MUXAX Fees and Costs — Victory S&P 500 Index Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 0.53%: a 0.20% management fee, a 0.15% 12b-1 fee plus 0.18% other expenses. This share class carries a maximum front-end sales load of 2.25%. In fiscal 2026 the fund paid $4K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 4%.
MUXAX Fees and Expenses
Annual operating expenses and sales charges of MUXAX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.53% |
| Fee waiver | — |
| Net expense ratio | 0.53% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MUXAX Costs Over Time
On $10,000 invested in MUXAX, assuming 5% a year before costs, total costs come to $615 over 5 years, cutting the return by 1.03% 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 | $225 | $225 | $225 |
| Fund expenses (net expense ratio 0.53%) | $54 | $171 | $297 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $11 | $44 | $92 |
| Total costs | $291 | $440 | $615 |
| Value after costs | $10,209 | $11,136 | $12,148 |
| Impact on return, per year | 2.91% | 1.35% | 1.03% |
MUXAX 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): 0.0013%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $118K
- Net income from securities lending: $5K (0.002% of average net assets)
MUXAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $962 | 26.74% |
| Susquehanna Securities | $724 | 20.12% |
| Goldman Sachs & Co. LLC | $618 | 17.17% |
| Jefferies LLC | $365 | 10.14% |
| J.P. Morgan Securities LLC | $345 | 9.58% |
| UBS Securities LLC | $319 | 8.88% |
| RBC Capital Markets, LLC | $265 | 7.38% |
Victory S&P 500 Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MUXYX | Class Y | 0.43% | none |
| MUXAX | Class A | 0.53% | 2.25% |
| MUXRX | Class R | 0.87% | 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.