About CVCFX
Victory Pioneer Disciplined Value Class C is a large value mutual fund managed by Victory Capital. Its primary function is to achieve long-term capital growth by investing predominantly in equity securities of large-cap U.S. companies that exhibit low valuations and slower growth characteristics compared to other large-cap stocks. The fund employs a disciplined, multi-manager approach, focusing on stocks with attractive price ratios and high dividend yields, which are typically considered undervalued relative to their peers.
The portfolio is notably concentrated, with approximately 39% of assets in its top ten holdings, including major financial institutions like JPMorgan Chase, Bank of America, and Goldman Sachs, alongside companies from the healthcare, technology, industrials, energy, and communication services sectors. The regional exposure is overwhelmingly to North America, with over 97% in U.S. stocks, highlighting its domestic market focus. Sector allocations skew towards financials, industrials, and healthcare, reflecting its value orientation.
Victory Pioneer Disciplined Value Class C plays a significant role in the market by providing investors with access to established, value-oriented large-cap U.S. equities, aiming for steady long-term capital appreciation rather than high-growth speculation. Its risk-adjusted performance is recognized by Morningstar, though it has relatively high fees compared to similar funds.
Fund Family Victory Capital Management Inc.
Category Large Value
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CVCFX
Share Class Class C
Index Russell 1000 Value TR
CVCFX had a total return of 16.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.33%.
