STIIX

About STIIX

Victory Pioneer Short Term Income Fund Class C2 is an actively managed mutual fund focused on U.S. investment‑grade fixed income with a short duration profile. Its primary objective is to deliver a high level of current income while maintaining a relatively high stability of principal by investing at least 80% of assets in investment‑grade debt and typically keeping its dollar‑weighted average maturity at three years or less. Positioned within the short‑term bond category, the fund’s limited interest‑rate sensitivity aims to reduce volatility versus longer‑duration strategies, a feature often sought by conservative fixed‑income allocators. The portfolio invests across corporates and other high‑quality U.S. fixed‑income sectors, distributing income monthly. The fund structure includes multiple share classes under the Victory Funds umbrella following the combination of Pioneer-branded funds into Victory Pioneer series, aligning share classes and disclosures. As a category participant, it is commonly compared to 1–3 year government or government/credit benchmarks to contextualize return and risk over time. This role makes it a tool for cash management tiers, laddered bond allocations, or core fixed‑income sleeves needing shorter interest‑rate exposure.