SBALX Fees and Costs — Victory Strategic Allocation Fund, Class A
Data updated: 2025-05-29
The net expense ratio is 1.11% (1.55% before fee waivers). This share class carries a maximum front-end sales load of 2.25%. In fiscal 2024 the fund paid $35 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 4%.
SBALX Fees and Expenses
Annual operating expenses and sales charges of SBALX. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.49% |
| Gross expense ratio | 1.55% |
| Fee waiver | −0.44% |
| Net expense ratio | 1.11% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| 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 |
SBALX Costs Over Time
On $10,000 invested in SBALX, assuming 5% a year before costs, total costs come to $964 over 5 years, cutting the return by 1.64% 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 |
| Sales charges | $225 | $225 | $225 |
| Fund expenses (net expense ratio 1.11%) | $114 | $355 | $615 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $11 | $53 | $124 |
| Total costs | $350 | $633 | $964 |
| Value after costs | $10,150 | $10,943 | $11,798 |
| Impact on return, per year | 3.50% | 1.95% | 1.64% |
SBALX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $35
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 4%
- Securities lending: none during the year
SBALX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $35 | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.