Victory Fund for Income (VFFRX)
| Fund Assets | 341.55M |
| Expense Ratio | 0.63% |
| Min. Investment | $2,500 |
| Turnover | 3.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.98% |
| Dividend Growth | -13.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 6.87 |
| YTD Return | 2.13% |
| 1-Year Return | 1.91% |
| 5-Year Return | 3.26% |
| 52-Week Low | 6.78 |
| 52-Week High | 6.94 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Mar 4, 2015 |
About VFFRX
Victory INCORE Fund for Income Class R6 is an actively managed mutual fund focused on short‑duration U.S. government securities and agency mortgage‑backed securities. Its primary objective is to deliver a high level of current income while preserving capital by concentrating on instruments backed by the full faith and credit of the U.S. government, including Government National Mortgage Association pools and collateralized mortgage obligations with modest interest‑rate sensitivity. The portfolio typically targets a Treasury‑like duration profile in the 1–5 year range, emphasizing low credit risk and controlled prepayment risk relative to traditional mortgage exposure. Within the short government category, the fund’s holdings are predominantly AAA‑rated, with a core allocation to U.S. Treasury bills and bonds complemented by GNMA mortgage securities to capture mortgage spread premium. The strategy’s role in the market is to provide stable income and liquidity characteristics similar to short government bonds, while seeking incremental yield through disciplined mortgage selection and risk management over a full market cycle.
Performance
VFFRX had a total return of 1.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.36%.
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 | $0.02979 | Sep 16, 2025 |
| Aug 13, 2025 | $0.02526 | Aug 14, 2025 |
| Jul 16, 2025 | $0.02828 | Jul 17, 2025 |
| Jun 16, 2025 | $0.03105 | Jun 17, 2025 |
| May 14, 2025 | $0.02721 | May 15, 2025 |
| Apr 16, 2025 | $0.02871 | Apr 17, 2025 |