Victory Ultra Short-Term Bond Fund (USBAX)

Fund Assets	284.74M
Expense Ratio	0.86%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.45
Dividend Yield	4.49%
Dividend Growth	-10.95%
Payout Frequency	Monthly
Ex-Dividend Date	Jan 30, 2026

Previous Close	10.11
YTD Return	0.44%
1-Year Return	5.02%
5-Year Return	17.82%
52-Week Low	9.64
52-Week High	10.11
Beta (5Y)	n/a
Holdings	414
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 5.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.63%.

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

10.19% of assets

Name	Symbol	Weight
Ovintiv Inc 0%	n/a	1.71%
Quanta Services, Inc. 0%	n/a	1.37%
NGPL Pipe Co LLC 0%	n/a	1.33%
Jabil Inc 0%	n/a	1.03%
Evergy Missouri West Inc. 0%	n/a	1.03%
Genuine PTS Co. 0%	n/a	0.85%
Air Lease Corporation 0%	n/a	0.82%
Bacardi Martini B V 0%	n/a	0.68%
Aviation Capital Group LLC 0%	n/a	0.68%
Crown Castle Inc. 0%	n/a	0.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Jan 30, 2026	$0.03467	Feb 2, 2026
Dec 31, 2025	$0.03545	Jan 2, 2026
Nov 28, 2025	$0.03474	Dec 1, 2025
Oct 31, 2025	$0.03812	Nov 3, 2025
Sep 30, 2025	$0.0366	Oct 1, 2025
Aug 29, 2025	$0.03984	Sep 2, 2025