What were the Fund's costs for the last&#160;six months?

Fund Shares

This semi-annual shareholder report contains important information about Victory California Bond Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Fund Shares	$24	0.49%

Footnote	Description
Footnote^*	Annualized

0.49%

157

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$379,404
Number of Holdings	157
Portfolio Turnover	3%

Victory California Bond Fund

UCBIX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 23

$ 379,404,000

3.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Water	3.0%
Special Tax	3.2%
Nursing Homes	6.0%
Higher Education	6.8%
Transportation	9.0%
Airport	11.3%
School District	11.5%
Education	12.2%
General Obligation	12.3%
Medical	16.4%

Class A

This semi-annual shareholder report contains important information about Victory California Bond Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Class A	$38	0.76%

Footnote	Description
Footnote^*	Annualized

0.76%

157

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$379,404
Number of Holdings	157
Portfolio Turnover	3%

Victory Cornerstone Aggressive Fund

UCAGX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.90%

437

Victory Cornerstone Conservative Fund

USCCX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.08%

22

Victory Cornerstone Equity Fund

UCEQX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.06%

19

Victory Cornerstone Moderate Fund

USBSX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.76%

165

Victory Cornerstone Moderately Aggressive Fund

USCRX

You can find additional information about the Fund at advisor.vcm.com/ literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.76%

408

Victory Cornerstone Moderately Conservative Fund

UCMCX

You can find additional information about the Fund at advisor.vcm.com/ literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.78%

113

Victory Emerging Markets Fund

USEMX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.51%

269

Victory Emerging Markets Fund

UIEMX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.32%

269

Victory Global Equity Income Fund

UGEIX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 55

$ 83,494,000

21.00%

Top Sectors^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
Value	Value
Consumer Discretionary	3.7%
Communication Services	5.5%
Utilities	5.9%
Materials	7.7%
Consumer Staples	8.1%
Information Technology	8.7%
Energy	10.1%
Industrials	10.1%
Health Care	14.2%
Financials^{Footnote Reference**}	25.5%

Top 10 Holdings^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
Cisco Systems, Inc.	2.3%
Banco Bilbao Vizcaya Argentaria SA	2.2%
JPMorgan Chase & Co.	2.0%
Canadian Imperial Bank of Commerce	1.7%
Apple, Inc.	1.7%
AbbVie, Inc.	1.5%
Johnson & Johnson	1.5%
Yangzijiang Shipbuilding Holdings Ltd.	1.5%
Suncor Energy, Inc.	1.5%
Banco Santander SA	1.5%

Fund Shares

This semi-annual shareholder report contains important information about Victory Government Securities Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Fund Shares	$24	0.48%

Footnote	Description
Footnote^*	Annualized

0.48%

510

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$1,244,803
Number of Holdings	510
Portfolio Turnover	9%

Victory Government Securities Fund

UIGSX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 19

$ 1,244,803,000

9.00%

Asset Allocation^{Footnote Reference*}^ (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
U.S. Government Agency Mortgages	49.1%
U.S. Treasury Obligations	29.2%
Collateralized Mortgage Obligations	16.6%
Other^{Footnote Reference**}	3.7%

Class R6

This semi-annual shareholder report contains important information about Victory Government Securities Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Class R6	$13	0.25%

Footnote	Description
Footnote^*	Annualized

0.25%

510

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$1,244,803
Number of Holdings	510
Portfolio Turnover	9%

Victory Growth and Tax Strategy Fund

USBLX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 28

$ 930,701,000

6.00%

Top Sectors^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
Value	Value
Higher Education	4.2%
Health Care	4.3%
Consumer Discretionary	4.3%
Single Family Housing	4.4%
Communication Services	4.4%
Education	5.7%
Financials	5.7%
Medical	9.9%
General Obligation	13.2%
Information Technology	17.6%

Top 5 Blue Chip Stocks (% of Net Assets)

(as of August 31, 2026)

Table Summary
NVIDIA Corp.	4.2%
Apple, Inc.	3.3%
Microsoft Corp.	2.9%
Amazon.com, Inc.	1.8%
Alphabet, Inc. Class A	1.7%

Top 5 Tax-Exempt Bonds (% of Net Assets)

(as of August 31, 2026)

Table Summary
City of New York, GO, Series B-3, 1.45%, 10/1/46	2.0%
Regents of the University of California Medical Center Pooled Revenue, Series O-1, 1.05%, 5/15/45, Callable 10/1/26 @ 100	1.1%
The Development Authority of Burke County Revenue, Series GA, 1.50%, 11/1/52	0.8%
Port of Port Arthur Navigation District Revenue, Series A, 1.50%, 4/1/40	0.8%
Black Belt Energy Gas District Revenue, Series B, 5.00%, 10/1/35	0.8%

Institutional Shares

This semi-annual shareholder report contains important information about Victory Growth and Tax Strategy Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Institutional Shares	$31	0.59%

Footnote	Description
Footnote^*	Annualized

0.59%

820

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$930,701
Number of Holdings	820
Portfolio Turnover	6%

Victory Growth and Tax Strategy Fund

UGTAX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 44

$ 930,701,000

6.00%

Top Sectors^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
Value	Value
Higher Education	4.2%
Health Care	4.3%
Consumer Discretionary	4.3%
Single Family Housing	4.4%
Communication Services	4.4%
Education	5.7%
Financials	5.7%
Medical	9.9%
General Obligation	13.2%
Information Technology	17.6%

Top 5 Blue Chip Stocks (% of Net Assets)

(as of August 31, 2026)

Table Summary
NVIDIA Corp.	4.2%
Apple, Inc.	3.3%
Microsoft Corp.	2.9%
Amazon.com, Inc.	1.8%
Alphabet, Inc. Class A	1.7%

Top 5 Tax-Exempt Bonds (% of Net Assets)

(as of August 31, 2026)

Table Summary
City of New York, GO, Series B-3, 1.45%, 10/1/46	2.0%
Regents of the University of California Medical Center Pooled Revenue, Series O-1, 1.05%, 5/15/45, Callable 10/1/26 @ 100	1.1%
The Development Authority of Burke County Revenue, Series GA, 1.50%, 11/1/52	0.8%
Port of Port Arthur Navigation District Revenue, Series A, 1.50%, 4/1/40	0.8%
Black Belt Energy Gas District Revenue, Series B, 5.00%, 10/1/35	0.8%

Class C

This semi-annual shareholder report contains important information about Victory Growth and Tax Strategy Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Class C	$81	1.57%

Footnote	Description
Footnote^*	Annualized

1.57%

820

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$930,701
Number of Holdings	820
Portfolio Turnover	6%

Victory International Fund

USIFX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.06%

427

Victory International Fund

UIIFX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.04%

427

Victory International Fund

URITX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.86%

427

Victory New York Bond Fund

USNYX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 32

$ 96,484,000

0.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Development	3.4%
Housing	4.4%
Airport	5.1%
Multifamily Housing	6.9%
Nursing Homes	7.1%
Transportation	7.4%
Education	13.1%
Medical	13.9%
Higher Education	16.3%
General Obligation	16.6%

Institutional Shares

This semi-annual shareholder report contains important information about Victory New York Bond Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Institutional Shares	$30	0.61%

Footnote	Description
Footnote^*	Annualized

0.61%

99

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$96,484
Number of Holdings	99
Portfolio Turnover	0%

Victory Precious Metals and Minerals Fund

USAGX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.00%

41

Victory Precious Metals and Minerals Fund

UIPMX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

0.98%

41

Victory Precious Metals and Minerals Fund

UPMMX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

1.33%

41

Victory World Equity Fund

USAWX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us. This report describes changes to the Fund that occurred during the period.

vcm.com

1.04%

327

Victory World Equity Fund

UIWGX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us. This report describes changes to the Fund that occurred during the period.

vcm.com

1.03%

327

Victory World Equity Fund

USWGX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us. This report describes changes to the Fund that occurred during the period.

vcm.com

1.38%

327

Victory Target Managed Allocation Fund

UTMAX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 34

$ 67,449,000

27.00%

Top Sectors^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
Value	Value
Real Estate	1.9%
Materials	2.6%
Consumer Staples	3.8%
Communication Services	4.7%
Energy	5.7%
Health Care	8.0%
Consumer Discretionary	8.5%
Industrials	10.1%
Financials	17.7%
Information Technology	20.2%

Top 10 Holdings^{Footnote Reference*} (% of Net Assets)^{Footnote Reference}

(as of August 31, 2026)

Table Summary
iShares Core MSCI Emerging Markets ETF	4.3%
Apple, Inc.	3.6%
Amazon.com, Inc.	2.7%
NVIDIA Corp.	2.7%
Microsoft Corp.	2.7%
Alphabet, Inc., Class A	1.6%
VanEck Gold Miners ETF	0.9%
ExxonMobil Holdings Corp.	0.9%
Broadcom, Inc.	0.9%
Meta Platforms, Inc., Class A	0.9%

Fund Shares

This semi-annual shareholder report contains important information about Victory Tax Exempt Intermediate-Term Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Fund Shares	$25	0.49%

Footnote	Description
Footnote^*	Annualized

0.49%

1,093

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$2,712,511
Number of Holdings	1,093
Portfolio Turnover	6%

Victory Tax Exempt Intermediate-Term Fund

UITIX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 23

$ 2,712,511,000

6.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Development	3.2%
School District	3.7%
Single Family Housing	4.9%
Airport	5.4%
Transportation	6.6%
Higher Education	7.5%
Education	7.6%
Nursing Homes	7.7%
Medical	21.4%
General Obligation	21.7%

Class A

This semi-annual shareholder report contains important information about Victory Tax Exempt Intermediate-Term Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Class A	$38	0.75%

Footnote	Description
Footnote^*	Annualized

0.75%

1,093

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$2,712,511
Number of Holdings	1,093
Portfolio Turnover	6%

Victory Tax Exempt Long-Term Fund

USTEX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 26

$ 1,544,410,000

4.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Housing	1.7%
Water	2.6%
Airport	3.2%
Transportation	6.4%
School District	6.5%
Education	7.9%
Higher Education	9.6%
Nursing Homes	10.2%
Medical	19.5%
General Obligation	24.2%

Institutional Shares

This semi-annual shareholder report contains important information about Victory Tax Exempt Long-Term Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Institutional Shares	$23	0.47%

Footnote	Description
Footnote^*	Annualized

0.47%

565

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$1,544,410
Number of Holdings	565
Portfolio Turnover	4%

Victory Tax Exempt Long-Term Fund

UTELX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 36

$ 1,544,410,000

4.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Housing	1.7%
Water	2.6%
Airport	3.2%
Transportation	6.4%
School District	6.5%
Education	7.9%
Higher Education	9.6%
Nursing Homes	10.2%
Medical	19.5%
General Obligation	24.2%

Fund Shares

This semi-annual shareholder report contains important information about Victory Tax Exempt Short-Term Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Fund Shares	$28	0.56%

Footnote	Description
Footnote^*	Annualized

0.56%

355

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$610,810
Number of Holdings	355
Portfolio Turnover	15%

Victory Tax Exempt Short-Term Fund

USTIX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 26

$ 610,810,000

15.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Higher Education	2.4%
Power	3.0%
Water	3.4%
Multifamily Housing	4.4%
Education	5.1%
Pollution	5.9%
Nursing Homes	6.2%
Development	12.7%
Medical	14.0%
General Obligation	34.2%

Class A

This semi-annual shareholder report contains important information about Victory Tax Exempt Short-Term Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Class A	$39	0.77%

Footnote	Description
Footnote^*	Annualized

0.77%

355

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$610,810
Number of Holdings	355
Portfolio Turnover	15%

Victory Tax Exempt Money Market Fund

USEXX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 28

$ 399,112,000

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$399,112
Number of Holdings	44
7 Day Net Yield	1.79%

Victory Treasury Money Market Trust

UATXX

You can find additional information about the Fund at advisor.vcm.com/literature/ mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 18

$ 1,070,592,000

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$1,070,592
Number of Holdings	17
7 Day Net Yield	1.79%

Victory Virginia Bond Fund

USVAX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 28

$ 475,898,000

4.00%

Top Industries* (% of Net Assets)

(as of August 31, 2026)

Table Summary
Value	Value
Education	1.7%
Facilities	3.1%
Development	3.8%
Airport	5.6%
Multifamily Housing	6.3%
Higher Education	8.1%
Transportation	12.4%
Nursing Homes	14.8%
General Obligation	16.1%
Medical	19.9%

Institutional Shares

This semi-annual shareholder report contains important information about Victory Virginia Bond Fund (the "Fund") for the period of March 1, 2026 to August 31, 2026.

800-235-8396

What were the Fund's costs for the last six months?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name	Costs of a $10,000 Investment	Costs paid as a percentage of a $10,000 Investment^{Footnote Reference*}
Institutional Shares	$26	0.52%

Footnote	Description
Footnote^*	Annualized

0.52%

169

FUND STATISTICS

($ amounts in 000s)

(as of August 31, 2026)

Table Summary
Net Assets	$475,898
Number of Holdings	169
Portfolio Turnover	4%

Victory Virginia Bond Fund

UVABX

You can find additional information about the Fund at advisor.vcm.com/literature/mutual-fund-prospectuses. You may also request more information by calling 800-235-8396 or visiting vcm.com/contact-us.

vcm.com

$ 40

$ 475,898,000

4.00%