1
| |
1
| |
7
| |
13
| |
20
| |
26
| |
32
| |
39
| |
46
| |
52
| |
58
| |
65
| |
72
| |
79
| |
87
| |
94
| |
97
| |
98
| |
108
| |
109
| |
111
| |
113
| |
114
| |
117
| |
119
| |
134 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
S&P
500®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Large Cap 500 Volatility Weighted Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell
2000®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Small Cap 500 Volatility Weighted Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI
EAFE Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
Nasdaq
Victory International 500 Volatility Weighted Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell
1000 Value Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Large Cap High Dividend 100 Volatility Weighted
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell
2000®
Value Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Small Cap High Dividend 100 Volatility Weighted
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI
EAFE Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
Nasdaq
Victory International High Dividend 100 Volatility Weighted
Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Interest
Fees |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
MSCI
Emerging Markets Index
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes |
- |
|
Nasdaq
Victory Emerging Market High Dividend 100 Volatility Weighted
Index
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
S&P
500®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
Nasdaq
Victory Dividend Accelerator Index
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2017 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
S&P
500®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
Nasdaq
Victory US Multi-Factor Minimum Volatility Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2017 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1
|
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement2
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement2
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
S&P
500®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Large Cap 500 Long/Cash Vol.Wtd Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell
1000 Value Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Large Cap High Div. 100 Long/Cash Vol. Wtd Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1
|
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement2
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement2
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
Russell
2000®
Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Nasdaq
Victory US Small Cap 500 Long/Cash Volatility Weighted Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1
|
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement2
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement2
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
5
Years |
Life
of
Fund |
FUND | |||
Before
Taxes |
|
|
|
After
Taxes on Distributions |
|
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Indices | |||
MSCI
EAFE Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
Nasdaq
Victory International 500 Long/Cash Volatility Weighted Index
reflects
no deduction for fees, expenses, or taxes, except foreign
withholding
taxes |
|
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
2018 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Index | ||
Nasdaq
Q-50 Index
reflects
no deduction for fees, expenses, or taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA, CAIA®
|
President,
VictoryShares and
Solutions |
Since
September 2020 |
|
US
500 Fund |
US
Small Cap Fund |
International
Fund |
US
Large Cap High Div Fund |
US
Small Cap High Div Fund |
International
High Div Fund |
Emerging
Market High Div Fund |
Dividend
Accelerator Fund |
US
Multi-Factor Vol Fund |
US
500 Enhanced Fund |
US
EQ Income Enhanced Fund |
Discovery
Enhanced Fund |
Developed
Enhanced Fund |
Next
50 Fund |
Calculation
Methodology
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Concentration
and
Sector
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Debt
Security
Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Dividend
Income
Risk |
|
|
|
X |
X |
X |
X |
X |
|
|
X |
|
|
|
Emerging
Markets
Risk |
|
|
|
|
|
|
X |
|
|
|
|
|
|
|
Equity
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
ETF
Structure
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Foreign
Investment
Risk |
|
|
X |
|
|
X |
X |
|
|
|
|
|
X |
X |
Index/
Defensive
Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Investment
Company
Risk |
|
|
|
|
|
|
X |
|
|
X |
X |
X |
X |
|
Investment
Strategy
Risk |
|
|
|
X |
X |
X |
X |
X |
|
X
|
|
|
|
|
Large
Cap
Risk |
X |
|
|
X |
|
|
|
X |
X |
X |
X |
|
|
X |
Large
Shareholder
Risk |
|
|
X |
|
|
|
|
X |
X |
|
|
|
|
X |
Limited
History
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Limited
Portfolio
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Liquidity
Risk |
|
X |
|
|
X |
|
X |
|
|
|
|
X |
|
|
Mid-Cap
Company
Risk |
|
|
|
|
|
|
|
X |
X
|
|
|
|
|
X |
Passive
Investment
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Portfolio
Turnover
Risk |
|
|
|
|
|
|
|
|
|
X |
X |
X |
X |
|
Rebalancing
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Sampling
Risk |
|
|
X |
|
|
X |
X |
|
|
|
|
|
X |
|
Seed
Investor
or
Large
Shareholder
Risk |
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
Smaller
Company
Risk |
|
X |
|
|
X |
|
X |
|
X |
|
|
X |
|
|
Stock
Market
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Tracking
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Valuation
Risk |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Fund
|
Advisory
Fee
|
US
500 Fund
|
0.30%
|
US
Small Cap Fund |
0.30%
|
International
Fund
|
0.40%
|
US
Large Cap High Div Fund |
0.30% |
US
Small Cap High Div Fund |
0.30% |
International
High Div Fund |
0.40% |
Emerging
Market High Div Fund |
0.45% |
Dividend
Accelerator Fund |
0.30% |
US
Multi-Factor Fund |
0.30% |
US
500 Enhanced Fund |
0.30% |
US
EQ Income Enhanced Fund |
0.30% |
Discovery
Enhanced Fund |
0.30% |
Developed
Enhanced Fund |
0.40% |
Next
50 ETF |
0.15% |
NAV= |
Total
Assets - Liabilities |
Number of
Shares Outstanding |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$71.26 |
$50.57 |
$52.46 |
$49.34 |
$44.05 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.94 |
0.69 |
0.77 |
0.73 |
0.63 |
Net
Realized and Unrealized Gains
(Losses) |
(6.99) |
20.68 |
(1.88) |
3.09 |
5.26 |
Total
from Investment Activities |
(6.05) |
21.37 |
(1.11) |
3.82 |
5.89 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.94) |
(0.68) |
(0.78) |
(0.70) |
(0.60) |
Total
Distributions |
(0.94) |
(0.68) |
(0.78) |
(0.70) |
(0.60) |
Net
Asset Value, End of Period |
$64.27 |
$71.26 |
$50.57 |
$52.46 |
$49.34 |
Total
Return |
(8.63)% |
42.51% |
(2.12)% |
7.86% |
13.42% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.30% |
1.13% |
1.49% |
1.48% |
1.32% |
Gross
Expenses(b) |
0.38% |
0.39% |
0.40% |
0.40% |
0.41% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$533,403 |
$705,437 |
$670,005 |
$731,775 |
$567,370 |
Portfolio
Turnover(c) |
21% |
34% |
28% |
46% |
36% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$64.96 |
$40.22 |
$45.87 |
$48.54 |
$42.40 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.86 |
0.70 |
0.59 |
0.63 |
0.50 |
Net
Realized and Unrealized Gains
(Losses) |
(8.44) |
24.76 |
(5.62) |
(2.62) |
6.14 |
Total
from Investment Activities |
(7.58) |
25.46 |
(5.03) |
(1.99) |
6.64 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.84) |
(0.72) |
(0.62) |
(0.68) |
(0.50) |
Total
Distributions |
(0.84) |
(0.72) |
(0.62) |
(0.68) |
(0.50) |
Net
Asset Value, End of Period |
$56.54 |
$64.96 |
$40.22 |
$45.87 |
$48.54 |
Total
Return |
(11.82)% |
63.72% |
(11.00)% |
(4.07)% |
15.75% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.33% |
1.30% |
1.35% |
1.36% |
1.10% |
Gross
Expenses(b) |
0.58% |
0.55% |
0.55% |
0.46% |
0.47% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$22,617 |
$25,986 |
$16,089 |
$29,814 |
$41,261 |
Portfolio
Turnover(c) |
55% |
71% |
50% |
62% |
47% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$44.89 |
$34.63 |
$38.12 |
$39.09 |
$37.20 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
1.20 |
0.95 |
0.77 |
1.17 |
1.04 |
Net
Realized and Unrealized Gains (Losses) |
(8.23) |
10.25 |
(3.51) |
(1.07) |
1.81 |
Total
from Investment Activities |
(7.03) |
11.20 |
(2.74) |
0.10 |
2.85 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.50) |
(0.94) |
(0.75) |
(1.07) |
(0.96) |
Total
Distributions |
(1.50) |
(0.94) |
(0.75) |
(1.07) |
(0.96) |
Net
Asset Value, End of Period |
$36.36 |
$44.89 |
$34.63 |
$38.12 |
$39.09 |
Total
Return |
(16.10)% |
32.59% |
(7.23)% |
0.33% |
7.62% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net
Investment Income (Loss) |
2.79% |
2.34% |
2.12% |
3.14% |
2.61% |
Gross
Expenses(b) |
0.58% |
0.63% |
0.64% |
0.73% |
0.98% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$92,713 |
$116,710 |
$83,120 |
$36,215 |
$21,497 |
Portfolio
Turnover(c) |
32% |
45% |
41% |
53% |
37% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$56.68 |
$39.52 |
$47.03 |
$45.06 |
$42.17 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
1.84 |
1.45 |
1.58 |
1.51 |
1.34 |
Net
Realized and Unrealized Gains
(Losses) |
1.30 |
17.10 |
(7.44) |
1.83 |
2.92 |
Total
from Investment Activities |
3.14 |
18.55 |
(5.86) |
3.34 |
4.26 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.80) |
(1.39) |
(1.65) |
(1.37) |
(1.37) |
Net
Realized Gains from Investments |
— |
— |
— |
— |
— |
Total
Distributions |
(1.80) |
(1.39) |
(1.65) |
(1.37) |
(1.37) |
Net
Asset Value, End of Period |
$58.02 |
$56.68 |
$39.52 |
$47.03 |
$45.06 |
Total
Return |
5.50% |
47.74% |
(12.78)% |
7.59% |
10.23% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
3.06% |
3.04% |
3.47% |
3.33% |
3.04% |
Gross
Expenses(b) |
0.40% |
0.41% |
0.41% |
0.42% |
0.42% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$284,307 |
$221,056 |
$193,635 |
$331,527 |
$144,187 |
Portfolio
Turnover(c) |
43% |
67% |
56% |
66% |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$59.95 |
$36.75 |
$44.28 |
$45.96 |
$40.41 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
1.83 |
1.85 |
1.53 |
1.38 |
1.39 |
Net
Realized and Unrealized Gains
(Losses) |
(7.52) |
23.26 |
(7.47) |
(1.74) |
5.61 |
Total
from Investment Activities |
(5.69) |
25.11 |
(5.94) |
(0.36) |
7.00 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.83) |
(1.91) |
(1.59) |
(1.32) |
(1.45) |
Net
Realized Gains from Investments |
— |
— |
— |
— |
— |
Total
Distributions |
(1.83) |
(1.91) |
(1.59) |
(1.32) |
(1.45) |
Net
Asset Value, End of Period |
$52.43 |
$59.95 |
$36.75 |
$44.28 |
$45.96 |
Total
Return |
(9.76)% |
69.75% |
(13.61)% |
(0.70)% |
17.64% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
3.14% |
3.51% |
3.69% |
3.10% |
3.23% |
Gross
Expenses(b) |
0.40% |
0.42% |
0.44% |
0.44% |
0.45% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$270,019 |
$251,797 |
$66,142 |
$75,277 |
$43,665 |
Portfolio
Turnover(c) |
68% |
104% |
68% |
83% |
68% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$32.83 |
$25.32 |
$32.43 |
$33.94 |
$34.25 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
1.80 |
1.11 |
1.02 |
1.63 |
1.47 |
Net
Realized and Unrealized Gains (Losses) |
(3.63) |
7.73 |
(7.13) |
(1.48) |
(0.41) |
Total
from Investment Activities |
(1.83) |
8.84 |
(6.11) |
0.15 |
1.06 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.84) |
(1.33) |
(1.00) |
(1.66) |
(1.37) |
Net
Realized Gains from Investments |
— |
— |
— |
— |
— |
Total
Distributions |
(1.84) |
(1.33) |
(1.00) |
(1.66) |
(1.37) |
Net
Asset Value, End of Period |
$29.16 |
$32.83 |
$25.32 |
$32.43 |
$33.94 |
Total
Return |
(5.92)% |
35.49% |
(19.22)% |
0.58% |
3.00% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net
Investment Income (Loss) |
5.57% |
3.95% |
3.45% |
5.06% |
4.14% |
Gross
Expenses(b) |
0.85% |
0.66% |
0.57% |
0.59% |
0.60% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$16,038 |
$22,978 |
$62,042 |
$40,540 |
$45,824 |
Portfolio
Turnover(c) |
62% |
111% |
71% |
76% |
58% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
10/26/17(a)
through
6/30/18 |
Net
Asset Value, Beginning of Period |
$24.61 |
$19.71 |
$24.39 |
$23.92 |
$24.95 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(b) |
1.32 |
0.99 |
0.94 |
1.31 |
0.78 |
Net
Realized and Unrealized Gains
(Losses) |
(5.66) |
4.73 |
(4.63) |
0.35 |
(1.29) |
Total
from Investment Activities |
(4.34) |
5.72 |
(3.69) |
1.66 |
(0.51) |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.45) |
(0.82) |
(0.99) |
(1.05) |
(0.52) |
Net
Realized Gains from Investments |
— |
— |
— |
(0.14) |
— |
Total
Distributions |
(1.45) |
(0.82) |
(0.99) |
(1.19) |
(0.52) |
Net
Asset Value, End of Period |
$18.82 |
$24.61 |
$19.71 |
$24.39 |
$23.92 |
Total
Return(c) |
(18.55)% |
29.69% |
(15.55)% |
7.30% |
(2.17)% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(d)(e) |
0.51%(f) |
0.50% |
0.50% |
0.51%(f) |
0.50% |
Net
Investment Income (Loss)(e) |
5.76% |
4.55% |
4.24% |
5.52% |
4.44% |
Gross
Expenses(d)(e) |
1.40% |
1.19% |
0.85% |
0.88% |
1.05% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$10,351 |
$19,686 |
$21,679 |
$40,251 |
$21,532 |
Portfolio
Turnover(c)(g) |
86% |
101% |
86% |
103% |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$44.12 |
$33.14 |
$32.90 |
$28.41 |
$25.95 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.70 |
0.66 |
0.55 |
0.48 |
0.48 |
Net
Realized and Unrealized Gains (Losses) |
(2.63) |
10.95 |
0.19 |
4.47 |
2.45 |
Total
from Investment Activities |
(1.93) |
11.61 |
0.74 |
4.95 |
2.93 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.71) |
(0.63) |
(0.50) |
(0.46) |
(0.47) |
Net
Realized Gains from Investments |
— |
— |
— |
— |
— |
Total
Distributions |
(0.71) |
(0.63) |
(0.50) |
(0.46) |
(0.47) |
Net
Asset Value, End of Period |
$41.48 |
$44.12 |
$33.14 |
$32.90 |
$28.41 |
Total
Return |
(4.49)% |
35.33% |
2.23% |
17.60% |
11.33% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.55% |
1.67% |
1.65% |
1.57% |
1.75% |
Gross
Expenses(b) |
0.39% |
0.40% |
0.42% |
0.59% |
0.67% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$277,909 |
$344,154 |
$235,277 |
$16,450 |
$7,102 |
Portfolio
Turnover(c) |
43% |
41% |
74% |
62% |
43% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$38.15 |
$30.73 |
$30.87 |
$27.58 |
$24.83 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.66 |
0.62 |
0.70 |
0.73 |
0.63 |
Net
Realized and Unrealized Gains (Losses) |
(1.39) |
7.43 |
(0.14) |
3.20 |
2.69 |
Total
from Investment Activities |
(0.73) |
8.05 |
0.56 |
3.93 |
3.32 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.67) |
(0.63) |
(0.70) |
(0.64) |
(0.57) |
Total
Distributions |
(0.67) |
(0.63) |
(0.70) |
(0.64) |
(0.57) |
Net
Asset Value, End of Period |
$36.75 |
$38.15 |
$30.73 |
$30.87 |
$27.58 |
Total
Return |
(2.04)% |
26.47% |
1.82% |
14.47% |
13.41% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.66% |
1.80% |
2.23% |
2.50% |
2.33% |
Gross
Expenses(b) |
0.41% |
0.41% |
0.42% |
0.48% |
0.74% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$119,441 |
$164,065 |
$155,182 |
$43,213 |
$8,273 |
Portfolio
Turnover(c) |
63% |
56% |
69% |
34% |
26% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$71.28 |
$51.88 |
$48.89 |
$49.30 |
$44.00 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.87 |
0.70 |
0.60 |
0.73 |
0.64 |
Net
Realized and Unrealized Gains
(Losses) |
(6.95) |
19.32 |
3.04 |
(0.42) |
5.25 |
Total
from Investment Activities |
(6.08) |
20.02 |
3.64 |
0.31 |
5.89 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.84) |
(0.62) |
(0.65) |
(0.72) |
(0.59) |
Total
Distributions |
(0.84) |
(0.62) |
(0.65) |
(0.72) |
(0.59) |
Net
Asset Value, End of Period |
$64.36 |
$71.28 |
$51.88 |
$48.89 |
$49.30 |
Total
Return |
(8.67)% |
38.78% |
7.49% |
0.69% |
13.42% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.20% |
1.13% |
1.20% |
1.51% |
1.32% |
Gross
Expenses(b) |
0.38% |
0.39% |
0.40% |
0.40% |
0.41% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$891,353 |
$937,341 |
$609,613 |
$828,729 |
$951,411 |
Portfolio
Turnover(c) |
101%(d) |
34% |
56% |
116%(d) |
37% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$64.57 |
$46.58 |
$45.54 |
$46.29 |
$43.30 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
2.14 |
1.56 |
1.39 |
1.46 |
1.39 |
Net
Realized and Unrealized Gains
(Losses) |
1.42(b) |
17.87 |
1.09 |
(0.80) |
2.99 |
Total
from Investment Activities |
3.56 |
19.43 |
2.48 |
0.66 |
4.38 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(2.02) |
(1.44) |
(1.44) |
(1.41) |
(1.39) |
Total
Distributions |
(2.02) |
(1.44) |
(1.44) |
(1.41) |
(1.39) |
Net
Asset Value, End of Period |
$66.11 |
$64.57 |
$46.58 |
$45.54 |
$46.29 |
Total
Return |
5.49% |
42.31% |
5.49% |
1.52% |
10.23% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(c) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
3.13% |
2.80% |
3.02% |
3.22% |
3.06% |
Gross
Expenses(c) |
0.39% |
0.40% |
0.40% |
0.40% |
0.41% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$1,907,396 |
$916,846 |
$565,892 |
$696,814 |
$738,260 |
Portfolio
Turnover(d) |
41% |
65%(e) |
116% |
143%(f) |
52% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$60.55 |
$39.16 |
$37.80 |
$47.41 |
$41.41 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.69 |
0.62 |
0.44 |
0.64 |
0.50 |
Net
Realized and Unrealized Gains (Losses) |
(5.48) |
21.38 |
1.42 |
(9.61) |
5.98 |
Total
from Investment Activities |
(4.79) |
22.00 |
1.86 |
(8.97) |
6.48 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.70) |
(0.61) |
(0.50) |
(0.64) |
(0.48) |
Total
Distributions |
(0.70) |
(0.61) |
(0.50) |
(0.64) |
(0.48) |
Net
Asset Value, End of Period |
$55.06 |
$60.55 |
$39.16 |
$37.80 |
$47.41 |
Total
Return |
(8.00)% |
56.47% |
5.00% |
(19.04)% |
15.75% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss) |
1.15% |
1.22% |
1.19% |
1.48% |
1.13% |
Gross
Expenses(b) |
0.45% |
0.46% |
0.47% |
0.42% |
0.43% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$71,578 |
$63,572 |
$37,203 |
$92,614 |
$116,157 |
Portfolio
Turnover(c) |
64% |
70%(d) |
232% |
398%(e) |
47% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Year
Ended
6/30/20 |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
Asset Value, Beginning of Period |
$34.19 |
$26.92 |
$32.10 |
$33.79 |
$32.22 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(a) |
0.72 |
0.66 |
0.52 |
0.85 |
0.94 |
Net
Realized and Unrealized Gains
(Losses) |
(4.45) |
7.26 |
(5.14) |
(1.59) |
1.45 |
Total
from Investment Activities |
(3.73) |
7.92 |
(4.62) |
(0.74) |
2.39 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.00) |
(0.65) |
(0.56) |
(0.95) |
(0.82) |
Total
Distributions |
(1.00) |
(0.65) |
(0.56) |
(0.95) |
(0.82) |
Net
Asset Value, End of Period |
$29.46 |
$34.19 |
$26.92 |
$32.10 |
$33.79 |
Total
Return |
(11.20)% |
29.63% |
(14.55)% |
(2.16)% |
7.41% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(b) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net
Investment Income (Loss) |
2.17% |
2.16% |
1.69% |
2.63% |
2.73% |
Gross
Expenses(b) |
0.81% |
0.88% |
0.65% |
0.56% |
0.58% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$35,349 |
$42,742 |
$48,455 |
$110,746 |
$179,103 |
Portfolio
Turnover(c) |
37% |
55% |
33% |
154%(d) |
38% |
|
Year
Ended
6/30/22 |
9/10/20(a)
through
6/30/21 |
Net
Asset Value, Beginning of Period |
$34.33 |
$25.45 |
Investment
Activities |
|
|
Net
Investment Income (Loss)(b) |
0.12 |
0.12 |
Net
Realized and Unrealized Gains (Losses) |
(11.20) |
8.85 |
Total
from Investment Activities |
(11.08) |
8.97 |
Distributions
to Shareholders From |
|
|
Net
Investment Income |
(0.13) |
(0.09) |
Total
Distributions |
(0.13) |
(0.09) |
Net
Asset Value, End of Period |
$23.12 |
$34.33 |
Total
Return(c) |
(32.34)% |
35.26% |
Ratios
to Average Net Assets |
|
|
Net
Expenses(d)(e) |
0.18% |
0.18% |
Net
Investment Income (Loss)(e) |
0.40% |
0.46% |
Gross
Expenses(d)(e) |
0.31% |
0.30% |
Supplemental
Data |
|
|
Net
Assets, End of Period (000's) |
$95,364 |
$148,467 |
Portfolio
Turnover(c)(f) |
95% |
68% |