GGIFX

About GGIFX

Victory Fund for Income Class R is an actively managed mutual fund focused on generating a high level of current income while preserving capital. The strategy primarily targets securities issued or guaranteed by the U.S. government and its agencies, with a distinct emphasis on mortgage-backed obligations and collateralized mortgage obligations from the Government National Mortgage Association, which carry the full faith and credit of the U.S. government. Under normal conditions, the portfolio maintains an average effective maturity in the short-to-intermediate range, aligning with a short government category profile and aiming to limit interest-rate sensitivity. The fund distributes income monthly and pays capital gains annually, reflecting its income-centric mandate. With hundreds of holdings and a long operating history since 1987, it serves as a conservative core bond allocation for investors seeking government-backed mortgage exposure and consistent cash flows, while seeking to outperform the Bloomberg U.S. 1–5 Year Government Bond Index over a full cycle through security selection and prepayment-risk management.