Victory Sycamore Established Value A Fund ( VETAX ) a Zacks Rank #1 (Strong Buy) was incepted in May 2000 and is managed by Victory Capital Management. VETAX seeks long-term capital growth by investing primarily in the common stocks of medium sized companies that make up part of the Russell Midcap Index as well as other recognized indices. VETAX's emphasis is on companies that have demonstrated a record of consistent earnings growth. VETAX looks for companies whose stock is trading at prices below what is believed to represent its true value.
This All Cap Value product, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Small Value. Further, as of the last filing, Federated Treasury Obligations, SunTrust Banks (NYSE:STI), Inc and Xylem Inc (NYSE:XYL) were the top holdings for VETAX.
The Victory Sycamore Established Value A fund, managed by Victory, carries an expense ratio of 0.99%. Moreover, VETAX requires a minimal initial investment of $2,500.
VETAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 12.46% and 5 year 13.10%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
VETAX’s performance, as of the last filing, when compared to funds in its category was in the top 3% in 1 year, top 5% over the past 3 years, and in the 10% over the past 5 years.
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Zacks Investment Research