Investment objective & strategy
As of Oct. 24, 2025 · prospectusObjective. The Victory Diversified Stock Fund (the Fund) seeks to provide long-term growth of capital.
Strategy. The Fund invests, under normal circumstances, at least 80% of its assets in common stock, which includes securities convertible or exchangeable into common stock traded on U.S. exchanges. The Adviser employs a quantitative investment process that identifies equity securities of companies across large-cap and mid-cap capitalizations. The Adviser uses a disciplined approach that combines value, momentum, quality, and growth factors to construct a diversified portfolio. The Advisers quantitative methodology looks at investment fundamentals to evaluate potential investments from a broad universe of securities. The quantitative analysis focuses, on among other things: ? Quality: Financial strength and earnings stability ? Value: Securities trading below intrinsic value based on fundamental metrics ? Momentum: Price trends indicating positive market recognition The Advisers quantitative … The Fund invests, under normal circumstances, at least 80% of its assets in common stock, which includes securities convertible or exchangeable into common stock traded on U.S. exchanges. The Adviser employs a quantitative investment process that identifies equity securities of companies across large-cap and mid-cap capitalizations. The Adviser uses a disciplined approach that combines value, momentum, quality, and growth factors to construct a diversified portfolio. The Advisers quantitative methodology looks at investment fundamentals to evaluate potential investments from a broad universe of securities. The quantitative analysis focuses, on among other things: ? Quality: Financial strength and earnings stability ? Value: Securities trading below intrinsic value based on fundamental metrics ? Momentum: Price trends indicating positive market recognition The Advisers quantitative approach is designed to diversify the Funds holdings and optimize risk-adjusted returns The Adviser attempts to manages portfolio risks by limiting exposure to particular industry sectors and stocks of individual issuers. The Fund generally will sell portfolio holdings when quantitative factors signal that a stocks value is likely to deteriorate materially, when more attractive opportunities are identified, or to manage risks within identified parameters. As a result of its investment strategy, the Fund may experience annual portfolio turnover in excess of 100%.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $28.09M | 7.85% |
| APPLE INC | — | $27.79M | 7.77% |
| MICROSOFT CORP | — | $21.28M | 5.95% |
| ALPHABET INC CL C | — | $18.91M | 5.29% |
| LILLY ELI and CO | — | $7.07M | 1.98% |
| STATE STREET REAL ESTATE SELECT SECTOR SPDR ETF MUTUAL FUND | XLRE | $7.03M | 1.97% |
| BROADCOM INC | — | $6.65M | 1.86% |
| KLA CORP | — | $5.41M | 1.51% |
| EOG RESOURCES INC | — | $5.32M | 1.49% |
| JPMORGAN CHASE and CO | — | $5.28M | 1.47% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How 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. |
|---|---|---|
| Victory Multi-Cap Fund · MNNAX, MNNCX, MNNYX | 67% | 0.95% |
| FlexShares US Quality Large Cap Index Fund · QLC | 48% | 0.25% |
| Allspring Disciplined U.S. Core Fund · EVSAX, EVSTX, EVSYX, EVSIX, EVSRX | 48% | 0.42% |
Advisers
| Firm | Role |
|---|---|
| Victory Capital Management Inc. | Adviser |
Footnotes
- Expense ratio as of October 24, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- 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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