USAAX: USAA Growth Fund - MutualFunds.com

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USAA Growth

USAAX - Snapshot

Vitals

  • YTD Return 30.7%
  • 3 Yr Annualized Return 15.1%
  • 5 Yr Annualized Return 14.8%
  • Net Assets $2.95 B
  • Holdings in Top 10 40.9%

52 WEEK LOW AND HIGH

$33.81
$20.05
$34.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.91%

SALES FEES

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

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Compare USAAX to Popular U.S. Large-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$66.12

+1.38%

$218.07 B

0.58%

$0.38

29.32%

-

$294.47

+1.41%

$129.99 B

0.56%

$1.63

39.35%

-

$240.41

+1.14%

$125.92 B

0.56%

$1.32

32.72%

-

$123.80

+1.15%

$125.92 B

-

$0.00

31.88%

-

$17.36

+0.99%

$124.79 B

-

$0.00

26.62%

-

USAAX - Profile

Distributions

  • YTD Total Return 30.7%
  • 3 Yr Annualized Total Return 15.1%
  • 5 Yr Annualized Total Return 14.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    USAA Growth Fund
  • Fund Family Name
    USAA
  • Inception Date
    Apr 05, 1971
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Aziz Hamzaogullari

USAAX - Performance

Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 30.7% -68.4% 124.1% 31.20%
1 Yr 29.5% -9.0% 135.4% 32.50%
3 Yr 15.1%* -3.8% 41.0% 60.80%
5 Yr 14.8%* -10.6% 33.4% 50.56%
10 Yr 15.0%* 5.1% 22.1% 37.80%

* Annualized

Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -28.8% 76.0% 98.21%
2018 -15.4% -64.5% 10.6% 70.67%
2017 25.3% -68.7% 64.3% 16.74%
2016 1.2% -56.6% 15.3% 40.02%
2015 -1.1% -82.5% 11.4% 35.76%

Total Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 30.7% -68.4% 124.1% 30.98%
1 Yr 29.5% -12.7% 133.0% 30.07%
3 Yr 15.1%* -5.7% 41.0% 58.01%
5 Yr 14.8%* -11.6% 33.4% 47.79%
10 Yr 15.0%* 5.1% 22.1% 36.55%

* Annualized

Total Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -28.8% 76.0% 98.21%
2018 -15.4% -64.5% 16.5% 80.26%
2017 25.3% -24.8% 64.3% 53.58%
2016 1.2% -56.6% 17.1% 61.26%
2015 -1.1% -38.0% 17.3% 68.18%

NAV & Total Return History


USAAX - Holdings

Concentration Analysis

USAAX Category Low Category High USAAX % Rank
Net Assets 2.95 B 10.3 K 218 B 36.21%
Number of Holdings 95 1 2364 29.73%
Net Assets in Top 10 1.26 B 425 K 89.8 B 38.06%
Weighting of Top 10 40.87% 10.5% 100.0% 69.16%

Top 10 Holdings

  1. Amazon.com Inc 7.58%
  2. Microsoft Corp 5.01%
  3. Visa Inc Class A 4.92%
  4. Facebook Inc A 4.07%
  5. NVIDIA Corp 4.06%
  6. Salesforce.com Inc 3.45%
  7. Alphabet Inc Class C 3.41%
  8. Alibaba Group Holding Ltd ADR 3.22%
  9. Apple Inc 3.01%
  10. PayPal Holdings Inc 2.13%

Asset Allocation

Weighting Return Low Return High USAAX % Rank
Stocks
99.15% 48.25% 116.73% 42.24%
Cash
0.85% -12.08% 51.74% 52.52%
Preferred Stocks
0.00% 0.00% 2.39% 88.39%
Other
0.00% -17.43% 18.94% 88.39%
Convertible Bonds
0.00% 0.00% 6.97% 86.85%
Bonds
0.00% -0.42% 9.62% 86.96%

Stock Sector Breakdown

Weighting Return Low Return High USAAX % Rank
Technology
32.27% 0.00% 53.57% 50.18%
Consumer Cyclical
18.18% 0.00% 48.24% 29.88%
Healthcare
15.12% 0.00% 69.42% 35.21%
Communication Services
13.13% 0.00% 67.67% 45.51%
Financial Services
8.89% 0.00% 41.61% 59.02%
Industrials
6.21% 0.00% 29.16% 40.61%
Consumer Defense
3.17% 0.00% 19.68% 56.76%
Real Estate
2.22% 0.00% 23.28% 32.51%
Basic Materials
0.62% 0.00% 13.33% 63.48%
Energy
0.18% 0.00% 19.81% 28.85%
Utilities
0.00% 0.00% 11.79% 91.67%

Stock Geographic Breakdown

Weighting Return Low Return High USAAX % Rank
US
92.04% 46.80% 116.11% 58.88%
Non US
7.11% 0.00% 36.31% 33.46%

USAAX - Expenses

Operational Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.01% 23.28% 58.79%
Management Fee 0.65% 0.00% 1.50% 57.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.02% 83.02%

Sales Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 464.00% 67.85%

USAAX - Distributions

Dividend Yield Analysis

USAAX Category Low Category High USAAX % Rank
Dividend Yield 0.00% 0.00% 17.98% 88.91%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

USAAX Category Low Category High USAAX % Rank
Net Income Ratio -0.16% -8.87% 2.43% 63.38%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

USAAX - Fund Manager Analysis

Managers

Aziz Hamzaogullari


Start Date

Tenure

Tenure Rank

Jun 04, 2010

10.42

10.4%

Aziz Hamzaogullari is the chief investment officer and founder of the Growth Equity Strategies Team at Loomis, Sayles & Company. He is the portfolio manager of the Loomis Sayles large cap, global and all cap growth strategies, including the Loomis Sayles Growth and Global Growth mutual funds and products outside the US. Aziz is also an executive vice president and a member of the firm’s Board of Directors. He joined Loomis Sayles in 2010 from Evergreen Investments where he was a senior portfolio manager and managing director. Aziz joined Evergreen in 2001, was promoted to director of research in 2003 and portfolio manager in 2006. He was head of Evergreen’s Berkeley Street Growth Equity team and was the founder of the research and investment process. Prior to Evergreen, Aziz was a senior equity analyst and portfolio manager at Manning & Napier Advisors. He has 26 years of investment industry experience. Aziz earned a BS from Bilkent University, Turkey, and an MBA from George Washington University. He is also a member of CFA Society Boston.

D. Scott Tracy


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Mr. Tracy joined RS Investments and has been a member of the RS Growth Team since 2001. Prior to joining RS Investments in 2001, he spent three years at Shoreline Investment Management, the in house asset management arm of Hewlett-Packard. He has also served as an equity analyst at Montgomery Securities. Mr. Tracy holds a B.A. in history from Trinity College and an M.B.A. from the University of California at Berkeley. He is also a Chartered Financial Analyst.

Mannik Dhillon


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

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.

Jason Dahl


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Mr. Dahl is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 9 years prior investment experience. Prior to joining Victory, he was a Portfolio Manager/ Analyst in the Campbell, Cowperthwait division of U.S. Trust Company. Mr. Dahl holds a Bachelor of Science in Economics from SUNY College at New Paltz and a Master of Business Administration from Pace University. Additionally, he is a CFA charterholder.

Scott Kefer


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Mr. Kefer is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 6 years prior investment experience. Prior to joining Victory, he held a similar position in the Campbell, Cowperthwait division of U.S Trust Company. Mr. Kefer holds a Bachelor of Science in Business Management from Skidmore College and is a CFA charterholder.

Melissa Chadwick-Dunn


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Melissa Chadwick-Dunn is an analyst in the RS Growth Group and a principal at RS Investments. Before joining the firm in 2001, she was an equity analyst at Putnam Investments for two years, covering international small-cap stocks. Prior to that, she spent four years in investment banking, working on corporate finance and mergers-and-acquisition transactions for Lehman Brothers and McDaniels S.A. Melissa holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an M.B.A. from the Wharton School of Business.

Michael Koskuba


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Mr. Koskuba is a Senior Portfolio Manager/Analyst of NewBridge. He is a member of the Large Cap Growth Equity Portfolio Management Team. He joined Victory and/or an affiliate in 1999 following 5 years prior investment experience. Prior to joining Victory, he was a Portfolio Manager/ Analyst in the Campbell, Cowperthwait division of U.S. Trust Company. Mr. Koskuba is frequently asked by the financial press for his outlook on the equity markets and on specific securities. He has appeared in a variety of publications and media outlets including: Bloomberg Television, Bloomberg Radio, Bloomberg News, CNBC, Dow Jones, Reuters, Market Watch, The Wall Street Journal and others. Mr. Koskuba holds a Bachelor of Arts in International Studies from Muhlenberg College and a Master of Business Administration in Finance from Fordham University.

Wasif Latif


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Wasif A. Latif, Head of Investments, VictoryShares and Solutions, has co-managed the Fund since July 2019. He is Head of Global Multi-Assets for USAA Asset Management Company and he has worked for the firm since June 2006. Prior to joining USAA Asset Management Company, he was an equity portfolio manager at Deutsche Bank Private Wealth Management (DB PWM) from December 1998 to May 2006, where he was responsible for managing two fund-of-fund products and an international equity fund. Latif was also a member of DB PWM's U.S. Investment Committee responsible for covering the international equity and emerging markets asset classes. Mr. Latif holds a B.S. in finance from University of Indianapolis and a M.B.A. from University of Illinois at Chicago.

Paul Leung


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Paul Leung joined Victory Capital in 2016 in connection with Victory Capital’s acquisition of RS Investments. Prior to joining Victory Capital, Mr. Leung was a member of the RS Growth Team, as an analyst, since 2012. Prior to joining RS Investments in 2012, he worked as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management, from 2002 to 2010, and Citigroup, from 1999 to 2001. Mr. Leung is a CFA Charterholder. Paul earned his bachelor’s degree in economics and business management from Cornell University.

Christopher Clark


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.34

1.3%

Christopher W. Clark has been a co-portfolio manager of the Victory RS Investments Custom Growth Strategy (formerly, the RS Investments Custom Growth Strategy) of the Fund since September 2015. He has worked in investment management since 2001, has been with RS Investments since 2007, has managed investment portfolios since 2014, and has been with Victory Capital since 2016. Before joining RS Investments, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that, he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a B.A. in economics from the University of Virginia. Chris is a CFA Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 52.87 7.78 0.83