Victory High Income Municipal Bond C (RSHCX)
| Fund Assets | 34.69M |
| Expense Ratio | 1.57% |
| Min. Investment | $2,500 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.38% |
| Dividend Growth | -3.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.37 |
| YTD Return | -1.38% |
| 1-Year Return | -2.96% |
| 5-Year Return | 2.57% |
| 52-Week Low | 8.93 |
| 52-Week High | 9.88 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Nov 23, 2009 |
About RSHCX
Victory High Income Municipal Bond Fund Class C is a mutual fund focused on providing investors with a high current income that is exempt from federal income taxes. The fund primarily invests in municipal bonds, particularly those near the lower end of investment-grade ratings and may allocate up to 100% of its assets to below investment grade or unrated municipal securities, commonly referred to as "high yield" or "junk" bonds. Its portfolio construction is based on rigorous, bond-by-bond analysis of issuers' creditworthiness and security structures. This approach makes the fund a notable participant in the high-yield municipal bond segment, offering exposure to U.S. infrastructure sectors such as healthcare and education that rely on municipal debt financing. The fund’s role in the market is to cater to individuals or institutions seeking federally tax-exempt income and willing to accept higher credit risk for the potential of above-average yields compared to traditional municipal bond funds. Its strategy is designed to appeal to investors aiming for a combination of income generation and moderate capital appreciation while addressing the unique risk-return profile of lower-rated municipal bonds.
Performance
RSHCX had a total return of -2.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.15%.
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 | $0.02873 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02819 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02718 | Jul 1, 2025 |
| May 30, 2025 | $0.02561 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02661 | May 1, 2025 |
| Mar 31, 2025 | $0.02726 | Apr 1, 2025 |