Trae Willoughby is Head of Fixed Income Research for Victory Income Investors, which was formerly known as USAA Investments, a Victory Capital Investment Franchise, and was acquired by Victory Capital in July 2019. Mr. Willoughby began his investment career in 1996 when he joined USAA. Previously, Trae was a senior financial analyst with KPMG. Mr. Willoughby holds a B.B.A. in accounting from Baylor University. He is a certified public accountant and CFA^® charterholder.