Victory Virginia Bond Fund (UVAIX)
| Fund Assets | 456.90M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000,000 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.21% |
| Dividend Growth | 6.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.49 |
| YTD Return | 1.25% |
| 1-Year Return | 4.54% |
| 5-Year Return | 3.19% |
| 52-Week Low | 9.51 |
| 52-Week High | 10.50 |
| Beta (5Y) | n/a |
| Holdings | 169 |
| Inception Date | Jun 29, 2020 |
About UVAIX
Victory Virginia Bond Fund Institutional Shares is a tax-exempt municipal bond mutual fund focused on providing a high level of current interest income free from both federal and Virginia state income taxes. This fund primarily invests in long-term, investment-grade municipal securities issued by the Commonwealth of Virginia, its political subdivisions, and related governmental entities. Its portfolio is managed using a relative value-driven, bottom-up approach grounded in proprietary fundamental research, with an emphasis on maintaining high credit quality and minimizing capital gain distributions. The fund targets at least 80% of its net assets in tax-exempt securities under normal market conditions and typically manages duration in line with its benchmark. Designed for institutions and investors seeking tax-advantaged fixed income exposure and capital preservation, its holdings span a diverse range of Virginia-based municipal issuers. With experienced portfolio managers and a disciplined selection process, it plays a significant role for investors seeking steady, tax-efficient income in the municipal bond sector, particularly for those with Virginia tax liabilities.
Performance
UVAIX had a total return of 4.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.87%.
Top 10 Holdings
23.04% of assets| Name | Symbol | Weight |
|---|---|---|
| VIRGINIA SMALL BUSINESS FING AUTH REV 4% | VA.VASDEV 4 01.01.2051 | 3.12% |
| VIRGINIA SMALL BUSINESS FING AUTH HEALTHCARE FACS REV 4% | VA.VASMED 4 12.01.2049 | 3.09% |
| LYNCHBURG VA ECONOMIC DEV AUTH HOSP REV 4% | VA.LNCMED 4 01.01.2055 | 2.71% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | VA.VACHGR 5 02.01.2031 | 2.31% |
| CHARLES CITY CNTY VA ECONOMIC DEV AUTH SOLID WASTE DISP REV 2.875% | VA.CHCPOL 2.88 02.01.2029 | 2.18% |
| VIRGINIA COMWLTH TRANSN BRD TRANSN REV 4% | VA.VASTRN 4 05.15.2042 | 2.16% |
| VIRGINIA COMMLTH TRANSN BRD FED TRANSN GRNT ANTIC REV 5% | VA.VASTRN 5 09.15.2032 | 2.10% |
| BRISTOL VA INDL DEV AUTH LEASE REV 5% | VA.BRIDEV 5 11.01.2053 | 1.83% |
| UNIVERSITY VA UNIV REVS 5% | VA.UNIHGR 5 09.01.2049 | 1.81% |
| JAMES CITY CNTY VA ECONOMIC DEV AUTH RESIDENTIAL CARE FAC REV 4% | VA.JAMDEV 4 12.01.2050 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02957 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02877 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02766 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02851 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02798 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02883 | Sep 2, 2025 |