Expense Ratio History

PBFRX expense ratio history

Victory Pioneer Bond Fund, Class R

Fund company
Victory
Type
Mutual fund

Expense ratio: 1.10%

In basis points
110 basis points
Yearly cost per $10,000
$110
Prospectus dated
1 November 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.13% on 1 November 2025

Fee over time

PBFRX expense ratio: 1.13% until 1 Nov 2025, then 1.10%; read at 1.10% on 1 Nov 2025.0.00%0.50%1.00%1.50%Mar 2025May 2025Jul 2025Sep 2025Nov 20251.13% before1.10% from 1 Nov 2025
PBFRX expense ratio: 1.13% until 1 Nov 2025, then 1.10%; read at 1.10% on 1 Nov 2025.0.00%0.50%1.00%1.50%Mar 2025Jul 2025Nov 20251.13% before1.10% from 1 Nov 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 5 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
PBFRX (this page) Class R 1.10% — 1 Nov 2025
PICYX Class Y 0.47% — 1 Nov 2025
PBFKX Class R6 0.36% — 1 Nov 2025
PIOBX Class A 0.81% — 1 Nov 2025
PCYBX Class C 1.45% — 1 Nov 2025

Every figure we've recorded

DateFeeWhat happened
1 Nov 2025 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2025 1.10% Cut from 1.13% to 1.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-10-24
31 Mar 2025 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-03-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.10% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,346 in fees over 10 years

After fees, $10,000 grows to $14,622.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$113
3 years$352
5 years$609
10 years$1,346

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 2 prospectuses for this share class since 2025. Each one is listed above with a link to the filing.

How we read fees

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