USISX
Victory Income Stock Fund
Victory Portfolios III
Expense ratio1
0.75%
Net assets2
$2.73B
Holdings2
144
Category
US Equity
2025 return3
13.90%

Investment objective & strategy

As of Aug. 27, 2025 · prospectus

Objective. The Victory Income Stock Fund (the Fund) seeks current income with the prospect of increasing dividend income and the potential for capital appreciation.

Strategy. The Fund normally invests at least 80% of its assets in common stocks, with at least 65% of the Funds assets normally invested in common stocks of companies that pay dividends. This 80% policy may be changed upon at least 60 days prior written notice to shareholders. The Fund attempts to provide a portfolio with a dividend yield that is, overtime, at or above the average of the Russell 1000 Value Index. Although the Fund invests primarily in U.S. securities, it may invest up to 20% of its total assets in foreign securities, including securities issued in emerging markets. Additionally, the Fund may invest in derivatives, including futures and options and may write (sell) covered call options on the securities … The Fund normally invests at least 80% of its assets in common stocks, with at least 65% of the Funds assets normally invested in common stocks of companies that pay dividends. This 80% policy may be changed upon at least 60 days prior written notice to shareholders. The Fund attempts to provide a portfolio with a dividend yield that is, overtime, at or above the average of the Russell 1000 Value Index. Although the Fund invests primarily in U.S. securities, it may invest up to 20% of its total assets in foreign securities, including securities issued in emerging markets. Additionally, the Fund may invest in derivatives, including futures and options and may write (sell) covered call options on the securities it holds to generate income.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
JPMORGAN CHASE and CO $75.97M 2.79%
JOHNSON&JOHNSON $59.62M 2.19%
ALPHABET INC CL A $59.20M 2.17%
WELLS FARGO & CO $57.79M 2.12%
GILEAD SCIENCES INC $55.75M 2.04%
MERCK & CO $54.94M 2.01%
ALTRIA GROUP INC $50.95M 1.87%
LOCKHEED MARTIN CORP $49.65M 1.82%
BRISTOL-MYERS SQUIBB CO $47.05M 1.73%
CISCO SYSTEMS INC $45.28M 1.66%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
16
Exited
20
Increased
22
Decreased
106
Unchanged
0

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 →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Victory Growth & Income Fund · USGRX, UIGIX 58% 0.86%
Victory Value Fund · UVALX, UIVAX 42% 0.91%
iShares Core Dividend ETF · DIVB 37% 0.05%
View all similar funds →

Advisers

As of April 30, 2025 · N-CEN
FirmRole
Victory Capital Management Inc. Adviser

Footnotes

  1. Expense ratio as of August 27, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 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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