Victory Nasdaq-100 Index Fund (Formerly USAA Nasdaq-100 Index Fund)
Fund
URNQX
Price as of:
$51.95
- $0.04
- 0.08%
Primary Theme
fund company
Name
As of 11/20/2024Price
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
$51.95
$6.79 B
0.57%
$0.29
0.29%
Vitals
YTD Return
23.4%
1 yr return
30.4%
3 Yr Avg Return
8.2%
5 Yr Avg Return
20.7%
Net Assets
$6.79 B
Holdings in Top 10
49.9%
52 WEEK LOW AND HIGH
$52.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
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
$51.95
$6.79 B
0.57%
$0.29
0.29%
URNQX - Profile
Distributions
- YTD Total Return 23.4%
- 3 Yr Annualized Total Return 8.2%
- 5 Yr Annualized Total Return 20.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Nasdaq-100 Index Fund (Formerly USAA Nasdaq-100 Index Fund)
-
Fund Family NameVictory Portfolios III
-
Inception DateMar 02, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMannik Dhillon
Fund Description
The Fund’s principal investment strategy is, under normal market conditions, to invest at least 80% of the Fund’s assets in the common stocks of companies composing the Index. This strategy may be changed upon 60 days’ prior written notice to shareholders. The Index is an index composed of 100 of the largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization.In seeking to track the performance of the Index, the Fund will normally invest in all the common stocks of companies in the Index in roughly the same proportions as their weightings in the index. While the Fund attempts to replicate the Index, there may be times when the Fund and the Index do not match exactly. At times, the Fund may purchase a stock not included in the Index when it believes doing so would be a cost-efficient way of approximating the Index’s performance, for example, in anticipation of a stock being added to the Index. To the extent that the Index concentrates in the securities of a particular industry or group of industries, the Fund will similarly concentrate its investments. As of the date of this Prospectus, the Fund’s investments are not concentrated in any industry or group of industries, although the Fund’s investments are more focused in the technology sectors, consistent with the Index.The Fund is non-diversified and expects to hold a larger portion of its assets in a smaller number of issuers.
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URNQX - Performance
Return Ranking - Trailing
| Period | URNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.4% | -0.3% | 50.1% | 72.02% |
| 1 Yr | 30.4% | 3.3% | 68.8% | 74.64% |
| 3 Yr | 8.2%* | -25.9% | 24.2% | 20.11% |
| 5 Yr | 20.7%* | -14.0% | 29.6% | 4.75% |
| 10 Yr | N/A* | -4.9% | 19.8% | 0.67% |
* Annualized
Return Ranking - Calendar
| Period | URNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 50.5% | -74.1% | 72.4% | 5.34% |
| 2022 | -35.2% | -85.9% | 4.7% | 57.64% |
| 2021 | 21.4% | -52.4% | 60.5% | 12.92% |
| 2020 | 46.1% | -34.3% | 145.0% | 11.75% |
| 2019 | 37.7% | -6.9% | 49.4% | 1.72% |
Total Return Ranking - Trailing
| Period | URNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.4% | -0.3% | 50.1% | 72.02% |
| 1 Yr | 30.4% | 3.3% | 68.8% | 74.64% |
| 3 Yr | 8.2%* | -25.9% | 24.2% | 20.11% |
| 5 Yr | 20.7%* | -14.0% | 29.6% | 4.75% |
| 10 Yr | N/A* | -4.9% | 19.8% | 0.67% |
* Annualized
Total Return Ranking - Calendar
| Period | URNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 54.6% | -4.6% | 72.4% | 2.17% |
| 2022 | -32.6% | -61.7% | 5.6% | 66.30% |
| 2021 | 27.1% | -39.8% | 118.1% | 18.22% |
| 2020 | 48.5% | 2.8% | 149.2% | 16.96% |
| 2019 | 39.0% | -5.2% | 49.4% | 5.87% |
NAV & Total Return History
URNQX - Holdings
Concentration Analysis
| URNQX | Category Low | Category High | URNQX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.79 B | 296 K | 287 B | 27.00% |
| Number of Holdings | 106 | 2 | 3061 | 23.06% |
| Net Assets in Top 10 | 3.31 B | 126 K | 151 B | 29.73% |
| Weighting of Top 10 | 49.88% | 0.7% | 205.0% | 66.21% |
Top 10 Holdings
- APPLE INC 8.96%
- MICROSOFT CORP 8.18%
- NVIDIA CORP 7.57%
- AMAZON COM INC 5.12%
- BROADCOM INC 5.06%
- META PLATFORMS INC 4.36%
- TESLA INC 2.95%
- ALPHABET INC CLASS A 2.65%
- ALPHABET INC CLASS C 2.56%
- COSTCO WHOLESALE CORP 2.48%
Asset Allocation
| Weighting | Return Low | Return High | URNQX % Rank | |
|---|---|---|---|---|
| Stocks | 98.12% | 0.00% | 115.30% | 66.04% |
| Cash | 0.29% | 0.00% | 173.52% | 75.14% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 87.30% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 86.55% |
| Bonds | 0.00% | 0.00% | 102.71% | 86.58% |
| Other | 0.00% | -31.50% | 50.35% | 96.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | URNQX % Rank | |
|---|---|---|---|---|
| Technology | 48.29% | 0.00% | 65.70% | 6.50% |
| Communication Services | 17.03% | 0.00% | 66.40% | 7.94% |
| Consumer Cyclical | 16.99% | 0.00% | 62.57% | 39.80% |
| Healthcare | 6.16% | 0.00% | 39.76% | 96.12% |
| Consumer Defense | 5.49% | 0.00% | 25.50% | 23.10% |
| Industrials | 3.92% | 0.00% | 30.65% | 74.19% |
| Utilities | 1.13% | 0.00% | 16.07% | 15.88% |
| Financial Services | 0.98% | 0.00% | 43.06% | 97.92% |
| Real Estate | 0.00% | 0.00% | 16.05% | 94.68% |
| Energy | 0.00% | 0.00% | 41.09% | 94.22% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 97.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | URNQX % Rank | |
|---|---|---|---|---|
| US | 98.12% | 0.00% | 115.30% | 54.32% |
| Non US | 0.00% | 0.00% | 75.51% | 90.90% |
URNQX - Expenses
Operational Fees
| URNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.29% | 0.01% | 28.71% | 95.84% |
| Management Fee | 0.20% | 0.00% | 1.50% | 4.72% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.05% | 0.01% | 1.02% | 27.25% |
Sales Fees
| URNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| URNQX 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.
| URNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 316.74% | 6.67% |
URNQX - Distributions
Dividend Yield Analysis
| URNQX | Category Low | Category High | URNQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.57% | 0.00% | 27.58% | 18.12% |
Dividend Distribution Analysis
| URNQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| URNQX | Category Low | Category High | URNQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.38% | -6.13% | 3.48% | 9.67% |
Capital Gain Distribution Analysis
| URNQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.294 | OrdinaryDividend |
| Dec 13, 2023 | $0.524 | CapitalGainShortTerm |
| Dec 13, 2023 | $0.327 | CapitalGainLongTerm |
| Dec 21, 2022 | $0.130 | OrdinaryDividend |
| Dec 14, 2022 | $1.078 | OrdinaryDividend |
| Dec 22, 2021 | $0.147 | OrdinaryDividend |
| Dec 16, 2021 | $1.834 | OrdinaryDividend |
| Dec 22, 2020 | $0.173 | OrdinaryDividend |
| Dec 16, 2020 | $0.410 | OrdinaryDividend |
| Dec 27, 2019 | $0.144 | OrdinaryDividend |
| Dec 18, 2019 | $0.079 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.136 | OrdinaryDividend |
| Dec 11, 2018 | $0.006 | CapitalGainShortTerm |
| Dec 27, 2017 | $0.100 | OrdinaryDividend |
| Dec 11, 2017 | $0.046 | CapitalGainShortTerm |
| Dec 11, 2017 | $0.224 | CapitalGainLongTerm |
URNQX - 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 | 54.45 | 8.24 | 3.08 |