Victory Fund for Income R (GGIFX)
| Fund Assets | 341.55M |
| Expense Ratio | 0.91% |
| Min. Investment | $2,500 |
| Turnover | 3.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 4.70% |
| Dividend Growth | -14.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 6.89 |
| YTD Return | 2.06% |
| 1-Year Return | 1.74% |
| 5-Year Return | 2.50% |
| 52-Week Low | 6.79 |
| 52-Week High | 6.96 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Sep 16, 1987 |
About GGIFX
Victory Fund for Income Class R is an actively managed mutual fund focused on generating a high level of current income while preserving capital. The strategy primarily targets securities issued or guaranteed by the U.S. government and its agencies, with a distinct emphasis on mortgage-backed obligations and collateralized mortgage obligations from the Government National Mortgage Association, which carry the full faith and credit of the U.S. government. Under normal conditions, the portfolio maintains an average effective maturity in the short-to-intermediate range, aligning with a short government category profile and aiming to limit interest-rate sensitivity. The fund distributes income monthly and pays capital gains annually, reflecting its income-centric mandate. With hundreds of holdings and a long operating history since 1987, it serves as a conservative core bond allocation for investors seeking government-backed mortgage exposure and consistent cash flows, while seeking to outperform the Bloomberg U.S. 1–5 Year Government Bond Index over a full cycle through security selection and prepayment-risk management.
Performance
GGIFX had a total return of 1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.
Top 10 Holdings
38.93% of assets| Name | Symbol | Weight |
|---|---|---|
| United States of America - U S TREASURY BOND | T.6.375 08.15.27 | 20.68% |
| United States of America - UNITED STATES TREASURY BILL | B.0 07.10.25 | 6.08% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE CORPORATION | G2.785858 | 2.53% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.786993 | 1.77% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.785807 | 1.39% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE CORPORATION | G2.3285 | 1.37% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | n/a | 1.33% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.782861 | 1.30% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | n/a | 1.27% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | G2.782866 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 15, 2025 | $0.02805 | Sep 16, 2025 |
| Aug 13, 2025 | $0.02378 | Aug 14, 2025 |
| Jul 16, 2025 | $0.02669 | Jul 17, 2025 |
| Jun 16, 2025 | $0.02926 | Jun 17, 2025 |
| May 14, 2025 | $0.02569 | May 15, 2025 |
| Apr 16, 2025 | $0.02713 | Apr 17, 2025 |