Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today announced that three of its mutual funds
have received prestigious 2022 US Refinitiv Lipper Fund Awards
based on risk-adjusted returns for the period ended November 30,
2021.
Fund
Category
2022 Refinitiv Lipper Award
Victory Floating Rate Fund, Y (RSFYX)
Loan Participation
(out of 53 funds)
3 year
USAA® Ultra Short-Term Bond Fund, R6
(URUSX)
Ultra-Short Obligation
(out of 50 funds)
3 year
USAA® Ultra Short-Term Bond Fund,
Institutional (UUSIX)
Ultra-Short Obligation
(out of 46 funds)
5 year
USAA® Nasdaq-100 Index Fund, Fund Shares
(USNQX)
Large Cap Growth
(out of 140 funds)
10 year
“We are honored to
again have numerous funds recognized by Refinitiv Lipper,” said
David Brown, Chairman and Chief Executive Officer of Victory
Capital. “We
believe these well-respected industry awards speak to the depth and
quality of our offerings across our Investment Franchises and our
unwavering commitment to consistently deliver excellent, long-term
risk-adjusted returns to our fund shareholders.”
The Victory Floating Rate Fund seeks to provide a high level of
current income through investments primarily in floating rate loans
and other floating rate investments. Most of the Fund’s investments
will typically be below investment grade. The investment team
considers several factors such as the issuer’s credit quality,
management, capital structure, leverage, operational performance,
and the business outlook for the industry of the issuer.
The USAA Ultra Short-Term Bond Fund seeks to provide high
current income consistent with preservation of principal. The
Fund's principal investment strategy is to normally invest at least
80% of the fund's assets in investment-grade debt securities that
have a dollar-weighted average portfolio maturity of 18 months or
less. The Fund invests primarily in U.S. dollar-denominated debt
securities including obligations of U.S., state, and local
governments, their agencies and instrumentalities; mortgage- and
asset-backed securities; corporate debt securities; and repurchase
agreements.
The USAA Nasdaq-100 Index Fund seeks to match the performance,
before fees and expenses, of the Nasdaq-100 Index. The Nasdaq-100
Index represents 100 of the largest nonfinancial stocks traded on
the Nasdaq Stock Market. Under normal circumstances, the Fund will
invest at least 80% of its net assets in common stocks of companies
composing the Index and in roughly the same proportions as their
weightings in the Index. Consistent with the Index, the Fund may be
focused in the technology sector.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Refinitiv Lipper Fund Awards are based on the Lipper
Leader for Consistent Return rating, which is a risk-adjusted
performance measure calculated over 36, 60 and 120 months. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification wins the Refinitiv
Lipper Fund Award. For more information, see
https://lipperfundawards.com/. Although Refinitiv Lipper makes
reasonable efforts to ensure the accuracy and reliability of the
data contained herein, the accuracy is not guaranteed by Refinitiv
Lipper.
Victory Floating Rate Fund Class Y was selected from among 53
funds and 217 share classes in the loan participation fund category
over three years for the period ending November 30, 2021. USAA
Ultra Short-Term Bond Fund, R6 was selected from among 50 funds and
145 share classes in the ultra-short obligation category over three
years for the period ending November 30, 2021. USAA Ultra
Short-Term Bond Fund, Institutional was selected from among 46
funds and 120 share classes in the ultra-short obligation category
over five years for the period ending November 30, 2021. USAA
Nasdaq-100 Index Fund, Fund Shares was selected from among 140
funds and 419 share classes in the large cap growth category over
ten years for the period ending November 30, 2021.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $176.0 billion in assets under management as of February 28,
2022. It was ranked ninth on Fortune’s list of the 100 Fastest
Growing Companies for 2021. The Company operates a next-generation
business model combining boutique investment qualities with the
benefits of a fully integrated, centralized operating and
distribution platform.
Victory Capital provides specialized investment strategies to
institutions, intermediaries, retirement platforms and individual
investors. With 12 autonomous Investment Franchises and a Solutions
Platform, Victory Capital offers a wide array of investment
products, including mutual funds, ETFs, separately managed
accounts, alternative investments, third-party ETF model
strategies, collective investment trusts, private funds, and a 529
Education Savings Plan.
For more information, please visit www.vcm.com or follow us:
Twitter and LinkedIn
Past performance is not indicative of future results.
Carefully consider a fund's investment objectives, risks,
charges and expenses before investing. To obtain a prospectus or
summary prospectus containing this and other important information,
visit www.vcm.com/prospectus. Read it
carefully before investing.
Victory Capital means Victory Capital Management Inc., the
investment adviser of the USAA Mutual Funds. USAA Mutual Funds are
distributed by Victory Capital Services, Inc., member FINRA, an
affiliate of Victory Capital. Victory Capital and its affiliates
are not affiliated with United Services Automobile Association or
its affiliates. USAA and the USAA logos are registered trademarks
and the USAA Mutual Funds and USAA Investments logos are trademarks
of United Services Automobile Association and are being used by
Victory Capital and its affiliates under license.
Park Avenue Institutional Advisers LLC is the sub adviser to the
Victory Floating Rate Fund. The Fund is distributed by Victory
Capital Services, Inc., member FINRA, an affiliate of Victory
Capital Management Inc. Victory Capital Management Inc. is the
adviser to the Fund and is not affiliated with Park Avenue
Institutional Advisers LLC. Park Avenue Institutional Advisers LLC
is not affiliated with United States Automobile Association or its
affiliates.
Class Y Shares are available only to select investors; see each
Fund’s prospectus for details and information on other share
classes.
All investing involves risk, including the possible loss of
principal. The value of an investment will fluctuate in
response to macro factors such as general economic conditions,
interest rates and the political environment. An investment should
be made with an understanding of the risks involved with owning a
particular security or asset class. Portfolios that are
concentrated in a specific sector or industry may be subject to a
higher degree of market risk than a portfolio whose investments are
more diversified.
The value of your investment is also subject to geopolitical
risks such as wars, terrorism, environmental disasters, and public
health crises; the risk of technology malfunctions or disruptions;
and the responses to such events by governments and/or individual
companies.
©2021 Fortune Media IP Limited All rights reserved. Fortune is a
registered trademark of Fortune Media IP Limited and is used under
license. Fortune and Fortune Media IP Limited are not affiliated
with, and do not endorse products or services of, Victory Capital
Management Inc.
Fortune’s annual list ranks the top performing, publicly traded
companies in revenues, profits and stock returns over the
three-year period ended April 30, 2021.
Refinitiv Lipper Fund Awards, ©2022 Refinitiv. All rights
reserved. Used under license.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220314005260/en/
Investors: Matthew Dennis, CFA Chief of Staff Director,
Investor Relations 216-898-2412 mdennis@vcm.com
Media: Tricia Ross 310-622-8226 tross@finprofiles.com
Victory Capital (NASDAQ:VCTR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Victory Capital (NASDAQ:VCTR)
Historical Stock Chart
From Jul 2023 to Jul 2024