Victory High Income Municipal Fund Class A (PIMAX)
| Fund Assets | 626.84M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 8.15% |
| Dividend Growth | 56.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 5.63 |
| YTD Return | 1.83% |
| 1-Year Return | 2.70% |
| 5-Year Return | -6.17% |
| 52-Week Low | 5.53 |
| 52-Week High | 6.03 |
| Beta (5Y) | n/a |
| Holdings | 186 |
| Inception Date | Oct 17, 2006 |
About PIMAX
Victory Pioneer High Income Municipal Fund Class A is a mutual fund focused on delivering a high level of current income that is exempt from regular federal income tax, while also seeking capital appreciation. The fund primarily invests in high yield, or "junk," municipal securities issued by states, counties, and municipalities across the United States. These bonds are typically rated below investment grade or are unrated, offering higher yields to compensate for their greater credit risk. By maintaining a diversified portfolio with a broad range of maturities, the fund aims to balance income generation with risk management. It is classified within the high yield municipal bond category and holds hundreds of distinct securities, with a significant allocation to tobacco settlement-related bonds and other specialized municipal issues. As of recent reports, the fund manages over a billion dollars in assets and distributes income on a monthly basis, making it a notable choice for those seeking tax-advantaged income exposure within the municipal bond market.
Performance
PIMAX had a total return of 2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.02521 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02599 | May 1, 2026 |
| Mar 31, 2026 | $0.02642 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02126 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02781 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02735 | Dec 31, 2025 |