SAN ANTONIO–(BUSINESS WIRE)–
Victory Portfolios II today announced plans to liquidate VictoryShares WestEnd Economic Cycle Bond ETF (BMDL), VictoryShares Hedged Equity Income ETF (HEJD), and VictoryShares International Volatility Wtd ETF (CIL) (the “ETFs”).
The decision to liquidate the ETFs was the result of the Company’s regular review of its product lineup to ensure it is best meeting client needs.
After the close of business on January 28, 2026, the ETFs will no longer accept purchase orders for Creation Units. Shareholders of the ETFs may sell their holdings on the Nasdaq Stock Market prior to the close of trading on January 29, 2026. Customary brokerage charges may apply to these transactions. The ETFs will cease trading at the end of the trading day on January 29, 2026. It is anticipated that the ETFs will liquidate on or about February 4, 2026. Any person holding shares of the ETFs as of the liquidation date will receive a cash distribution equal to the net asset value of their shares as of that date.
Victory Capital Management Inc. (VCM), the adviser to the VictoryShares ETFs, will bear all fees and expenses that may be incurred in connection with the liquidation of the ETFs and the distribution of the cash proceeds to investors, other than brokerage fees and other related expenses.
For tax purposes, shareholders will generally recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares.
VictoryShares ETFs distributed by Victory Capital Services, Inc., an affiliate of Victory Capital Management Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251205848394/en/
Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com
Media:
Jessica Davila
Director, Global Communications
210-694-9693
Jessica_davila@vcm.com
Source: Victory Capital Holdings, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
