VictoryShares Core Plus Bond ETF

Frequently Asked Questions About UBND

What does UBND invest in?

Typically, the fund allocates a minimum of 80% of its total assets to fixed-income instruments, including bonds, as well as financial derivatives and other holdings that mirror the economic profile of such debt. Its primary investment focus is on securities possessing a dollar-weighted average maturity ranging from three to ten years. While predominantly holding investment-grade debt, the portfolio has the flexibility to allocate up to 20% of its net assets to lower-rated, speculative instruments often known as high-yield or "junk" bonds.

What is the expense ratio of UBND?

VictoryShares Core Plus Bond ETF (UBND) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is UBND's dividend yield?

UBND's trailing-twelve-month yield is 4.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of UBND?

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

What is the credit quality of UBND?

UBND'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 UBND?

Yield to maturity (YTM) is the total return you'd earn from UBND if every bond in the portfolio is held to maturity at the current price. UBND'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.