Victory Emerging Markets Fund
Data updated: 2026-07-27
C000091166 — Victory Emerging Markets Fund. Emerging Markets Large Cap Blend / Core Energy Equity · $823.59M AUM. Holdings, fees, performance and SEC filings.
C000091166 Fund Overview
Victory Emerging Markets Fund is a US mutual fund managed by Victory Portfolios III, categorised as Emerging Markets Large Cap Blend / Core Energy Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Victory Portfolios III
- Category: Emerging Markets Large Cap Blend / Core Energy Equity
- Assets under management: $823.59M
- SEC CIK: 0000908695
- SEC series ID: S000012927
- Share class ID: C000091166
C000091166 Investment Objective and Strategy
Victory Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Victory Portfolios III.
Investment objective
The Victory Emerging Markets Fund (the Fund) seeks capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of emerging market companies. The Fund ordinarily determines whether an issuer is an emerging market company according to the issuers country of risk as determined by Bloomberg. Bloomberg determines the issuers country of risk based on a number of criteria, including its country of domicile, the primary stock exchange on which it trades, the location from which it derives the majority of its revenue, and its reporting currency. Although we generally rely on an issuers country of risk as determined by Bloomberg, we also may deem an issuer to be an emerging markets issuer if at least 50% of its revenues or profits are derived from operations within emerging markets countries or at least 50% of its assets are located within emerging markets countries.
The equity securities in which the Fund principally invests are common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks. This 80% policy may be changed upon at least 60 days prior written notice to shareholders.
C000091166 Holdings
Top 10 holdings of Victory Emerging Markets Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 11.56% |
| SK hynix Inc. | 10.06% |
| Samsung Electronics Co., Ltd. | 4.82% |
| MediaTek Inc. | 2.49% |
| Tencent Holdings Limited | 2.38% |
| Alibaba Group Holding Limited | 2.19% |
| Elite Material Co., Ltd. | 1.73% |
| Delta Electronics, Inc. | 1.60% |
| China Construction Bank Corporation | 1.18% |
| Hana Financial Group Inc. | 1.09% |
C000091166 Portfolio Allocation
Asset-class allocation of Victory Emerging Markets Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 93.5% |
| Other | 5.1% |
| Cash & Equivalents | 0.7% |
C000091166 Costs and Fees
C000091166 costs about $176 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.76%
- Gross expense ratio: 1.84%
- Portfolio turnover: 84%
- Brokerage commissions: 17.46 bps of average net assets (SEC N-CEN)
C000091166 Cashflows
Over the 12 months to 2026-05, Victory Emerging Markets Fund had net inflows of $3.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$3.20M |
| 2026-04 | −$4.90M |
| 2026-03 | −$8.60M |
| 2026-02 | −$1.58M |
| 2026-01 | −$11.49M |
| 2025-12 | $54.18M |
C000091166 Debt Constituents
No individual debt constituents are reported in Victory Emerging Markets Fund's latest SEC N-PORT filing.
C000091166 Prospectus and SEC Filings
Official Victory Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-06-26
- Prospectus (485BPOS) — filed 2025-06-26
- Prospectus (485BPOS) — filed 2024-06-27
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-27
- Annual census (N-CEN) — filed 2026-05-11
- Annual census (N-CEN) — filed 2025-05-13
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.