GGIFX: Victory INCORE Fund for Income - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

GGIFX - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 2.5%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $990 M
  • Holdings in Top 10 50.7%

52 WEEK LOW AND HIGH

$8.33
$8.32
$8.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 55.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare GGIFX to Popular Short-Term U.S. Treasury Note Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$86.37

-0.01%

$19.64 B

0.94%

$0.81

0.00%

-

$20.55

0.00%

$13.62 B

1.12%

$0.23

0.00%

-

$61.61

-0.01%

$13.62 B

1.14%

$0.70

0.02%

-

$8.13

0.00%

$9.52 B

2.01%

$0.16

0.12%

-

$10.76

0.00%

$8.59 B

0.76%

$0.08

-0.09%

-

GGIFX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Victory INCORE Fund for Income
  • Fund Family Name
    Victory
  • Inception Date
    Sep 16, 1987
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Heidi Adelman

GGIFX - Performance

Return Ranking - Trailing

Period GGIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -0.7% 0.2% 67.37%
1 Yr 2.8% 0.3% 5.9% 71.58%
3 Yr 2.5%* 0.9% 4.2% 55.79%
5 Yr 1.8%* 0.2% 3.2% 54.74%
10 Yr 1.7%* 0.0% 2.6% 17.24%

* Annualized

Return Ranking - Calendar

Period GGIFX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.8% -1.8% 4.9% 94.51%
2019 -1.3% -1.4% 3.3% 94.38%
2018 -4.4% -80.0% 0.1% 93.18%
2017 -4.6% -4.6% 0.4% 94.05%
2016 -4.0% -4.1% 900.0% 94.05%

Total Return Ranking - Trailing

Period GGIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -0.7% 0.2% 67.37%
1 Yr 2.8% -3.1% 5.9% 62.77%
3 Yr 2.5%* 0.1% 4.2% 51.06%
5 Yr 1.8%* 0.1% 3.2% 50.00%
10 Yr 1.7%* 0.0% 2.6% 16.28%

* Annualized

Total Return Ranking - Calendar

Period GGIFX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.8% -1.8% 4.9% 94.51%
2019 -0.6% -1.4% 3.3% 80.90%
2018 0.5% -80.0% 2.2% 5.68%
2017 0.4% -4.6% 1.2% 4.76%
2016 1.0% -4.1% 900.0% 3.57%

NAV & Total Return History


GGIFX - Holdings

Concentration Analysis

GGIFX Category Low Category High GGIFX % Rank
Net Assets 990 M 1.41 M 19.6 B 33.68%
Number of Holdings 812 1 1623 8.42%
Net Assets in Top 10 526 M 1.31 M 9.05 B 20.00%
Weighting of Top 10 50.73% 17.4% 100.0% 25.29%

Top 10 Holdings

  1. United States Treasury Bonds 7.5% 18.55%
  2. United States Treasury Bonds 7.62% 10.72%
  3. United States Treasury Bonds 7.12% 8.03%
  4. United States Treasury Bills 0% 7.20%
  5. United States Treasury Bills 0% 4.61%
  6. Government National Mortgage Association 6.5% 2.12%
  7. Government National Mortgage Association 7% 1.46%
  8. Government National Mortgage Association 6.5% 1.45%
  9. Government National Mortgage Association 7% 1.38%
  10. Government National Mortgage Association 7% 1.30%

Asset Allocation

Weighting Return Low Return High GGIFX % Rank
Bonds
99.69% 39.95% 100.27% 18.95%
Cash
0.31% -0.60% 60.05% 80.00%
Stocks
0.00% 0.00% 0.00% 15.79%
Preferred Stocks
0.00% 0.00% 0.00% 15.79%
Other
0.00% 0.00% 0.33% 17.89%
Convertible Bonds
0.00% 0.00% 0.00% 15.79%

Bond Sector Breakdown

Weighting Return Low Return High GGIFX % Rank
Securitized
57.77% 0.00% 94.03% 51.58%
Government
41.92% 0.00% 100.00% 42.11%
Cash & Equivalents
0.31% 0.00% 60.05% 82.11%
Derivative
0.00% 0.00% 0.09% 17.89%
Corporate
0.00% 0.00% 48.60% 29.47%
Municipal
0.00% 0.00% 6.06% 26.32%

Bond Geographic Breakdown

Weighting Return Low Return High GGIFX % Rank
US
99.69% 39.95% 100.27% 18.95%
Non US
0.00% -3.85% 17.39% 21.05%

GGIFX - Expenses

Operational Fees

GGIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.03% 2.31% 31.18%
Management Fee 0.48% 0.03% 0.80% 76.60%
12b-1 Fee 0.25% 0.00% 1.00% 35.00%
Administrative Fee N/A 0.05% 0.45% 56.60%

Sales Fees

GGIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 4.75% N/A
Deferred Load N/A 0.50% 1.00% N/A

Trading Fees

GGIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 0.25% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GGIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 0.00% 499.00% 36.17%

GGIFX - Distributions

Dividend Yield Analysis

GGIFX Category Low Category High GGIFX % Rank
Dividend Yield 0.00% 0.00% 1.68% 26.32%

Dividend Distribution Analysis

GGIFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

GGIFX Category Low Category High GGIFX % Rank
Net Income Ratio 0.76% -0.01% 2.40% 91.30%

Capital Gain Distribution Analysis

GGIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

GGIFX - Fund Manager Analysis

Managers

Heidi Adelman


Start Date

Tenure

Tenure Rank

Mar 01, 2006

14.85

14.9%

Heidi Adelman is the CIO and lead portfolio manager of INCORE’s Short Government strategy. She is responsible for all asset-, commercial-, and mortgage-backed securities in taxable fixed income portfolios. She is also the lead portfolio manager on government and securitized-only portfolios. The Victory Short Government team was renamed INCORE Capital Management on April 1, 2015. INCORE Capital Management is a Victory Capital investment franchise. Ms. Adelman joined Victory Capital in 1996 with two years prior investment experience. Before joining the firm, she held positions within KeyCorp in the audit, asset management compliance, and money market asset management areas. Ms. Adelman holds a Bachelor of Science from The Ohio State University.

Harriet Uhlir


Start Date

Tenure

Tenure Rank

Mar 01, 2013

7.84

7.8%

Harriet Uhlir is a portfolio manager with INCORE Capital Management. Ms. Uhlir helps devise and implement portfolio strategy by discussing and debating allocation decisions and making recommendations on security selection. The Victory Short Government team was renamed INCORE Capital Management on April 1, 2015. INCORE Capital Management is a Victory Capital investment franchise. Prior to joining Victory Capital in February 2012, Ms. Uhlir was a senior portfolio manager in Securities Lending at Victory/Key from 2001 to 2012 specializing in mortgages. In addition to her investment experience, she spent three years as a consultant at SunGard Data Systems in Wayne, PA and three years at KeyCorp in Asset Accounting Services and Security Movement & Control. Ms. Uhlir earned a Bachelor of Arts in mathematics from the University of Cincinnati and a Master of Business Administration in finance from Case Western Reserve University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.02 10.4 5.92