VictoryShares Pioneer Asset-Based Inc ETF
$24.53−0.04 (−0.18%)
- Expense ratio
- 0.87%
- Fund size
- $521M
- 1Y return
- +4.6%
- Yield · Last 12 months
- 6.38%
- Volume · 30D
- 0.2M sh
- NAV per share
- $24.54
- 52W range
The ETF.net ABI Grade
Score 34 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 33Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
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
- —
- 69%
- US T-BILL DN 10/20/2026
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.
Returns run to the Sep 22, 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 | +3.3% |
| 1 month | −0.4% |
| 3 months | +0.5% |
| 1 year | +4.6% |
| 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 | +3.3% | |
| 2025 | +2.0% |
ABI in the news
ETF.net Research hasn’t filed on ABI yet — coverage lands here as it’s written.
ABI Dividends
- 6.38%
- $1.57
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 9, 2026 | Sep 10, 2026 | $0.13 |
| Aug 7, 2026 | Aug 10, 2026 | $0.12 |
| Jul 9, 2026 | Jul 10, 2026 | $0.14 |
| Jun 9, 2026 | Jun 10, 2026 | $0.12 |
| May 8, 2026 | May 11, 2026 | $0.13 |
| Apr 9, 2026 | Apr 10, 2026 | $0.14 |
| Mar 10, 2026 | Mar 11, 2026 | $0.13 |
| Feb 9, 2026 | Feb 10, 2026 | $0.13 |
| Jan 8, 2026 | Jan 9, 2026 | $0.02 |
| Dec 11, 2025 | Dec 12, 2025 | $0.25 |
| Nov 7, 2025 | Nov 10, 2025 | $0.12 |
| Oct 9, 2025 | Oct 10, 2025 | $0.15 |
ABI Risk
- 1.5%
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.
- 0.53
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
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
Every other Collateralized Loan Obligations (CLO) fund charges less.