Victory Amt-Free Municipal Fund Class C (MNBCX)
| Fund Assets | 449.70M |
| Expense Ratio | 1.54% |
| Min. Investment | $1,000 |
| Turnover | 68.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.19% |
| Dividend Growth | 61.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.98 |
| YTD Return | -1.16% |
| 1-Year Return | -0.87% |
| 5-Year Return | -13.01% |
| 52-Week Low | 11.68 |
| 52-Week High | 12.89 |
| Beta (5Y) | n/a |
| Holdings | 124 |
| Inception Date | Oct 1, 2003 |
About MNBCX
Victory Pioneer AMT-Free Municipal Fund Class C is a mutual fund primarily focused on providing investors with income that is exempt from federal alternative minimum tax (AMT). Its core strategy involves investing at least 80% of net assets in investment grade municipal bonds, which are issued by state and local governments to finance public projects such as schools, roads, and utilities. By emphasizing tax-exempt income, the fund caters to individuals seeking to manage their tax liability, particularly those affected by the AMT. The fund manages assets totaling over $900 million and maintains an expense ratio of 1.54%. It benchmarks its performance against the Barclays Capital Municipal Bond Index, aligning its portfolio to reflect the broader municipal bond market. The Victory Pioneer AMT-Free Municipal Fund Class C plays a distinct role in the financial market by offering diversified, professionally managed exposure to high-quality municipal debt securities while emphasizing tax-advantaged income for its investors.
Performance
MNBCX had a total return of -0.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03386 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02858 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03261 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03567 | Dec 31, 2025 |
| Nov 28, 2025 | $0.1652 | Nov 28, 2025 |
| Oct 31, 2025 | $0.032 | Oct 31, 2025 |