UIAGX Fees and Costs — Victory Aggressive Growth Fund, Institutional Shares
Data updated: 2026-09-29
The net expense ratio is 0.72%: a 0.42% management fee plus 0.39% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $396K in broker commissions, 0.0153% of average net assets, and portfolio turnover was 35%.
UIAGX Fees and Expenses
Annual operating expenses and sales charges of UIAGX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.72% |
| 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 | Yes |
UIAGX Costs Over Time
On $10,000 invested in UIAGX, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% 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 0.72%) | $76 | $237 | $411 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $462 |
| Value after costs | $10,423 | $11,323 | $12,300 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
UIAGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0153%
- Total broker commissions: $396K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $3.0M
- Net income from securities lending: $5K (0.000% of average net assets)
UIAGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $160K | 49.83% |
| Goldman Sachs & Co. LLC | $52K | 16.32% |
| BofA Securities, Inc. | $21K | 6.58% |
| Robert W. Baird & Co. Incorporated | $18K | 5.66% |
| Evercore Group L.L.C. | $17K | 5.20% |
| Barclays Capital Inc. | $13K | 3.99% |
| UBS Securities LLC | $11K | 3.55% |
| Academy Securities Inc. | $10K | 3.08% |
| Piper Sandler & Co. | $10K | 2.97% |
| J.P. Morgan Securities LLC | $9K | 2.82% |
Victory Aggressive Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| USAUX | Shares | 0.65% | none |
| UIAGX | Institutional Shares | 0.72% | 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.