ABI VictoryShares Pioneer Asset-Based Income ETF

About this ETF

VictoryShares Pioneer Asset-Based Income ETF is an actively managed fixed income fund designed to deliver a differentiated income stream by investing in specialized asset-backed income sectors. Launched in June 2025, it targets U.S. dollar-denominated asset-based securities including collateralized debt obligations, asset-backed securities, and mortgage-backed securities, along with exposures to privately issued loans such as consumer and equipment loans. The ETF seeks credit exposures outside traditional corporate bonds and fixed income benchmarks, encompassing lower-rated tranches often below investment grade and accessing private credit through Private Credit CLOs and Middle Market CLOs. Its diversified portfolio spans U.S. and non-U.S. issuers across multiple market segments. The fund aims to provide high current income and potential capital appreciation, with a focus on delivering returns that have low correlations to conventional fixed income investments. It employs physical replication and may use derivatives to achieve its investment objectives. Managed by Victory Capital Management, the ETF carries an expense ratio of 0.70% and distributes income as ordinary income for tax purposes.