Victory Target Managed Allocation Fund (UTMAX)
| Fund Assets | 442.21M |
| Expense Ratio | 0.69% |
| Min. Investment | $0.00 |
| Turnover | 182.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.55% |
| Dividend Growth | 26.69% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 11.00 |
| YTD Return | 3.65% |
| 1-Year Return | 4.07% |
| 5-Year Return | 43.02% |
| 52-Week Low | 9.24 |
| 52-Week High | 11.24 |
| Beta (5Y) | 0.82 |
| Holdings | 313 |
| Inception Date | Aug 7, 2015 |
About UTMAX
The Victory Target Managed Allocation Fund is an actively managed mutual fund focused on delivering total return primarily through capital appreciation. Established in 2015, this fund adopts a tactical allocation strategy, investing across a diverse mix of U.S. and international equities—including exposure to emerging markets—as well as fixed-income securities. Its portfolio is built using investments in other mutual funds, exchange-traded funds, and real estate securities, creating broad diversification across asset classes and geographies. The fund holds more than 300 positions and maintains notable exposure to sectors such as technology, finance, and retail trade. With an expense ratio positioned in the second-lowest quintile among peers, the fund offers a cost-competitive approach to global asset allocation. It is designed for investors seeking a balanced strategy that adjusts to changing market conditions, aiming for growth while actively managing risk through its flexible investment mandate.
Performance
UTMAX had a total return of 4.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.80%.
Top 10 Holdings
47.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Topix Index Fut Jun25 | n/a | 10.68% |
| Ftse 100 Idx Fut Jun25 | n/a | 7.53% |
| Apple Inc. | AAPL | 4.63% |
| Vanguard FTSE Emerging Markets ETF | VWO | 4.61% |
| Microsoft Corporation | MSFT | 3.92% |
| NVIDIA Corporation | NVDA | 3.76% |
| Swiss Mkt Ix Futr Jun25 | n/a | 3.62% |
| Euro Stoxx 50 Fut Jun25 | n/a | 3.35% |
| Futures Collateral - Cash | n/a | 3.03% |
| Amazon.com, Inc. | AMZN | 2.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.1701 | Dec 19, 2024 |
| Dec 21, 2023 | $0.13426 | Dec 22, 2023 |
| Dec 21, 2022 | $0.00678 | Dec 22, 2022 |
| Dec 14, 2022 | $0.37115 | Dec 15, 2022 |
| Dec 22, 2021 | $0.12917 | Dec 23, 2021 |
| Dec 16, 2021 | $2.91164 | Dec 17, 2021 |