Victory Short-Term Bond Fund (USSBX)

Fund Assets	2.96B
Expense Ratio	0.55%
Min. Investment	$3,000
Turnover	43.00%
Dividend (ttm)	0.41
Dividend Yield	4.62%
Dividend Growth	1.57%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.99
YTD Return	0.83%
1-Year Return	2.26%
5-Year Return	16.31%
52-Week Low	8.98
52-Week High	9.20
Beta (5Y)	0.07
Holdings	1108
Inception Date	Jun 1, 1993

About USSBX

Victory Short-Term Bond Fund is an actively managed mutual fund focused on investment-grade fixed income with a mandate to seek high current income while preserving principal. The portfolio concentrates on bonds with a dollar‑weighted average maturity of three years or less, emphasizing U.S. government, agency, corporate, mortgage‑backed, and asset‑backed securities to maintain limited interest rate sensitivity and moderate credit risk. The strategy normally invests at least 80% of assets in investment‑grade debt, with the flexibility to allocate up to 10% to below‑investment‑grade issues to enhance income. Recent characteristics reflect a short effective duration around two years and a diversified book of nearly a thousand holdings, with U.S. Treasury notes among the largest positions. The fund distributes income monthly and is designed to provide greater income potential than money market vehicles while helping stabilize multi‑asset portfolios through bond exposure. Managed by Victory Income Investors, it targets the short‑term bond category’s role as a core, lower‑volatility building block for investors seeking consistent income and measured interest rate exposure.

• Fund Family: Victory Capital Management Inc.
• Category: Short-Term Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: USSBX
• Share Class: Shares
• Index: Bloomberg 1-3 Y Credit TR

Performance

USSBX had a total return of 2.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FYBTX	Fidelity	Fidelity Series Short-Term Credit Fund	0.45%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
URSBX	Class R6	0.33%
UISBX	Institutional Shares	0.46%
UASBX	Class A	0.74%

Top 10 Holdings

11.42% of assets

Name	Symbol	Weight
United States Treasury Notes 4%	T.4 01.31.31	2.01%
United States Treasury Notes 4.125%	T.4.125 08.31.30	1.98%
United States Treasury Notes 1.625%	T.1.625 08.15.29	1.67%
United States Treasury Notes 4%	T.4 06.30.28	1.44%
United States Treasury Notes 4.125%	T.4.125 11.15.27	0.98%
United States Treasury Notes 0.5%	T.0.5 08.31.27	0.97%
United States Treasury Notes 3.75%	T.3.75 12.31.28	0.75%
United States Treasury Notes 3.875%	T.3.875 04.30.31	0.62%
American Express Company 3.55%	AXP.V3.55 PERP	0.51%
Devon Energy Corporation 5.25%	DVN.5.25 10.15.27	0.48%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.03442	Sep 1, 2026
Jul 31, 2026	$0.03525	Aug 3, 2026
Jun 30, 2026	$0.03421	Jul 1, 2026
May 29, 2026	$0.03458	Jun 1, 2026
Apr 30, 2026	$0.03358	May 1, 2026
Mar 31, 2026	$0.03548	Apr 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 26, 2026

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