ABI
VictoryShares Pioneer Asset-Based Income ETF
📎 Investment Objective
The VictoryShares Pioneer Asset-Based Income ETF (ABI) seeks to provide current income and capital appreciation by investing in a diversified portfolio of asset-backed securities and other income-producing assets.
Overview
ETF tracking VictoryShares Pioneer Asset-Based Income ETF
Performance
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Investment Summary
📎 Investment Objective
The VictoryShares Pioneer Asset-Based Income ETF (ABI) seeks to provide current income and capital appreciation by investing in a diversified portfolio of asset-backed securities and other income-producing assets.
🎯 Investment Strategy
The fund invests primarily in asset-backed securities, including mortgage-backed securities, consumer loan-backed securities, and other asset-backed instruments. The portfolio is actively managed, with the goal of generating a high level of current income while also aiming for capital appreciation over the long term.
✨ Key Features
- Diversified portfolio of asset-backed securities and other income-producing assets
- Active management approach to seek attractive risk-adjusted returns
- Focus on generating a high level of current income
- Potential for capital appreciation over the long term
⚠️ Primary Risks
- Credit risk: The risk that the issuer of a security will default or become unable to make timely payments of interest and principal
- Interest rate risk: The risk that the value of the fund's investments will decline due to an increase in interest rates
- Prepayment and extension risk: The risk that the principal on mortgage-backed and other asset-backed securities will be prepaid at a time when interest rates are low, thereby reducing the fund's potential for capital appreciation
- Liquidity risk: The risk that the fund may not be able to sell a security at the time and price that is most beneficial to the fund
👤 Best For
The VictoryShares Pioneer Asset-Based Income ETF may be suitable for investors seeking a source of current income and the potential for capital appreciation, with a moderate risk tolerance. It may be particularly attractive to investors looking to diversify their fixed-income exposure beyond traditional government and corporate bonds.