RSNYX: Victory Global Natural Resources Y

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RSNYX Victory Global Natural Resources Y

  • Fund
  • RSNYX
  • Price as of: Nov 13, 2019
  • $8.18 - $0.18 - 2.15%

RSNYX - Profile

Vitals

  • YTD Return -38.9%
  • 3 Yr Annualized Return -29.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $135 M
  • Holdings in Top 10 68.9%

52 WEEK LOW AND HIGH

$8.18
$7.35
$18.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.20%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Natural Resources

Distributions

  • YTD Total Return -38.9%
  • 3 Yr Annualized Total Return -29.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.29%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Victory Global Natural Resources Fund
  • Fund Family Name Victory
  • Inception Date May 01, 2007
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Mackenzie B. Davis

Fund Description

The fund normally invests at least 80% of its assets in securities of companies that SailingStone Capital Partners LLC, the fund's sub-adviser, considers to be principally engaged in natural resources industries. It may invest in securities of issuers located anywhere in the world and normally will invest in securities of companies located in at least three countries, which may include the United States. The fund's investment team currently expects that the fund typically will hold between 15 and 30 securities positions. It is non-diversified.

RSNYX - Performance

Return Ranking - Trailing

Period RSNYX Return Category Return Low Category Return High Rank in Category (%)
YTD -38.9% -39.4% 37.9% 97.37%
1 Yr -54.6% -55.1% 47.7% 97.37%
3 Yr -29.7%* -30.4% 7.8% 97.20%
5 Yr N/A* -21.7% 11.4% 98.08%
10 Yr N/A* -12.6% 7.6% 95.12%

* Annualized


Return Ranking - Calendar

Period RSNYX Return Category Return Low Category Return High Rank in Category (%)
2018 -45.6% -46.3% -1.6% 97.27%
2017 1.4% -39.4% 19.1% 80.00%
2016 N/A 3.4% 50.2% N/A
2015 N/A -31.0% 0.0% N/A
2014 N/A -26.2% 55.4% N/A

Total Return Ranking - Trailing

Period RSNYX Return Category Return Low Category Return High Rank in Category (%)
YTD -38.9% -39.4% 37.9% 97.37%
1 Yr -54.6% -55.1% 46.6% 97.37%
3 Yr -29.7%* -30.4% 10.0% 97.20%
5 Yr N/A* -15.6% 11.4% 98.08%
10 Yr N/A* -12.6% 8.8% 95.12%

* Annualized


Total Return Ranking - Calendar

Period RSNYX Return Category Return Low Category Return High Rank in Category (%)
2018 -45.6% -46.3% -1.6% 97.27%
2017 1.4% -9.5% 22.7% 82.86%
2016 N/A 4.1% 73.0% N/A
2015 N/A -31.0% 0.6% N/A
2014 N/A -26.2% 55.4% N/A

NAV & Total Return History

RSNYX - Holdings

Concentration Analysis

RSNYX Category Low Category High RSNYX % Rank
Net Assets 135 M 1.93 M 1.74 B 83.05%
Number of Holdings 21 21 325 100.00%
Net Assets in Top 10 112 M 178 K 1.21 B 64.41%
Weighting of Top 10 68.85% 14.5% 71.6% 9.32%

Top 10 Holdings

  1. Range Resources Corp 14.54%

  2. Turquoise Hill Resources Ltd 11.83%

  3. First Quantum Minerals Ltd 10.54%

  4. Whitecap Resources, Inc. 6.77%

  5. SRC Energy Inc 4.89%

  6. Laredo Petroleum Inc 4.66%

  7. Concho Resources Inc 4.66%

  8. Antero Resources Corp 4.31%

  9. Newmont Goldcorp Corp 3.51%

  10. Rio Tinto PLC ADR 3.15%


Asset Allocation

Weighting Return Low Return High RSNYX % Rank
Stocks
94.57% 19.96% 100.00% 78.81%
Cash
5.44% 0.00% 80.17% 18.64%
Preferred Stocks
0.00% 0.00% 0.00% 59.32%
Other
0.00% -1.01% 22.05% 72.03%
Convertible Bonds
0.00% 0.00% 2.04% 61.86%
Bonds
0.00% 0.00% 8.67% 63.56%

Stock Sector Breakdown

Weighting Return Low Return High RSNYX % Rank
Energy
59.99% 0.00% 78.93% 16.10%
Basic Materials
34.57% -1.29% 99.42% 67.80%
Utilities
0.00% 0.00% 33.13% 70.34%
Technology
0.00% 0.00% 18.26% 72.88%
Real Estate
0.00% 0.00% 0.95% 64.41%
Industrials
0.00% 0.00% 44.76% 83.05%
Healthcare
0.00% 0.00% 14.36% 68.64%
Financial Services
0.00% -0.01% 0.97% 61.02%
Communication Services
0.00% 0.00% 3.81% 61.86%
Consumer Defense
0.00% -0.32% 10.57% 66.10%
Consumer Cyclical
0.00% 0.00% 18.35% 77.97%

Stock Geographic Breakdown

Weighting Return Low Return High RSNYX % Rank
US
51.95% 3.09% 94.98% 39.83%
Non US
42.62% 0.34% 94.46% 72.88%

RSNYX - Expenses

Operational Fees

RSNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.47% 11.69% 58.77%
Management Fee 1.00% 0.00% 1.25% 87.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

RSNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RSNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 2.00% 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.

RSNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 6.00% 528.00% 38.98%

RSNYX - Distributions

Dividend Yield Analysis

RSNYX Category Low Category High RSNYX % Rank
Dividend Yield 0.00% 0.00% 7.33% 80.51%

Dividend Distribution Analysis

RSNYX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

RSNYX Category Low Category High RSNYX % Rank
Net Income Ratio -0.29% -2.27% 2.90% 76.32%

Capital Gain Distribution Analysis

RSNYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

RSNYX - Managers

Mackenzie B. Davis

Manager

Start Date

Tenure

Tenure Rank

Jan 03, 2005

14.83

14.8%

MacKenzie B. Davis, CFA, is a Managing Partner of SailingStone Capital Partners LLC, where he is an Investment Analyst and Portfolio Manager. Prior to founding SailingStone, Mr. Davis was an Investment Analyst at RS Investments and Co-Manager of the RS Global Natural Resource strategies. Previously, Mr. Davis was at Fidelity Management & Research Company, where he focused on distressed investment opportunities in the telecommunications, power and energy sectors. He started his career as an Analyst at Goldman Sachs. Mr. Davis holds a Bachelor of Arts in Mathematical Economics and Modern American History from Brown University and is a CFA charterholder.


Kenneth L. Settles

Manager

Start Date

Tenure

Tenure Rank

May 01, 2007

12.51

12.5%

Kenneth L. Settles Jr. has been a Managing Partner of SailingStone since the commencement of its operations in 2014. Prior to forming SailingStone, he was a member of the Hard Assets Team at RS Investment Management Co. LLC. Prior to joining RS Investments in 2006, he was a senior energy analyst at Neuberger Berman, LLC for seven years. Previously, Mr. Settles spent three years at Salomon Smith Barney, Inc. where he was a financial analyst. Mr. Settles is a CFA charterholder.


Tenure Analysis

Category Low

0.0

Category High

31.76

Category Average

8.85

Category Mode

13.26