C000091152 Fees and Costs — Victory Income Fund, Income Fund Adviser Shares
Data updated: 2026-09-29
The net expense ratio is 0.77%: a 0.24% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 17%.
C000091152 Fees and Expenses
Annual operating expenses and sales charges of C000091152. Prospectus, as of November 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000091152 Costs Over Time
On $10,000 invested in C000091152, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.77%) | $81 | $253 | $440 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
C000091152 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.7B
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $23.5M
- Net income from securities lending: $126K (0.003% of average net assets)
C000091152 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $781.4M | 18.73% |
| Mizuho Securities USA LLC | $770.3M | 18.46% |
| J.P. Morgan Securities LLC | $656.6M | 15.74% |
| State Street Global Markets, LLC | $641.0M | 15.37% |
| Citigroup Global Markets Inc. | $409.1M | 9.81% |
| BofA Securities, Inc. | $308.7M | 7.40% |
| Truist Securities, Inc. | $189.5M | 4.54% |
| Goldman Sachs & Co. LLC | $163.7M | 3.92% |
| RBC Capital Markets, LLC | $136.8M | 3.28% |
| Barclays Capital Inc. | $114.6M | 2.75% |
Victory Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| URIFX | Class R6 | 0.43% | none |
| UIINX | Institutional Shares | 0.53% | none |
| USAIX | Shares | 0.58% | none |
| C000091152 | Income Fund Adviser Shares | 0.77% | — |
| UINCX | Class A | 0.82% | 2.25% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.