USMIX Fees and Costs — Victory Extended Market Index Fund, Shares
Data updated: 2026-09-29
The net expense ratio is 0.34%: a 0.10% management fee plus 0.24% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $183K in broker commissions, 0.0249% of average net assets, and portfolio turnover was 18%.
USMIX Fees and Expenses
Annual operating expenses and sales charges of USMIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.34% |
| Fee waiver | — |
| Net expense ratio | 0.34% |
| 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 | No |
| Waived fees subject to recoupment | No |
USMIX Costs Over Time
On $10,000 invested in USMIX, assuming 5% a year before costs, total costs come to $231 over 5 years, cutting the return by 0.38% 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 0.34%) | $36 | $112 | $196 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $126 | $231 |
| Value after costs | $10,462 | $11,450 | $12,532 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
USMIX 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): 0.0249%
- Total broker commissions: $183K
- Bought from dealers (principal trades, not a cost): $653K
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $43.8M
- Net income from securities lending: $571K (0.078% of average net assets)
USMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $90K | 49.55% |
| Citadel Securities LLC | $68K | 37.75% |
| RBC Capital Markets, LLC | $6K | 3.39% |
| Citigroup Global Markets Inc. | $5K | 2.54% |
| Morgan Stanley & Co. LLC | $3K | 1.67% |
| Virtu Americas LLC | $3K | 1.38% |
| Amerivet Securities, Inc. | $2K | 1.30% |
| Wallachbeth Capital LLC | $2K | 1.19% |
| Roth Capital Partners, LLC | $1K | 0.65% |
| Goldman Sachs & Co. LLC | $1K | 0.57% |
USMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $386K | 59.10% |
| Susquehanna Securities | $219K | 33.56% |
| RBC Capital Markets, LLC | $25K | 3.76% |
| Wallachbeth Capital LLC | $19K | 2.98% |
| Virtu Americas LLC | $3K | 0.44% |
| Citigroup Global Markets Inc. | $1K | 0.15% |
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.