Victory Investment Grade Convertible Fund Class I (VICIX)
| Fund Assets | 172.31M |
| Expense Ratio | 0.94% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 2.41% |
| Dividend Growth | -8.62% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 17, 2025 |
| Previous Close | 17.36 |
| YTD Return | -3.22% |
| 1-Year Return | 4.24% |
| 5-Year Return | 39.28% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Aug 31, 2007 |
About VICIX
The Fund's investment strategy focuses on Convertible Secs with 0.96% total expense ratio. The minimum amount to invest in Victory Portfolios: Victory INCORE Investment Grade Convertible Fund; Class I Shares is $2,000,000 on a standard taxable account. Victory Portfolios: Victory INCORE Investment Grade Convertible Fund; Class I Shares seeks a high level of current income together and long-term capital appreciation. VICIX invests in securities convertible into common stocks, such as convertible bonds, convertible notes, and convertible preferred stocks. It may may invest in equity securities of foreign companies traded on U.S. exchange.
Performance
VICIX had a total return of 4.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.
Top 10 Holdings
42.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC 7.25 PERP L | 5.59% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC 7.5 PERP L | 5.17% |
| Ford Motor Company 0% | F 0 03.15.26 | 4.75% |
| Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | APO 6.75 07.31.26 | 4.43% |
| Expedia Group Inc 0% | EXPE 0 02.15.26 | 4.23% |
| Booking Holdings Inc 0.75% | BKNG 0.75 05.01.25 | 4.16% |
| Uber Technologies Inc 0.875% | UBER 0.875 12.01.28 2028 | 3.87% |
| Envista Holdings Corporation 1.75% | NVST 1.75 08.15.28 | 3.77% |
| Barclays Bank plc 1% | BACR 1 02.16.29 MSFT | 3.32% |
| Kite Realty Group, L.P. 0.75% | KRG 0.75 04.01.27 | 3.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 17, 2025 | $0.18263 | Mar 18, 2025 |
| Dec 18, 2024 | $0.00546 | Dec 19, 2024 |
| Sep 23, 2024 | $0.14969 | Sep 24, 2024 |
| Jun 24, 2024 | $0.08812 | Jun 25, 2024 |
| Mar 25, 2024 | $0.14383 | Mar 26, 2024 |
| Dec 21, 2023 | $0.00661 | Dec 22, 2023 |