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

USAWX USAA World Growth

  • Fund
  • USAWX
  • Price as of: Sep 17, 2019
  • $33.15 + $0.13 + 0.39%

USAWX - Profile

Vitals

  • YTD Return 21.7%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $1.35 B
  • Holdings in Top 10 27.8%

52 WEEK LOW AND HIGH

$33.15
$26.04
$33.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.09%

SALES FEES

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

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return 21.7%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name USAA World Growth Fund
  • Fund Family Name USAA
  • Inception Date Oct 01, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Roger M. Morley

Fund Description

The USAA World Growth Fund (USAWX) is a low-cost, actively managed fund that aims to grow investor capital. The fund invests in a mix of foreign and domestic stocks, holding primarily large-cap equities. USAWX uses various fundamental metrics to identify stocks that have the potential for growth while still adhering to various value fundamentals.

Given its low costs and broad mandate of holding both foreign and domestic stocks, USAWX makes for a great core holding. The fund is managed by MFS Investment Management and Massachusetts Financial Services Co.

USAWX - Performance

Return Ranking - Trailing

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.7% -17.3% 31.6% 12.61%
1 Yr 0.5% -38.1% 10.2% 21.92%
3 Yr 6.3%* -8.4% 13.2% 32.03%
5 Yr 3.4%* -15.8% 25.8% 23.38%
10 Yr 7.5%* -4.4% 12.2% 12.34%

* Annualized


Return Ranking - Calendar

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.6% -44.4% -0.2% 52.70%
2017 18.6% -6.5% 37.7% 46.85%
2016 4.1% -27.8% 201.4% 41.07%
2015 -4.4% -24.9% 18.9% 49.37%
2014 1.1% -21.1% 11.4% 25.09%

Total Return Ranking - Trailing

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.7% -17.3% 31.6% 12.61%
1 Yr 0.5% -38.1% 12.4% 37.67%
3 Yr 6.3%* -8.4% 17.5% 57.38%
5 Yr 3.4%* -10.1% 25.8% 56.17%
10 Yr 7.5%* -1.5% 13.5% 44.16%

* Annualized


Total Return Ranking - Calendar

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.6% -44.4% 1.8% 73.04%
2017 18.6% -6.5% 41.7% 60.82%
2016 4.1% -10.3% 201.4% 65.77%
2015 -4.4% -17.9% 19.6% 63.84%
2014 1.1% -21.1% 11.4% 51.94%

NAV & Total Return History

USAWX - Holdings

Concentration Analysis

USAWX Category Low Category High USAWX % Rank
Net Assets 1.35 B 25.3 K 14.8 B 19.14%
Number of Holdings 92 1 686 33.19%
Net Assets in Top 10 385 M 279 K 7.3 B 23.36%
Weighting of Top 10 27.84% 7.6% 100.2% 62.23%

Top 10 Holdings

  1. Thermo Fisher Scientific Inc 3.32%

  2. Visa Inc Class A 3.28%

  3. Comcast Corp Class A 2.99%

  4. Medtronic PLC 2.98%

  5. Nestle SA 2.77%

  6. Accenture PLC Class A 2.73%

  7. LVMH Moet Hennessy Louis Vuitton SE 2.68%

  8. Honeywell International Inc 2.56%

  9. The Walt Disney Co 2.30%

  10. Essity AB Class B 2.24%


Asset Allocation

Weighting Return Low Return High USAWX % Rank
Stocks
99.40% 78.94% 100.63% 19.65%
Cash
0.59% -0.63% 19.79% 75.11%
Preferred Stocks
0.00% 0.00% 7.56% 67.47%
Other
0.00% -2.04% 7.34% 67.03%
Convertible Bonds
0.00% 0.00% 2.64% 62.23%
Bonds
0.00% -3.72% 12.87% 65.07%

Stock Sector Breakdown

Weighting Return Low Return High USAWX % Rank
Healthcare
20.28% 0.00% 31.84% 6.99%
Industrials
17.97% 1.22% 46.12% 11.57%
Consumer Defense
16.55% 0.00% 47.39% 10.48%
Financial Services
13.00% 0.00% 30.83% 74.89%
Consumer Cyclical
12.63% 1.01% 32.40% 34.50%
Technology
9.29% 0.00% 38.34% 74.45%
Basic Materials
6.08% 0.00% 26.45% 21.83%
Communication Services
2.99% 0.00% 15.01% 54.15%
Energy
0.61% 0.00% 15.04% 76.86%
Utilities
0.00% 0.00% 30.47% 89.08%
Real Estate
0.00% 0.00% 22.93% 88.65%

Stock Geographic Breakdown

Weighting Return Low Return High USAWX % Rank
US
55.87% 2.88% 70.84% 31.44%
Non US
43.53% 24.61% 88.67% 52.84%

USAWX - Expenses

Operational Fees

USAWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.01% 928.63% 64.59%
Management Fee 0.75% 0.00% 1.25% 61.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.60% 79.92%

Sales Fees

USAWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.08% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

USAWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.08% 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.

USAWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 0.00% 217.51% 3.08%

USAWX - Distributions

Dividend Yield Analysis

USAWX Category Low Category High USAWX % Rank
Dividend Yield 0.83% 0.00% 6.57% 44.52%

Dividend Distribution Analysis

USAWX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

USAWX Category Low Category High USAWX % Rank
Net Income Ratio 1.09% -2.10% 9.20% 56.79%

Capital Gain Distribution Analysis

USAWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

USAWX - Managers

Roger M. Morley

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2009

9.92

9.9%

Roger M. Morley is an investment officer and portfolio manager of Massachusetts Financial Services Company d/b/a MFS Investment Management (MFS). Roger joined MFS as a research analyst in 2002. Prior to joining the firm, he worked in London for Deutsche Bank AG (formerly Bankers Trust Company and Alex. Brown & Sons), first as a financial analyst in the technology and media group and then as an associate in the health care group of the Global Investment Banking Department. He is a graduate of St Catharine's College, University of Cambridge, where he earned a Master of Arts degree in history. Roger also earned a Master of Business Administration degree from INSEAD in Fontainebleau, France.


Ryan P. McAllister

Manager

Start Date

Tenure

Tenure Rank

Sep 30, 2016

2.92

2.9%

Ryan McAllister, Investment Officer and Portfolio Manager, has been employed in the investment area of MFS since 2007.


Wasif A. Latif

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.17

0.2%

Wasif A. Latif 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.


U-Wen Kok

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.17

0.2%

U-Wen Kok is the Chief Investment Officer of the RS Developed Markets team. U-Wen has been the portfolio manager since 2013. Prior to joining RS Investments in 2013, U-Wen was a portfolio manager at RBC Global Asset Management for their North American and Global equity products from January 2012 to October 2012. From August 2009 through May 2010, she provided portfolio management consulting services to BMO Asset Management. From 2001 to 2008, she was lead portfolio manager for two domestic active growth and value equity funds at Barclays Global Investors. For six years prior to that, she was a manager of Canadian quantitative active equity portfolios at the Ontario Teachers Pension Plan Board. U-Wen holds a B.A. in economics and political science from the University of Toronto and is a CFA Charterholder.


Adam Mezan

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.17

0.2%

Adam Mezan has been a member of the RS Developed Markets team since 2014 and has been an associate portfolio manager/analyst of the Fund since May 2018. Prior to joining RS Investments in 2014, Mr. Mezan worked at Nomura Asset Management in London, covering global industrials and auto sectors. Previously, he worked at CIBC World Markets, performing fundamental research on North American business/industrial services companies. Mr. Mezan holds a BA from Duke University and an MBA from the University of Chicago. Mr. Mezan is a CFA charterholder.


Mannik Dhillon

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.17

0.2%

Mr. Dhillon, CFA® and CAIA®, serves as President, VictoryShares and Solutions, for Victory Capital Management Inc. From 2015-2017, he served as the Adviser's Head of Investment Solutions, Product, and Strategy. From 2010 to 2015, Mr. Dhillon served as a managing director and head of manager research with Wilshire Associates, where he evaluated asset managers and led strategic consulting engagements.


Tenure Analysis

Category Low

0.1

Category High

34.24

Category Average

4.91

Category Mode

7.29