USHYX — High Income Fund
Data updated: 2026-07-10
USHYX — High Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Corporate Bond · $960.69M AUM · 0.79% expense ratio · 8.2% 1-yr return. From SEC regulatory filings.
USHYX Fund Overview
USHYX — High Income Fund is a US mutual fund managed by Victory Portfolios III, categorised as Intermediate Corporate 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: Intermediate Corporate Bond
- Assets under management: $960.69M
- 1-year return: 8.2%
- Ticker: USHYX
- SEC CIK: 0000908695
- SEC series ID: S000012898
- Share class ID: C000034867
USHYX Holdings
Top 10 holdings of High Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Co. | 9.26% |
| Goldman Sachs Financial Square Government Fund | 1.59% |
| Invesco Government & Agency Portfolio | 1.59% |
| Hsbc US Government Money Market Fund | 1.59% |
| MSILF Government Portfolio | 1.59% |
| Frontier Communications Holdings, LLC | 1.46% |
| Dish Network Corporation | 1.32% |
| Royal Caribbean Cruises Ltd. | 0.97% |
| Uniti Services LLC | 0.88% |
| Ardonagh Group Finance Limited | 0.81% |
USHYX Portfolio Allocation
Asset-class allocation of High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 76.7% |
| Cash & Equivalents | 15.6% |
| Loans | 6.5% |
| Securitized | 4.1% |
| Equity | 1.1% |
| Other | 1.0% |
USHYX Performance
Total returns for USHYX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 8.2% |
| 3 years (annualised) | 8.3% |
| 5 years (annualised) | 4.0% |
USHYX Risk Information
Risk metrics for USHYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.8%
USHYX Costs and Fees
USHYX costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.79%
- Portfolio turnover: 61%
- Brokerage commissions: 1.59 bps of average net assets (SEC N-CEN)
USHYX Cashflows
Over the 12 months to 2026-04, High Income Fund had net outflows of $54.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$694.18K |
| 2026-03 | −$3.97M |
| 2026-02 | $213.53K |
| 2026-01 | $1.83M |
| 2025-12 | −$1.18M |
| 2025-11 | $1.05M |
USHYX Debt Constituents
Largest debt holdings of High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Frontier Communications Holdings, LLC | 1.46% |
| Dish Network Corporation | 1.32% |
| Royal Caribbean Cruises Ltd. | 0.97% |
| Uniti Services LLC | 0.88% |
| Ardonagh Group Finance Limited | 0.81% |
| Howden UK Refinance 2 PLC | 0.69% |
| Echostar Corporation | 0.67% |
| Panther Escrow Issuer, LLC | 0.66% |
| Ukg Inc. | 0.63% |
| Cco Holdings, LLC | 0.62% |
USHYX Prospectus and SEC Filings
Official High Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Corporate 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.