The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Victory Investment Grd Convert I VICIX
- NAV / 1-Day Return 18.01 / +0.22 %
- Total Assets 278.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.920%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Convertibles
- Investment Style —
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 2.14%
- Turnover 36%
USD | NAV as of Oct 07, 2024 | 1-Day Return as of Oct 07, 2024, 10:56 PM GMT+0
Morningstar’s Analysis VICIX
Will VICIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 48.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Booking Holdings Inc 0.75% | 6.84 | 18.1 Mil | Corporate |
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 5.90 | 15.6 Mil | Financial Services |
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 5.82 | 15.4 Mil | Financial Services |
Southwest Airlines Co. 1.25% | 5.77 | 15.3 Mil | Corporate |
NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) | 5.20 | 13.7 Mil | Utilities |
Ford Motor Company 0% | 4.57 | 12.1 Mil | Corporate |
Expedia Group Inc 0% | 4.24 | 11.2 Mil | Corporate |
Barclays Bank plc 1% | 4.20 | 11.1 Mil | Corporate |
Envista Holdings Corporation 1.75% | 3.51 | 9.3 Mil | Corporate |
Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | 3.47 | 9.2 Mil | Financial Services |