RSMKX Fees and Costs — Victory RS Mid Cap Growth Fund, Class R
Data updated: 2026-08-26
The net expense ratio is 1.81%: a 0.85% management fee, a 0.50% 12b-1 fee plus 2.54% other expenses, less a 2.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $59K in broker commissions, 0.0825% of average net assets, and portfolio turnover was 88%.
RSMKX Fees and Expenses
Annual operating expenses and sales charges of RSMKX. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.50% |
| Other expenses | 2.54% |
| Gross expense ratio | 3.90% |
| Fee waiver | −2.09% |
| Net expense ratio | 1.81% |
| 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 |
RSMKX Costs Over Time
On $10,000 invested in RSMKX, assuming 5% a year before costs, total costs come to $1,163 over 5 years, cutting the return by 1.99% 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 1.81%) | $190 | $588 | $1,009 |
| Trading costs (broker commissions) | $9 | $27 | $46 |
| Lost growth on money paid in costs | $0 | $31 | $108 |
| Total costs | $199 | $645 | $1,163 |
| Value after costs | $10,301 | $10,931 | $11,600 |
| Impact on return, per year | 1.99% | 1.99% | 1.99% |
RSMKX 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): 0.0825%
- Total broker commissions: $59K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 88%
- Securities on loan, average value: $710K
- Net income from securities lending: $2K (0.002% of average net assets)
RSMKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $10K | 23.13% |
| Barclays Capital Inc. | $10K | 23.00% |
| BofA Securities, Inc. | $5K | 11.91% |
| William Blair & Company, L.L.C. | $4K | 9.71% |
| Robert W. Baird & Co. Incorporated | $3K | 7.02% |
| Evercore Group L.L.C. | $3K | 6.73% |
| Mizuho Securities USA LLC | $3K | 6.11% |
| Jefferies LLC | $2K | 4.73% |
| Liquidnet, Inc. | $2K | 4.16% |
| J.P. Morgan Securities LLC | $1K | 3.49% |
RSMKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $752K | 71.30% |
| Goldman Sachs & Co. LLC | $182K | 17.22% |
| BofA Securities, Inc. | $121K | 11.47% |
Victory RS Mid Cap 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 |
|---|---|---|---|
| RMORX | Class R6 | 0.94% | none |
| RMOYX | Class Y | 0.95% | none |
| RMOMX | Member Class | 1.05% | none |
| RSMOX | Class A | 1.20% | 5.75% |
| RSMKX | Class R | 1.81% | none |
| RMOCX | Class C | 2.11% | 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.