UEVM Fees and Costs — VictoryShares Emerging Markets Value Momentum ETF
Data updated: 2026-09-11
The net expense ratio is 0.45%: a 0.30% management fee plus 0.23% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $549K in broker commissions, 0.2291% of average net assets, and portfolio turnover was 118%.
UEVM Fees and Expenses
Annual operating expenses and sales charges of UEVM. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.23% |
| Gross expense ratio | 0.53% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
UEVM Costs Over Time
On $10,000 invested in UEVM, assuming 5% a year before costs, total costs come to $428 over 5 years, cutting the return by 0.71% 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 0.45%) | $47 | $148 | $257 |
| Trading costs (broker commissions) | $24 | $75 | $131 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $234 | $428 |
| Value after costs | $10,429 | $11,342 | $12,335 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
UEVM 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): 0.2291%
- Total broker commissions: $549K
- Bought from dealers (principal trades, not a cost): $84.6M
- Portfolio turnover (prospectus): 118%
- Securities on loan, average value: $3.5M
- Net income from securities lending: $104K (0.043% of average net assets)
UEVM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $368K | 67.13% |
| BofA Securities, Inc. | $140K | 25.61% |
| UBS Securities LLC | $19K | 3.45% |
| J.P. Morgan Securities LLC | $13K | 2.37% |
| HSBC Securities (USA) Inc. | $2K | 0.44% |
| Goldman Sachs & Co. LLC | $2K | 0.32% |
| Morgan Stanley & Co. LLC | $2K | 0.32% |
| Jefferies LLC | $2K | 0.30% |
| BNY Mellon Capital Markets, LLC | $340 | 0.06% |
UEVM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $57.5M | 67.97% |
| J.P. Morgan Securities LLC | $13.8M | 16.35% |
| UBS Securities LLC | $13.3M | 15.67% |
| HSBC Securities (USA) Inc. | $12K | 0.01% |
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.