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Victory Target Retirement 2040 Fund (Formerly USAA Target Retirement 2040 Fund)
mutual fund
URFRX
Payout Change
Pending
Price as of:
$13.83
-0.01
-0.07%
primary theme
Target-Date 2040
share class
URFRX (Mutual Fund)
Victory Target Retirement 2040 Fund (Formerly USAA Target Retirement 2040 Fund)
Payout Change
Pending
Price as of:
$13.83
-0.01
-0.07%
primary theme
Target-Date 2040
share class
URFRX (Mutual Fund)
Victory Target Retirement 2040 Fund (Formerly USAA Target Retirement 2040 Fund)
Payout Change
Pending
Price as of:
$13.83
-0.01
-0.07%
primary theme
Target-Date 2040
share class
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$13.83
$1.53 B
2.14%
$0.30
0.56%
Vitals
YTD Return
14.6%
1 yr return
20.1%
3 Yr Avg Return
3.8%
5 Yr Avg Return
7.0%
Net Assets
$1.53 B
Holdings in Top 10
63.9%
52 WEEK LOW AND HIGH
$13.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$13.83
$1.53 B
2.14%
$0.30
0.56%
URFRX - Profile
Distributions
- YTD Total Return 14.6%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 7.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.18%
- Dividend Yield 2.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVictory Target Retirement 2040 Fund (Formerly USAA Target Retirement 2040 Fund)
-
Fund Family NameUSAA
-
Inception DateAug 29, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLance Humphrey
URFRX - Performance
Return Ranking - Trailing
| Period | URFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.6% | 10.9% | 24.3% | 83.42% |
| 1 Yr | 20.1% | 16.4% | 27.1% | 90.91% |
| 3 Yr | 3.8%* | -0.1% | 7.5% | 86.56% |
| 5 Yr | 7.0%* | 5.7% | 10.8% | 92.12% |
| 10 Yr | 6.4%* | 5.4% | 9.4% | 93.07% |
* Annualized
Return Ranking - Calendar
| Period | URFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.7% | 9.0% | 18.3% | 74.19% |
| 2022 | -23.4% | -60.3% | -15.8% | 53.23% |
| 2021 | 7.4% | -6.3% | 17.5% | 44.07% |
| 2020 | 3.5% | 3.3% | 14.9% | 99.39% |
| 2019 | 6.0% | 6.0% | 22.6% | 100.00% |
Total Return Ranking - Trailing
| Period | URFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.6% | 10.9% | 24.3% | 83.42% |
| 1 Yr | 20.1% | 16.4% | 27.1% | 90.91% |
| 3 Yr | 3.8%* | -0.1% | 7.5% | 86.56% |
| 5 Yr | 7.0%* | 5.7% | 10.8% | 92.12% |
| 10 Yr | 6.4%* | 5.4% | 9.4% | 93.07% |
* Annualized
Total Return Ranking - Calendar
| Period | URFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.2% | 11.9% | 37.9% | 76.34% |
| 2022 | -15.1% | -29.4% | -2.8% | 15.59% |
| 2021 | 10.6% | 8.3% | 22.1% | 97.74% |
| 2020 | 9.2% | 8.2% | 22.1% | 99.39% |
| 2019 | 19.6% | 19.6% | 40.1% | 100.00% |
NAV & Total Return History
URFRX - Holdings
Concentration Analysis
| URFRX | Category Low | Category High | URFRX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.53 B | 7.86 M | 82.6 B | 38.50% |
| Number of Holdings | 34 | 3 | 590 | 14.44% |
| Net Assets in Top 10 | 1.01 B | 7.3 M | 93.1 B | 47.06% |
| Weighting of Top 10 | 63.86% | 41.1% | 139.0% | 90.81% |
Top 10 Holdings
- VICTORY GLOBAL MANAGED VOLATILITY FUND 12.25%
- VICTORY TARGET MANAGED ALLOCATION FUND 11.61%
- VICTORY 500 INDEX FUND 6.81%
- VICTORY RS INTERNATIONAL R6 6.68%
- VICTORY GOVERNMENT SECURITIES FUND 6.42%
- VICTORY TRIVALENT INTL FUND C E R6 4.84%
- VICTORYSHARES INTERNATIONAL VA 4.28%
- VICTORYSHARES WESTEND US SECTOR ETF 4.24%
- VICTORY HIGH INCOME FUND 3.51%
- VICTORYSHARES EMERGING MARKETS 3.22%
Asset Allocation
| Weighting | Return Low | Return High | URFRX % Rank | |
|---|---|---|---|---|
| Cash | 0.28% | 0.00% | 40.33% | 35.83% |
| Convertible Bonds | 0.21% | 0.00% | 0.98% | 32.62% |
| Stocks | 0.00% | 0.00% | 100.08% | 95.19% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 44.92% |
| Other | 0.00% | -0.02% | 3.30% | 45.99% |
| Bonds | 0.00% | 0.00% | 16.22% | 56.68% |
URFRX - Expenses
Operational Fees
| URFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.56% | 0.01% | 6.94% | 71.12% |
| Management Fee | 0.00% | 0.00% | 0.86% | 13.59% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| URFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| URFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| URFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 16.00% | 2.00% | 112.00% | 22.49% |
URFRX - Distributions
Dividend Yield Analysis
| URFRX | Category Low | Category High | URFRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.14% | 0.00% | 8.83% | 35.83% |
Dividend Distribution Analysis
| URFRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| URFRX | Category Low | Category High | URFRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.18% | -0.21% | 4.18% | 0.55% |
Capital Gain Distribution Analysis
| URFRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2023 | $0.295 | OrdinaryDividend |
| Dec 18, 2023 | $0.181 | CapitalGainLongTerm |
| Dec 23, 2022 | $0.288 | OrdinaryDividend |
| Dec 19, 2022 | $0.861 | OrdinaryDividend |
| Dec 20, 2021 | $0.423 | OrdinaryDividend |
| May 07, 2021 | $0.000 | OrdinaryDividend |
| Dec 28, 2020 | $0.215 | OrdinaryDividend |
| Dec 18, 2020 | $0.500 | OrdinaryDividend |
| Dec 27, 2019 | $0.291 | OrdinaryDividend |
| Dec 18, 2019 | $0.011 | CapitalGainShortTerm |
| Dec 18, 2019 | $1.300 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.275 | OrdinaryDividend |
| Dec 11, 2018 | $0.013 | CapitalGainShortTerm |
| Dec 11, 2018 | $0.898 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.289 | OrdinaryDividend |
| Dec 11, 2017 | $0.024 | CapitalGainShortTerm |
| Dec 11, 2017 | $0.616 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.484 | OrdinaryDividend |
| Dec 09, 2016 | $0.023 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.000 | OrdinaryDividend |
| Dec 09, 2015 | $0.312 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.302 | OrdinaryDividend |
| Dec 08, 2014 | $0.000 | CapitalGainShortTerm |
| Dec 08, 2014 | $0.212 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.250 | OrdinaryDividend |
| Dec 06, 2013 | $0.040 | CapitalGainShortTerm |
| Dec 06, 2013 | $0.315 | CapitalGainLongTerm |
| Dec 27, 2012 | $0.221 | OrdinaryDividend |
| Dec 07, 2012 | $0.043 | CapitalGainLongTerm |
| Dec 28, 2011 | $0.186 | OrdinaryDividend |
| Dec 08, 2011 | $0.006 | CapitalGainShortTerm |
| Dec 08, 2011 | $0.023 | CapitalGainLongTerm |
| Dec 29, 2010 | $0.180 | OrdinaryDividend |
| Dec 09, 2010 | $0.003 | CapitalGainShortTerm |
| Dec 29, 2009 | $0.162 | OrdinaryDividend |
| Dec 10, 2009 | $0.001 | CapitalGainShortTerm |
| Dec 10, 2009 | $0.018 | CapitalGainLongTerm |
| Dec 29, 2008 | $0.121 | OrdinaryDividend |
URFRX - Fund Manager Analysis
Managers
Lance Humphrey
Start Date
Tenure
Tenure Rank
Jun 07, 2018
3.98
4.0%
Lance Humphrey is a Portfolio Manager for VictoryShares and Solutions. Mr. Humphrey has 10 years of investment experience, nine of which were with AMCO, which Victory Capital acquired in 2019. Lance Humphrey, CFA, is Executive Director of Global Multi Asset Portfolios at USAA Asset Management Company. Mr. Humphrey has started to engaged in investment since 2006. He holds a B.A. of Finance from Texas State University. He holds the CFA designation and is a member of the CFA Society of San Antonio.
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.
Lela Dunlap
Start Date
Tenure
Tenure Rank
Oct 15, 2021
0.62
0.6%
Lela Dunlap, CFA, Associate Portfolio Manager, VictoryShares and Solutions, has co-managed the Fund since August 2021. Mrs. Dunlap has 14 years of investment management experience, five years of which were with AMCO, which was acquired by the Adviser’s parent company in 2019. She holds the CFA designation and is a member of the CFA Society of San Antonio.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.59 | 5.77 | 2.41 |
