Victory RS Large Cap Alpha VIP Series
Data updated: 2025-05-29
C000168420 — Victory RS Large Cap Alpha VIP Series. United States Mid Cap Growth Equity · $779.96M AUM. Holdings, fees, performance and SEC filings.
C000168420 Fund Overview
Victory RS Large Cap Alpha VIP Series is a US mutual fund managed by Victory Variable Insurance Funds, categorised as United States Mid Cap Growth 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 Variable Insurance Funds
- Category: United States Mid Cap Growth Equity
- Assets under management: $779.96M
- 1-year return: 9.3%
- SEC CIK: 0001068663
- SEC series ID: S000053584
- Share class ID: C000168420
C000168420 Investment Objective and Strategy
Victory RS Large Cap Alpha VIP Series describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Victory Variable Insurance Funds.
Investment objective
"The Victory RS Large Cap Alpha VIP Series (""Fund"") seeks to provide long-term capital appreciation."
Principal investment strategy
The Adviser pursues the Fund's investment objective by investing, under normal circumstances, at least 80% of its assets in companies considered by the Adviser (at the time of purchase) to be large-capitalization companies. A company is considered to be large-capitalization if its market capitalization is at least $5 billion. The Fund typically invests in equity securities of U.S. companies but may also invest any portion of its assets in foreign securities, including depositary receipts such as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). In evaluating investments for the Fund, the Adviser conducts fundamental research to identify companies with improving returns on invested capital. The Adviser seeks to identify the primary economic and value drivers for each company.
Research focuses on a company's capital deployment strategy, including decisions about capital expenditures, acquisitions, cost-saving initiatives, and share repurchase/dividend plans, as the Adviser seeks to understand how returns on invested capital may improve over time. Valuation is considered an important part of the process. The Adviser seeks to invest in companies based on its assessment of risk (the possibility of permanent capital impairment) and reward (the future value of the enterprise). The Fund holds a relatively few number of securities and, as a result of the Adviser's investment process, the Fund's investments may be focused in one or more economic sectors from time to time, including the financials sector. The Adviser regularly reviews the Fund's investments and will sell securities when the Adviser believes the securities are no longer attractive because (1) a deterioration in rank of the security in accordance to the Advisers process, (2) of price appreciation, (3) of a change in the fundamental outlook of the company or (4) other investments available are considered to be more attractive.
C000168420 Holdings
Top 10 holdings of Victory RS Large Cap Alpha VIP Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Everest Group, Ltd. | 3.52% |
| Exxon Mobil Corporation | 3.33% |
| Keycorp | 3.31% |
| Cboe Global Markets, Inc. | 3.25% |
| Keurig Dr Pepper Inc. | 3.20% |
| The Cigna Group | 3.10% |
| Citigroup Inc. | 3.00% |
| Ss&c Technologies Holdings, Inc. | 2.79% |
| Fairfax Financial Holdings Limited | 2.61% |
| Lkq Corporation | 2.55% |
C000168420 Portfolio Allocation
Asset-class allocation of Victory RS Large Cap Alpha VIP Series by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 91.3% |
| Other | 4.5% |
C000168420 Performance
Total returns for C000168420 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 9.3% |
| 3 years (annualised) | 9.9% |
| 5 years (annualised) | 17.9% |
C000168420 Risk Information
Risk metrics for C000168420, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.5%
C000168420 Costs and Fees
C000168420 costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.70%
- Portfolio turnover: 40%
- Brokerage commissions: 3.04 bps of average net assets (SEC N-CEN)
C000168420 Cashflows
Over the 12 months to 2025-03, Victory RS Large Cap Alpha VIP Series had net outflows of $110.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-03 | −$11.38M |
| 2025-02 | −$13.05M |
| 2025-01 | −$8.33M |
| 2024-12 | $29.83M |
| 2024-11 | −$13.94M |
| 2024-10 | −$12.89M |
C000168420 Debt Constituents
No individual debt constituents are reported in Victory RS Large Cap Alpha VIP Series's latest SEC N-PORT filing.
C000168420 Prospectus and SEC Filings
Official Victory RS Large Cap Alpha VIP Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-15
- Prospectus (485BPOS) — filed 2023-04-14
- Prospectus (485BPOS) — filed 2022-04-14
- Portfolio holdings (N-PORT) — filed 2025-05-29
- Portfolio holdings (N-PORT) — filed 2025-02-27
- Portfolio holdings (N-PORT) — filed 2024-11-26
- Annual census (N-CEN) — filed 2025-03-13
- Annual census (N-CEN) — filed 2024-03-15
Related Funds
Other United States Mid Cap Growth Equity funds tracked on ABC INVEST:
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.