USA Mutuals Vice Institutional (VICVX)

Fund Assets	47.75M
Expense Ratio	1.726%
Min. Investment	$2,000
Turnover	17.00%
Dividend (ttm)	0.32
Dividend Yield	1.39%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 8, 2025

Previous Close	23.00
YTD Return	4.16%
1-Year Return	3.30%
5-Year Return	28.62%
52-Week Low	21.81
52-Week High	25.88
Beta (5Y)	1.18
Holdings	42
Inception Date	Apr 1, 2014

About VICVX

USA Mutuals Vice Fund Institutional Class is an actively managed mutual fund that targets long-term capital growth by focusing its investments on companies operating within so-called "vice" industries. The fund allocates at least 80% of its net assets to equity securities of businesses that derive significant revenue from sectors such as alcoholic beverages, defense and aerospace, gaming, and tobacco. These industries are known for their high barriers to entry and persistent demand, regardless of broader economic cycles. The fund maintains a global large-cap blend approach, investing in both U.S. and international companies, with notable holdings in established firms such as RTX Corporation, Northrop Grumman, Diageo, and Philip Morris International. Typically, more than 60% of the portfolio is concentrated in its top ten holdings, reflecting a focused strategy. The Vice Fund Institutional Class is intended for investors seeking diversification through exposure to industries often considered non-traditional or resistant to certain regulatory or economic headwinds. The fund’s portfolio management emphasizes financial soundness and growth potential among its select group of vice-industry leaders, positioning it as a specialized instrument for risk-tolerant institutional investors.

• Fund Family: USA Mutuals
• Category: World Large-Stock Blend
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VICVX
• Share Class: Institutional Class
• Index: MSCI AC World TR USD

Performance

VICVX had a total return of 3.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.50%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
VICEX	Investor Class	2.03%
VICAX	Class A	2.03%
VICCX	Class C	2.78%

Top 10 Holdings

52.94% of assets

Name	Symbol	Weight
BAE Systems plc	BA	7.71%
BRITISH AMERICAN TOBACCO PLC - BRIT AMER TO-ADR	BMTA.DE	6.41%
Philip Morris International Inc.	PM	5.85%
RTX Corporation	RTX	5.75%
Anheuser-Busch InBev SA/NV	BUD	5.65%
Heineken N.V.	HEIA	4.94%
Altria Group, Inc.	MO	4.93%
Northrop Grumman Corporation	NOC	3.99%
Diageo plc	DGED	3.86%
Carlsberg A/S	CARL.B	3.85%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 8, 2025	$2.9347	Dec 9, 2025
Dec 9, 2024	$0.5814	Dec 10, 2024
Dec 7, 2023	$2.2365	Dec 8, 2023
Dec 8, 2022	$2.0018	Dec 9, 2022
Dec 9, 2021	$3.9342	Dec 9, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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