Victory California Bond Fund (USCBX)

Fund Assets	353.03M
Expense Ratio	0.50%
Min. Investment	$3,000
Turnover	11.00%
Dividend (ttm)	0.36
Dividend Yield	3.87%
Dividend Growth	5.67%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.42
YTD Return	-5.60%
1-Year Return	-4.39%
5-Year Return	-3.55%
52-Week Low	9.39
52-Week High	10.40
Beta (5Y)	0.31
Holdings	157
Inception Date	Aug 1, 1989

About USCBX

Victory California Bond Fund is an open-end mutual fund focused on delivering a high level of interest income that is exempt from both federal and California state income taxes. The fund primarily invests in long-term, investment-grade municipal securities issued by the state of California, its political subdivisions, and related entities, ensuring that the interest received is typically tax-free for California residents. Designed to appeal to those seeking tax-advantaged income, especially residents of California, the fund emphasizes capital preservation through diversification across various government-backed issuers. With a portfolio duration and maturity profile tailored for the longer term, it aligns with the bond market segment known as "Muni California Long," targeting bonds with durations of more than six years or maturities beyond twelve years. The fund is managed with an approach that seeks consistent income and risk moderation, making it a relevant choice for investors looking for exposure to the municipal bond market while potentially reducing tax liability.

• Fund Family: Victory Capital Management Inc.
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: USCBX
• Share Class: Victory California Bond Fund Shares
• Index: Bloomberg Municipal Bond TR

Performance

USCBX had a total return of -4.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FCMAX	Fidelity	Fidelity Advisor California Muni Inc A	0.76%
FCTFX	Fidelity	Fidelity California Municipal Income Fund	0.43%
FIJBX	Fidelity	Fidelity Advisor California Muni Inc Z	0.40%
FCMQX	Fidelity	Fidelity Advisor California Muni Inc I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.67%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
UCBIX	Victory California Bond Fund Institutional Shares	0.48%
UXABX	Victory California Bond Fund Class A	0.76%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03092	Oct 1, 2026
Aug 31, 2026	$0.03106	Sep 1, 2026
Jul 31, 2026	$0.03103	Aug 3, 2026
Jun 30, 2026	$0.03025	Jul 1, 2026
May 29, 2026	$0.03106	Jun 1, 2026
Apr 30, 2026	$0.03066	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 10, 2026

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