Victory Amt-Free Municipal Fund Class C (MNBCX)

Fund Assets	387.39M
Expense Ratio	1.54%
Min. Investment	$1,000
Turnover	68.00%
Dividend (ttm)	0.52
Dividend Yield	4.42%
Dividend Growth	59.25%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.81
YTD Return	-1.20%
1-Year Return	4.27%
5-Year Return	-14.91%
52-Week Low	11.77
52-Week High	12.56
Beta (5Y)	0.04
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.

• Fund Family: Victory Capital Management Inc.
• Category: Muni National Long
• Performance Rating: Low
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: MNBCX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

MNBCX had a total return of 4.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.10%.

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 M	0.75%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.50%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.50%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PBYMX	Class Y	0.49%
PBMFX	Class A	0.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03481	Jul 31, 2026
Jun 30, 2026	$0.03309	Jun 30, 2026
May 29, 2026	$0.03134	Jun 1, 2026
Apr 30, 2026	$0.03168	May 1, 2026
Mar 31, 2026	$0.03386	Apr 1, 2026
Feb 27, 2026	$0.02858	Mar 2, 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:

Aug 27, 2026

Data Sources Report a data error