Victory Market Neutral Income Member (CBHMX)
| Fund Assets | 2.70B |
| Expense Ratio | 0.56% |
| Min. Investment | $3,000 |
| Turnover | 88.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.11% |
| Dividend Growth | -3.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.60 |
| YTD Return | 3.75% |
| 1-Year Return | 4.91% |
| 5-Year Return | n/a |
| 52-Week Low | 8.31 |
| 52-Week High | 8.76 |
| Beta (5Y) | n/a |
| Holdings | 421 |
| Inception Date | Nov 3, 2020 |
About CBHMX
Victory Portfolios II: Victory Market Neutral Income Fund Member Class is a mutual fund designed to provide high current income through a market neutral investment strategy. The fund primarily aims to generate returns that are independent of broad market movements by combining long positions in high-dividend stocks—selected from Nasdaq Victory High Dividend Volatility Weighted Indexes—with short positions in equity index futures such as the S&P 500, Russell 2000, or MSCI EAFE and Emerging Markets indexes. This strategy enables the fund to maintain a low correlation to both domestic and international equity and bond markets, offering an alternative source of income with risk characteristics similar to traditional bonds. The fund invests across various sectors and market capitalizations, and its process is supported by a proprietary, systematic approach that seeks to mitigate the impact of market volatility and equity risk. Portfolio management focuses on consistently delivering monthly income distributions while seeking to provide stability and diversification within investor portfolios, making it particularly relevant for those seeking exposure to alternative income streams and reduced dependency on traditional asset classes.
Performance
CBHMX had a total return of 4.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.46%.
Top 10 Holdings
7.57% of assets| Name | Symbol | Weight |
|---|---|---|
| NASDAQ 100 E MINI FUTURE SEP25 | NQU25 | 3.38% |
| Taiwan Mobile Co., Ltd. | 3045 | 0.56% |
| Tenaga Nasional Berhad | TENAGA | 0.48% |
| SCB X PCL | SCB | 0.48% |
| Ambev S.A. | ABEV3 | 0.48% |
| BB Seguridade Participações S.A. | BBSE3 | 0.46% |
| Spire Inc. | SR | 0.45% |
| CME Group Inc. | CME | 0.43% |
| Orlen S.A. | PKN | 0.43% |
| Orange S.A. | ORA | 0.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 13, 2025 | $0.01552 | Aug 14, 2025 |
| Jul 16, 2025 | $0.03658 | Jul 17, 2025 |
| Jun 16, 2025 | $0.05417 | Jun 17, 2025 |
| May 14, 2025 | $0.03617 | May 15, 2025 |
| Apr 16, 2025 | $0.03449 | Apr 17, 2025 |
| Mar 17, 2025 | $0.03658 | Mar 18, 2025 |