URFRX Performance — Victory Target Retirement 2040 Fund
Data updated: 2026-09-29
URFRX returned +11.25% year to date and +20.32% over one year to Jul 2026. Annualised returns are +15.05% over 3 years and +8.59% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $152, against $146 for the category, and to $120 over one year, against $116. Volatility over the past three years was 9.51% a year. In the 12 months to Jul 2026 the fund took in a net $36.3M, and assets reached $1.91B.
URFRX Growth of $100
What $100 invested in Victory Target Retirement 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | URFRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $120 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $152 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $151 | $142 |
| Since data start (Jul 2019 – Jul 2026) | $195 | $186 |
URFRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.25% |
| 1 year | +20.32% |
| 3 years (annualised) | +15.05% |
| 5 years (annualised) | +8.59% |
URFRX Annual Returns
Calendar-year total returns of Victory Target Retirement 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +11.25% |
| 2025 | +17.49% |
| 2024 | +12.06% |
| 2023 | +17.17% |
| 2022 | −15.16% |
| 2021 | +15.88% |
| 2020 | +9.21% |
| 2019 (Jul–Dec) | +5.84% |
URFRX 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 | +2.7% | +2.2% | −4.6% | +6.4% | +3.4% | +0.8% | +0.2% | — | — | — | — | — |
| 2025 | +2.6% | 0.0% | −2.3% | +0.9% | +4.0% | +3.3% | −0.1% | +3.0% | +2.3% | +1.0% | +0.9% | +0.7% |
| 2024 | +0.2% | +3.1% | +2.9% | −3.2% | +3.7% | +0.9% | +2.2% | +2.0% | +1.6% | −2.2% | +3.3% | −2.8% |
| 2023 | +5.8% | −2.5% | +2.1% | +1.2% | −1.6% | +4.5% | +2.7% | −2.1% | −3.2% | −2.4% | +7.4% | +4.6% |
| 2022 | −4.1% | −1.9% | +1.1% | −6.3% | +0.6% | −7.4% | +5.6% | −3.6% | −7.9% | +5.5% | +6.8% | −3.3% |
| 2021 | −0.1% | +2.3% | +2.7% | +3.4% | +1.9% | +0.6% | +0.5% | +1.7% | −3.5% | +4.1% | −2.1% | +3.8% |
| 2020 | −1.2% | −6.4% | −12.2% | +8.1% | +4.1% | +1.7% | +3.9% | +3.8% | −2.1% | −2.0% | +9.3% | +3.9% |
| 2019 | — | — | — | — | — | — | −0.2% | −1.0% | +1.4% | +1.5% | +1.8% | +2.2% |
URFRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.51%
- 3-year Sharpe ratio: 1.11 (vs 4.5% risk-free rate)
- Best month: +7.43% (Nov 2023)
- Worst month: −4.62% (Mar 2026)
URFRX Fund Flows
Monthly money in and out of Victory Target Retirement 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: $36.3M
- 12-month gross sales (incl. reinvestments): $287.5M
- Sales ÷ redemptions: 1.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $19.5M | $25.2M | −$5.7M |
| Jun 2026 | $13.7M | $24.7M | −$11.0M |
| May 2026 | $15.9M | $28.1M | −$12.2M |
| Apr 2026 | $17.0M | $22.2M | −$5.2M |
| Mar 2026 | $15.0M | $22.7M | −$7.8M |
| Feb 2026 | $15.6M | $16.8M | −$1.1M |
| Jan 2026 | $14.6M | $22.2M | −$7.7M |
| Dec 2025 | $132.7M | $24.1M | $108.5M |
| Nov 2025 | $11.7M | $13.3M | −$1.6M |
| Oct 2025 | $11.8M | $19.0M | −$7.2M |
| Sep 2025 | $9.9M | $16.6M | −$6.7M |
| Aug 2025 | $10.2M | $16.2M | −$6.0M |
URFRX Assets Under Management
Net assets of Victory Target Retirement 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.91B |
| 2026-04-30 | $1.86B |
| 2026-01-31 | $1.81B |
| 2025-10-31 | $1.75B |
| 2025-07-31 | $1.66B |
| 2025-04-30 | $1.57B |
| 2025-01-31 | $1.62B |
| 2024-10-31 | $1.59B |
| 2024-07-31 | $1.59B |
| 2024-04-30 | $1.51B |
| 2024-01-31 | $1.49B |
| 2023-10-31 | $1.34B |
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.