UCAGX Fees and Costs — Victory Cornerstone Aggressive Fund
Data updated: 2026-07-27
The net expense ratio is 1.16% (1.23% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $283K in broker commissions, 0.0676% of average net assets.
UCAGX Fees and Expenses
Annual operating expenses and sales charges of UCAGX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.16% |
| 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 | No |
UCAGX Costs Over Time
On $10,000 invested in UCAGX, assuming 5% a year before costs, total costs come to $764 over 5 years, cutting the return by 1.29% 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 1.16%) | $122 | $379 | $656 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $129 | $421 | $764 |
| Value after costs | $10,371 | $11,155 | $11,998 |
| Impact on return, per year | 1.29% | 1.29% | 1.29% |
UCAGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0676%
- Total broker commissions: $283K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $19.4M
- Net income from securities lending: $116K (0.028% of average net assets)
UCAGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $85K | 30.37% |
| Wallachbeth Capital LLC | $65K | 23.41% |
| Citadel Securities LLC | $58K | 20.66% |
| RBC Capital Markets, LLC | $22K | 7.86% |
| Susquehanna Securities | $21K | 7.61% |
| Virtu Americas LLC | $13K | 4.69% |
| Academy Securities Inc. | $8K | 2.82% |
| Amerivet Securities, Inc. | $4K | 1.29% |
| Citigroup Global Markets Inc. | $2K | 0.74% |
| JonesTrading Institutional Services LLC | $2K | 0.54% |
UCAGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Academy Securities Inc. | $1.5M | 99.57% |
| RBC Capital Markets, LLC | $6K | 0.43% |
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.