About USNYX
Victory New York Bond Fund is a mutual fund focused on providing investors with income and diversification through investments in high-quality, long-term municipal bonds. Its primary objective is to generate tax-exempt income by predominantly investing in bonds issued by the State of New York, its local governments, and other public authorities. The portfolio is characterized by holdings of investment-grade securities, emphasizing credit quality and interest rate sensitivity.
The fund plays a significant role for investors seeking exposure to New York’s municipal market, offering a vehicle for both retail and institutional investors to access state-backed infrastructure and public project financing. With its assets concentrated in sectors such as transportation, education, and housing—reflected in top holdings including various New York State Dormitory Authority and municipal transportation revenue bonds—the fund supports local development while serving the specialized needs of New York-based investors or those subject to New York state taxes. Its medium-to-extensive interest rate sensitivity and focus on credit quality provide a balanced risk profile within the municipal bond universe, contributing to long-term, tax-advantaged income strategies.
Fund Family Victory Capital Management Inc.
Category Muni New York Long
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol USNYX
Share Class Victory New York Bond Fund Shares
Index Bloomberg Municipal Bond TR
USNYX had a total return of -2.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.63%.
