Victory Pioneer Securitized Income Y

Frequently Asked Questions About SYFFX

What does SYFFX invest in?

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.

What is the expense ratio of SYFFX?

Victory Pioneer Securitized Income Y (SYFFX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

What is SYFFX's dividend yield?

SYFFX's trailing-twelve-month yield is 6.42%, calculated from the sum of dividends over the past year divided by the current price.

How big is SYFFX?

Victory Pioneer Securitized Income Y (SYFFX) manages $308.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SYFFX actively managed or an index fund?

SYFFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SYFFX launched?

Victory Pioneer Securitized Income Y (SYFFX) launched in December 2019 and is managed by Victory Capital.