IPFIX

About IPFIX

Victory Fund for Income Class A is an actively managed mutual fund focused on generating a high level of current income while preserving capital. The fund invests primarily in U.S. dollar–denominated fixed income, emphasizing government and agency securities, mortgage- and asset-backed securities, and investment‑grade corporate bonds, with modest flexibility to hold below‑investment‑grade issues and foreign debt within set limits. Its portfolio often centers on short government exposures and mortgage-backed securities to balance income with limited interest-rate sensitivity, targeting a Treasury-like duration profile and monthly distributions. Managed within the Victory Funds family since 1999, the strategy is positioned as a diversified core fixed‑income holding designed to provide steady cash flow across different rate environments. The fund’s characteristics typically include a relatively short effective duration and a focus on high credit quality, complemented by selective spread exposure to enhance yield. By combining Treasury, agency, and securitized allocations, Victory Fund for Income Class A seeks to deliver consistent income while maintaining prudent risk controls and broad diversification across U.S. fixed‑income sectors.