Victory California Bond Fund (UXABX)
| Fund Assets | 401.34M |
| Expense Ratio | 0.78% |
| Min. Investment | $2,500 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.06% |
| Dividend Growth | 3.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.02 |
| YTD Return | -2.04% |
| 1-Year Return | -2.78% |
| 5-Year Return | -1.62% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.53 |
| Beta (5Y) | n/a |
| Holdings | 171 |
| Inception Date | Aug 2, 2010 |
About UXABX
Victory California Bond Fund Class A is a municipal bond mutual fund designed to provide a high level of current interest income that is exempt from both federal and California state income taxes. The fund primarily invests in long-term, investment-grade securities issued by the state of California and its various subdivisions, instrumentalities, and related authorities. Its focus on high-quality, tax-exempt bonds seeks to help investors preserve capital while generating a steady stream of income. The portfolio adopts a diversified approach and employs a bottom-up, relative value-driven security selection process, with an emphasis on minimizing capital gain distributions to maximize tax efficiency. The fund typically maintains a duration strategy that closely tracks its benchmark, aiming to manage interest rate risk effectively. Victory California Bond Fund Class A plays a significant role for investors seeking tax-advantaged income, stability, and broad exposure to California’s municipal bond market, reinforcing its importance in providing state-specific, income-focused investment solutions for residents and institutions alike.
Performance
UXABX had a total return of -2.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Muni Inc A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Muni Inc Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Muni Inc I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Muni Inc M | 0.67% |
Top 10 Holdings
23.43% of assets| Name | Symbol | Weight |
|---|---|---|
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.17% | CA.BAYTRN 04.01.2036 | 3.56% |
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA.CASMED 4 11.15.2041 | 3.05% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.25% | CA.SFOAPT 5.25 05.01.2055 | 2.90% |
| FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | CA.FOOTRN 0 01.15.2034 | 2.64% |
| PALOMAR POMERADO HEALTH CALIF 0% | CA.PMRMED 0 08.01.2031 | 2.25% |
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA.CASMED 4 10.01.2047 | 2.09% |
| CENTINELA VALLEY CALIF UN HIGH SCH DIST 4% | CA.CVASCD 4 08.01.2050 | 1.98% |
| CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | CA.CASPOL 5 11.21.2045 | 1.71% |
| TEMECULA VY CALIF UNI SCH DIST 4% | CA.TMVSCD 4 08.01.2045 | 1.62% |
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA.CASMED 4 03.01.2039 | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0278 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02758 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02665 | Jul 1, 2025 |
| May 30, 2025 | $0.02784 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02735 | May 1, 2025 |
| Mar 31, 2025 | $0.02758 | Apr 1, 2025 |