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Fund Intelligence | Best Managers | VICIX Insights | VICIX Score | VICIX Performance | VICIX Manager | VICIX News | VICIX Allocation | VICIX Holdings Change

Mutual Fund Insights: Victory Investment Grade Convertible I Fund (VICIX)

In-depth Analysis of Victory Investment Grade Convertible I Fund (VICIX)

Mutual fund chart: Victory Investment Grade Convertible I Fund (VICIX)

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See Victory Investment Grade Convertible I Fund (VICIX) performance details as of January 31, 2010

  

    Last Trade: $10.41 on 3/12/2010, Change: 0.00 (0%)

  

Fund Manager - James K. Kaesberg

Fund Manager Tenure: 14.0 years
Fundmojo Fund Grade: D (Score: 0.41)     (What does this score mean?)
Kaesberg is a senior portfolio manager and managing director with Victory Capital Management. He joined the firm in 1985 as an equity analyst and in 1992 began managing convertible portfolios. Kaesberg is a past president of The Cleveland Society of Securities Analysts and a current member of the executive committee. He is also a member of the Association for Investment Management and Research. Kaesberg holds the Chartered Financial Analyst designation.  Get more insights on James K. Kaesberg

  

What we like about Victory Investment Grade Convertible I Fund (VICIX) What we like about Victory Investment Grade Convertible I Fund (VICIX)

Data for Victory Investment Grade Convertible I Fund (VICIX) as of January 31, 2010

  • Victory Investment Grade Convertible I Fund (VICIX) management has been with Victory Investment Grade Convertible I Fund for 14.0 years
  • Victory Investment Grade Convertible I Fund (VICIX) has an annual stock turnover rate of 42.00% vs Convertibles average of 83.15%. It is good that Victory Investment Grade Convertible I management does not trade extensively for its return.
  • Victory Investment Grade Convertible I Fund (VICIX) is less volatile than its peers as it has a 3-year Standard Deviation of 16.91, lower than category average of 17.71
  • Victory Investment Grade Convertible I Fund (VICIX) has a lower management fee than its Convertibles average: 1.00% vs 1.44%
  • Victory Investment Grade Convertible I Fund (VICIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Victory Investment Grade Convertible I Fund (VICIX) What we are cautious about Victory Investment Grade Convertible I Fund (VICIX)

Data for Victory Investment Grade Convertible I Fund (VICIX) as of January 31, 2010

  • Victory Investment Grade Convertible I Fund is a focused fund with 33.54% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
  • Victory Investment Grade Convertible I Fund (VICIX) has a less-than-ideal short-term performance (1-year return 29.60% vs 36.35% Convertibles category average)
  • Victory Investment Grade Convertible I Fund (VICIX) has a less-than-ideal mid-term performance (3-year return -3.02% vs -1.21% Convertibles category average)
  • Victory Investment Grade Convertible I Fund (VICIX) has a less-than-ideal Long-term performance (5-year return 0.85% vs 2.58% Convertibles category average)
  • Victory Investment Grade Convertible I Fund (VICIX) ratio of up-years vs down years can be improved
  • Victory Investment Grade Convertible I Fund (VICIX) has a Morningstar rating of 3 and below
  • Victory Investment Grade Convertible I Fund (VICIX) is less safe compared to its Convertibles peers
  • Victory Investment Grade Convertible I Fund (VICIX) does not have a good risk adjusted return as its 3-year Alpha of -2.77 is worse than category average of -0.78, and its 3-year Sharpe ratio is -0.21
See Victory Investment Grade Convertible I Fund (VICIX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Convertibles category?

Below are some additional Convertibles mutual funds generated out of our database

  

Victory Investment Grade Convertible I Fund (VICIX) Net Asset

Track net asset change of Victory Investment Grade Convertible I fund (VICIX)

DateNet Asset
01/2010$11.52M
11/2009$11.51M
10/2009$10.85M
More historic net asset information on Victory Investment Grade Convertible I Fund (VICIX)

  

Victory Investment Grade Convertible I Fund (VICIX) Portfolio Allocation

Track portfolio allocation change of Victory Investment Grade Convertible I fund (VICIX)

DateCashStockBondOther
09/20090.81%0.93%8.34%89.92%
06/20093.15%2.53%24.37%69.95%
03/20093.15%2.53%26.97%0.52%
Click here to see more historic asset allocation information on Victory Investment Grade Convertible I Fund (VICIX)

  

Most Recent Top 10 Holdings in Victory Investment Grade Convertible I Fund (VICIX)

Discover what Victory Investment Grade Convertible I Fund (VICIX) manager is buying

30-Sep-09
Wells Fargo & Co New Pfd [4.72%]
AMGEN [3.95%]
Schering Plough Cv [3.38%]
Emc 144A 1.75% [3.35%]
Intel Cv 2.95% [3.29%]
Newmont Mng 144A Cv 1.625% [3.26%]
Vornado Rlty L P FRN [2.8%]
MEDTRONIC [2.72%]
Teva Pharma Fin Cv 0.25% [2.61%]
Us Bancorp Del Cv FRN [2.49%]

30-Jun-09
Wells Fargo & Co New Pfd [4.27%]
Schering Plough Cv [3.38%]
Intel Cv 2.95% [3.31%]
Newmont Mng 144A Cv 1.625% [3.12%]
Nextel Comms Cv 5.25% [3.08%]
Emc 144A 1.75% [2.97%]
Bk Amer Pfd [2.93%]
Vornado Rlty L P FRN [2.79%]
Teva Pharma Fin Cv 0.25% [2.73%]
MEDTRONIC [2.72%]

31-Mar-09
Newmont Mng 144A Cv 1.625% [3.79%]
Nextel Comms Cv 5.25% [3.76%]
Schering Plough Cv [3.53%]
Bk Amer Pfd [3.35%]
Emc 144A 1.75% [3.2%]
Wyeth Cv FRN [3.14%]
PRUDENTIAL FINL [3.09%]
Teva Pharma Fin Cv 0.25% [3.07%]
MEDTRONIC [2.93%]
Intel Cv 2.95% [2.92%]
Click here for Stock Holding Change Map in Victory Investment Grade Convertible I Fund (VICIX)

  

Related books and products to Victory Investment Grade Convertible I Fund (VICIX)

  

Latest News on Victory Investment Grade Convertible I (VICIX)

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