Victory Pioneer Fundamental Growth Fund Class C (FUNCX)
| Fund Assets | 7.08B |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 1.99 |
| Dividend Yield | 6.57% |
| Dividend Growth | 87.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Nov 26, 2024 |
| Previous Close | 29.75 |
| YTD Return | 7.36% |
| 1-Year Return | 8.50% |
| 5-Year Return | 93.32% |
| 52-Week Low | 23.41 |
| 52-Week High | 30.88 |
| Beta (5Y) | n/a |
| Holdings | 40 |
| Inception Date | Dec 15, 2005 |
About FUNCX
Victory Pioneer Fundamental Growth Fund Class C is a mutual fund dedicated to achieving long-term capital growth by investing primarily in equity securities of large U.S. companies. The fund typically allocates at least 80% of its net assets to stocks of firms similar in size to those in the Russell 1000 Growth Index. Its investment strategy targets companies with robust growth prospects, often within rapidly expanding sectors such as technology, consumer cyclical, and healthcare. Notably, the fund's portfolio is diversified across approximately 40 holdings, yet nearly half of its assets are concentrated in its top 10 positions, which commonly include leading names like Amazon.com, Microsoft, and Alphabet. Managed with an annual expense ratio of 1.74%, Victory Pioneer Fundamental Growth Fund Class C is accessible to investors with a minimum initial investment of $1,000. The fund stands out for its significant market presence, managing assets worth several billion dollars, and plays a prominent role in the large growth mutual fund category, serving investors seeking exposure to established growth companies in the U.S. equity market.
Performance
FUNCX had a total return of 8.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
Top 10 Holdings
45.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.37% |
| Amazon.com, Inc. | AMZN | 7.14% |
| Apple Inc. | AAPL | 5.27% |
| Mastercard Incorporated | MA | 4.68% |
| Uber Technologies, Inc. | UBER | 4.08% |
| Amphenol Corporation | APH | 3.75% |
| Eli Lilly and Company | LLY | 3.53% |
| Oracle Corporation | ORCL | 3.44% |
| Intuit Inc. | INTU | 3.21% |
| Intercontinental Exchange, Inc. | ICE | 3.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2024 | $1.9853 | Nov 26, 2024 |
| Nov 27, 2023 | $1.0579 | Nov 27, 2023 |
| Nov 21, 2022 | $1.063 | Nov 21, 2022 |
| Nov 29, 2021 | $6.413 | Nov 29, 2021 |
| Nov 24, 2020 | $2.8255 | Nov 24, 2020 |
| Nov 26, 2019 | $1.4465 | Nov 26, 2019 |