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Victory Sycamore Established Value Fund
VEVRX (Mutual Fund)
Victory Sycamore Established Value Fund
Name
As of 12/10/2024Price
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
Vitals
YTD Return
15.2%
1 yr return
19.9%
3 Yr Avg Return
8.3%
5 Yr Avg Return
12.6%
Net Assets
$18.3 B
Holdings in Top 10
20.1%
52 WEEK LOW AND HIGH
$53.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
VEVRX - Profile
Distributions
- YTD Total Return 15.2%
- 3 Yr Annualized Total Return 8.3%
- 5 Yr Annualized Total Return 12.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.68%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVictory Sycamore Established Value Fund
-
Fund Family NameVictory Portfolios
-
Inception DateMar 04, 2014
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGary Miller
Fund Description
The Adviser pursues the Fund’s investment objective by investing primarily in the equity securities of companies that the Adviser believes to be undervalued relative to the underlying earnings potential of the company. Under normal circumstances, at least 80% of the Fund’s assets will be invested in equity securities of companies with market capitalizations, at the time of purchase, within the range of companies comprising the Russell Midcap® Value Index. The Fund may invest a portion of its assets in equity securities of foreign companies traded in the United States, including American Depositary Receipts and Global Depositary Receipts (“ADRs” and “GDRs”).As of September 30, 2024, the Russell Midcap® Value Index included companies with approximate market capitalizations between $344.9 million and $62.8 billion. The size of companies in the index changes with market conditions and the composition of the index.The Adviser invests in companies that it believes to be of high quality based on criteria such as market share position, profitability, balance sheet strength, competitive advantages, management competence and the ability to generate excess cash flow. The Adviser uses a bottom-up investment process in conducting fundamental analysis to identify companies that have sustainable returns trading below the Adviser’s assessment of intrinsic value and prospects for an inflection in business fundamentals that will enable the stock price to be revalued higher. The Adviser may sell a security if it believes the stock has reached its fair value estimate, if a more attractive opportunity is identified, or if the fundamentals of the company deteriorate.
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VEVRX - Performance
Return Ranking - Trailing
| Period | VEVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.2% | 7.2% | 39.2% | 57.50% |
| 1 Yr | 19.9% | 12.6% | 44.8% | 63.89% |
| 3 Yr | 8.3%* | -0.7% | 18.1% | 35.49% |
| 5 Yr | 12.6%* | 1.0% | 18.9% | 16.09% |
| 10 Yr | 10.1%* | 1.8% | 11.9% | 8.75% |
* Annualized
Return Ranking - Calendar
| Period | VEVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.7% | -11.3% | 33.3% | 80.83% |
| 2022 | -9.9% | -41.6% | 2.3% | 21.35% |
| 2021 | 21.4% | -41.5% | 44.9% | 43.38% |
| 2020 | 2.1% | -29.0% | 22.1% | 43.27% |
| 2019 | 21.2% | -8.1% | 31.2% | 53.55% |
Total Return Ranking - Trailing
| Period | VEVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.2% | 7.2% | 39.2% | 57.50% |
| 1 Yr | 19.9% | 12.6% | 44.8% | 63.89% |
| 3 Yr | 8.3%* | -0.7% | 18.1% | 35.49% |
| 5 Yr | 12.6%* | 1.0% | 18.9% | 16.09% |
| 10 Yr | 10.1%* | 1.8% | 11.9% | 8.75% |
* Annualized
Total Return Ranking - Calendar
| Period | VEVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.3% | -1.7% | 36.5% | 74.72% |
| 2022 | -2.5% | -35.0% | 2.4% | 8.71% |
| 2021 | 31.9% | 6.2% | 48.3% | 22.25% |
| 2020 | 8.2% | -22.9% | 23.2% | 12.89% |
| 2019 | 28.8% | -3.0% | 35.7% | 34.02% |
NAV & Total Return History
VEVRX - Holdings
Concentration Analysis
| VEVRX | Category Low | Category High | VEVRX % Rank | |
|---|---|---|---|---|
| Net Assets | 18.3 B | 991 K | 28 B | 4.16% |
| Number of Holdings | 77 | 8 | 2308 | 50.14% |
| Net Assets in Top 10 | 3.9 B | 349 K | 5.52 B | 2.77% |
| Weighting of Top 10 | 20.06% | 4.6% | 100.2% | 55.12% |
Top 10 Holdings
- ALLIANT ENERGY CORP 2.37%
- NNN REIT INC 2.21%
- WILLIS TOWERS WATSON PLC 2.18%
- US FOODS HOLDING CORP 2.04%
- CROWN HOLDINGS INC 2.03%
- QUEST DIAGNOSTICS INC 1.96%
- BJ S WHOLESALE CLUB HOLDINGS INC 1.90%
- TARGET CORP 1.85%
- HARTFORD FINANCIAL SERVICES GROUP INC THE 1.77%
- CAMDEN PROPERTY TRUST 1.76%
Asset Allocation
| Weighting | Return Low | Return High | VEVRX % Rank | |
|---|---|---|---|---|
| Stocks | 97.89% | 55.64% | 103.53% | 65.37% |
| Cash | 1.43% | 0.00% | 27.43% | 50.97% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 39.61% |
| Other | 0.00% | 0.00% | 7.98% | 62.88% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 35.65% |
| Bonds | 0.00% | 0.00% | 19.09% | 38.23% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VEVRX % Rank | |
|---|---|---|---|---|
| Industrials | 23.86% | 0.00% | 29.02% | 4.46% |
| Financial Services | 15.56% | 0.00% | 60.11% | 72.98% |
| Consumer Cyclical | 10.15% | 0.00% | 29.62% | 62.12% |
| Technology | 9.97% | 0.00% | 30.07% | 41.23% |
| Real Estate | 8.97% | 0.00% | 40.74% | 35.38% |
| Basic Materials | 8.40% | 0.00% | 23.88% | 16.43% |
| Consumer Defense | 7.80% | 0.00% | 33.79% | 20.61% |
| Energy | 6.01% | 0.00% | 29.17% | 70.75% |
| Healthcare | 4.91% | 0.00% | 32.47% | 89.97% |
| Utilities | 3.37% | 0.00% | 24.69% | 75.49% |
| Communication Services | 1.00% | 0.00% | 19.80% | 81.89% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VEVRX % Rank | |
|---|---|---|---|---|
| US | 97.89% | 55.64% | 103.53% | 54.02% |
| Non US | 0.00% | 0.00% | 33.85% | 50.69% |
VEVRX - Expenses
Operational Fees
| VEVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.54% | 0.06% | 16.92% | 91.11% |
| Management Fee | 0.45% | 0.00% | 1.20% | 9.42% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.99% |
| Administrative Fee | N/A | 0.01% | 0.40% | 51.24% |
Sales Fees
| VEVRX 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
| VEVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| VEVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 32.00% | 0.00% | 227.00% | 30.40% |
VEVRX - Distributions
Dividend Yield Analysis
| VEVRX | Category Low | Category High | VEVRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.92% | 0.00% | 22.79% | 14.72% |
Dividend Distribution Analysis
| VEVRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| VEVRX | Category Low | Category High | VEVRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.68% | -1.84% | 4.73% | 8.38% |
Capital Gain Distribution Analysis
| VEVRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.123 | OrdinaryDividend |
| Mar 25, 2024 | $0.144 | OrdinaryDividend |
| Dec 21, 2023 | $0.261 | OrdinaryDividend |
| Dec 13, 2023 | $0.101 | CapitalGainShortTerm |
| Dec 13, 2023 | $2.096 | CapitalGainLongTerm |
| Sep 18, 2023 | $0.127 | OrdinaryDividend |
| Jun 21, 2023 | $0.190 | OrdinaryDividend |
| Mar 21, 2023 | $0.103 | OrdinaryDividend |
| Dec 21, 2022 | $0.227 | OrdinaryDividend |
| Dec 14, 2022 | $2.945 | OrdinaryDividend |
| Sep 19, 2022 | $0.183 | OrdinaryDividend |
| Jun 22, 2022 | $0.212 | OrdinaryDividend |
| Mar 22, 2022 | $0.149 | OrdinaryDividend |
| Dec 22, 2021 | $0.364 | OrdinaryDividend |
| Dec 16, 2021 | $3.309 | OrdinaryDividend |
| Sep 20, 2021 | $0.135 | OrdinaryDividend |
| Jun 22, 2021 | $0.234 | OrdinaryDividend |
| Mar 22, 2021 | $0.141 | OrdinaryDividend |
| Dec 22, 2020 | $0.166 | OrdinaryDividend |
| Dec 16, 2020 | $1.668 | OrdinaryDividend |
| Sep 23, 2020 | $0.132 | OrdinaryDividend |
| Jun 24, 2020 | $0.118 | OrdinaryDividend |
| Mar 25, 2020 | $0.166 | OrdinaryDividend |
| Dec 23, 2019 | $0.186 | OrdinaryDividend |
| Dec 17, 2019 | $0.120 | CapitalGainShortTerm |
| Dec 17, 2019 | $1.777 | CapitalGainLongTerm |
| Sep 25, 2019 | $0.116 | OrdinaryDividend |
| Jun 25, 2019 | $0.140 | OrdinaryDividend |
| Mar 26, 2019 | $0.117 | OrdinaryDividend |
| Dec 26, 2018 | $0.147 | OrdinaryDividend |
| Dec 19, 2018 | $0.263 | CapitalGainShortTerm |
| Dec 19, 2018 | $2.787 | CapitalGainLongTerm |
| Jun 26, 2018 | $0.112 | OrdinaryDividend |
| Mar 26, 2018 | $0.117 | OrdinaryDividend |
| Dec 26, 2017 | $0.127 | OrdinaryDividend |
| Dec 20, 2017 | $0.227 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.766 | CapitalGainLongTerm |
| Sep 26, 2017 | $0.085 | OrdinaryDividend |
| Jun 27, 2017 | $0.086 | OrdinaryDividend |
| Mar 28, 2017 | $0.074 | OrdinaryDividend |
| Dec 28, 2016 | $0.098 | OrdinaryDividend |
| Dec 28, 2016 | $0.348 | CapitalGainLongTerm |
| Sep 28, 2016 | $0.070 | OrdinaryDividend |
| Jun 28, 2016 | $0.071 | OrdinaryDividend |
| Mar 29, 2016 | $0.064 | OrdinaryDividend |
| Dec 29, 2015 | $0.124 | OrdinaryDividend |
| Dec 29, 2015 | $0.424 | CapitalGainShortTerm |
| Dec 29, 2015 | $2.811 | CapitalGainLongTerm |
| Sep 28, 2015 | $0.080 | OrdinaryDividend |
| Jun 26, 2015 | $0.117 | OrdinaryDividend |
| Mar 27, 2015 | $0.088 | OrdinaryDividend |
| Dec 29, 2014 | $0.248 | OrdinaryDividend |
| Sep 26, 2014 | $0.088 | OrdinaryDividend |
| Jun 26, 2014 | $0.090 | OrdinaryDividend |
| Mar 26, 2014 | $0.071 | OrdinaryDividend |
VEVRX - Fund Manager Analysis
Managers
Gary Miller
Start Date
Tenure
Tenure Rank
Jul 31, 1998
23.85
23.9%
Gary Miller is Chief Investment Officer of Sycamore Capital. He is also lead portfolio manager of the Small Cap Value Equity and Mid Cap Value Equity strategies. The Victory Small Cap Value Equity and Mid Cap Value Equity team was renamed Sycamore Capital on April 1, 2015. Sycamore Capital is a Victory Capital investment franchise. Mr. Miller joined Victory Capital in 1987. Prior to his tenure as portfolio manager, he served as an equity research analyst for the Small Cap Value and Mid Cap Value Equity strategies. Mr. Miller holds a B.B.A. in accounting from the University of Cincinnati and an MBA from Xavier University.
Gregory Conners
Start Date
Tenure
Tenure Rank
Mar 01, 2002
20.26
20.3%
Greg Conners is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Conners joined Victory Capital in 1999 with four years’ prior investment experience as a small-cap research analyst with Carillon Advisers. Prior to his tenure as portfolio manager, he served as a research analyst for the Small Cap Value Equity strategy. Mr. Conners holds a B.S. in economics from College of Mount St. Joseph and an MBA from Xavier University.
Jeffrey Graff
Start Date
Tenure
Tenure Rank
Mar 01, 2007
15.26
15.3%
Jeffrey Graff is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Graff joined Victory Capital in 2001 with six years’ prior investment experience. Previously, he was employed as an equity analyst with A.G. Edwards & Sons. He began his career in the investment industry as an equity research associate for Roulston & Company. Mr. Graff holds a B.B.A. from Cleveland State University and an M.Fin. from St. Louis University. He is a CFA® charterholder.Mr. Graff began his investment career in 1994.
Michael Rodarte
Start Date
Tenure
Tenure Rank
Dec 31, 2012
9.42
9.4%
Michael Rodarte is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Rodarte joined Victory Capital in 2006. Previously, he worked as an analyst with KeyBanc Capital Markets in its corporate and investment banking groups. Mr. Rodarte earned his B.B.A. in finance, economics, and international business from Ohio University. He is a CFA® charterholder.
James Albers
Start Date
Tenure
Tenure Rank
Dec 31, 2012
9.42
9.4%
James Albers is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Albers joined Victory Capital in 2005.Mr. Albers began his investment career in 1997. Previously, he worked as a consultant with Accenture and IBM Global Services. Mr. Albers earned a B.S. and an MBA from the University of Wisconsin. He is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.15 | 10.92 |
