Charles Booth
Citi Fund Services Ohio, Inc.
4400 Easton Commons, Suite 200
Columbus, Ohio 43219 |
Christopher K. Dyer
Victory Portfolios II
4900 Tiedeman Road, 4th Floor
Brooklyn, OH 44144 |
Jay G. Baris
Sidley Austin LLP
787 Seventh Avenue
New York, New York 10019 |
1 | |
1 | |
7 | |
13 | |
20 | |
26 | |
32 | |
39 | |
46 | |
52 | |
58 | |
65 | |
72 | |
79 | |
87 | |
94 | |
97 | |
98 | |
108 | |
109 | |
111 | |
113 | |
114 | |
117 | |
119 | |
134 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
S&P 500® Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Large Cap 500 Volatility Weighted Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell 2000® Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Small Cap 500 Volatility Weighted Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI EAFE Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
Nasdaq Victory International 500 Volatility Weighted Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell 1000 Value Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Large Cap High Dividend 100 Volatility Weighted Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell 2000® Value Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Small Cap High Dividend 100 Volatility Weighted Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI EAFE Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
Nasdaq Victory International High Dividend 100 Volatility Weighted Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Interest Fees |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
MSCI Emerging Markets Index
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes |
- |
|
Nasdaq Victory Emerging Market High Dividend 100 Volatility Weighted Index
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
S&P 500® Index
reflects no deduction for fees, expenses or taxes |
|
|
Nasdaq Victory Dividend Accelerator Index
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2017 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
S&P 500® Index
reflects no deduction for fees, expenses or taxes |
|
|
Nasdaq Victory US Multi-Factor Minimum Volatility Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2017 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Acquired Fund Fees and Expenses1
|
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement2
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement2
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
S&P 500® Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Large Cap 500 Long/Cash Vol.Wtd Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell 1000 Value Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Large Cap High Div. 100 Long/Cash Vol. Wtd Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Acquired Fund Fees and Expenses1
|
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement2
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement2
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell 2000® Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Nasdaq Victory US Small Cap 500 Long/Cash Volatility Weighted Index
reflects no deduction for fees, expenses or taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Acquired Fund Fees and Expenses1
|
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement2
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement2
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
5 Years |
Life of
Fund |
FUND | |||
Before Taxes |
|
|
|
After Taxes on Distributions |
|
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI EAFE Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
Nasdaq Victory International 500 Long/Cash Volatility Weighted Index
reflects no deduction for fees, expenses, or taxes, except foreign
withholding taxes |
|
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since 2018 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Index | ||
Nasdaq Q-50 Index
reflects no deduction for fees, expenses, or taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA, CAIA®
|
President, VictoryShares and
Solutions |
Since September 2020 |
|
US 500 Fund |
US Small Cap Fund |
International Fund |
US Large Cap High Div Fund |
US Small Cap High Div Fund |
International High Div Fund |
Emerging Market High Div Fund |
Dividend Accelerator Fund |
US Multi-Factor Vol Fund |
US 500 Enhanced Fund |
US EQ Income Enhanced Fund |
Discovery Enhanced Fund |
Developed Enhanced Fund |
Next 50 Fund |
Calculation
Methodology
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Concentration
and Sector
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Debt Security
Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Dividend
Income Risk |
|
|
|
X |
X |
X |
X |
X |
|
|
X |
|
|
|
Emerging
Markets Risk |
|
|
|
|
|
|
X |
|
|
|
|
|
|
|
Equity Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
ETF
Structure Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Foreign
Investment
Risk |
|
|
X |
|
|
X |
X |
|
|
|
|
|
X |
X |
Index/
Defensive Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Investment
Company Risk |
|
|
|
|
|
|
X |
|
|
X |
X |
X |
X |
|
Investment
Strategy Risk |
|
|
|
X |
X |
X |
X |
X |
|
X |
|
|
|
|
Large Cap
Risk |
X |
|
|
X |
|
|
|
X |
X |
X |
X |
|
|
X |
Large
Shareholder
Risk |
|
|
X |
|
|
|
|
X |
X |
|
|
|
|
X |
Limited
History Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Limited
Portfolio Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Liquidity Risk |
|
X |
|
|
X |
|
X |
|
|
|
|
X |
|
|
Mid-Cap
Company Risk |
|
|
|
|
|
|
|
X |
X |
|
|
|
|
X |
Passive
Investment
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Portfolio
Turnover Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Rebalancing
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Sampling Risk |
|
|
X |
|
|
X |
X |
|
|
|
|
|
X |
|
Seed Investor
or Large
Shareholder
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Smaller
Company Risk |
|
X |
|
|
X |
|
X |
|
X |
|
|
X |
|
|
Stock Market
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Tracking Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Valuation Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Fund |
Advisory Fee |
US 500 Fund |
0.30% |
US Small Cap Fund |
0.30% |
International Fund |
0.40% |
US Large Cap High Div Fund |
0.30% |
US Small Cap High Div Fund |
0.30% |
International High Div Fund |
0.40% |
Emerging Market High Div Fund |
0.45% |
Dividend Accelerator Fund |
0.30% |
US Multi-Factor Fund |
0.30% |
US 500 Enhanced Fund |
0.30% |
US EQ Income Enhanced Fund |
0.30% |
Discovery Enhanced Fund |
0.30% |
Developed Enhanced Fund |
0.40% |
Next 50 ETF |
0.15% |
NAV= |
Total Assets - Liabilities |
Number of Shares Outstanding |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$71.26 |
$50.57 |
$52.46 |
$49.34 |
$44.05 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.94 |
0.69 |
0.77 |
0.73 |
0.63 |
Net Realized and Unrealized Gains
(Losses) |
(6.99) |
20.68 |
(1.88) |
3.09 |
5.26 |
Total from Investment Activities |
(6.05) |
21.37 |
(1.11) |
3.82 |
5.89 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.94) |
(0.68) |
(0.78) |
(0.70) |
(0.60) |
Total Distributions |
(0.94) |
(0.68) |
(0.78) |
(0.70) |
(0.60) |
Net Asset Value, End of Period |
$64.27 |
$71.26 |
$50.57 |
$52.46 |
$49.34 |
Total Return |
(8.63)% |
42.51% |
(2.12)% |
7.86% |
13.42% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.30% |
1.13% |
1.49% |
1.48% |
1.32% |
Gross Expenses(b) |
0.38% |
0.39% |
0.40% |
0.40% |
0.41% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$533,403 |
$705,437 |
$670,005 |
$731,775 |
$567,370 |
Portfolio Turnover(c) |
21% |
34% |
28% |
46% |
36% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$64.96 |
$40.22 |
$45.87 |
$48.54 |
$42.40 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.86 |
0.70 |
0.59 |
0.63 |
0.50 |
Net Realized and Unrealized Gains
(Losses) |
(8.44) |
24.76 |
(5.62) |
(2.62) |
6.14 |
Total from Investment Activities |
(7.58) |
25.46 |
(5.03) |
(1.99) |
6.64 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.84) |
(0.72) |
(0.62) |
(0.68) |
(0.50) |
Total Distributions |
(0.84) |
(0.72) |
(0.62) |
(0.68) |
(0.50) |
Net Asset Value, End of Period |
$56.54 |
$64.96 |
$40.22 |
$45.87 |
$48.54 |
Total Return |
(11.82)% |
63.72% |
(11.00)% |
(4.07)% |
15.75% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.33% |
1.30% |
1.35% |
1.36% |
1.10% |
Gross Expenses(b) |
0.58% |
0.55% |
0.55% |
0.46% |
0.47% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$22,617 |
$25,986 |
$16,089 |
$29,814 |
$41,261 |
Portfolio Turnover(c) |
55% |
71% |
50% |
62% |
47% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$44.89 |
$34.63 |
$38.12 |
$39.09 |
$37.20 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
1.20 |
0.95 |
0.77 |
1.17 |
1.04 |
Net Realized and Unrealized Gains (Losses) |
(8.23) |
10.25 |
(3.51) |
(1.07) |
1.81 |
Total from Investment Activities |
(7.03) |
11.20 |
(2.74) |
0.10 |
2.85 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.50) |
(0.94) |
(0.75) |
(1.07) |
(0.96) |
Total Distributions |
(1.50) |
(0.94) |
(0.75) |
(1.07) |
(0.96) |
Net Asset Value, End of Period |
$36.36 |
$44.89 |
$34.63 |
$38.12 |
$39.09 |
Total Return |
(16.10)% |
32.59% |
(7.23)% |
0.33% |
7.62% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net Investment Income (Loss) |
2.79% |
2.34% |
2.12% |
3.14% |
2.61% |
Gross Expenses(b) |
0.58% |
0.63% |
0.64% |
0.73% |
0.98% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$92,713 |
$116,710 |
$83,120 |
$36,215 |
$21,497 |
Portfolio Turnover(c) |
32% |
45% |
41% |
53% |
37% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$56.68 |
$39.52 |
$47.03 |
$45.06 |
$42.17 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
1.84 |
1.45 |
1.58 |
1.51 |
1.34 |
Net Realized and Unrealized Gains
(Losses) |
1.30 |
17.10 |
(7.44) |
1.83 |
2.92 |
Total from Investment Activities |
3.14 |
18.55 |
(5.86) |
3.34 |
4.26 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.80) |
(1.39) |
(1.65) |
(1.37) |
(1.37) |
Net Realized Gains from Investments |
— |
— |
— |
— |
— |
Total Distributions |
(1.80) |
(1.39) |
(1.65) |
(1.37) |
(1.37) |
Net Asset Value, End of Period |
$58.02 |
$56.68 |
$39.52 |
$47.03 |
$45.06 |
Total Return |
5.50% |
47.74% |
(12.78)% |
7.59% |
10.23% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
3.06% |
3.04% |
3.47% |
3.33% |
3.04% |
Gross Expenses(b) |
0.40% |
0.41% |
0.41% |
0.42% |
0.42% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$284,307 |
$221,056 |
$193,635 |
$331,527 |
$144,187 |
Portfolio Turnover(c) |
43% |
67% |
56% |
66% |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$59.95 |
$36.75 |
$44.28 |
$45.96 |
$40.41 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
1.83 |
1.85 |
1.53 |
1.38 |
1.39 |
Net Realized and Unrealized Gains
(Losses) |
(7.52) |
23.26 |
(7.47) |
(1.74) |
5.61 |
Total from Investment Activities |
(5.69) |
25.11 |
(5.94) |
(0.36) |
7.00 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.83) |
(1.91) |
(1.59) |
(1.32) |
(1.45) |
Net Realized Gains from Investments |
— |
— |
— |
— |
— |
Total Distributions |
(1.83) |
(1.91) |
(1.59) |
(1.32) |
(1.45) |
Net Asset Value, End of Period |
$52.43 |
$59.95 |
$36.75 |
$44.28 |
$45.96 |
Total Return |
(9.76)% |
69.75% |
(13.61)% |
(0.70)% |
17.64% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
3.14% |
3.51% |
3.69% |
3.10% |
3.23% |
Gross Expenses(b) |
0.40% |
0.42% |
0.44% |
0.44% |
0.45% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$270,019 |
$251,797 |
$66,142 |
$75,277 |
$43,665 |
Portfolio Turnover(c) |
68% |
104% |
68% |
83% |
68% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$32.83 |
$25.32 |
$32.43 |
$33.94 |
$34.25 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
1.80 |
1.11 |
1.02 |
1.63 |
1.47 |
Net Realized and Unrealized Gains (Losses) |
(3.63) |
7.73 |
(7.13) |
(1.48) |
(0.41) |
Total from Investment Activities |
(1.83) |
8.84 |
(6.11) |
0.15 |
1.06 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.84) |
(1.33) |
(1.00) |
(1.66) |
(1.37) |
Net Realized Gains from Investments |
— |
— |
— |
— |
— |
Total Distributions |
(1.84) |
(1.33) |
(1.00) |
(1.66) |
(1.37) |
Net Asset Value, End of Period |
$29.16 |
$32.83 |
$25.32 |
$32.43 |
$33.94 |
Total Return |
(5.92)% |
35.49% |
(19.22)% |
0.58% |
3.00% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net Investment Income (Loss) |
5.57% |
3.95% |
3.45% |
5.06% |
4.14% |
Gross Expenses(b) |
0.85% |
0.66% |
0.57% |
0.59% |
0.60% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$16,038 |
$22,978 |
$62,042 |
$40,540 |
$45,824 |
Portfolio Turnover(c) |
62% |
111% |
71% |
76% |
58% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
10/26/17(a)
through
6/30/18 |
Net Asset Value, Beginning of Period |
$24.61 |
$19.71 |
$24.39 |
$23.92 |
$24.95 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(b) |
1.32 |
0.99 |
0.94 |
1.31 |
0.78 |
Net Realized and Unrealized Gains
(Losses) |
(5.66) |
4.73 |
(4.63) |
0.35 |
(1.29) |
Total from Investment Activities |
(4.34) |
5.72 |
(3.69) |
1.66 |
(0.51) |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.45) |
(0.82) |
(0.99) |
(1.05) |
(0.52) |
Net Realized Gains from Investments |
— |
— |
— |
(0.14) |
— |
Total Distributions |
(1.45) |
(0.82) |
(0.99) |
(1.19) |
(0.52) |
Net Asset Value, End of Period |
$18.82 |
$24.61 |
$19.71 |
$24.39 |
$23.92 |
Total Return(c) |
(18.55)% |
29.69% |
(15.55)% |
7.30% |
(2.17)% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(d)(e) |
0.51%(f) |
0.50% |
0.50% |
0.51%(f) |
0.50% |
Net Investment Income (Loss)(e) |
5.76% |
4.55% |
4.24% |
5.52% |
4.44% |
Gross Expenses(d)(e) |
1.40% |
1.19% |
0.85% |
0.88% |
1.05% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$10,351 |
$19,686 |
$21,679 |
$40,251 |
$21,532 |
Portfolio Turnover(c)(g) |
86% |
101% |
86% |
103% |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$44.12 |
$33.14 |
$32.90 |
$28.41 |
$25.95 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.70 |
0.66 |
0.55 |
0.48 |
0.48 |
Net Realized and Unrealized Gains (Losses) |
(2.63) |
10.95 |
0.19 |
4.47 |
2.45 |
Total from Investment Activities |
(1.93) |
11.61 |
0.74 |
4.95 |
2.93 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.71) |
(0.63) |
(0.50) |
(0.46) |
(0.47) |
Net Realized Gains from Investments |
— |
— |
— |
— |
— |
Total Distributions |
(0.71) |
(0.63) |
(0.50) |
(0.46) |
(0.47) |
Net Asset Value, End of Period |
$41.48 |
$44.12 |
$33.14 |
$32.90 |
$28.41 |
Total Return |
(4.49)% |
35.33% |
2.23% |
17.60% |
11.33% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.55% |
1.67% |
1.65% |
1.57% |
1.75% |
Gross Expenses(b) |
0.39% |
0.40% |
0.42% |
0.59% |
0.67% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$277,909 |
$344,154 |
$235,277 |
$16,450 |
$7,102 |
Portfolio Turnover(c) |
43% |
41% |
74% |
62% |
43% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$38.15 |
$30.73 |
$30.87 |
$27.58 |
$24.83 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.66 |
0.62 |
0.70 |
0.73 |
0.63 |
Net Realized and Unrealized Gains (Losses) |
(1.39) |
7.43 |
(0.14) |
3.20 |
2.69 |
Total from Investment Activities |
(0.73) |
8.05 |
0.56 |
3.93 |
3.32 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.67) |
(0.63) |
(0.70) |
(0.64) |
(0.57) |
Total Distributions |
(0.67) |
(0.63) |
(0.70) |
(0.64) |
(0.57) |
Net Asset Value, End of Period |
$36.75 |
$38.15 |
$30.73 |
$30.87 |
$27.58 |
Total Return |
(2.04)% |
26.47% |
1.82% |
14.47% |
13.41% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.66% |
1.80% |
2.23% |
2.50% |
2.33% |
Gross Expenses(b) |
0.41% |
0.41% |
0.42% |
0.48% |
0.74% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$119,441 |
$164,065 |
$155,182 |
$43,213 |
$8,273 |
Portfolio Turnover(c) |
63% |
56% |
69% |
34% |
26% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$71.28 |
$51.88 |
$48.89 |
$49.30 |
$44.00 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.87 |
0.70 |
0.60 |
0.73 |
0.64 |
Net Realized and Unrealized Gains
(Losses) |
(6.95) |
19.32 |
3.04 |
(0.42) |
5.25 |
Total from Investment Activities |
(6.08) |
20.02 |
3.64 |
0.31 |
5.89 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.84) |
(0.62) |
(0.65) |
(0.72) |
(0.59) |
Total Distributions |
(0.84) |
(0.62) |
(0.65) |
(0.72) |
(0.59) |
Net Asset Value, End of Period |
$64.36 |
$71.28 |
$51.88 |
$48.89 |
$49.30 |
Total Return |
(8.67)% |
38.78% |
7.49% |
0.69% |
13.42% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.20% |
1.13% |
1.20% |
1.51% |
1.32% |
Gross Expenses(b) |
0.38% |
0.39% |
0.40% |
0.40% |
0.41% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$891,353 |
$937,341 |
$609,613 |
$828,729 |
$951,411 |
Portfolio Turnover(c) |
101%(d) |
34% |
56% |
116%(d) |
37% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$64.57 |
$46.58 |
$45.54 |
$46.29 |
$43.30 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
2.14 |
1.56 |
1.39 |
1.46 |
1.39 |
Net Realized and Unrealized Gains
(Losses) |
1.42(b) |
17.87 |
1.09 |
(0.80) |
2.99 |
Total from Investment Activities |
3.56 |
19.43 |
2.48 |
0.66 |
4.38 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(2.02) |
(1.44) |
(1.44) |
(1.41) |
(1.39) |
Total Distributions |
(2.02) |
(1.44) |
(1.44) |
(1.41) |
(1.39) |
Net Asset Value, End of Period |
$66.11 |
$64.57 |
$46.58 |
$45.54 |
$46.29 |
Total Return |
5.49% |
42.31% |
5.49% |
1.52% |
10.23% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(c) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
3.13% |
2.80% |
3.02% |
3.22% |
3.06% |
Gross Expenses(c) |
0.39% |
0.40% |
0.40% |
0.40% |
0.41% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$1,907,396 |
$916,846 |
$565,892 |
$696,814 |
$738,260 |
Portfolio Turnover(d) |
41% |
65%(e) |
116% |
143%(f) |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$60.55 |
$39.16 |
$37.80 |
$47.41 |
$41.41 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.69 |
0.62 |
0.44 |
0.64 |
0.50 |
Net Realized and Unrealized Gains (Losses) |
(5.48) |
21.38 |
1.42 |
(9.61) |
5.98 |
Total from Investment Activities |
(4.79) |
22.00 |
1.86 |
(8.97) |
6.48 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.70) |
(0.61) |
(0.50) |
(0.64) |
(0.48) |
Total Distributions |
(0.70) |
(0.61) |
(0.50) |
(0.64) |
(0.48) |
Net Asset Value, End of Period |
$55.06 |
$60.55 |
$39.16 |
$37.80 |
$47.41 |
Total Return |
(8.00)% |
56.47% |
5.00% |
(19.04)% |
15.75% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss) |
1.15% |
1.22% |
1.19% |
1.48% |
1.13% |
Gross Expenses(b) |
0.45% |
0.46% |
0.47% |
0.42% |
0.43% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$71,578 |
$63,572 |
$37,203 |
$92,614 |
$116,157 |
Portfolio Turnover(c) |
64% |
70%(d) |
232% |
398%(e) |
47% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net Asset Value, Beginning of Period |
$34.19 |
$26.92 |
$32.10 |
$33.79 |
$32.22 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(a) |
0.72 |
0.66 |
0.52 |
0.85 |
0.94 |
Net Realized and Unrealized Gains
(Losses) |
(4.45) |
7.26 |
(5.14) |
(1.59) |
1.45 |
Total from Investment Activities |
(3.73) |
7.92 |
(4.62) |
(0.74) |
2.39 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.00) |
(0.65) |
(0.56) |
(0.95) |
(0.82) |
Total Distributions |
(1.00) |
(0.65) |
(0.56) |
(0.95) |
(0.82) |
Net Asset Value, End of Period |
$29.46 |
$34.19 |
$26.92 |
$32.10 |
$33.79 |
Total Return |
(11.20)% |
29.63% |
(14.55)% |
(2.16)% |
7.41% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net Investment Income (Loss) |
2.17% |
2.16% |
1.69% |
2.63% |
2.73% |
Gross Expenses(b) |
0.81% |
0.88% |
0.65% |
0.56% |
0.58% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$35,349 |
$42,742 |
$48,455 |
$110,746 |
$179,103 |
Portfolio Turnover(c) |
37% |
55% |
33% |
154%(d) |
38% |
|
Year
Ended
6/30/22 |
9/10/20(a)
through
6/30/21 |
Net Asset Value, Beginning of Period |
$34.33 |
$25.45 |
Investment Activities |
|
|
Net Investment Income (Loss)(b) |
0.12 |
0.12 |
Net Realized and Unrealized Gains (Losses) |
(11.20) |
8.85 |
Total from Investment Activities |
(11.08) |
8.97 |
Distributions to Shareholders From |
|
|
Net Investment Income |
(0.13) |
(0.09) |
Total Distributions |
(0.13) |
(0.09) |
Net Asset Value, End of Period |
$23.12 |
$34.33 |
Total Return(c) |
(32.34)% |
35.26% |
Ratios to Average Net Assets |
|
|
Net Expenses(d)(e) |
0.18% |
0.18% |
Net Investment Income (Loss)(e) |
0.40% |
0.46% |
Gross Expenses(d)(e) |
0.31% |
0.30% |
Supplemental Data |
|
|
Net Assets, End of Period (000's) |
$95,364 |
$148,467 |
Portfolio Turnover(c)(f) |
95% |
68% |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
Title |
Tenure with the Fund |
Kurt Daum, JD |
Senior Portfolio Manager |
Since September 2021 |
John Spear, CFA |
Senior Portfolio Manager |
Since September 2021 |
James F. Jackson Jr., CFA |
Senior Portfolio Manager |
Since September 2021 |
R. Neal Graves, CFA, CPA |
Senior Portfolio Manager |
Since September 2021 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
Title |
Tenure with the Fund |
Kurt Daum, JD |
Senior Portfolio Manager |
Since September 2021 |
John Spear, CFA |
Senior Portfolio Manager |
Since September 2021 |
James F. Jackson Jr., CFA |
Senior Portfolio Manager |
Since September 2021 |
R. Neal Graves, CFA, CPA |
Senior Portfolio Manager |
Since September 2021 |
Risk Factor |
ESG Core Plus Bond ETF |
ESG Corporate Bond ETF |
Asset-Backed and Mortgage-Backed Securities Risk |
X |
|
Debt Securities or Bond Risk |
X |
X |
Derivatives Risk |
X |
X |
Exchange-Traded Fund (“ETF”) Structure Risk |
X |
X |
Foreign Investing Risk |
X |
X |
Geopolitical/Natural Disaster Risk |
X |
X |
High-Yield Bond Risk |
X |
X |
Limited History of Operations |
X |
X |
Liquidity Risk |
X |
X |
Management Risk |
X |
X |
Market Risk |
X |
X |
Responsible Investing Risk |
X |
X |
Seed Investor or Large Shareholder Risk |
X |
X |
U.S. Government Sponsored Enterprises (“GSEs”) Risk |
X |
|
Fund |
Advisory Fee |
VictoryShares ESG Core Plus Bond ETF |
0.35% |
VictoryShares ESG Corporate Bond ETF |
0.35% |
NAV= |
Total Assets - Liabilities |
Number of Shares Outstanding |
|
10/5/21(a)
through
6/30/22 |
Net Asset Value, Beginning of Period |
$25.00 |
Investment Activities |
|
Net Investment Income (Loss)(b) |
0.38 |
Net Realized and Unrealized Gains (Losses) |
(3.17) |
Total from Investment Activities |
(2.79) |
Distributions to Shareholders From |
|
Net Investment Income |
(0.29) |
Total Distributions |
(0.29) |
Net Asset Value, End of Period |
$21.92 |
Total Return(c) |
(11.20)% |
Ratios to Average Net Assets |
|
Net Expenses(d)(e) |
0.40% |
Net Investment Income (Loss)(d) |
2.20% |
Gross Expenses(d)(e) |
0.50% |
Supplemental Data |
|
Net Assets, End of Period (000's) |
$213,729 |
Portfolio Turnover(c)(f) |
56% |
|
10/5/21(a)
through
6/30/22 |
Net Asset Value, Beginning of Period |
$25.00 |
Investment Activities |
|
Net Investment Income (Loss)(b) |
0.37 |
Net Realized and Unrealized Gains (Losses) |
(4.19) |
Total from Investment Activities |
(3.82) |
Distributions to Shareholders From |
|
Net Investment Income |
(0.32) |
Total Distributions |
(0.32) |
Net Asset Value, End of Period |
$20.86 |
Total Return(c) |
(15.37)% |
Ratios to Average Net Assets |
|
Net Expenses(d)(e) |
0.40% |
Net Investment Income (Loss)(d) |
2.17% |
Gross Expenses(d)(e) |
0.53% |
Supplemental Data |
|
Net Assets, End of Period (000's) |
$104,323 |
Portfolio Turnover(c)(f) |
9% |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
Title |
Tenure with the Fund |
Christopher N. Cuesta |
Portfolio Manager |
Since September 2021 |
Manish Maheshwari |
Portfolio Manager |
Since September 2021 |
NAV= |
Total Assets - Liabilities |
Number of Shares Outstanding |
|
10/5/21(a)
through
6/30/22 |
Net Asset Value, Beginning of Period |
$23.74 |
Investment Activities |
|
Net Investment Income (Loss)(b) |
0.01 |
Net Realized and Unrealized Gains (Losses) |
(3.13) |
Total from Investment Activities |
(3.12) |
Distributions to Shareholders From |
|
Net Investment Income |
(0.08) |
Total Distributions |
(0.08) |
Net Asset Value, End of Period |
$20.54 |
Total Return(c) |
(13.23)% |
Ratios to Average Net Assets |
|
Net Expenses(d)(e) |
0.55% |
Net Investment Income (Loss)(d) |
0.06% |
Gross Expenses(d)(e) |
2.49% |
Supplemental Data |
|
Net Assets, End of Period (000's) |
$2,054 |
Portfolio Turnover(c)(f) |
17% |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq US 500 Large Cap Index
reflects no deduction for fees, expenses, or taxes |
|
|
Nasdaq Victory US Value Momentum Index
reflects no deduction for fees, expenses, or taxes2
|
|
|
MSCI USA Index
reflects no deduction for fees, expenses, or taxes |
|
|
MSCI USA Select Value Momentum Blend Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA |
President, VictoryShares and
Solutions |
Since 2019 |
Lance Humphrey, CFA |
Portfolio Manager, VictoryShares
and Solutions |
Since 2017 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq US 1300 Small Mid Cap Index
reflects no deduction for fees, expenses, or taxes |
|
|
Nasdaq Victory US Small Mid Cap Value Momentum Index
reflects no deduction for fees, expenses, or taxes2
|
|
|
MSCI USA Small Cap Index
reflects no deduction for fees, expenses, or taxes |
|
|
MSCI USA Small Cap Select Value Momentum Blend Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA |
President, VictoryShares and
Solutions |
Since 2019 |
Lance Humphrey, CFA |
Portfolio Manager, VictoryShares
and Solutions |
Since 2017 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq DM Ex United States Large Mid Cap Index
reflects no deduction for fees, expenses, or taxes |
|
|
Nasdaq Victory International Value Momentum Index
reflects no deduction for fees, expenses, or taxes2
|
|
|
MSCI World ex USA (Net) Index
reflects no deduction for fees, expenses or taxes |
|
|
MSCI World ex USA Select Value Momentum Blend Index
reflects no deduction for fees, expenses or taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA |
President, VictoryShares and
Solutions |
Since 2019 |
Lance Humphrey, CFA |
Portfolio Manager, VictoryShares
and Solutions |
Since 2017 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq Emerging Market Large Mid Cap Index
reflects no deduction for fees, expenses, or taxes |
- |
|
Nasdaq Victory Emerging Market Value Momentum Index
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes2
|
|
|
MSCI Emerging Markets Index (Net)
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes |
- |
|
MSCI Emerging Markets Select Value Momentum Blend Index
reflects no deduction for fees, expenses, or taxes, except foreign withholding taxes |
|
|
|
Title |
Tenure with the Fund |
Mannik Dhillon, CFA |
President, VictoryShares and
Solutions |
Since 2019 |
Lance Humphrey, CFA |
Portfolio Manager, VictoryShares
and Solutions |
Since 2017 |
Risk Factor |
US Fund |
US Small Mid Cap Fund |
International
Fund |
Emerging
Markets Fund |
Calculation Methodology Risk |
X |
X |
X |
X |
China Risk |
|
|
|
X |
Concentration Risk |
X |
X |
X |
X |
Derivatives Risk |
X |
X |
X |
X |
Equity Securities Risk |
X |
X |
X |
X |
Emerging Markets Risk |
|
|
|
X |
ETF Structure Risk |
X |
X |
X |
X |
Foreign Securities Risk |
|
|
X |
X |
Index Risk |
X |
X |
X |
X |
Large-Capitalization Company Risk |
X |
|
X |
X |
Large Shareholders Risk |
X |
X |
X |
X |
Liquidity Risk |
X |
X |
X |
X |
Mid-Capitalization Company Risk |
X |
X |
X |
X |
Momentum Risk |
X |
X |
X |
X |
Rebalancing Risk |
X |
X |
X |
X |
Regulatory Risk |
X |
X |
X |
X |
Sampling Risk |
|
|
X |
X |
Small-Capitalization Company Risk |
|
X |
X |
X |
Stock Market Risk |
X |
X |
X |
X |
Tracking Error Risk |
X |
X |
X |
X |
Valuation Risk |
X |
X |
X |
X |
Value Risk |
X |
X |
X |
X |
Fund |
Advisory Fee |
US Fund |
0.15% |
US Small Mid Cap Fund |
0.15% |
International Fund |
0.25% |
Emerging Markets Fund |
0.30% |
NAV= |
Total Assets - Liabilities |
Number of Shares Outstanding |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning of Period |
$65.66 |
$45.30 |
$50.37 |
$53.85 |
$50.19 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(c) |
1.07 |
0.81 |
0.72 |
1.00 |
0.78 |
Net Realized and Unrealized Gains
(Losses) |
(5.52) |
20.32 |
(4.85) |
(3.59) |
3.34 |
Total from Investment Activities |
(4.45) |
21.13 |
(4.13) |
(2.59) |
4.12 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.11) |
(0.77) |
(0.94) |
(0.89) |
(0.46) |
Total Distributions |
(1.11) |
(0.77) |
(0.94) |
(0.89) |
(0.46) |
Net Asset Value, End of Period |
$60.10 |
$65.66 |
$45.30 |
$50.37 |
$53.85 |
Total Return(d) |
(6.94)% |
47.02% |
(8.31)% |
(4.79)% |
8.23% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.20% |
0.20% |
0.20% |
0.20% |
0.20% |
Net Investment Income (Loss)(e) |
1.59% |
1.47% |
1.80% |
2.00% |
1.76% |
Gross Expenses(e)(f) |
0.27% |
0.27% |
0.28% |
0.25% |
0.25% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$267,461 |
$443,213 |
$464,347 |
$468,445 |
$398,504 |
Portfolio Turnover(d)(g) |
53% |
76% |
66% |
87% |
84% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning of
Period |
$72.20 |
$45.57 |
$49.54 |
$57.21 |
$50.13 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(c) |
0.88 |
0.52 |
0.60 |
1.00 |
0.57 |
Net Realized and Unrealized Gains
(Losses) |
(11.79) |
26.84 |
(3.74) |
(7.86) |
6.81 |
Total from Investment
Activities |
(10.91) |
27.36 |
(3.14) |
(6.86) |
7.38 |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.74) |
(0.73) |
(0.83) |
(0.81) |
(0.30) |
Total Distributions |
(0.74) |
(0.73) |
(0.83) |
(0.81) |
(0.30) |
Net Asset Value, End of Period |
$60.55 |
$72.20 |
$45.57 |
$49.54 |
$57.21 |
Total Return(d) |
(15.24)% |
60.47% |
(6.44)% |
(11.99)% |
14.80% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.24%(g) |
0.24%(g) |
0.25% |
0.25% |
0.25% |
Net Investment Income (Loss)(e) |
1.26% |
0.87% |
1.53% |
1.98% |
1.25% |
Gross Expenses(e)(f) |
0.27% |
0.28% |
0.31% |
0.30% |
0.30% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$257,356 |
$299,631 |
$239,247 |
$101,564 |
$71,517 |
Portfolio Turnover(d)(h) |
70% |
78% |
70% |
88% |
81% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning of Period |
$49.64 |
$38.42 |
$43.16 |
$48.10 |
$50.08 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(c) |
1.41 |
1.28 |
0.83 |
1.30 |
1.34 |
Net Realized and Unrealized Gains
(Losses) |
(9.20) |
11.17 |
(4.35) |
(4.99) |
(2.64) |
Total from Investment Activities |
(7.79) |
12.45 |
(3.52) |
(3.69) |
(1.30) |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(1.71) |
(1.23) |
(1.22) |
(1.25) |
(0.68) |
Total Distributions |
(1.71) |
(1.23) |
(1.22) |
(1.25) |
(0.68) |
Net Asset Value, End of Period |
$40.14 |
$49.64 |
$38.42 |
$43.16 |
$48.10 |
Total Return (d) |
(16.12)% |
32.66% |
(8.39)% |
(7.70)% |
(2.64)% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net Investment Income (Loss)(e) |
2.96% |
2.86% |
2.41% |
2.90% |
3.12% |
Gross Expenses(e)(f) |
0.41% |
0.42% |
0.41% |
0.40% |
0.40% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$282,957 |
$357,380 |
$315,004 |
$323,693 |
$307,836 |
Portfolio Turnover(d)(g) |
68% |
90% |
62% |
87% |
65% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning of Period |
$52.08 |
$37.91 |
$41.23 |
$45.58 |
$49.95 |
Investment Activities |
|
|
|
|
|
Net Investment Income (Loss)(c) |
1.91 |
1.36 |
0.73 |
1.31 |
1.17 |
Net Realized and Unrealized Gains
(Losses) |
(11.18) |
14.10 |
(2.85) |
(4.73) |
(5.10) |
Total from Investment Activities |
(9.27) |
15.46 |
(2.12) |
(3.42) |
(3.93) |
Distributions to Shareholders From |
|
|
|
|
|
Net Investment Income |
(2.05) |
(1.29) |
(1.20) |
(0.93) |
(0.44) |
Total Distributions |
(2.05) |
(1.29) |
(1.20) |
(0.93) |
(0.44) |
Net Asset Value, End of Period |
$40.76 |
$52.08 |
$37.91 |
$41.23 |
$45.58 |
Total Return (d) |
(18.34)% |
41.48% |
(5.47)% |
(7.62)% |
(7.95)% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net Investment Income (Loss)(e) |
4.05% |
2.98% |
2.18% |
3.00% |
2.77% |
Gross Expenses(e)(f) |
0.55% |
0.56% |
0.57% |
0.50% |
0.50% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period (000's) |
$209,936 |
$265,591 |
$164,892 |
$169,051 |
$154,974 |
Portfolio Turnover(d)(g) |
70% |
95% |
51% |
67% |
58% |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
|
Other Expenses |
|
Total Annual Fund Operating Expenses |
|
Fee Waiver/Expense Reimbursement1
|
( |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
|
|
After Taxes on Distributions |
|
|
After Taxes on Distributions and Sale of Fund Shares |
|
|
Index | ||
Bloomberg 1-3 Year Credit Index
reflects no deduction for fees, expenses or taxes |
- |
|
|
Title |
Tenure with the Fund |
Brian W. Smith, CFA |
Senior Portfolio Manager |
Since 2017 |
Julianne Bass, CFA |
Senior Portfolio Manager |
Since 2017 |
John Spear, CFA |
Senior Portfolio Manager |
Since 2017 |
Kurt Daum, JD |
Senior Portfolio Manager |
Since 2017 |
James F. Jackson Jr., CFA |
Senior Portfolio Manager |
Since 2019 |
R. Neal Graves, CFA, CPA |
Senior Portfolio Manager |
Since 2019 |
Douglas J. Rollwitz, CFA, CPA |
Portfolio Manager |
Since November 2022 |
Shareholder Fees
(paid directly from your investment) |
|
Management Fees |
0.30% |
Other Expenses |
|
Total Annual Fund Operating Expenses1
|
|
1 Year |
3 Years |
5 Years |
10 Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average Annual Total Returns
(For the Periods Ended December 31, 2021) |
1 Year |
Life of
Fund |
FUND | ||
Before Taxes |
- |
|
After Taxes on Distributions |
- |
|
After Taxes on Distributions and Sale of Fund Shares |
- |
|
Index | ||
Bloomberg U.S. Aggregate Index
reflects no deduction for fees, expenses or taxes |
- |
|
|
Title |
Tenure with the Fund |
Julianne Bass, CFA |
Senior Portfolio Manager |
Since 2017 |
Kurt Daum, JD |
Senior Portfolio Manager |
Since 2017 |
Brian W. Smith, CFA |
Senior Portfolio Manager |
Since 2017 |
John Spear, CFA |
Senior Portfolio Manager |
Since 2017 |
James F. Jackson Jr., CFA |
Senior Portfolio Manager |
Since 2019 |
R. Neal Graves, CFA, CPA |
Senior Portfolio Manager |
Since 2019 |
Risk Factor |
Core
Short-Term
Bond ETF |
Core
Intermediate-Term
Bond ETF |
Asset-Backed and Mortgage-Backed Securities Risk |
X |
X |
Debt Securities or Bond Risk |
X |
X |
Derivatives Risk |
X |
X |
Exchange-Traded Fund (“ETF”) Structure Risk |
X |
X |
Foreign Investing Risk |
X |
X |
Geopolitical/Natural Disaster Risk |
X |
X |
High-Yield Bond Risk |
X |
X |
Information Technology Sector Risk |
X |
X |
Large Shareholder Risk |
X |
X |
Liquidity Risk |
X |
X |
Management Risk |
X |
X |
Market Risk |
X |
X |
Regulatory Risk |
X |
X |
U.S. Government Sponsored Enterprises (“GSEs”) Risk |
X |
X |
Fund |
Advisory Fee |
Short-Term Bond ETF |
0.25% |
Intermediate-Term Bond ETF |
0.30% |
NAV= |
Total Assets - Liabilities |
Number of Shares Outstanding |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning of
Period |
$51.87 |
$51.22 |
$50.65 |
$49.50 |
$50.00 |
Investment Activities |
|
|
|
|
|
Net Investment Income
(Loss)(c) |
0.86 |
0.84 |
1.10 |
1.37 |
0.93 |
Net Realized and Unrealized
Gains (Losses) |
(2.78) |
0.93 |
0.48 |
1.13 |
(0.59) |
Total from Investment
Activities |
(1.92) |
1.77 |
1.58 |
2.50 |
0.34 |
Distributions to Shareholders
From |
|
|
|
|
|
Net Investment Income |
(0.84) |
(0.90) |
(1.01) |
(1.35) |
(0.84) |
Net Realized Gains from
Investments |
(0.17) |
(0.22) |
— |
— |
— |
Total Distributions |
(1.01) |
(1.12) |
(1.01) |
(1.35) |
(0.84) |
Net Asset Value, End of Period |
$48.94 |
$51.87 |
$51.22 |
$50.65 |
$49.50 |
Total Return(d) |
(3.73)% |
3.48% |
3.17% |
5.11% |
0.70% |
Ratios to Average Net Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.32%(g) |
0.34%(h) |
0.35% |
0.35% |
0.35% |
Net Investment Income
(Loss)(e) |
1.70% |
1.62% |
2.62% |
2.75% |
2.21% |
Gross Expenses(e)(f) |
0.36% |
0.37% |
0.44% |
0.40% |
0.40% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period
(000's) |
$359,737 |
$272,296 |
$105,000 |
$83,573 |
$61,872 |
Portfolio Turnover(d)(i) |
67% |
80% |
72%(j) |
30% |
22% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten Months Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net Asset Value, Beginning
of Period |
$53.71 |
$53.67 |
$52.48 |
$48.61 |
$49.93 |
Investment Activities |
|
|
|
|
|
Net Investment Income
(Loss)(c) |
0.89 |
1.08 |
1.21 |
1.62 |
1.29 |
Net Realized and
Unrealized Gains
(Losses) |
(6.37) |
0.27 |
1.12 |
3.81 |
(1.46) |
Total from Investment
Activities |
(5.48) |
1.35 |
2.33 |
5.43 |
(0.17) |
Distributions to
Shareholders From |
|
|
|
|
|
Net Investment Income |
(0.92) |
(1.11) |
(1.14) |
(1.56) |
(1.15) |
Net Realized Gains from
Investments |
(0.13) |
(0.20) |
— |
— |
— |
Total Distributions |
(1.05) |
(1.31) |
(1.14) |
(1.56) |
(1.15) |
Net Asset Value, End of
Period |
$47.18 |
$53.71 |
$53.67 |
$52.48 |
$48.61 |
Total Return(d) |
(10.35)% |
2.55% |
4.52% |
11.37% |
(0.33)% |
Ratios to Average Net
Assets |
|
|
|
|
|
Net Expenses(e)(f) |
0.39% |
0.37%(g) |
0.38%(h) |
0.39% |
0.40% |
Net Investment Income
(Loss)(e) |
1.74% |
2.01% |
2.80% |
3.27% |
3.10% |
Gross Expenses(e)(f) |
0.39% |
0.41% |
0.42% |
0.44% |
0.45% |
Supplemental Data |
|
|
|
|
|
Net Assets, End of Period
(000's) |
$1,236,208 |
$894,333 |
$450,789 |
$314,856 |
$150,703 |
Portfolio Turnover(d)(i) |
24% |
16% |
13% |
3%(j) |
10% |
VictoryShares US 500 Volatility Wtd ETF |
CFA |
VictoryShares US Small Cap Volatility Wtd ETF |
CSA |
VictoryShares International Volatility Wtd ETF |
CIL |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
CDL |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
CSB |
VictoryShares International High Div Volatility Wtd ETF |
CID |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
CEY |
VictoryShares Dividend Accelerator ETF |
VSDA |
VictoryShares US Multi-Factor Minimum Volatility ETF |
VSMV |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
CFO |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
CDC |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
CSF |
VictoryShares Developed Enhanced Volatility Wtd ETF |
CIZ |
VictoryShares Nasdaq Next 50 ETF |
QQQN |
|
Fee for In-Kind and
Cash Purchases and
Redemptions |
Maximum
Additional Variable
Charge for Cash
Purchases and
Redemptions* |
VictoryShares US 500 Volatility Wtd ETF |
$750 |
2.00% |
VictoryShares US Small Cap Volatility Wtd ETF |
$750 |
2.00% |
VictoryShares International Volatility Wtd ETF |
$6,000 |
2.00% |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$250 |
2.00% |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$250 |
2.00% |
VictoryShares International High Div Volatility Wtd ETF |
$1,500 |
2.00% |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$3,400 |
2.00% |
VictoryShares Dividend Accelerator ETF |
$250 |
2.00% |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$250 |
2.00% |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$750 |
2.00% |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$250 |
2.00% |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$750 |
2.00% |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$4,500 |
2.00% |
VictoryShares Nasdaq Next 50 ETF |
$250 |
2.00% |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David Brooks
Adcock,
Born October
1951 |
Trustee |
May 2015 |
Consultant (since 2006). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chairman,
Board of
Trustees,
Turner Funds
(December
2016-
December
2017). |
Nigel D.T.
Andrews,
Born April 1947 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Carlyle Secured
Lending, Inc.
(formerly TCG
BDC I, Inc.)
(since 2012);
Director,
Carlyle Credit
Solutions, Inc.
(formerly TCG
BDC II, Inc.)
(since 2017);
Trustee, Carlyle
Secured
Lending III
(since 2021). |
E. Lee Beard*,
Born August
1951 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
Dennis M.
Bushe,
Born January
1944 |
Trustee |
July 2016 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
John L. Kelly,
Born April 1953 |
Chair and
Trustee |
May 2015 |
Partner, McCarvill
Capital Partners
(September
2016-September 2017). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Caledonia
Mining
Corporation
(since May
2012). |
David L. Meyer,
Born April 1957 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Gloria S.
Nelund,
Born May 1961 |
Trustee |
July 2016 |
Chair, CEO, and
Co-Founder of TriLinc
Global, LLC, an
investment firm. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
TriLinc Global
Impact Fund,
LLC (since
2012). |
Leigh A. Wilson,
Born December
1944 |
Trustee |
May 2015 |
Private Investor. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chair (since
2013),
Caledonia
Mining
Corporation. |
Name and Age |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David C.
Brown**,
Born May 1972 |
Trustee |
May 2015 |
Chief Executive Officer
and Chairman
(2013-present), Victory
Capital
Management Inc.; Chief
Executive Officer and
Chairman
(2013-present), Victory
Capital Holdings, Inc.;
Director, Victory Capital
Services, Inc. (2013-
present); Director,
Victory Capital Transfer
Agency, Inc. (2019-
present). |
117 portfolios
comprised of 26
portfolios in the Trust,
40 portfolios in Victory
Portfolios, 6 portfolios
in Victory Variable
Insurance Funds, and 45
portfolios in USAA
Mutual Funds Trust. |
Trustee, USAA
Mutual Funds
Trust; Board
Member,
Victory Capital
Services, Inc. |
Name and
Date of Birth |
Position with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Christopher K.
Dyer,
Born February
1962 |
President |
May 2015 |
Director of Mutual Fund Administration, the Adviser
(2004-present). Chief Operating Officer, Victory Capital
Services, Inc. (2020-present). Vice President, Victory
Capital Transfer Agency, Inc. (2019-present). |
Scott A. Stahorsky,
Born July 1969 |
Vice President |
May 2015 |
Manager, Fund Administration, the Adviser (since
2015). |
Thomas
Dusenberry,
Born July 1977 |
Secretary |
May 2022 |
Manager, Fund Administration, the Adviser; Treasurer
and Principal Financial Officer (2020-2022), Assistant
Treasurer (2019), Salient MF Trust, Salient Midstream,
MLP Fund and Forward Funds; Principal Financial
Officer (2018-2021) and Treasurer (2020-2021), Salient
Private Access Funds and Endowment PMF Funds;
Senior Vice President of Fund Accounting and
Operations, Salient Partners (2020-2022); Director of
Fund Operations, Salient Partners (2016-2019). |
Allan Shaer,
Born March 1965 |
Treasurer |
December 2017 |
Senior Vice President, Financial Administration, Citi
Fund Services Ohio, Inc. (since 2016); Vice President,
Mutual Fund Administration, JP Morgan Chase
(2011-2016). |
Christopher Ponte,
Born March 1984 |
Assistant
Treasurer |
May 2015* |
Manager, Fund Administration, the Adviser (since
2017); Senior Analyst, Fund Administration, the
Adviser (prior to 2017); Chief Financial Officer,
Victory Capital Services, Inc. (since 2018). |
Sean Fox,
Born September
1976 |
Chief
Compliance
Officer |
June 2022 |
Sr. Compliance Officer, the Adviser (2019-Present);
Compliance Officer, the Adviser (2015-2019). |
Name and
Date of Birth |
Position with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Charles Booth,
Born April 1960 |
Anti-Money
Laundering
Compliance
Officer and
Identity Theft
Officer |
May 2015 |
Director, Regulatory Administration and CCO Support
Services, Citi Fund Services Ohio, Inc. |
Jay G. Baris,
Born January 1954 |
Assistant
Secretary |
May 2015 |
Partner, Sidley Austin LLP (since 2020); Partner,
Shearman & Sterling LLP (2018-2020); Partner,
Morrison & Foerster LLP (2011-2018). |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar
Range of Ownership
of Shares of
All Series of the
Victory Fund Complex |
Mr. Adcock |
VictoryShares US 500 Enhanced Volatility Wtd ETF: Over $100,000 |
Over $100,000 |
Mr. Andrews |
VictoryShares US 500 Enhanced Volatility Wtd ETF: Over $100,000 |
Over $100,000 |
Ms. Beard |
None. |
Over $100,000 |
Mr. Bushe |
VictoryShares US 500 Enhanced Volatility Wtd ETF: Over $100,000 |
Over $100,000 |
Mr. Kelly |
VictoryShares Dividend Accelerator ETF: Over $100,000 |
Over $100,000 |
Mr. Meyer |
VictoryShares US 500 Volatility Wtd ETF: $50,001 - $100,000
VictoryShares Developed Enhanced Volatility Wtd ETF: $10,001 - $50,000
VictoryShares US EQ Income Enhanced Volatility Wtd ETF: $50,001 -
$100,000 |
Over $100,000 |
Ms. Nelund |
None. |
Over $100,000 |
Mr. Wilson |
VictoryShares US Large Cap High Div Volatility Wtd ETF: Over $100,000
VictoryShares US 500 Enhanced Volatility Wtd ETF: $50,001 - $100,000 |
Over $100,000 |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar
Range of Ownership
of Shares of
All Series of the
Victory Fund Complex |
Mr. Brown* |
VictoryShares Dividend Accelerator ETF: Over $100,000,
VictoryShares Emerging Markets High Div Volatility Wtd ETF: Over
$100,000
VictoryShares US Small Cap High Div Volatility Wtd ETF:Over $100,000 |
Over $100,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock |
$26,286 |
$337,000 |
Mr. Andrews* |
$30,164 |
$387,000 |
Ms. Beard |
$26,286 |
$337,000 |
Mr. Bushe |
$26,286 |
$337,000 |
Mr. Kelly |
$36,045 |
$462,000 |
Mr. Meyer |
$26,286 |
$337,000 |
Ms. Nelund |
$26,286 |
$337,000 |
Mr. Wilson |
$32,103 |
$412,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Brown* |
None |
None |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock* |
$3,943 |
$50,550 |
Ms. Beard** |
$1,619 |
$20,640 |
Mr. Bushe*** |
$13,143 |
$168,500 |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
VictoryShares Developed Enhanced Volatility Wtd
ETF |
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
22.58% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
16.98% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
10.54% |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
10.04% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
9.07% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
7.21% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
5.07% |
VictoryShares Dividend Accelerator ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
36.57% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
19.92% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
8.65% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
7.30% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
7.00% |
|
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
5.33% |
VictoryShares Emerging Market High Div
Volatility Wtd ETF |
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
40.40% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
13.55% |
|
J.P. MORGAN SECURITIES LLC
383 Madison Avenue
New York NY 10179 |
11.36% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
11.02% |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
10.86% |
|
COMERICA BANK
411 W. Lafayette
Detroit MI 48226 |
5.84% |
VictoryShares ESG Core Plus Bond ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
99.93% |
VictoryShares ESG Corporate Bond ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
99.54% |
VictoryShares International High Div Volatility
Wtd ETF |
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
41.68% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
19.70% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
8.78% |
|
J.P. MORGAN SECURITIES LLC
383 Madison Avenue
New York NY 10179 |
6.35% |
VictoryShares International Volatility Wtd ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
81.86% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
6.67% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
5.43% |
VictoryShares Nasdaq Next 50 ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
72.84% |
VictoryShares THB Mid Cap ESG ETF |
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
91.70% |
VictoryShares US 500 Enhanced Volatility Wtd
ETF |
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
15.43% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
14.99% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
9.64% |
|
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
9.62% |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
|
RAYMOND JAMES & ASSOCIATES, INC.
880 Carillon Pkwy
St. Petersburg FL 33716 |
9.55% |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
8.83% |
|
RBC CAPITAL MARKETS, LLC
3 World Financial Center
300 Vesey Street
New York NY 10281 |
6.25% |
VictoryShares US 500 Volatility Wtd ETF |
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
19.79% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
12.38% |
|
EDWARD JONES
12555 Manchester Road
Saint Louis MO 63131 |
9.26% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
9.15% |
|
UBS FINANCIAL SERVICES INC.
1000 Harbor Blvd 5th Floor
Weehawken NJ 07086 |
6.44% |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
6.08% |
|
RAYMOND JAMES & ASSOCIATES, INC.
880 Carillon Pkwy
St. Petersburg FL 33716 |
5.37% |
|
WELLS FARGO CLEARING SERVICES, LLC
3 World Financial Center
300 Vesey Street
New York NY 10281 |
5.01% |
VictoryShares US Discovery Enhanced Volatility
Wtd ETF |
RAYMOND JAMES & ASSOCIATES, INC.
880 Carillon Pkwy
St. Petersburg FL 33716 |
17.43% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
15.90% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
10.73% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
9.94% |
|
TD AMERITRADE CLEARING, INC.
200 South 108th Avenue
Omaha NE 68154 |
9.50% |
|
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
8.35% |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
6.91% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
5.58% |
|
STIFEL, NICOLAUS & COMPANY,
INCORPORATED
501 North Broadway
St. Louis MO 63102 |
5.27% |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
5.19% |
VictoryShares US EQ Income Enhanced Volatility
Wtd ETF |
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
17.54% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
13.31% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
13.11% |
|
RAYMOND JAMES & ASSOCIATES, INC.
880 Carillon Pkwy
St. Petersburg FL 33716 |
9.18% |
|
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
9.05% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
7.53% |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
6.40% |
VictoryShares US Large Cap High Div Volatility
Wtd ETF |
EDWARD JONES
12555 Manchester Road
Saint Louis MO 63131 |
18.39% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
16.45% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
14.23% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
10.04% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
9.11% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
8.74% |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
|
AMERIPRISE FINANCIAL SERVICES, LLC
50033 Ameriprise Financial Center
Minneapolis MN 55474 |
5.39% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
46.29% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
12.97% |
|
TD AMERITRADE CLEARING, INC.
200 South 108th Avenue
Omaha NE 68154 |
9.72% |
|
UBS FINANCIAL SERVICES INC.
1000 Harbor Blvd 5th Floor
Weehawken NJ 07086 |
5.26% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
5.01% |
VictoryShares US Multi-Factor Minimum Volatility
ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
37.52% |
|
RAYMOND JAMES & ASSOCIATES, INC.
880 Carillon Pkwy
St. Petersburg FL 33716 |
14.57% |
|
MORGAN STANLEY
2000 Westchester Avenue
Purchase NY 10577 |
11.23% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
7.46% |
|
RBC CAPITAL MARKETS, LLC
3 World Financial Center
300 Vesey Street
New York NY 10281 |
6.91% |
|
PERSHING LLC
One Pershing Plaza
14th Floor
Jersey City NY 07399 |
5.53% |
VictoryShares US Small Cap Volatility Wtd ETF |
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
25.58% |
|
LPL FINANCIAL LLC
9785 Towne Center Drive
San Diego CA 92121 |
21.84% |
|
COMERICA BANK
411 W. Lafayette
Detroit MI 48226 |
14.81% |
|
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
13.67% |
|
STIFEL, NICOLAUS & COMPANY,
INCORPORATED
501 North Broadway
St. Louis MO 63102 |
6.31% |
Fund |
Advisory Fee |
VictoryShares US 500 Volatility Wtd ETF |
0.30% |
VictoryShares US Small Cap Volatility Wtd ETF |
0.30% |
VictoryShares International Volatility Wtd ETF |
0.40% |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
0.30% |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
0.30% |
VictoryShares International High Div Volatility Wtd ETF |
0.40% |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
0.45% |
VictoryShares Dividend Accelerator ETF |
0.30% |
VictoryShares US Multi-Factor Minimum Volatility ETF |
0.30% |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
0.30% |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
0.30% |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
0.30% |
VictoryShares Developed Enhanced Volatility Wtd ETF |
0.40% |
VictoryShares Nasdaq Next 50 ETF |
0.15% |
Fund |
2022 |
2021 |
2020 |
VictoryShares US 500 Volatility Wtd ETF |
$1,976,520 |
$2,025,415 |
$2,312,314 |
VictoryShares US Small Cap Volatility Wtd ETF |
$77,382 |
$64,683 |
$72,791 |
VictoryShares International Volatility Wtd ETF |
$445,426 |
$412,719 |
$323,048 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$754,805 |
$589,587 |
$907,844 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$778,451 |
$393,407 |
$261,516 |
VictoryShares International High Div Volatility Wtd ETF |
$76,795 |
$153,347 |
$304,289 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$72,890 |
$90,497 |
$169,284 |
VictoryShares Dividend Accelerator ETF |
$988,444 |
$920,160 |
$493,381 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$485,351 |
$459,365 |
$443,648 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$2,986,132 |
$2,281,481 |
$2,086,617 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$3,745,447 |
$2,109,770 |
$1,904,133 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$214,633 |
$150,781 |
$169,312 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$158,950 |
$174,430 |
$327,159 |
VictoryShares Nasdaq Next 50 ETF |
$203,595 |
$138,833 |
$- |
Fund |
2022 |
2021 |
2020 |
VictoryShares US 500 Volatility Wtd ETF |
$224,189 |
$302,947 |
$381,032 |
VictoryShares US Small Cap Volatility Wtd ETF |
$57,981 |
$42,901 |
$48,451 |
VictoryShares International Volatility Wtd ETF |
$147,230 |
$186,619 |
$150,724 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$125,256 |
$115,722 |
$174,846 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$133,750 |
$92,551 |
$77,172 |
VictoryShares International High Div Volatility Wtd ETF |
$76,507 |
$79,421 |
$90,955 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$144,206 |
$137,281 |
$130,932 |
VictoryShares Dividend Accelerator ETF |
$130,427 |
$153,181 |
$112,345 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$91,940 |
$93,897 |
$101,672 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$319,183 |
$341,488 |
$344,809 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$475,603 |
$333,815 |
$307,700 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$72,992 |
$56,006 |
$65,785 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$142,542 |
$187,876 |
$162,383 |
VictoryShares Nasdaq Next 50 ETF |
$175,496 |
$107,539 |
$- |
Fund |
2022 |
2021 |
2020 |
VictoryShares US 500 Volatility Wtd ETF |
$4,752 |
$5,679 |
$6,129 |
VictoryShares US Small Cap Volatility Wtd ETF |
$184 |
$172 |
$205 |
VictoryShares International Volatility Wtd ETF |
$801 |
$831 |
$625 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$1,749 |
$1,634 |
$2,445 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$1,818 |
$943 |
$684 |
VictoryShares International High Div Volatility Wtd ETF |
$140 |
$367 |
$592 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$119 |
$175 |
$299 |
VictoryShares Dividend Accelerator ETF |
$2,373 |
$2,462 |
$1,198 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$1,158 |
$1,288 |
$1,111 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$7,043 |
$6,105 |
$5,665 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$8,367 |
$5,609 |
$5,116 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$500 |
$400 |
$489 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$285 |
$374 |
$691 |
VictoryShares Nasdaq Next 50 ETF |
$975 |
$669 |
$- |
Fund |
2022 |
2021 |
2020 |
VictoryShares US 500 Volatility Wtd ETF |
$356,980 |
$393,250 |
$460,228 |
VictoryShares US Small Cap Volatility Wtd ETF |
$13,974 |
$12,474 |
$14,447 |
VictoryShares International Volatility Wtd ETF |
$60,335 |
$59,872 |
$48,292 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$136,274 |
$114,235 |
$180,083 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$140,567 |
$74,812 |
$51,985 |
VictoryShares International High Div Volatility Wtd ETF |
$10,404 |
$22,754 |
$45,379 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$8,778 |
$11,749 |
$22,377 |
VictoryShares Dividend Accelerator ETF |
$178,505 |
$177,921 |
$98,882 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$87,659 |
$89,237 |
$88,501 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$539,204 |
$440,672 |
$415,409 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$676,086 |
$407,031 |
$379,181 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$38,752 |
$29,094 |
$33,636 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$21,531 |
$25,456 |
$48,651 |
VictoryShares Nasdaq Next 50 ETF |
$73,542 |
$52,728 |
$- |
Fund |
Gross Income
from securities
lending activities |
Fees paid to
securities lending
agent from a
revenue split |
Rebate
(paid to
borrower) |
Aggregate
fees/compensation
for securities
lending activities |
Net income
from securities
lending
activities |
VictoryShares US 500
Volatility Wtd ETF |
$54,874 |
$5,257 |
$2,522 |
$7,779 |
$47,095 |
VictoryShares US
Small Cap Volatility
Wtd ETF |
$2,472 |
$236 |
$143 |
$379 |
$2,093 |
VictoryShares
International Volatility
Wtd ETF |
$53,759 |
$4,740 |
$6,342 |
$11,082 |
$42,677 |
VictoryShares US
Large Cap High Div
Volatility Wtd ETF |
$6,712 |
$585 |
$850 |
$1,435 |
$5,277 |
VictoryShares US
Small Cap High Div
Volatility Wtd ETF |
$90,279 |
$8,529 |
$5,389 |
$13,918 |
$76,361 |
VictoryShares
International High Div
Volatility Wtd ETF |
$12,053 |
$1,103 |
$1,006 |
$2,109 |
$9,944 |
VictoryShares
Emerging Market
High Div Volatility
Wtd ETF |
$956 |
$63 |
$331 |
$394 |
$562 |
VictoryShares
Dividend Accelerator
ETF |
$829 |
$25 |
$573 |
$598 |
$231 |
VictoryShares US
Multi-Factor
Minimum Volatility
ETF |
$15 |
$1 |
$14 |
$15 |
$- |
VictoryShares US 500
Enhanced Volatility
Wtd ETF |
$63,979 |
$6,125 |
$2,753 |
$8,878 |
$55,101 |
VictoryShares US EQ
Income Enhanced
Volatility Wtd ETF |
$58,390 |
$3,313 |
$25,275 |
$28,588 |
$29,802 |
VictoryShares US
Discovery Enhanced
Volatility Wtd ETF |
$3,891 |
$373 |
$88 |
$461 |
$3,430 |
VictoryShares
Developed Enhanced
Volatility Wtd ETF |
$13,345 |
$1,288 |
$455 |
$1,743 |
$11,602 |
VictoryShares Nasdaq
Next 50 ETF |
$81,817 |
$7,724 |
$1,934 |
$9,658 |
$72,159 |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
Mannik Dhillon |
$50,888.07 |
58 |
$52.10 |
4 |
$2,106.02 |
19 |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
Mannik Dhillon |
$17,636.91 |
15 |
$0 |
— |
$0 |
— |
Fund |
Dollar Range of shares
Beneficially Owned as of
June 30, 2022 |
VictoryShares US 500 Volatility Wtd ETF |
None |
VictoryShares US Small Cap Volatility Wtd ETF |
None |
VictoryShares International Volatility Wtd ETF |
$1-10,000 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
None |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$1-10,000 |
VictoryShares International High Div Volatility Wtd ETF |
None |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$1-10,000 |
VictoryShares Dividend Accelerator ETF |
$1-10,000 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$1-10,000 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
None |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
None |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
None |
VictoryShares Developed Enhanced Volatility Wtd ETF |
None |
VictoryShares Nasdaq Next 50 ETF |
None |
Fund |
2022 |
2021 |
2020 |
VictoryShares US 500 Volatility Wtd ETF |
$80,924 |
$76,954 |
$82,995 |
VictoryShares US Small Cap Volatility Wtd ETF |
$22,108 |
$11,562 |
$11,512 |
VictoryShares International Volatility Wtd ETF |
$47,836 |
$45,169 |
$37,000 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
$81,877 |
$56,238 |
$80,859 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
$278,656 |
$104,451 |
$55,957 |
VictoryShares International High Div Volatility Wtd ETF |
$16,408 |
$42,988 |
$55,369 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
$23,796 |
$32,107 |
$56,227 |
VictoryShares Dividend Accelerator ETF |
$72,585 |
$22,696 |
$27,466 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
$42,755 |
$22,296 |
$32,097 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
$644,478 |
$120,150 |
$162,687 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
$411,214 |
$197,928 |
$369,780 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
$124,558 |
$27,316 |
$98,739 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
$42,174 |
$32,389 |
$39,938 |
VictoryShares Nasdaq Next 50 ETF |
$63,197 |
$17,179 |
$- |
Fund |
Amount of Transactions to Brokers Providing Research |
Related Commissions |
VictoryShares US 500
Volatility Wtd ETF |
$121,691,810 |
$41,082 |
VictoryShares US Small
Cap Volatility Wtd ETF |
$14,139,424 |
$12,103 |
VictoryShares International
Volatility Wtd ETF |
$30,372,792 |
$16,795 |
VictoryShares US Large
Cap High Div Volatility
Wtd ETF |
121,712,334 |
$47,504 |
VictoryShares US Small
Cap High Div Volatility
Wtd ETF |
$175,459,472 |
$162,237 |
VictoryShares International
High Div Volatility Wtd
ETF |
$11,498,288 |
$6,337 |
VictoryShares Emerging
Market High Div Volatility
Wtd ETF |
$11,025,487 |
$7,400 |
VictoryShares Dividend
Accelerator ETF |
$226,453,504 |
$51,277 |
VictoryShares US
Multi-Factor Minimum
Volatility ETF |
$116,431,604 |
$25,947 |
Fund |
Amount of Transactions to Brokers Providing Research |
Related Commissions |
VictoryShares US 500
Enhanced Volatility Wtd
ETF |
$110,642,472 |
$30,681 |
VictoryShares US EQ
Income Enhanced
Volatility Wtd ETF |
$646,203,328 |
$248,560 |
VictoryShares US
Discovery Enhanced
Volatility Wtd ETF |
$97,214,186 |
$81,235 |
VictoryShares Developed
Enhanced Volatility Wtd
ETF |
$38,518,048 |
$21,114 |
VictoryShares Nasdaq
Next 50 ETF |
$81,742,397 |
$34,279 |
Fund |
Broker-Dealer |
Type of
Security
(Debt or
Equity) |
Aggregate
Value ($000s) |
Developed Enhanced Volatility Wtd ETF |
Barclays PLC |
Equity |
$11 |
Developed Enhanced Volatility Wtd ETF |
Mitsubishi Corp. |
Equity |
$17 |
Developed Enhanced Volatility Wtd ETF |
Mizuho Financial Group,
Inc. |
Equity |
$20 |
Developed Enhanced Volatility Wtd ETF |
Royal Bank of Canada |
Equity |
$33 |
International High Div Volatility Wtd ETF |
Mitsubishi UFJ Financial
Group, Inc. |
Equity |
$163 |
International Volatility Wtd ETF |
Barclays PLC |
Equity |
$130 |
International Volatility Wtd ETF |
Mitsubishi UFJ Financial
Group, Inc. |
Equity |
$199 |
International Volatility Wtd ETF |
Mizuho Financial Group,
Inc. |
Equity |
$232 |
International Volatility Wtd ETF |
Royal Bank of Canada |
Equity |
$371 |
US 500 Enhanced Volatility Wtd ETF |
Bank of America Corp. |
Equity |
$1,413 |
US 500 Enhanced Volatility Wtd ETF |
Citigroup, Inc. |
Equity |
$1,659 |
US 500 Enhanced Volatility Wtd ETF |
JPMorgan Chase & Co. |
Equity |
$1,767 |
US 500 Enhanced Volatility Wtd ETF |
Morgan Stanley |
Equity |
$1,571 |
US 500 Enhanced Volatility Wtd ETF |
The Goldman Sachs Group,
Inc. |
Equity |
$1,738 |
US 500 Enhanced Volatility Wtd ETF |
Wells Fargo & Co. |
Equity |
$1,181 |
US 500 Volatility Wtd ETF |
Bank of America Corp. |
Equity |
$845 |
US 500 Volatility Wtd ETF |
Citigroup, Inc. |
Equity |
$992 |
US 500 Volatility Wtd ETF |
JPMorgan Chase & Co. |
Equity |
$1,057 |
US 500 Volatility Wtd ETF |
Morgan Stanley |
Equity |
$940 |
US 500 Volatility Wtd ETF |
The Goldman Sachs Group,
Inc. |
Equity |
$1,040 |
US 500 Volatility Wtd ETF |
Wells Fargo & Co. |
Equity |
$706 |
US EQ Income Enhanced Volatility Wtd ETF |
Citigroup, Inc. |
Equity |
$14,251 |
US EQ Income Enhanced Volatility Wtd ETF |
JPMorgan Chase & Co. |
Equity |
$15,186 |
US EQ Income Enhanced Volatility Wtd ETF |
Morgan Stanley |
Equity |
$13,502 |
US Large Cap High Div Volatility Wtd ETF |
Citigroup, Inc. |
Equity |
$2,123 |
US Large Cap High Div Volatility Wtd ETF |
JPMorgan Chase & Co. |
Equity |
$2,262 |
US Large Cap High Div Volatility Wtd ETF |
Morgan Stanley |
Equity |
$2,011 |
Fund |
2022 |
2021 |
VictoryShares US 500 Volatility Wtd ETF |
21% |
34% |
VictoryShares US Small Cap Volatility Wtd ETF |
55% |
71% |
VictoryShares International Volatility Wtd ETF |
32% |
45% |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
43% |
67% |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
68% |
104% |
VictoryShares International High Div Volatility Wtd ETF |
62% |
111% |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
86% |
101% |
VictoryShares Dividend Accelerator ETF |
43% |
41% |
VictoryShares US Multi-Factor Minimum Volatility ETF |
63% |
56% |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
101% |
34% |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
41% |
65% |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
64% |
70% |
VictoryShares Developed Enhanced Volatility Wtd ETF |
37% |
55% |
VictoryShares Nasdaq Next 50 ETF |
95% |
68% |
Fund |
Short-Term
Amount |
Long-Term
Amount |
VictoryShares US 500 Volatility Wtd ETF |
38,312,708 |
40,999,832 |
VictoryShares US Small Cap Volatility Wtd ETF |
5,192,078 |
3,523,678 |
VictoryShares International Volatility Wtd ETF |
1,338,567 |
1,823,435 |
VictoryShares US Large Cap High Div Volatility Wtd ETF |
27,791,522 |
25,348,528 |
VictoryShares US Small Cap High Div Volatility Wtd ETF |
34,727,680 |
8,564,039 |
VictoryShares International High Div Volatility Wtd ETF |
6,034,546 |
7,610,915 |
VictoryShares Emerging Market High Div Volatility Wtd ETF |
1,371,659 |
3,386,037 |
VictoryShares Dividend Accelerator ETF |
9,031,729 |
3,519,356 |
VictoryShares US Multi-Factor Minimum Volatility ETF |
12,688,394 |
2,497,286 |
VictoryShares US 500 Enhanced Volatility Wtd ETF |
- |
- |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF |
43,234,925 |
39,566,523 |
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
34,846,891 |
1,672,142 |
VictoryShares Developed Enhanced Volatility Wtd ETF |
16,259,710 |
9,007,845 |
VictoryShares Nasdaq Next 50 ETF |
25,621,923 |
2,571,590 |
VictoryShares ESG Core Plus Bond ETF |
UBND |
VictoryShares ESG Corporate Bond ETF |
UCRD |
VictoryShares THB Mid Cap ESG ETF |
MDCP |
|
Fee for In-Kind and
Cash Purchases and
Redemptions |
Maximum
Additional Variable
Charge for Cash
Purchases and
Redemptions* |
VictoryShares THB Mid Cap ESG ETF |
$250 |
2.00% |
VictoryShares ESG Core Plus Bond ETF |
$100 |
2.00% |
VictoryShares ESG Corporate Bond ETF |
$100 |
2.00% |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David Brooks
Adcock,
Born October
1951 |
Trustee |
May 2015 |
Consultant (since 2006). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chairman,
Board of
Trustees,
Turner Funds
(December
2016-
December
2017). |
Nigel D.T.
Andrews,
Born April 1947 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Carlyle Secured
Lending, Inc.
(formerly TCG
BDC I, Inc.)
(since 2012);
Director,
Carlyle Credit
Solutions, Inc.
(formerly TCG
BDC II, Inc.)
(since 2017);
Trustee, Carlyle
Secured
Lending III
(since 2021). |
E. Lee Beard*,
Born August
1951 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Dennis M.
Bushe,
Born January
1944 |
Trustee |
July 2016 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
John L. Kelly,
Born April 1953 |
Chair and
Trustee |
May 2015 |
Partner, McCarvill
Capital Partners
(September
2016-September 2017). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Caledonia
Mining
Corporation
(since May
2012). |
David L. Meyer,
Born April 1957 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
Gloria S.
Nelund,
Born May 1961 |
Trustee |
July 2016 |
Chair, CEO, and
Co-Founder of TriLinc
Global, LLC, an
investment firm. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
TriLinc Global
Impact Fund,
LLC (since
2012). |
Leigh A. Wilson,
Born December
1944 |
Trustee |
May 2015 |
Private Investor. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chair (since
2013),
Caledonia
Mining
Corporation. |
Name and Age |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David C.
Brown**,
Born May 1972 |
Trustee |
May 2015 |
Chief Executive Officer
and Chairman
(2013-present), Victory
Capital
Management Inc.; Chief
Executive Officer and
Chairman
(2013-present), Victory
Capital Holdings, Inc.;
Director, Victory Capital
Services, Inc. (2013-
present); Director,
Victory Capital Transfer
Agency, Inc. (2019-
present). |
117 portfolios
comprised of 26
portfolios in the Trust,
40 portfolios in Victory
Portfolios, 6 portfolios
in Victory Variable
Insurance Funds, and 45
portfolios in USAA
Mutual Funds Trust. |
Trustee, USAA
Mutual Funds
Trust; Board
Member,
Victory Capital
Services, Inc. |
Name and
Date of Birth |
Position with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Christopher K.
Dyer,
Born February
1962 |
President |
May 2015 |
Director of Mutual Fund Administration, the Adviser
(2004-present). Chief Operating Officer, Victory Capital
Services, Inc. (2020-present). Vice President, Victory
Capital Transfer Agency, Inc. (2019-present). |
Scott A. Stahorsky,
Born July 1969 |
Vice President |
May 2015 |
Manager, Fund Administration, the Adviser (since
2015). |
Name and
Date of Birth |
Position with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Thomas
Dusenberry,
Born July 1977 |
Secretary |
May 2022 |
Manager, Fund Administration, the Adviser; Treasurer
and Principal Financial Officer (2020-2022), Assistant
Treasurer (2019), Salient MF Trust, Salient Midstream,
MLP Fund and Forward Funds; Principal Financial
Officer (2018-2021) and Treasurer (2020-2021), Salient
Private Access Funds and Endowment PMF Funds;
Senior Vice President of Fund Accounting and
Operations, Salient Partners (2020-2022); Director of
Fund Operations, Salient Partners (2016-2019). |
Allan Shaer,
Born March 1965 |
Treasurer |
December 2017 |
Senior Vice President, Financial Administration, Citi
Fund Services Ohio, Inc. (since 2016); Vice President,
Mutual Fund Administration, JP Morgan Chase
(2011-2016). |
Christopher Ponte,
Born March 1984 |
Assistant
Treasurer |
May 2015 |
Manager, Fund Administration, the Adviser (since
2017); Senior Analyst, Fund Administration, the
Adviser (prior to 2017); Chief Financial Officer,
Victory Capital Services, Inc. (since 2018). |
Sean Fox,
Born September
1976 |
Chief
Compliance
Officer |
June 2022 |
Sr. Compliance Officer, the Adviser (2019-Present);
Compliance Officer, the Adviser (2015-2019). |
Charles Booth,
Born April 1960 |
Anti-Money
Laundering
Compliance
Officer and
Identity Theft
Officer |
May 2015 |
Director, Regulatory Administration and CCO Support
Services, Citi Fund Services Ohio, Inc. |
Jay G. Baris,
Born January 1954 |
Assistant
Secretary |
May 2015 |
Partner, Sidley Austin LLP (since 2020); Partner,
Shearman & Sterling LLP (2018-2020); Partner,
Morrison & Foerster LLP (2011-2018). |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar
Range of Ownership
of Shares of
All Series of the
Victory Fund Complex |
Mr. Adcock |
None. |
Over $100,000 |
Mr. Andrews |
None. |
Over $100,000 |
Ms. Beard |
None. |
Over $100,000 |
Mr. Bushe |
None. |
Over $100,000 |
Mr. Kelly |
None. |
Over $100,000 |
Mr. Meyer |
None. |
Over $100,000 |
Ms. Nelund |
None. |
Over $100,000 |
Mr. Wilson |
None. |
Over $100,000 |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar
Range of Ownership
of Shares of
All Series of the
Victory Fund Complex |
Mr. Brown* |
None. |
Over $100,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock |
$938 |
$337,000 |
Mr. Andrews* |
$938 |
$387,000 |
Ms. Beard |
$938 |
$337,000 |
Mr. Bushe |
$938 |
$337,000 |
Mr. Kelly |
$1,347 |
$462,000 |
Mr. Meyer |
$938 |
$337,000 |
Ms. Nelund |
$938 |
$337,000 |
Mr. Wilson |
$938 |
$412,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Brown* |
None |
None |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock* |
$141 |
$50,550 |
Ms. Beard** |
$113 |
$20,640 |
Mr. Bushe*** |
$469 |
$168,500 |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
VictoryShares ESG Core Plus Bond ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
99.93% |
VictoryShares ESG Corporate Bond ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
99.54% |
VictoryShares THB Mid Cap ESG ETF |
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
4800 E Deer Lake Drive
Jacksonville FL 32246 |
91.70% |
Fund |
Advisory Fee |
VictoryShares THB Mid Cap ESG ETF |
0.50% |
VictoryShares ESG Core Plus Bond ETF |
0.35% |
VictoryShares ESG Corporate Bond ETF |
0.35% |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
$8,872 |
VictoryShares ESG Core Plus Bond ETF |
$493,664 |
VictoryShares ESG Corporate Bond ETF |
$274,535 |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
$34,457 |
VictoryShares ESG Core Plus Bond ETF |
$138,029 |
VictoryShares ESG Corporate Bond ETF |
$103,382 |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
$11 |
VictoryShares ESG Core Plus Bond ETF |
$875 |
VictoryShares ESG Corporate Bond ETF |
$497 |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
$959 |
VictoryShares ESG Core Plus Bond ETF |
$76,218 |
VictoryShares ESG Corporate Bond ETF |
$42,396 |
Fund |
Gross Income
from securities
lending activities |
Fees paid to
securities lending
agent from a
revenue split |
Rebate
(paid to
borrower) |
Aggregate
fees/compensation
for securities
lending activities |
Net income
from securities
lending
activities |
VictoryShares THB
Mid Cap ESG ETF |
$- |
$- |
$- |
$- |
$- |
VictoryShares ESG
Core Plus Bond ETF |
$- |
$- |
$- |
$- |
$- |
VictoryShares ESG
Corporate Bond ETF |
$- |
$- |
$- |
$- |
$- |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
VictoryShares THB Mid Cap ESG ETF | ||||||
Christopher N. Cuesta |
$594.64 |
5 |
$248.74 |
4 |
$79.30 |
22 |
Manish Maheshwari |
$594.64 |
5 |
$248.74 |
4 |
$79.30 |
22 |
VictoryShares ESG Bond ETFs | ||||||
Kurt Daum |
$14,269.25 |
8 |
$0 |
— |
$0 |
— |
John Spear |
$14,269.25 |
8 |
$0 |
— |
$0 |
— |
James F. Jackson Jr. |
$17,607.48 |
14 |
$0 |
— |
$0 |
— |
R. Neal Graves |
$17,607.48 |
14 |
$0 |
— |
$0 |
— |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
VictoryShares THB Mid Cap ESG ETF | ||||||
Christopher N. Cuesta |
$521.28 |
3 |
$0 |
— |
$0 |
— |
Manish Maheshwari |
$521.28 |
3 |
$0 |
— |
$0 |
— |
VictoryShares ESG Bond ETFs | ||||||
Kurt Daum |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
John Spear |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
James F. Jackson Jr. |
$13,666.20 |
6 |
$0 |
— |
$0 |
— |
R. Neal Graves |
$13,666.20 |
6 |
$0 |
— |
$0 |
— |
Portfolio
Manager |
Fund |
Dollar Range
of Shares
Beneficially
Owned as of
June 30, 2022 |
VictoryShares THB Mid Cap
ESG ETF Team |
|
|
Mr. Cuesta |
VictoryShares THB Mid Cap ESG ETF |
None |
Mr. Maheshwari |
VictoryShares THB Mid Cap ESG ETF |
None |
VS ESG Bond ETFs Team |
|
|
Mr. Daum |
VictoryShares ESG Core Plus Bond ETF
VictoryShares ESG Corporate Bond ETF |
None
None |
Mr. Spear |
VictoryShares ESG Core Plus Bond ETF
VictoryShares ESG Corporate Bond ETF |
None
None |
Mr. Jackson Jr. |
VictoryShares ESG Core Plus Bond ETF
VictoryShares ESG Corporate Bond ETF |
None
None |
Mr. Graves |
VictoryShares ESG Core Plus Bond ETF
VictoryShares ESG Corporate Bond ETF |
None
None |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
$82 |
VictoryShares ESG Core Plus Bond ETF |
$638 |
VictoryShares ESG Corporate Bond ETF |
$- |
Fund |
Amount of Transactions to Brokers Providing Research |
Related Commissions |
VictoryShares THB Mid
Cap ESG ETF |
$162,439 |
$20 |
Fund |
Broker-Dealer |
Type of
Security
(Debt or
Equity) |
Aggregate
Value ($000s) |
ESG Core Plus Bond ETF |
Bank of America Corp. |
Debt |
$650 |
ESG Core Plus Bond ETF |
Barclays PLC |
Debt |
$642 |
ESG Core Plus Bond ETF |
Citigroup Commercial
Mortgage Trust |
Debt |
$602 |
ESG Core Plus Bond ETF |
JPMorgan Chase & Co. |
Debt |
$1,769 |
ESG Core Plus Bond ETF |
Mizuho Financial Group,
Inc. |
Debt |
$400 |
ESG Core Plus Bond ETF |
Morgan Stanley |
Debt |
$2,072 |
ESG Core Plus Bond ETF |
Wells Fargo Commercial
Mortgage Trust |
Debt |
$427 |
VictoryShares ESG Corporate Bond ETF |
Bank of America Corp. |
Debt |
$3,750 |
VictoryShares ESG Corporate Bond ETF |
Barclays PLC |
Debt |
$948 |
Fund |
Broker-Dealer |
Type of
Security
(Debt or
Equity) |
Aggregate
Value ($000s) |
VictoryShares ESG Corporate Bond ETF |
JPMorgan Chase & Co. |
Debt |
$3,840 |
VictoryShares ESG Corporate Bond ETF |
Morgan Stanley |
Debt |
$3,511 |
Fund |
2022 |
VictoryShares THB Mid Cap ESG ETF |
17% |
VictoryShares ESG Core Plus Bond ETF |
56% |
VictoryShares ESG Corporate Bond ETF |
9% |
Fund |
Short-Term
Amount |
Long-Term
Amount |
Total |
VictoryShares THB Mid Cap ESG ETF |
- |
- |
- |
VictoryShares ESG Core Plus Bond ETF |
$5,176,406 |
- |
$5,176,406 |
VictoryShares ESG Corporate Bond ETF |
$998,291 |
- |
$998,291 |
Fund |
Ticker |
VictoryShares US Value Momentum ETF |
ULVM |
(formerly VictoryShares USAA MSCI USA Value Momentum ETF) |
|
VictoryShares US Small Mid Cap Value Momentum ETF |
USVM |
(formerly VictoryShares USAA MSCI USA Small Cap Value Momentum ETF) |
|
VictoryShares International Value Momentum ETF |
UIVM |
(formerly VictoryShares USAA MSCI International Value Momentum ETF) |
|
VictoryShares Emerging Markets Value Momentum ETF |
UEVM |
(formerly VictoryShares USAA MSCI Emerging Markets Value Momentum ETF) |
|
VictoryShares USAA Core Short-Term Bond ETF |
USTB |
VictoryShares USAA Core Intermediate-Term Bond ETF |
UITB |
Predecessor Fund Name |
Fund Name |
USAA MSCI USA Value Momentum Blend Index ETF |
VictoryShares US Value Momentum ETF |
|
(formerly VictoryShares USAA MSCI USA Value Momentum ETF) |
USAA MSCI USA Small Cap Value Momentum Blend Index ETF |
VictoryShares US Small Mid Cap Value Momentum ETF |
|
(formerly VictoryShares USAA MSCI USA Small Cap Value
Momentum ETF) |
USAA MSCI International Value Momentum Blend Index ETF |
VictoryShares International Value Momentum ETF |
|
(formerly VictoryShares USAA MSCI International Value Momentum
ETF) |
USAA MSCI Emerging Markets Value Momentum Blend Index ETF |
VictoryShares Emerging Markets Value Momentum ETF |
|
(formerly VictoryShares USAA MSCI Emerging Markets Value
Momentum ETF) |
USAA Core Short-Term Bond ETF |
VictoryShares USAA Core Short-Term Bond ETF |
USAA Core Intermediate-Term Bond ETF |
VictoryShares USAA Core Intermediate-Term Bond ETF |
|
Fee for In-Kind and
Cash Purchases and
Redemptions |
Maximum
Additional Variable
Charge for Cash
Purchases and
Redemptions* |
VictoryShares US Value Momentum ETF |
$500 |
2.00% |
VictoryShares US Small Cap Value Momentum ETF |
$750 |
2.00% |
VictoryShares International Value Momentum ETF |
$3,000 |
2.00% |
VictoryShares Emerging Markets Value Momentum ETF |
$5,500 |
2.00% |
VictoryShares USAA Core Short-Term Bond ETF |
$100 |
2.00% |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$100 |
2.00% |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David Brooks
Adcock,
Born October
1951 |
Trustee |
May 2015 |
Consultant (since 2006). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chairman,
Board of
Trustees,
Turner Funds
(December
2016-
December
2017). |
Nigel D.T.
Andrews,
Born April 1947 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Carlyle Secured
Lending, Inc.
(formerly TCG
BDC I, Inc.)
(since 2012);
Director,
Carlyle Credit
Solutions, Inc.
(formerly TCG
BDC II, Inc.)
(since 2017);
Trustee, Carlyle
Secured
Lending III
(since 2021). |
E. Lee Beard*,
Born August
1951 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Dennis M.
Bushe,
Born January
1944 |
Trustee |
July 2016 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
John L. Kelly,
Born April 1953 |
Chair and
Trustee |
May 2015 |
Partner, McCarvill
Capital Partners
(September
2016-September 2017). |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Director,
Caledonia
Mining
Corporation
(since May
2012). |
Name and
Date of Birth |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David L. Meyer,
Born April 1957 |
Trustee |
May 2015 |
Retired. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
None. |
Gloria S.
Nelund,
Born May 1961 |
Trustee |
July 2016 |
Chair, CEO, and
Co-Founder of TriLinc
Global, LLC, an
investment firm. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
TriLinc Global
Impact Fund,
LLC (since
2012). |
Leigh A. Wilson,
Born December
1944 |
Trustee |
May 2015 |
Private Investor. |
72 portfolios comprised
of 26 portfolios in the
Trust, 40 portfolios in
Victory Portfolios, and 6
portfolios in Victory
Variable Insurance
Funds |
Chair (since
2013),
Caledonia
Mining
Corporation. |
Name and Age |
Position
Held with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Number of Portfolios
in Fund Complex
Overseen by Trustee |
Other
Directorships
Held During
the
Past 5 Years |
David C.
Brown**,
Born May 1972 |
Trustee |
May 2015 |
Chief Executive Officer
and Chairman
(2013-present), Victory
Capital
Management Inc.; Chief
Executive Officer and
Chairman
(2013-present), Victory
Capital Holdings, Inc.;
Director, Victory Capital
Services, Inc. (2013-
present); Director,
Victory Capital Transfer
Agency, Inc. (2019-
present). |
117 portfolios
comprised of 26
portfolios in the Trust,
40 portfolios in Victory
Portfolios, 6 portfolios
in Victory Variable
Insurance Funds, and 45
portfolios in USAA
Mutual Funds Trust. |
Trustee, USAA
Mutual Funds
Trust; Board
Member,
Victory Capital
Services, Inc. |
Name and
Date of Birth |
Position with
the Trust |
Date
Commenced
Service |
Principal Occupation
During Past 5 Years |
Christopher K.
Dyer,
Born February
1962 |
President |
May 2015 |
Director of Mutual Fund Administration, the Adviser
(2004-present). Chief Operating Officer, Victory Capital
Services, Inc. (2020-present). Vice President, Victory
Capital Transfer Agency, Inc. (2019-present). |
Scott A. Stahorsky,
Born July 1969 |
Vice President |
May 2015 |
Manager, Fund Administration, the Adviser (since
2015). |
Thomas
Dusenberry,
Born July 1977 |
Secretary |
May 2022 |
Manager, Fund Administration, the Adviser; Treasurer
and Principal Financial Officer (2020-2022), Assistant
Treasurer (2019), Salient MF Trust, Salient Midstream,
MLP Fund and Forward Funds; Principal Financial
Officer (2018-2021) and Treasurer (2020-2021), Salient
Private Access Funds and Endowment PMF Funds;
Senior Vice President of Fund Accounting and
Operations, Salient Partners (2020-2022); Director of
Fund Operations, Salient Partners (2016-2019). |
Allan Shaer,
Born March 1965 |
Treasurer |
December 2017 |
Senior Vice President, Financial Administration, Citi
Fund Services Ohio, Inc. (since 2016); Vice President,
Mutual Fund Administration, JP Morgan Chase
(2011-2016). |
Christopher Ponte,
Born March 1984 |
Assistant
Treasurer |
May 2015 |
Manager, Fund Administration, the Adviser (since
2017); Senior Analyst, Fund Administration, the
Adviser (prior to 2017); Chief Financial Officer,
Victory Capital Services, Inc. (since 2018). |
Sean Fox,
Born September
1976 |
Chief
Compliance
Officer |
June 2022 |
Sr. Compliance Officer, the Adviser (2019-Present);
Compliance Officer, the Adviser (2015-2019). |
Charles Booth,
Born April 1960 |
Anti-Money
Laundering
Compliance
Officer and
Identity Theft
Officer |
May 2015 |
Director, Regulatory Administration and CCO Support
Services, Citi Fund Services Ohio, Inc. |
Jay G. Baris,
Born January 1954 |
Assistant
Secretary |
May 2015 |
Partner, Sidley Austin LLP (since 2020); Partner,
Shearman & Sterling LLP (2018-2020); Partner,
Morrison & Foerster LLP (2011-2018). |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar Range of Ownership
of Shares of All Series
of the Victory Fund Complex |
Mr. Adcock |
None |
Over $100,000 |
Mr. Andrews |
None |
Over $100,000 |
Ms. Beard |
None |
Over $100,000 |
Mr. Bushe |
None |
Over $100,000 |
Mr. Kelly |
None |
Over $100,000 |
Mr. Meyer |
None |
Over $100,000 |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar Range of Ownership
of Shares of All Series
of the Victory Fund Complex |
Ms. Nelund |
None |
Over $100,000 |
Mr. Wilson |
None |
Over $100,000 |
Trustee |
Dollar Range of Beneficial
Ownership of Fund Shares |
Aggregate Dollar Range of Ownership
of Shares of All Series
of the Victory Fund Complex |
Mr. Brown |
None |
Over $100,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock |
$16,891 |
$337,000 |
Mr. Andrews* |
$19,336 |
$387,000 |
Ms. Beard |
$16,891 |
$337,000 |
Mr. Bushe |
$16,891 |
$337,000 |
Mr. Kelly |
$23,183 |
$462,000 |
Mr. Meyer |
$16,891 |
$337,000 |
Ms. Nelund |
$16,891 |
$337,000 |
Mr. Wilson |
$20,559 |
$412,000 |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Brown* |
None |
None |
Trustee |
Aggregate Compensation
from the Funds |
Total Compensation from the
Victory Fund Complex |
Mr. Adcock* |
$2,534 |
$50,550 |
Ms. Beard** |
$1,059 |
$20,640 |
Mr. Bushe*** |
$8,445 |
$168,500 |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
VictoryShares Emerging Markets Value Momentum
ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
74.57% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
14.87% |
|
TD AMERITRADE CLEARING, INC.
200 South 108th Avenue
Omaha NE 68154 |
5.97% |
VictoryShares International Value Momentum ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
80.30% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
14.62% |
VictoryShares US Small Mid Cap Value
Momentum ETF |
TD AMERITRADE CLEARING, INC.
200 South 108th Avenue
Omaha NE 68154 |
50.90% |
|
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
31.24% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
12.34% |
VictoryShares US Value Momentum Index ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
76.67% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
19.97% |
VictoryShares USAA Core Intermediate-Term Bond
ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
70.92% |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
18.27% |
|
THE NORTHERN TRUST COMPANY
50 South La Salle Street
Chicago IL 60603 |
7.35% |
VictoryShares USAA Core Short-Term Bond ETF |
CITIBANK, NATIONAL ASSOCIATION
399 Park Avenue
New York NY 10022 |
54.73% |
|
NATIONAL FINANCIAL SERVICES LLC
499 Washington Blvd
Jersey City NJ 07310 |
9.63% |
Fund - Class |
Name and Address of Owner |
Percentage
Owned of
Record |
|
CHARLES SCHWAB & CO., INC.
101 Montgomery Street
San Franciso CA 94101 |
8.18% |
|
WELLS FARGO CLEARING SERVICES, LLC
3 World Financial Center
300 Vesey Street
New York NY 10281 |
7.99% |
Fund |
Advisory Fee |
VictoryShares US Value Momentum ETF |
0.15% |
VictoryShares US Small Mid Cap Value Momentum ETF |
0.15% |
VictoryShares International Value Momentum ETF |
0.25% |
VictoryShares Emerging Markets Value Momentum ETF |
0.30% |
VictoryShares USAA Core Short-Term Bond ETF |
0.25% |
Fund |
Advisory Fee |
VictoryShares USAA Core Intermediate-Term Bond ETF |
0.30% |
Fund |
2022 |
2021 |
2020* |
VictoryShares US Value Momentum ETF |
$525,522 |
$743,167 |
$592,313 |
VictoryShares US Small Mid Cap Value Momentum ETF |
$429,272 |
$422,811 |
$251,197 |
VictoryShares International Value Momentum ETF |
$851,308 |
$956,101 |
$677,043 |
VictoryShares Emerging Markets Value Momentum ETF |
$713,002 |
$742,275 |
$427,425 |
VictoryShares USAA Core Short-Term Bond ETF |
$844,725 |
$552,324 |
$195,576 |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$3,440,008 |
$1,898,886 |
$972,891 |
Fund |
2022 |
2021 |
2020* |
VictoryShares US Value Momentum ETF |
$241,640 |
$343,353 |
$334,253 |
VictoryShares US Small Cap Value Momentum ETF |
$90,764 |
$98,379 |
$99,856 |
VictoryShares International Value Momentum ETF |
$212,159 |
$278,572 |
$171,150 |
VictoryShares Emerging Markets Value Momentum ETF |
$223,331 |
$281,557 |
$166,777 |
VictoryShares USAA Core Short-Term Bond ETF |
$107,121 |
$76,367 |
$68,118 |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$- |
$219,145 |
$120,613 |
Fund |
2022 |
2021 |
2020* |
VictoryShares US Value Momentum ETF |
$2,560 |
$4,209 |
$3,343 |
VictoryShares US Small Mid Cap Value Momentum ETF |
$2,034 |
$2,334 |
$1,254 |
VictoryShares US International Value Momentum ETF |
$2,443 |
$3,168 |
$2,140 |
VictoryShares US Emerging Markets Value Momentum ETF |
$1,703 |
$1,980 |
$1,222 |
VictoryShares USAA Core Short-Term Bond ETF |
$2,346 |
$1,682 |
$609 |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$7,878 |
$4,946 |
$2,619 |
Fund |
2022 |
2021 |
2020* |
VictoryShares US Value Momentum ETF |
$189,874 |
$288,677 |
$236,868 |
VictoryShares US Small Mid Cap Value Momentum ETF |
$155,055 |
$163,754 |
$100,740 |
VictoryShares International Value Momentum ETF |
$184,501 |
$222,370 |
$162,394 |
VictoryShares Emerging Markets Value Momentum ETF |
$128,768 |
$143,303 |
$85,435 |
VictoryShares USAA Core Short-Term Bond ETF |
$182,941 |
$127,501 |
$47,075 |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$620,976 |
$365,650 |
$195,215 |
Fund |
Gross Income
from securities
lending activities |
Fees paid to
securities lending
agent from a
revenue split |
Rebate (paid
to borrower) |
Aggregate
fees/compensation
for securities
lending activities |
Net income
from securities
lending
activities |
VictoryShares US
Value Momentum
ETF |
$12,470 |
$1,174 |
$663 |
$1,837 |
$10,633 |
VictoryShares US
Small Mid Cap
Value Momentum
ETF |
$177,476 |
$17,191 |
$4,934 |
$22,125 |
$155,351 |
VictoryShares
International Value
Momentum ETF |
$129,774 |
$10,922 |
$19,701 |
$30,623 |
$99,151 |
Fund |
Gross Income
from securities
lending activities |
Fees paid to
securities lending
agent from a
revenue split |
Rebate (paid
to borrower) |
Aggregate
fees/compensation
for securities
lending activities |
Net income
from securities
lending
activities |
VictoryShares
Emerging Markets
Value Momentum
ETF |
$20,753 |
$1,812 |
$1,103 |
$2,915 |
$17,838 |
VictoryShares
USAA Core
Short-Term Bond
ETF |
$1,443 |
$- |
$- |
$- |
$1,443 |
VictoryShares
USAA Core
Intermediate-Term
Bond ETF |
$23,700 |
$1,799 |
$5,739 |
$7,538 |
$16,162 |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
VictoryShares Index ETFs | ||||||
Kurt Daum |
$14,269.25 |
8 |
$0 |
— |
$0 |
— |
Julianne Bass |
$13,951.85 |
6 |
$0 |
— |
$0 |
— |
Brian Smith |
$13,951.85 |
6 |
$0 |
— |
$0 |
— |
John Spear |
$14,269.25 |
8 |
$0 |
— |
$0 |
— |
James F. Jackson Jr. |
$17,607.48 |
14 |
$0 |
— |
$0 |
$17,607.48 |
R. Neal Graves |
$17,607.48 |
14 |
$0 |
— |
$0 |
$17,607.48 |
Doug Rollwitz |
$2,986.74 |
2 |
$0 |
— |
$0 |
— |
VictoryShares USAA Bond ETFs | ||||||
Mannik Dhillon |
$50,888.07 |
58 |
$52.10 |
4 |
$5,121.16 |
19 |
Lance Humphrey |
$10,640.67 |
18 |
$0 |
— |
$2,532.54 |
4 |
|
Registered
Investment
Company Accounts |
Pooled Investment
Vehicle Accounts |
Other Accounts | |||
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts |
Assets
Managed
(In Millions) |
Number of
Accounts | |
VictoryShares Index ETFs | ||||||
Kurt Daum |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
Julianne Bass |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
Brian Smith |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
John Spear |
$12,355.57 |
4 |
$0 |
— |
$0 |
— |
James F. Jackson Jr. |
$13,666.20 |
6 |
$0 |
— |
$0 |
— |
R. Neal Graves |
$13,666.20 |
6 |
$0 |
— |
$0 |
— |
Doug Rollwitz |
$2,986.74 |
2 |
$0 |
— |
$0 |
— |
VictoryShares USAA Bond ETFs | ||||||
Mannik Dhillon |
$23,854.47 |
15 |
$0 |
— |
$0 |
— |
Lance Humphrey |
$535.25 |
2 |
$0 |
— |
$0 |
— |
Portfolio
Manager |
Fund |
Dollar Range
of Shares
Beneficially
Owned as of
June 30, 2022 |
VictoryShares Index ETFs
Team |
|
|
Mr. Dhillon |
VictoryShares US Value Momentum ETF
VictoryShares US Small Mid Cap Value Momentum ETF
VictoryShares International Value Momentum ETF
VictoryShares Emerging Markets Value Momentum ETF |
None
None
None
None |
Mr. Humphrey |
VictoryShares US Value Momentum ETF
VictoryShares US Small Mid Cap Value Momentum ETF
VictoryShares International Value Momentum ETF
VictoryShares Emerging Markets Value Momentum ETF |
None
None
None
None |
Bond ETFs Team |
|
|
Ms. Bass |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
None
None |
Mr. Daum |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
None
None |
Mr. Graves |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
$50,001-$100,000
$10,001-$50,000 |
Mr. Jackson Jr. |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
None
None |
Mr. Smith |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
$10,001-$50,000 None |
Mr. Spear |
VictoryShares USAA Core Short-Term Bond ETF
VictoryShares USAA Core Intermediate-Term ETF |
None
None |
Mr. Rollwitz |
VictoryShares USAA Core Short-Term Bond ETF |
None |
Fund |
2022 |
2021 |
2020* |
VictoryShares US Value Momentum ETF |
$95,607 |
$120,474 |
$116,445 |
VictoryShares US Small Mid Cap Value Momentum ETF |
$247,960 |
$156,280 |
$122,124 |
VictoryShares US International Value Momentum ETF |
$283,955 |
$315,965 |
$200,653 |
VictoryShares US Emerging Markets Value Momentum ETF |
$272,110 |
$306,817 |
$141,156 |
VictoryShares USAA Core Short-Term Bond ETF |
$- |
$- |
$- |
VictoryShares USAA Core Intermediate-Term Bond ETF |
$- |
$156 |
$- |
Fund |
Amount of Transactions to Brokers Providing Research |
Related
Commissions |
VictoryShares US Value Momentum
ETF |
$177,367,800 |
$51,020 |
VictoryShares US Small Mid Cap
Value Momentum ETF |
$180,240,443 |
$129,320 |
VictoryShares International Value
Momentum ETF |
$196,751,684 |
$106,253 |
VictoryShares Emerging Markets
Value Momentum ETF |
$147,027,355 |
$103,027 |
VictoryShares USAA Core
Short-Term Bond ETF |
None |
None |
VictoryShares USAA Core
Intermediate-Term Bond ETF |
None |
None |
Fund |
Broker-Dealer |
Type of
Security
(Debt or
Equity) |
Aggregate
Value ($000s) |
VictoryShares International Value Mom ETF |
Barclays PLC |
Equity |
$1,142 |
VictoryShares International Value Mom ETF |
Mitsubishi Corp. |
Equity |
$2,992 |
VictoryShares International Value Mom ETF |
Mizuho Financial Group,
Inc. |
Equity |
$929 |
VictoryShares US Small Mid Cap Value Mom ETF |
Jefferies Financial Group,
Inc. |
Equity |
$632 |
VictoryShares US Value Mom Index ETF |
Citigroup, Inc. |
Equity |
$1,286 |
VictoryShares US Value Mom Index ETF |
Morgan Stanley |
Equity |
$744 |
VictoryShares US Value Mom Index ETF |
The Goldman Sachs Group,
Inc. |
Equity |
$1,737 |
VictoryShares US Value Mom Index ETF |
Wells Fargo & Co. |
Equity |
$1,264 |
USAA Core Intermediate-Term Bond ETF |
Bank of America Corp. |
Debt |
$5,035 |
USAA Core Intermediate-Term Bond ETF |
Barclays PLC |
Debt |
$2,267 |
USAA Core Intermediate-Term Bond ETF |
Citigroup Commercial
Mortgage Trust |
Debt |
$5,008 |
USAA Core Intermediate-Term Bond ETF |
JPMorgan Chase & Co. |
Debt |
$9,375 |
USAA Core Intermediate-Term Bond ETF |
Mizuho Financial Group,
Inc. |
Debt |
$1,993 |
USAA Core Intermediate-Term Bond ETF |
Morgan Stanley |
Debt |
$4,258 |
USAA Core Intermediate-Term Bond ETF |
Wells Fargo & Co. |
Debt |
$1,890 |
USAA Core Short-Term Bond ETF |
Barclays Bank PLC |
Debt |
$1,009 |
USAA Core Short-Term Bond ETF |
Citigroup Commercial
Mortgage Trust |
Debt |
$491 |
USAA Core Short-Term Bond ETF |
JPMorgan Chase
Commercial Mortgage
Securities Trust |
Debt |
$2,416 |
USAA Core Short-Term Bond ETF |
Morgan Stanley |
Debt |
$2,853 |
Fund |
2022 |
2021 |
VictoryShares US Value Momentum ETF |
53% |
76% |
VictoryShares US Small Mid Cap Value Momentum ETF |
70% |
78% |
VictoryShares International Value Momentum ETF |
68% |
90% |
VictoryShares Emerging Markets Value Momentum ETF |
70% |
95% |
VictoryShares USAA Core Short-Term Bond ETF |
67% |
80% |
VictoryShares USAA Core Intermediate-Term Bond ETF |
24% |
16% |
Fund |
Short-Term
Amount |
Long-Term
Amount |
Total |
VictoryShares US Value Momentum ETF |
55,201,537 |
20,164,210 |
$75,365,747 |
VictoryShares US Small Mid Cap Value Momentum ETF |
44,173,153 |
5,142,550 |
$49,315,703 |
VictoryShares International Value Momentum ETF |
50,644,306 |
10,558,298 |
$61,202,604 |
VictoryShares Emerging Markets Value Momentum ETF |
17,581,884 |
1,021,501 |
$18,603,385 |
Fund |
Short-Term
Amount |
Long-Term
Amount |
Total |
VictoryShares USAA Core Short-Term Bond ETF |
- |
- |
$- |
VictoryShares USAA Core Intermediate-Term Bond ETF |
- |
- |
$- |
Item 28. |
Exhibits |
|
(a) |
|
Articles of Incorporation. |
|
(1) |
|
|
(2)(a) |
|
|
(2)(b) |
|
|
(2)(c) |
|
(b) |
|
|
(c) |
|
Instruments Defining Rights of Security Holder. None other than in the Second Amended and Restated
Agreement and Declaration of Trust and By-Laws of the Registrant. |
(d) |
|
Investment Advisory Contracts. |
|
(1)(a) |
|
|
(1)(b) |
|
(e) |
|
Underwriting Contracts. |
|
(1)(a) |
|
|
(1)(b) |
|
|
(1)(c) |
|
|
(1)(e) |
|
|
(1)(e) |
|
|
(1)(f) |
|
|
(1)(g) |
|
|
(l)(h) |
|
|
(1)(i) |
|
|
(l)(j) |
|
|
(2) |
|
|
(3)(a) |
|
|
(3)(b) |
|
|
(3)(c) |
|
(f) |
|
Bonus or Profit Sharing Contracts. None. |
(g) |
|
Custodian Agreements. |
|
(1)(a) |
|
|
(1)(b) |
|
|
(1)(c) |
|
|
(1)(d) |
|
|
(1)(e) |
|
|
(1)(f) |
|
|
(1)(g) |
|
|
(1)(h) |
|
|
(1)(i) |
|
|
(1)(j) |
Amendment and Joinder to the Master Global Custodial Services Agreement, dated December 2, 2020. |
|
(1)(k) |
|
|
(1)(l) |
|
|
(1)(m) |
|
(h) |
|
Other Material Contracts. |
|
(1) |
|
(2)(a) |
|
|
(2)(b) |
|
|
(2)(c) |
|
|
(2)(d) |
|
|
(2)(e) |
|
|
(2)(f) |
|
|
(2)(g) |
|
|
(2)(h) |
|
|
(2)(i) |
|
|
(2)(j) |
|
|
(2)(k) |
|
|
(2)(l) |
|
|
(2)(m) |
|
|
(2)(n) |
|
|
(3)(a) |
|
|
(3)(b) |
|
|
(3)(c) |
|
|
(3)(d) |
|
|
(3)(e) |
|
|
(4)(a) |
|
|
(4)(b) |
|
|
(4)(c) |
|
|
(4)(d) |
|
|
(4)(e) |
|
|
(5)(a) |
|
|
(5)(b) |
|
|
(5)(c) |
|
|
(5)(d) |
|
|
(5)(e) |
|
|
(5)(f) |
|
|
(5)(g) |
|
|
(5)(h) |
|
|
(5)(i) |
|
|
(5)(j) |
|
|
(5)(k) |
|
|
(5)(l) |
|
|
(6)(a) |
|
|
(6)(b) |
|
|
(7)(a) |
|
|
(7)(b) |
|
|
(8)(a) |
|
|
(8)(b) |
|
(i)(1) |
|
(i)(2) |
|
|
(i)(3) |
|
|
(j) |
(1)(a) |
Consent of Sidley Austin LLP dated October 28, 2022. (filed herewith) |
|
(1)(c) |
|
(j) |
(2)(a) |
|
|
(2)(b) |
|
(k) |
|
Omitted Financial Statements. None. |
(l) |
|
|
(m) |
|
Rule 12b-1 Plans |
|
(1)(a) |
|
|
(1)(b) |
|
|
(2)(a) |
|
|
(2)(b) |
|
|
(3)(a) |
|
(n) |
|
Rule 18f-3 Plan |
|
(1)(a) |
|
|
(1)(b) |
|
(o) |
|
Reserved. |
(p) |
|
Codes of Ethics |
|
(1) |
|
|
(2) |
|
|
(3) |
|
|
(4) |
David C. Brown |
Director, Chairman and Chief Executive Officer of Adviser and VCH |
Kelly S. Cliff |
President, Investment Franchises of Adviser and VCH, Director of Adviser |
Michael D. Policarpo, II |
President, Chief Financial Officer and Chief Administrative Officer of
Adviser and VCH, Director of Adviser |
Nina Gupta |
Chief Legal Officer and Secretary of Adviser and VCH, Director of
Adviser |
Name |
Positions and Offices with Underwriter |
Positions and Offices with Registrant |
David C. Brown |
Director |
Trustee |
Michael D. Policarpo, II |
Director |
None |
Charles Mathes |
Director, Chief Compliance
Officer |
None |
Donald Inks |
Chief Operations Officer |
None |
Christopher Dyer |
President |
President |
Christopher Ponte |
Chief Financial Officer |
Assistant Treasurer |
Name |
Position and Offices with Underwriter |
Positions and Offices with Registrant |
Teresa Cowan |
President/Manager |
None |
Chris Lanza |
Vice President |
None |
Kate Macchia |
Vice President |
None |
Nanette K. Chern |
Vice President and Chief
Compliance Officer |
None |
Kelly B. Whetstone |
Secretary |
None |
Susan L. LaFond |
Treasurer |
None |
Signature |
Title |
/s/ Christopher K. Dyer
Christopher K. Dyer |
President (Principal Executive Officer) |
/s/ Allan Shaer
Allan Shaer |
Treasurer (Principal Accounting Officer and Principal Financial Officer) |
*
David Brooks Adcock |
Trustee |
*
Nigel D.T. Andrews |
Trustee |
*
E. Lee Beard |
Trustee |
*
David C. Brown |
Trustee |
*
Dennis M. Bushe |
Trustee |
*
John L. Kelly |
Chairman of the Board and Trustee |
*
David L. Meyer |
Trustee |
*
Gloria S. Nelund |
Trustee |
*
Leigh A. Wilson |
Trustee |