X0102 24F-2NT LIVE 0001547580 XXXXXXXX false false N-1A Victory Portfolios II 15935 La Cantera Parkway Building Two San Antonio TX X1 78256 Victory Market Neutral Income Fund S000037769 Class A C000116490 Class C C000116492 Class I C000116493 Member Class C000219860 VictoryShares US 500 Volatility Wtd ETF S000044749 VictoryShares US 500 Volatility Wtd ETF C000139051 VictoryShares US 500 Enhanced Volatility Wtd ETF S000044751 VictoryShares US 500 Enhanced Volatility Wtd ETF C000139053 VictoryShares US EQ Income Enhanced Volatility Wtd ETF S000044753 VictoryShares US EQ Income Enhanced Volatility Wtd ETF C000139055 VictoryShares International Volatility Wtd ETF S000049905 VictoryShares International Volatility Wtd ETF C000157586 VictoryShares US Large Cap High Div Volatility Wtd ETF S000049907 VictoryShares US Large Cap High Div Volatility Wtd ETF C000157588 VictoryShares US Small Cap High Div Volatility Wtd ETF S000049908 VictoryShares US Small Cap High Div Volatility Wtd ETF C000157589 VictoryShares US Multi-Factor Minimum Volatility ETF S000056883 VictoryShares US Multi-Factor Minimum Volatility ETF C000180594 VictoryShares Dividend Accelerator ETF S000056886 VictoryShares Dividend Accelerator ETF C000180597 VictoryShares US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF S000065156 VictoryShares US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF C000210925 VictoryShares International Value Momentum ETF formerly VictoryShares USAA MSCI International Value Momentum ETF S000065157 VictoryShares International Value Momentum ETF formerly VictoryShares USAA MSCI International Value Momentum ETF C000210926 VictoryShares Emerging Markets Value Momentum ETF formerly VictoryShares USAA MSCI Emerging Markets Value Momentum ETF S000065158 VictoryShares Emerging Markets Value Momentum ETF formerly VictoryShares USAA MSCI Emerging Markets Value Momentum ETF C000210927 VictoryShares Short-Term Bond ETF formerly VictoryShares USAA Core Short-Term Bond ETF S000065159 VictoryShares Short-Term Bond ETF C000210928 VictoryShares Core Intermediate Bond ETF formerly VictoryShares USAA Core Intermediate-Term Bond ETF S000065160 VictoryShares Core Intermediate Bond ETF C000210929 VictoryShares US Small Mid Cap Value Momentum ETF formerly VictoryShares USAA MSCI USA Small Cap Value Momentum ETF S000065161 VictoryShares US Small Mid Cap Value Momentum ETF formerly VictoryShares USAA MSCI USA Small Cap Value Momentum ETF C000210930 VictoryShares Corporate Bond ETF, formerly VictoryShares ESG Corporate Bond ETF S000073697 VictoryShares Corporate Bond ETF C000230773 VictoryShares Core Plus Bond ETF, formerly VictoryShares Core Plus Intermediate Bond ETF, formerly VictoryShares ESG Core Plus Bond ETF S000073698 VictoryShares Core Plus Bond ETF C000230774 VictoryShares WestEnd U.S. Sector ETF S000077771 VictoryShares WestEnd U.S. Sector ETF C000238316 VictoryShares Free Cash Flow ETF S000080688 VictoryShares Free Cash Flow ETF C000243210 VictoryShares Small Cap Free Cash Flow ETF S000080690 VictoryShares Small Cap Free Cash Flow ETF C000243212 VictoryShares WestEnd Global Equity ETF S000085471 VictoryShares WestEnd Global Equity ETF C000250754 VictoryShares WestEnd Economic Cycle Bond ETF S000085472 VictoryShares WestEnd Economic Cycle Bond ETF C000250755 VictoryShares Hedged Equity Income ETF S000085473 VictoryShares Hedged Equity Income ETF C000250756 VictoryShares Free Cash Flow Growth ETF S000089011 VictoryShares Free Cash Flow Growth ETF C000255423 VictoryShares International Free Cash Flow ETF S000093318 VictoryShares International Free Cash Flow ETF C000261505 VictoryShares International Free Cash Flow Growth ETF S000093319 VictoryShares International Free Cash Flow Growth ETF C000261506 VictoryShares Pioneer Asset-Based Income ETF S000093320 VictoryShares Pioneer Asset-Based Income ETF C000261507 811-22696 333-181176 06/30/2026 15011863017.00 9240950799.00 0.00 9240950799.00 5770912218.00 0.00 0.000138100 796962.98 0.00 796962.98 /s/ Carol D. Trevino Carol D. Trevino, Treasurer and Principal Financial Officer 09/23/2026