RSSYX Fees and Costs — Victory RS Select Growth Fund, Class Y
Data updated: 2026-08-26
The net expense ratio is 1.14%: a 1.00% management fee plus 0.31% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $83K in broker commissions, 0.0963% of average net assets, and portfolio turnover was 88%.
RSSYX Fees and Expenses
Annual operating expenses and sales charges of RSSYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.31% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.14% |
| 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 |
RSSYX Costs Over Time
On $10,000 invested in RSSYX, assuming 5% a year before costs, total costs come to $770 over 5 years, cutting the return by 1.30% 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 1.14%) | $120 | $373 | $644 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $424 | $770 |
| Value after costs | $10,370 | $11,152 | $11,993 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
RSSYX 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): 0.0963%
- Total broker commissions: $83K
- Bought from dealers (principal trades, not a cost): $3.5M
- Portfolio turnover (prospectus): 88%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $7K (0.008% of average net assets)
RSSYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $10K | 17.37% |
| Barclays Capital Inc. | $8K | 15.18% |
| Stifel, Nicolaus & Company, Incorporated | $7K | 13.23% |
| William Blair & Company, L.L.C. | $7K | 12.76% |
| UBS Securities LLC | $5K | 8.26% |
| Evercore Group L.L.C. | $5K | 8.18% |
| Keysight Technologies, Inc. | $4K | 6.76% |
| Liquidnet, Inc. | $4K | 6.59% |
| Robert W. Baird & Co. Incorporated | $3K | 6.25% |
| Jefferies LLC | $3K | 5.43% |
RSSYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1.3M | 39.04% |
| J.P. Morgan Securities LLC | $1.1M | 33.22% |
| Barclays Capital Inc. | $845K | 24.50% |
| BofA Securities, Inc. | $112K | 3.24% |
Victory RS Select 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 |
|---|---|---|---|
| RSSRX | Class R6 | 1.06% | none |
| RSSYX | Class Y | 1.14% | none |
| RSDGX | Class A | 1.40% | 5.75% |
| RSGFX | Class C | 2.18% | 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.