MNNCX Performance — Victory Multi-Cap Fund, Class C
Data updated: 2026-09-11
MNNCX returned +14.66% year to date and +29.35% over one year to Jun 2026. Annualised returns are +22.14% over 3 years and +14.77% over 5 years. The fund beat its US Large Growth category average: $100 invested three years ago grew to $182, against $175 for the category, and to $129 over one year, against $117. Volatility over the past three years was 13.03% a year. In the 12 months to Jun 2026 the fund took in a net $10.5M, and assets reached $584.63M.
MNNCX Growth of $100
What $100 invested in Victory Multi-Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | MNNCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $129 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $182 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $199 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $278 | $271 |
MNNCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.66% |
| 1 year | +29.35% |
| 3 years (annualised) | +22.14% |
| 5 years (annualised) | +14.77% |
MNNCX Annual Returns
Calendar-year total returns of Victory Multi-Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +14.66% |
| 2025 | +20.92% |
| 2024 | +24.42% |
| 2023 | +23.43% |
| 2022 | −19.66% |
| 2021 | +34.10% |
| 2020 | +10.30% |
| 2019 (Jul–Dec) | +10.05% |
MNNCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.0% | +0.1% | −5.0% | +11.1% | +4.6% | +0.9% | — | — | — | — | — | — |
| 2025 | +2.9% | −3.4% | −5.0% | +0.2% | +6.5% | +6.2% | +3.1% | +1.7% | +4.4% | +2.1% | +1.6% | −0.6% |
| 2024 | +2.5% | +6.1% | +2.7% | −4.9% | +5.4% | +3.1% | +1.4% | +2.4% | +1.4% | −0.3% | +5.6% | −2.7% |
| 2023 | +7.6% | −1.7% | +0.5% | +1.1% | +0.8% | +7.8% | +2.6% | −1.3% | −4.3% | −2.4% | +6.6% | +4.8% |
| 2022 | −6.5% | −1.0% | +0.2% | −8.9% | +2.1% | −9.8% | +11.4% | −3.6% | −9.2% | +9.8% | +3.3% | −6.5% |
| 2021 | −0.3% | +3.1% | +4.5% | +6.2% | −0.1% | +1.1% | +2.9% | +4.0% | −4.0% | +7.4% | +0.8% | +4.7% |
| 2020 | −0.8% | −9.3% | −17.7% | +13.7% | +6.4% | +2.0% | +6.3% | +7.0% | −4.2% | −3.0% | +9.9% | +3.7% |
| 2019 | — | — | — | — | — | — | +1.4% | −2.3% | +1.4% | +3.4% | +3.8% | +2.0% |
MNNCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.03%
- 3-year Sharpe ratio: 1.35 (vs 4.5% risk-free rate)
- Best month: +11.08% (Apr 2026)
- Worst month: −5.04% (Mar 2026)
MNNCX Fund Flows
Monthly money in and out of Victory Multi-Cap Fund, from SEC Form N-PORT.
- 12-month net flow: $10.5M
- 12-month gross sales (incl. reinvestments): $76.2M
- Sales ÷ redemptions: 1.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $557K | $3.7M | −$3.1M |
| May 2026 | $1.4M | $3.9M | −$2.5M |
| Apr 2026 | $855K | $4.2M | −$3.3M |
| Mar 2026 | $817K | $3.8M | −$3.0M |
| Feb 2026 | $896K | $3.7M | −$2.8M |
| Jan 2026 | $3.5M | $4.9M | −$1.3M |
| Dec 2025 | $63.9M | $19.5M | $44.4M |
| Nov 2025 | $721K | $3.7M | −$3.0M |
| Oct 2025 | $690K | $4.7M | −$4.0M |
| Sep 2025 | $917K | $4.6M | −$3.7M |
| Aug 2025 | $1.3M | $5.1M | −$3.8M |
| Jul 2025 | $701K | $4.1M | −$3.4M |
MNNCX Assets Under Management
Net assets of Victory Multi-Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $584.63M |
| 2026-03-31 | $505.89M |
| 2025-12-31 | $522.78M |
| 2025-09-30 | $534.26M |
| 2025-06-30 | $497.62M |
| 2025-03-31 | $449.98M |
| 2024-12-31 | $485.72M |
| 2024-09-30 | $486.42M |
| 2024-06-30 | $470.07M |
| 2024-03-31 | $460.14M |
| 2023-12-31 | $419.43M |
| 2023-09-30 | $395.02M |
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.