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VictoryShares Core Plus Intermediate Bond ETF (UBND)

20.92 -0.09 (-0.41%)
As of 10:23 AM EDT. Market Open.

ETF Summary

Under normal circumstances, the fund invests at least 80% of its net assets in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. The fund primarily invests in securities that have a dollar-weighted average portfolio maturity between three to 10 years. The fund will invest primarily in investment-grade securities, but may invest up to 20% of its net assets in below-investment-grade securities which are sometimes referred to as high-yield or “junk” bonds.

ETF Overview

Category Intermediate Core-Plus Bond
Fund Family Victory Capital
Net Assets 315.33M
YTD Daily Total Return -1.99%
Yield 4.54%
Legal Type Exchange Traded Fund

ETF Operations

Attributes UBND Category Average
Annual Report Expense Ratio (net) 0.40% 0.76%
Holdings Turnover 60.00% 202.81%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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