PGEKX Fees and Costs — Victory Pioneer Global Equity Fund, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.73%: a 0.65% management fee plus 0.12% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $569K in broker commissions, 0.1037% of average net assets, and portfolio turnover was 68%.
PGEKX Fees and Expenses
Annual operating expenses and sales charges of PGEKX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.73% |
| 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 |
PGEKX Costs Over Time
On $10,000 invested in PGEKX, assuming 5% a year before costs, total costs come to $523 over 5 years, cutting the return by 0.88% 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 0.73%) | $77 | $240 | $416 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $287 | $523 |
| Value after costs | $10,412 | $11,289 | $12,240 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
PGEKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1037%
- Total broker commissions: $569K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
PGEKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $76K | 17.65% |
| INSTINET, LLC | $75K | 17.26% |
| TD SECURITIES (USA) LLC | $62K | 14.21% |
| MACQUARIE CAPITAL (USA), INC. | $48K | 11.01% |
| BARCLAYS CAPITAL, INC. | $33K | 7.59% |
| SAMSUNG SECURITIES (AMERICA), INC. | $32K | 7.44% |
| CITIGROUP GLOBAL MARKETS INC. | $31K | 7.16% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $27K | 6.12% |
| MIZUHO SECURITIES USA LLC | $25K | 5.83% |
| J.P. Morgan Securities LLC | $25K | 5.74% |
Victory Pioneer Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PGEKX | Class R6 | 0.73% | none |
| PGSYX | Class Y | 0.74% | none |
| GLOSX | Class A | 1.10% | 5.75% |
| GCSLX | Class C | 1.85% | 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.