01

Dividend Yield 0.07%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.78%

1-Year Return 12.11%

3-Year Return 1.88%

5-Year Return 3.17%

NAV $6.88

Previous Close Price $6.88

Last Update 2024-03-31

Dividend Information

Dividend Yield 0.07%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Victory High Income Fund Class A

The fund primarily invests its assets in a broad range of U.S. dollar-denominated high-yield securities, including bonds, convertible securities, leveraged loans, or preferred stocks, with an emphasis on non-investment-grade debt securities. Although the fund will invest primarily in U.S. securities, it may invest without limit in dollar-denominated foreign securities and to a limited extent in non-dollar-denominated foreign securities, including in each case emerging-markets securities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 76831.46%

Giant 0.00%

Large 0.07%

Medium 0.06%

Micro 0.00%

Small 0.00%

Value & Growth Metrics

Book-Value Growth % -15.78%

Cash-Flow Growth % 3.92%

Dividend Yield % 5.84%

Historical Earnings % -1.82%

Long-Term Earnings % 2.10%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	86.74%	86.74%	0.00%	95.13%	99.88%
Cash	12.01%	12.01%	0.00%	5.85%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.08%	0.06%
Not Classified	1.11%	1.11%	0.00%	1.25%	0.05%
Other	0.00%	0.00%	0.00%	0.37%	0.00%
US Stock	0.14%	0.14%	0.00%	0.77%	0.00%

Top Holdings

Name	Weight	Owned	Change
Community Health Systems Incorporated 8%	1.06	12,000,000	0
Nustar Logistics, L.P. 0%	0.93	437,747	-5,951
First Quantum Minerals Ltd. 7.5%	0.86	10,000,000	0
Prime Securities Services Borrower, LLC and Prime Finance, Inc. 6.25%	0.83	10,000,000	0
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%	0.82	10,000,000	0
CSC Holdings, LLC 5.75%	0.76	10,000,000	0
Davita Inc 3.75%	0.75	10,000,000	0
UniCredit S.p.A. 0%	0.72	8,000,000	-2,000,000
Caesars Entertainment Inc New 4.625%	0.72	9,000,000	0
Hilcorp Energy I L.P/Hilcorp Finance Co 6.25%	0.69	8,000,000	0
BWAY Holding Co. 7.25%	0.67	8,000,000	0
Ford Motor Company 6.625%	0.65	7,000,000	-1,000,000
Tegna Inc 5%	0.64	7,500,000	500,000
TransDigm, Inc. 5.5%	0.59	7,000,000	0
Bombardier Inc. 7.5%	0.59	6,934,000	-1,066,000
DISH DBS Corporation 7.75%	0.59	7,000,000	0
Altice France Holdings S A 6%	0.59	8,000,000	0
Calpine Corporation 4.625%	0.55	7,000,000	-3,000,000
OneMain Financial Corporation 7.125%	0.54	6,000,000	0
Scientific Games International, Inc. 8.25%	0.53	6,000,000	0
Louisiana Pacific Corporation 3.625%	0.53	6,750,000	-250,000
Murphy Oil Corporation 5.75%	0.52	6,000,000	0
Ford Motor Credit Company LLC 4.125%	0.52	6,250,000	0
Beazer Homes USA, Inc. 7.25%	0.51	6,000,000	0
Ford Motor Credit Company LLC 5.113%	0.51	6,000,000	-4,000,000

See the full breakdown of UHYOX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	4.62%	10.72%	0.00%
Bond Sector	Corporate	0.00%	89.86%	79.17%	100.00%
Bond Sector	Derivative	0.00%	1.93%	0.00%	0.00%
Bond Sector	Government	0.00%	2.16%	0.66%	0.00%
Bond Sector	Municipal	0.00%	0.03%	0.00%	0.00%
Bond Sector	Securitized	0.00%	1.41%	9.45%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	100.00%
Cyclical	Real Estate	49.01%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	50.96%	0.00%	0.00%	0.00%
Sensitive	Energy	0.03%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.02%	-	-
Americas	North America	93.98%	100.00%	-
Greater Asia	Asia Developed	2.72%	-	-
Greater Asia	Asia Emerging	0.02%	-	-
Greater Asia	Australasia	0.00%	-	-
Greater Asia	Japan	0.02%	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	0.09%	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	3.14%	-	100.00%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
No dividend history available

Victory High Income Fund Class A NMFQS:UHYOX