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Trending ETFs

Victory Strategic Allocation Fund

mutual fund
VBFIX
Payout Change
Pending
Price as of:
$19.17 +0.1 +0.52%
primary theme
N/A
VBFIX (Mutual Fund)

Victory Strategic Allocation Fund

Payout Change
Pending
Price as of:
$19.17 +0.1 +0.52%
primary theme
N/A
VBFIX (Mutual Fund)

Victory Strategic Allocation Fund

Payout Change
Pending
Price as of:
$19.17 +0.1 +0.52%
primary theme
N/A

Name

As of 05/24/2024

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

$19.17

$26.4 M

1.48%

$0.28

1.35%

Vitals

YTD Return

5.8%

1 yr return

14.3%

3 Yr Avg Return

2.5%

5 Yr Avg Return

7.8%

Net Assets

$26.4 M

Holdings in Top 10

99.6%

52 WEEK LOW AND HIGH

$19.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

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

$19.17

$26.4 M

1.48%

$0.28

1.35%

VBFIX - Profile

Distributions

  • YTD Total Return 5.8%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.13%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Victory Strategic Allocation Fund
  • Fund Family Name
    Victory Portfolios
  • Inception Date
    Sep 18, 2007
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kelly Cliff

Fund Description

The Fund is a “fund-of-funds,” which means the Adviser pursues the Fund's investment objective by investing primarily in shares of other investment companies, including exchange-traded funds (“ETFs”) (“Underlying Funds”). The Fund will typically invest in affiliated Underlying Funds advised by the Adviser (“Victory-Managed Funds”). The Fund may also invest in unaffiliated Underlying Funds, primarily in situations where a Victory-Managed Fund in a particular asset class is not offered.The Underlying Funds selected by the Adviser will invest across a broad range of global asset classes including, but not limited to, equity securities of U.S., international and emerging markets companies of any market capitalization size, investment grade U.S. and international bonds, and commodities. Some of the Underlying Funds may be designed to track indexes. Other Underlying Funds may pursue market neutral or other alternative strategies and some may enter into futures contracts (both short and long positions), credit default swap contracts, options and/or other derivatives to achieve their investment objectives.Under normal market conditions, the Fund will invest at least 40% of its net assets in Underlying Funds that will provide the Fund with exposure to equity securities and at least 30% of its net assets in Underlying Funds that will provide the Fund with exposure to fixed income securities. In either case, the Adviser may invest in Underlying Funds with strategies that it believes will have similar risk/return profiles as these asset classes.To create the Fund’s portfolio, the Adviser allocates the Fund’s assets among Underlying Funds in a manner that is expected to achieve returns similar to or exceeding those of the broader market for equity and fixed income securities with similar risk characteristics. For these purposes, the broader market is represented by the performance of two reference indices: MSCI All Country World Index (60% allocation) and Bloomberg U.S. Aggregate Bond Index (40% allocation).The Adviser may sell an Underlying Fund if the Adviser believes that the Underlying Fund no longer provides adequate portfolio diversification or is unlikely to contribute to the Fund’s total returns under prevailing market conditions.
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VBFIX - Performance

Return Ranking - Trailing

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -23.7% 16.4% 41.42%
1 Yr 14.3% -8.9% 48.3% 39.06%
3 Yr 2.5%* -2.2% 16.4% 15.37%
5 Yr 7.8%* -0.7% 13.4% 13.32%
10 Yr 6.2%* 0.9% 11.8% 6.96%

* Annualized

Return Ranking - Calendar

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
2023 8.3% -40.8% 20.6% 29.71%
2022 -15.7% -21.0% 24.5% 15.95%
2021 8.0% -24.2% 27.8% 44.39%
2020 10.3% -23.1% 11.7% 37.31%
2019 13.2% -100.0% 20.6% 46.32%

Total Return Ranking - Trailing

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -23.7% 16.4% 40.99%
1 Yr 14.3% -12.8% 48.3% 36.23%
3 Yr 2.5%* -3.4% 16.4% 13.32%
5 Yr 7.8%* -1.1% 13.4% 12.59%
10 Yr 6.2%* 0.9% 11.8% 6.08%

* Annualized

Total Return Ranking - Calendar

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
2023 12.3% -40.8% 20.6% 29.71%
2022 -11.9% -21.0% 24.5% 15.95%
2021 12.8% -24.2% 27.8% 44.39%
2020 12.0% -23.1% 11.7% 56.08%
2019 17.9% -2.9% 23.1% 72.75%

NAV & Total Return History


VBFIX - Holdings

Concentration Analysis

VBFIX Category Low Category High VBFIX % Rank
Net Assets 26.4 M 1.12 M 110 B 91.79%
Number of Holdings 9 2 10961 95.82%
Net Assets in Top 10 25.8 M -31.7 M 22 B 75.37%
Weighting of Top 10 99.60% 10.8% 100.0% 1.33%

Top 10 Holdings

  1. VICTORY TOTAL RETURN BOND FUND 30.91%
  2. VICTORY RS GLOBAL FUND 28.93%
  3. VICTORY SOPHUS EMERGING MARKETS FUND 9.51%
  4. VICTORYSHARES US MULTI FACTOR MIN VOL WTD ETF 6.45%
  5. VICTORY TRIVALENT INTERNATIONAL SMALL CAP FUND 6.16%
  6. VICTORY INVESTMENT GRADE CONVERTIBLE FUND 5.72%
  7. VICTORY GLOBAL ENERGY TRANSITION FUND 4.72%
  8. VICTORY RS PARTNERS FUND 3.64%
  9. VICTORY INTEGRITY DISCOVERY FUND 3.57%

Asset Allocation

Weighting Return Low Return High VBFIX % Rank
Convertible Bonds
4.64% 0.00% 25.49% 6.89%
Cash
0.40% -97.12% 185.58% 16.70%
Stocks
0.00% -45.72% 98.42% 30.06%
Preferred Stocks
0.00% -0.03% 14.00% 10.86%
Other
0.00% -1.25% 197.12% 51.15%
Bonds
0.00% -39.76% 93.84% 87.89%

VBFIX - Expenses

Operational Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.16% 2.71% 70.98%
Management Fee 0.10% 0.00% 1.70% 9.42%
12b-1 Fee 0.00% 0.00% 1.00% 2.79%
Administrative Fee N/A 0.01% 0.70% 58.06%

Sales Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 441.00% 11.00%

VBFIX - Distributions

Dividend Yield Analysis

VBFIX Category Low Category High VBFIX % Rank
Dividend Yield 1.48% 0.00% 10.92% 42.41%

Dividend Distribution Analysis

VBFIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Monthly

Net Income Ratio Analysis

VBFIX Category Low Category High VBFIX % Rank
Net Income Ratio 3.13% -5.20% 6.33% 13.07%

Capital Gain Distribution Analysis

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

Distributions History

View More +

VBFIX - Fund Manager Analysis

Managers

Kelly Cliff


Start Date

Tenure

Tenure Rank

Dec 30, 2015

6.42

6.4%

Kelly S. Cliff has been the President, Investment Franchises of Victory since 2014. Prior to joining Victory, Mr. Cliff spent 22 years with Callan Associates, most recently serving as the chief investment officer of public markets and co-lead of the Global Manager Research Group. Mr. Cliff is a CFA and CAIA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25