C000091155 Fees and Costs — Victory International Fund
Data updated: 2026-07-27
The net expense ratio is 1.35%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.41% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2.0M in broker commissions, 0.0810% of average net assets, and portfolio turnover was 42%.
C000091155 Fees and Expenses
Annual operating expenses and sales charges of C000091155. Prospectus, as of September 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.41% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.35% |
| 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 |
C000091155 Costs Over Time
On $10,000 invested in C000091155, assuming 5% a year before costs, total costs come to $887 over 5 years, cutting the return by 1.50% 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 1.35%) | $142 | $440 | $760 |
| Trading costs (broker commissions) | $9 | $26 | $46 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $150 | $490 | $887 |
| Value after costs | $10,350 | $11,086 | $11,875 |
| Impact on return, per year | 1.50% | 1.50% | 1.50% |
C000091155 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0810%
- Total broker commissions: $2.0M
- Bought from dealers (principal trades, not a cost): $1.8M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $24.5M
- Net income from securities lending: $168K (0.007% of average net assets)
C000091155 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $314K | 21.01% |
| RBC Capital Markets, LLC | $216K | 14.44% |
| UBS Securities LLC | $212K | 14.20% |
| Credit Agricole Securities (USA) Inc. | $153K | 10.22% |
| Jefferies LLC | $135K | 9.05% |
| HSBC Securities (USA) Inc. | $114K | 7.61% |
| Citigroup Global Markets Inc. | $108K | 7.25% |
| J.P. Morgan Securities LLC | $96K | 6.43% |
| BofA Securities, Inc. | $78K | 5.19% |
| Daiwa Capital Markets America Inc. | $69K | 4.59% |
C000091155 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Agricole Securities (USA) Inc. | $1.3M | 70.38% |
| Morgan Stanley & Co. LLC | $541K | 29.62% |
Victory International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| URITX | R6 Shares | 0.86% | none |
| UIIFX | Institiutional Shares | 1.00% | none |
| USIFX | Shares | 1.07% | none |
| C000091155 | USAA International Adviser Shares | 1.35% | — |
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.