Victory Ultra Short-Term Bond Fund (USBAX)

Fund Assets	n/a
Expense Ratio	0.86%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.49
Dividend Yield	4.89%
Dividend Growth	0.01%
Payout Frequency	Monthly
Ex-Dividend Date	Jun 30, 2025

Previous Close	10.08
YTD Return	0.97%
1-Year Return	3.67%
5-Year Return	14.97%
52-Week Low	10.04
52-Week High	10.10
Beta (5Y)	n/a
Holdings	396
Inception Date	Jun 29, 2020

About USBAX

The Victory Ultra Short-Term Bond Fund (USBAX) seeks to provide high current income consistent with preservation of principal. USBAXs principal investment strategy is to normally invest at least 80% of the Funds assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months or less.

• Category: Ultrashort Bond
• Stock Exchange: NASDAQ
• Ticker Symbol: USBAX
• Share Class: Victory Ultra Short-term Bond Fund Class A
• Index: Index is not available on Lipper Database

Performance

USBAX had a total return of 3.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.91%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FHQFX	Fidelity	Fidelity Series Treasury Bill Index	n/a
FJTDX	Fidelity	Fidelity Flex Conservative Income Bond Fund	n/a

Other Share Classes

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

Symbol	Share Class	Expense Ratio
URUSX	Victory Ultra Short-term Bond Fund Class R6	0.41%
UUSIX	Victory Ultra Short-term Bond Fund Institutional Shares	0.57%
UUSTX	Victory Ultra Short-term Bond Fund Shares	0.62%

Top 10 Holdings

7.59% of assets

Name	Symbol	Weight
JBS USA HLDG LUX S A R L /JBS 0%	n/a	0.99%
Wisconsin Power and Light Company 0%	n/a	0.88%
AGREE L P DISC COML PAPER 4/A2 0%	n/a	0.88%
Energy Transfer LP 0%	n/a	0.81%
Ovintiv Inc 0%	n/a	0.79%
Quanta Services, Inc. 0%	n/a	0.70%
Crown Castle Inc. 0%	n/a	0.70%
Evergy Missouri West Inc. 0%	n/a	0.67%
AVIATION CAP GROUP LLC 0%	n/a	0.63%
PRESTIGE AUTO RECEIVABLES 2023 6.64%	PART.2023-2A B	0.53%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2025	$0.03884	Jul 1, 2025
May 30, 2025	$0.04016	Jun 2, 2025
Apr 30, 2025	$0.03917	May 1, 2025
Mar 31, 2025	$0.03976	Apr 1, 2025
Feb 28, 2025	$0.03719	Mar 3, 2025
Jan 31, 2025	$0.04074	Feb 3, 2025