Victory Fund for Income (VFFYX)
| Fund Assets | 341.55M |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.89% |
| Dividend Growth | -13.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 6.88 |
| YTD Return | 2.11% |
| 1-Year Return | 2.00% |
| 5-Year Return | 3.44% |
| 52-Week Low | 6.78 |
| 52-Week High | 6.95 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Jan 28, 2013 |
About VFFYX
Victory Fund for Income Class Y is an open-end mutual fund focused on generating a high level of current income while preserving capital. The strategy invests primarily in securities issued or guaranteed by the U.S. government and its agencies, with a core emphasis on agency mortgage-backed securities to capture the mortgage spread premium while managing negative convexity and prepayment risks. The portfolio aims to deliver stable income with interest-rate sensitivity anchored to the short-to-intermediate segment, seeking to outperform the Bloomberg U.S. 1–5 Year Government Bond Index over a full market cycle with lower risk. The fund’s institutional share class framework targets consistent, repeatable income through careful borrower selection and structuring, emphasizing securities backed by the full faith and credit of the U.S. government. It plays a role in fixed income allocations as a conservative, income-oriented option that can complement core bond holdings by diversifying across Treasuries and agency mortgage exposures.
Performance
VFFYX had a total return of 2.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.47%.
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 | $0.02931 | Sep 16, 2025 |
| Aug 13, 2025 | $0.02485 | Aug 14, 2025 |
| Jul 16, 2025 | $0.02785 | Jul 17, 2025 |
| Jun 16, 2025 | $0.03054 | Jun 17, 2025 |
| May 14, 2025 | $0.02679 | May 15, 2025 |
| Apr 16, 2025 | $0.02824 | Apr 17, 2025 |