VictoryShares Pioneer Asset-Based Inc ETF
$24.49−0.03 (−0.12%)
- 0.87%
- $530M
- +4.5%
- 6.08%
- 0.2M sh
- $24.44
- low $24.45high $25.10
The ETF.net ABI Grade
D
Score 33 out of 100
- 29 of 34
Score 33 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 34 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 17 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 9 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 28 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 9 of 34
Our read on ABI
DMost funds in this corner buy one thing: AAA CLO tranches. ABI roams the whole securitized aisle instead (CLOs, CMOs, CMBS, ABS), stock-picked by an active manager into a compact bond book that pays monthly.
The Fund seeks attractive total return by primarily investing in asset-based income investments, including debt instruments collateralized by specific assets such as CMOs, CLOs, CMBS, and ABS.
Why people hold it
- Broader mandate than the AAA-CLO crowd: the fund invests across asset-backed income, including CMOs, CLOs, CMBS and ABS, rather than a single slice of the securitized market.
- Actively managed and concentrated, roughly 40 positions. A human is picking which collateral pools to own instead of buying the index wholesale.
- Pays monthly, which suits investors who like their bond income arriving on a regular cadence.
Worth knowing
- Active management carries an active price: 0.87% a year, against the 0.19% to 0.20% charged by the large AAA CLO funds like JAAA, CLOA and PAAA.
- Launched in June 2025, so the track record is short and the fund trades lightly. Thin volume can mean wider gaps between the price you pay and the value of the bonds inside.
- Reaching beyond AAA CLOs into CMBS, ABS and CMOs adds credit and complexity that a pure top-tranche fund avoids. More levers to pull, more that can move.
ABI Holdings
- Bonds
- 236
- 34%
- Us-Tbill Dn 10/27/26
Geography
- United States100.00%
ABI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
ABI$10,445
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ABI |
|---|---|
| Year to date | +3.4% |
| 1 month | +0.1% |
| 3 months | +0.2% |
| 1 year | +4.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ABI |
|---|---|---|
| 2026 YTD | +3.4% | |
| 2025 | +2.0% |
ABI in the news
ABI Dividends
- 6.08%
- $1.49
- $0.07 per share
- Monthly
Distribution history
ABI Risk
- 1.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −1.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ABI Cost
0.87%
ABI0.87%
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
Every other Collateralized Loan Obligations (CLO) fund charges less.
Other funds in Collateralized Loan Obligations (CLO)
- DEVLNEaton Vance Floating-Rate ETFExpense ratio 0.60%1 year return +4.2%
- DRAARReckoner Yield Enhanced AAA CLO Reinvesting ETFExpense ratio 0.40%1 year return —
- DCLOCAAM Crescent CLO ETFExpense ratio 0.49%1 year return —
- DPCMMBondbloxx ETF Trust - Bondbloxx Private Credit CLO ETFExpense ratio 0.68%1 year return +5.5%
- FRCLYReckoner BBB-B CLO Annual ETFExpense ratio 0.55%1 year return —