USMIX: USAA Extended Market Index

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USMIX USAA Extended Market Index


Profile

USMIX - Profile

Vitals

  • YTD Return -32.5%
  • 3 Yr Annualized Return -9.3%
  • 5 Yr Annualized Return -6.6%
  • Net Assets $712 M
  • Holdings in Top 10 5.6%

52 WEEK LOW AND HIGH

$13.50
$12.25
$21.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.41%

SALES FEES

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

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -32.5%
  • 3 Yr Annualized Total Return -9.3%
  • 5 Yr Annualized Total Return -6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    USAA Extended Market Index Fund
  • Fund Family Name
    Victory Capital
  • Inception Date
    Oct 27, 2000
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wasif Latif

Fund Description

The fund's principal investment strategy is, under normal market conditions, to invest at least 80% of its assets in securities or other financial instruments of companies that are components of, or have economic characteristics similar to, the securities included in the index. The index is a market cap-weighted index consisting of the small and mid-cap companies in the U.S. equity market.


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Categories

Performance

USMIX - Performance

Return Ranking - Trailing

Period USMIX Return Category Return Low Category Return High Rank in Category (%)
YTD -32.5% -45.0% 1.0% 54.70%
1 Yr -28.6% -62.3% 28.1% 45.22%
3 Yr -9.3%* -29.9% 9.6% 30.60%
5 Yr -6.6%* -22.2% 9.7% 25.32%
10 Yr 1.8%* -11.6% 11.9% 22.75%

* Annualized

Return Ranking - Calendar

Period USMIX Return Category Return Low Category Return High Rank in Category (%)
2019 24.0% -23.6% 35.6% 45.35%
2018 -15.0% -44.3% -1.3% 27.76%
2017 9.5% -13.5% 18.9% 38.87%
2016 8.0% -16.4% 23.6% 67.57%
2015 -10.9% -40.7% -0.7% 52.77%

Total Return Ranking - Trailing

Period USMIX Return Category Return Low Category Return High Rank in Category (%)
YTD -32.5% -45.0% 1.0% 54.70%
1 Yr -28.6% -62.3% 28.1% 45.22%
3 Yr -9.3%* -29.9% 9.6% 48.90%
5 Yr -6.6%* -21.9% 9.7% 65.82%
10 Yr 1.8%* -8.9% 11.9% 69.46%

* Annualized

Total Return Ranking - Calendar

Period USMIX Return Category Return Low Category Return High Rank in Category (%)
2019 24.0% -23.6% 35.6% 45.35%
2018 -15.0% -44.3% 0.1% 45.67%
2017 9.5% -8.7% 24.9% 79.40%
2016 8.0% -4.7% 26.2% 82.63%
2015 -10.9% -40.3% 3.9% 78.72%

NAV & Total Return History


Holdings

USMIX - Holdings

Concentration Analysis

USMIX Category Low Category High USMIX % Rank
Net Assets 712 M 728 K 103 B 44.75%
Number of Holdings 1662 1 3264 2.49%
Net Assets in Top 10 44.5 M 161 K 7.5 B 65.75%
Weighting of Top 10 5.62% 2.3% 100.0% 98.62%

Top 10 Holdings

  1. Tesla Inc 1.15%
  2. Blackstone Group Inc 0.83%
  3. Uber Technologies Inc 0.65%
  4. Russ 2000 Idx Fut Mar20 0.49%
  5. Palo Alto Networks Inc 0.46%
  6. Liberty Broadband Corp A 0.45%
  7. CoStar Group Inc 0.44%
  8. Splunk Inc 0.43%
  9. DexCom Inc 0.37%
  10. Seattle Genetics Inc 0.37%

Asset Allocation

Weighting Return Low Return High USMIX % Rank
Stocks
99.51% 82.68% 100.49% 27.62%
Cash
0.49% -4.60% 16.47% 69.61%
Preferred Stocks
0.00% 0.00% 3.76% 81.49%
Other
0.00% -6.55% 7.21% 81.22%
Convertible Bonds
0.00% 0.00% 0.32% 80.39%
Bonds
0.00% 0.00% 5.39% 82.04%

Stock Sector Breakdown

Weighting Return Low Return High USMIX % Rank
Technology
17.88% 3.16% 29.60% 30.94%
Financial Services
16.62% 1.64% 50.76% 33.43%
Healthcare
13.01% 1.94% 24.89% 20.44%
Industrials
12.57% 3.30% 47.98% 78.18%
Real Estate
12.06% 0.00% 30.44% 6.91%
Consumer Cyclical
11.03% 4.27% 39.52% 72.93%
Communication Services
4.67% 0.00% 31.30% 20.17%
Basic Materials
3.53% 0.00% 9.91% 62.15%
Consumer Defense
3.33% 0.00% 13.73% 68.51%
Energy
2.68% 0.00% 21.15% 57.18%
Utilities
2.63% 0.00% 14.58% 77.90%

Stock Geographic Breakdown

Weighting Return Low Return High USMIX % Rank
US
98.37% 81.04% 100.18% 21.55%
Non US
1.14% 0.00% 15.20% 75.97%

Expenses

USMIX - Expenses

Operational Fees

USMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.02% 19.45% 89.86%
Management Fee 0.10% 0.00% 2.00% 6.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.30% 81.90%

Sales Fees

USMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

USMIX 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.

USMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.01% 962.00% 27.09%

Distributions

USMIX - Distributions

Dividend Yield Analysis

USMIX Category Low Category High USMIX % Rank
Dividend Yield 0.00% 0.00% 7.20% 80.28%

Dividend Distribution Analysis

USMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

USMIX Category Low Category High USMIX % Rank
Net Income Ratio 1.06% -6.46% 2.06% 20.17%

Capital Gain Distribution Analysis

USMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

USMIX - Fund Manager Analysis

Managers

Wasif Latif


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.67

0.7%

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.

Mannik Dhillon


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.67

0.7%

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
0.01 32.91 6.04 0.69