About RCRAX
Victory Pioneer Active Credit Fund Class A is a mutual fund that seeks total return, including high current income, through a flexible active credit strategy. Under normal circumstances, it invests at least 80% of its net assets in a diversified portfolio of fixed-income securities, primarily bonds across multiple sectors such as U.S. government obligations, corporate bonds, foreign bonds, securitized assets like mortgage-backed securities, and high-yield debt. The fund maintains allocations to domestic bonds around 55%, non-U.S. bonds about 33%, cash investments roughly 12%, and smaller positions in preferred securities and convertibles, with top holdings including Federal National Mortgage Association securities and various corporate credits. Classified in the Multisector Bond category, it features multiple portfolio managers and a portfolio turnover rate of 142%, enabling dynamic adjustments to market conditions. Victory Pioneer Active Credit Fund Class A, managed by Victory Capital since its inception in 2017, plays a role in providing investors exposure to a broad spectrum of credit opportunities aimed at income generation and capital appreciation within the fixed-income market.
Fund Family Victory Capital Management Inc.
Category Multisector Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RCRAX
Share Class Class A
Index Index is not available on Lipper Database
RCRAX had a total return of 5.36% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.78%.
