About UIGSX
Victory Government Securities Fund Institutional Shares is a mutual fund specializing in intermediate-term government and agency fixed income securities. Its primary goal is to deliver a high level of current income while prioritizing the preservation of principal. The fund typically invests at least 80% of its assets in U.S. government obligations, such as Treasury bills, notes, and bonds, as well as government agency mortgage-backed securities from entities like Ginnie Mae, Fannie Mae, and Freddie Mac. It may also allocate a portion to collateralized mortgage obligations and other agency-backed instruments. The portfolio maintains a target average maturity of 5 to 10 years and an effective duration near 4.6 years, ensuring interest rate sensitivity remains moderate. As an institutional share class, it features a competitive expense ratio and is tailored to investors seeking stable income with minimal credit risk. Managed using a relative value-driven approach, the fund plays a significant role in the fixed income landscape by offering a diversified, high-quality avenue for income, especially attractive to entities requiring reliable cash flows and capital preservation in fluctuating markets.
Fund Family Victory Capital Management Inc.
Category Intermediate Government
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol UIGSX
Share Class Victory Government Securities Fund Institutional Shares
Index Index is not available on Lipper Database
UIGSX had a total return of 4.66% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.81%.
