Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

VETAX Victory Sycamore Established Value A

  • Fund
  • VETAX
  • Price as of: Nov 17, 2017
  • $39.93
  • + $0.05
  • + 0.13%
  • Category
  • Mid Cap Value Equities

VETAX - Profile

Vitals

  • YTD Return 10.4%
  • 3 Yr Annualized Return 12.7%
  • 5 Yr Annualized Return 15.6%
  • Net Assets $10.4 B
  • Holdings in Top 10 19.9%

52 WEEK LOW AND HIGH

$39.93
$35.98
$40.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2017-06-30

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Mid Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 10.4%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.69%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Victory Sycamore Established Value Fund
  • Fund Family Name Victory
  • Inception Date May 05, 2000
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey M. Graff

Fund Description

The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of companies with market capitalizations, at the time of purchase, within the range of companies comprising the Russell MidCap® Value Index. The fund may invest a portion of its assets in equity securities of foreign companies traded in the U.S., including American Depositary Receipts and Global Depositary Receipts (ADRs and GDRs).

VETAX - Performance

Return Ranking - Trailing

Period VETAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.4% -18.9% 22.4% 22.57% 2
1 Yr 15.1% -33.1% 34.6% 63.03% 4
3 Yr 12.7% * -9.7% 13.1% 0.76% 1
5 Yr 15.6% * -4.5% 20.1% 7.32% 1
10 Yr 9.9% * -0.9% 10.8% 4.60% 1

* Annualized


Return Ranking - Calendar

Period VETAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 18.8% -22.1% 28.0% 12.22% 1
2015 -9.6% -30.9% 5.2% 37.95% 3
2014 -2.2% -18.7% 36.2% 64.99% 4
2013 25.2% -39.7% 66.3% 49.13% 3
2012 8.4% -8.2% 41.2% 82.28% 5

Total Return Ranking - Trailing

Period VETAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.4% -18.9% 22.4% 22.54% 2
1 Yr 8.5% -28.1% 97.8% 84.36% 5
3 Yr 10.5% * -7.6% 13.1% 10.63% 1
5 Yr 14.2% * -5.6% 22.4% 22.22% 2
10 Yr 9.2% * -0.9% 10.8% 7.98% 1

* Annualized


Total Return Ranking - Calendar

Period VETAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 19.3% -22.1% 28.0% 13.20% 1
2015 1.0% -26.7% 9.6% 7.44% 1
2014 16.1% -12.4% 25.7% 20.17% 1
2013 57.4% 0.0% 165.8% 24.13% 2
2012 22.9% -6.0% 258.2% 61.86% 4

NAV & Total Return History

VETAX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

VETAX Category Low Category High VETAX % Rank Quintile
Net Assets 10.4 B 313 K 38.8 B 2.83% 1
Number of Holdings 75 22 2601 17.45% 4
Net Assets in Top 10 2.07 B 105 K 9.23 B 2.36% 1
Weighting of Top 10 19.9% 6.4% 73.7% 25.24% 3

Top 10 Holdings

  1. SunTrust Banks Inc 2.07%
  2. Archer-Daniels Midland Co 2.46%
  3. Crown Holdings Inc 1.94%
  4. Citizens Financial Group Inc 1.96%
  5. Alleghany Corp 1.89%
  6. Aflac Inc 2.09%
  7. Reliance Steel & Aluminum Co 2.09%
  8. Quanta Services Inc 1.78%
  9. VF Corp 1.81%
  10. Fidelity National Financial Inc 1.77%

Asset Allocation

Weighting Category Low Category High VETAX % Rank Quintile
Stocks
96.26% 38.22% 100.39% 22.88% 4
Cash
3.74% -0.39% 35.23% 12.74% 2
Preferred Stocks
0.00% 0.00% 29.58% 5.19% 1
Other
0.00% -5.83% 9.04% 9.43% 2
Convertible Bonds
0.00% 0.00% 1.61% 1.89% 1
Bonds
0.00% -0.05% 26.58% 6.13% 1

Stock Sector Breakdown

Weighting Category Low Category High VETAX % Rank Quintile
Financial Services
19.62% 0.00% 37.79% 22.88% 4
Industrials
19.11% 0.00% 39.74% 4.95% 1
Consumer Cyclical
14.02% 0.00% 32.24% 14.86% 2
Technology
10.70% 0.00% 31.02% 16.27% 2
Energy
6.91% 0.00% 37.42% 19.34% 3
Healthcare
6.74% 0.00% 21.72% 18.16% 3
Consumer Defense
6.59% 0.00% 16.33% 11.08% 2
Basic Materials
5.56% 0.00% 20.21% 18.40% 3
Utilities
3.98% 0.00% 13.01% 24.29% 4
Real Estate
3.01% 0.00% 46.58% 29.95% 5
Communication Services
0.02% 0.00% 6.55% 18.63% 3

Stock Geographic Breakdown

Weighting Category Low Category High VETAX % Rank Quintile
US
94.74% 31.81% 99.91% 16.04% 3
Non US
1.52% 0.00% 40.16% 27.12% 4

VETAX - Expenses

Operational Fees

VETAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.95% 0.07% 19.64% 31.84% 2
Management Fee 0.46% 0.05% 1.26% 9.43% 1
12b-1 Fee 0.25% 0.00% 1.00% 3.46% 2
Administrative Fee 0.11% 0.01% 0.40% 7.47% 3

Sales Fees

VETAX Fees (% of AUM) Category Low Category High VETAX Rank Quintile
Front Load 5.75% 2.50% 5.75% 1.33% 3
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

VETAX Fees (% of AUM) Category Low Category High VETAX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover 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.

VETAX Fees (% of AUM) Category Low Category High VETAX Rank Quintile
Turnover 40.00% 7.65% 628.00% 15.33% 2

VETAX - Distributions

Dividend Yield Analysis

VETAX Category Low Category High VETAX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.57% 27.11% 2

Dividend Distribution Analysis

VETAX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

VETAX Category Low Category High VETAX % Rank Quintile
Net Income Ratio 0.69% -4.56% 7.52% 24.06% 3

Capital Gain Distribution Analysis

VETAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

VETAX - Managers

Jeffrey M. Graff

Manager

Start Date

Mar 01, 2007

Tenure

10.59

Tenure Rank

6.9%

Jeffrey Graff is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Graff joined Victory Capital in 2001 with six years’ prior investment experience. Previously, he was employed as an equity analyst with A.G. Edwards & Sons. He began his career in the investment industry as an equity research associate for Roulston & Company. Mr. Graff holds a B.B.A. from Cleveland State University and an M.Fin. from St. Louis University. He is a CFA® charterholder.


Gregory M. Conners

Manager

Start Date

Mar 01, 2002

Tenure

15.59

Tenure Rank

2.7%

Greg Conners is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Conners joined Victory Capital in 1999 with four years’ prior investment experience as a small-cap research analyst with Carillon Advisers. Prior to his tenure as portfolio manager, he served as a research analyst for the Small Cap Value Equity strategy. Mr. Conners holds a B.S. in economics from College of Mount St. Joseph and an MBA from Xavier University.


Gary H. Miller

Manager

Start Date

Jul 31, 1998

Tenure

19.18

Tenure Rank

1.3%

Gary Miller is Chief Investment Officer of Sycamore Capital. He is also lead portfolio manager of the Small Cap Value Equity and Mid Cap Value Equity strategies. The Victory Small Cap Value Equity and Mid Cap Value Equity team was renamed Sycamore Capital on April 1, 2015. Sycamore Capital is a Victory Capital investment franchise. Mr. Miller joined Victory Capital in 1987. Prior to his tenure as portfolio manager, he served as an equity research analyst for the Small Cap Value and Mid Cap Value Equity strategies. Mr. Miller holds a B.B.A. in accounting from the University of Cincinnati and an MBA from Xavier University.


James M. Albers

Manager

Start Date

Dec 31, 2012

Tenure

4.75

Tenure Rank

13.9%

James Albers is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Albers joined Victory Capital in 2005. Previously, he worked as a consultant with Accenture and IBM Global Services. Mr. Albers earned a B.S. and an MBA from the University of Wisconsin. He is a CFA® charterholder.


Michael F. Rodarte

Manager

Start Date

Dec 31, 2012

Tenure

4.75

Tenure Rank

13.9%

Michael Rodarte is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Rodarte joined Victory Capital in 2006. Previously, he worked as an analyst with KeyBanc Capital Markets in its corporate and investment banking groups. Mr. Rodarte earned his B.B.A. in finance, economics, and international business from Ohio University. He is a CFA® charterholder.


Tenure Analysis

Category Low

0.1

Category High

29.2

Category Average

7.18

Category Mode

0.7