Victory INCORE Investment Grade Convertible Fund Earns Prestigious Lipper Award
February 28 2018 - 10:30AM
Victory Capital (NASDAQ:VCTR) today announced that the Victory
INCORE Investment Grade Convertible Fund Class I has received a
2018 Thomson Reuters Lipper Fund Award. The Fund was ranked first
over five years in the convertible securities category for the
period ended November 30, 2017.
The Lipper Awards recognize funds and fund
management firms for consistently strong risk-adjusted three-,
five- and ten-year performance relative to their peers, based on
Lipper’s proprietary performance-based methodology.
“We are pleased that our INCORE investment
franchise has been recognized by Lipper for delivering outstanding
risk-adjusted performance to investors in the Victory INCORE
Investment Grade Convertible Fund,” said David Brown, Victory
Capital’s Chairman and Chief Executive Officer. “This award is a
testament to the portfolio management team’s commitment to
providing a consistent, diversified return stream over various
market cycles while prudently managing portfolio volatility.”
“We are honored to receive this award,” said
James Kaesberg, Lead Portfolio Manager of the Victory INCORE
Investment Grade Convertible Fund. “We believe our approach of
remaining fully invested in convertible securities that possess
strong upside potential from the equity element, and solid total
return potential from the bond element, has served our investors
well.”
The Victory INCORE Investment Grade Convertible
Fund seeks superior long-term, risk-adjusted returns from buying
convertibles with strong underlying equity potential, solid fixed
income fundamentals and compelling convertible characteristics.
INCORE Capital Management, a Victory Capital
investment franchise, provides independent, comprehensive and
repeatable fixed income and convertible bond strategies.
About Victory Capital
Victory Capital is an integrated multi-boutique
asset management firm, headquartered in Cleveland, Ohio. As of
December 31, 2017, the firm had approximately $61.8 billion in
assets under management and advisement. Victory Capital
provides institutions, financial advisors and retirement platforms
with a variety of asset classes and investment vehicles, including
separately managed accounts, collective trusts, mutual funds, ETFs
and UMA/SMA vehicles.
An investor should consider the Fund’s
investment objectives, risks, and expenses carefully before
investing or sending money. This and other important information
can be found in the Fund’s prospectus. To obtain a prospectus,
please call 1-800-539-FUND or visit
www.vcm.com. Please read the prospectus
carefully before investing.
Class I Shares are available only to select
investors; see the Fund’s prospectus for details and information on
other share classes.
Past performance does not guarantee future results. Investing
involves risk, including loss of principal. There is no guarantee
that the Fund will achieve its objective The Fund may invest in
below-investment-grade securities, sometimes known as "junk bonds."
These securities generally offer higher yields than
investment-grade securities, but carry a higher risk of default and
may be considered speculative. Bond funds fluctuate in price,
especially longer-term issues and in environments of rising
interest rates. Stocks generally provide greater return potential
and risk when compared with other types of investments. The
principal value of some bonds falls when interest rates rise and
rise when interest rates fall.
Lipper classification averages are calculated
with all eligible share classes for each eligible classification.
The calculation periods extend over 36, 60 and 120 months. The
highest Lipper Leader for Consistent Return (Effective Return)
value within each eligible classification determines the fund
classification winner over three, five, or 10 years. Victory INCORE
Investment Grade Convertible Fund Class I was selected from among
14 funds and 63 share classes in the convertible securities
category over five years for the period ending November 30, 2017.
For a detailed explanation, please review the Lipper Leaders
methodology document on
http://lipperalpha.financial.thomsonreuters.com/lipper/our-methodology/.
From Thomson Reuters Lipper Awards, ©2018 Thomson Reuters. All
rights reserved. Used by permission and protected by the Copyright
Laws of the United States. The printing, copying, redistribution,
or retransmission of this Content without express written
permission is prohibited.
The Fund is distributed by Victory Capital
Advisers, Inc. (“VCA”), member FINRA and SIPC. Victory Capital
Management Inc., an affiliate of VCA, is the investment adviser to
the Fund and receives a fee from the Fund for its services.
PRESS INQUIRIES
Contact: Caroline
Churchill303-262-3519cchurchill@vcm.com
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