Victory Tax-Exempt Fund A (GUTEX)
8.23
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.81% | 30.63M | -- | 18.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -7.029M | -1.50% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current income exempt from federal income tax, consistent with preservation of capital. The Fund generally invests at least 80% of its assets in intermediate and long-term municipal obligations. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Victory Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
60
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
46
-7.029M
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
60
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
52
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
54
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
58
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
44
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
75
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.45% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.55% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD NY 5.000 11/15/2056 | 4.75% | -- | -- |
| SALES TAX SECURITIZATION CORP ILL IL 5.000 01/01/2043 | 4.65% | 101.64 | 0.00% |
| LOGAN ELM OHIO LOC SCH DIST OH 4.000 11/01/2055 | 4.03% | -- | -- |
| CHICAGO ILL BRD ED DEDICATED CAP IMPT IL 6.000 04/01/2046 | 3.97% | 101.56 | -0.00% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV TX 3.050 04/01/2040 | 3.38% | -- | -- |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.250 05/01/2056 | 3.19% | -- | -- |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV MO 4.250 12/01/2042 | 3.18% | 89.84 | 0.00% |
| CHICAGO ILL WASTEWATER TRANSMISSION REV IL 5.000 01/01/2047 | 3.08% | 100.41 | -0.00% |
| TSASC INC N Y REV NY 5.000 06/01/2041 | 3.05% | 100.27 | 0.00% |
| GUAM PORT AUTH PORT REV GU 5.000 07/01/2048 | 3.03% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.16% |
| Administration Fee | 24.69K% |
| Maximum Front Load | 2.25% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current income exempt from federal income tax, consistent with preservation of capital. The Fund generally invests at least 80% of its assets in intermediate and long-term municipal obligations. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Victory Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.88% |
| 30-Day SEC Yield (10-31-25) | 3.65% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 60 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.98% |
| Effective Duration | 7.22 |
| Average Coupon | 4.63% |
| Calculated Average Quality | 3.026 |
| Effective Maturity | 10.50 |
| Nominal Maturity | 23.39 |
| Number of Bond Holdings | 59 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:GUTEX", "name") |
| Broad Asset Class: =YCI("M:GUTEX", "broad_asset_class") |
| Broad Category: =YCI("M:GUTEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:GUTEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |