- Potential stability of bonds can help balance the volatility of stocks.
- Shorter maturities seek to help protect principal.
The fund seeks to provide high current income consistent with preservation of principal. The fund's principal investment strategy is to normally invest at least 80% of the fund's assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months (one and a half years) or less.
Victory Capital Senior Portfolio Manager - USAA Investments, a Victory Capital Investment Franchise
Victory Capital Head of Fixed Income Portfolio Management - USAA Investments, a Victory Capital Investment Franchise