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Victory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
mutual fund
USAGX
Payout Change
Pending
Price as of:
$20.63
-0.55
-2.6%
primary theme
Precious Metals Industry Equity
share class
USAGX (Mutual Fund)
Victory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
Payout Change
Pending
Price as of:
$20.63
-0.55
-2.6%
primary theme
Precious Metals Industry Equity
share class
USAGX (Mutual Fund)
Victory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
Payout Change
Pending
Price as of:
$20.63
-0.55
-2.6%
primary theme
Precious Metals Industry 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
Victory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
USAGX | Fund
$20.63
$419 M
2.02%
$0.42
1.18%
Vitals
YTD Return
21.4%
1 yr return
21.7%
3 Yr Avg Return
7.1%
5 Yr Avg Return
6.7%
Net Assets
$419 M
Holdings in Top 10
66.1%
52 WEEK LOW AND HIGH
$21.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
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
Victory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
USAGX | Fund
$20.63
$419 M
2.02%
$0.42
1.18%
USAGX - Profile
Distributions
- YTD Total Return 21.4%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 6.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.41%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Precious Metals and Minerals Fund (Formerly USAA Precious Metals and Minerals Fund)
-
Fund Family NameVictory Portfolios III
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMannik Dhillon
Fund Description
The Fund normally invests at least 80% of its assets in equity securities of domestic and foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds. This 80% policy may be changed upon at least 60 days’ prior written notice to shareholders.
Read More
USAGX - Performance
Return Ranking - Trailing
| Period | USAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.4% | -28.7% | 39.1% | 69.23% |
| 1 Yr | 21.7% | -19.8% | 54.3% | 50.77% |
| 3 Yr | 7.1%* | -26.6% | 12.7% | 40.00% |
| 5 Yr | 6.7%* | -0.5% | 11.0% | 65.63% |
| 10 Yr | 6.7%* | -1.9% | 11.8% | 75.47% |
* Annualized
Return Ranking - Calendar
| Period | USAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.2% | -19.2% | 10.1% | 53.85% |
| 2022 | -12.6% | -32.9% | -1.3% | 33.85% |
| 2021 | -10.9% | -51.0% | 70.4% | 41.54% |
| 2020 | 25.8% | 10.6% | 63.4% | 57.81% |
| 2019 | 43.0% | -1.0% | 54.7% | 37.93% |
Total Return Ranking - Trailing
| Period | USAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.4% | -28.7% | 39.1% | 69.23% |
| 1 Yr | 21.7% | -19.8% | 54.3% | 50.77% |
| 3 Yr | 7.1%* | -26.6% | 12.7% | 40.00% |
| 5 Yr | 6.7%* | -0.5% | 11.0% | 65.63% |
| 10 Yr | 6.7%* | -1.9% | 11.8% | 75.47% |
* Annualized
Total Return Ranking - Calendar
| Period | USAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.7% | -19.2% | 12.3% | 41.54% |
| 2022 | -11.8% | -32.9% | 2.7% | 36.92% |
| 2021 | -10.1% | -23.6% | 80.2% | 56.92% |
| 2020 | 25.9% | 10.6% | 70.6% | 73.44% |
| 2019 | 43.0% | 0.7% | 58.5% | 37.93% |
NAV & Total Return History
USAGX - Holdings
Concentration Analysis
| USAGX | Category Low | Category High | USAGX % Rank | |
|---|---|---|---|---|
| Net Assets | 419 M | 12.9 M | 13.7 B | 58.46% |
| Number of Holdings | 35 | 22 | 268 | 84.62% |
| Net Assets in Top 10 | 376 M | 11.1 M | 9.64 B | 38.46% |
| Weighting of Top 10 | 66.10% | 31.4% | 87.4% | 23.08% |
Top 10 Holdings
- AGINCO EAGLE MINES LTD 11.67%
- BARRICK GOLD CORP 10.33%
- NEWMONT CORP 9.95%
- WHEATON PRECIOUS METALS CORP 7.98%
- GOLD FIELDS LTD 5.14%
- ROYAL GOLD INC 4.41%
- NORTHERN STAR RESOURCES LTD 4.21%
- ZIJIN MINING GROUP CO LTD 4.15%
- ALAMOS GOLD INC 4.15%
- ANGLOGOLD ASHANTI PLC 4.12%
Asset Allocation
| Weighting | Return Low | Return High | USAGX % Rank | |
|---|---|---|---|---|
| Stocks | 94.54% | 79.45% | 119.48% | 81.54% |
| Cash | 0.32% | 0.00% | 13.94% | 69.23% |
| Preferred Stocks | 0.00% | 0.00% | 0.71% | 16.92% |
| Other | 0.00% | -1.52% | 17.99% | 63.08% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 15.38% |
| Bonds | 0.00% | 0.00% | 3.33% | 20.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | USAGX % Rank | |
|---|---|---|---|---|
| Basic Materials | 100.00% | 93.10% | 100.00% | 7.69% |
| Utilities | 0.00% | 0.00% | 0.02% | 21.54% |
| Technology | 0.00% | 0.00% | 0.19% | 16.92% |
| Real Estate | 0.00% | 0.00% | 0.00% | 15.38% |
| Industrials | 0.00% | 0.00% | 4.56% | 26.15% |
| Healthcare | 0.00% | 0.00% | 0.00% | 15.38% |
| Financial Services | 0.00% | 0.00% | 0.14% | 18.46% |
| Energy | 0.00% | 0.00% | 2.88% | 21.54% |
| Communication Services | 0.00% | 0.00% | 0.00% | 15.38% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 15.38% |
| Consumer Cyclical | 0.00% | 0.00% | 2.75% | 16.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | USAGX % Rank | |
|---|---|---|---|---|
| Non US | 65.86% | 0.00% | 90.88% | 27.69% |
| US | 28.68% | 4.58% | 93.04% | 70.77% |
USAGX - Expenses
Operational Fees
| USAGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.18% | 0.39% | 5.11% | 46.15% |
| Management Fee | 0.75% | 0.35% | 1.00% | 70.77% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.10% | 0.25% | 15.38% |
Sales Fees
| USAGX 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% | 1.00% | N/A |
Trading Fees
| USAGX 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.
| USAGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.00% | 1.00% | 114.00% | 9.52% |
USAGX - Distributions
Dividend Yield Analysis
| USAGX | Category Low | Category High | USAGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.02% | 0.00% | 4.36% | 18.46% |
Dividend Distribution Analysis
| USAGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| USAGX | Category Low | Category High | USAGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.41% | -18.00% | 5.11% | 47.69% |
Capital Gain Distribution Analysis
| USAGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.417 | OrdinaryDividend |
| Dec 21, 2022 | $0.155 | OrdinaryDividend |
| Dec 22, 2021 | $0.157 | OrdinaryDividend |
| May 13, 2021 | $0.000 | OrdinaryDividend |
| Dec 22, 2020 | $0.009 | OrdinaryDividend |
| Dec 16, 2016 | $0.509 | OrdinaryDividend |
| Dec 19, 2014 | $0.161 | OrdinaryDividend |
| Dec 17, 2013 | $0.021 | OrdinaryDividend |
| Dec 07, 2012 | $0.445 | CapitalGainLongTerm |
| Dec 19, 2011 | $0.080 | OrdinaryDividend |
| Dec 08, 2011 | $0.000 | CapitalGainShortTerm |
| Dec 08, 2011 | $3.837 | CapitalGainLongTerm |
| Dec 20, 2010 | $0.669 | OrdinaryDividend |
| Dec 09, 2010 | $0.056 | CapitalGainShortTerm |
| Dec 09, 2010 | $3.879 | CapitalGainLongTerm |
| Dec 21, 2009 | $0.527 | OrdinaryDividend |
| Dec 18, 2008 | $0.012 | OrdinaryDividend |
| Dec 11, 2008 | $0.047 | CapitalGainShortTerm |
| Dec 11, 2008 | $2.535 | CapitalGainLongTerm |
| Dec 27, 2007 | $0.587 | OrdinaryDividend |
| Dec 13, 2007 | $0.079 | CapitalGainShortTerm |
| Dec 13, 2007 | $2.177 | CapitalGainLongTerm |
| Dec 27, 2006 | $0.761 | OrdinaryDividend |
| Dec 13, 2006 | $0.210 | CapitalGainShortTerm |
| Dec 13, 2006 | $1.567 | CapitalGainLongTerm |
| Dec 15, 2005 | $0.155 | CapitalGainLongTerm |
| Dec 15, 2004 | $0.153 | CapitalGainLongTerm |
| Dec 29, 2003 | $0.858 | OrdinaryDividend |
| Dec 12, 2002 | $0.383 | OrdinaryDividend |
| Dec 13, 2001 | $0.046 | OrdinaryDividend |
| Dec 27, 2000 | $0.024 | OrdinaryDividend |
| Jul 08, 1994 | $0.010 | OrdinaryDividend |
| Dec 30, 1993 | $0.010 | OrdinaryDividend |
| Dec 29, 1992 | $0.010 | OrdinaryDividend |
| Nov 05, 1992 | $0.030 | OrdinaryDividend |
| Dec 24, 1991 | $0.040 | OrdinaryDividend |
| Nov 15, 1991 | $0.040 | OrdinaryDividend |
| Dec 28, 1989 | $0.090 | OrdinaryDividend |
| Nov 16, 1989 | $0.060 | OrdinaryDividend |
USAGX - Fund Manager Analysis
Managers
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.
Lance Humphrey
Start Date
Tenure
Tenure Rank
Feb 12, 2021
1.3
1.3%
Lance Humphrey is a Portfolio Manager for VictoryShares and Solutions. Mr. Humphrey has 10 years of investment experience, nine of which were with AMCO, which Victory Capital acquired in 2019. Lance Humphrey, CFA, is Executive Director of Global Multi Asset Portfolios at USAA Asset Management Company. Mr. Humphrey has started to engaged in investment since 2006. He holds a B.A. of Finance from Texas State University. He holds the CFA designation and is a member of the CFA Society of San Antonio.
Elie Masri
Start Date
Tenure
Tenure Rank
Feb 12, 2021
1.3
1.3%
Mr. Masri is a Portfolio Manager/Analyst of the Victory Capital Management Inc. and has been associated with the Victory Capital Management Inc.or an affiliate since 2008.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.25 | 34.34 | 11.89 | 1.3 |
