RSVYX Fees and Costs — Victory RS Value Fund, Class Y
Data updated: 2026-08-26
The net expense ratio is 1.06%: a 0.85% management fee plus 0.22% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $165K in broker commissions, 0.0633% of average net assets, and portfolio turnover was 50%.
RSVYX Fees and Expenses
Annual operating expenses and sales charges of RSVYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.06% |
| 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 |
RSVYX Costs Over Time
On $10,000 invested in RSVYX, assuming 5% a year before costs, total costs come to $701 over 5 years, cutting the return by 1.18% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $701 |
| Value after costs | $10,382 | $11,191 | $12,062 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
RSVYX 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): 0.0633%
- Total broker commissions: $165K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $856 (0.000% of average net assets)
RSVYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $17K | 17.86% |
| Barclays Capital Inc. | $15K | 15.67% |
| RBC Capital Markets, LLC | $13K | 13.74% |
| Jefferies LLC | $12K | 12.40% |
| Stifel, Nicolaus & Company, Incorporated | $8K | 8.31% |
| KeyBanc Capital Markets Inc. | $6K | 6.72% |
| Goldman Sachs & Co. LLC | $6K | 6.71% |
| J.P. Morgan Securities LLC | $6K | 6.48% |
| Mesirow Financial, Inc. | $6K | 6.11% |
| Evercore Group L.L.C. | $6K | 6.02% |
Victory RS Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RSVYX | Class Y | 1.06% | none |
| RSVAX | Class A | 1.30% | 5.75% |
| RVACX | Class C | 2.07% | 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.