Victory Science & Technology Fund (Formerly USAA Science & Technology Fund)
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$28.51
$1.22 B
0.00%
1.26%
Vitals
YTD Return
30.7%
1 yr return
34.7%
3 Yr Avg Return
1.6%
5 Yr Avg Return
9.5%
Net Assets
$1.22 B
Holdings in Top 10
39.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 43.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$28.51
$1.22 B
0.00%
1.26%
USTCX - Profile
Distributions
- YTD Total Return 30.7%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.07%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Science & Technology Fund (Formerly USAA Science & Technology Fund)
-
Fund Family NameVictory Portfolios III
-
Inception DateSep 17, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAnn Gallo
Fund Description
USTCX - Performance
Return Ranking - Trailing
Period | USTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.7% | -18.2% | 60.2% | 46.54% |
1 Yr | 34.7% | -21.8% | 62.1% | 31.80% |
3 Yr | 1.6%* | -27.5% | 21.9% | 77.00% |
5 Yr | 9.5%* | -10.4% | 30.7% | 84.77% |
10 Yr | 12.1%* | 2.3% | 26.1% | 84.67% |
* Annualized
Return Ranking - Calendar
Period | USTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.6% | -5.6% | 96.9% | 74.54% |
2022 | -41.9% | -73.9% | -16.4% | 61.03% |
2021 | -17.3% | -44.6% | 51.5% | 89.62% |
2020 | 51.5% | 5.5% | 154.1% | 31.82% |
2019 | 5.9% | -3.0% | 63.7% | 98.94% |
Total Return Ranking - Trailing
Period | USTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.7% | -18.2% | 60.2% | 46.54% |
1 Yr | 34.7% | -21.8% | 62.1% | 31.80% |
3 Yr | 1.6%* | -27.5% | 21.9% | 77.00% |
5 Yr | 9.5%* | -10.4% | 30.7% | 84.77% |
10 Yr | 12.1%* | 2.3% | 26.1% | 84.67% |
* Annualized
Total Return Ranking - Calendar
Period | USTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.6% | -2.3% | 96.9% | 81.48% |
2022 | -41.9% | -67.5% | -5.9% | 77.93% |
2021 | -3.2% | -17.8% | 59.2% | 90.09% |
2020 | 60.5% | 17.5% | 157.5% | 32.32% |
2019 | 37.3% | 7.5% | 66.9% | 64.36% |
NAV & Total Return History
USTCX - Holdings
Concentration Analysis
USTCX | Category Low | Category High | USTCX % Rank | |
---|---|---|---|---|
Net Assets | 1.22 B | 4.67 M | 81.2 B | 48.62% |
Number of Holdings | 273 | 10 | 321 | 3.21% |
Net Assets in Top 10 | 469 M | 1.67 M | 56.8 B | 54.13% |
Weighting of Top 10 | 39.58% | 12.6% | 100.0% | 75.23% |
Top 10 Holdings
- NVIDIA CORP 7.79%
- MICROSOFT CORP 7.59%
- META PLATFORMS INC 5.79%
- ALPHABET INC CLASS A 3.52%
- AMAZON COM INC 3.45%
- APPLE INC 3.08%
- SERVICENOW INC 2.54%
- ELI LILLY CO 2.07%
- VARONIS SYSTEMS INC 2.03%
- APPLIED MATERIALS INC 1.71%
Asset Allocation
Weighting | Return Low | Return High | USTCX % Rank | |
---|---|---|---|---|
Stocks | 99.48% | 0.00% | 100.77% | 38.99% |
Cash | 1.34% | 0.00% | 26.97% | 51.38% |
Other | 0.00% | -0.04% | 26.87% | 22.48% |
Preferred Stocks | 0.00% | 0.00% | 8.64% | 47.25% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 36.24% |
Bonds | 0.00% | 0.00% | 88.05% | 35.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | USTCX % Rank | |
---|---|---|---|---|
Technology | 55.56% | 2.80% | 100.00% | 83.49% |
Healthcare | 19.55% | 0.00% | 25.57% | 1.83% |
Communication Services | 10.00% | 0.00% | 97.05% | 46.79% |
Consumer Cyclical | 8.14% | 0.00% | 32.97% | 37.61% |
Financial Services | 3.84% | 0.00% | 38.36% | 51.83% |
Industrials | 1.49% | 0.00% | 38.68% | 48.62% |
Consumer Defense | 0.87% | 0.00% | 5.64% | 5.05% |
Basic Materials | 0.54% | 0.00% | 2.38% | 5.50% |
Utilities | 0.00% | 0.00% | 5.17% | 33.94% |
Real Estate | 0.00% | 0.00% | 15.05% | 50.00% |
Energy | 0.00% | 0.00% | 1.24% | 34.40% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | USTCX % Rank | |
---|---|---|---|---|
US | 98.26% | 0.00% | 100.77% | 39.91% |
Non US | 1.22% | 0.00% | 63.81% | 44.95% |
USTCX - Expenses
Operational Fees
USTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.26% | 0.08% | 5.04% | 30.88% |
Management Fee | 0.66% | 0.03% | 1.95% | 37.16% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 53.78% |
Administrative Fee | 0.15% | 0.00% | 0.50% | 50.00% |
Sales Fees
USTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 35.71% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
USTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
USTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 43.00% | 0.69% | 281.00% | 54.91% |
USTCX - Distributions
Dividend Yield Analysis
USTCX | Category Low | Category High | USTCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.82% | 56.42% |
Dividend Distribution Analysis
USTCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
USTCX | Category Low | Category High | USTCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.07% | -2.30% | 2.08% | 80.84% |
Capital Gain Distribution Analysis
USTCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 16, 2021 | $4.613 | OrdinaryDividend |
Dec 16, 2020 | $1.911 | OrdinaryDividend |
Sep 23, 2020 | $0.055 | OrdinaryDividend |
Dec 18, 2019 | $0.105 | CapitalGainShortTerm |
Dec 18, 2019 | $6.447 | CapitalGainLongTerm |
Dec 11, 2018 | $0.302 | CapitalGainShortTerm |
Dec 11, 2018 | $3.337 | CapitalGainLongTerm |
Dec 11, 2017 | $0.736 | CapitalGainShortTerm |
Dec 11, 2017 | $1.463 | CapitalGainLongTerm |
Dec 28, 2016 | $0.031 | CapitalGainShortTerm |
Dec 09, 2016 | $0.320 | CapitalGainShortTerm |
Dec 09, 2016 | $0.523 | CapitalGainLongTerm |
Dec 09, 2015 | $0.118 | CapitalGainShortTerm |
Dec 09, 2015 | $1.279 | CapitalGainLongTerm |
Dec 29, 2014 | $0.331 | OrdinaryDividend |
Dec 08, 2014 | $0.162 | CapitalGainShortTerm |
Dec 08, 2014 | $2.036 | CapitalGainLongTerm |
Dec 27, 2013 | $0.365 | OrdinaryDividend |
Dec 06, 2013 | $0.362 | CapitalGainShortTerm |
Dec 06, 2013 | $0.830 | CapitalGainLongTerm |
USTCX - Fund Manager Analysis
Managers
Ann Gallo
Start Date
Tenure
Tenure Rank
Aug 31, 2003
18.76
18.8%
Ann C. Gallo, Senior Managing Director, and Global Industry Analyst of Wellington Management, joined as an investment professional in 1998. Prior to that, Ann was a health care analyst with BT Alex. Brown (1995 — 1998). She was an investment banker and a health care analyst at Piper Jaffray in Minneapolis (1992 — 1995). Previously, she was a financial analyst with Citibank N.A. (1991 — 1992) and an accountant with Coopers & Lybrand (1987 — 1989). Ann received her MS from the Massachusetts Institute of Technology and her BS in accounting from Boston College.
Brian Barbetta
Start Date
Tenure
Tenure Rank
Dec 01, 2017
4.5
4.5%
Brian Barbetta, Senior Managing Director, and Global Industry Analyst of Wellington Management, joined the firm as an investment professional in 2012. Mr. Barbetta has been involved in portfolio management and securities analysis for the technology portion of the Fund since December 2017.
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
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.
Paul Leung
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
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
2.92
2.9%
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.
Stephen Bishop
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Stephen J. Bishop is a co-portfolio manager and analyst on the RS Growth Team. Mr. Bishop has been with Victory Capital since 2016, when Victory Capital acquired RS Investments. Mr. Bishop has been a co-portfolio manager on the RS Growth Team since 2007. He joined RS Investment Management Co. LLC in 1996 as a research analyst primarily covering the technology sector, which remains his area of focus today. Prior to joining RS, he worked as an analyst in the corporate finance department of Dean Witter Reynolds, Inc., for two years. Steve holds a B.A. in economics from the University of Notre Dame and an M.B.A. from Harvard Business School.
Jeffrey Wantman
Start Date
Tenure
Tenure Rank
Dec 01, 2019
2.5
2.5%
Eunhak Bae
Start Date
Tenure
Tenure Rank
Dec 01, 2019
2.5
2.5%
Bruce Glazer
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
As a global industry analyst in Global Industry Research, Bruce conducts fundamental research on the computer and business service sectors. His specific areas of analysis include data center outsourcing, transaction/information processing, information technology professional services, and temporary staffing. Education M.B.A.,University of Pennsylvania Experience Joined Wellington Management Company in 1997 Began career in 1990
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 8.19 | 1.41 |