Victory High Income Municipal Bond Fund Class A (RSHMX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield muni
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high current income exempt from federal income taxes with a secondary objective of capital appreciation. The fund invests primarily in municipal obligations- the interest on which is- in the opinion of the issuer's bond counsel- exempt from federal individual income tax (but not necessarily the federal alternative minimum tax (the "AMT")). It normally invests at least 80% of the value of its net assets will be invested in tax-exempt municipal obligations (which may include obligations that pay interest subject to the AMT).


1 month+0.52% 3 years+2.86%
3 months-0.74% 5 years+3.16%
1 year+5.06% Since inception+5.11%
Data through --

Peer Comparisonvs. High yield muni

Performance 5-yr return+3.16%+3.87%
Expense ratio0.96%0.95%
Risk 5 year sharpe ratio0.610.64
Net assets$67.6M$1.7B
Average market cap--$25.6B
Average P/E--13.9
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyVictory
Fund manager & tenureDouglas Gaylor / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income100.00%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 4.35%
-- 3.89%
-- 3.76%
-- 3.75%
-- 3.01%
-- 2.83%
-- 2.80%
-- 2.75%
-- 2.73%
-- 2.65%