Victory Pioneer Equity Income Fund Class R (PQIRX)
| Fund Assets | 872.18M |
| Expense Ratio | 1.42% |
| Min. Investment | $5,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 9.77 |
| Dividend Yield | 37.24% |
| Dividend Growth | 84.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 26.06 |
| YTD Return | 2.34% |
| 1-Year Return | 5.48% |
| 5-Year Return | 57.06% |
| 52-Week Low | 22.29 |
| 52-Week High | 36.37 |
| Beta (5Y) | n/a |
| Holdings | 61 |
| Inception Date | Apr 1, 2003 |
About PQIRX
Victory Pioneer Equity Income Fund Class R is a mutual fund designed to provide investors with above-average income through equity investments. Its primary objective is to generate a current dividend yield that exceeds that of the Standard & Poor’s 500 Index, focusing predominantly on large-cap U.S. companies with strong dividend profiles. The fund falls under the "large value" category, targeting companies that are well-established, financially stable, and typically undervalued by the market—often characterized by lower price ratios and higher dividend yields. With over 50 holdings, the portfolio is diversified across sectors such as financial services, energy, communication services, and technology, including notable names like Exxon Mobil, Wells Fargo, Johnson & Johnson, and United Parcel Service. Managed by a team employing a value-oriented strategy, the fund is also recognized for distributing income on a quarterly basis. Its role in the market is to serve income-focused investors seeking exposure to blue-chip equities while aiming for consistent dividend payouts and potential for capital appreciation over time.
Performance
PQIRX had a total return of 5.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.
Top 10 Holdings
34.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo & Company | WFC | 4.78% |
| Exxon Mobil Corporation | XOM | 4.53% |
| Johnson & Johnson | JNJ | 3.54% |
| JPMorgan Chase & Co. | JPM | 3.37% |
| Cisco Systems, Inc. | CSCO | 3.37% |
| Bank of America Corporation | BAC | 3.23% |
| The Walt Disney Company | DIS | 3.13% |
| 3M Company | MMM | 3.06% |
| State Street Corporation | STT | 2.95% |
| Morgan Stanley | MS | 2.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.110 | Jun 20, 2025 |
| Mar 20, 2025 | $0.120 | Mar 20, 2025 |
| Dec 23, 2024 | $0.092 | Dec 23, 2024 |
| Nov 26, 2024 | $9.3134 | Nov 26, 2024 |
| Sep 19, 2024 | $0.130 | Sep 19, 2024 |
| Jun 20, 2024 | $0.110 | Jun 20, 2024 |