Victory Investment Grade Convertible Fund Class A (SBFCX)
| Fund Assets | 226.68M |
| Expense Ratio | 1.25% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 3.37% |
| Dividend Growth | 67.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 18.47 |
| YTD Return | 3.09% |
| 1-Year Return | 8.84% |
| 5-Year Return | 13.96% |
| 52-Week Low | 17.66 |
| 52-Week High | 18.76 |
| Beta (5Y) | 0.46 |
| Holdings | 52 |
| Inception Date | Apr 14, 1988 |
About SBFCX
Victory Investment Grade Convertible Fund Class A is a mutual fund designed to offer investors a blend of current income and long-term capital appreciation. This fund primarily invests at least 80% of its assets in investment-grade convertible securities, which are financial instruments that can be converted into common stock, as well as synthetic convertibles constructed from various derivatives with similar risk-return characteristics. The fund’s core strategy is to maintain a portfolio with a strong credit quality, limiting non-investment grade holdings to a maximum of 20%. By favoring securities backed by companies with solid fundamentals, it seeks to optimize risk-adjusted returns. The fund balances exposure across three strategic groups of convertibles: equity-sensitive, total return, and defensive instruments. Managed with a bottom-up, fundamentals-driven approach, it serves investors looking for a diversified vehicle that taps into both fixed income and equity markets, making it a notable choice for those seeking consistent income with the potential for capital growth over time in the convertible securities sector.
Performance
SBFCX had a total return of 8.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.68%.
Top 10 Holdings
43.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Uber Technologies Inc 0.875% | UBER.0.875 12.01.28 2028 | 5.33% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 5.28% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 4.63% |
| Welltower OP LLC 2.75% | WELL.2.75 05.15.28 | 4.61% |
| Meritage Homes Corp 1.75% | MTH.1.75 05.15.28 | 4.14% |
| Barclays Bank plc 1% | BACR.1 02.16.29 MSFT | 4.06% |
| Envista Holdings Corporation 1.75% | NVST.1.75 08.15.28 | 4.05% |
| NextEra Energy Inc 7.299% CORP UNIT 01/06/2027 | NEE.7.299 06.01.27 | 3.82% |
| Southern Co Unit (2025 Series A Corporate Units 15/12/2028) | SO.7.125 12.15.28 A | 3.74% |
| PPL Capital Funding Inc. 2.875% | PPL.2.875 03.15.28 | 3.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 16, 2026 | $0.0198 | Mar 17, 2026 |
| Dec 18, 2025 | $0.23946 | Dec 19, 2025 |
| Dec 12, 2025 | $0.19063 | Dec 15, 2025 |
| Sep 15, 2025 | $0.08368 | Sep 16, 2025 |
| Jun 16, 2025 | $0.10275 | Jun 17, 2025 |
| Mar 17, 2025 | $0.17179 | Mar 18, 2025 |