VictoryShares Pioneer Asset-Based Inc ETF

Frequently Asked Questions About ABI

What does ABI invest in?

Under normal circumstances, the fund invests at least 80% of its net assets in various U.S. dollar-denominated asset-based income investments. Asset-based income investments include, but are not limited to, securitized assets, such as ABS, including private and multi-class structures, pass-through certificates, residual certificates, and other instruments secured by financial, physical, and/or intangible assets.

What is the expense ratio of ABI?

VictoryShares Pioneer Asset-Based Inc ETF (ABI) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.

What is ABI's dividend yield?

ABI's trailing-twelve-month yield is 6.37%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ABI?

Effective duration measures ABI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ABI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ABI?

ABI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ABI?

Yield to maturity (YTM) is the total return you'd earn from ABI if every bond in the portfolio is held to maturity at the current price. ABI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.