VictoryShares Corporate Bond ETF UCRD Strategy
Strategy
The investment seeks maximum current income without undue risk to principal. Under normal circumstances, the fund invests at least 80% of its net assets in corporate bonds, and in related derivatives and other instruments that have economic characteristics similar to corporate bonds. The fund will invest primarily in investment-grade securities, but may invest up to 10% of its net assets in below-investment-grade corporate credit securities, which are sometimes referred to as high-yield or “junk” bonds.
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Morningstar Rating for Funds
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Medalist Rating
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UCRD
| VictoryShares Corporate Bond ETF | ETF | Open | $143.84M | 0.400% | — | — | $4.10M |