Victory Precious Metals and Minerals Fund Institutional Shares (UIPMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
29.98
+0.23 (0.77%)
Jul 11, 2025, 4:00 PM EDT
43.65%
Fund Assets742.18M
Expense Ratio1.00%
Min. Investment$1,000,000
Turnover1.00%
Dividend (ttm)0.45
Dividend Yield2.29%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close29.75
YTD Return55.58%
1-Year Return43.65%
5-Year Return39.98%
52-Week Low19.17
52-Week High31.79
Beta (5Y)n/a
Holdings33
Inception DateAug 1, 2008

About UIPMX

Victory Precious Metals and Minerals Fund Institutional Class is an open-end mutual fund specializing in equity investments within the precious metals and minerals sector. Its primary objective is to achieve long-term capital appreciation and offer investors a measure of inflation protection by focusing on companies engaged in the exploration, mining, or processing of gold, platinum, silver, diamonds, and other precious minerals. The fund invests at least 80% of its assets in both domestic and international firms, including those in emerging markets, providing strong exposure to the global mining industry. Managed by Victory Capital Solutions, the fund maintains a concentrated portfolio, holding around 30–33 stocks, with a notable portion allocated to its top 10 holdings. Designed as a sector and alternative strategies fund, it seeks to reduce portfolio volatility and may act as a hedge during inflationary periods. The fund appeals primarily to institutional investors due to its high minimum investment threshold and serves as a specialized tool for diversifying portfolios with a focus on real asset producers in the metals and mining sector.

Fund Family Victory Capital
Category Equity Precious Metals
Stock Exchange NASDAQ
Ticker Symbol UIPMX
Share Class Victory Precious Metals And Minerals Fund Institutional Shares
Index MSCI AC World NR USD

Performance

UIPMX had a total return of 43.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.12%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
USAGXVictory Precious Metals And Minerals Fund Shares1.18%
UPMMXVictory Precious Metals And Minerals Fund Class A1.34%

Top 10 Holdings

66.39% of assets
NameSymbolWeight
Agnico Eagle Mines LimitedAEM13.29%
Barrick Mining CorporationABX7.84%
Wheaton Precious Metals Corp.WPM7.75%
Gold Fields Ltd ADREDG.DE7.08%
Newmont CorporationNEM6.56%
AngloGold Ashanti plcAU5.89%
Kinross Gold CorporationK4.75%
Alamos Gold Inc.AGI4.69%
Royal Gold, Inc.RGLD4.39%
Harmony Gold Mining Company LimitedHAR4.14%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 21, 2023$0.44673Dec 22, 2023
Dec 21, 2022$0.18789Dec 22, 2022
Dec 22, 2021$0.18566Dec 23, 2021
Dec 22, 2020$0.03535Dec 23, 2020
Dec 16, 2016$0.50711Dec 19, 2016
Dec 19, 2014$0.19727Dec 22, 2014
Full Dividend History