I don't own a Victory so I'm not familiar with it. However, I have a Beretta Neos .22lr pistol that will not reliably cycle soft lead .22lr shells. At first It wouldn't cycle them at all. So I started using copper plated bullets and all was good with it. No more malfunctions with them. After a few hundred rounds with the plated bullets it got broken in enough to sort of be reliable with lead bullets. Try some plated bullets in it for awhile to see if things improve. If not I'd say it needs a trip to the gunsmith.