USCGX Fees and Costs — Victory Capital Growth Fund, Shares
Data updated: 2026-09-29
The net expense ratio is 1.06%: a 0.76% management fee plus 0.30% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $569K in broker commissions, 0.0558% of average net assets, and portfolio turnover was 36%.
USCGX Fees and Expenses
Annual operating expenses and sales charges of USCGX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| 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 |
USCGX Costs Over Time
On $10,000 invested in USCGX, assuming 5% a year before costs, total costs come to $696 over 5 years, cutting the return by 1.17% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $117 | $383 | $696 |
| Value after costs | $10,383 | $11,193 | $12,066 |
| Impact on return, per year | 1.17% | 1.17% | 1.17% |
USCGX 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): 0.0558%
- Total broker commissions: $569K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $5.8M
- Net income from securities lending: $38K (0.004% of average net assets)
USCGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $88K | 20.47% |
| Jane Street Capital, LLC | $61K | 14.12% |
| Citadel Securities LLC | $56K | 13.11% |
| RBC Capital Markets, LLC | $48K | 11.25% |
| BNP Paribas Securities Corp. | $44K | 10.21% |
| Academy Securities Inc. | $37K | 8.64% |
| UBS Securities LLC | $33K | 7.56% |
| J.P. Morgan Securities LLC | $25K | 5.77% |
| HSBC Securities (USA) Inc. | $23K | 5.27% |
| Jefferies LLC | $15K | 3.58% |
Victory Capital 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 |
|---|---|---|---|
| USCGX | Shares | 1.06% | none |
| UICGX | Institutional Shares | 1.11% | 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.