Continue to site >
Trending ETFs

Name

As of 03/27/2024

Price

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

$1.00

$3.76 M

4.80%

$0.05

0.62%

Vitals

YTD Return

0.8%

1 yr return

4.6%

3 Yr Avg Return

2.3%

5 Yr Avg Return

1.6%

Net Assets

$3.76 M

Holdings in Top 10

32.4%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 03/27/2024

Price

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

$1.00

$3.76 M

4.80%

$0.05

0.62%

USAXX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Victory Money Market Fund (Formerly USAA Money Market Fund)
  • Fund Family Name
    Victory Portfolios III
  • Inception Date
    Sep 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Cody Perkins

Fund Description

The Fund invests its assets in high-quality, U.S. dollar-denominated, short-term debt securities of domestic and foreign issuers that have been determined to present minimal credit risk and comply with strict Securities and Exchange Commission (“SEC”) guidelines applicable to money market funds.The Fund restricts its investments to instruments that meet certain maturity and quality requirements under the federal securities laws applicable to money market funds. Generally, such investments will be limited to a security with a remaining maturity of 397 calendar days or less that is determined to present minimal credit risk; issued by a money market fund; or issued or guaranteed by the U.S. government or any agency or instrumentality thereof.Under applicable federal securities laws, money market funds that qualify as “retail” (retail money market funds) or “government” (government money market funds) are permitted to utilize amortized cost to value their portfolio securities and to transact at a stable $1 NAV per share. The Fund operates as a retail money market fund in compliance with the requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended; and as a retail money market fund, shares of the Fund are available for sale only to accounts that are beneficially owned by natural persons.
Read More

USAXX - Performance

Return Ranking - Trailing

Period USAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% 0.0% 1.8% 93.05%
1 Yr 4.6% 0.5% 5.7% 80.70%
3 Yr 2.3%* 0.7% 2.6% 57.99%
5 Yr 1.6%* 0.6% 110.5% 74.63%
10 Yr 1.0%* 0.3% 32.0% 54.46%

* Annualized

Return Ranking - Calendar

Period USAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 87.06%
2022 0.0% 0.0% 1.2% 90.08%
2021 0.0% 0.0% 0.0% 90.32%
2020 0.0% 0.0% 0.4% 91.47%
2019 0.0% 0.0% 2.0% 91.10%

Total Return Ranking - Trailing

Period USAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% 0.0% 1.8% 93.05%
1 Yr 4.6% 0.5% 5.7% 80.70%
3 Yr 2.3%* 0.7% 2.6% 57.99%
5 Yr 1.6%* 0.6% 110.5% 74.63%
10 Yr 1.0%* 0.3% 32.0% 54.46%

* Annualized

Total Return Ranking - Calendar

Period USAXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% 0.8% 5.9% 23.13%
2022 1.5% 0.0% 1.8% 10.69%
2021 0.0% 0.0% 1.9% 32.80%
2020 0.5% 0.0% 3.0% 25.59%
2019 1.1% 0.0% 3797.9% 78.22%

NAV & Total Return History


USAXX - Holdings

Concentration Analysis

USAXX Category Low Category High USAXX % Rank
Net Assets 3.76 M 818 K 211 B 99.76%
Number of Holdings 77 1 346 29.93%
Net Assets in Top 10 597 M -343 K 163 B 80.29%
Weighting of Top 10 32.40% 22.7% 100.0% 96.33%

Top 10 Holdings

  1. Unknown 24.72%
  2. Unknown 24.72%
  3. Unknown 24.72%
  4. Unknown 24.72%
  5. Unknown 24.72%
  6. Unknown 24.72%
  7. Unknown 24.72%
  8. Unknown 24.72%
  9. Unknown 24.72%
  10. Ecr Cash 8.33%

Asset Allocation

Weighting Return Low Return High USAXX % Rank
Cash
78.49% 25.56% 100.00% 38.15%
Bonds
21.50% 0.00% 74.44% 59.95%
Stocks
0.00% 0.00% 0.00% 90.05%
Preferred Stocks
0.00% 0.00% 0.00% 90.05%
Other
0.00% -1.67% 0.04% 88.86%
Convertible Bonds
0.00% 0.00% 21.22% 91.47%

Bond Sector Breakdown

Weighting Return Low Return High USAXX % Rank
Cash & Equivalents
78.49% 0.00% 100.00% 36.73%
Municipal
12.05% 0.00% 22.71% 2.84%
Corporate
6.20% 0.00% 100.00% 6.87%
Government
3.26% 0.00% 44.01% 86.97%
Derivative
0.00% 0.00% 0.00% 90.05%
Securitized
0.00% 0.00% 1.75% 90.52%

Bond Geographic Breakdown

Weighting Return Low Return High USAXX % Rank
US
20.42% 0.00% 72.86% 63.98%
Non US
1.08% 0.00% 3.41% 1.42%

USAXX - Expenses

Operational Fees

USAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.08% 4.53% 21.72%
Management Fee 0.24% 0.03% 0.50% 80.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.55% 66.52%

Sales Fees

USAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

USAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

USAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

USAXX - Distributions

Dividend Yield Analysis

USAXX Category Low Category High USAXX % Rank
Dividend Yield 4.80% 0.00% 5.54% 83.41%

Dividend Distribution Analysis

USAXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

USAXX Category Low Category High USAXX % Rank
Net Income Ratio 0.01% -1.09% 1.67% 74.08%

Capital Gain Distribution Analysis

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

Distributions History

View More +

USAXX - Fund Manager Analysis

Managers

Cody Perkins


Start Date

Tenure

Tenure Rank

Dec 01, 2018

3.5

3.5%

Cody Perkins , CFA, Victory Capital Senior Portfolio Manager – USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since October 2018. Mr. Perkins has 24 years of investment management experience, 18 years of which were with AMCO, which was acquired by the Adviser’s parent company in 2019. He holds the Chartered Financial Analyst (“CFA”) designation and is a member of the CFA Institute and the CFA Society of San Antonio.

Andrew Hattman


Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.92

2.9%

Andrew Hattman, CFA, CAIA, Victory Capital Portfolio Manager--USAA Investments, a Victory Capital investment franchise, has eight years of investment management experience, all of which have been with USAA Asset Management Company (AMCO), which was acquired by the Adviser's parent company in 2019. Mr. Hattman holds CFA and CAIA designations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 14.93 19.01