URSBX

About URSBX

Victory Short-Term Bond Fund R6 is an actively managed mutual fund designed to deliver high current income while emphasizing preservation of principal. The strategy primarily invests in a diversified mix of investment‑grade debt, maintaining a dollar‑weighted average maturity of three years or less to limit interest rate sensitivity and dampen volatility. The portfolio spans U.S. government and agency obligations, corporate bonds, mortgage‑ and asset‑backed securities, and repurchase agreements, with the ability to allocate a modest sleeve—up to 10%—to below‑investment‑grade issues for incremental yield. Managed by Victory Capital’s fixed income team, the fund targets duration close to its benchmark and applies bottom‑up, relative‑value security selection supported by fundamental research. Within the short‑term bond category, it serves as a core short‑duration holding, offering diversified credit exposure and monthly income distributions that can complement cash and intermediate bond allocations in multi‑asset portfolios. Its R6 share class features an institutional pricing structure aimed at retirement plans and fiduciary platforms, aligning cost efficiency with disciplined risk management.