About UNYIX
Victory New York Bond Fund Institutional Class is a municipal bond mutual fund that focuses on providing investors with income that is exempt from federal, New York State, and New York City personal income taxes. The fund primarily invests in long-term, investment-grade securities issued by the state of New York, its subdivisions, municipalities, and associated public authorities. Notably, at least 80% of its net assets are allocated to New York tax-exempt securities under normal market conditions, with an expected dollar-weighted average maturity typically above 10 years. It supports a diversified portfolio, encompassing sectors such as education, healthcare, transportation, and retirement care. The fund is designed for investors seeking geographically targeted tax-advantaged income and protection of principal, and it plays a significant role for those needing exposure to New York’s municipal bond market within their broader fixed income allocation.
Fund Family Victory Capital Management Inc.
Category Muni New York Long
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol UNYIX
Share Class Victory New York Bond Fund Institutional Shares
Index Bloomberg Municipal Bond TR
UNYIX had a total return of 6.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.99%.
