Victory Core Plus Intermediate Bond Fund is an actively managed mutual fund that focuses on generating high current income while maintaining a balanced approach to risk management. As an intermediate core-plus bond fund, it primarily invests at least 80% of its assets in a diverse array of investment-grade debt securities, which typically have a dollar-weighted average maturity between three to ten years. The fund’s holdings encompass U.S. government and agency securities, municipal bonds, asset- and mortgage-backed instruments, corporate bonds, and various other securities with debt-like characteristics. Up to 65% of its portfolio may be held in corporate bonds, and up to 10% in below-investment-grade, or high-yield, securities, allowing for added income potential while still emphasizing credit quality. This fund serves a key role for investors seeking a blend of income generation and capital preservation, often acting as a stabilizing presence within diversified portfolios. Its strategy leverages a rigorous, research-driven investment process and active risk management to capture relative value opportunities in the fixed income market. With monthly income distributions and a focus on maintaining a duration close to its benchmark, it is especially relevant for those seeking consistent cash flow amid moderate interest rate sensitivity.
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