RPPRX Fees and Costs — Victory RS Partners Fund, Class R6
Data updated: 2026-08-26
The net expense ratio is 0.89%: a 0.83% management fee plus 0.16% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $669K in broker commissions, 0.1213% of average net assets, and portfolio turnover was 65%.
RPPRX Fees and Expenses
Annual operating expenses and sales charges of RPPRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.89% |
| 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 |
RPPRX Costs Over Time
On $10,000 invested in RPPRX, assuming 5% a year before costs, total costs come to $632 over 5 years, cutting the return by 1.06% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $348 | $632 |
| Value after costs | $10,394 | $11,229 | $12,130 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
RPPRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1213%
- Total broker commissions: $669K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $4.8M
- Net income from securities lending: $8K (0.001% of average net assets)
RPPRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $81K | 18.70% |
| Barclays Capital Inc. | $60K | 13.97% |
| William Blair & Company, L.L.C. | $58K | 13.37% |
| Robert W. Baird & Co. Incorporated | $44K | 10.24% |
| Evercore Group L.L.C. | $41K | 9.41% |
| UBS Securities LLC | $37K | 8.64% |
| KeyBanc Capital Markets Inc. | $37K | 8.53% |
| Instinet, LLC | $28K | 6.52% |
| Liquidnet, Inc. | $24K | 5.63% |
| Stifel, Nicolaus & Company, Incorporated | $22K | 4.99% |
Victory RS Partners Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RPPRX | Class R6 | 0.89% | none |
| RSPYX | Class Y | 0.94% | none |
| RSPMX | Member Class | 1.13% | none |
| RSPFX | Class A | 1.33% | 5.75% |
| RSPKX | Class R | 1.69% | 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.