GGIFX Fees and Costs — Victory Fund for Income, Class R
Data updated: 2026-09-11
The net expense ratio is 0.91%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.27% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 22%.
GGIFX Fees and Expenses
Annual operating expenses and sales charges of GGIFX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.91% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GGIFX Costs Over Time
On $10,000 invested in GGIFX, assuming 5% a year before costs, total costs come to $570 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $570 |
| Value after costs | $10,404 | $11,263 | $12,193 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
GGIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $551.5M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $279K
- Net income from securities lending: $8K (0.002% of average net assets)
GGIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $186.2M | 35.28% |
| Nomura Securities International, Inc. | $83.0M | 15.72% |
| Wells Fargo Securities, LLC | $69.9M | 13.25% |
| StoneX Financial Inc. | $39.1M | 7.40% |
| BNP Paribas Securities Corp. | $37.2M | 7.06% |
| J.P. Morgan Securities LLC | $30.1M | 5.70% |
| Goldman Sachs & Co. LLC | $28.9M | 5.47% |
| BofA Securities, Inc. | $22.6M | 4.28% |
| Barclays Capital Inc. | $18.2M | 3.45% |
| Macquarie Capital (USA) Inc. | $12.6M | 2.39% |
Victory Fund for Income Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VFFRX | Class R6 | 0.63% | none |
| VFFIX | Class I | 0.64% | none |
| VFFYX | Class Y | 0.71% | none |
| VFFMX | Member Class | 0.75% | none |
| GGIFX | Class R | 0.91% | none |
| IPFIX | Class A | 0.91% | 2.25% |
| VFFCX | Class C | 1.71% | 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.