About PMFYX
Victory Pioneer Multi-Asset Income Fund Class Y is a globally diversified mutual fund focused on generating a high level of current income, with capital appreciation as a secondary objective. Structured as a flexible portfolio, the fund allocates assets across a broad spectrum of income-producing investments, including both equity and debt securities. It invests in companies and issuers worldwide, notably with an ability to include up to 30% of assets in emerging markets, while maintaining a limit on overall U.S. exposure to no more than 75% of assets at any given time. The fund typically maintains a moderate risk profile, aligning with the global moderate allocation category, which targets a balance between capital preservation and appreciation through a strategic blend of stocks, bonds, and cash equivalents. Noteworthy features include a competitive yield—recently near 6-7%—and a disciplined, institutional approach to risk management and diversification, utilizing both traditional and less commonly used asset classes. This structure is designed to appeal to investors seeking stable income streams and risk-adjusted returns through market cycles, as evidenced by its multi-manager strategy and active asset allocation across various sectors and regions.
Fund Family Victory Capital Management Inc.
Category Flexible Portfolio
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PMFYX
Share Class Class Y
Index Bloomberg U.S. Aggregate Bond TR
PMFYX had a total return of 23.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.59%.
