USGRX Fees and Costs — Victory Growth & Income Fund, Shares
Data updated: 2026-09-29
The net expense ratio is 0.83%: a 0.61% management fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $577K in broker commissions, 0.0274% of average net assets, and portfolio turnover was 45%.
USGRX Fees and Expenses
Annual operating expenses and sales charges of USGRX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| 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 |
USGRX Costs Over Time
On $10,000 invested in USGRX, assuming 5% a year before costs, total costs come to $538 over 5 years, cutting the return by 0.90% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $295 | $538 |
| Value after costs | $10,410 | $11,281 | $12,225 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
USGRX 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): 0.0274%
- Total broker commissions: $577K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $861K
- Net income from securities lending: $24K (0.001% of average net assets)
USGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $141K | 27.02% |
| Susquehanna Securities | $130K | 24.88% |
| RBC Capital Markets, LLC | $73K | 13.99% |
| Academy Securities Inc. | $61K | 11.70% |
| Goldman Sachs & Co. LLC | $55K | 10.62% |
| Jefferies LLC | $24K | 4.56% |
| Virtu Americas LLC | $13K | 2.58% |
| BofA Securities, Inc. | $11K | 2.02% |
| Robert W. Baird & Co. Incorporated | $7K | 1.36% |
| Evercore Group L.L.C. | $7K | 1.27% |
Victory Growth & Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| USGRX | Shares | 0.83% | none |
| UIGIX | Institutional Shares | 0.85% | 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.