PFGKX Fees and Costs — Victory Pioneer Fundamental Growth Fund, Class R6
Data updated: 2026-08-25
The net expense ratio is 0.65%: a 0.61% management fee plus 0.06% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $727K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 24%.
PFGKX Fees and Expenses
Annual operating expenses and sales charges of PFGKX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.67% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.65% |
| 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 |
PFGKX Costs Over Time
On $10,000 invested in PFGKX, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
PFGKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0104%
- Total broker commissions: $727K
- Bought from dealers (principal trades, not a cost): $3.6B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
PFGKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| U S BANCORP PIPER JAFFRAY INC | $193K | 31.08% |
| INSTINET CORPORATION | $123K | 19.78% |
| BOFA SECURITIES INC | $81K | 13.08% |
| GOLDMAN SACHS & CO | $62K | 9.96% |
| UBS SECURITIES LLC | $37K | 5.91% |
| SG AMERICAS SECURITIES LLC | $33K | 5.34% |
| COWEN EXECUTION SERVICES LLC | $28K | 4.43% |
| JP MORGAN SECURITIES LLC | $25K | 4.02% |
| PERSHING LLC | $21K | 3.42% |
| EVERCORE GROUP L.L.C. | $18K | 2.97% |
PFGKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U S BANCORP PIPER JAFFRAY INC | $927.4M | 30.54% |
| BOFA SECURITIES INC | $602.4M | 19.84% |
| KAUFMAN BROTHERS | $390.3M | 12.85% |
| GOLDMAN SACHS & CO | $256.5M | 8.45% |
| STEPHENS INC | $204.9M | 6.75% |
| JEFFERIES & COMPANY INC | $170.9M | 5.63% |
| NATIONAL FINANCIAL SERVICES LLC | $143.3M | 4.72% |
| INSTINET CORPORATION | $121.6M | 4.00% |
| WEDBUSH NOBLE COOKE | $116.2M | 3.83% |
| RBC CAPITAL MARKETS LLC | $103.1M | 3.40% |
Victory Pioneer Fundamental 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 |
|---|---|---|---|
| PFGKX | Class R6 | 0.65% | none |
| FUNYX | Class Y | 0.76% | none |
| PIGFX | Class A | 0.99% | 5.75% |
| PFGRX | Class R | 1.38% | none |
| FUNCX | Class C | 1.72% | 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.