Investment objective & strategy
As of Oct. 27, 2022 · prospectusObjective. The Victory Victory NewBridge Large Cap Growth Fund (the Fund) seeks to provide long-term capital appreciation.
Strategy. The Adviser pursues the Fund's investment objective by investing primarily in U.S. equity securities of companies whose growth prospects appear to exceed those of the overall market. The issuers are typically listed on a nationally recognized exchange. Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities of large cap companies. Large cap companies are companies that, at the time of purchase, have market capitalizations within the range of companies comprising the Russell 1000 Growth Index. As of September 30, 2022, the Russell 1000 Growth Index included companies with approximate market capitalizations between $1.4 billion and $2.2 trillion. The size of companies in the index changes with market conditions and the composition of the … The Adviser pursues the Fund's investment objective by investing primarily in U.S. equity securities of companies whose growth prospects appear to exceed those of the overall market. The issuers are typically listed on a nationally recognized exchange. Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities of large cap companies. Large cap companies are companies that, at the time of purchase, have market capitalizations within the range of companies comprising the Russell 1000 Growth Index. As of September 30, 2022, the Russell 1000 Growth Index included companies with approximate market capitalizations between $1.4 billion and $2.2 trillion. The size of companies in the index changes with market conditions and the composition of the index. In making investment decisions for the Fund, the Adviser will invest the Funds assets in stocks of approximately 25-35 companies that have exhibited faster-than-average earnings growth over the past few years and are expected to continue to show high levels of earnings growth. The Adviser incorporates sustainable investing considerations into its investment process to identify companies with strong, responsible leadership teams and to mitigate security-level risk. The Adviser reduces a position when it reaches a 10% position size limit and sells a stock when the fundamental characteristics deteriorate, relative valuation has become less favorable or when a better investment opportunity is identified. The Fund may invest a portion of its assets in equity securities of foreign companies traded in the United States, including American Depositary Receipts and Global Depositary Receipts (ADRs and GDRs). As a result of the Advisers investment process, the Funds investments may be focused in one or more economic sectors, including the information technology and consumer discretionary sectors.
Top holdings
As of Sept. 30, 2022 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL C | — | $501.90K | 6.45% |
| AMAZON.COM INC | — | $488.39K | 6.28% |
| VISA INC-CLASS A | — | $395.98K | 5.09% |
| O'REILLY AUTOMOTIVE INC | — | $330.57K | 4.25% |
| CADENCE DESIGN SYSTEMS INC | — | $329.15K | 4.23% |
| MICROSOFT CORP | — | $316.28K | 4.07% |
| ZOETIS INC CL A | — | $297.02K | 3.82% |
| SERVICENOW INC | — | $292.27K | 3.76% |
| THERMO FISHER SCIENTIFIC INC | — | $292.14K | 3.75% |
| NVIDIA CORP | — | $271.19K | 3.49% |
Portfolio moves
Jun 30, 2022 → Sep 30, 2022How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| AST Jennison Large-Cap Growth Portfolio | 35% | 0.98% |
| AST MFS Growth Portfolio | 32% | 0.96% |
| Bridges Investment Fund, Inc. | 31% | 0.72% |
Footnotes
- Net assets and holdings count as of September 30, 2022, from the fund's N-PORT filing.
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