Victory Investment Grd Convert Mb (SBFMX)
| 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.
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%.
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% |
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 |