About PSRAX
Victory Pioneer Strategic Income Fund Class A is a multisector bond mutual fund designed to deliver a high level of current income by investing primarily in debt securities. This fund allocates at least 80% of its assets to various fixed income instruments, including those issued or guaranteed by the U.S. government, federal agencies, non-U.S. governmental entities, and corporate issuers. Its diversified approach spans multiple segments of the debt market, enabling the fund to manage risk while seeking income across varying interest rate environments.
With over $3 billion in assets, the fund is notable for holding more than a thousand distinct positions, combining exposures to U.S. Treasury instruments, mortgage-backed securities, and select derivatives to enhance portfolio returns and manage duration. The fund follows an actively managed strategy, adapting to changing market conditions and interest rates, and distributing income to its shareholders monthly. Since its inception in 1999, Victory Pioneer Strategic Income Fund Class A has served as a significant component in the bond fund sector, offering investors access to a broad range of fixed income opportunities for income generation and portfolio diversification.
Fund Family Victory Capital Management Inc.
Category Multisector Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol PSRAX
Share Class Class A
Index Bloomberg U.S. Universal TR
PSRAX had a total return of -0.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.19%.
