Tier 3Income
Monthly

CSB/ VictoryShares US Small Cap High Div Volatility Wtd ETF

Comprehensive risk audit, payout history, and forward-looking dividend projections.

Current Price
$63.13
+0.00%(Today)
Updated Feb 5
Risk:Medium

What This Page Shows

  • Dividend yield and net yield after fees (1.89% vs 1.89%)
  • Risk tier classification: Tier 3 Sector Specialties
  • TTM NAV change: 2.8%
  • Income sustainability flags and payout history trends

DivAgent Audit Brief

CSB is a Tier 3 Sector Specialties asset yielding 1.89%. It offers balanced exposure to high-yield sectors like Real Estate or BDCs. NAV stability remains within healthy ranges.

Provider

Victory Capital Management Inc.

Sector

Asset Class

Expense Ratio

AUM

$260.61M

Inception

Distribution

monthly

NAV Change (1Y)

2.8%

NET YIELD
1.89%
NO FEE
NET RETURN (1Y)
+6.1%
INCOME + NAV
NAV CHANGE (1Y)
+2.8%
STABLE
RISK TIER
Tier 3
MEDIUM
LAST PAYOUT
$0.0100
MONTHLY
EST. ANNUAL PAYOUT
$0.12
PER SHARE
RISK PREMIUM
0.00%
VS 10Y TREASURY
NEXT EX-DATE
Feb 7
75% CONFIDENCE

Who Should Buy CSB?

CSB is best suited for Yield Strategists. The fund generates a 1.89% yield through collecting dividends from portfolio companies.

Ideal For

Income-focused investors willing to accept sector concentration risks (e.g., Real Estate volatility).

Avoid If

You need a diversified core holding, as this asset is sector-specific.

Quick Audit

  • TypeTraditional Equity
  • ComplexityMedium
  • Tax EfficiencyMixed
  • VolatilityMarket Correlation
Real Returns Analysis

Comparing stated yield to actual total return performance

Stated Yield
1.89%
Gross income rate
Net Return (1Y)
+6.1%
Actual performance
Expense Ratio
-0.00%
Annual fee
Yield vs Return Spread-4.2pp
Stated Yield: 1.9%Actual Return: +6.1%

Liquidity Warning: High Risk

CSB has high liquidity risk. You may experience wide bid-ask spreads and significant slippage when entering or exiting positions. Consider using limit orders and avoid market orders for large positions.

Liquidity Metrics
Trading volume, fund size, and ownership structure
High Liquidity Risk
Assets Under Management
$261M
Fund Age
N/A

Institutional Data Locked

Advanced liquidity metrics for Tier 3 assets are available to Premium members.

Unlock Metrics
Includes
InstitutionalAverage

DivAgent Analyst Verdict

CSB is currently serving as a foundational income anchor. Investors should be aware that csb is a tier 3 sector specialties holding that generates income from specialized asset classes. this victory capital management inc. fund offers n/a yields through exposure to reits, bdcs, mlps, or other high-yield sectors. tier 3 securities like csb occupy the middle ground between conservative dividend growth funds and aggressive options strategies. they deliver 6-10% yields backed by real cash flows (rents, loan interest, pipeline fees) but carry sector-specific risks—reits face occupancy and rate risk, bdcs face credit risk, mlps face regulatory and commodity exposure. diversification across multiple tier 3 holdings is essential. csb has delivered +0.1% total return (n/a distributions with +0.0% nav movement). distributions are periodic and taxed as ordinary income. allocate 20-30% to tier 3 for enhanced income without the extreme volatility of options-based strategies.

Risk Profile Audit

Moderate risk. Reliable income but sensitive to interest rate changes or sector-specific headwinds.

Price Chart

Live Data
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Calculate Your Returns

Dividend Calculator

Estimate income for CSB

$

~15.84 shares at $63.13

Monthly
$0.16
Quarterly
$0.48
Annual
$1.90

Estimates use the latest forecasted distribution and are not guarantees.

Track CSB in DivAgent

Verified Payout History

Last 5 of 20 Payments
Ex-Dividend DateAmountFrequencyStatus
Jan 08, 2026$0.0100MonthlyPAID
Dec 11, 2025$0.4880MonthlyPAID
Nov 07, 2025$0.0600MonthlyPAID
Oct 09, 2025$0.2220MonthlyPAID
Sep 08, 2025$0.2630MonthlyPAID
+15 more dividends hidden

15 more dividends available

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CSB FAQ

Common questions about CSB dividends, safety, and performance

Institutional Analysis Context

This FAQ section provides institutional-grade analysis of CSB. DivAgent evaluates dividend ETFs using a proprietary 5-Tier Risk Spectrum that measures income sustainability, NAV erosion risk, and distribution source quality. Data is updated daily from market sources.

DivAgent Data Methodology

Risk Tier Classification

Our 5-Tier Risk Spectrum is not an editorial opinion. It is a quantitative scoring model derived from 36-month volatility, max drawdown depth, and option skew (for derivative funds). A "Tier 1" rating implies volatility comparable to short-term treasuries, while "Tier 5" indicates localized volatility exceeding the S&P 500.

NAV Erosion Calculation

We calculate "Erosion" by stripping out distribution payments to isolate the price performance of the underlying collateral. If a fund's share price drops by more than its distribution yield over a rolling 12-month period, it is flagged as eroding capital. This protects investors from "Yield Traps" that return their own principal as taxable income.

Yield vs. Income

DivAgent distinguishes between "SEC Yield" (standardized) and "Distribution Rate" (cash-on-cash). For option-income ETFs (e.g., Covered Calls), we prioritize the Trailing 12-Month (TTM) distribution rate as a more accurate reflection of realized income, while flagging that future payouts fluctuate with implied volatility.

Performance Benchmarking

All "Total Return" metrics differ from price return. We assume immediate reinvestment of all dividends (DRIP) on the pay date, with no tax friction. This "Net Total Return" metric allows for a true apples-to-apples comparison between high-yield/flat-price funds and low-yield/high-growth funds.

* Data updated daily via end-of-day (EOD) feeds. Forward yields are projections based on the most recent declared distribution annualized. Past performance of CSB does not guarantee future results.