- What does HIMYX invest in?
- A fundamental objective of this fund is to deploy at least 80% of its net capital into debt instruments and financial obligations. These assets are sourced from a broad spectrum of governmental issuers, including states, counties, and municipalities, as well as U.S. territories, the District of Columbia, and their various authorities, political subdivisions, agencies, and instrumentalities. Crucially, the interest income derived from these investments – commonly referred to as municipal securities – is not subject to regular federal income tax. The fund maintains the discretion to invest in municipal securities regardless of their time to maturity.
- What is the expense ratio of HIMYX?
- Victory High Income Municipal Fund - Class Y (HIMYX) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.
- What is HIMYX's dividend yield?
- HIMYX's trailing-twelve-month yield is 8.83%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of HIMYX?
- Effective duration measures HIMYX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HIMYX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of HIMYX?
- HIMYX'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 HIMYX?
- Yield to maturity (YTM) is the total return you'd earn from HIMYX if every bond in the portfolio is held to maturity at the current price. HIMYX'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.
