SRVEX Fees and Costs — Victory Diversified Stock Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.05%: a 0.65% management fee, a 0.25% 12b-1 fee plus 0.15% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $213K in broker commissions, 0.0573% of average net assets, and portfolio turnover was 92%.
SRVEX Fees and Expenses
Annual operating expenses and sales charges of SRVEX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
SRVEX Costs Over Time
On $10,000 invested in SRVEX, assuming 5% a year before costs, total costs come to $1,385 over 5 years, cutting the return by 2.39% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.05%) | $104 | $324 | $561 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $29 | $108 | $219 |
| Total costs | $713 | $1,024 | $1,385 |
| Value after costs | $9,787 | $10,552 | $11,378 |
| Impact on return, per year | 7.13% | 3.19% | 2.39% |
SRVEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0573%
- Total broker commissions: $213K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 92%
- Securities on loan, average value: $275K
- Net income from securities lending: $412 (0.000% of average net assets)
SRVEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Amerivet Securities, Inc. | $111K | 56.68% |
| UBS Securities LLC | $32K | 16.36% |
| Raymond James & Associates, Inc. | $20K | 10.10% |
| Robert W. Baird & Co. Incorporated | $8K | 3.98% |
| Academy Securities Inc. | $6K | 3.21% |
| J.P. Morgan Securities LLC | $5K | 2.39% |
| Barclays Capital Inc. | $4K | 2.08% |
| BofA Securities, Inc. | $4K | 1.94% |
| Liquidnet, Inc. | $4K | 1.91% |
| Goldman Sachs & Co. LLC | $3K | 1.34% |
Victory Diversified Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VDSRX | Class R6 | 0.78% | none |
| VDSIX | Class I | 0.83% | none |
| VDSYX | Class Y | 0.86% | none |
| SRVEX | Class A | 1.05% | 5.75% |
| GRINX | Class R | 1.35% | none |
| VDSCX | Class C | 2.02% | 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.