UGOFX Performance — Victory Global Managed Volatility Fund, Institutional Shares
Data updated: 2026-09-29
UGOFX returned +13.74% year to date and +22.40% over one year to Jul 2026. Annualised returns are +16.32% over 3 years and +9.98% over 5 years. The fund beat its Global Large Blend category average: $100 invested three years ago grew to $157, against $152 for the category, and to $122 over one year, against $118. Volatility over the past three years was 10.39% a year. In the 12 months to Jul 2026 the fund lost a net $117.2M, and assets reached $372.32M.
UGOFX Growth of $100
What $100 invested in Victory Global Managed Volatility Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | UGOFX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $157 | $152 |
| 5 years (Aug 2021 – Jul 2026) | $161 | $148 |
| Since data start (Jul 2019 – Jul 2026) | $210 | $204 |
UGOFX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.74% |
| 1 year | +22.40% |
| 3 years (annualised) | +16.32% |
| 5 years (annualised) | +9.98% |
UGOFX Annual Returns
Calendar-year total returns of Victory Global Managed Volatility Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +13.74% |
| 2025 | +16.90% |
| 2024 | +13.39% |
| 2023 | +19.79% |
| 2022 | −15.70% |
| 2021 | +21.37% |
| 2020 | +6.44% |
| 2019 (Jul–Dec) | +6.98% |
UGOFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.4% | +1.4% | −4.5% | +7.8% | +4.6% | +0.8% | 0.0% | — | — | — | — | — |
| 2025 | +2.8% | 0.0% | −2.6% | +1.2% | +4.3% | +3.4% | −0.6% | +2.4% | +2.9% | +0.6% | +0.7% | +0.9% |
| 2024 | +0.7% | +3.5% | +2.3% | −3.8% | +4.3% | +2.4% | +1.8% | +3.2% | +1.4% | −2.5% | +3.1% | −3.3% |
| 2023 | +5.6% | −3.0% | +4.3% | +1.4% | −2.3% | +5.9% | +2.3% | −2.2% | −3.8% | −1.4% | +7.9% | +4.3% |
| 2022 | −4.4% | −3.8% | +1.2% | −6.5% | +0.8% | −7.2% | +6.3% | −4.6% | −8.3% | +7.0% | +8.6% | −4.3% |
| 2021 | −0.8% | +1.6% | +3.5% | +4.2% | +2.1% | +1.7% | +1.7% | +2.0% | −4.7% | +5.1% | −1.6% | +5.2% |
| 2020 | −2.2% | −8.0% | −12.7% | +8.6% | +4.0% | +1.6% | +4.0% | +4.1% | −2.5% | −2.8% | +10.5% | +4.1% |
| 2019 | — | — | — | — | — | — | −0.1% | −1.5% | +2.1% | +1.8% | +1.9% | +2.6% |
UGOFX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.39%
- 3-year Sharpe ratio: 1.14 (vs 4.5% risk-free rate)
- Best month: +7.92% (Nov 2023)
- Worst month: −4.46% (Mar 2026)
UGOFX Fund Flows
Monthly money in and out of Victory Global Managed Volatility Fund, from SEC Form N-PORT.
- 12-month net flow: −$117.2M
- 12-month gross sales (incl. reinvestments): $68.2M
- Sales ÷ redemptions: 0.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $198K | $5.2M | −$5.0M |
| Jun 2026 | $229K | $127K | $102K |
| May 2026 | $44K | $14.6M | −$14.5M |
| Apr 2026 | $77K | $21.2M | −$21.1M |
| Mar 2026 | $51K | $130K | −$79K |
| Feb 2026 | $75K | $3.1M | −$3.0M |
| Jan 2026 | $216K | $23.6M | −$23.4M |
| Dec 2025 | $67.0M | $21.2M | $45.9M |
| Nov 2025 | $73K | $31.0M | −$30.9M |
| Oct 2025 | $48K | $36.0M | −$36.0M |
| Sep 2025 | $138K | $94K | $44K |
| Aug 2025 | $9K | $29.3M | −$29.3M |
UGOFX Assets Under Management
Net assets of Victory Global Managed Volatility Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $372.32M |
| 2026-04-30 | $372.12M |
| 2026-01-31 | $379.88M |
| 2025-10-31 | $435.01M |
| 2025-07-31 | $473.41M |
| 2025-04-30 | $442.37M |
| 2025-01-31 | $488.92M |
| 2024-10-31 | $517.80M |
| 2024-07-31 | $513.42M |
| 2024-04-30 | $498.56M |
| 2024-01-31 | $513.53M |
| 2023-10-31 | $471.40M |
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.