SBALX: Victory Strategic Allocation A

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

SBALX Victory Strategic Allocation A

  • Fund
  • SBALX
  • Price as of: Jan 17, 2020
  • $16.87
    + $0.04 + 0.24%

Profile

SBALX - Profile

Vitals

  • YTD Return 1.4%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $26 M
  • Holdings in Top 10 99.6%

52 WEEK LOW AND HIGH

$16.87
$15.16
$17.03

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.77%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.69%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Victory Strategic Allocation Fund Class A
  • Fund Family Name
    Victory
  • Inception Date
    Dec 10, 1993
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kelly Cliff

Fund Description

The fund is a "fund of funds", which means it pursues its investment objective by investing primarily in other investment companies, including exchange-traded funds ("ETFs") ("underlying funds"). It will typically invest in affiliated underlying funds advised by the Adviser ("Victory Funds"). 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.


Get Updates About SBALX

Sign up for Advisor Access to receive email updates about SBALX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

SBALX - Performance

Return Ranking - Trailing

Period SBALX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -0.2% 2.7% 34.67%
1 Yr 10.6% -1.4% 20.6% 34.78%
3 Yr 3.5%* -2.6% 8.5% 45.00%
5 Yr 2.7%* -3.8% 6.7% 28.00%
10 Yr 3.7%* -1.6% 8.2% 43.33%

* Annualized

Return Ranking - Calendar

Period SBALX Return Category Return Low Category Return High Rank in Category (%)
2019 13.2% 1.3% 18.1% 44.93%
2018 -10.8% -19.6% -7.6% 14.52%
2017 10.1% 5.7% 18.2% 32.20%
2016 2.4% -7.7% 19.0% 81.48%
2015 -2.7% -21.2% -1.2% 20.41%

Total Return Ranking - Trailing

Period SBALX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -0.2% 2.7% 34.67%
1 Yr 10.6% -1.4% 20.6% 34.78%
3 Yr 3.5%* -1.0% 8.2% 45.00%
5 Yr 2.7%* -1.0% 6.7% 36.00%
10 Yr 3.7%* 0.8% 8.2% 63.33%

* Annualized

Total Return Ranking - Calendar

Period SBALX Return Category Return Low Category Return High Rank in Category (%)
2019 13.2% 1.3% 18.1% 44.93%
2018 -10.8% -19.5% -7.2% 40.32%
2017 10.1% 8.5% 21.5% 62.71%
2016 2.4% 1.4% 19.8% 87.04%
2015 -2.7% -20.2% 0.6% 34.69%

NAV & Total Return History


Holdings

SBALX - Holdings

Concentration Analysis

SBALX Category Low Category High SBALX % Rank
Net Assets 26 M 3.1 M 51.3 B 96.00%
Number of Holdings 10 3 1537 97.01%
Net Assets in Top 10 25.8 M 0 12.2 B 83.58%
Weighting of Top 10 99.56% 0.0% 176.9% 8.96%

Top 10 Holdings

  1. Victory RS Global Y 28.83%
  2. Victory Market Neutral Income I 21.18%
  3. Victory INCORE Total Return Bond R6 12.15%
  4. Victory Sophus Emerging Markets Sm Cp Y 8.13%
  5. Victory Trivalent Emerging Mkts Sm-Cp Y 8.10%
  6. VictoryShares International Vol Wtd ETF 7.02%
  7. VictoryShares US Mult-Fctr Mnmm Vltl ETF 7.00%
  8. Victory Integrity Discovery Y 3.60%
  9. VictoryShares US Small Cap Vol Wtd ETF 3.55%

Asset Allocation

Weighting Return Low Return High SBALX % Rank
Stocks
83.65% 0.00% 259.02% 34.67%
Bonds
10.82% -235.37% 19.68% 36.00%
Cash
5.52% 2.55% 80.09% 88.06%
Other
0.02% 0.00% 19.91% 58.21%
Preferred Stocks
0.00% 0.00% 2.12% 88.06%
Convertible Bonds
0.00% 0.00% 0.31% 86.57%

Stock Sector Breakdown

Weighting Return Low Return High SBALX % Rank
Financial Services
19.38% 0.00% 27.48% 36.92%
Industrials
13.64% 3.04% 29.81% 35.38%
Technology
12.73% 0.13% 25.77% 27.69%
Consumer Cyclical
11.32% 0.75% 24.34% 20.00%
Healthcare
9.00% 0.00% 16.64% 40.00%
Consumer Defense
8.44% 0.02% 11.12% 29.23%
Communication Services
7.46% 0.00% 26.80% 41.54%
Basic Materials
5.82% 1.16% 36.13% 63.08%
Energy
4.63% 0.01% 47.39% 80.00%
Utilities
4.35% 0.00% 11.45% 32.31%
Real Estate
3.21% 0.00% 52.60% 66.15%

Stock Geographic Breakdown

Weighting Return Low Return High SBALX % Rank
Non US
42.98% 0.00% 56.92% 47.76%
US
40.67% -0.17% 65.72% 20.90%

Bond Sector Breakdown

Weighting Return Low Return High SBALX % Rank
Cash & Equivalents
33.78% 14.04% 100.00% 85.07%
Securitized
28.39% 0.00% 39.21% 8.96%
Corporate
18.96% 0.00% 67.85% 17.91%
Government
18.87% 0.00% 49.97% 52.24%
Derivative
0.00% 0.00% 18.46% 88.06%
Municipal
0.00% 0.00% 0.16% 85.07%

Bond Geographic Breakdown

Weighting Return Low Return High SBALX % Rank
US
10.36% -0.86% 58.00% 28.36%
Non US
0.46% -54.45% 20.15% 61.19%

Expenses

SBALX - Expenses

Operational Fees

SBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.77% 0.22% 2.89% 88.89%
Management Fee 0.10% 0.10% 1.60% 5.33%
12b-1 Fee 0.25% 0.00% 1.00% 54.35%
Administrative Fee N/A 0.04% 0.25% 64.52%

Sales Fees

SBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.75% 5.75% 20.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SBALX 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.

SBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 224.00% 8.33%

Distributions

SBALX - Distributions

Dividend Yield Analysis

SBALX Category Low Category High SBALX % Rank
Dividend Yield 0.16% 0.00% 9.96% 26.67%

Dividend Distribution Analysis

SBALX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

SBALX Category Low Category High SBALX % Rank
Net Income Ratio 2.69% -1.06% 4.67% 16.67%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SBALX - Fund Manager Analysis

Managers

Kelly Cliff


Start Date

Tenure

Tenure Rank

Dec 30, 2015

4.01

4.0%

Mr. 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
0.06 17.03 5.96 9.6