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USAWX USAA World Growth

  • Fund
  • USAWX
  • Price as of: May 14, 2019
  • $31.20 + $0.27 + 0.87%
  • Category
  • Global Equities

USAWX - Profile

Vitals

  • YTD Return 14.5%
  • 3 Yr Annualized Return 5.2%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $1.37 B
  • Holdings in Top 10 27.0%

52 WEEK LOW AND HIGH

$31.20
$26.04
$33.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

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

BROKERAGE FEES

  • Turnover 10.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 14.5%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.98%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 14.5% -24.9% 27.3% 26.55%
1 Yr -2.9% -71.8% 9.0% 22.94%
3 Yr 5.2%* -31.6% 24.3% 44.62%
5 Yr 2.5%* -22.2% 14.3% 31.89%
10 Yr 9.4%* -9.8% 14.0% 18.20%

* Annualized


Return Ranking - Calendar

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.6% -73.8% -0.3% 45.74%
2017 18.6% -19.8% 49.8% 49.55%
2016 4.1% -73.5% 24.7% 38.45%
2015 -4.4% -27.7% 17.2% 50.52%
2014 1.1% -40.2% 18.4% 31.30%

Total Return Ranking - Trailing

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -24.9% 27.3% 26.55%
1 Yr -2.9% -71.8% 13.8% 36.98%
3 Yr 5.2%* -31.4% 24.3% 66.67%
5 Yr 2.5%* -22.2% 17.8% 60.41%
10 Yr 9.4%* -9.8% 15.6% 43.55%

* Annualized


Total Return Ranking - Calendar

Period USAWX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.6% -73.8% 1.8% 60.85%
2017 18.6% -10.3% 53.2% 69.78%
2016 4.1% -21.0% 26.9% 54.07%
2015 -4.4% -26.7% 18.6% 69.03%
2014 1.1% -23.9% 18.4% 54.99%

NAV & Total Return History

USAWX - Holdings

Concentration Analysis

USAWX Category Low Category High USAWX % Rank
Net Assets 1.37 B 4.87 M 97.7 B 27.41%
Number of Holdings 89 2 8051 42.65%
Net Assets in Top 10 357 M 595 K 17.1 B 27.19%
Weighting of Top 10 26.97% 7.1% 166.4% 56.70%

Top 10 Holdings

  1. Thermo Fisher Scientific Inc 3.23%

  2. Visa Inc Class A 3.13%

  3. Comcast Corp Class A 2.93%

  4. Medtronic PLC 2.80%

  5. Nestle SA 2.76%

  6. Accenture PLC Class A 2.65%

  7. LVMH Moet Hennessy Louis Vuitton SE 2.44%

  8. Honeywell International Inc 2.44%

  9. Essity AB Class B 2.32%

  10. Diageo PLC 2.28%


Asset Allocation

Weighting Return Low Return High USAWX % Rank
Stocks
99.83% 0.00% 105.59% 8.12%
Cash
0.17% -0.45% 49.39% 88.66%
Preferred Stocks
0.00% 0.00% 9.00% 91.88%
Other
0.00% -1.69% 25.01% 90.85%
Convertible Bonds
0.00% 0.00% 25.21% 90.08%
Bonds
0.00% -13.91% 99.46% 89.43%

Stock Sector Breakdown

Weighting Return Low Return High USAWX % Rank
Healthcare
19.62% 0.00% 26.87% 4.91%
Industrials
18.02% 0.00% 80.34% 11.76%
Consumer Defense
17.75% -0.72% 40.44% 8.66%
Financial Services
12.73% 0.00% 41.91% 57.36%
Consumer Cyclical
11.96% 0.00% 57.09% 47.16%
Technology
10.15% 0.00% 73.44% 74.55%
Basic Materials
5.95% 0.00% 33.77% 23.51%
Communication Services
2.93% 0.00% 42.19% 38.24%
Energy
0.71% 0.00% 52.81% 80.36%
Utilities
0.00% 0.00% 89.43% 96.12%
Real Estate
0.00% -0.30% 97.30% 95.74%

Stock Geographic Breakdown

Weighting Return Low Return High USAWX % Rank
US
54.82% 0.00% 96.55% 34.15%
Non US
45.01% 0.00% 99.77% 47.81%

USAWX - Expenses

Operational Fees

USAWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.01% 164.00% 66.49%
Management Fee 0.76% 0.00% 1.50% 53.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.47% 84.36%

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 10.00% 0.00% 1856.00% 6.72%

USAWX - Distributions

Dividend Yield Analysis

USAWX Category Low Category High USAWX % Rank
Dividend Yield 0.01% 0.00% 0.76% 45.17%

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 0.98% -1.68% 6.88% 42.01%

Capital Gain Distribution Analysis

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

USAWX - Managers

Roger M. Morley

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2009

9.58

9.6%

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

2.58

2.6%

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


Tenure Analysis

Category Low

0.0

Category High

36.68

Category Average

6.69

Category Mode

6.95