ULTIX — Victory Tax Exempt Long-Term Fund
Data updated: 2026-07-27
ULTIX — Victory Tax Exempt Long-Term Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.59B AUM · 0.42% expense ratio · 4.1% 1-yr return. From SEC regulatory filings.
ULTIX Fund Overview
ULTIX — Victory Tax Exempt Long-Term Fund is a US mutual fund managed by Victory Portfolios III, 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 III
- Category: Long Municipal - National Bond
- Assets under management: $1.59B
- 1-year return: 4.1%
- Ticker: ULTIX
- SEC CIK: 0000908695
- SEC series ID: S000012904
- Share class ID: C000220617
ULTIX Holdings
Top 10 holdings of Victory Tax Exempt Long-Term Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Regional Transn Auth Ill | 2.57% |
| Miami-Dade Cnty Fla Wtr & Swr Rev | 1.32% |
| Missouri Dev Fin Brd Infrastructure Facs Leasehold Rev | 1.06% |
| Texas St Tpk Auth Cent Tex Tpk Sys Rev | 1.02% |
| Harris Cnty Tex Hosp Dist Rev | 0.89% |
| Central Plains Energy Proj Neb Gas Proj Rev | 0.88% |
| New Jersey St Transn Tr Fd Auth | 0.86% |
| Sangamon Cnty Ill Wtr Reclamation Dist | 0.86% |
| Illinois Fin Auth Rev | 0.77% |
| Lee Cnty Fla Indl Dev Auth Health Care Facs Rev | 0.76% |
ULTIX Portfolio Allocation
Asset-class allocation of Victory Tax Exempt Long-Term Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.1% |
ULTIX Performance
Total returns for ULTIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.4% |
| 1 year | 4.1% |
| 3 years (annualised) | 5.1% |
| 5 years (annualised) | 1.3% |
ULTIX Risk Information
Risk metrics for ULTIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.2%
ULTIX Costs and Fees
ULTIX costs about $42 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.42%
- Gross expense ratio: 0.53%
- Portfolio turnover: 4%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
ULTIX Cashflows
Over the 12 months to 2026-02, Victory Tax Exempt Long-Term Fund had net outflows of $76.51M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$2.22M |
| 2026-01 | −$3.53M |
| 2025-12 | −$10.60M |
| 2025-11 | −$6.76M |
| 2025-10 | −$6.18M |
| 2025-09 | −$6.90M |
ULTIX Debt Constituents
Largest debt holdings of Victory Tax Exempt Long-Term Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Regional Transn Auth Ill | 2.57% |
| Miami-Dade Cnty Fla Wtr & Swr Rev | 1.32% |
| Missouri Dev Fin Brd Infrastructure Facs Leasehold Rev | 1.06% |
| Texas St Tpk Auth Cent Tex Tpk Sys Rev | 1.02% |
| Harris Cnty Tex Hosp Dist Rev | 0.89% |
| Central Plains Energy Proj Neb Gas Proj Rev | 0.88% |
| New Jersey St Transn Tr Fd Auth | 0.86% |
| Sangamon Cnty Ill Wtr Reclamation Dist | 0.86% |
| Illinois Fin Auth Rev | 0.77% |
| Lee Cnty Fla Indl Dev Auth Health Care Facs Rev | 0.76% |
ULTIX Prospectus and SEC Filings
Official Victory Tax Exempt Long-Term 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.