UIITX

About UIITX

Victory Core Plus Intermediate Bond Fund Institutional Shares is a mutual fund designed to seek high current income while prioritizing the preservation of principal. The fund primarily invests at least 80% of its assets in a diverse portfolio of debt securities, targeting a dollar-weighted average portfolio maturity between three to ten years. It focuses on investment-grade fixed income assets, including corporate bonds, U.S. government obligations, mortgage- and asset-backed securities, and agency instruments, though it may allocate up to 10% of its holdings to high-yield or below-investment-grade bonds. This strategy aims to provide a balance of income potential and relative stability, positioning the fund as a key component for investors seeking moderate interest rate risk and diversification within their fixed income allocation. The fund pays monthly dividends and is managed by an experienced team specializing in fixed income research and portfolio management. Its diversified approach helps manage risk, making it a significant option within the intermediate core-plus bond fund category.