About PBFKX
Victory Pioneer Bond Fund Class R6 is an intermediate core-plus bond mutual fund designed to provide both current income and total return. Its primary investment strategy involves allocating at least 80% of its net assets to a diverse range of debt securities, including those issued or guaranteed by the U.S. government and its agencies, as well as high-quality corporate bonds. The fund is managed by a seasoned team employing a disciplined, research-driven approach aimed at balancing credit quality and interest rate sensitivity. Its portfolio features a broad mix of holdings, with significant portions invested in U.S. Treasury notes, Treasury bills, and agency-backed securities. The fund is categorized with medium credit quality and moderate interest rate sensitivity, making it suitable for institutional or retirement-focused investors seeking broad fixed-income exposure. Victory Pioneer Bond Fund Class R6 also maintains a relatively low expense ratio, a strict focus on risk management, and a large portfolio size, reflecting its significant role in the fixed-income segment of the mutual fund market.
Fund Family Victory Capital Management Inc.
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PBFKX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
PBFKX had a total return of -1.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.36%.
