Victory Investment Grade Convertible Fund, formerly Victory INCORE Investment Grade Convertible Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SBFCX | Fund
$17.16
$277 M
0.00%
$0.00
1.20%
Vitals
YTD Return
3.1%
1 yr return
13.1%
3 Yr Avg Return
0.9%
5 Yr Avg Return
6.4%
Net Assets
$277 M
Holdings in Top 10
50.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load 2.25%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SBFCX | Fund
$17.16
$277 M
0.00%
$0.00
1.20%
SBFCX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 6.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.12%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVictory Investment Grade Convertible Fund, formerly Victory INCORE Investment Grade Convertible Fund
-
Fund Family NameVictory Portfolios
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Kaesberg
Fund Description
SBFCX - Performance
Return Ranking - Trailing
Period | SBFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -3.1% | 4.5% | 62.20% |
1 Yr | 13.1% | -9.4% | 14.9% | 19.51% |
3 Yr | 0.9%* | -16.9% | 1.5% | 17.28% |
5 Yr | 6.4%* | -6.2% | 12.2% | 83.12% |
10 Yr | 6.8%* | -0.9% | 10.0% | 67.21% |
* Annualized
Return Ranking - Calendar
Period | SBFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -7.7% | 13.1% | 73.81% |
2022 | -13.5% | -37.8% | -9.7% | 8.43% |
2021 | 0.8% | -18.9% | 2.4% | 7.23% |
2020 | 5.9% | 5.8% | 54.0% | 98.73% |
2019 | 14.1% | 9.9% | 24.4% | 72.15% |
Total Return Ranking - Trailing
Period | SBFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -3.1% | 4.5% | 62.20% |
1 Yr | 13.1% | -9.4% | 14.9% | 19.51% |
3 Yr | 0.9%* | -16.9% | 1.5% | 17.28% |
5 Yr | 6.4%* | -6.2% | 12.2% | 83.12% |
10 Yr | 6.8%* | -0.9% | 10.0% | 67.21% |
* Annualized
Total Return Ranking - Calendar
Period | SBFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -7.7% | 15.3% | 59.52% |
2022 | -11.6% | -37.8% | -9.7% | 10.84% |
2021 | 10.8% | -12.2% | 11.3% | 3.61% |
2020 | 11.4% | 5.8% | 64.4% | 97.47% |
2019 | 19.8% | 12.2% | 28.7% | 79.75% |
NAV & Total Return History
SBFCX - Holdings
Concentration Analysis
SBFCX | Category Low | Category High | SBFCX % Rank | |
---|---|---|---|---|
Net Assets | 277 M | 20.2 M | 4.43 B | 73.26% |
Number of Holdings | 45 | 40 | 381 | 93.02% |
Net Assets in Top 10 | 139 M | 4.58 M | 632 M | 66.28% |
Weighting of Top 10 | 50.53% | 9.5% | 50.5% | 1.16% |
Top 10 Holdings
- BOOKING HOLDINGS INC 6.17%
- WELLS FARGO CO 5.82%
- BANK OF AMERICA CORP 5.72%
- PIONEER NATURAL RESOURCE 5.65%
- SOUTHWEST AIRLINES CO 5.62%
- EQT CORP 5.20%
- NEXTERA ENERGY INC 4.65%
- EXPEDIA GROUP INC 4.21%
- BARCLAYS BANK PLC 3.84%
- FORD MOTOR COMPANY 3.66%
Asset Allocation
Weighting | Return Low | Return High | SBFCX % Rank | |
---|---|---|---|---|
Bonds | 76.47% | 0.00% | 141.12% | 76.74% |
Convertible Bonds | 61.89% | 33.22% | 110.54% | 90.70% |
Preferred Stocks | 19.70% | 0.00% | 22.50% | 2.33% |
Cash | 4.74% | -78.94% | 18.48% | 24.42% |
Stocks | 0.86% | 0.00% | 23.09% | 62.79% |
Other | 0.00% | -17.11% | 0.97% | 47.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SBFCX % Rank | |
---|---|---|---|---|
Utilities | 78.69% | 0.00% | 100.00% | 40.26% |
Industrials | 21.31% | 0.00% | 23.08% | 2.60% |
Technology | 0.00% | 0.00% | 23.73% | 66.23% |
Real Estate | 0.00% | 0.00% | 27.87% | 58.44% |
Healthcare | 0.00% | 0.00% | 20.31% | 80.52% |
Financial Services | 0.00% | 0.00% | 20.48% | 64.94% |
Energy | 0.00% | 0.00% | 40.56% | 63.64% |
Communication Services | 0.00% | 0.00% | 100.00% | 53.25% |
Consumer Defense | 0.00% | 0.00% | 25.78% | 62.34% |
Consumer Cyclical | 0.00% | 0.00% | 24.79% | 63.64% |
Basic Materials | 0.00% | 0.00% | 24.08% | 59.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SBFCX % Rank | |
---|---|---|---|---|
US | 0.86% | 0.00% | 22.42% | 62.79% |
Non US | 0.00% | 0.00% | 1.55% | 51.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SBFCX % Rank | |
---|---|---|---|---|
Corporate | 100.00% | 91.11% | 100.00% | 9.30% |
Cash & Equivalents | 4.74% | 0.00% | 18.32% | 25.58% |
Derivative | 0.00% | -0.03% | 0.94% | 32.56% |
Securitized | 0.00% | 0.00% | 0.00% | 45.35% |
Municipal | 0.00% | 0.00% | 0.00% | 45.35% |
Government | 0.00% | 0.00% | 2.94% | 48.84% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SBFCX % Rank | |
---|---|---|---|---|
US | 76.47% | 0.00% | 141.12% | 73.26% |
Non US | 0.00% | 0.00% | 18.83% | 55.81% |
SBFCX - Expenses
Operational Fees
SBFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.20% | 3.16% | 44.19% |
Management Fee | 0.74% | 0.20% | 1.23% | 64.71% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 43.14% |
Administrative Fee | N/A | 0.04% | 0.15% | 73.33% |
Sales Fees
SBFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.25% | 2.25% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SBFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 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.
SBFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 30.00% | 154.00% | 1.25% |
SBFCX - Distributions
Dividend Yield Analysis
SBFCX | Category Low | Category High | SBFCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 13.84% | 31.40% |
Dividend Distribution Analysis
SBFCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
SBFCX | Category Low | Category High | SBFCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.12% | -3.72% | 10.32% | 15.29% |
Capital Gain Distribution Analysis
SBFCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.129 | OrdinaryDividend |
Sep 19, 2023 | $0.219 | OrdinaryDividend |
Jun 22, 2023 | $0.074 | OrdinaryDividend |
Mar 22, 2023 | $0.183 | OrdinaryDividend |
Dec 15, 2022 | $0.143 | OrdinaryDividend |
Sep 20, 2022 | $0.105 | OrdinaryDividend |
Jun 23, 2022 | $0.049 | OrdinaryDividend |
Mar 23, 2022 | $0.053 | OrdinaryDividend |
Dec 23, 2021 | $1.355 | OrdinaryDividend |
Sep 21, 2021 | $0.048 | OrdinaryDividend |
Jun 23, 2021 | $0.046 | OrdinaryDividend |
Mar 23, 2021 | $0.047 | OrdinaryDividend |
Dec 23, 2020 | $0.688 | OrdinaryDividend |
Sep 24, 2020 | $0.068 | OrdinaryDividend |
Jun 25, 2020 | $0.075 | OrdinaryDividend |
Mar 26, 2020 | $0.064 | OrdinaryDividend |
Dec 24, 2019 | $0.146 | OrdinaryDividend |
Dec 18, 2019 | $0.589 | OrdinaryDividend |
Sep 26, 2019 | $0.045 | OrdinaryDividend |
Jun 26, 2019 | $0.048 | OrdinaryDividend |
Mar 27, 2019 | $0.029 | OrdinaryDividend |
Dec 27, 2018 | $0.159 | OrdinaryDividend |
Jun 27, 2018 | $0.056 | OrdinaryDividend |
Mar 27, 2018 | $0.036 | OrdinaryDividend |
Dec 27, 2017 | $0.310 | OrdinaryDividend |
Sep 27, 2017 | $0.036 | OrdinaryDividend |
Jun 28, 2017 | $0.044 | OrdinaryDividend |
Mar 29, 2017 | $0.026 | OrdinaryDividend |
Dec 29, 2016 | $0.145 | OrdinaryDividend |
Sep 29, 2016 | $0.025 | OrdinaryDividend |
Jun 29, 2016 | $0.011 | OrdinaryDividend |
Mar 30, 2016 | $0.012 | OrdinaryDividend |
Dec 30, 2015 | $0.270 | OrdinaryDividend |
Sep 29, 2015 | $0.037 | OrdinaryDividend |
Jun 29, 2015 | $0.025 | OrdinaryDividend |
Mar 30, 2015 | $0.011 | OrdinaryDividend |
Dec 30, 2014 | $0.197 | OrdinaryDividend |
Sep 29, 2014 | $0.020 | OrdinaryDividend |
Jun 27, 2014 | $0.017 | OrdinaryDividend |
Mar 27, 2014 | $0.013 | OrdinaryDividend |
Dec 27, 2013 | $0.297 | OrdinaryDividend |
Sep 27, 2013 | $0.032 | OrdinaryDividend |
Jun 27, 2013 | $0.029 | OrdinaryDividend |
Mar 27, 2013 | $0.026 | OrdinaryDividend |
Dec 28, 2012 | $0.037 | OrdinaryDividend |
Mar 29, 2012 | $0.010 | OrdinaryDividend |
Dec 28, 2011 | $0.254 | OrdinaryDividend |
Sep 28, 2011 | $0.051 | OrdinaryDividend |
Jun 28, 2011 | $0.058 | OrdinaryDividend |
Mar 29, 2011 | $0.047 | OrdinaryDividend |
Dec 30, 2010 | $0.131 | OrdinaryDividend |
Sep 29, 2010 | $0.058 | OrdinaryDividend |
Jul 30, 2010 | $0.013 | ExtraDividend |
Jun 30, 2010 | $0.057 | OrdinaryDividend |
Mar 31, 2010 | $0.067 | OrdinaryDividend |
Dec 24, 2009 | $0.254 | OrdinaryDividend |
Sep 30, 2009 | $0.081 | OrdinaryDividend |
Jun 24, 2009 | $0.086 | OrdinaryDividend |
Mar 25, 2009 | $0.072 | OrdinaryDividend |
Sep 25, 2008 | $0.235 | OrdinaryDividend |
Jun 26, 2008 | $0.070 | OrdinaryDividend |
Mar 27, 2008 | $0.054 | OrdinaryDividend |
Dec 27, 2007 | $0.364 | OrdinaryDividend |
Sep 27, 2007 | $0.007 | OrdinaryDividend |
Jun 28, 2007 | $0.032 | OrdinaryDividend |
Mar 29, 2007 | $0.050 | OrdinaryDividend |
Sep 27, 2006 | $0.051 | OrdinaryDividend |
Aug 23, 2006 | $0.038 | OrdinaryDividend |
Jun 28, 2006 | $0.020 | OrdinaryDividend |
Mar 29, 2006 | $0.033 | OrdinaryDividend |
Dec 29, 2005 | $0.068 | OrdinaryDividend |
Sep 28, 2005 | $0.040 | OrdinaryDividend |
Jun 22, 2005 | $0.045 | OrdinaryDividend |
Mar 22, 2005 | $0.055 | OrdinaryDividend |
Dec 29, 2004 | $0.044 | OrdinaryDividend |
Sep 29, 2004 | $0.050 | OrdinaryDividend |
Jun 23, 2004 | $0.060 | OrdinaryDividend |
Mar 24, 2004 | $0.070 | OrdinaryDividend |
Dec 23, 2003 | $0.075 | OrdinaryDividend |
Sep 26, 2003 | $0.080 | OrdinaryDividend |
Jun 20, 2003 | $0.080 | OrdinaryDividend |
Mar 21, 2003 | $0.090 | OrdinaryDividend |
Dec 27, 2002 | $0.080 | OrdinaryDividend |
Sep 20, 2002 | $0.090 | OrdinaryDividend |
Jun 21, 2002 | $0.085 | OrdinaryDividend |
Mar 22, 2002 | $0.090 | OrdinaryDividend |
Dec 21, 2001 | $0.065 | OrdinaryDividend |
Sep 21, 2001 | $0.055 | OrdinaryDividend |
Jun 22, 2001 | $0.055 | OrdinaryDividend |
Mar 23, 2001 | $0.110 | OrdinaryDividend |
Dec 21, 2000 | $0.130 | OrdinaryDividend |
Sep 21, 2000 | $0.150 | OrdinaryDividend |
Jun 22, 2000 | $0.140 | OrdinaryDividend |
Mar 24, 2000 | $0.125 | OrdinaryDividend |
Dec 23, 1999 | $0.168 | OrdinaryDividend |
Sep 24, 1999 | $0.169 | OrdinaryDividend |
Jun 28, 1999 | $0.179 | OrdinaryDividend |
Mar 22, 1999 | $0.122 | OrdinaryDividend |
SBFCX - Fund Manager Analysis
Managers
James Kaesberg
Start Date
Tenure
Tenure Rank
Apr 30, 1996
26.1
26.1%
Mr. Kaesberg is a Senior Portfolio Manager of Victory Capital Management Inc. and has been associated withVictory Capital Management Inc. or its affiliates since 1985. Mr. Kaesberg is a CFA charterholder.
Mark Vucenovic
Start Date
Tenure
Tenure Rank
Mar 01, 2014
8.25
8.3%
Mr. Vucenovic is a Portfolio Manager/Analyst of Victory Capital Management Inc. and has been associated with Victory Capital Management Inc. or an affiliate since 2009, and previously, from 1995-2002.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 36.97 | 10.12 | 7.42 |