UIGSX

About UIGSX

Victory Government Securities Fund Institutional Shares is a mutual fund specializing in intermediate-term government and agency fixed income securities. Its primary goal is to deliver a high level of current income while prioritizing the preservation of principal. The fund typically invests at least 80% of its assets in U.S. government obligations, such as Treasury bills, notes, and bonds, as well as government agency mortgage-backed securities from entities like Ginnie Mae, Fannie Mae, and Freddie Mac. It may also allocate a portion to collateralized mortgage obligations and other agency-backed instruments. The portfolio maintains a target average maturity of 5 to 10 years and an effective duration near 4.6 years, ensuring interest rate sensitivity remains moderate. As an institutional share class, it features a competitive expense ratio and is tailored to investors seeking stable income with minimal credit risk. Managed using a relative value-driven approach, the fund plays a significant role in the fixed income landscape by offering a diversified, high-quality avenue for income, especially attractive to entities requiring reliable cash flows and capital preservation in fluctuating markets.