Victory Growth Fund (Formerly USAA Growth Fund)
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
37.7%
1 yr return
49.3%
3 Yr Avg Return
11.6%
5 Yr Avg Return
17.7%
Net Assets
$2.53 B
Holdings in Top 10
52.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 40.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
UIGRX - Profile
Distributions
- YTD Total Return 37.7%
- 3 Yr Annualized Total Return 11.6%
- 5 Yr Annualized Total Return 17.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.36%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Growth Fund (Formerly USAA Growth Fund)
-
Fund Family NameVictory Portfolios III
-
Inception DateOct 27, 2011
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAziz Hamzaogullari
Fund Description
UIGRX - Performance
Return Ranking - Trailing
Period | UIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 37.7% | -37.8% | 56.1% | 24.55% |
1 Yr | 49.3% | -36.3% | 134.4% | 7.73% |
3 Yr | 11.6%* | -21.2% | 35.4% | 15.51% |
5 Yr | 17.7%* | -12.8% | 32.8% | 32.98% |
10 Yr | 14.8%* | -3.9% | 21.1% | 39.31% |
* Annualized
Return Ranking - Calendar
Period | UIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 39.0% | -74.1% | 72.4% | 29.74% |
2022 | -36.6% | -85.9% | 4.7% | 63.39% |
2021 | 6.0% | -52.4% | 60.5% | 58.09% |
2020 | 31.3% | -34.3% | 145.0% | 33.07% |
2019 | 0.9% | -6.9% | 49.4% | 99.29% |
Total Return Ranking - Trailing
Period | UIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 37.7% | -37.8% | 56.1% | 24.55% |
1 Yr | 49.3% | -36.3% | 134.4% | 7.73% |
3 Yr | 11.6%* | -21.2% | 35.4% | 15.51% |
5 Yr | 17.7%* | -12.8% | 32.8% | 32.98% |
10 Yr | 14.8%* | -3.9% | 21.1% | 39.31% |
* Annualized
Total Return Ranking - Calendar
Period | UIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 48.3% | -4.6% | 72.4% | 11.22% |
2022 | -32.5% | -61.7% | 5.6% | 64.87% |
2021 | 17.3% | -39.8% | 118.1% | 73.53% |
2020 | 37.0% | 2.8% | 149.2% | 41.32% |
2019 | 27.7% | -5.2% | 49.4% | 89.40% |
NAV & Total Return History
UIGRX - Holdings
Concentration Analysis
UIGRX | Category Low | Category High | UIGRX % Rank | |
---|---|---|---|---|
Net Assets | 2.53 B | 296 K | 287 B | 39.08% |
Number of Holdings | 74 | 2 | 3061 | 37.21% |
Net Assets in Top 10 | 1.35 B | 126 K | 150 B | 40.83% |
Weighting of Top 10 | 52.93% | 0.7% | 205.0% | 52.23% |
Top 10 Holdings
- NVIDIA CORP 10.31%
- MICROSOFT CORP 8.41%
- APPLE INC 5.76%
- AMAZON COM INC 5.55%
- META PLATFORMS INC 5.27%
- VISA INC CLASS A 3.98%
- ALPHABET INC CLASS C 3.94%
- NETFLIX INC 3.48%
- TESLA INC 3.38%
- ORACLE CORP 2.83%
Asset Allocation
Weighting | Return Low | Return High | UIGRX % Rank | |
---|---|---|---|---|
Stocks | 96.29% | 0.00% | 123.52% | 88.38% |
Cash | 1.13% | 0.00% | 173.52% | 48.55% |
Preferred Stocks | 0.00% | 0.00% | 8.45% | 92.83% |
Other | 0.00% | -36.56% | 50.35% | 91.47% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 92.36% |
Bonds | 0.00% | 0.00% | 102.71% | 92.56% |
Stock Sector Breakdown
Weighting | Return Low | Return High | UIGRX % Rank | |
---|---|---|---|---|
Technology | 36.92% | 0.00% | 65.70% | 46.00% |
Consumer Cyclical | 19.27% | 0.00% | 62.57% | 22.00% |
Healthcare | 13.23% | 0.00% | 39.76% | 42.36% |
Communication Services | 13.00% | 0.00% | 66.40% | 22.91% |
Financial Services | 9.61% | 0.00% | 43.06% | 46.00% |
Industrials | 4.81% | 0.00% | 30.65% | 62.91% |
Consumer Defense | 1.56% | 0.00% | 25.50% | 78.18% |
Real Estate | 1.22% | 0.00% | 16.05% | 47.18% |
Energy | 0.28% | 0.00% | 41.09% | 53.36% |
Basic Materials | 0.10% | 0.00% | 18.91% | 74.18% |
Utilities | 0.00% | 0.00% | 16.07% | 94.36% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | UIGRX % Rank | |
---|---|---|---|---|
US | 96.29% | 0.00% | 123.52% | 74.05% |
Non US | 0.00% | 0.00% | 75.46% | 94.37% |
UIGRX - Expenses
Operational Fees
UIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.01% | 28.71% | 56.19% |
Management Fee | 0.65% | 0.00% | 1.50% | 64.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 59.35% |
Sales Fees
UIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
UIGRX 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.
UIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 0.00% | 316.74% | 59.20% |
UIGRX - Distributions
Dividend Yield Analysis
UIGRX | Category Low | Category High | UIGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.58% | 96.46% |
Dividend Distribution Analysis
UIGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
UIGRX | Category Low | Category High | UIGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.36% | -6.13% | 3.48% | 54.64% |
Capital Gain Distribution Analysis
UIGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $2.088 | CapitalGainLongTerm |
Dec 14, 2022 | $1.604 | CapitalGainLongTerm |
Dec 16, 2021 | $3.751 | OrdinaryDividend |
Dec 16, 2020 | $1.480 | OrdinaryDividend |
Dec 23, 2019 | $0.082 | OrdinaryDividend |
Dec 17, 2019 | $0.313 | CapitalGainShortTerm |
Dec 17, 2019 | $6.424 | CapitalGainLongTerm |
Dec 14, 2018 | $0.097 | OrdinaryDividend |
Dec 10, 2018 | $0.152 | CapitalGainShortTerm |
Dec 10, 2018 | $3.284 | CapitalGainLongTerm |
Dec 14, 2017 | $0.076 | OrdinaryDividend |
Dec 08, 2017 | $0.091 | CapitalGainShortTerm |
Dec 08, 2017 | $0.609 | CapitalGainLongTerm |
Dec 13, 2016 | $0.076 | OrdinaryDividend |
Dec 08, 2016 | $0.074 | CapitalGainShortTerm |
Dec 08, 2016 | $1.157 | CapitalGainLongTerm |
Dec 08, 2015 | $0.092 | CapitalGainShortTerm |
Dec 08, 2015 | $1.466 | CapitalGainLongTerm |
Dec 16, 2014 | $0.289 | OrdinaryDividend |
Dec 08, 2014 | $0.048 | CapitalGainShortTerm |
Dec 08, 2014 | $1.389 | CapitalGainLongTerm |
Dec 17, 2013 | $0.171 | OrdinaryDividend |
Dec 18, 2012 | $0.106 | OrdinaryDividend |
Dec 19, 2011 | $0.063 | OrdinaryDividend |
Dec 20, 2010 | $0.013 | OrdinaryDividend |
UIGRX - Fund Manager Analysis
Managers
Aziz Hamzaogullari
Start Date
Tenure
Tenure Rank
Jun 04, 2010
12.0
12.0%
Aziz Hamzaogullari is the chief investment officer and founder of the Growth Equity Strategies Team at Loomis, Sayles & Company. He is the portfolio manager of the Loomis Sayles large cap, global and all cap growth strategies, including the Loomis Sayles Growth and Global Growth mutual funds and products outside the US. Aziz is also an executive vice president and a member of the firm’s Board of Directors. He joined Loomis Sayles in 2010 from Evergreen Investments where he was a senior portfolio manager and managing director. Aziz joined Evergreen in 2001, was promoted to director of research in 2003 and portfolio manager in 2006. He was head of Evergreen’s Berkeley Street Growth Equity team and was the founder of the research and investment process. Prior to Evergreen, Aziz was a senior equity analyst and portfolio manager at Manning & Napier Advisors. He has 26 years of investment industry experience. Aziz earned a BS from Bilkent University, Turkey, and an MBA from George Washington University. He is also a member of CFA Society Boston.
Michael Koskuba
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Koskuba is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 5 years prior investment experience. Prior to joining Victory, he was a Portfolio Manager/ Analyst in the Campbell, Cowperthwait division of U.S. Trust Company. Mr. Koskuba is frequently asked by the financial press for his outlook on the equity markets and on specific securities. He has appeared in a variety of publications and media outlets including: Bloomberg Television, Bloomberg Radio, Bloomberg News, CNBC, Dow Jones, Reuters, Market Watch, The Wall Street Journal and others. Mr. Koskuba holds a Bachelor of Arts in International Studies from Muhlenberg College and a Master of Business Administration in Finance from Fordham University.
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.
Jason Dahl
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Dahl is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 9 years prior investment experience. Prior to joining Victory, he was a Portfolio Manager/ Analyst in the Campbell, Cowperthwait division of U.S. Trust Company. Mr. Dahl holds a Bachelor of Science in Economics from SUNY College at New Paltz and a Master of Business Administration from Pace University. Additionally, he is a CFA charterholder.
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.
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.
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.
Scott Kefer
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Kefer is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 6 years prior investment experience. Prior to joining Victory, he held a similar position in the Campbell, Cowperthwait division of U.S Trust Company. Mr. Kefer holds a Bachelor of Science in Business Management from Skidmore College and is a CFA charterholder.
Erick Maronak
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Maronak is the CIO of NewBridge and Lead Portfolio Manager of Victory's Large Cap Growth Equity strategy. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 10 years prior investment experience. Prior to joining Victory, he was a Portfolio Manager and the Director of Research in the Campbell, Cowperthwait division of U.S. Trust Company. Mr. Maronak holds a Bachelor of Science in Economics from City University of New York and a Master of Business Administration from St. John's University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.25 | 3.08 |