Victory Tax Exempt Long-Term Ins (ULTIX)

Fund Assets	1.56B
Expense Ratio	0.42%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.45
Dividend Yield	3.77%
Dividend Growth	-1.53%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.86
YTD Return	0.89%
1-Year Return	7.14%
5-Year Return	0.59%
52-Week Low	11.50
52-Week High	12.22
Beta (5Y)	n/a
Holdings	557
Inception Date	Jun 29, 2020

About ULTIX

Victory Tax Exempt Long-Term Fund Institutional Shares is an open-end mutual fund specializing in tax-exempt fixed income investments. Its primary purpose is to provide shareholders with interest income that is exempt from federal income tax. The fund focuses on investment-grade municipal securities, with at least 80% of assets allocated to tax-exempt bonds that usually have a weighted average maturity of ten years or longer. This extended duration positions the fund within the long-term municipal bond category, helping institutional investors like pension funds, endowments, and non-profits manage their long-term liabilities while seeking federal tax-advantaged income. Managed with a diversified portfolio comprising hundreds of underlying securities, the fund provides broad exposure to U.S. municipalities and related issuers. It plays a significant role in the financial markets by facilitating capital access for public projects nationwide, while offering institutions a potential means of enhancing after-tax returns. The fund is subject to interest rate and credit risk typical of municipal bonds, and regularly distributes income on a monthly basis to its investors.

• Fund Family: Victory Capital Management Inc.
• Category: Muni National Long
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ULTIX
• Share Class: Victory Tax Exempt Long-term Fund Institutional Shares
• Index: Bloomberg Municipal Bond TR

Performance

ULTIX had a total return of 7.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.33%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
USTEX	Victory Tax Exempt Long-term Fund Shares	0.46%
UTELX	Victory Tax Exempt Long-term Fund Class A	0.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03807	Aug 3, 2026
Jun 30, 2026	$0.03646	Jul 1, 2026
May 29, 2026	$0.03767	Jun 1, 2026
Apr 30, 2026	$0.03777	May 1, 2026
Mar 31, 2026	$0.03767	Apr 1, 2026
Feb 27, 2026	$0.0345	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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