Victory Market Neutral Income Fund Class A (CBHAX)
| Fund Assets | 3.11B |
| Expense Ratio | 0.76% |
| Min. Investment | $2,500 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.16% |
| Dividend Growth | -16.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 15, 2026 |
| Previous Close | 9.18 |
| YTD Return | 8.77% |
| 1-Year Return | 9.14% |
| 5-Year Return | 24.54% |
| 52-Week Low | 8.39 |
| 52-Week High | 9.36 |
| Beta (5Y) | n/a |
| Holdings | 433 |
| Inception Date | Nov 19, 2012 |
About CBHAX
Victory Market Neutral Income Fund Class A is an alternative mutual fund that seeks to generate high current income while employing a market neutral investment strategy. Its primary function is to provide investors with exposure to income-generating equity securities, while simultaneously minimizing the influence of overall market movements. The fund accomplishes this by taking long positions in high-dividend equities and offsetting them with short positions in equity index futures, aiming to maintain a portfolio with a low correlation to both domestic and international equity and bond markets. This strategy helps mitigate market volatility and systematic risk, making the fund appealing to those seeking diversification away from traditional asset classes. The fund does not typically hold fixed income securities, so it avoids interest rate risk and duration exposure. It invests across global sectors and regions, with holdings in both developed and emerging markets, and maintains a diverse portfolio to help stabilize returns. Victory Market Neutral Income Fund Class A provides monthly income distributions and serves as a potential source of alternative yield in a variety of market conditions.
Performance
CBHAX had a total return of 9.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.25%.
Top 10 Holdings
6.49% of assets| Name | Symbol | Weight |
|---|---|---|
| S P 500 EMINI FUTURE JUN26 | ESM26 | 1.90% |
| Orlen S.A. | PKN | 0.60% |
| New Jersey Resources Corporation | NJR | 0.55% |
| Spire Inc. | SR | 0.51% |
| SCB X PCL | SCB | 0.51% |
| Portland General Electric Company | POR | 0.51% |
| Ambev S.A. | ABEV3 | 0.49% |
| Orange S.A. | ORA | 0.49% |
| Vale S.A. | VALE3 | 0.48% |
| Eni S.p.A. | ENI | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.04168 | Jun 16, 2026 |
| May 13, 2026 | $0.03919 | May 14, 2026 |
| Apr 15, 2026 | $0.02417 | Apr 16, 2026 |
| Mar 16, 2026 | $0.02299 | Mar 17, 2026 |
| Feb 11, 2026 | $0.00776 | Feb 12, 2026 |
| Jan 14, 2026 | $0.02399 | Jan 15, 2026 |