USCCX
Victory Cornerstone Conservative Fund
Victory Portfolios III
Fund of funds
Expense ratio1
0.60%
Net assets2
$250.63M
Holdings2
28
Category
Other
2025 return3
10.97%

Investment objective & strategy

As of June 26, 2025 · prospectus

Objective. The Victory Cornerstone Conservative Fund (the Fund) seeks current income. The Fund also considers the potential for capital appreciation.

Strategy. The Funds principal investment strategy is to invest its assets in a selection of affiliated mutual funds and exchange-traded funds (ETFs) (underlying affiliated funds) consisting of a target asset class allocation of approximately 20% equity securities and 80% fixed-income securities. This is often referred to as a fund-of-funds investment strategy. The actual asset class allocation can deviate from time to time from these targets as market conditions warrant. The Fund may invest in investment-grade and below-investment-grade (junk or high-yield) fixed-income securities. The Funds principal investment strategy is to invest its assets in a selection of affiliated mutual funds and exchange-traded funds (ETFs) (underlying affiliated funds) consisting of a target asset class allocation of approximately 20% equity securities and 80% fixed-income securities. This is often referred to as a fund-of-funds investment strategy. The actual asset class allocation can deviate from time to time from these targets as market conditions warrant. The Fund may invest in investment-grade and below-investment-grade (junk or high-yield) fixed-income securities.

Top holdings

As of Feb. 28, 2026 · N-PORT

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
4
Exited
1
Increased
13
Decreased
1
Unchanged
10

How 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.

View portfolio moves →

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Advisers

As of February 28, 2025 · N-CEN
FirmRole
Victory Capital Management Inc. Adviser

Footnotes

  1. Expense ratio as of June 26, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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