Victory Capital Expands VictoryShares® ETF Offerings

About this update from Victory Capital Holdings, Inc. Class A Common Stock

[{"type":"text","content":"\nIntroduces Active Fixed Income and U.S. Mid Cap ETFs that Integrate ESG Criteria\n\n SAN ANTONIO--(BUSINESS WIRE)--\nVictory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched three new active ETFs under the VictoryShares brand, all of which integrate Environmental, Social and Governance (“ESG”) criteria into their respective processes. The new transparent, active strategies offer investors Victory Capital’s ESG and well-established active capabilities in core plus fixed income, corporate bonds and U.S. mid cap equities in an ETF wrapper.\n\nTwo of the ETFs, VictoryShares ESG Corporate Bond ETF (UCRD) and VictoryShares ESG Core Plus Bond ETF (UBND), are managed by USAA® Investments, a Victory Capital Investment Franchise. The third ETF, VictoryShares THB Mid Cap ESG ETF (MDCP), is managed by the Company’s THB Asset Management℠ Franchise.\n\n“Active ETFs continue to gain traction with investors seeking to access managers who have proven successful in mutual funds and other investment vehicles,” said Mannik Dhillon, CFA, CAIA, President, VictoryShares and Solutions. “We are thrilled to offer our clients ETF strategies that blend our deep experience in active management with an ESG lens, which today’s investors are increasingly seeking.”\n\nUCRD and UBND seek to provide investors with above-average income through yield-focused portfolios. UCRD offers exposure to primarily investment-grade corporate bonds and UBND offers exposure to intermediate-term bonds. “These new ETFs are distinct in that they combine our bond-by-bond fundamental analysis with our sophisticated, proprietary ESG scoring system,” said James Jackson, CFA, Head of Fixed Income Portfolio Management for USAA Investments.\n\n“MDCP invests in a focused, high-conviction portfolio of approximately 30 mid cap stocks that our team believes represent high-quality, low-risk businesses with the potential to prudently grow shareholder equity over time,” said Christopher Cuesta, CFA, Chief Investment Officer for THB Asset Management. “We are excited to bring our team’s long history of integrating ESG factors into our investment process to investors through an ETF vehicle.”\n\nAbout Victory Capital\nVictory Capital is a diversified global asset manage...

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