VBFIX: Victory Strategic Allocation I

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VBFIX Victory Strategic Allocation I


Profile

VBFIX - Profile

Vitals

  • YTD Return -15.9%
  • 3 Yr Annualized Return -3.4%
  • 5 Yr Annualized Return -1.3%
  • Net Assets $24 M
  • Holdings in Top 10 99.6%

52 WEEK LOW AND HIGH

$14.06
$12.99
$17.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.59%

SALES FEES

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

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -15.9%
  • 3 Yr Annualized Total Return -3.4%
  • 5 Yr Annualized Total Return -1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Victory Strategic Allocation Fund
  • Fund Family Name
    Victory
  • Inception Date
    Aug 31, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kelly Cliff

Fund Description

The fund is a "fund of funds", which means it pursues its investment objective by investing primarily in other investment companies, including exchange-traded funds ("ETFs") ("underlying funds"). It will typically invest in affiliated underlying funds advised by the Adviser ("Victory Funds"). The fund will invest at least 40% of its net assets in underlying funds that will provide the fund with exposure to equity securities and at least 30% of its net assets in underlying funds that will provide the fund with exposure to fixed income securities.


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Categories

Performance

VBFIX - Performance

Return Ranking - Trailing

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.9% -53.1% 14.9% 8.42%
1 Yr -11.6% -60.6% 23.3% 19.07%
3 Yr -3.4%* -34.9% 16.8% 40.99%
5 Yr -1.3%* -23.6% 14.0% 32.87%
10 Yr 1.8%* -10.1% 13.6% 45.63%

* Annualized

Return Ranking - Calendar

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.2% -22.7% 66.4% 78.49%
2018 -10.6% -64.5% 6.7% 16.00%
2017 10.2% -38.9% 80.9% 85.29%
2016 2.3% -23.9% 25.7% 75.63%
2015 -2.7% -45.6% 13.2% 14.60%

Total Return Ranking - Trailing

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.9% -53.1% 14.9% 8.42%
1 Yr -11.6% -60.6% 18.6% 19.07%
3 Yr -3.4%* -29.3% 16.8% 59.82%
5 Yr -1.3%* -23.4% 14.0% 59.98%
10 Yr 1.8%* -9.8% 14.7% 74.67%

* Annualized

Total Return Ranking - Calendar

Period VBFIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.2% -22.2% 66.4% 78.49%
2018 -10.6% -64.5% 6.7% 42.41%
2017 10.2% -20.0% 80.9% 93.06%
2016 2.3% -23.9% 32.0% 89.80%
2015 -2.7% -45.6% 13.2% 51.30%

NAV & Total Return History


Holdings

VBFIX - Holdings

Concentration Analysis

VBFIX Category Low Category High VBFIX % Rank
Net Assets 24 M 21.4 K 45.5 B 77.36%
Number of Holdings 10 1 8457 85.71%
Net Assets in Top 10 25.8 M 21.3 K 29.7 B 71.13%
Weighting of Top 10 99.56% 9.0% 109.6% 10.77%

Top 10 Holdings

  1. Victory RS Global Y 28.83%
  2. Victory Market Neutral Income I 21.18%
  3. Victory INCORE Total Return Bond R6 12.15%
  4. Victory Sophus Emerging Markets Sm Cp Y 8.13%
  5. Victory Trivalent Emerging Mkts Sm-Cp Y 8.10%
  6. VictoryShares International Vol Wtd ETF 7.02%
  7. VictoryShares US Mult-Fctr Mnmm Vltl ETF 7.00%
  8. Victory Integrity Discovery Y 3.60%
  9. VictoryShares US Small Cap Vol Wtd ETF 3.55%

Asset Allocation

Weighting Return Low Return High VBFIX % Rank
Stocks
83.65% 0.00% 259.02% 85.79%
Bonds
10.82% -235.37% 98.52% 17.00%
Cash
5.52% -100.34% 17.48% 20.00%
Other
0.02% -40.50% 73.59% 58.81%
Preferred Stocks
0.00% 0.00% 11.33% 67.23%
Convertible Bonds
0.00% 0.00% 6.82% 74.29%

Stock Sector Breakdown

Weighting Return Low Return High VBFIX % Rank
Financial Services
19.38% 0.00% 48.61% 14.08%
Industrials
13.64% 0.00% 45.85% 19.73%
Technology
12.73% 0.00% 51.17% 82.53%
Consumer Cyclical
11.32% 0.00% 33.38% 19.45%
Healthcare
9.00% 0.00% 54.60% 83.04%
Consumer Defense
8.44% 0.00% 29.68% 19.28%
Communication Services
7.46% 0.00% 35.16% 65.18%
Basic Materials
5.82% 0.00% 36.84% 8.31%
Energy
4.63% 0.00% 85.32% 37.37%
Utilities
4.35% 0.00% 73.52% 21.09%
Real Estate
3.21% 0.00% 50.28% 71.45%

Stock Geographic Breakdown

Weighting Return Low Return High VBFIX % Rank
Non US
42.98% 0.00% 199.70% 21.07%
US
40.67% -0.03% 77.34% 87.91%

Bond Sector Breakdown

Weighting Return Low Return High VBFIX % Rank
Cash & Equivalents
33.78% -0.83% 100.00% 55.18%
Securitized
28.39% 0.00% 45.77% 3.57%
Corporate
18.96% -16.37% 100.00% 44.25%
Government
18.87% 0.00% 98.52% 57.28%
Derivative
0.00% -0.66% 92.99% 58.87%
Municipal
0.00% 0.00% 27.51% 66.01%

Bond Geographic Breakdown

Weighting Return Low Return High VBFIX % Rank
US
10.36% -27.01% 98.52% 14.12%
Non US
0.46% -4.62% 20.45% 56.78%

Expenses

VBFIX - Expenses

Operational Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 45.88% 65.75%
Management Fee 0.10% 0.00% 1.50% 33.66%
12b-1 Fee 0.00% 0.00% 1.00% 5.63%
Administrative Fee N/A 0.01% 0.47% 58.06%

Sales Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

VBFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 2053.00% 8.09%

Distributions

VBFIX - Distributions

Dividend Yield Analysis

VBFIX Category Low Category High VBFIX % Rank
Dividend Yield 0.00% 0.00% 37.77% 36.99%

Dividend Distribution Analysis

VBFIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

VBFIX Category Low Category High VBFIX % Rank
Net Income Ratio 2.90% -7.55% 13.14% 6.13%

Capital Gain Distribution Analysis

VBFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

VBFIX - Fund Manager Analysis

Managers

Kelly Cliff


Start Date

Tenure

Tenure Rank

Dec 30, 2015

4.17

4.2%

Mr. Cliff has been the President, Investment Franchises of Victory since 2014. Prior to joining Victory, Mr. Cliff spent 22 years with Callan Associates, most recently serving as the chief investment officer of public markets and co-lead of the Global Manager Research Group. Mr. Cliff is a CFA and CAIA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.52 4.79 0.16