C000158653 Fees and Costs — Victory Global Equity Income Fund, Institutional Shares
Data updated: 2026-07-27
The net expense ratio is 1.13%: a 0.72% management fee plus 3.23% other expenses, less a 2.82% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0190% of average net assets, and portfolio turnover was 16%.
C000158653 Fees and Expenses
Annual operating expenses and sales charges of C000158653. Prospectus, as of July 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.23% |
| Gross expense ratio | 3.95% |
| Fee waiver | −2.82% |
| Net expense ratio | 1.13% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000158653 Costs Over Time
On $10,000 invested in C000158653, assuming 5% a year before costs, total costs come to $717 over 5 years, cutting the return by 1.21% 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 1.13%) | $119 | $370 | $640 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $394 | $717 |
| Value after costs | $10,379 | $11,182 | $12,046 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000158653 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): 0.0190%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $260K
- Net income from securities lending: $1K (0.002% of average net assets)
C000158653 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $10K | 80.03% |
| Goldman Sachs & Co. LLC | $838 | 6.48% |
| RBC Capital Markets, LLC | $538 | 4.16% |
| Jefferies LLC | $277 | 2.14% |
| Penserra Securities LLC | $245 | 1.90% |
| Susquehanna Securities | $215 | 1.66% |
| Macquarie Capital (USA) Inc. | $189 | 1.46% |
| BNP Paribas Securities Corp. | $170 | 1.31% |
| Morgan Stanley & Co. LLC | $64 | 0.50% |
| Amerivet Securities, Inc. | $44 | 0.34% |
Victory Global Equity 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 |
|---|---|---|---|
| UGIEX | Victory Global Equity Income - Fund Shares | 1.02% | none |
| C000158653 | Institutional Shares | 1.13% | — |
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.