Victory Extended Market Index Fund (Formerly USAA Extended Market Index Fund)
Fund
USMIX
Price as of:
$20.28
- $0.16
- 0.78%
Primary Theme
fund company
Name
As of 04/17/2024Price
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
$20.28
$766 M
1.20%
$0.24
0.37%
Vitals
YTD Return
-2.6%
1 yr return
16.1%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
8.8%
Net Assets
$766 M
Holdings in Top 10
4.2%
52 WEEK LOW AND HIGH
$20.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
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
$20.28
$766 M
1.20%
$0.24
0.37%
USMIX - Profile
Distributions
- YTD Total Return -2.6%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.77%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Extended Market Index Fund (Formerly USAA Extended Market Index Fund)
-
Fund Family NameVictory Portfolios III
-
Inception DateNov 09, 2000
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMannik Dhillon
Fund Description
The Index is a market-cap weighted index consisting of the small- and mid-cap companies in the U.S. equity market. The Index consists of the securities within the VettaFi US Equity 3000 IndexSM (“Parent Index”) after eliminating the largest 500 companies. The Parent Index measures the performance of the largest 3000 U.S. equity securities with readily available price data. The number of securities in the Index fluctuates and may be more or less than 2,500. As of August 31, 2023, the market capitalization range of the companies included in the Index was between $20 million and less than $15 billion. The size of companies in the Index changes with market conditions and the composition of the Index.
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USMIX - Performance
Return Ranking - Trailing
| Period | USMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.6% | -27.2% | 20.7% | 89.23% |
| 1 Yr | 16.1% | -14.9% | 47.3% | 43.59% |
| 3 Yr | -1.3%* | -29.6% | 78.0% | 42.11% |
| 5 Yr | 8.8%* | -5.0% | 97.2% | 55.82% |
| 10 Yr | 8.6%* | -0.3% | 36.3% | 76.82% |
* Annualized
Return Ranking - Calendar
| Period | USMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.2% | -27.7% | 68.0% | 46.70% |
| 2022 | -30.0% | -85.6% | 350.1% | 44.94% |
| 2021 | -2.6% | -77.0% | 238.3% | 52.65% |
| 2020 | 26.9% | -44.1% | 2474.5% | 50.68% |
| 2019 | 24.0% | -50.2% | 44.0% | 59.68% |
Total Return Ranking - Trailing
| Period | USMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.6% | -27.2% | 20.7% | 89.23% |
| 1 Yr | 16.1% | -14.9% | 47.3% | 43.59% |
| 3 Yr | -1.3%* | -29.6% | 78.0% | 42.11% |
| 5 Yr | 8.8%* | -5.0% | 97.2% | 55.82% |
| 10 Yr | 8.6%* | -0.3% | 36.3% | 76.82% |
* Annualized
Total Return Ranking - Calendar
| Period | USMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.7% | -26.1% | 68.0% | 17.22% |
| 2022 | -24.0% | -67.0% | 440.7% | 24.31% |
| 2021 | 15.6% | -23.5% | 342.2% | 33.52% |
| 2020 | 31.2% | 2.6% | 2549.1% | 70.06% |
| 2019 | 27.9% | 14.6% | 44.8% | 90.32% |
NAV & Total Return History
USMIX - Holdings
Concentration Analysis
| USMIX | Category Low | Category High | USMIX % Rank | |
|---|---|---|---|---|
| Net Assets | 766 M | 2.73 M | 100 B | 58.76% |
| Number of Holdings | 2530 | 25 | 3644 | 1.64% |
| Net Assets in Top 10 | 31.2 M | 449 K | 9.69 B | 83.94% |
| Weighting of Top 10 | 4.23% | 0.4% | 99.9% | 99.64% |
Top 10 Holdings
- MSILF GOVERNMENT-INST 0.67%
- GLDMN SCHS FIN SQ GV-FST 0.67%
- INVESCO GVT AGNCY-INST 0.67%
- HSBC US GOVT MMKT-I 0.67%
- MASCO CORP 0.27%
- GODADDY INC CLASS A 0.27%
- MANHATTAN ASSOCIATES INC 0.27%
- VISTRA CORP 0.26%
- NUTANIX INC A 0.25%
- RPM INTERNATIONAL INC 0.25%
Asset Allocation
| Weighting | Return Low | Return High | USMIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.32% | 0.92% | 101.49% | 33.21% |
| Cash | 2.67% | 0.00% | 99.08% | 35.04% |
| Other | 0.00% | -0.18% | 16.96% | 30.84% |
| Preferred Stocks | 0.00% | 0.00% | 5.46% | 97.26% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 96.72% |
| Bonds | 0.00% | -3.27% | 1.87% | 97.26% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | USMIX % Rank | |
|---|---|---|---|---|
| Technology | 20.35% | 0.04% | 62.17% | 83.76% |
| Financial Services | 17.74% | 0.00% | 43.01% | 7.85% |
| Industrials | 12.24% | 0.00% | 38.23% | 73.18% |
| Healthcare | 11.89% | 0.00% | 37.06% | 88.14% |
| Real Estate | 10.10% | 0.00% | 19.28% | 3.83% |
| Consumer Cyclical | 9.97% | 0.00% | 57.41% | 82.48% |
| Energy | 4.20% | 0.00% | 62.10% | 18.43% |
| Basic Materials | 4.00% | 0.00% | 17.25% | 23.91% |
| Communication Services | 3.85% | 0.00% | 18.33% | 31.57% |
| Consumer Defense | 3.41% | 0.00% | 16.40% | 25.18% |
| Utilities | 2.25% | 0.00% | 12.94% | 10.77% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | USMIX % Rank | |
|---|---|---|---|---|
| US | 99.32% | 0.64% | 101.49% | 27.19% |
| Non US | 0.00% | 0.00% | 34.57% | 24.27% |
USMIX - Expenses
Operational Fees
| USMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.37% | 0.02% | 17.54% | 94.86% |
| Management Fee | 0.10% | 0.00% | 1.50% | 3.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.00% | 0.40% | 83.06% |
Sales Fees
| USMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| USMIX 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.
| USMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 24.00% | 0.00% | 250.31% | 26.72% |
USMIX - Distributions
Dividend Yield Analysis
| USMIX | Category Low | Category High | USMIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.20% | 0.00% | 34.57% | 7.66% |
Dividend Distribution Analysis
| USMIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| USMIX | Category Low | Category High | USMIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.77% | -2.24% | 2.75% | 4.07% |
Capital Gain Distribution Analysis
| USMIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 22, 2023 | $0.243 | OrdinaryDividend |
| Dec 22, 2022 | $0.250 | OrdinaryDividend |
| Dec 23, 2021 | $0.225 | OrdinaryDividend |
| Dec 23, 2020 | $0.215 | OrdinaryDividend |
| Dec 30, 2019 | $0.256 | OrdinaryDividend |
| Dec 19, 2019 | $0.380 | OrdinaryDividend |
| Dec 28, 2018 | $0.167 | OrdinaryDividend |
| Dec 28, 2017 | $0.182 | OrdinaryDividend |
| Dec 29, 2016 | $0.180 | OrdinaryDividend |
| Dec 30, 2015 | $0.146 | OrdinaryDividend |
| Dec 30, 2014 | $0.165 | OrdinaryDividend |
| Dec 30, 2013 | $0.125 | OrdinaryDividend |
| Dec 28, 2012 | $0.186 | OrdinaryDividend |
| Dec 29, 2011 | $0.091 | OrdinaryDividend |
| Dec 30, 2010 | $0.105 | OrdinaryDividend |
| Dec 30, 2009 | $0.059 | OrdinaryDividend |
| Dec 30, 2008 | $0.106 | OrdinaryDividend |
| Dec 28, 2007 | $0.123 | OrdinaryDividend |
| Dec 28, 2006 | $0.140 | OrdinaryDividend |
| Dec 29, 2005 | $0.085 | OrdinaryDividend |
| Dec 30, 2004 | $0.067 | OrdinaryDividend |
| Dec 30, 2003 | $0.044 | OrdinaryDividend |
| Dec 13, 2002 | $0.031 | OrdinaryDividend |
| Dec 14, 2001 | $0.117 | OrdinaryDividend |
USMIX - 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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.2 | 2.25 |