USWGX Fees and Costs — Victory Sustainable World Fund, Class A
Data updated: 2026-07-27
The net expense ratio is 1.36%: a 0.76% management fee, a 0.25% 12b-1 fee plus 0.63% other expenses, less a 0.28% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0736% of average net assets, and portfolio turnover was 50%.
USWGX Fees and Expenses
Annual operating expenses and sales charges of USWGX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.63% |
| Gross expense ratio | 1.64% |
| Fee waiver | −0.28% |
| Net expense ratio | 1.36% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
USWGX Costs Over Time
On $10,000 invested in USWGX, assuming 5% a year before costs, total costs come to $1,572 over 5 years, cutting the return by 2.72% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.36%) | $135 | $418 | $722 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $29 | $113 | $236 |
| Total costs | $746 | $1,128 | $1,572 |
| Value after costs | $9,754 | $10,448 | $11,191 |
| Impact on return, per year | 7.46% | 3.53% | 2.72% |
USWGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0736%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $679K
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $5.2M
- Net income from securities lending: $34K (0.002% of average net assets)
USWGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $254K | 31.28% |
| J.P. Morgan Securities LLC | $102K | 12.58% |
| UBS Securities LLC | $82K | 10.11% |
| Instinet, LLC | $72K | 8.81% |
| Citigroup Global Markets Inc. | $61K | 7.56% |
| BNP Paribas Securities Corp. | $57K | 7.03% |
| Cowen and Company, LLC | $53K | 6.55% |
| HSBC Securities (USA) Inc. | $47K | 5.79% |
| Jefferies LLC | $45K | 5.52% |
| Barclays Capital Inc. | $39K | 4.78% |
USWGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MUFG Securities Americas Inc. | $499K | 73.51% |
| CIC Market Solutions, Inc. | $180K | 26.49% |
Victory Sustainable World Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| UIWGX | Institutional Shares | 1.01% | none |
| USAWX | Shares | 1.03% | none |
| USWGX | Class A | 1.36% | 5.75% |
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.