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Investment Approach

 

The Victory Government Securities Strategy seeks to provide a high level of current income consistent with the preservation of principal. The principal investment approach is to invest at least 80% of assets in securities issued by the U.S. government, its agencies, and instrumentalities.

 

Philosophy & Process

 

The Victory Government Securities Strategy seeks to build, bond-by-bond, a yield-focused portfolio to generate strong total returns by investing in securities issued by the U.S. government, its agencies, and instrumentalities. The Strategy invests primarily in U.S. dollar-denominated Treasury bills, notes, and bonds; Treasury Inflation Protected Securities; mortgage-backed securities backed by the Government National Mortgage Association, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation; collateralized mortgage obligations; and repurchase agreements collateralized by such investments.

Management Team

Neal Graves
Neal Graves

Senior Portfolio Manager

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John Spear
John Spear

Co-Chief Investment Officer

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 (As of )