Fund Evaluator:

Victory RS International R Overview

Victory RS International R (RIGKX) is an actively managed International Equity Foreign Large Blend fund. Victory Capital Management Inc. launched the fund in 2001.

The investment seeks to provide long-term capital appreciation. The fund normally invests at least 80% of the value of its net assets in common stocks and convertible securities issued by companies (1) organized, domiciled, or with a principal office outside of the United States, (2) the securities of which primarily trade in a market located outside of the United States, or (3) that do a substantial amount of business outside of the United States, which the adviser considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States.

About Victory RS International R (RIGKX)

There are 2 members of the management team with an average tenure of 10.67 years: U-Wen Kok (2013), Adam Mezan (2018). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. Victory RS International R has 77 securities in its portfolio. The top 10 holdings constitute 28.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Victory RS International R is part of the Equity global asset class and is within the International Equity fund group. Victory RS International R has 99.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.5%. There is 99.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Victory RS International R has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RIGKX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Victory RS International R expense ratio is high compared to funds in the Foreign Large Blend category. Victory RS International R has an expense ratio of 1.38%, which is 47% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Victory RS International R has a portfolio turnover rate of 29%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, Victory RS International R returned 1.4%, which earned it a grade of C, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Victory RS International R has a trailing yield of 1.22%, which is below the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Victory RS International R Grades

Year to date, the fund has returned 10.3%, 1.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 21.4% over the past year (grade of D), 15.6% over the past three years (grade of C) and 8.5% per year over the past five years (grade of C) and 9.2% per year over the past 10 years (grade of C).

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