UASBX

About UASBX

Victory Short-Term Bond Fund Class A is an open-end mutual fund focused on investment-grade fixed income with a mandate of high current income while preserving principal. The strategy normally invests at least 80% of assets in a diversified mix of investment‑grade debt, including U.S. government and agency obligations, corporate bonds, and mortgage- and asset‑backed securities, with a dollar‑weighted average maturity of three years or less. The fund may allocate up to 10% to below‑investment‑grade bonds, providing flexibility to capture incremental spread opportunities while maintaining an overall quality bias. Portfolio construction is driven by relative‑value, bottom‑up security selection informed by proprietary fundamental research, and duration is targeted within 10% of the benchmark to manage interest‑rate risk. Managed by an experienced team with long-standing tenures, the fund seeks to offer greater income potential than money market funds with lower rate sensitivity than intermediate‑term strategies, positioning it as a core short-duration holding for balancing stability, liquidity needs, and income in diversified portfolios.