UXABX Performance — Victory California Bond Fund, Class A
Data updated: 2026-07-27
UXABX returned +1.67% year to date and +6.99% over one year to May 2026. Annualised returns are +3.37% over 3 years and +0.42% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 6.50% a year. In the 12 months to May 2026 the fund lost a net $40.8M, and assets reached $396.83M.
UXABX Growth of $100
What $100 invested in Victory California Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | UXABX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $110 | $112 |
| 5 years (Jun 2021 – May 2026) | $102 | $103 |
| Since data start (Apr 2020 – May 2026) | $109 | $111 |
UXABX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.67% |
| 1 year | +6.99% |
| 3 years (annualised) | +3.37% |
| 5 years (annualised) | +0.42% |
UXABX Annual Returns
Calendar-year total returns of Victory California Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.67% |
| 2025 | +2.40% |
| 2024 | +1.14% |
| 2023 | +6.39% |
| 2022 | −9.90% |
| 2021 | +1.97% |
| 2020 (Apr–Dec) | +5.65% |
UXABX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.6% | −2.5% | +1.6% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.2% | +0.9% | −1.7% | −1.5% | −0.6% | +0.4% | −0.9% | +0.7% | +3.3% | +1.7% | +0.3% | −0.2% |
| 2024 | −0.6% | +0.1% | +0.2% | −1.1% | 0.0% | +1.5% | +0.8% | +0.5% | +0.8% | −1.4% | +1.8% | −1.6% |
| 2023 | +3.0% | −2.6% | +2.2% | −0.2% | −0.8% | +1.2% | +0.4% | −1.5% | −3.5% | −1.3% | +7.6% | +2.2% |
| 2022 | −2.8% | −0.3% | −3.3% | −2.9% | +0.6% | −2.2% | +3.1% | −2.4% | −4.8% | −1.2% | +6.0% | +0.2% |
| 2021 | +0.7% | −2.0% | +0.7% | +0.9% | +0.4% | +0.6% | +1.0% | −0.4% | −0.9% | −0.4% | +1.2% | +0.1% |
| 2020 | — | — | — | −1.7% | +3.3% | +0.5% | +2.1% | −0.7% | 0.0% | −0.3% | +1.8% | +0.5% |
UXABX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.50%
- 3-year Sharpe ratio: -0.17 (vs 4.5% risk-free rate)
- Best month: +7.56% (Nov 2023)
- Worst month: −3.50% (Sep 2023)
UXABX Fund Flows
Monthly money in and out of Victory California Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$40.8M
- 12-month gross sales (incl. reinvestments): $28.3M
- Sales ÷ redemptions: 0.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.8M | $4.1M | −$2.3M |
| Apr 2026 | $3.5M | $5.0M | −$1.5M |
| Mar 2026 | $2.6M | $3.0M | −$390K |
| Feb 2026 | $1.4M | $3.0M | −$1.6M |
| Jan 2026 | $2.1M | $2.9M | −$758K |
| Dec 2025 | $1.7M | $4.7M | −$3.0M |
| Nov 2025 | $3.6M | $4.8M | −$1.2M |
| Oct 2025 | $1.7M | $9.0M | −$7.3M |
| Sep 2025 | $1.7M | $5.4M | −$3.7M |
| Aug 2025 | $2.3M | $9.6M | −$7.3M |
| Jul 2025 | $3.2M | $11.4M | −$8.2M |
| Jun 2025 | $2.5M | $6.4M | −$3.8M |
UXABX Assets Under Management
Net assets of Victory California Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $396.83M |
| 2026-02-28 | $406.45M |
| 2025-11-30 | $407.40M |
| 2025-08-31 | $401.35M |
| 2025-05-31 | $423.41M |
| 2025-02-28 | $453.65M |
| 2024-11-30 | $470.34M |
| 2024-08-31 | $474.18M |
| 2024-05-31 | $479.56M |
| 2024-02-29 | $497.80M |
| 2023-11-30 | $499.80M |
| 2023-08-31 | $500.94M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.