Victory Investment Grd Convert Mb (SBFMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.02
+0.07 (0.37%)
Jul 3, 2025, 4:00 PM EDT
6.14%
Fund Assets 252.46M
Expense Ratio 1.10%
Min. Investment $3,000
Turnover 36.00%
Dividend (ttm) 0.43
Dividend Yield 2.26%
Dividend Growth 98.11%
Payout Frequency Semi-Annual
Ex-Dividend Date Jun 16, 2025
Previous Close 18.95
YTD Return 1.77%
1-Year Return 7.57%
5-Year Return n/a
52-Week Low 17.58
52-Week High 19.43
Beta (5Y) n/a
Holdings 55
Inception Date Nov 3, 2020

About SBFMX

Victory Investment Grade Convertible Fund is a mutual fund focused on providing a combination of high current income and long-term capital appreciation. The fund primarily invests at least 80% of its assets in investment-grade convertible securities, which are bonds or preferred stocks that can be converted into common stock. This structure allows investors to potentially benefit from both fixed income and equity market movements. The fund may also allocate up to 20% of its holdings to below-investment-grade securities, but overall portfolio credit quality is maintained at the investment-grade level. The management team employs a bottom-up fundamental analysis to select securities, emphasizing issuers with strong credit quality and prospects for appreciation. Victory Investment Grade Convertible Fund seeks to balance three key types of convertible securities—equity sensitive, total return, and defensive—providing diversified exposure across market conditions. Its role in the financial market is to serve investors seeking a blend of income generation and potential capital growth through a diversified portfolio of convertible securities, with a disciplined approach to credit risk management.

Fund Family Victory Capital
Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol SBFMX
Share Class Member Class
Index Index is not available on Lipper Database

Performance

SBFMX had a total return of 7.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.80%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
VICIX Class I 0.94%
SBFCX Class A 1.25%

Top 10 Holdings

42.33% of assets
Name Symbol Weight
BANK OF AMERICA CORPORATION - BANK OF AMERICA CORP BAC.7.25 PERP L 5.57%
WELLS FARGO & COMPANY - WELLS FARGO CO WFC.7.5 PERP L 5.15%
FORD MOTOR COMPANY F.0 03.15.26 4.73%
APOLLO GLOBAL MANAGEMENT, INC. - APOLLO GLOBAL MANAGEMENT PFD APO.6.75 07.31.26 4.42%
EXPEDIA GROUP, INC. - EXPEDIA GROUP INC EXPE.0 02.15.26 4.22%
BOOKING HOLDINGS INC. - BOOKING HOLDINGS INC n/a 4.15%
UBER TECHNOLOGIES, INC. - UBER TECHNOLOGIES INC UBER.0.875 12.01.28 2028 3.85%
ENVISTA HOLDINGS CORPORATION - ENVISTA HOLDINGS CORP NVST.1.75 08.15.28 3.76%
BARCLAYS BANK PLC BACR.1 02.16.29 MSFT 3.31%
KITE REALTY GROUP, L.P. - KITE REALTY GROUP LP KRG.0.75 04.01.27 3.18%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 16, 2025 $0.10996 Jun 17, 2025
Mar 17, 2025 $0.17721 Mar 18, 2025
Sep 23, 2024 $0.14186 Sep 24, 2024
Jun 24, 2024 $0.08051 Jun 25, 2024
Mar 25, 2024 $0.13605 Mar 26, 2024
Sep 18, 2023 $0.22279 Sep 19, 2023
Full Dividend History