Victory Pioneer Securitized Income Y (SYFFX)
Victory Pioneer Securitized Income Y operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.42, up 0.11% on the session, giving a market capitalisation of $311.3M. Its beta of 0.28 implies it has historically moved less than the broad market.
The fund invests primarily in mortgage-backed securities, asset-backed securities and other securitized asset instruments. Normally, the fund invests at least 80% of its net assets (plus borrowings or other leverage for investment purposes) in securitized asset instruments. The fund may also invest in structured investments including credit linked notes (CLNs), adjustable rate mortgage loans (ARMs), and custodial receipts. The fund may invest a substantial amount of its assets in “sub-prime” mortgage-related securities. The fund is non-diversified.
Victory Pioneer Securitized Income Y is most often compared with the following Financial Services names: