Victory Investment Grd Convert Mb (SBFMX)
| Fund Assets | 237.87M |
| Expense Ratio | 1.10% |
| Min. Investment | $3,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 4.25% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 19.18 |
| YTD Return | 1.69% |
| 1-Year Return | 6.39% |
| 5-Year Return | 19.57% |
| 52-Week Low | 17.11 |
| 52-Week High | 19.33 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| 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 6.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.20%.
Top 10 Holdings
42.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 5.11% |
| Apollo Asset Management, Inc. 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | APO.6.75 07.31.26 | 5.01% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 4.97% |
| Uber Technologies Inc 0.875% | UBER.0.875 12.01.28 2028 | 4.87% |
| Barclays Bank plc 1% | BACR.1 02.16.29 MSFT | 4.09% |
| Welltower OP LLC 2.75% | WELL.2.75 05.15.28 | 3.99% |
| KKR & Co Inc 6.25% PRF CONVERT 01/03/2028 USD 50 - Ser D | KKR.6.25 03.01.28 D | 3.91% |
| NextEra Energy Inc 7.299% CORP UNIT 01/06/2027 | NEE.7.299 06.01.27 | 3.68% |
| Envista Holdings Corporation 1.75% | NVST.1.75 08.15.28 | 3.60% |
| Ares Management Corp 6.75% PRF PERPETUAL USD 50 - Ser B | ARES.6.75 10.01.27 B | 3.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.24793 | Dec 19, 2025 |
| Dec 12, 2025 | $0.19063 | Dec 15, 2025 |
| Sep 15, 2025 | $0.09329 | Sep 16, 2025 |
| Jun 16, 2025 | $0.10996 | Jun 17, 2025 |
| Mar 17, 2025 | $0.17721 | Mar 18, 2025 |
| Sep 23, 2024 | $0.14186 | Sep 24, 2024 |