Victory Capital Expands VictoryShares® Offerings with Three New ETFs

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

[{"type":"text","content":" 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 exchange-traded funds (ETFs), VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN).\n\n\nThe launch of ABI marks a significant milestone as the first strategy from Pioneer Investments, Victory Capital’s newest Investment Franchise, to be offered in an ETF wrapper. The strategy is designed to capture premium yields available within select subsets of the securitized credit markets.\n\n\n“ABI, actively managed by Pioneer Investments, provides access to asset-based income that takes advantage of the same secular trends driving private credit markets with the benefits of an ETF,” said Mannik Dhillon, CFA®, CAIA®, President, Investment Franchises and Solutions for Victory Capital. “ABI offers investors private-credit-like characteristics in a listed ETF with inherent liquidity features.”\n\n\nABI aims to deliver a differentiated income stream by investing in specialized fixed income sectors, including those that bridge the public and private credit markets. The strategy targets non-benchmark securities collateralized by physical assets, as well as securities with cash flows connected to diverse non-bank lending channels. By targeting credit exposures in these areas, ABI seeks to provide an attractive total return primarily through high current income with low correlations to traditional fixed income.\n\n\n“Industry professionals have increasingly recognized the potential for private credit to offer attractive income with low correlations, and many believe asset-based finance is the next frontier,” said Marco Pirondini, Chief Investment Officer at Pioneer Investments. “We are excited to bring our team’s conviction-driven, active management approach to our clients in an ETF.”\n\n\nIFLO and GRIN provide investors an opportunity to build globally diversified free cash flow (FCF) driven portfolios when combined with other FCF ETFs from VictoryShares. The ETFs become the fourth and fifth strategies in the Company’s next generation FCF suite and utilize the same disciplined rules-based index methodo...

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