UIEMX Performance — Victory Emerging Markets Fund, Institutional Shares
Data updated: 2026-07-27
UIEMX returned +31.15% year to date and +63.50% over one year to May 2026. Annualised returns are +27.92% over 3 years and +9.80% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $209, against $186 for the category, and to $164 over one year, against $149. Volatility over the past three years was 16.58% a year. In the 12 months to May 2026 the fund took in a net $3.8M, and assets reached $823.59M.
UIEMX Growth of $100
What $100 invested in Victory Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | UIEMX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $164 | $149 |
| 3 years (Jun 2023 – May 2026) | $209 | $186 |
| 5 years (Jun 2021 – May 2026) | $160 | $145 |
| Since data start (Sep 2019 – May 2026) | $234 | $202 |
UIEMX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +31.15% |
| 1 year | +63.50% |
| 3 years (annualised) | +27.92% |
| 5 years (annualised) | +9.80% |
UIEMX Annual Returns
Calendar-year total returns of Victory Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +31.15% |
| 2025 | +36.76% |
| 2024 | +5.35% |
| 2023 | +16.31% |
| 2022 | −20.07% |
| 2021 | −1.08% |
| 2020 | +17.00% |
| 2019 (Sep–Dec) | +15.16% |
UIEMX 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 | +9.5% | +5.6% | −9.7% | +15.3% | +8.9% | — | — | — | — | — | — | — |
| 2025 | +2.4% | 0.0% | +1.3% | +0.5% | +5.2% | +7.2% | +0.5% | +2.2% | +6.1% | +5.1% | −1.1% | +2.6% |
| 2024 | −2.7% | +5.0% | +2.8% | −0.4% | +1.6% | +3.5% | −1.0% | +0.6% | +3.6% | −4.2% | −2.6% | −0.4% |
| 2023 | +9.4% | −5.9% | +3.3% | −0.7% | −0.6% | +5.5% | +5.4% | −5.2% | −2.1% | −4.2% | +8.1% | +3.7% |
| 2022 | +0.3% | −4.0% | −1.8% | −6.0% | +2.0% | −9.5% | +0.4% | −0.8% | −10.6% | −0.6% | +13.7% | −3.2% |
| 2021 | +2.5% | +2.5% | −0.8% | +2.2% | +2.2% | +0.5% | −5.4% | +1.1% | −4.6% | +0.9% | −5.3% | +3.6% |
| 2020 | −5.2% | −3.7% | −19.4% | +9.3% | +3.3% | +7.4% | +8.2% | +2.0% | −1.2% | +1.8% | +8.9% | +8.6% |
| 2019 | — | — | — | — | — | — | — | — | +1.9% | +4.0% | +0.3% | +8.3% |
UIEMX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.58%
- 3-year Sharpe ratio: 1.41 (vs 4.5% risk-free rate)
- Best month: +15.34% (Apr 2026)
- Worst month: −9.72% (Mar 2026)
UIEMX Fund Flows
Monthly money in and out of Victory Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: $3.8M
- 12-month gross sales (incl. reinvestments): $131.1M
- Sales ÷ redemptions: 1.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.3M | $6.5M | −$3.2M |
| Apr 2026 | $2.4M | $7.3M | −$4.9M |
| Mar 2026 | $3.9M | $12.5M | −$8.6M |
| Feb 2026 | $5.1M | $6.7M | −$1.6M |
| Jan 2026 | $4.2M | $15.7M | −$11.5M |
| Dec 2025 | $60.6M | $6.4M | $54.2M |
| Nov 2025 | $2.2M | $9.6M | −$7.4M |
| Oct 2025 | $26.4M | $19.6M | $6.8M |
| Sep 2025 | $11.8M | $10.1M | $1.7M |
| Aug 2025 | $1.5M | $12.0M | −$10.4M |
| Jul 2025 | $2.3M | $11.2M | −$9.0M |
| Jun 2025 | $7.4M | $9.7M | −$2.3M |
UIEMX Assets Under Management
Net assets of Victory Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $823.59M |
| 2026-02-28 | $743.31M |
| 2025-11-30 | $638.53M |
| 2025-08-31 | $578.42M |
| 2025-05-31 | $545.57M |
| 2025-02-28 | $500.57M |
| 2024-11-30 | $505.33M |
| 2024-08-31 | $535.48M |
| 2024-05-31 | $525.97M |
| 2024-02-29 | $519.94M |
| 2023-11-30 | $626.45M |
| 2023-08-31 | $628.45M |
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.