USTCX
Victory Science & Technology Fund
Victory Portfolios III
Expense ratio1
1.28%
Net assets2
$1.34B
Holdings2
206
Category
US Equity
2025 return3
17.84%

Investment objective & strategy

As of Aug. 27, 2025 · prospectus

Objective. The Victory Science & Technology Fund (the Fund) seeks long-term capital appreciation.

Strategy. The Fund normally invests at least 80% of its assets in equity securities of companies expected to benefit from the development and use of scientific and technological advances and improvements. This 80% policy may be changed upon at least 60 days prior written notice to shareholders. The Fund employs a multi-manager structure with the underlying managers implementing fundamentally driven security selection investment processes that focus on companies exhibiting high levels of growth primarily in the Information Technology and Healthcare sectors. The Fund may invest up to 50% of its assets in foreign securities, including securities issued in emerging markets. The Fund normally invests at least 80% of its assets in equity securities of companies expected to benefit from the development and use of scientific and technological advances and improvements. This 80% policy may be changed upon at least 60 days prior written notice to shareholders. The Fund employs a multi-manager structure with the underlying managers implementing fundamentally driven security selection investment processes that focus on companies exhibiting high levels of growth primarily in the Information Technology and Healthcare sectors. The Fund may invest up to 50% of its assets in foreign securities, including securities issued in emerging markets.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $146.95M 10.96%
META PLATFORMS INC CL A $89.38M 6.67%
MICROSOFT CORP $79.49M 5.93%
AMAZON.COM INC $57.50M 4.29%
ALPHABET INC CL A $53.64M 4.00%
BROADCOM INC $37.41M 2.79%
LAM RESEARCH CORP $34.12M 2.54%
APPLOVIN CORP $32.18M 2.40%
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC $31.12M 2.32%
APPLE INC $28.64M 2.14%
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
28
Exited
21
Increased
51
Decreased
85
Unchanged
42

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 RS Science & Technology Fund · RSIFX, RINCX, RIFYX 72% 1.24%
Franklin DynaTech VIP Fund 52% 0.87%
Franklin Dynatech Fund · FKDNX, FDYNX, FDYZX, FDNRX, FDTRX 52% 0.44%
View all similar funds →

Advisers

As of April 30, 2025 · N-CEN
FirmRole
Wellington Management Company LLP Sub-adviser
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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