Victory Pioneer Fundamental Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Victory Pioneer Fundamental Growth Fund held 35 positions with $6.36B in net assets. Its ten largest holdings made up 49.1% of the fund. The PFGRX share class costs 1.39% a year. Over the 12 months to May 2026, PFGRX returned 17.3%, with dividends reinvested. In 2026 Q2 it added no new positions and exited 2.
The Victory Pioneer Fundamental Growth Fund (the Fund) seeks to provide long-term capital growth.
The fund invests at least 80% of assets in equity securities of large U.S. companies similar in size to those in the Russell 1000 Growth Index, using bottom-up fundamental analysis to select issuers with above-average potential for earnings and revenue growth, with particular focus on capital deployment and return on capital. The fund may hold fewer than 40 securities and is therefore non-diversified. Up to 20% of assets may be invested in non-U.S. issuers, and the fund may also hold debt securities and use derivatives.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AAPLAPPLE INC. | 7.54% | $479.66M | 1.7M | $289.36 |
5.33% | $338.65M | 1.9M | $176.32 | |
5.25% | $333.70M | 278.2K | $1,199.43 | |
ASML Holding N.V. | 5.00% | $317.88M | — | — |
4.78% | $303.99M | 814.9K | $373.02 | |
4.75% | $302.39M | 520.5K | $580.91 | |
AMZNAMAZON.COM, INC. | 4.52% | $287.60M | 1.2M | $238.34 |
GOOGALPHABET INC. | 4.36% | $277.16M | 784.4K | $353.33 |
3.98% | $252.83M | 736.9K | $343.09 | |
SNPSSYNOPSYS, INC. | 3.63% | $230.69M | 517.1K | $446.07 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 35 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 | 94.77% |
| Other | 5.00% |
By sector
- Information Technology
- 38.7%
- Consumer Discretionary
- 14.3%
- Health Care
- 11.3%
- Industrials
- 10.2%
- 4 other sectors
- 25.5%
- Information Technology
- 38.7%
- Consumer Discretionary
- 14.3%
- Health Care
- 11.3%
- Industrials
- 10.2%
- Communication Services
- 9.9%
- Financials
- 8.0%
- International
- 6.6%
- Materials
- 1.0%
How it has done
PFGRX share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.63%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is 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 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.39% | +17.30% | — | — | — | |
| 0.65% | +18.20% | — | — | — | |
| 0.99% | +17.79% | — | — | — | |
| 0.76% | +18.11% | — | — | — | |
| 1.72% | +16.97% | — | — | — |
These classes hold the same portfolio, so the 1.23pp spread over 1 year is the cost difference between them — roughly 1.23pp a year — not a difference in what they own.
Fees & fund details
Victory Pioneer Fundamental Growth Fund is an actively managed U.S. equity fund. 29% of PFGRX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.65% – 1.72%· PFGRX 1.39%
- Portfolio turnover
- 26.00% 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.
0 new
2 exited
Understand how this fund fits with the rest.
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