About USHYX
Victory High Income Fund is a mutual fund that seeks to provide an attractive total return, primarily through high current income and secondarily through capital appreciation. It primarily invests its assets in a broad range of U.S. dollar-denominated high-yield securities, including bonds, convertible securities, leveraged loans, and preferred stocks, with an emphasis on non-investment-grade debt securities. The fund offers diversification benefits due to the hybrid characteristics of high-yield assets, which behave somewhat like both stocks and bonds, and it exhibits lower sensitivity to interest rate changes compared to traditional bonds. Its portfolio typically includes a mix of corporate bonds, bank loans, asset-backed securities, government-related instruments, and commercial mortgage-backed securities. While focused mainly on U.S. securities, it may also allocate to dollar-denominated foreign securities and, to a limited extent, non-dollar-denominated ones, including emerging markets. Managed by Victory Capital Management Inc., the fund serves investors seeking income-oriented fixed income exposure within the high yield bond category.
Fund Family Victory Capital Management Inc.
Category High Yield Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol USHYX
Share Class Shares
Index Bloomberg US High Yield 2% Issuer Cap CR
USHYX had a total return of 2.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.79%.
