Victory High Income Mun C (HICMX)

Fund Assets	518.29M
Expense Ratio	1.624%
Min. Investment	$1,000
Turnover	54.00%
Dividend (ttm)	0.42
Dividend Yield	8.04%
Dividend Growth	61.59%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.18
YTD Return	-4.04%
1-Year Return	-5.73%
5-Year Return	-13.93%
52-Week Low	5.14
52-Week High	6.03
Beta (5Y)	0.30
Holdings	185
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.

• Fund Family: Victory Capital Management Inc.
• Category: High Yield Muni
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: HICMX
• Share Class: Class C
• Index: Bloomberg Municipal Bond High Yield TR

Performance

HICMX had a total return of -5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.39%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HIMYX	Class Y	0.55%
PIMAX	Class A	0.82%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02209	Sep 30, 2026
Aug 31, 2026	$0.02165	Aug 31, 2026
Jul 31, 2026	$0.02001	Jul 31, 2026
Jun 30, 2026	$0.02136	Jun 30, 2026
May 29, 2026	$0.02178	Jun 1, 2026
Apr 30, 2026	$0.02243	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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