C000091161 Fees and Costs — Victory Short-Term Bond Fund
Data updated: 2026-09-29
The net expense ratio is 0.73%: a 0.20% management fee, a 0.25% 12b-1 fee plus 0.34% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 43%.
C000091161 Fees and Expenses
Annual operating expenses and sales charges of C000091161. Prospectus, as of November 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.73% |
| 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 |
C000091161 Costs Over Time
On $10,000 invested in C000091161, assuming 5% a year before costs, total costs come to $459 over 5 years, cutting the return by 0.77% 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 0.73%) | $77 | $240 | $417 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $252 | $459 |
| Value after costs | $10,423 | $11,325 | $12,304 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000091161 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): $7.7B
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $10.4M
- Net income from securities lending: $34K (0.001% of average net assets)
C000091161 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.3B | 18.28% |
| BofA Securities, Inc. | $1.3B | 18.06% |
| Wells Fargo Securities, LLC | $864.3M | 12.32% |
| Goldman Sachs & Co. LLC | $779.2M | 11.11% |
| RBC Capital Markets, LLC | $746.0M | 10.63% |
| MUFG Securities Americas Inc. | $723.5M | 10.31% |
| Mizuho Securities USA LLC | $530.5M | 7.56% |
| Citigroup Global Markets Inc. | $461.3M | 6.58% |
| Truist Securities, Inc. | $218.8M | 3.12% |
| Barclays Capital Inc. | $142.4M | 2.03% |
Victory Short-Term Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| URSBX | Class R6 | 0.33% | none |
| UISBX | Institutional Shares | 0.46% | none |
| USSBX | Shares | 0.55% | none |
| C000091161 | Short-Term Bond Fund Adviser Shares | 0.73% | — |
| UASBX | Class A | 0.74% | 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.