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Victory Integrity Small/Mid-Cap Value Fund
mutual fund
MIRSX
Payout Change
Pending
Price as of:
$25.21
-0.14
-0.55%
primary theme
U.S. Mid-Cap Value Equity
share class
MIRSX (Mutual Fund)
Victory Integrity Small/Mid-Cap Value Fund
Payout Change
Pending
Price as of:
$25.21
-0.14
-0.55%
primary theme
U.S. Mid-Cap Value Equity
share class
MIRSX (Mutual Fund)
Victory Integrity Small/Mid-Cap Value Fund
Payout Change
Pending
Price as of:
$25.21
-0.14
-0.55%
primary theme
U.S. Mid-Cap Value Equity
share class
Name
As of 12/12/2024Price
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
Vitals
YTD Return
16.4%
1 yr return
17.0%
3 Yr Avg Return
8.6%
5 Yr Avg Return
12.0%
Net Assets
$299 M
Holdings in Top 10
12.4%
52 WEEK LOW AND HIGH
$25.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 61.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
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
MIRSX - Profile
Distributions
- YTD Total Return 16.4%
- 3 Yr Annualized Total Return 8.6%
- 5 Yr Annualized Total Return 12.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.72%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Integrity Small/Mid-Cap Value Fund
-
Fund Family NameVictory Portfolios
-
Inception DateMar 04, 2015
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoe Gilbert
Fund Description
The Adviser pursues the Fund’s investment objective by investing, under normal circumstances, at least 80% of the Fund’s assets in equity securities of small- to mid-capitalization companies. Small- to mid-capitalization companies are those companies with market capitalizations at the time of purchase within the range of companies included in the Russell 2500™ Index ($8.7 million to $36.4 billion as of September 30, 2024). The size of companies in the index changes with market conditions and the composition of the index.When selecting securities for a Fund, the Adviser seeks out companies that appear to be undervalued according to certain financial measurements of their intrinsic net worth or business prospects. The Adviser employs a value-oriented approach that focuses on securities that offer value with improving investor sentiment.The Fund may invest up to 25% of its assets in foreign securities, including depositary receipts such as American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”).From time to time, the Fund may focus its investments in companies in one or more economic sectors, including the industrials sector.
Read More
MIRSX - Performance
Return Ranking - Trailing
| Period | MIRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.4% | 4.1% | 35.1% | 38.06% |
| 1 Yr | 17.0% | 8.6% | 42.4% | 21.39% |
| 3 Yr | 8.6%* | -0.9% | 16.9% | 32.68% |
| 5 Yr | 12.0%* | 0.8% | 18.2% | 18.10% |
| 10 Yr | N/A* | 1.9% | 12.1% | 45.78% |
* Annualized
Return Ranking - Calendar
| Period | MIRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.8% | -11.3% | 33.3% | 28.33% |
| 2022 | -16.2% | -41.6% | 2.3% | 66.57% |
| 2021 | 24.9% | -41.5% | 44.9% | 27.61% |
| 2020 | 3.3% | -29.0% | 22.1% | 29.23% |
| 2019 | 24.5% | -8.1% | 31.2% | 35.21% |
Total Return Ranking - Trailing
| Period | MIRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.4% | 4.1% | 35.1% | 38.06% |
| 1 Yr | 17.0% | 8.6% | 42.4% | 21.39% |
| 3 Yr | 8.6%* | -0.9% | 16.9% | 32.68% |
| 5 Yr | 12.0%* | 0.8% | 18.2% | 18.10% |
| 10 Yr | N/A* | 1.9% | 12.1% | 43.98% |
* Annualized
Total Return Ranking - Calendar
| Period | MIRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.5% | -1.7% | 36.5% | 37.22% |
| 2022 | -7.9% | -35.0% | 2.4% | 47.19% |
| 2021 | 33.3% | 6.2% | 48.3% | 14.93% |
| 2020 | 5.0% | -22.9% | 23.2% | 32.38% |
| 2019 | 25.5% | -3.0% | 35.7% | 62.13% |
NAV & Total Return History
MIRSX - Holdings
Concentration Analysis
| MIRSX | Category Low | Category High | MIRSX % Rank | |
|---|---|---|---|---|
| Net Assets | 299 M | 991 K | 28 B | 73.68% |
| Number of Holdings | 120 | 8 | 2308 | 28.53% |
| Net Assets in Top 10 | 40.9 M | 349 K | 5.52 B | 78.39% |
| Weighting of Top 10 | 12.45% | 4.6% | 100.2% | 86.43% |
Top 10 Holdings
- GAMING AND LEISURE PROPERTIE 1.39%
- PENTAIR PLC 1.35%
- FIRST INDUSTRIAL REALTY TRUST 1.35%
- PINNACLE WEST CAPITAL CORP 1.26%
- ITT INC 1.22%
- MGIC INVESTMENT CORP 1.21%
- CAMDEN PROPERTY TRUST 1.18%
- SOUTHSTATE CORP 1.18%
- GLACIER BANCORP INC 1.16%
- NORWEGIAN CRUISE LINE HOLDINGS LTD 1.15%
Asset Allocation
| Weighting | Return Low | Return High | MIRSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.51% | 55.64% | 103.53% | 75.90% |
| Cash | 2.49% | 0.00% | 27.43% | 28.25% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 57.62% |
| Other | 0.00% | 0.00% | 7.98% | 73.13% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 53.76% |
| Bonds | 0.00% | 0.00% | 19.09% | 54.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MIRSX % Rank | |
|---|---|---|---|---|
| Industrials | 21.35% | 0.00% | 29.02% | 8.36% |
| Financial Services | 19.54% | 0.00% | 60.11% | 31.75% |
| Consumer Cyclical | 10.39% | 0.00% | 29.62% | 56.82% |
| Real Estate | 9.93% | 0.00% | 40.74% | 24.23% |
| Basic Materials | 9.00% | 0.00% | 23.88% | 11.14% |
| Technology | 8.67% | 0.00% | 30.07% | 61.28% |
| Energy | 7.25% | 0.00% | 29.17% | 52.37% |
| Healthcare | 4.65% | 0.00% | 32.47% | 91.92% |
| Consumer Defense | 3.73% | 0.00% | 33.79% | 81.34% |
| Utilities | 3.32% | 0.00% | 24.69% | 77.44% |
| Communication Services | 2.16% | 0.00% | 19.80% | 54.60% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MIRSX % Rank | |
|---|---|---|---|---|
| US | 97.51% | 55.64% | 103.53% | 62.33% |
| Non US | 0.00% | 0.00% | 33.85% | 64.82% |
MIRSX - Expenses
Operational Fees
| MIRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.94% | 0.06% | 16.92% | 56.39% |
| Management Fee | 0.80% | 0.00% | 1.20% | 82.27% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.29% |
| Administrative Fee | 0.08% | 0.01% | 0.40% | 38.14% |
Sales Fees
| MIRSX 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
| MIRSX 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.
| MIRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 61.00% | 0.00% | 227.00% | 68.09% |
MIRSX - Distributions
Dividend Yield Analysis
| MIRSX | Category Low | Category High | MIRSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.97% | 0.00% | 22.79% | 67.50% |
Dividend Distribution Analysis
| MIRSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MIRSX | Category Low | Category High | MIRSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.72% | -1.84% | 4.73% | 54.19% |
Capital Gain Distribution Analysis
| MIRSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.246 | OrdinaryDividend |
| Dec 13, 2023 | $0.269 | CapitalGainLongTerm |
| Dec 21, 2022 | $0.220 | OrdinaryDividend |
| Dec 14, 2022 | $1.753 | OrdinaryDividend |
| Dec 22, 2021 | $0.108 | OrdinaryDividend |
| Dec 16, 2021 | $1.388 | OrdinaryDividend |
| Dec 22, 2020 | $0.303 | OrdinaryDividend |
| Dec 23, 2019 | $0.141 | OrdinaryDividend |
| Dec 26, 2018 | $0.161 | OrdinaryDividend |
| Dec 19, 2018 | $0.521 | CapitalGainLongTerm |
| Dec 26, 2017 | $0.078 | OrdinaryDividend |
| Dec 20, 2017 | $0.197 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.064 | OrdinaryDividend |
MIRSX - Fund Manager Analysis
Managers
Joe Gilbert
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
Gelbert has been with Integrity for five years and is currently responsible for participating in security selection. Prior to joining Integrity, he was employed by National City Investment Co. Gelbert holds the Chartered Financial Analyst designation. Joe earned both his undergraduate degree and his MBA from the University of Maryland.
Daniel DeMonica
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
Daniel J. DeMonica, CFA—Mr. DeMonica is Senior Portfolio Manager and is a Principal of advisor Integrity Asset Management, LLC. Mr. DeMonica has been with the Advisor since shortly after its formation in 2003. Prior to joining the Advisor, Mr. DeMonica was a Portfolio Manager and Security Analyst for National City Investment Management Co. from 1997 to 2003. Mr. DeMonica earned his Bachelor of Arts degree in Finance from Indiana University in 1994, and an MBA in Finance from Case Western University in 2000.
Daniel Bandi
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
Dan is a CFA charterholder and serves as CIO for all of Integrity Asset Management’s value equity strategies, and is lead portfolio manager for the Small Cap Value Equity strategy and the Small/Mid Cap Value Equity strategy. Dan has sector responsibilities focused on the financials and industrials sectors. Dan and his team have been featured in The New York Times, the Wall Street Journal, the Financial Times and Investor's Business Daily and have appeared as guests on CNBC, CNNfn TV, Bloomberg TV and others. Dan graduated from the University of Pittsburgh and earned an MBA from Texas A&M University - Commerce. Dan is a member and past President of the CFA Society of Cleveland.
J. Bryan Tinsley
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
Tinsley is a portfolio manager with Integrity. Prior to joining Integrity, he was employed by National City Investment Co. as a senior equity analyst. Bryan is a graduate of Transylvania University and earned his MBA from Case Western Reserve University. Mr. Tinsley is a CFA charterholder
Adam Friedman
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
Adam is a member of our value equity management team, serving as a Senior Portfolio Manager for all value strategies and is lead portfolio manager for the Mid Cap Value Equity strategy. Adam has sector responsibilities focused on the technology and consumer cyclicals sectors. He has been featured in The New York Times and the Wall Street Journal and has appeared as a guest on CNBC, CNNfn TV, Bloomberg TV and Bloomberg Radio. After completing his undergraduate studies at the University of Maryland, Adam earned his MBA from Case Western.
Michael Wayton
Start Date
Tenure
Tenure Rank
Nov 01, 2018
3.58
3.6%
Michael P. Wayton is a Portfolio Manager of Integrity and has been with the Adviser since 2014. From 2013-2014, Mr. Wayton was a Portfolio Manager of Integrity Asset Management, LLC. Mr. Wayton is currently a member of the CFA Society of Cleveland. He graduated from Ohio State University with a B.S.B.A. in Finance and is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.15 | 10.92 |
