Victory Fund for Income (VFFIX)
| Fund Assets | 341.55M |
| Expense Ratio | 0.64% |
| Min. Investment | $2,000,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.95% |
| Dividend Growth | -13.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 6.88 |
| YTD Return | 2.12% |
| 1-Year Return | 1.90% |
| 5-Year Return | 3.63% |
| 52-Week Low | 6.78 |
| 52-Week High | 6.95 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Mar 1, 2011 |
About VFFIX
Victory INCORE Fund for Income Class I is a U.S. mutual fund in the short government bond category that targets a high level of current income while prioritizing preservation of capital. According to the adviser, it primarily invests in securities issued or guaranteed by the U.S. government and its agencies, with a core focus on mortgage‑backed obligations and collateralized mortgage obligations from the Government National Mortgage Association, complemented by short‑maturity Treasuries and agency instruments. The strategy emphasizes securities backed by the full faith and credit of the United States, seeking above‑average yield with below‑average prepayment sensitivity and a dollar‑weighted average maturity typically under five years. In practice, the portfolio aims to capture the mortgage spread premium while managing negative convexity, maintaining Treasury‑like duration characteristics within the short government universe. The fund is positioned as an institutional share class and has been managed to benchmark against the Bloomberg U.S. 1–5 Year Government Bond Index over a full cycle with an emphasis on risk control.
Performance
VFFIX had a total return of 1.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.29%.
Top 10 Holdings
38.93% of assets| Name | Symbol | Weight |
|---|---|---|
| United States of America - U S TREASURY BOND | T.6.375 08.15.27 | 20.68% |
| United States of America - UNITED STATES TREASURY BILL | B.0 07.10.25 | 6.08% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE CORPORATION | G2.785858 | 2.53% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.786993 | 1.77% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.785807 | 1.39% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE CORPORATION | G2.3285 | 1.37% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | n/a | 1.33% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | GN.782861 | 1.30% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | n/a | 1.27% |
| Government National Mortgage Association 2 - GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | G2.782866 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 15, 2025 | $0.02973 | Sep 16, 2025 |
| Aug 13, 2025 | $0.02521 | Aug 14, 2025 |
| Jul 16, 2025 | $0.02822 | Jul 17, 2025 |
| Jun 16, 2025 | $0.03099 | Jun 17, 2025 |
| May 14, 2025 | $0.02716 | May 15, 2025 |
| Apr 16, 2025 | $0.02865 | Apr 17, 2025 |