Victory Growth and Tax Strategy Fund Shares (USBLX)
Victory Growth and Tax Strategy Fund Shares operates in the Asset Management industry of the Financial Services sector, headquartered in San Antonio, TX, US. The stock last traded at $31.96, up 0.16% on the session, giving a market capitalisation of $942.6M. Its beta of 0.91 implies it has historically moved less than the broad market.
This fund aims to provide investors with a prudent balance, generating income that is primarily exempt from federal taxes while also pursuing long-term capital appreciation to safeguard against inflation. Its investment approach follows predefined target allocations, committing a significant portion of its assets (between 50% and 70%) to tax-advantaged fixed income securities and cash equivalents. The remaining capital, comprising 30% to 50% of the portfolio, is invested in the stocks of well-established, financially sound companies. A core objective of the fund's management is to reduce the federal income tax liabilities for its shareholders.
Victory Growth and Tax Strategy Fund Shares is most often compared with the following Financial Services names: