Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.90% 46.21M -- 145.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
8.670M 6.73% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks investment objective is total return,including high currentincome. The fund employs flexible investment approach selecting investments from a broad range of issuers and segments of the US and non-US fixed income markets. It invests at least 80% of its net assets in fixed income investments.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Funds
Fund Owner Firm Name Victory Funds
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 20
-783.63M Peer Group Low
1.384B Peer Group High
1 Year
% Rank: 32
8.670M
-2.416B Peer Group Low
3.509B Peer Group High
3 Months
% Rank: 23
-1.540B Peer Group Low
3.509B Peer Group High
3 Years
% Rank: 42
-3.937B Peer Group Low
12.61B Peer Group High
6 Months
% Rank: 29
-1.828B Peer Group Low
3.509B Peer Group High
5 Years
% Rank: 45
-12.51B Peer Group Low
14.99B Peer Group High
YTD
% Rank: 31
-2.348B Peer Group Low
4.761B Peer Group High
10 Years
% Rank: 39
-8.499B Peer Group Low
21.33B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-3.49%
15.74%
-16.85%
5.31%
-11.38%
10.29%
8.71%
6.94%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
6.94%
--
8.97%
13.71%
4.60%
-6.54%
5.59%
8.06%
7.30%
-6.76%
15.34%
-1.98%
3.78%
-12.71%
7.10%
5.33%
6.09%
-3.68%
11.33%
5.93%
1.53%
-9.56%
8.76%
5.56%
7.51%
-1.10%
8.52%
7.83%
2.78%
-9.16%
9.05%
5.08%
6.61%
As of December 08, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-4-25) 5.66%
30-Day SEC Yield (10-31-25) 5.61%
7-Day SEC Yield --
Number of Holdings 191
Bond
Yield to Maturity (9-30-25) 6.61%
Effective Duration 1.50
Average Coupon 7.32%
Calculated Average Quality 4.088
Effective Maturity 12.27
Nominal Maturity 12.27
Number of Bond Holdings 173
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 8.78%
Stock 0.01%
Bond 95.64%
Convertible 0.00%
Preferred 0.00%
Other -4.43%
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Top 10 Holdings

Name % Weight Price % Change
Dreyfus Government Cash Management Institutional 11.78% 1.00 0.00%
USD Cash
3.76% -- --
The Dai-ichi Life Insurance Company, Limited THEDAIAA 6.2 12/31/2099 FLT USD Corporate 144A '35 1.49% 104.60 -0.01%
General Motors Financial Company, Inc. GMFINC 5.9 01/07/2035 FIX USD Corporate 1.28% 104.25 -0.14%
GRUPO NUTRESA S.A. GRUPONU 9.0 05/12/2035 FIX USD Corporate 144A 1.28% 112.73 -0.07%
Total Play Telecomunicaciones, S.A.P.I. de C.V. TOTALPL 11.125 12/31/2032 FIX USD Corporate 144A 1.21% 95.55 0.08%
River Rock Entertainment Authority FRN 25-Jun-2031
1.10% -- --
FORD MOTOR CREDIT COMPANY LLC F-MotCrLLC 3.625 06/17/2031 FIX USD Corporate 1.10% 91.24 -0.17%
BX COMMERCIAL MORTGAGE TRUST 24SLCT E SEQ FLT 7.54068% 15-JAN-2042
1.09% -- --
CARVANA AUTO RECEIVABLES TRUST 24P4 D SEQ FIX 5.6% 10-DEC-2032
1.05% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.25%
Actual Management Fee --
Administration Fee 9.23K%
Maximum Front Load 4.50%
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors No
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks investment objective is total return,including high currentincome. The fund employs flexible investment approach selecting investments from a broad range of issuers and segments of the US and non-US fixed income markets. It invests at least 80% of its net assets in fixed income investments.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Funds
Fund Owner Firm Name Victory Funds
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-4-25) 5.66%
30-Day SEC Yield (10-31-25) 5.61%
7-Day SEC Yield --
Number of Holdings 191
Bond
Yield to Maturity (9-30-25) 6.61%
Effective Duration 1.50
Average Coupon 7.32%
Calculated Average Quality 4.088
Effective Maturity 12.27
Nominal Maturity 12.27
Number of Bond Holdings 173
As of September 30, 2025

Fund Details

Key Dates
Inception Date 1/3/2017
Last Annual Report Date 8/31/2025
Last Prospectus Date 12/31/2024
Share Classes
RCRCX C
RCRYX Inst
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:RCRAX", "name")
Broad Asset Class: =YCI("M:RCRAX", "broad_asset_class")
Broad Category: =YCI("M:RCRAX", "broad_category_group")
Prospectus Objective: =YCI("M:RCRAX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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