RCRAXETF / FundVictory Pioneer Active Credit Fund
Verdicts genuinely change. Free email alert the moment RCRAX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Victory Pioneer Active Credit Fund · Victory Portfolios IV
274 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 122% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 51.20% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 66% turns out to be. Matching more holdings can only raise this share, never lower it.
34.28% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
274 holdings, 89 matched (46% of weight). Portfolio as of 2026-05-31, filed 2026-07-27. Source: SEC Form N-PORT.
10.59% of this portfolio’s income is non-permissible — weighted across holdings, computed over 11% of portfolio weight (41 of 274 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (274) · showing 1–250
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| United States of America | NON_COMPLIANT | 9.85% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 8.21% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 4.05% | no in-house ratios for this holding |
| United States of America | NON_COMPLIANT | 3.01% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 2.28% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 1.84% | no in-house ratios for this holding |
| United States of America | NON_COMPLIANT | 1.73% | no in-house ratios for this holding |
| CDX CDX NAHYS46V1 5Y | UNSCREENED | 1.65% | no in-house ratios for this holding |
| BMO.TO BANK OF MONTREAL | NON_COMPLIANT | 1.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHENIERE ENERGY PARTNERS, L.P. | UNSCREENED | 1.50% | no in-house ratios for this holding |
| UPSTART SECURITIZATION TRUST | UNSCREENED | 1.29% | no in-house ratios for this holding |
| MOROCCO GOVERNMENT INTERNATIONAL BOND | UNSCREENED | 1.01% | no in-house ratios for this holding |
| PEP PEPSICO INC | COMPLIANT | 0.99% | AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4% |
| Republica Federativa do Brasil | UNSCREENED | 0.94% | no in-house ratios for this holding |
| SUMITOMO LIFE INSURANCE COMPANY | UNSCREENED | 0.94% | no in-house ratios for this holding |
| Meiji Yasuda Life Insurance Company | UNSCREENED | 0.92% | no in-house ratios for this holding |
| Daiichi Life Insurance Co., Ltd. | UNSCREENED | 0.87% | no in-house ratios for this holding |
| UBS AG | UNSCREENED | 0.80% | no in-house ratios for this holding |
| BELLEMEADE RE LTD. | UNSCREENED | 0.76% | no in-house ratios for this holding |
| GENERAL MOTORS FINANCIAL COMPANY, INC. | UNSCREENED | 0.76% | no in-house ratios for this holding |
| Banque africaine de developpement | UNSCREENED | 0.74% | no in-house ratios for this holding |
| GRUPO NUTRESA S.A. | UNSCREENED | 0.73% | no in-house ratios for this holding |
| ARCLIN ESCROW ISSUER, INC. | UNSCREENED | 0.71% | no in-house ratios for this holding |
| Total Play Telecomunicaciones S.A.P.I. de C.V. | UNSCREENED | 0.69% | no in-house ratios for this holding |
| ALV.DE Allianz SE | NON_COMPLIANT | 0.68% | AAOIFI20.8% Usmani3.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic3.4% MSCI Islamic M-Seriesfail FTSE Shariah3.4% |
| Turkiye Cumhuriyeti | UNSCREENED | 0.67% | no in-house ratios for this holding |
| RIVER ROCK ENTERTAINMENT AUTHORITY | UNSCREENED | 0.66% | no in-house ratios for this holding |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.66% | no in-house ratios for this holding |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.66% | no in-house ratios for this holding |
| BX COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.65% | no in-house ratios for this holding |
| BRAVO RESIDENTIAL FUNDING TRUST | UNSCREENED | 0.64% | no in-house ratios for this holding |
| CDX CDX NAHYS46V2 5Y | UNSCREENED | 0.62% | no in-house ratios for this holding |
| European Bank for Reconstruction and Development | UNSCREENED | 0.61% | no in-house ratios for this holding |
| ACA.PA CREDIT AGRICOLE SA | NON_COMPLIANT | 0.61% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EXPE EXPEDIA GROUP, INC. | NON_COMPLIANT | 0.60% | AAOIFI15.9% Usmani19.6% Dow Jones Islamic22.4% S&P Shariah26.0% MSCI Islamic19.6% MSCI Islamic M-Series26.0% FTSE Shariah18.8% |
| C CITIGROUP INC. | NON_COMPLIANT | 0.60% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| IPCO.TO INTERNATIONAL PETROLEUM CORP | COMPLIANT | 0.60% | AAOIFI16.7% Usmani24.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.6% MSCI Islamic M-Seriespass FTSE Shariah24.6% |
| Grupo Aeromexico, S.A.B. de C.V. | UNSCREENED | 0.59% | no in-house ratios for this holding |
| VERUS SECURITIZATION TRUST | UNSCREENED | 0.56% | no in-house ratios for this holding |
| Regions Bank | UNSCREENED | 0.55% | no in-house ratios for this holding |
| AREIT LTD. | UNSCREENED | 0.55% | no in-house ratios for this holding |
| GOLDMAN SACHS BANK USA | UNSCREENED | 0.54% | no in-house ratios for this holding |
| MERRILL LYNCH B V | UNSCREENED | 0.54% | no in-house ratios for this holding |
| UAL UNITED AIRLINES HOLDINGS, INC. | NON_COMPLIANT | 0.52% | AAOIFI93.1% Usmani39.8% Dow Jones Islamic109.0% S&P Shariah132.3% MSCI Islamic39.8% MSCI Islamic M-Series132.3% FTSE Shariah31.3% |
| Pemerintah Republik Indonesia | UNSCREENED | 0.52% | no in-house ratios for this holding |
| MKSI MKS, INCORPORATED. | COMPLIANT | 0.51% | AAOIFI22.4% Usmani44.1% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic44.1% MSCI Islamic M-Series39.9% FTSE Shariah44.1% |
| VERUS SECURITIZATION TRUST | UNSCREENED | 0.51% | no in-house ratios for this holding |
| MIZUHO MARKET CAYMAN LP | UNSCREENED | 0.49% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.49% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.49% | no in-house ratios for this holding |
| Republica de Chile | UNSCREENED | 0.49% | no in-house ratios for this holding |
| GLE.PA SOCIETE GENERALE | NON_COMPLIANT | 0.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JP MORGAN | UNSCREENED | 0.49% | no in-house ratios for this holding |
| HSBA.L HSBC HOLDINGS PLC | NON_COMPLIANT | 0.48% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CITIGROUP GLOBAL MARKETS HOLDINGS INC UNITED STATE | UNSCREENED | 0.48% | no in-house ratios for this holding |
| JEF JEFFERIES FINANCIAL GROUP INC. | NON_COMPLIANT | 0.48% | AAOIFI155.4% Usmani25.1% Dow Jones Islamic171.6% S&P Shariah188.8% MSCI Islamic25.1% MSCI Islamic M-Series188.8% FTSE Shariah25.1% |
| 8316.T Sumitomo Mitsui Financial Group, Inc. | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Republika Srbija | UNSCREENED | 0.47% | no in-house ratios for this holding |
| ION PLATFORM FINANCE US, INC. | UNSCREENED | 0.47% | no in-house ratios for this holding |
| RY ROYAL BANK OF CANADA | COMPLIANT | 0.47% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NRG NRG ENERGY, INC. | NON_COMPLIANT | 0.46% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | UNSCREENED | 0.45% | no in-house ratios for this holding |
| Abra Global Finance | UNSCREENED | 0.45% | no in-house ratios for this holding |
| MERRILL LYNCH BV | UNSCREENED | 0.44% | no in-house ratios for this holding |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.44% | no in-house ratios for this holding |
| CELANESE US HOLDINGS LLC | UNSCREENED | 0.44% | no in-house ratios for this holding |
| Republique de Cote d'Ivoire | UNSCREENED | 0.44% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.43% | no in-house ratios for this holding |
| TD TORONTO DOMINION BANK THE | NON_COMPLIANT | 0.43% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Four Lakes Re Ltd. | UNSCREENED | 0.43% | no in-house ratios for this holding |
| Kilimanjaro II Re Limited | UNSCREENED | 0.43% | no in-house ratios for this holding |
| LONDON BRIDGE 2 PCC LIMITED | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Kilimanjaro II Re Limited | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Estados Unidos Mexicanos | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Baldwin Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Herbie Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| BNP PARIBAS ISSUANCE BV | UNSCREENED | 0.42% | no in-house ratios for this holding |
| BPCE SA | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Merna Re II Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Republica Federativa do Brasil | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Mayflower Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Galileo Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| ORCL ORACLE CORPORATION | NON_COMPLIANT | 0.42% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| Bridge Street Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Blue Ridge Re Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Bonanza Re Ltd | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Foundation Re IV Ltd. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| ALAMO RE LTD. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| CITRUS RE LTD. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| MERNA RE ENTERPRISE LTD | UNSCREENED | 0.42% | no in-house ratios for this holding |
| COMMONWEALTH RE LTD | UNSCREENED | 0.42% | no in-house ratios for this holding |
| MIZUHO MARKETS CAYMAN LP | UNSCREENED | 0.42% | no in-house ratios for this holding |
| GLE.PA SOCIETE GENERALE SA | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CONNECTICUT AVENUE SECURITIES TRUST | UNSCREENED | 0.41% | no in-house ratios for this holding |
| CNO CNO FINANCIAL GROUP, INC. | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST | NON_COMPLIANT | 0.41% | no in-house ratios for this holding |
| RY ROYAL BANK OF CANADA | COMPLIANT | 0.40% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NIPPON LIFE INSURANCE COMPANY | UNSCREENED | 0.40% | no in-house ratios for this holding |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST | UNSCREENED | 0.40% | no in-house ratios for this holding |
| AEGON FUNDING COMPANY LLC | UNSCREENED | 0.40% | no in-house ratios for this holding |
| 2222.SR Saudi Arabian Oil Company | COMPLIANT | 0.39% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| COLUMBIA PIPELINES HOLDING COMPANY LLC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| CM.TO CANADIAN IMPERIAL BANK OF COMMERCE | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SUMMIT MIDSTREAM HOLDINGS, LLC | UNSCREENED | 0.38% | no in-house ratios for this holding |
| UBSG.SW UBS Group AG | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DKL DELEK LOGISTICS PARTNERS, LP | NON_COMPLIANT | 0.38% | AAOIFI73.9% Usmani83.9% Dow Jones Islamic107.3% S&P Shariah120.8% MSCI Islamic82.8% MSCI Islamic M-Series120.8% FTSE Shariah82.7% |
| 1261229 B.C. LTD. | UNSCREENED | 0.38% | no in-house ratios for this holding |
| GOLDMAN SACHS BANK | UNSCREENED | 0.38% | no in-house ratios for this holding |
| TD TORONTO DOMINION BANK THE | NON_COMPLIANT | 0.37% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| META META PLATFORMS, INC. | QUESTIONABLE | 0.37% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| J.P. MORGAN MORTGAGE TRUST | UNSCREENED | 0.36% | no in-house ratios for this holding |
| VEROS AUTO RECEIVABLES TRUST | UNSCREENED | 0.36% | no in-house ratios for this holding |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.35% | no in-house ratios for this holding |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.35% | no in-house ratios for this holding |
| LHOME MORTGAGE TRUST | UNSCREENED | 0.35% | no in-house ratios for this holding |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.35% | no in-house ratios for this holding |
| CONNECTICUT AVENUE SECURITIES TRUST | UNSCREENED | 0.35% | no in-house ratios for this holding |
| MIZUHO MARKETS CAYMAN LP | UNSCREENED | 0.35% | no in-house ratios for this holding |
| CONNECTICUT AVENUE SECURITIES TRUST | UNSCREENED | 0.35% | no in-house ratios for this holding |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST | NON_COMPLIANT | 0.35% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS SA | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.34% | no in-house ratios for this holding |
| INGA.AS ING Groep N.V. | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WELLS FARGO BANK NA | UNSCREENED | 0.34% | no in-house ratios for this holding |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.34% | no in-house ratios for this holding |
| Pemerintah Republik Indonesia | UNSCREENED | 0.34% | no in-house ratios for this holding |
| BBVA.MC Banco Bilbao Vizcaya Argentaria, S.A. | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Borr IHC Limited | UNSCREENED | 0.34% | no in-house ratios for this holding |
| SAN.MC Banco Santander, S.A. | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Borr IHC Limited | UNSCREENED | 0.34% | no in-house ratios for this holding |
| 1128.HK Wynn Macau, Limited | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| ACREC LTD | UNSCREENED | 0.33% | no in-house ratios for this holding |
| MACQUARIE BANK LIMITED | UNSCREENED | 0.33% | no in-house ratios for this holding |
| RESORTS WORLD LAS VEGAS LLC | UNSCREENED | 0.33% | no in-house ratios for this holding |
| GOLDMAN SACHS BANK USA | UNSCREENED | 0.33% | no in-house ratios for this holding |
| Republica de Colombia | UNSCREENED | 0.33% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS SA | NON_COMPLIANT | 0.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PRESTIGE AUTO RECEIVABLES TRUST | UNSCREENED | 0.33% | no in-house ratios for this holding |
| Estados Unidos Mexicanos | UNSCREENED | 0.33% | no in-house ratios for this holding |
| ONEMAIN FINANCE CORP | UNSCREENED | 0.33% | no in-house ratios for this holding |
| AVIANCA MIDCO 2 PLC | UNSCREENED | 0.33% | no in-house ratios for this holding |
| AVIANCA MIDCO 2 PLC | UNSCREENED | 0.32% | no in-house ratios for this holding |
| NOVELIS CORPORATION | UNSCREENED | 0.32% | no in-house ratios for this holding |
| CONNECTICUT AVENUE SECURITIES TRUST | UNSCREENED | 0.32% | no in-house ratios for this holding |
| AKRBP.OL AKER BP ASA | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Gobierno de la Republica Dominicana | UNSCREENED | 0.31% | no in-house ratios for this holding |
| Borr IHC Limited | UNSCREENED | 0.31% | no in-house ratios for this holding |
| MFA TRUST | UNSCREENED | 0.31% | no in-house ratios for this holding |
| MIZUHO MARKETS CAYMAN LP | UNSCREENED | 0.31% | no in-house ratios for this holding |
| BRAVO RESIDENTIAL FUNDING TRUST | UNSCREENED | 0.30% | no in-house ratios for this holding |
| VEROS AUTO RECEIVABLES TRUST | UNSCREENED | 0.30% | no in-house ratios for this holding |
| PRKCM TRUST | UNSCREENED | 0.30% | no in-house ratios for this holding |
| HSBC BANK PLC | UNSCREENED | 0.30% | no in-house ratios for this holding |
| ET ENERGY TRANSFER LP | NON_COMPLIANT | 0.30% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| CELANESE US HOLDINGS LLC | UNSCREENED | 0.30% | no in-house ratios for this holding |
| HILCORP ENERGY I, L.P. | UNSCREENED | 0.29% | no in-house ratios for this holding |
| META META PLATFORMS, INC. | QUESTIONABLE | 0.29% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.28% | no in-house ratios for this holding |
| MF1 LTD | UNSCREENED | 0.28% | no in-house ratios for this holding |
| WINDSTREAM SERVICES LLC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| SYY SYSCO CORPORATION | NON_COMPLIANT | 0.28% | AAOIFI38.2% Usmani54.1% Dow Jones Islamic41.2% S&P Shariah41.9% MSCI Islamic52.7% MSCI Islamic M-Series41.9% FTSE Shariah47.6% |
| ALLY ALLY FINANCIAL INC. | NON_COMPLIANT | 0.27% | AAOIFI128.2% Usmani8.5% Dow Jones Islamic145.1% S&P Shariah153.2% MSCI Islamic8.5% MSCI Islamic M-Series153.2% FTSE Shariah8.5% |
| VERUS SECURITIZATION TRUST | UNSCREENED | 0.27% | no in-house ratios for this holding |
| GLOBAL AIRCRAFT LEASING CO., LTD | UNSCREENED | 0.27% | no in-house ratios for this holding |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD | UNSCREENED | 0.27% | no in-house ratios for this holding |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST | UNSCREENED | 0.27% | no in-house ratios for this holding |
| JANE STREET GROUP, LLC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| DAC DANAOS CORPORATION | NON_COMPLIANT | 0.26% | AAOIFI40.9% Usmani22.6% Dow Jones Islamic64.4% S&P Shariah69.7% MSCI Islamic22.6% MSCI Islamic M-Series69.7% FTSE Shariah22.6% |
| AEP AMERICAN ELECTRIC POWER COMPANY, INC. | NON_COMPLIANT | 0.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BALL BALL CORPORATION | NON_COMPLIANT | 0.26% | AAOIFI44.4% Usmani37.5% Dow Jones Islamic49.3% S&P Shariah46.1% MSCI Islamic37.5% MSCI Islamic M-Series46.1% FTSE Shariah35.7% |
| AVOLON HOLDINGS FUNDING LIMITED | UNSCREENED | 0.26% | no in-house ratios for this holding |
| HOME RE LIMITED | UNSCREENED | 0.25% | no in-house ratios for this holding |
| BELLEMEADE RE LTD. | UNSCREENED | 0.25% | no in-house ratios for this holding |
| AREIT LTD. | UNSCREENED | 0.25% | no in-house ratios for this holding |
| ASG FINANCE DESIGNATED ACTIVITY COMPANY | UNSCREENED | 0.25% | no in-house ratios for this holding |
| MERCHANTS FLEET FUNDING LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| U.S. ACUTE CARE SOLUTIONS, LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| BNP PARIBAS ISSUANCE BV | UNSCREENED | 0.24% | no in-house ratios for this holding |
| NEXSTAR MEDIA INC. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| COLT MORTGAGE LOAN TRUST | UNSCREENED | 0.24% | no in-house ratios for this holding |
| BRSL BRIGHTSTAR LOTTERY PLC | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AEP AMERICAN ELECTRIC POWER COMPANY, INC. | NON_COMPLIANT | 0.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ORCL ORACLE CORPORATION | NON_COMPLIANT | 0.22% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.22% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| A&D MORTGAGE TRUST | UNSCREENED | 0.22% | no in-house ratios for this holding |
| LOANCORE ISSUER LTD | UNSCREENED | 0.22% | no in-house ratios for this holding |
| RCKT MORTGAGE TRUST | UNSCREENED | 0.21% | no in-house ratios for this holding |
| CSC HOLDINGS, LLC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| FREEDOM MORTGAGE HOLDINGS LLC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| PRPM LLC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| NGPL PIPECO LLC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| FS RIALTO ISSUER, LTD. | UNSCREENED | 0.20% | no in-house ratios for this holding |
| PFP LTD | UNSCREENED | 0.20% | no in-house ratios for this holding |
| UNITI SERVICES LLC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| IMPERIAL FUND MORTGAGE TRUST | UNSCREENED | 0.18% | no in-house ratios for this holding |
| ACHM TRUST | UNSCREENED | 0.18% | no in-house ratios for this holding |
| MET METLIFE, INC. | NON_COMPLIANT | 0.18% | AAOIFI47.5% Usmani3.9% Dow Jones Islamic56.2% S&P Shariah58.5% MSCI Islamic3.9% MSCI Islamic M-Series58.5% FTSE Shariah3.9% |
| C CITIGROUP INC. | NON_COMPLIANT | 0.18% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| META META PLATFORMS, INC. | QUESTIONABLE | 0.18% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST | UNSCREENED | 0.18% | no in-house ratios for this holding |
| BHG SECURITIZATION TRUST | UNSCREENED | 0.18% | no in-house ratios for this holding |
| FIGRE TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| FHF TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| ORCL ORACLE CORPORATION | NON_COMPLIANT | 0.17% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| BWAY MORTGAGE TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| MF1 LTD | UNSCREENED | 0.17% | no in-house ratios for this holding |
| VISTA POINT SECURITIZATION TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| SLG OFFICE TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| TRICON RESIDENTIAL TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| LOANCORE ISSUER LTD | UNSCREENED | 0.17% | no in-house ratios for this holding |
| BDS LTD | UNSCREENED | 0.17% | no in-house ratios for this holding |
| PRM5 TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| SMRT COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| VISTA POINT SECURITIZATION TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| VRTX TRUST | UNSCREENED | 0.17% | no in-house ratios for this holding |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.16% | no in-house ratios for this holding |
| HUT 8 DC LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| JPM JPMORGAN CHASE & CO. | NON_COMPLIANT | 0.16% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| UNITI SERVICES LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORPORATION | NON_COMPLIANT | 0.16% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| ANGEL OAK MORTGAGE TRUST | UNSCREENED | 0.16% | no in-house ratios for this holding |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST | UNSCREENED | 0.15% | no in-house ratios for this holding |
| TALEN ENERGY SUPPLY, LLC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| TALEN ENERGY SUPPLY, LLC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| HILCORP ENERGY I, L.P. | UNSCREENED | 0.15% | no in-house ratios for this holding |
| TD THE TORONTO-DOMINION BANK | NON_COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.13% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| United States of America | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| WILDFIRE INTERMEDIATE HOLDINGS, LLC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| AVOLON HOLDINGS FUNDING LIMITED | UNSCREENED | 0.12% | no in-house ratios for this holding |
| EFXT ENERFLEX INC | COMPLIANT | 0.12% | AAOIFI15.5% Usmani21.6% Dow Jones Islamic35.3% S&P Shariah44.5% MSCI Islamic21.6% MSCI Islamic M-Series44.5% FTSE Shariah21.6% |
| PNFP PINNACLE FINANCIAL PARTNERS, INC. | NON_COMPLIANT | 0.12% | AAOIFI16.1% Usmani1.9% Dow Jones Islamic27.2% S&P Shariah30.6% MSCI Islamic1.9% MSCI Islamic M-Series30.6% FTSE Shariah1.9% |
| HYUNDAI CAPITAL AMERICA | UNSCREENED | 0.12% | no in-house ratios for this holding |
| SR Spire Inc. | NON_COMPLIANT | 0.11% | AAOIFI156.5% Usmani52.6% Dow Jones Islamic173.6% S&P Shariah194.4% MSCI Islamic52.6% MSCI Islamic M-Series194.4% FTSE Shariah52.6% |
| BHG SECURITIZATION TRUST | UNSCREENED | 0.11% | no in-house ratios for this holding |
| ORCL ORACLE CORPORATION | NON_COMPLIANT | 0.10% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| HARVEST MIDSTREAM I, L.P. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| South Bow Canadian Infrastructure Holdings Ltd. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| JEF JEFFERIES FINANCIAL GROUP INC. | NON_COMPLIANT | 0.10% | AAOIFI155.4% Usmani25.1% Dow Jones Islamic171.6% S&P Shariah188.8% MSCI Islamic25.1% MSCI Islamic M-Series188.8% FTSE Shariah25.1% |
| MBGL MOBILITY GLOBAL INC. | NON_COMPLIANT | 0.09% | AAOIFI33.1% Usmani15.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic15.4% MSCI Islamic M-Series— FTSE Shariah15.2% |
| Freddie Mac | NON_COMPLIANT | 0.09% | no in-house ratios for this holding |
| FREDDIE MAC STACR REMIC TRUST | NON_COMPLIANT | 0.08% | no in-house ratios for this holding |
| HILCORP ENERGY I, L.P. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| COLUMBIA PIPELINES OPERATING COMPANY LLC | UNSCREENED | 0.07% | no in-house ratios for this holding |
| TRANSCANADA PIPELINES LIMITED | UNSCREENED | 0.07% | no in-house ratios for this holding |
The published standards disagree about this fund by 2 points of portfolio weight — 4.9% of it passes AAOIFI, 2.6% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 4.9% ratios fail on 16.3% 100.6% not rated under AAOIFI
ratios pass on 3.2% ratios fail on 15.8% 102.9% not rated under Usmani
ratios pass on 3.7% ratios fail on 17.4% 100.8% not rated under Dow Jones Islamic
ratios pass on 3.4% ratios fail on 16.8% 101.6% not rated under S&P Shariah
ratios pass on 2.6% ratios fail on 16.4% 102.9% not rated under MSCI Islamic
ratios pass on 2.8% ratios fail on 18.3% 100.8% not rated under MSCI Islamic M-Series
ratios pass on 3.2% ratios fail on 15.8% 102.9% not rated under FTSE Shariah
51 of 274 listed holdings carry our own per-methodology verdicts (21% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 35 (13% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| United States of America | 9.85% |
| Federal National Mortgage Association | 8.21% |
| Federal National Mortgage Association | 4.05% |
| United States of America | 3.01% |
| Federal National Mortgage Association | 2.28% |
| Federal National Mortgage Association | 1.84% |
| United States of America | 1.73% |
| BMO.TO BANK OF MONTREAL | 1.51% |
| ALV.DE Allianz SE | 0.68% |
| ACA.PA CREDIT AGRICOLE SA | 0.61% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Victory Pioneer Active Credit Fund (RCRAX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| United States of Americanot matched to a ticker | 9.85% | Non-compliant |
| Federal National Mortgage Associationnot matched to a ticker | 8.21% | Non-compliant |
| Federal National Mortgage Associationnot matched to a ticker | 4.05% | Non-compliant |
| United States of Americanot matched to a ticker | 3.01% | Non-compliant |
| Federal National Mortgage Associationnot matched to a ticker | 2.28% | Non-compliant |
| Federal National Mortgage Associationnot matched to a ticker | 1.84% | Non-compliant |
| United States of Americanot matched to a ticker | 1.73% | Non-compliant |
| CDX CDX NAHYS46V1 5Ynot matched to a ticker · short | 1.65% | Not screened |
| BMO.TOBANK OF MONTREAL | 1.51% | Non-compliant |
| CHENIERE ENERGY PARTNERS, L.P.not matched to a ticker | 1.50% | Not screened |
Top 10 of 274 holdings, 35.6% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- United States of Americanon-compliant9.85%
- Federal National Mortgage Associationnon-compliant8.21%
- Federal National Mortgage Associationnon-compliant4.05%
- United States of Americanon-compliant3.01%
- Federal National Mortgage Associationnon-compliant2.28%
- Federal National Mortgage Associationnon-compliant1.84%
What changed, and when
Verdict history for RCRAX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for RCRAX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.50 | NEUTRAL |
| Stochastic %K (14) | 25.00 | NEUTRAL |
| CCI (20) | -83.33 | NEUTRAL |
| Williams %R (14) | -75.00 | NEUTRAL |
| MACD (12,26,9) | -0.00 | NEUTRAL |
| ROC (10) | -0.24 | SELL |
| Momentum (10) | -0.02 | SELL |
| EMA (10) | 8.21 | SELL |
| SMA (10) | 8.21 | SELL |
| EMA (20) | 8.22 | SELL |
| SMA (20) | 8.22 | SELL |
| EMA (30) | 8.23 | SELL |
| SMA (30) | 8.22 | SELL |
| EMA (50) | 8.23 | SELL |
| SMA (50) | 8.25 | SELL |
| EMA (100) | 8.22 | SELL |
| SMA (100) | 8.23 | SELL |
| EMA (200) | 8.16 | BUY |
| SMA (200) | 8.17 | BUY |
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.