Victory High Income Municipal Fund Class C (HICMX)
| Fund Assets | 718.98M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 7.48% |
| Dividend Growth | 75.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.72 |
| YTD Return | 1.49% |
| 1-Year Return | -0.83% |
| 5-Year Return | -5.19% |
| 52-Week Low | 5.46 |
| 52-Week High | 5.87 |
| Beta (5Y) | 0.31 |
| Holdings | 188 |
| Inception Date | Oct 17, 2006 |
About HICMX
Victory Pioneer High Income Municipal Fund Class C is an open-end mutual fund designed to provide investors with a high level of current income that is exempt from regular federal income tax. The fund primarily invests in high-yield municipal bonds, often referred to as "junk bonds," which are either unrated or rated below investment grade (BBB or lower) by major credit agencies. This approach offers the potential for higher income, although it comes with increased credit risk relative to investment-grade municipal funds. The fund typically holds a diversified portfolio of municipal securities from a range of issuers, including states, counties, and municipalities across the United States, with flexibility to invest in securities of varying maturities. Managed with a focus on in-depth credit analysis and security selection, the fund’s top holdings often include sectors like tobacco settlement and transportation development bonds. With a history dating back to 2006, Victory Pioneer High Income Municipal Fund Class C plays a significant role for investors seeking tax-advantaged income, particularly those willing to accept higher risk in pursuit of greater yield within the municipal bond segment of the market.
Performance
HICMX had a total return of -0.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.78%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02424 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02343 | Dec 31, 2025 |
| Nov 28, 2025 | $0.1817 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0222 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0223 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0222 | Aug 29, 2025 |