Victory Short-Term Bond Fund Institutional Shares (UISBX)

Overview

The company is primarily focused on investing a significant portion of its assets, specifically at least 80%, into a diversified collection of investment-grade debt securities. These securities are selected with a strategic focus on maintaining a dollar-weighted average portfolio maturity of three years or less. This investment approach is designed to cater to investors looking for moderate risk opportunities in the fixed-income market, offering a balance between risk and return by investing in short-term, high-quality debt instruments.

Products and Services

• Obligations of U.S., State, and Local Governments, Their Agencies and Instrumentalities

  These are securities issued by various levels of government or their agencies in the United States. Investing in these instruments often provides a stable and relatively low-risk option for investors, backed by the issuing authority's ability to raise funds through taxation or other means.

• Mortgage- and Asset-Backed Securities

  This category includes securities that are backed by mortgage payments or other financial assets. Such investments can offer regular income and are based on the performance of the underlying assets, adding diversity to the investment portfolio while managing risk through the backing of tangible assets.

• Corporate Debt Securities

  These are bonds or other forms of debt issued by corporations to finance their operations, expansion, or other projects. Investing in corporate debt can provide higher yields than government securities, albeit with a higher risk, depending on the issuing company's creditworthiness.

• Repurchase Agreements

  Repurchase agreements, or repos, are short-term borrowing agreements where one party sells securities to another with the promise to repurchase them at a higher price at a later date. This type of investment is used to raise short-term capital, offering investors a way to earn returns on cash equivalents with minimal risk.

• Other Securities with Debt-like Characteristics

  This broad category encompasses various other financial instruments that exhibit characteristics similar to debt. These could include preferred stocks, convertible securities, and other hybrid securities that combine elements of debt and equity. Investing in these instruments allows the fund to tap into diverse sources of income and gain exposure to different market dynamics.