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Trending ETFs

Victory Trivalent International Fund - Core Equity

mutual fund
MAIRX
Payout Change
Pending
Price as of:
$8.72 -0.07 -0.8%
primary theme
International Large-Cap Blend Equity
share class
I (MICIX) A (MAICX) R6 (MAIRX) Y (MICYX)
MAIRX (Mutual Fund)

Victory Trivalent International Fund - Core Equity

Payout Change
Pending
Price as of:
$8.72 -0.07 -0.8%
primary theme
International Large-Cap Blend Equity
share class
I (MICIX) A (MAICX) R6 (MAIRX) Y (MICYX)
MAIRX (Mutual Fund)

Victory Trivalent International Fund - Core Equity

Payout Change
Pending
Price as of:
$8.72 -0.07 -0.8%
primary theme
International Large-Cap Blend Equity
share class
I (MICIX) A (MAICX) R6 (MAIRX) Y (MICYX)

Name

As of 10/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Victory Trivalent International Fund - Core Equity

MAIRX | Fund

$8.72

$211 M

3.33%

$0.29

0.98%

Vitals

YTD Return

14.3%

1 yr return

28.1%

3 Yr Avg Return

5.8%

5 Yr Avg Return

7.9%

Net Assets

$211 M

Holdings in Top 10

14.2%

52 WEEK LOW AND HIGH

$8.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.98%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Victory Trivalent International Fund - Core Equity

MAIRX | Fund

$8.72

$211 M

3.33%

$0.29

0.98%

MAIRX - Profile

Distributions

  • YTD Total Return 14.3%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.75%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Victory Trivalent International Fund - Core Equity
  • Fund Family Name
    Victory Portfolios
  • Inception Date
    Mar 04, 2015
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Sullivan

Fund Description

The Adviser pursues the Fund's investment objective by investing primarily in securities of companies in countries represented in the MSCI ACWI ex USA Index (“Index”), but also may invest in companies from other countries. Under normal circumstances, at least 80% of the Fund's assets will be invested in equity securities.The Adviser employs a bottom-up investment approach that emphasizes individual stock selection.The Adviser's investment process uses a combination of quantitative and traditional qualitative, fundamental analysis to identify attractive stocks with low relative price multiples, positive trendsin earnings forecasts, high profitability, and companies with a strong or positively trending environmental, social, and governance (“ESG”) profile. The stock selection process is designedto produce a diversified portfolio that, relative to the Index, tends to have a below-average price-to-earnings ratio, above-average earnings growth trend, and above-average return on invested capital. ESG investing considerations are not a primary or exclusive factor, but rather an additional inclusive consideration to the Adviser's process.The Fund's investment allocation to countries and sectors tends to approximate the country and sector allocations of the Index, which may focus its exposure in one or more countries, regions, or sectors. The Index captures large- and mid-cap representation across 22 of 23 developed markets countries (excluding the United States) and 24 emerging markets countries. The Index covers approximately 85% of the global equity opportunity set outside the United States. The Fund normally invests in a minimum of 10 countries.There is no limit on the market capitalization in which the Fund may invest; therefore, the Fund's investments may include small-, mid-, and large-capitalization companies.
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MAIRX - Performance

Return Ranking - Trailing

Period MAIRX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -0.2% 37.9% 9.71%
1 Yr 28.1% -1.8% 50.4% 17.87%
3 Yr 5.8%* -15.5% 50.0% 18.60%
5 Yr 7.9%* -34.2% 76.8% 48.07%
10 Yr N/A* 1.0% 32.7% 18.48%

* Annualized

Return Ranking - Calendar

Period MAIRX Return Category Return Low Category Return High Rank in Category (%)
2023 15.1% -1.4% 22.0% 26.77%
2022 -19.4% -43.6% 71.3% 71.47%
2021 6.5% -28.5% 18.9% 36.52%
2020 4.3% -90.1% 992.1% 87.21%
2019 21.7% -1.9% 38.8% 28.30%

Total Return Ranking - Trailing

Period MAIRX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -0.2% 37.9% 9.71%
1 Yr 28.1% -1.8% 50.4% 17.87%
3 Yr 5.8%* -15.5% 50.0% 18.60%
5 Yr 7.9%* -34.2% 76.8% 48.07%
10 Yr N/A* 1.0% 32.7% 17.64%

* Annualized

Total Return Ranking - Calendar

Period MAIRX Return Category Return Low Category Return High Rank in Category (%)
2023 19.6% 3.2% 23.8% 10.92%
2022 -17.2% -43.6% 144.8% 67.87%
2021 10.5% -22.6% 56.0% 47.85%
2020 5.9% -89.7% 1010.8% 87.38%
2019 22.6% 4.3% 38.8% 46.35%

NAV & Total Return History

MAIRX - Holdings

Concentration Analysis

MAIRX Category Low Category High MAIRX % Rank
Net Assets 211 M 3.3 M 425 B 77.22%
Number of Holdings 213 1 10481 41.90%
Net Assets in Top 10 31.3 M 1.01 M 47.5 B 85.63%
Weighting of Top 10 14.24% 4.6% 147.7% 87.23%

Top 10 Holdings

  1. NOVO NORDISK 2.67%
  2. TAIWAN SEMICONDUCTOR MANUFACTU 2.56%
  3. NOVARTIS AG 1.65%
  4. SAMSUNG ELECTRONICS CO LTD 1.18%
  5. SIEMENS AG 1.09%
  6. ASML HOLDING N V 1.08%
  7. SUMITOMO MITSUI FINANCIAL GROUP INC 1.05%
  8. ITOCHU CORPORATION 1.00%
  9. 3I GROUP PLC 0.99%
  10. FAIRFAX FINANCIAL HOLDINGS LTD 0.97%

Asset Allocation

Weighting Return Low Return High MAIRX % Rank
Stocks 		95.48% 0.00% 102.63% 77.83%
Cash 		0.97% 0.00% 44.84% 70.95%
Preferred Stocks 		0.00% -0.05% 6.57% 83.33%
Other 		0.00% -2.05% 69.93% 78.59%
Convertible Bonds 		0.00% 0.00% 4.18% 65.18%
Bonds 		0.00% -0.46% 79.43% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High MAIRX % Rank
Financial Services 		18.91% 0.00% 47.75% 37.62%
Technology 		14.34% 0.00% 36.32% 23.98%
Industrials 		11.88% 5.17% 99.49% 75.71%
Healthcare 		9.97% 0.00% 20.35% 72.10%
Consumer Cyclical 		9.52% 0.00% 36.36% 69.28%
Basic Materials 		9.27% 0.00% 23.86% 25.86%
Consumer Defense 		7.78% 0.00% 32.29% 77.74%
Energy 		6.37% 0.00% 16.89% 17.24%
Communication Services 		5.94% 0.00% 21.69% 49.06%
Real Estate 		3.22% 0.00% 14.59% 16.77%
Utilities 		2.80% 0.00% 13.68% 50.47%

Stock Geographic Breakdown

Weighting Return Low Return High MAIRX % Rank
Non US 		93.45% 0.00% 99.44% 38.69%
US 		2.03% 0.00% 102.01% 73.24%

MAIRX - Expenses

Operational Fees

MAIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.01% 19.62% 53.60%
Management Fee 0.80% 0.00% 1.65% 81.85%
12b-1 Fee 0.00% 0.00% 1.00% 12.59%
Administrative Fee N/A 0.01% 1.00% 47.13%

Sales Fees

MAIRX 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% 4.00% N/A

Trading Fees

MAIRX 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.

MAIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 2.00% 247.00% 64.37%

MAIRX - Distributions

Dividend Yield Analysis

MAIRX Category Low Category High MAIRX % Rank
Dividend Yield 3.33% 0.00% 17.49% 9.79%

Dividend Distribution Analysis

MAIRX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual SemiAnnual

Net Income Ratio Analysis

MAIRX Category Low Category High MAIRX % Rank
Net Income Ratio 2.75% -0.93% 6.38% 5.64%

Capital Gain Distribution Analysis

MAIRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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MAIRX - Fund Manager Analysis

Managers

Jeffrey Sullivan

Start Date

Tenure

Tenure Rank

Aug 16, 2007

14.8

14.8%

Jeffrey R. Sullivan, CFA,is a Senior Portfolio Manager of Trivalent and has been with Victory Capital Management Inc or an affiliate since 2014 From 2007-2014, Mr. Sullivan was a Senior Portfolio Manager of Munder Capital Management, where he a member of the portfolio management team of the Fund's predecessor fund since 2007. Mr. Sullivan is a CFA charterholder.

Peter Carpenter

Start Date

Tenure

Tenure Rank

Aug 16, 2007

14.8

14.8%

Mr. Carpenter is a Senior Portfolio Manager of Trivalent and has been with Victory Capital Management Inc since 2014. From 2007-2014, Mr. Carpenter was a Senior Portfolio Manager of Munder Capital Management, where he a member of the portfolio management team since 2007. Peter received his BA from Middlebury College and his MBA from Boston University. Peter is a Chartered Financial Analyst charter holder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.35 3.25

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