Victory High Income Municipal Bond Y (RHMYX)
| Fund Assets | 34.69M |
| Expense Ratio | 0.57% |
| Min. Investment | $3,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.37% |
| Dividend Growth | -2.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.37 |
| YTD Return | -1.34% |
| 1-Year Return | -2.60% |
| 5-Year Return | 6.92% |
| 52-Week Low | 8.93 |
| 52-Week High | 9.89 |
| Beta (5Y) | 0.35 |
| Holdings | 88 |
| Inception Date | Nov 23, 2009 |
About RHMYX
Victory High Income Municipal Bond Fund Class Y is an open-end mutual fund focused on generating a high level of current income that is generally exempt from federal income taxes, with a secondary objective of capital appreciation. The strategy emphasizes bond-by-bond construction informed by fundamental credit research, investing primarily in municipal bonds at the lower end of investment-grade and allowing substantial exposure to below-investment-grade and unrated securities. The portfolio exhibits higher credit risk relative to broad municipal benchmarks and is designed for investors seeking elevated tax-exempt income from sectors such as education, healthcare, tax revenue, and special purpose revenue bonds. The fund is actively managed by a seasoned team and employs bottom-up security selection to identify mispriced credits while aiming to minimize taxable capital gain distributions over time. Class Y features an expense ratio aimed at institutional and fee-based platforms and is part of a share-class structure that includes A and C shares for varied distribution needs. Through diversified municipal holdings and extended duration positioning, it plays a niche role within the high-yield municipal bond market.
Performance
RHMYX had a total return of -2.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.
Top 10 Holdings
26.98% of assets| Name | Symbol | Weight |
|---|---|---|
| LANCASTER CNTY S C ASSMT REV - LANCASTER ASSMT A REF | SC.LANGEN 5 12.01.2037 | 4.22% |
| UTAH INFRASTRUCTURE AGY TELECOMMUNICATION REV - UTAH INFRASTRUCTURE AGY TELE | n/a | 2.92% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV - SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT | AL.SEEPWR 03.01.2055 | 2.63% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV - SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT | AL.SEEPWR 01.01.2056 | 2.56% |
| COLORADO EDL & CULTURAL FACS AUTH REV - COLORADO EDUCATIONAL CULTURAL FACILITIES AUTHORI | CO.COSEDU 6.88 02.01.2059 | 2.55% |
| INDIANA ST FIN AUTH ENVIRONMENTAL REV - INDIANA ST FIN AUTH ENVRNMNTL REVENUE | IN.INSENV 4.12 12.01.2026 | 2.53% |
| MONONGALIA CNTY WEST VA COMMN SPL DIST EXCISE TAX REV - MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX | WV.MNGDEV 5.75 06.01.2043 | 2.53% |
| GRAND FORKS N D SR HSG & NURSING FAC REV - GRAND FORKS ND SENIOR HSG NUR FAC REVENUE | n/a | 2.44% |
| MASSACHUSETTS ST DEV FIN AGY REV - MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | MA.MASDEV 5.25 07.01.2055 | 2.41% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT - NEW YORK STATE DORMITORY AUTHORITY | NY.NYSHGR 6 07.01.2040 | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03643 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03592 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03421 | Jul 1, 2025 |
| May 30, 2025 | $0.03344 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03417 | May 1, 2025 |
| Mar 31, 2025 | $0.03521 | Apr 1, 2025 |