Victory Sophus Emerging Markets Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.6%
1 yr return
14.6%
3 Yr Avg Return
-6.0%
5 Yr Avg Return
3.1%
Net Assets
$376 M
Holdings in Top 10
34.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 85.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RSERX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return -6.0%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.17%
- Dividend Yield 2.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVictory Sophus Emerging Markets Fund
-
Fund Family NameVictory Portfolios
-
Inception DateNov 15, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Reynal
Fund Description
RSERX - Performance
Return Ranking - Trailing
Period | RSERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | -6.1% | 14.4% | 24.53% |
1 Yr | 14.6% | -6.1% | 41.9% | 37.20% |
3 Yr | -6.0%* | -22.7% | 9.1% | 55.95% |
5 Yr | 3.1%* | -7.2% | 11.5% | 45.41% |
10 Yr | N/A* | -2.3% | 6.8% | 58.35% |
* Annualized
Return Ranking - Calendar
Period | RSERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.5% | -6.5% | 35.5% | 50.88% |
2022 | -24.6% | -50.1% | -2.4% | 54.38% |
2021 | -8.0% | -33.1% | 22.5% | 64.32% |
2020 | 15.8% | -22.1% | 80.1% | 52.53% |
2019 | 22.6% | -0.7% | 42.0% | 25.36% |
Total Return Ranking - Trailing
Period | RSERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | -6.1% | 14.4% | 24.53% |
1 Yr | 14.6% | -6.1% | 41.9% | 37.20% |
3 Yr | -6.0%* | -22.7% | 9.1% | 55.95% |
5 Yr | 3.1%* | -7.2% | 11.5% | 45.41% |
10 Yr | N/A* | -2.3% | 6.8% | 57.37% |
* Annualized
Total Return Ranking - Calendar
Period | RSERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -2.7% | 42.0% | 45.21% |
2022 | -22.1% | -42.2% | 1.9% | 43.39% |
2021 | -3.9% | -32.5% | 33.1% | 68.43% |
2020 | 17.3% | -20.0% | 81.6% | 54.07% |
2019 | 23.5% | 2.3% | 42.0% | 32.06% |
NAV & Total Return History
RSERX - Holdings
Concentration Analysis
RSERX | Category Low | Category High | RSERX % Rank | |
---|---|---|---|---|
Net Assets | 376 M | 653 K | 96.1 B | 53.87% |
Number of Holdings | 110 | 10 | 6829 | 44.53% |
Net Assets in Top 10 | 130 M | 299 K | 17.9 B | 50.80% |
Weighting of Top 10 | 34.11% | 2.9% | 122.2% | 48.06% |
Top 10 Holdings
- TAIWAN SEMICONDUCTOR MANUFACTU 8.37%
- SAMSUNG ELECTRONICS CO LTD 5.91%
- TENCENT HOLDINGS LTD 4.65%
- ALIBABA GROUP HOLDING LTD 3.44%
- ICICI BANK LTD 2.91%
- PDD HOLDINGS INC 2.33%
- GRUPO FINANCIERO BANORTE SAB DE CV 1.77%
- PETROLEO BRASILEIRO S A ADR 1.65%
- INDUSTRIAL COMMERCIAL BANK OF CHINA LTD 1.56%
- PT BANK MANDIRI PERSERO TBK 1.52%
Asset Allocation
Weighting | Return Low | Return High | RSERX % Rank | |
---|---|---|---|---|
Stocks | 84.29% | 0.00% | 103.65% | 96.27% |
Cash | 0.85% | -2.03% | 20.51% | 70.13% |
Preferred Stocks | 0.00% | 0.00% | 10.17% | 74.00% |
Other | 0.00% | -1.64% | 50.31% | 49.87% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 35.03% |
Bonds | 0.00% | 0.00% | 94.30% | 43.73% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RSERX % Rank | |
---|---|---|---|---|
Technology | 24.33% | 0.00% | 47.50% | 37.65% |
Financial Services | 23.05% | 0.00% | 48.86% | 37.92% |
Consumer Cyclical | 11.37% | 0.00% | 48.94% | 55.74% |
Basic Materials | 10.24% | 0.00% | 30.03% | 26.18% |
Communication Services | 8.99% | 0.00% | 39.29% | 49.12% |
Industrials | 5.94% | 0.00% | 43.53% | 51.55% |
Consumer Defense | 4.78% | 0.00% | 25.90% | 75.44% |
Healthcare | 4.10% | 0.00% | 16.53% | 42.24% |
Energy | 4.03% | 0.00% | 24.80% | 52.77% |
Real Estate | 2.27% | 0.00% | 17.15% | 31.04% |
Utilities | 0.89% | 0.00% | 39.12% | 59.78% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RSERX % Rank | |
---|---|---|---|---|
Non US | 83.73% | 0.00% | 100.18% | 54.00% |
US | 0.56% | 0.00% | 101.58% | 94.53% |
RSERX - Expenses
Operational Fees
RSERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.19% | 0.03% | 24.48% | 61.18% |
Management Fee | 1.00% | 0.00% | 2.00% | 76.90% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.12% |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
RSERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
RSERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RSERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 85.00% | 0.00% | 189.00% | 82.35% |
RSERX - Distributions
Dividend Yield Analysis
RSERX | Category Low | Category High | RSERX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.55% | 0.00% | 9.88% | 32.40% |
Dividend Distribution Analysis
RSERX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
RSERX | Category Low | Category High | RSERX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.17% | -1.98% | 17.62% | 36.10% |
Capital Gain Distribution Analysis
RSERX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.502 | OrdinaryDividend |
Dec 22, 2022 | $0.592 | OrdinaryDividend |
Dec 23, 2021 | $0.347 | OrdinaryDividend |
Dec 23, 2020 | $0.301 | OrdinaryDividend |
Dec 24, 2019 | $0.171 | OrdinaryDividend |
Dec 27, 2018 | $0.211 | OrdinaryDividend |
Dec 27, 2017 | $0.259 | OrdinaryDividend |
Dec 29, 2016 | $0.038 | OrdinaryDividend |
RSERX - Fund Manager Analysis
Managers
Michael Reynal
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Michael Reynal is Chief Investment Officer of Sophus Capital and a portfolio manager of Emerging Markets and Emerging Markets Small Cap mandates. Mr. Reynal began his investment career in 1991 managing equity investments in Latin America, the Mediterranean, the Balkans and other regions. Most recently he was a portfolio manager for Principal Global Investors, where he led the emerging markets team. He also oversaw diversified emerging markets portfolios and specialized regional Asian equity strategies.
Maria Freund
Start Date
Tenure
Tenure Rank
Jun 29, 2018
3.92
3.9%
Maria Freund is a portfolio manager of Sophus. Ms. Freund joined Victory Capital in 2016 in connection with Victory Capital’s acquisition of RS Investments.Maria Freund has been a portfolio manager since 2015. At RS Investments she was an emerging markets analyst. Prior to joining RS Investments in 2012, she was an analyst at Principal Global Investors for the emerging markets team. Previously, she was an analyst at Principal Global Investors for the international developed team, having joined the firm in 2003. Maria holds a B.A. in finance and international business from Loras College, and an M.B.A from the Tippie College of Business at the University of Iowa. Maria is a CFA Charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.53 | 13.42 |