Victory Strategic Income Fund - Class Y (RSRYX)
Victory Strategic Income Fund - Class Y operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $9.37, up 0.11% on the session, giving a market capitalisation of $46.8M. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund's primary goal is to generate a substantial current income for investors, with a secondary aim of achieving long-term capital growth. To meet these objectives, it strategically invests in a broad and diverse spectrum of debt instruments. Its holdings can encompass various types of fixed-income obligations, including, but not limited to, high-quality corporate bonds from both domestic and international companies, as well as higher-yielding, lower-rated corporate debt (often referred to as "junk bonds") from U.S. and foreign issuers. The fund also allocates capital to government-backed securities, such as those from the U.S. government, foreign governments, and international organizations, along with short-term cash instruments and mortgage-backed securities.
Victory Strategic Income Fund - Class Y is most often compared with the following Financial Services names: