Continue to site >
Trending ETFs

Victory Sophus Emerging Markets Fund

mutual fund
RSERX
Payout Change
Pending
Price as of:
$21.39 -0.13 -0.6%
primary theme
Emerging Markets Equity
RSERX (Mutual Fund)

Victory Sophus Emerging Markets Fund

Payout Change
Pending
Price as of:
$21.39 -0.13 -0.6%
primary theme
Emerging Markets Equity
RSERX (Mutual Fund)

Victory Sophus Emerging Markets Fund

Payout Change
Pending
Price as of:
$21.39 -0.13 -0.6%
primary theme
Emerging Markets Equity

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

$21.39

$402 M

2.33%

$0.50

1.21%

Vitals

YTD Return

13.3%

1 yr return

22.1%

3 Yr Avg Return

-1.4%

5 Yr Avg Return

4.7%

Net Assets

$402 M

Holdings in Top 10

33.6%

52 WEEK LOW AND HIGH

$21.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.21%

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 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

$21.39

$402 M

2.33%

$0.50

1.21%

RSERX - Profile

Distributions

  • YTD Total Return 13.3%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.17%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Victory Sophus Emerging Markets Fund
  • Fund Family Name
    Victory Portfolios
  • Inception Date
    Nov 15, 2016
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Reynal

Fund Description

The Adviser pursues the Fund’s investment objective by investing, under normal circumstances, at least 80% of its assets in securities of emerging market companies, which may include common stocks, preferred stocks, or other securities convertible into common stock. The Fund may invest in companies of any size.The Fund may also invest in foreign issuers through American Depositary Receipts (“ADRs”), European Depositary Receipts (“EDRs”), Global Depositary Receipts (“GDRs”), or similar investment vehicles.As a result of the Adviser’s investment process, the Fund’s investments may be focused in one or more economic sectors from time to time, including the information technology sector.The Adviser employs both fundamental analysis and quantitative screening in seeking to identify companies that it believes can sustain above-average earnings growth relative to their peers. Valuation is an integral part of the process. Fundamental, bottom-up research focuses on companies that rank highly within the Adviser’s quantitative screen, with particular emphasis placed on a company’s earnings growth, business strategy, value creation, competitive position, management quality, market position, and political and economic backdrop. The Adviser monitors market and sovereign risk as part of the overall investment process.The Adviser regularly reviews the Fund’s investments and will sell securities when the Adviser believes the securities are no longer attractive because (1) of a deterioration in rank of the security in accordance with the Adviser’s process, (2) of price appreciation, (3) of a change in the fundamental outlook of the company, or (4) other investments available are considered to be more attractive.As a result of its investment strategy, the Fund may experience annual portfolio turnover in excess of 100%.
Read More

RSERX - Performance

Return Ranking - Trailing

Period RSERX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% -12.5% 37.0% 65.69%
1 Yr 22.1% -3.2% 48.3% 83.19%
3 Yr -1.4%* -12.0% 13.3% 60.93%
5 Yr 4.7%* -3.0% 12.7% 61.58%
10 Yr N/A* -2.5% 7.1% 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% 50.98%
2022 -24.6% -50.1% -2.4% 54.61%
2021 -8.0% -33.1% 22.5% 64.18%
2020 15.8% -22.1% 80.1% 51.76%
2019 22.6% -0.7% 42.0% 26.12%

Total Return Ranking - Trailing

Period RSERX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% -12.5% 37.0% 65.69%
1 Yr 22.1% -3.2% 48.3% 83.19%
3 Yr -1.4%* -12.0% 13.3% 60.93%
5 Yr 4.7%* -3.0% 12.7% 61.58%
10 Yr N/A* -2.5% 7.1% 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% 45.25%
2022 -22.1% -42.2% 1.9% 43.95%
2021 -3.9% -32.5% 33.1% 69.21%
2020 17.3% -20.0% 81.6% 53.99%
2019 23.5% 2.3% 42.0% 32.89%

NAV & Total Return History


RSERX - Holdings

Concentration Analysis

RSERX Category Low Category High RSERX % Rank
Net Assets 402 M 682 K 103 B 53.00%
Number of Holdings 121 10 7534 38.91%
Net Assets in Top 10 124 M 290 K 23.8 B 53.00%
Weighting of Top 10 33.64% 2.9% 100.2% 57.12%

Top 10 Holdings

  1. TAIWAN SEMICONDUCTOR MANUFACTU 10.27%
  2. TENCENT HOLDINGS LTD 5.43%
  3. SAMSUNG ELECTRONICS CO LTD 5.20%
  4. ICICI BANK LTD 2.74%
  5. PDD HOLDINGS INC 1.97%
  6. SK HYNIX INC 1.84%
  7. INDUSTRIAL COMMERCIAL BANK OF CHINA LTD 1.83%
  8. MAHINDRA MAHINDRA LTD 1.56%
  9. POWER GRID CORP OF INDIA LTD 1.42%
  10. MEITUAN 1.38%

Asset Allocation

Weighting Return Low Return High RSERX % Rank
Stocks
87.03% 0.00% 107.82% 96.37%
Cash
0.57% -2.03% 16.88% 81.17%
Preferred Stocks
0.00% 0.00% 13.31% 68.90%
Other
0.00% -0.46% 26.93% 50.49%
Convertible Bonds
0.00% 0.00% 7.40% 29.21%
Bonds
0.00% 0.00% 88.10% 36.12%

Stock Sector Breakdown

Weighting Return Low Return High RSERX % Rank
Technology
24.33% 0.00% 47.50% 37.29%
Financial Services
23.05% 0.00% 48.86% 37.57%
Consumer Cyclical
11.37% 0.00% 48.94% 55.51%
Basic Materials
10.24% 0.00% 30.03% 26.98%
Communication Services
8.99% 0.00% 39.29% 49.01%
Industrials
5.94% 0.00% 43.53% 51.98%
Consumer Defense
4.78% 0.00% 25.90% 75.28%
Healthcare
4.10% 0.00% 16.53% 42.94%
Energy
4.03% 0.00% 24.80% 53.25%
Real Estate
2.27% 0.00% 17.15% 30.08%
Utilities
0.89% 0.00% 39.12% 59.04%

Stock Geographic Breakdown

Weighting Return Low Return High RSERX % Rank
Non US
86.51% 0.00% 101.28% 47.42%
US
0.52% 0.00% 100.13% 96.09%

RSERX - Expenses

Operational Fees

RSERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.21% 0.03% 29.98% 59.02%
Management Fee 1.00% 0.00% 2.00% 77.23%
12b-1 Fee 0.00% 0.00% 1.00% 3.27%
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% 82.19%

RSERX - Distributions

Dividend Yield Analysis

RSERX Category Low Category High RSERX % Rank
Dividend Yield 2.33% 0.00% 9.74% 31.38%

Dividend Distribution Analysis

RSERX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Annual

Net Income Ratio Analysis

RSERX Category Low Category High RSERX % Rank
Net Income Ratio 1.17% -1.98% 17.62% 35.75%

Capital Gain Distribution Analysis

RSERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

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 6.64 13.42