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Victory Sycamore Established Value I  VEVIX
Release date as of 2019-10-31. Data on page is subject to change.
Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2019-10-31
Out of 369
Mid-Cap Value Funds
Morningstar®
Style Box™
What is this?
As of 2019-09-30
Total Fund Assets ($ Mil)
11,639.76
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term capital growth by investing primarily in common stocks.
The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities of companies with market capitalizations, at the time of purchase, within the range of companies comprising the Russell MidCap® Value Index. The fund may invest a portion of its assets in equity securities of foreign companies traded in the U.S., including American Depositary Receipts and Global Depositary Receipts (ADRs and GDRs).
  Morningstar Category: Mid-Cap Value
Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. The U.S. mid-cap range for market capitalization typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Performance
Growth of $10,000
(from 2010-03-01 to 2019-10-31)
Investment: Victory Sycamore Established Value I
Benchmark 1: S&P 500 TR USD
Benchmark 2: Russell Mid Cap Value TR USD
Category: Mid-Cap Value
This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
Total Annualized Returns %
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Investment 22.52 12.31 11.45 10.17 13.46 12.72
S&P 500 TR USD 23.16 14.33 14.91 10.78 13.70 ---
Russell Mid Cap Value TR USD 20.11 10.08 8.90 6.95 12.90 ---
Category 17.82 7.51 8.33 6.07 11.21 10.54
Morningstar Rating --- --- ---
# of compared Mid-Cap Value funds covered (3 yrs : out of 369 funds) (5 yrs : out of 335 funds) (10 yrs : out of 232 funds)
Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.
Fees and Expenses
Total Annual Operating Expense 0.59%
Prospectus Net Expense Ratio 0.59%
Maximum Sales Charge ---
The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio.
Waiver Data
Type Date %
--- --- --- ---
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 95.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 1.4
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.8
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2019-09-30
Morningstar Equity Sectors
% of Stocks
Cyclical 49.14
Basic Materials 6.71
Consumer Cyclical 14.87
Financial Services 20.06
Real Estate 7.50
Sensitive 33.22
Communication Services 0.02
Energy 3.66
Industrials 17.18
Technology 12.36
Defensive 17.65
Consumer Defensive 9.44
Healthcare 4.18
Utilities 4.03
Data through 2019-09-30
Holding Status
Total Number of Stock Holdings 76
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 20.18
Turnover % (as of 2018-10-31) 36.00
30 Day SEC Yield % 1.37
Top Holdings
Sector P/E % of Net
Assets
Quest Diagnostics Inc 19.96 2.54
Alleghany Corp 81.30 2.39
Archer-Daniels Midland Co 15.95 2.32
Eastman Chemical Co 10.47 2.03
Reliance Steel & Aluminum Co 10.24 1.96
Carter's Inc 17.92 1.88
Allstate Corp 10.03 1.80
The Kroger Co 14.20 1.79
Textron Inc 44.25 1.74
Lamar Advertising Co Class A 23.42 1.73
Data through 2019-09-30
  Principal Risks   
Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Management, Mid-Cap
Show Risk Definitions
  Other Information
Inception Date: 2010-03-01
Initial Shareclass Inception Date: 1983-08-16
Portfolio Manager(s)
Jeffrey M. Graff   (2007-03-01)
Jeffrey Graff is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Graff joined Victory Capital in 2001 with six years’ prior investment experience. Previously, he was employed as an equity analyst with A.G. Edwards & Sons. He began his career in the investment industry as an equity research associate for Roulston & Company. Mr. Graff holds a B.B.A. from Cleveland State University and an M.Fin. from St. Louis University. He is a CFA® charterholder.
James M. Albers   (2012-12-31)
James Albers is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Albers joined Victory Capital in 2005. Previously, he worked as a consultant with Accenture and IBM Global Services. Mr. Albers earned a B.S. and an MBA from the University of Wisconsin. He is a CFA® charterholder.
Michael F. Rodarte   (2012-12-31)
Michael Rodarte is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Rodarte joined Victory Capital in 2006. Previously, he worked as an analyst with KeyBanc Capital Markets in its corporate and investment banking groups. Mr. Rodarte earned his B.B.A. in finance, economics, and international business from Ohio University. He is a CFA® charterholder.
Gregory M. Conners   (2002-03-01)
Greg Conners is a portfolio manager for the Sycamore Capital Small Cap Value Equity and Mid Cap Value Equity strategies. Mr. Conners joined Victory Capital in 1999 with four years’ prior investment experience as a small-cap research analyst with Carillon Advisers. Prior to his tenure as portfolio manager, he served as a research analyst for the Small Cap Value Equity strategy. Mr. Conners holds a B.S. in economics from College of Mount St. Joseph and an MBA from Xavier University.
Gary H. Miller   (1998-07-31)
Gary Miller is Chief Investment Officer of Sycamore Capital. He is also lead portfolio manager of the Small Cap Value Equity and Mid Cap Value Equity strategies. The Victory Small Cap Value Equity and Mid Cap Value Equity team was renamed Sycamore Capital on April 1, 2015. Sycamore Capital is a Victory Capital investment franchise. Mr. Miller joined Victory Capital in 1987. Prior to his tenure as portfolio manager, he served as an equity research analyst for the Small Cap Value and Mid Cap Value Equity strategies. Mr. Miller holds a B.B.A. in accounting from the University of Cincinnati and an MBA from Xavier University.
Investment Advisor(s)
Victory Capital Management Inc.
Issuer
Victory
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.