C000175749 Fees and Costs — Victory Income Stock Fund
Data updated: 2026-09-29
The net expense ratio is 0.56%: a 0.41% management fee plus 0.53% other expenses, less a 0.38% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0420% of average net assets, and portfolio turnover was 59%.
C000175749 Fees and Expenses
Annual operating expenses and sales charges of C000175749. Prospectus, as of November 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.38% |
| Net expense ratio | 0.56% |
| 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 |
C000175749 Costs Over Time
On $10,000 invested in C000175749, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000175749 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): 0.0420%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $459K
- Net income from securities lending: $10K (0.000% of average net assets)
C000175749 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $299K | 27.47% |
| Susquehanna Securities | $223K | 20.51% |
| Jane Street Capital, LLC | $201K | 18.50% |
| Academy Securities Inc. | $157K | 14.47% |
| Virtu Americas LLC | $157K | 14.42% |
| RBC Capital Markets, LLC | $16K | 1.43% |
| Jefferies LLC | $15K | 1.42% |
| Wallachbeth Capital LLC | $10K | 0.92% |
| Amerivet Securities, Inc. | $5K | 0.45% |
| Citadel Securities LLC | $4K | 0.41% |
Victory Income Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000175749 | USAA Income Stock Fund R6 Shares | 0.56% | — |
| USISX | Shares | 0.72% | none |
| UIISX | Institutional Shares | 0.73% | none |
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.