Victory Growth & Income Fund (Formerly USAA Growth & Income Fund)
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$25.59
$1.81 B
0.43%
$0.11
0.81%
Vitals
YTD Return
9.9%
1 yr return
34.4%
3 Yr Avg Return
10.2%
5 Yr Avg Return
12.5%
Net Assets
$1.81 B
Holdings in Top 10
33.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 62.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$25.59
$1.81 B
0.43%
$0.11
0.81%
USGRX - Profile
Distributions
- YTD Total Return 9.9%
- 3 Yr Annualized Total Return 10.2%
- 5 Yr Annualized Total Return 12.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.63%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVictory Growth & Income Fund (Formerly USAA Growth & Income Fund)
-
Fund Family NameUSAA
-
Inception DateJun 17, 1994
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerD. Scott Tracy
Fund Description
USGRX - Performance
Return Ranking - Trailing
Period | USGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.9% | 0.3% | 17.0% | 30.52% |
1 Yr | 34.4% | 3.7% | 53.6% | 19.25% |
3 Yr | 10.2%* | -10.3% | 30.6% | 39.20% |
5 Yr | 12.5%* | -7.9% | 109.2% | 73.81% |
10 Yr | 10.6%* | 0.4% | 21.0% | 74.67% |
* Annualized
Return Ranking - Calendar
Period | USGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.4% | -42.6% | 47.4% | 8.91% |
2022 | -27.3% | -56.3% | -4.2% | 85.24% |
2021 | 9.2% | -27.2% | 53.7% | 79.14% |
2020 | 16.2% | -36.2% | 2181.7% | 26.48% |
2019 | -2.6% | -22.7% | 40.4% | 99.20% |
Total Return Ranking - Trailing
Period | USGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.9% | 0.3% | 17.0% | 30.52% |
1 Yr | 34.4% | 3.7% | 53.6% | 19.25% |
3 Yr | 10.2%* | -10.3% | 30.6% | 39.20% |
5 Yr | 12.5%* | -7.9% | 109.2% | 73.81% |
10 Yr | 10.6%* | 0.4% | 21.0% | 74.67% |
* Annualized
Total Return Ranking - Calendar
Period | USGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.7% | -5.0% | 47.4% | 18.85% |
2022 | -18.5% | -36.8% | -2.2% | 56.19% |
2021 | 22.7% | 3.0% | 124.3% | 86.61% |
2020 | 17.5% | -15.8% | 2266.0% | 48.90% |
2019 | 21.8% | -0.4% | 241.3% | 96.20% |
NAV & Total Return History
USGRX - Holdings
Concentration Analysis
USGRX | Category Low | Category High | USGRX % Rank | |
---|---|---|---|---|
Net Assets | 1.81 B | 2.59 M | 1.55 T | 42.69% |
Number of Holdings | 180 | 1 | 4053 | 38.39% |
Net Assets in Top 10 | 530 M | 885 K | 387 B | 45.27% |
Weighting of Top 10 | 33.14% | 0.3% | 112.0% | 52.35% |
Top 10 Holdings
- MICROSOFT CORP 7.13%
- APPLE INC 6.63%
- NVIDIA CORP 3.43%
- ALPHABET INC CLASS C 2.80%
- VISA INC CLASS A 2.57%
- AMAZON COM INC 2.45%
- META PLATFORMS INC 2.42%
- ELI LILLY CO 2.37%
- TESLA INC 1.68%
- UNITEDHEALTH GROUP INC 1.67%
Asset Allocation
Weighting | Return Low | Return High | USGRX % Rank | |
---|---|---|---|---|
Stocks | 99.00% | 0.00% | 124.03% | 44.18% |
Cash | 1.00% | 0.00% | 99.06% | 52.85% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 35.34% |
Other | 0.00% | -13.91% | 100.00% | 52.38% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 31.76% |
Bonds | 0.00% | -0.50% | 94.15% | 36.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | USGRX % Rank | |
---|---|---|---|---|
Technology | 27.07% | 0.00% | 48.94% | 13.52% |
Healthcare | 13.96% | 0.00% | 60.70% | 65.23% |
Financial Services | 12.45% | 0.00% | 55.59% | 75.02% |
Consumer Cyclical | 12.29% | 0.00% | 30.33% | 16.79% |
Communication Services | 8.67% | 0.00% | 27.94% | 42.80% |
Industrials | 8.45% | 0.00% | 29.90% | 59.67% |
Consumer Defense | 6.34% | 0.00% | 47.71% | 65.47% |
Real Estate | 3.35% | 0.00% | 31.91% | 26.73% |
Energy | 2.84% | 0.00% | 41.64% | 71.76% |
Utilities | 2.79% | 0.00% | 20.91% | 44.63% |
Basic Materials | 1.78% | 0.00% | 25.70% | 81.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | USGRX % Rank | |
---|---|---|---|---|
US | 99.00% | 0.00% | 124.03% | 35.03% |
Non US | 0.00% | 0.00% | 62.81% | 47.62% |
USGRX - Expenses
Operational Fees
USGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.81% | 0.01% | 16.07% | 50.35% |
Management Fee | 0.56% | 0.00% | 1.89% | 59.23% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | 71.25% |
Sales Fees
USGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
USGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
USGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 62.00% | 0.00% | 496.00% | 81.60% |
USGRX - Distributions
Dividend Yield Analysis
USGRX | Category Low | Category High | USGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.43% | 0.00% | 25.10% | 66.61% |
Dividend Distribution Analysis
USGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Semi-Annually |
Net Income Ratio Analysis
USGRX | Category Low | Category High | USGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.63% | -54.00% | 6.06% | 52.99% |
Capital Gain Distribution Analysis
USGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.091 | OrdinaryDividend |
Dec 22, 2023 | $0.027 | OrdinaryDividend |
Sep 19, 2023 | $0.047 | OrdinaryDividend |
Jun 22, 2023 | $0.056 | OrdinaryDividend |
Mar 22, 2023 | $0.087 | OrdinaryDividend |
Dec 22, 2022 | $0.025 | OrdinaryDividend |
Sep 20, 2022 | $0.050 | OrdinaryDividend |
Jun 23, 2022 | $0.065 | OrdinaryDividend |
Mar 23, 2022 | $0.046 | OrdinaryDividend |
Dec 23, 2021 | $0.068 | OrdinaryDividend |
Sep 21, 2021 | $0.039 | OrdinaryDividend |
Jun 23, 2021 | $0.029 | OrdinaryDividend |
Mar 23, 2021 | $0.061 | OrdinaryDividend |
Dec 23, 2020 | $0.017 | OrdinaryDividend |
Sep 24, 2020 | $0.070 | OrdinaryDividend |
Jun 25, 2020 | $0.050 | OrdinaryDividend |
Mar 26, 2020 | $0.059 | OrdinaryDividend |
Dec 24, 2019 | $0.021 | OrdinaryDividend |
Dec 18, 2019 | $4.734 | OrdinaryDividend |
Sep 27, 2019 | $0.097 | OrdinaryDividend |
Jun 27, 2019 | $0.057 | OrdinaryDividend |
Mar 28, 2019 | $0.056 | OrdinaryDividend |
Dec 17, 2018 | $0.076 | OrdinaryDividend |
Sep 27, 2018 | $0.046 | OrdinaryDividend |
Jun 28, 2018 | $0.036 | OrdinaryDividend |
Mar 29, 2018 | $0.042 | OrdinaryDividend |
Dec 15, 2017 | $0.060 | OrdinaryDividend |
Sep 28, 2017 | $0.043 | OrdinaryDividend |
Jun 29, 2017 | $0.044 | OrdinaryDividend |
Mar 30, 2017 | $0.037 | OrdinaryDividend |
Dec 14, 2016 | $0.092 | OrdinaryDividend |
Sep 29, 2016 | $0.047 | OrdinaryDividend |
Mar 30, 2016 | $0.065 | OrdinaryDividend |
Sep 29, 2015 | $0.035 | OrdinaryDividend |
Jun 29, 2015 | $0.044 | OrdinaryDividend |
Mar 30, 2015 | $0.048 | OrdinaryDividend |
Dec 30, 2014 | $0.033 | OrdinaryDividend |
Sep 29, 2014 | $0.051 | OrdinaryDividend |
Jun 27, 2014 | $0.045 | OrdinaryDividend |
Mar 28, 2014 | $0.091 | OrdinaryDividend |
Dec 30, 2013 | $0.041 | OrdinaryDividend |
Sep 27, 2013 | $0.035 | OrdinaryDividend |
Jun 27, 2013 | $0.044 | OrdinaryDividend |
Mar 28, 2013 | $0.038 | OrdinaryDividend |
Dec 28, 2012 | $0.060 | OrdinaryDividend |
Sep 27, 2012 | $0.034 | OrdinaryDividend |
Jun 28, 2012 | $0.039 | OrdinaryDividend |
Mar 29, 2012 | $0.029 | OrdinaryDividend |
Dec 29, 2011 | $0.042 | OrdinaryDividend |
Sep 29, 2011 | $0.030 | OrdinaryDividend |
Jun 29, 2011 | $0.028 | OrdinaryDividend |
Mar 30, 2011 | $0.021 | OrdinaryDividend |
Dec 30, 2010 | $0.032 | OrdinaryDividend |
Sep 29, 2010 | $0.023 | OrdinaryDividend |
Jun 29, 2010 | $0.022 | OrdinaryDividend |
Mar 30, 2010 | $0.014 | OrdinaryDividend |
Dec 30, 2009 | $0.025 | OrdinaryDividend |
Sep 29, 2009 | $0.015 | OrdinaryDividend |
Jun 29, 2009 | $0.015 | OrdinaryDividend |
Mar 30, 2009 | $0.027 | OrdinaryDividend |
Dec 30, 2008 | $0.038 | OrdinaryDividend |
Sep 29, 2008 | $0.030 | OrdinaryDividend |
Jun 27, 2008 | $0.032 | OrdinaryDividend |
Dec 28, 2007 | $0.080 | OrdinaryDividend |
Dec 28, 2006 | $0.097 | OrdinaryDividend |
Sep 28, 2006 | $0.031 | OrdinaryDividend |
Jun 29, 2006 | $0.042 | OrdinaryDividend |
Mar 30, 2006 | $0.025 | OrdinaryDividend |
Dec 29, 2005 | $0.021 | OrdinaryDividend |
Sep 29, 2005 | $0.016 | OrdinaryDividend |
Jun 29, 2005 | $0.018 | OrdinaryDividend |
Mar 30, 2005 | $0.016 | OrdinaryDividend |
Dec 30, 2004 | $0.079 | OrdinaryDividend |
Sep 29, 2004 | $0.014 | OrdinaryDividend |
Jun 29, 2004 | $0.006 | OrdinaryDividend |
Mar 30, 2004 | $0.008 | OrdinaryDividend |
Dec 30, 2003 | $0.016 | OrdinaryDividend |
Sep 29, 2003 | $0.017 | OrdinaryDividend |
Jun 27, 2003 | $0.009 | OrdinaryDividend |
Mar 28, 2003 | $0.014 | OrdinaryDividend |
Dec 30, 2002 | $0.015 | OrdinaryDividend |
Sep 27, 2002 | $0.010 | OrdinaryDividend |
Jun 27, 2002 | $0.020 | OrdinaryDividend |
Mar 27, 2002 | $0.021 | OrdinaryDividend |
Dec 28, 2001 | $0.027 | OrdinaryDividend |
Sep 27, 2001 | $0.035 | OrdinaryDividend |
Jun 28, 2001 | $0.035 | OrdinaryDividend |
Mar 29, 2001 | $0.038 | OrdinaryDividend |
Dec 28, 2000 | $0.049 | OrdinaryDividend |
Sep 28, 2000 | $0.039 | OrdinaryDividend |
Jun 30, 2000 | $0.039 | OrdinaryDividend |
Mar 31, 2000 | $0.040 | OrdinaryDividend |
Dec 31, 1999 | $0.038 | OrdinaryDividend |
Sep 30, 1999 | $0.038 | OrdinaryDividend |
Jun 30, 1999 | $0.035 | OrdinaryDividend |
Mar 31, 1999 | $0.035 | OrdinaryDividend |
Dec 31, 1998 | $0.041 | OrdinaryDividend |
Sep 30, 1998 | $0.048 | OrdinaryDividend |
Jun 30, 1998 | $0.046 | OrdinaryDividend |
Dec 30, 1997 | $0.045 | OrdinaryDividend |
Sep 30, 1997 | $0.060 | OrdinaryDividend |
Jun 30, 1997 | $0.060 | OrdinaryDividend |
Mar 31, 1997 | $0.060 | OrdinaryDividend |
Dec 30, 1996 | $0.060 | OrdinaryDividend |
Jun 30, 1995 | $0.050 | OrdinaryDividend |
Mar 31, 1995 | $0.060 | OrdinaryDividend |
Nov 15, 1994 | $0.040 | OrdinaryDividend |
Sep 30, 1994 | $0.050 | OrdinaryDividend |
Jun 30, 1994 | $0.050 | OrdinaryDividend |
Mar 31, 1994 | $0.050 | OrdinaryDividend |
Dec 30, 1993 | $0.050 | OrdinaryDividend |
Nov 09, 1993 | $0.020 | OrdinaryDividend |
Oct 05, 1993 | $0.030 | OrdinaryDividend |
USGRX - Fund Manager Analysis
Managers
D. Scott Tracy
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Tracy joined RS Investments and has been a member of the RS Growth Team since 2001. Prior to joining RS Investments in 2001, he spent three years at Shoreline Investment Management, the in house asset management arm of Hewlett-Packard. He has also served as an equity analyst at Montgomery Securities. Mr. Tracy holds a B.A. in history from Trinity College and an M.B.A. from the University of California at Berkeley. He is also a Chartered Financial Analyst.
Paul Leung
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Paul Leung joined Victory Capital in 2016 in connection with Victory Capital’s acquisition of RS Investments. Prior to joining Victory Capital, Mr. Leung was a member of the RS Growth Team, as an analyst, since 2012. Prior to joining RS Investments in 2012, he worked as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management, from 2002 to 2010, and Citigroup, from 1999 to 2001. Mr. Leung is a CFA Charterholder. Paul earned his bachelor’s degree in economics and business management from Cornell University.
Melissa Chadwick-Dunn
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Melissa Chadwick-Dunn is an analyst in the RS Growth Group and a principal at RS Investments. Before joining the firm in 2001, she was an equity analyst at Putnam Investments for two years, covering international small-cap stocks. Prior to that, she spent four years in investment banking, working on corporate finance and mergers-and-acquisition transactions for Lehman Brothers and McDaniels S.A. Melissa holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an M.B.A. from the Wharton School of Business.
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.
Christopher Clark
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Christopher W. Clark has been a co-portfolio manager of the Victory RS Investments Custom Growth Strategy (formerly, the RS Investments Custom Growth Strategy) of the Fund since September 2015. He has worked in investment management since 2001, has been with RS Investments since 2007, has managed investment portfolios since 2014, and has been with Victory Capital since 2016. Before joining RS Investments, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that, he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a B.A. in economics from the University of Virginia. Chris is a CFA Charterholder.
Stephen Bishop
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Stephen J. Bishop is a co-portfolio manager and analyst on the RS Growth Team. Mr. Bishop has been with Victory Capital since 2016, when Victory Capital acquired RS Investments. Mr. Bishop has been a co-portfolio manager on the RS Growth Team since 2007. He joined RS Investment Management Co. LLC in 1996 as a research analyst primarily covering the technology sector, which remains his area of focus today. Prior to joining RS, he worked as an analyst in the corporate finance department of Dean Witter Reynolds, Inc., for two years. Steve holds a B.A. in economics from the University of Notre Dame and an M.B.A. from Harvard Business School.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.21 | 2.42 |