Victory Integrity Discovery Fund

Frequently Asked Questions About MMEYX

What does MMEYX invest in?

The fund's management aims to achieve its investment targets by allocating a minimum of 80% of its total capital to the equity shares of companies with micro-capitalizations. These micro-cap firms are specifically defined as those possessing a market value, at the moment of investment, that falls below the market capitalization of the largest company found within the bottom 75% of the Russell 2000® Index, as determined by index weightings. While the portfolio will primarily concentrate on domestic securities, it retains the flexibility to invest up to 25% of its assets in international holdings, which may include various depositary receipts like ADRs and GDRs.

What is the expense ratio of MMEYX?

Victory Integrity Discovery Fund (MMEYX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MMEYX?

Victory Integrity Discovery Fund (MMEYX) manages $92.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MMEYX actively managed or an index fund?

MMEYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MMEYX's is 1.41%) because there's no security selection cost.

When was MMEYX launched?

Victory Integrity Discovery Fund (MMEYX) launched in December 1996 and is managed by the fund issuer.

How has MMEYX performed?

MMEYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.