MNBCX — Victory AMT-Free Municipal Fund
Data updated: 2026-05-28
MNBCX — Victory AMT-Free Municipal Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $418.54M AUM · 1.54% expense ratio · -1.0% 1-yr return. From SEC regulatory filings.
MNBCX Fund Overview
MNBCX — Victory AMT-Free Municipal Fund is a US mutual fund managed by Victory Portfolios IV, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Victory Portfolios IV
- Category: Long Municipal - National Bond
- Assets under management: $418.54M
- 1-year return: -1.0%
- Ticker: MNBCX
- SEC CIK: 0002042316
- SEC series ID: S000089753
- Share class ID: C000256470
MNBCX Holdings
Top 10 holdings of Victory AMT-Free Municipal Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Puerto Rico Sales Tax Fing Corp. Sales Tax Rev | 4.18% |
| New York N Y City Mun Wtr Fin Auth Wtr & Swr Sys Rev | 3.21% |
| Jefferson Cnty Ala Swr Rev | 2.78% |
| Florida St Tpk Auth Tpk Rev | 2.76% |
| University Neb Facs Corp. Rev | 2.47% |
| Utah St Univ Rev | 2.35% |
| Ohio St Hosp Rev | 2.04% |
| Chicago Ill | 2.00% |
| Tobacco Settlement Fing Corp. Va | 1.98% |
| City of New York | 1.86% |
MNBCX Portfolio Allocation
Asset-class allocation of Victory AMT-Free Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.3% |
MNBCX Performance
Total returns for MNBCX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.3% |
| 1 year | -1.0% |
MNBCX Risk Information
Risk metrics for MNBCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.5%
MNBCX Costs and Fees
MNBCX costs about $154 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.54%
- Gross expense ratio: 1.64%
- Portfolio turnover: 68%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
MNBCX Cashflows
Over the 12 months to 2026-03, Victory AMT-Free Municipal Fund had net outflows of $205.15M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$15.40M |
| 2026-02 | −$2.41M |
| 2026-01 | −$6.63M |
| 2025-12 | −$19.99M |
| 2025-11 | −$5.30M |
| 2025-10 | −$124.19M |
MNBCX Debt Constituents
Largest debt holdings of Victory AMT-Free Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Puerto Rico Sales Tax Fing Corp. Sales Tax Rev | 4.18% |
| New York N Y City Mun Wtr Fin Auth Wtr & Swr Sys Rev | 3.21% |
| Jefferson Cnty Ala Swr Rev | 2.78% |
| Florida St Tpk Auth Tpk Rev | 2.76% |
| University Neb Facs Corp. Rev | 2.47% |
| Utah St Univ Rev | 2.35% |
| Ohio St Hosp Rev | 2.04% |
| Chicago Ill | 2.00% |
| Tobacco Settlement Fing Corp. Va | 1.98% |
| City of New York | 1.86% |
MNBCX Prospectus and SEC Filings
Official Victory AMT-Free Municipal Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.