Morningstar

Victory Short-Term Bond Class A UASBX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 9.12  /  −0.29 %
  • Total Assets 2.6 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.15%
  • Effective Duration 1.92 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:45 AM GMT+0

Morningstar’s Analysis UASBX

Will UASBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable UASBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the UASBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of UASBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

CIO Succession at Victory Capital; Ratings Unchanged

null Ken Noguchi

Ken Noguchi

Analyst Note

James Jackson, who Victory Capital appointed co-CIO alongside John Spear in January 2023, will become the sole CIO at year-end after Spear retires, the firm announced on Oct. 1, 2024. This orderly transition does not alter the pillar ratings or overall Morningstar Medalist Ratings for the four Victory funds under our full, qualitative analyst coverage: Victory Core Plus Intermediate Bond UIITX, Victory Short-Term Bond UISBX, VictoryShares Short-Term Bond ETF USTB, and VictoryShares Core Intermediate Bond ETF UITB.

by Ken Noguchi
Published on

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Portfolio Holdings UASBX

More UASBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

1.88 47.4 Mil
Government

United States Treasury Notes 4%

1.83 46.3 Mil
Government

United States Treasury Notes 0.5%

1.68 42.4 Mil
Government

United States Treasury Notes 1.625%

1.60 40.3 Mil
Government

United States Treasury Notes 4%

1.59 40.2 Mil
Government

Jabil Inc 0%

0.60 15.0 Mil
Cash and Equivalents

Brookfield Corporate Treasury Ltd. 0%

0.57 14.4 Mil
Cash and Equivalents

United States Treasury Notes 4.625%

0.55 14.0 Mil
Government

Commercial Mortgage Trust 3.732%

0.55 13.9 Mil
Securitized

Ovintiv Inc 0%

0.55 13.9 Mil
Cash and Equivalents

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