Latest news with #VictoryCapital
Business Wire
10-07-2025
- Business
- Business Wire
Victory Capital Reports June 2025 Total Client Assets
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ('Victory Capital' or the 'Company') today reported Total Assets Under Management (AUM) of $298.6 billion, Other Assets of $3.1 billion, and Total Client Assets of $301.6 billion, as of June 30, 2025. For the month of June, Average Total AUM was $293.7 billion, average Other Assets was $3.4 billion, and average Total Client Assets was $297.0 billion. For the second quarter, the Company reported long-term AUM net flows of -$660 million. Second-Quarter Conference Call and Webcast Details Victory Capital will report second-quarter 2025 financial results after the market closes on Thursday, August 7, 2025. The Company will host a conference call the following morning, Friday, August 8, at 8:00 a.m. ET to discuss the results. Victory Capital's earnings release and supplemental materials will be available on the investor relations section of the Company's website at before the conference call begins. To participate in the conference call, please call 1-800-715-9871 (domestic) or 1-646-307-1963 (international), shortly before 8:00 a.m. ET and reference the Victory Capital Conference Call. A live, listen-only webcast will also be available via the investor relations section of the Company's website at For anyone who is unable to join the live event, an archive of the webcast will be available for replay, at the same location, shortly after the call concludes. 1 Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. 2 Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets. 3 Includes institutional and retail share classes, money market and VIP funds. 4 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 5 Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products. 6 Includes low-fee (2 to 4 bps) institutional assets, previously reported in the Solutions asset class within the by asset class table and in Separate Accounts and Other Pooled Vehicles within the by vehicle table. These assets are included as part of Victory's Regulatory Assets Under Management reported in Form ADV Part 1. Expand About Victory Capital Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm with $302 billion in total client assets, as of June 30, 2025. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance. Victory Capital is headquartered in San Antonio, Texas. To learn more, visit or follow us on Facebook, Twitter (X), and LinkedIn.
Business Wire
26-06-2025
- Business
- Business Wire
Victory Capital Expands VictoryShares ® Offerings with Three New ETFs
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ('Victory Capital' or the 'Company') today announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched three new exchange-traded funds (ETFs), VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN). Victory Capital Management Inc., has launched 3 new exchange-traded funds (ETFs), VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN) The launch of ABI marks a significant milestone as the first strategy from Pioneer Investments, Victory Capital's newest Investment Franchise, to be offered in an ETF wrapper. The strategy is designed to capture premium yields available within select subsets of the securitized credit markets. 'ABI, actively managed by Pioneer Investments, provides access to asset-based income that takes advantage of the same secular trends driving private credit markets with the benefits of an ETF,' said Mannik Dhillon, CFA ®, CAIA ®, President, Investment Franchises and Solutions for Victory Capital. 'ABI offers investors private-credit-like characteristics in a listed ETF with inherent liquidity features.' ABI aims to deliver a differentiated income stream by investing in specialized fixed income sectors, including those that bridge the public and private credit markets. The strategy targets non-benchmark securities collateralized by physical assets, as well as securities with cash flows connected to diverse non-bank lending channels. By targeting credit exposures in these areas, ABI seeks to provide an attractive total return primarily through high current income with low correlations to traditional fixed income. 'Industry professionals have increasingly recognized the potential for private credit to offer attractive income with low correlations, and many believe asset-based finance is the next frontier,' said Marco Pirondini, Chief Investment Officer at Pioneer Investments. 'We are excited to bring our team's conviction-driven, active management approach to our clients in an ETF.' IFLO and GRIN provide investors an opportunity to build globally diversified free cash flow (FCF) driven portfolios when combined with other FCF ETFs from VictoryShares. The ETFs become the fourth and fifth strategies in the Company's next generation FCF suite and utilize the same disciplined rules-based index methodology as Victory Capital's existing FCF ETFs, while offering investors exposure to developed international markets. The VictoryShares ETF platform now stands at 26 ETFs with the addition of these new funds and highlights Victory Capital's commitment to introducing innovative ETFs designed to meet client needs. The Company's ETF platform has grown to more than $14 billion in AUM as of May 31, 2025. About Victory Capital Victory Capital is a diversified global asset management firm with $293.1 billion in total client assets as of May 31, 2025. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit or follow Victory Capital on Facebook, Twitter, and LinkedIn. Carefully consider a fund's investment objectives, risks, charges and expenses before investing. To obtain a prospectus or summary prospectus containing this and other important information, visit Read it carefully before investing. All investing involves risk, including the potential loss of principal. ETFs have the same risks as the underlying securities traded on the exchange throughout the day. ETFs may trade at a premium or discount to their net asset value. Redemptions are limited and commissions are often charged on each trade. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. The Funds are new and, therefore, have limited operations histories for investors to evaluate. Large shareholders, including other funds advised by the Adviser, may own a substantial amount of each Fund's shares. The actions of large shareholders, including large inflows or outflows, may adversely affect other shareholders, including potentially increasing capital gains. The value of your investment is also subject to geopolitical risks such as wars, terrorism, trade disputes, environmental disasters, and public health crises; the risk of technology malfunctions or disruptions; and the responses to such events by governments and/or individual companies. IFLO and GRIN are Index Funds, which invest in securities included in, or representative of securities included in, the Index, regardless of their investment merits. The performance of the funds may diverge from that of the Index. Investing in companies with high free cash flows could lead to underperformance when such investments are unpopular or during periods of industry disruptions. The funds could also be affected by company-specific factors that could jeopardize the generation of free cash flow. The debt instruments in which ABI invests are subject to interest rate, inflation, credit and default risk. When interest rates rise, the prices of fixed-income securities will generally fall and vice versa. Credit risk refers to the possibility that debt issuers may not be able to make principal and interest payments or may have their debt downgraded by ratings agencies. High yield securities (also known as 'junk bonds') may be more volatile, subject to greater levels of credit or default risk, less liquid and more difficult to sell at an advantageous time or price than higher-rated securities of similar maturity. Privately issued loans involve greater risk than those of traditional lenders due to higher levels of credit risk and, because they are not traded on established markets, difficult to value and potentially less liquid. Inflation-protected bonds typically have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses. Mortgage-backed securities ("MBS") and asset-backed securities ("ABS") are subject to credit, prepayment (where the issuer may repay a bond earlier than expected) and extension risk (where the issuer may repay a bond more slowly than expected) and may react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain MBS and ABS. There may be limited public information available regarding the floating rate loans in which the fund invests; they may be difficult to value and may be illiquid, meaning that the Adviser may not be able to sell them at an advantageous time or price, which may adversely affect the Fund. In unusual or adverse markets, floating rate loans may have higher than normal default rates. In periods of recession, the Fund's investments in floating rate loans are more likely to decline. The values of floating rate securities generally are less sensitive to changes in interest rates but may decline in value if their rates are not adjusted as much, or as quickly, as prevailing interest rates. The Fund may invest in insurance-linked securities (ILS). Should a trigger event occur that leads to physical or economic loss, the Fund could lose all or part of its principal investment, and the right to interest or dividend payments. ILS are also subject to credit, default and liquidity risk. Derivatives may not work as intended and may result in losses. VictoryShares ETFs are distributed by Victory Capital Services, Inc. (VCS), an affiliate of Victory Capital Management Inc., the Funds' adviser.
Yahoo
26-06-2025
- Business
- Yahoo
Victory Capital Expands VictoryShares® Offerings with Three New ETFs
SAN ANTONIO, June 26, 2025--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ("Victory Capital" or the "Company") today announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched three new exchange-traded funds (ETFs), VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN). The launch of ABI marks a significant milestone as the first strategy from Pioneer Investments, Victory Capital's newest Investment Franchise, to be offered in an ETF wrapper. The strategy is designed to capture premium yields available within select subsets of the securitized credit markets. "ABI, actively managed by Pioneer Investments, provides access to asset-based income that takes advantage of the same secular trends driving private credit markets with the benefits of an ETF," said Mannik Dhillon, CFA®, CAIA®, President, Investment Franchises and Solutions for Victory Capital. "ABI offers investors private-credit-like characteristics in a listed ETF with inherent liquidity features." ABI aims to deliver a differentiated income stream by investing in specialized fixed income sectors, including those that bridge the public and private credit markets. The strategy targets non-benchmark securities collateralized by physical assets, as well as securities with cash flows connected to diverse non-bank lending channels. By targeting credit exposures in these areas, ABI seeks to provide an attractive total return primarily through high current income with low correlations to traditional fixed income. "Industry professionals have increasingly recognized the potential for private credit to offer attractive income with low correlations, and many believe asset-based finance is the next frontier," said Marco Pirondini, Chief Investment Officer at Pioneer Investments. "We are excited to bring our team's conviction-driven, active management approach to our clients in an ETF." IFLO and GRIN provide investors an opportunity to build globally diversified free cash flow (FCF) driven portfolios when combined with other FCF ETFs from VictoryShares. The ETFs become the fourth and fifth strategies in the Company's next generation FCF suite and utilize the same disciplined rules-based index methodology as Victory Capital's existing FCF ETFs, while offering investors exposure to developed international markets. The VictoryShares ETF platform now stands at 26 ETFs with the addition of these new funds and highlights Victory Capital's commitment to introducing innovative ETFs designed to meet client needs. The Company's ETF platform has grown to more than $14 billion in AUM as of May 31, 2025. About Victory Capital Victory Capital is a diversified global asset management firm with $293.1 billion in total client assets as of May 31, 2025. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit or follow Victory Capital on Facebook, Twitter, and LinkedIn. Carefully consider a fund's investment objectives, risks, charges and expenses before investing. To obtain a prospectus or summary prospectus containing this and other important information, visit Read it carefully before investing. All investing involves risk, including the potential loss of principal. ETFs have the same risks as the underlying securities traded on the exchange throughout the day. ETFs may trade at a premium or discount to their net asset value. Redemptions are limited and commissions are often charged on each trade. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. The Funds are new and, therefore, have limited operations histories for investors to evaluate. Large shareholders, including other funds advised by the Adviser, may own a substantial amount of each Fund's shares. The actions of large shareholders, including large inflows or outflows, may adversely affect other shareholders, including potentially increasing capital gains. The value of your investment is also subject to geopolitical risks such as wars, terrorism, trade disputes, environmental disasters, and public health crises; the risk of technology malfunctions or disruptions; and the responses to such events by governments and/or individual companies. IFLO and GRIN are Index Funds, which invest in securities included in, or representative of securities included in, the Index, regardless of their investment merits. The performance of the funds may diverge from that of the Index. Investing in companies with high free cash flows could lead to underperformance when such investments are unpopular or during periods of industry disruptions. The funds could also be affected by company-specific factors that could jeopardize the generation of free cash flow. The debt instruments in which ABI invests are subject to interest rate, inflation, credit and default risk. When interest rates rise, the prices of fixed-income securities will generally fall and vice versa. Credit risk refers to the possibility that debt issuers may not be able to make principal and interest payments or may have their debt downgraded by ratings agencies. High yield securities (also known as "junk bonds") may be more volatile, subject to greater levels of credit or default risk, less liquid and more difficult to sell at an advantageous time or price than higher-rated securities of similar maturity. Privately issued loans involve greater risk than those of traditional lenders due to higher levels of credit risk and, because they are not traded on established markets, difficult to value and potentially less liquid. Inflation-protected bonds typically have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses. Mortgage-backed securities ("MBS") and asset-backed securities ("ABS") are subject to credit, prepayment (where the issuer may repay a bond earlier than expected) and extension risk (where the issuer may repay a bond more slowly than expected) and may react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain MBS and ABS. There may be limited public information available regarding the floating rate loans in which the fund invests; they may be difficult to value and may be illiquid, meaning that the Adviser may not be able to sell them at an advantageous time or price, which may adversely affect the Fund. In unusual or adverse markets, floating rate loans may have higher than normal default rates. In periods of recession, the Fund's investments in floating rate loans are more likely to decline. The values of floating rate securities generally are less sensitive to changes in interest rates but may decline in value if their rates are not adjusted as much, or as quickly, as prevailing interest rates. The Fund may invest in insurance-linked securities (ILS). Should a trigger event occur that leads to physical or economic loss, the Fund could lose all or part of its principal investment, and the right to interest or dividend payments. ILS are also subject to credit, default and liquidity risk. Derivatives may not work as intended and may result in losses. VictoryShares ETFs are distributed by Victory Capital Services, Inc. (VCS), an affiliate of Victory Capital Management Inc., the Funds' adviser. View source version on Contacts Investors:Matthew Dennis, CFAChief of StaffDirector, Investor Relations216-898-2412mdennis@ Media:Jessica DavilaDirector, Global Communications210-694-9693jessica_davila@ Sign in to access your portfolio
Business Wire
10-06-2025
- Business
- Business Wire
Victory Capital Reports May 2025 Total Client Assets and Provides Additional Information Following Close of Amundi Transaction
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ('Victory Capital' or the 'Company') today reported Total Assets Under Management (AUM) of $289.4 billion, Other Assets of $3.7 billion, and Total Client Assets of $293.1 billion, as of May 31, 2025. For the month of May, Average Total AUM was $285.5 billion, average Other Assets was $3.6 billion, and average Total Client Assets was $289.2 billion. Second-Quarter Guidance Update As previously disclosed, the Company issued 5.4 million shares of its preferred stock to Amundi S.A., on May 23, 2025, increasing the total number of fully diluted shares to approximately 88.3 million shares. Based on the timing of share issuances, the estimated fully diluted shares outstanding in the second quarter period is expected to be approximately 85 million shares. Moreover, following the successful integration of the Pioneer Investment business on April 1st, the Company's consolidated fee rate realization beginning in the second quarter and going forward is projected to be in the range of 46 to 47 basis points. In addition to differences in average fee rates for the two legacy organizations, to align with Victory Capital's accounting policy, certain Pioneer Fund Administration reimbursements and Broker Dealer commissions will be shown on a net basis whereas, prior to the transaction closing, Pioneer Investments recorded these on a gross basis. The different accounting treatment is the primary driver for the change in projected fee rate realization and there is no expected impact to EBITDA or EBITDA margin resulting from this accounting treatment. The total amount of net expense synergies and the timing to realize them are unchanged. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: May 31, 2025 Solutions $ 76,395 $ 72,635 Fixed Income 78,952 78,569 U.S. Mid Cap Equity 31,074 30,049 U.S. Small Cap Equity 12,849 12,421 U.S. Large Cap Equity 58,921 55,363 Global / Non-U.S. Equity 24,549 23,607 Alternative Investments 2,965 2,933 Total Long-Term Assets $ 285,705 $ 275,579 Money Market / Short Term Assets 3,681 3,703 Total Assets Under Management 2 $ 289,386 $ 279,282 By Vehicle Mutual Funds 3 $ 163,421 $ 157,758 Separate Accounts and Other Pooled Vehicles 4 114,732 111,064 ETFs 5 11,233 10,460 Total Assets Under Management 2 $ 289,386 $ 279,282 Other Assets 6 Institutional $ 3,711 $ 3,555 Total Other Assets $ 3,711 $ 3,555 Total Client Assets Total Assets Under Management $ 289,386 $ 279,282 Total Other Assets 3,711 3,555 Total Client Assets $ 293,097 $ 282,836 By Region U.S. $ 246,520 $ 237,794 Non-U.S. 46,578 45,043 Total Client Assets $ 293,097 $ 282,836 Expand 1 Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. 2 Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets. 3 Includes institutional and retail share classes, money market and VIP funds. 4 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 5 Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products. 6 Includes low-fee (2 to 4 bps) institutional assets, previously reported in the Solutions asset class within the by asset class table and in Separate Accounts and Other Pooled Vehicles within the by vehicle table. These assets are included as part of Victory's Regulatory Assets Under Management reported in Form ADV Part 1. Expand About Victory Capital Victory Capital is a diversified global asset management firm with total assets under management of $289.4 billion, and $293.1 billion in total client assets, as of May 31, 2025. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit or follow Victory Capital on Facebook, Twitter, and LinkedIn.
Globe and Mail
10-06-2025
- Business
- Globe and Mail
Elle Caruso Fitzgerald from the Free Cash Flow Channel Announces Publication of "Returns & the Next Generation of Factor ETFs"
New York, New York--(Newsfile Corp. - June 10, 2025) - Elle Caruso Fitzgerald is pleased to announce the publication of "Returns & the Next Generation of Factor ETFs." This article explores how a new generation of factor ETFs are leveraging sophisticated rules-based methodologies to potentially outperform traditional benchmarks, offering investors enhanced performance and tax efficiency compared to mutual funds. Returns & the Next Generation of Factor ETFs Broad indexes originally were not designed to be investable products. They were designed to measure performance - not maximize it. What we are seeing is that there are opportunities to improve upon these indexes," Michael Mack, client portfolio manager for Victory Capital, said at Exchange. Mack emphasized, "That's the opportunity we are seeing with indexes, the ability to evolve them. Take an idea that an active manager would actually implement. Put it in a rules-based index, and take advantage of the ETF structure and the tax efficiency that comes with that. Read the full article here: The article features insights from Victory Capital, highlighting their perspective on how evolving index methodologies can enhance investment outcomes by incorporating active management principles into rules-based index strategies. About VettaFi VettaFi is a leading provider of data-driven insights and specialized services for asset managers and investors, bringing together a wealth of expertise to support client success. At the core of VettaFi is a commitment to fostering strong relationships and delivering innovative solutions that help clients engage, grow, and thrive in an increasingly complex financial landscape.
