VETAX: Victory Sycamore Established Value Fund - MutualFunds.com

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VETAX - Snapshot

Vitals

  • YTD Return 5.0%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 6.6%
  • Net Assets $10.5 B
  • Holdings in Top 10 20.6%

52 WEEK LOW AND HIGH

$41.02
$23.93
$42.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 34.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jun 30, 2017
  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Compare VETAX to Popular U.S. Mid-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$49.22

+1.99%

$23.19 B

1.73%

$0.83

-1.64%

-

$118.58

+2.15%

$17.72 B

1.96%

$2.27

-1.17%

-

$46.68

+2.21%

$17.72 B

-

$0.00

-0.60%

-

$39.54

+2.28%

$12.96 B

1.34%

$0.52

-0.33%

-

$18.32

+1.83%

$12.04 B

2.26%

$0.41

5.90%

-

VETAX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Victory Sycamore Established Value Fund
  • Fund Family Name
    Victory
  • Inception Date
    May 05, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gary Miller

Fund Description

The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities of companies with market capitalizations, at the time of purchase, within the range of companies comprising the Russell MidCap® Value Index. The fund may invest a portion of its assets in equity securities of foreign companies traded in the U.S., including American Depositary Receipts and Global Depositary Receipts (ADRs and GDRs).


VETAX - Performance

Return Ranking - Trailing

Period VETAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -51.1% 609.7% 10.34%
1 Yr -5.2% -30.1% 7.0% 12.89%
3 Yr 2.7%* -11.2% 7.6% 6.65%
5 Yr 6.6%* -4.4% 10.3% 6.68%
10 Yr 10.2%* 2.8% 10.8% 3.75%

* Annualized

Return Ranking - Calendar

Period VETAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.2% -8.1% 40.9% 54.19%
2018 -18.6% -56.9% -2.2% 35.70%
2017 12.2% -62.6% 24.5% 13.84%
2016 18.8% -14.6% 28.1% 20.06%
2015 -9.6% -36.5% 3.4% 50.16%

Total Return Ranking - Trailing

Period VETAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -50.6% 609.7% 10.58%
1 Yr -10.7% -31.5% 7.0% 54.18%
3 Yr 0.7%* -12.1% 7.6% 22.91%
5 Yr 5.3%* -4.7% 10.3% 18.25%
10 Yr 9.6%* 2.8% 10.8% 10.94%

* Annualized

Total Return Ranking - Calendar

Period VETAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.2% -8.1% 40.9% 54.19%
2018 -18.6% -32.7% -2.2% 58.23%
2017 12.2% -5.1% 26.9% 54.24%
2016 18.8% -2.5% 29.0% 35.69%
2015 -9.6% -29.2% 5.0% 79.94%

NAV & Total Return History


VETAX - Holdings

Concentration Analysis

VETAX Category Low Category High VETAX % Rank
Net Assets 10.5 B 5.01 M 23.2 B 6.62%
Number of Holdings 80 3 2412 52.48%
Net Assets in Top 10 2.13 B 471 K 7.51 B 6.15%
Weighting of Top 10 20.57% 4.8% 100.0% 58.33%

Top 10 Holdings

  1. Archer-Daniels Midland Co 2.73%
  2. BorgWarner Inc 2.30%
  3. Avery Dennison Corp 2.25%
  4. Alleghany Corp 2.08%
  5. AGCO Corp 2.06%
  6. Darden Restaurants Inc 1.98%
  7. Owens-Corning Inc 1.86%
  8. Eastman Chemical Co 1.86%
  9. Landstar System Inc 1.80%
  10. Textron Inc 1.77%

Asset Allocation

Weighting Return Low Return High VETAX % Rank
Stocks
98.61% 0.00% 100.20% 48.23%
Cash
1.36% -0.20% 22.76% 51.54%
Other
0.03% 0.00% 4.67% 3.55%
Preferred Stocks
0.00% 0.00% 6.14% 42.79%
Convertible Bonds
0.00% 0.00% 2.04% 40.43%
Bonds
0.00% 0.00% 96.66% 43.97%

Stock Sector Breakdown

Weighting Return Low Return High VETAX % Rank
Industrials
21.29% 0.00% 31.31% 17.49%
Financial Services
14.89% 0.00% 52.90% 78.72%
Consumer Cyclical
13.16% 0.00% 36.07% 43.97%
Technology
12.13% 0.00% 28.41% 20.33%
Consumer Defense
9.24% 0.00% 23.90% 13.71%
Real Estate
7.93% 0.00% 33.60% 48.46%
Healthcare
6.74% 0.00% 38.47% 72.34%
Basic Materials
6.45% 0.00% 20.81% 33.81%
Utilities
3.24% 0.00% 20.47% 78.96%
Energy
2.77% 0.00% 28.28% 60.52%
Communication Services
2.17% 0.00% 25.27% 57.92%

Stock Geographic Breakdown

Weighting Return Low Return High VETAX % Rank
US
95.22% 0.00% 100.00% 49.17%
Non US
3.39% 0.00% 69.95% 45.86%

VETAX - Expenses

Operational Fees

VETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.01% 43.95% 63.08%
Management Fee 0.45% 0.00% 1.25% 11.35%
12b-1 Fee 0.25% 0.00% 1.00% 43.55%
Administrative Fee N/A 0.01% 0.47% 51.74%

Sales Fees

VETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 18.18%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

VETAX 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.

VETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 4.00% 322.00% 34.13%

VETAX - Distributions

Dividend Yield Analysis

VETAX Category Low Category High VETAX % Rank
Dividend Yield 0.00% 0.00% 10.09% 45.86%

Dividend Distribution Analysis

VETAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

VETAX Category Low Category High VETAX % Rank
Net Income Ratio 1.06% -1.16% 4.83% 50.96%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

VETAX - Fund Manager Analysis

Managers

Gary Miller


Start Date

Tenure

Tenure Rank

Jul 31, 1998

22.27

22.3%

Gary Miller is Chief Investment Officer of Sycamore Capital. He is also lead portfolio manager of the Small Cap Value Equity and Mid Cap Value Equity strategies. The Victory Small Cap Value Equity and Mid Cap Value Equity team was renamed Sycamore Capital on April 1, 2015. Sycamore Capital is a Victory Capital investment franchise. Mr. Miller joined Victory Capital in 1987. Prior to his tenure as portfolio manager, he served as an equity research analyst for the Small Cap Value and Mid Cap Value Equity strategies. Mr. Miller holds a B.B.A. in accounting from the University of Cincinnati and an MBA from Xavier University.

Gregory Conners


Start Date

Tenure

Tenure Rank

Mar 01, 2002

18.68

18.7%

Greg Conners is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Conners joined Victory Capital in 1999 with four years’ prior investment experience as a small-cap research analyst with Carillon Advisers. Prior to his tenure as portfolio manager, he served as a research analyst for the Small Cap Value Equity strategy. Mr. Conners holds a B.S. in economics from College of Mount St. Joseph and an MBA from Xavier University.

Jeffrey Graff


Start Date

Tenure

Tenure Rank

Mar 01, 2007

13.68

13.7%

Jeffrey Graff is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Graff joined Victory Capital in 2001 with six years’ prior investment experience. Previously, he was employed as an equity analyst with A.G. Edwards & Sons. He began his career in the investment industry as an equity research associate for Roulston & Company. Mr. Graff holds a B.B.A. from Cleveland State University and an M.Fin. from St. Louis University. He is a CFA® charterholder.Mr. Graff began his investment career in 1994.

James Albers


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.84

7.8%

James Albers is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Albers joined Victory Capital in 2005.Mr. Albers began his investment career in 1997. Previously, he worked as a consultant with Accenture and IBM Global Services. Mr. Albers earned a B.S. and an MBA from the University of Wisconsin. He is a CFA® charterholder.

Michael Rodarte


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.84

7.8%

Michael Rodarte is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Rodarte joined Victory Capital in 2006. Previously, he worked as an analyst with KeyBanc Capital Markets in its corporate and investment banking groups. Mr. Rodarte earned his B.B.A. in finance, economics, and international business from Ohio University. He is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 34.01 7.56 9.34