Victory High Income Fund (USHYX)
| Fund Assets | 979.50M |
| Expense Ratio | 0.81% |
| Min. Investment | $3,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 6.67% |
| Dividend Growth | -8.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 11, 2026 |
| Previous Close | 6.94 |
| YTD Return | 0.90% |
| 1-Year Return | 8.01% |
| 5-Year Return | 22.27% |
| 52-Week Low | 6.28 |
| 52-Week High | 6.95 |
| Beta (5Y) | 0.36 |
| Holdings | 502 |
| Inception Date | Aug 2, 1999 |
About USHYX
Victory High Income Fund is an open-end mutual fund focused on the **high-yield bond** segment of the fixed income market. Its stated objective is to provide an attractive total return, emphasizing **high current income** first and **capital appreciation** second. The portfolio primarily holds below-investment-grade corporate bonds and other higher-yielding credit instruments, resulting in credit risk that is higher than traditional investment-grade bond funds but generally with **lower interest-rate sensitivity**, as reflected in its relatively short effective duration. The fund typically invests across a broad range of issuers, sectors, and structures within the U.S. high-yield universe, seeking diversification benefits that combine characteristics of both stocks and bonds. With total assets in the hundreds of millions to around a billion dollars, the fund represents a meaningful vehicle in the high-yield category, offering investors access to professionally managed exposure to the speculative-grade corporate credit market. Historically, it has operated under the Victory Capital Management umbrella and previously carried the USAA High Yield Opportunities Fund name.
Performance
USHYX had a total return of 8.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.24%.
Top 10 Holdings
12.77% of assets| Name | Symbol | Weight |
|---|---|---|
| Future on 5 Year Treasury Note | n/a | 2.47% |
| FRONTIER ISSUER LLC 11.5% | FYBR.2023-1 C | 1.90% |
| DISH Network Corporation 11.75% | DISH.11.75 11.15.27 144A | 1.28% |
| Petco Animal | n/a | 1.21% |
| State Street SPDR Portfolio High Yield Bond ETF | SPHY | 1.20% |
| iShares BB Rated Corporate Bond ETF | HYBB | 1.17% |
| Frontier Communications Holdings Llc 6.75% | FYBR.6.75 05.01.29 144A | 1.14% |
| Air Lease Corporation 0% | n/a | 0.82% |
| Royal Caribbean Group 6% | RCL.6 02.01.33 144A | 0.80% |
| 10 Year Treasury Note Future Mar 26 | n/a | 0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 11, 2026 | $0.03688 | Feb 12, 2026 |
| Jan 14, 2026 | $0.03526 | Jan 15, 2026 |
| Dec 18, 2025 | $0.04001 | Dec 19, 2025 |
| Nov 17, 2025 | $0.06319 | Nov 18, 2025 |
| Oct 15, 2025 | $0.00725 | Oct 16, 2025 |
| Sep 15, 2025 | $0.04114 | Sep 16, 2025 |