Victory Fund for Income (VFFMX)
| Fund Assets | 341.55M |
| Expense Ratio | 0.75% |
| Min. Investment | $3,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.84% |
| Dividend Growth | -13.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 6.91 |
| YTD Return | 2.08% |
| 1-Year Return | 1.83% |
| 5-Year Return | n/a |
| 52-Week Low | 6.81 |
| 52-Week High | 6.97 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Nov 3, 2020 |
About VFFMX
Victory Income Fund Member Class is an open-end mutual fund focused on generating a high level of current income while preserving capital. It invests primarily in securities issued or guaranteed by the U.S. government and its agencies, with an emphasis on mortgage-backed obligations and collateralized mortgage obligations from the Government National Mortgage Association. Under normal conditions, the portfolio targets an average effective maturity of roughly two to ten years for mortgage holdings, while other government obligations typically maintain a shorter dollar-weighted average maturity under five years. The fund aligns with a short government style, seeking to deliver above-average yield with below-average prepayment sensitivity relative to its benchmark, the Bloomberg U.S. 1–5 Year Government Bond Index. Managed by Victory Income Investors, the strategy concentrates on borrowers making above-market payments who are less likely to refinance efficiently, aiming to provide reliable income backed by the full faith and credit of the U.S. government. The Member Class features a net expense ratio disclosed by the adviser and distributes income on a monthly basis.
Performance
VFFMX had a total return of 1.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.64%.
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 | $0.02906 | Sep 16, 2025 |
| Aug 13, 2025 | $0.02465 | Aug 14, 2025 |
| Jul 16, 2025 | $0.02759 | Jul 17, 2025 |
| Jun 16, 2025 | $0.03029 | Jun 17, 2025 |
| May 14, 2025 | $0.02652 | May 15, 2025 |
| Apr 16, 2025 | $0.02824 | Apr 17, 2025 |