Victory Virginia Bond Fund (UVAIX)
| Fund Assets | 491.97M |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000,000 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.21% |
| Dividend Growth | 5.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.58 |
| YTD Return | 2.88% |
| 1-Year Return | 7.95% |
| 5-Year Return | 3.27% |
| 52-Week Low | 9.85 |
| 52-Week High | 10.60 |
| Beta (5Y) | n/a |
| Holdings | 173 |
| 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 7.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.35%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0282 | Jul 1, 2026 |
| May 29, 2026 | $0.029 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02822 | May 1, 2026 |
| Mar 31, 2026 | $0.02801 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02617 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02957 | Feb 2, 2026 |