GUTEX : Victory Tax-Exempt Fund Class A

GUTEX is a Bond Market Municipal Bond with HIGH fees.

GUTEX

Victory Tax-Exempt Fund Class A

FI Score

29 /100

Expense Ratio Rating

4 /10

Expense Rating

2 /10

Market Score

1 /10

Category Score

8 /10

Market Size

1 /10

29% FI Score
  • gutex
  • Mutual Fund
  • Bond
  • Municipal Bond

Victory Tax-Exempt Fund Class A

Expenses: 0.80% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to maximize current income exempt from federal income taxes, consistent with the preservation of capital. The fund invests primarily in investment-grade municipal obligations, the interest on which is, in the opinion of the issuer's bond counsel, exempt from federal income tax including the federal alternative minimum tax ("AMT"). Under normal circumstances at least 80% of the value of the fund's assets will be invested in tax-exempt municipal obligations.

Largest Holdings

Amount Holding
5.44% NEW JERSEY ECONOMIC DEV AUTH REV 5.25%
4.77% CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 5%
4.72% RICHLAND WASH ELEC UTIL REV 5%
4.29% CALIFORNIA EDL FACS AUTH REV 5%
4.27% CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%
3.91% MIAMI-DADE CNTY FLA PUB FACS REV 5%
3.89% CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%
3.62% PORT AUTH N Y & N J 5%
3.58% ILLINOIS ST 5.5%
3.57% CHICAGO ILL 5.75%
3.56% TSASC INC N Y 5%
3.14% CHARLOTTE N C CTFS PARTN 4%
2.98% METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%
2.85% UTILITY DEBT SECURITIZATION AUTH N Y 5%
2.81% LOGAN ELM OHIO LOC SCH DIST 4%
2.78% SALES TAX SECURITIZATION CORP ILL 5%
2.61% TOBACCO SETTLEMENT FING CORP N J 5%
2.48% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
2.43% PHILADELPHIA PA SCH DIST 5%
2.27% UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5%
2.07% MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 4.25%
2.02% PHILADELPHIA PA SCH DIST 5%
1.92% CHICAGO ILL WASTEWATER TRANSMISSION REV 5%
1.91% CHICAGO ILL WASTEWATER TRANSMISSION REV 5%
1.91% UTAH INFRASTRUCTURE AGY TELECOMMUNICATION REV 5%

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