UCRD

Victory Portfolios II VictoryShares Corporate Bond ETF

$21.68

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) seeks to provide investment results that track the performance of the ICE BofA US Corporate Index, which measures the performance of US dollar-denominated investment-grade corporate debt publicly issued in the US domestic market.

Overview

ETF tracking Victory Portfolios II VictoryShares Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-10-05

Market Cap $143.6M

Average Volume N/A

Dividend Yield 3.41%

52-Week Range $20.65 - $22.04

VWAP $21.70

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

To achieve its objective, the ETF invests primarily in a portfolio of investment-grade corporate bonds that are components of the ICE BofA US Corporate Index. The fund uses a sampling approach, meaning it holds a representative sample of securities in the index rather than all of the index constituents.

✨ Key Features

Exposure to a broad portfolio of investment-grade US corporate bonds
Seeks to track the performance of the ICE BofA US Corporate Index
Low expense ratio of 0.00%
Suitable for investors seeking exposure to the investment-grade corporate bond market

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The risk that the issuer of a bond may default on its obligations
Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the investment-grade corporate bond market as part of a diversified fixed-income portfolio. It may be appropriate for investors with a medium-term investment horizon and a moderate risk tolerance.