Victory California Bond Fund (UCBIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.97
+0.09 (0.91%)
Sep 5, 2025, 4:00 PM EDT
0.91%
Fund Assets401.34M
Expense Ratio0.52%
Min. Investment$1,000,000
Turnover11.00%
Dividend (ttm)0.34
Dividend Yield3.39%
Dividend Growth1.96%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.88
YTD Return-2.87%
1-Year Return-3.52%
5-Year Return-1.27%
52-Week Low9.65
52-Week High10.54
Beta (5Y)n/a
Holdings171
Inception DateJun 29, 2020

About UCBIX

Victory California Bond Fund Institutional Shares is a tax-exempt municipal bond mutual fund designed to deliver a high level of current interest income, with the primary objective of income exemption from both federal and California state income taxes. The fund mainly invests in long-term, investment-grade securities issued by the state of California, its political subdivisions, and related entities. Emphasizing income preservation and principal protection through portfolio diversification, the fund employs a bottom-up, relative value-driven investment approach grounded in proprietary research. This strategy typically results in a well-diversified portfolio, balancing risk and return while aiming to minimize capital gain distributions for investors seeking primarily tax-exempt yields. The fund is managed by experienced professionals and is recognized for its cost efficiency relative to peers, supporting its appeal to institutional investors and those with significant California tax liabilities. Victory California Bond Fund Institutional Shares plays an important role in connecting investors with stable, tax-advantaged income streams and in providing substantial capital to fund essential infrastructure and services across California.

Fund Family Victory Capital Management Inc.
Category Muni California Long
Stock Exchange NASDAQ
Ticker Symbol UCBIX
Share Class Victory California Bond Fund Institutional Shares
Index Bloomberg Municipal Bond TR

Performance

UCBIX had a total return of -3.52% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.01%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
USCBXVictory California Bond Fund Shares0.57%
UXABXVictory California Bond Fund Class A0.78%

Top 10 Holdings

23.43% of assets
NameSymbolWeight
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.17%CA.BAYTRN 04.01.20363.56%
CALIFORNIA HEALTH FACS FING AUTH REV 4%CA.CASMED 4 11.15.20413.05%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.25%CA.SFOAPT 5.25 05.01.20552.90%
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0%CA.FOOTRN 0 01.15.20342.64%
PALOMAR POMERADO HEALTH CALIF 0%CA.PMRMED 0 08.01.20312.25%
CALIFORNIA HEALTH FACS FING AUTH REV 4%CA.CASMED 4 10.01.20472.09%
CENTINELA VALLEY CALIF UN HIGH SCH DIST 4%CA.CVASCD 4 08.01.20501.98%
CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%CA.CASPOL 5 11.21.20451.71%
TEMECULA VY CALIF UNI SCH DIST 4%CA.TMVSCD 4 08.01.20451.62%
CALIFORNIA HEALTH FACS FING AUTH REV 4%CA.CASMED 4 03.01.20391.62%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.03021Sep 2, 2025
Jul 31, 2025$0.03009Aug 1, 2025
Jun 30, 2025$0.02859Jul 1, 2025
May 30, 2025$0.03018Jun 2, 2025
Apr 30, 2025$0.02936May 1, 2025
Mar 31, 2025$0.0297Apr 1, 2025
Full Dividend History