UBNDVictoryShares Core Plus Bond ETF

Get income4y track recordRanked #344 of 1,624 in this goal

Seeks high current income without undue risk to principal.

By Victory Capital Management Inc. · Launched 2021

Annual Cost

0.40%

#2,058 of 5,568 · average

Fund Size

$1.9B

#767 of 5,568 · large

Dividend YieldGoal

4.76%

Track Record

4 years

#2,510 of 5,568 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,494+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US Aggregate Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.9% of fund✓ well diversified

United States of America

2.7%

United States of America

1.9%

United States of America

1.6%

United States of America

1.4%

United States of America

1.3%

Federal National Mortgage Association

1.1%

Freddie Mac

1.1%

Freddie Mac

1.0%

United States of America

0.9%

Freddie Mac

0.9%

Asset allocation

Bonds

99.6%

Cash

0.3%

Preferred

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.5%Low

Year-on-year price swings

Max drawdown

-16.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.30Below average

Sortino (3Y)

0.42Moderate downside risk

Bond profile

Duration

5.0 years

Avg maturity

9.8 years

Credit ratings

US Government

22.2%

AAA

53.9%

7.0%

10.8%

BBB

16.3%

4.5%

3.9%

Below B

2.3%

Other

1.4%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks high current income without undue risk to principal.
Strategy: Invests primarily in debt securities and derivatives with similar economic characteristics, maintaining an effective duration within two years of the Bloomberg U.S. Aggregate Index. Up to 65% in corporate bonds, primarily investment-grade, with up to 20% in below-investment-grade securities. May invest in U.S. dollar-denominated obligations of foreign entities. Uses proprietary credit rating methodology for security selection and engages in relative value trading to enhance returns, potentially increasing portfolio turnover.
Inception date: October 4, 2021
Fund family: Victory Capital Management Inc.