Victory Aggressive Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Victory Aggressive Growth Fund held 121 positions with $2.66B in net assets. Its ten largest holdings made up 52.9% of the fund. The USAUX share class costs 0.64% a year. Over the 12 months to May 2026, USAUX returned 25.5%, with dividends reinvested. In 2026 Q3 it added 7 new positions and exited 7.
The Victory Aggressive Growth Fund (the Fund) seeks capital appreciation.
The fund invests in large-capitalization equity securities selected by the Adviser's internal investment teams using fundamental analysis to identify companies expected to deliver superior long-term returns. Up to 20% of assets may be allocated to foreign securities, including those of emerging-market issuers. Returns depend on the security selections made by the fund's managers.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
13.72% | $364.37M | 1.8M | $199.57 | |
GOOGALPHABET INC. | 7.74% | $205.60M | 538.3K | $381.94 |
AVGOBROADCOM INC. | 6.72% | $178.50M | 427.6K | $417.43 |
AAPLAPPLE INC. | 5.21% | $138.42M | 510.1K | $271.35 |
4.98% | $132.30M | 324.4K | $407.78 | |
4.13% | $109.67M | 179.2K | $611.91 | |
AMZNAMAZON.COM, INC. | 3.77% | $100.14M | 377.8K | $265.06 |
2.81% | $74.73M | 226.6K | $329.84 | |
1.97% | $52.45M | 56.1K | $934.60 | |
NFLXNETFLIX, INC. | 1.85% | $49.28M | 526.5K | $93.61 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 121 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 96.37% |
| Other | 3.38% |
| Cash & short-term | 0.05% |
By sector
- Information Technology
- 49.6%
- Communication Services
- 13.1%
- Consumer Discretionary
- 9.4%
- Industrials
- 8.9%
- 7 other sectors
- 19.0%
- Information Technology
- 49.6%
- Communication Services
- 13.1%
- Consumer Discretionary
- 9.4%
- Industrials
- 8.9%
- Health Care
- 8.0%
- Financials
- 5.0%
- Other
- 2.7%
- Consumer Staples
- 1.3%
- International
- 1.2%
- Energy
- 0.5%
- Cash
- 0.3%
How it has done
USAUX share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.67%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.64% | +25.52% | +103.02% | +83.43% | -13.09% | |
| 0.71% | +25.39% | +102.69% | +83.31% | -13.09% |
These classes hold the same portfolio, so the 0.12pp spread over 5 years is the cost difference between them — roughly 0.02pp a year — not a difference in what they own.
Fees & fund details
Victory Aggressive Growth Fund is an actively managed U.S. equity fund. 44% of USAUX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.64% – 0.71%· USAUX 0.64%
- Portfolio turnover
- 30.00% a year · as of 2025 Q3
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
7 new
7 exited
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — USAUX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”