MGOAX Fees and Costs — Victory Mid-Cap Core Growth Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.28%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.28% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $229K in broker commissions, 0.0789% of average net assets, and portfolio turnover was 89%.
MGOAX Fees and Expenses
Annual operating expenses and sales charges of MGOAX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.28% |
| Fee waiver | — |
| Net expense ratio | 1.28% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
MGOAX Costs Over Time
On $10,000 invested in MGOAX, assuming 5% a year before costs, total costs come to $1,529 over 5 years, cutting the return by 2.65% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.28%) | $127 | $394 | $680 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $29 | $111 | $232 |
| Total costs | $738 | $1,104 | $1,529 |
| Value after costs | $9,762 | $10,472 | $11,234 |
| Impact on return, per year | 7.38% | 3.45% | 2.65% |
MGOAX 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): 0.0789%
- Total broker commissions: $229K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 89%
- Securities on loan, average value: $633K
- Net income from securities lending: $659 (0.000% of average net assets)
MGOAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $60K | 27.36% |
| RBC Capital Markets, LLC | $54K | 24.71% |
| Jane Street Capital, LLC | $50K | 22.95% |
| Raymond James & Associates, Inc. | $23K | 10.73% |
| Robert W. Baird & Co. Incorporated | $10K | 4.71% |
| Barclays Capital Inc. | $7K | 3.13% |
| Amerivet Securities, Inc. | $4K | 1.91% |
| Academy Securities Inc. | $4K | 1.81% |
| J.P. Morgan Securities LLC | $3K | 1.37% |
| Liquidnet, Inc. | $3K | 1.31% |
Victory Mid-Cap Core Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MGOSX | Class R6 | 0.88% | none |
| MGOYX | Class Y | 1.00% | none |
| MGOAX | Class A | 1.28% | 5.75% |
| MGOTX | Class C | 2.12% | 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.