Victory Precious Metals and Minerals Fund Class A (UPMMX)
| Fund Assets | 742.18M |
| Expense Ratio | 1.34% |
| Min. Investment | $2,500 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 1.94% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 28.66 |
| YTD Return | 54.42% |
| 1-Year Return | 42.30% |
| 5-Year Return | 36.85% |
| 52-Week Low | 18.47 |
| 52-Week High | 30.58 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Aug 2, 2010 |
About UPMMX
Victory Precious Metals and Minerals Fund Class A is an actively managed mutual fund focused on providing long-term capital appreciation and safeguarding the purchasing power of capital against inflation. The fund primarily invests at least 80% of its assets in equity securities of domestic and foreign companies—spanning developed and emerging markets—that are principally engaged in the exploration, mining, or processing of gold, silver, platinum, diamonds, and other precious minerals. Its portfolio typically concentrates on mining stocks, but may also include exposure to related minerals and metals. This approach allows the fund to serve as a specialized vehicle within the equity precious metals sector, offering investors concentrated access to companies involved in the commodities supply chain. The fund’s investment strategy aims to provide diversification benefits and help reduce overall portfolio volatility, especially during inflationary environments when precious metals are historically considered a store of value.
Performance
UPMMX had a total return of 42.30% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.10%.
Top 10 Holdings
66.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 13.29% |
| Barrick Mining Corporation | ABX | 7.84% |
| Wheaton Precious Metals Corp. | WPM | 7.75% |
| Gold Fields Ltd ADR | EDG.DE | 7.08% |
| Newmont Corporation | NEM | 6.56% |
| AngloGold Ashanti plc | AU | 5.89% |
| Kinross Gold Corporation | K | 4.75% |
| Alamos Gold Inc. | AGI | 4.69% |
| Royal Gold, Inc. | RGLD | 4.39% |
| Harmony Gold Mining Company Limited | HAR | 4.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 21, 2023 | $0.38655 | Dec 22, 2023 |
| Dec 21, 2022 | $0.13338 | Dec 22, 2022 |
| Dec 22, 2021 | $0.12786 | Dec 23, 2021 |
| Dec 16, 2016 | $0.51106 | Dec 19, 2016 |
| Dec 19, 2014 | $0.14643 | Dec 22, 2014 |
| Dec 17, 2013 | $0.00026 | Dec 18, 2013 |