Victory Integrity Discovery Fund
MMEAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4900 Tiedeman Road Brooklyn OH United States of America 44144
- IPO Date
- Dec 26, 1996
- CIK
- 0001214511
- Website
- investor.vcm.com
- Similar Companies
- Business
- Victory Integrity Discovery Fund (MMEAX) is an equity mutual fund that seeks capital appreciation by investing primarily in micro-capitalization companies defined as those within the market capitalization range of the Russell Microcap Value Index; the fund allocates at least 80% of its assets to equity securities such as common stocks of undervalued micro-cap firms exhibiting improving sentiment, strong earnings growth potential, and trading below estimated intrinsic value. Managed by Integrity Asset Management, a Victory Capital investment franchise, the fund employs a fundamental, value-oriented approach targeting less-known small companies across sectors including technology, industrials, financials, and consumer discretionary, with top holdings such as nLIGHT Inc., Kimball Electronics Inc., and new positions like Savers Value Village Inc. and First Watch Restaurant Group Inc.; it maintains a diversified portfolio of approximately 117-122 holdings and around 2.66% in cash equivalents. The fund offers multiple share classes including Class A (MMEAX), Class C (MMECX), Class Y (MMEYX), and others, catering to retail and institutional investors focused on small-blend or microcap value strategies. Integrity Asset Management, based in Rocky River, Ohio, has managed the strategy since at least 2011 with key portfolio managers Dan DeMonica and Mirsat Nikovic, while Victory Capital, the parent firm headquartered at 4249 Easton Way, Suite 400, Columbus, Ohio, oversees distribution and operations. The fund traces its inception to December 26, 1996, for Class A shares, positioning it as a long-standing vehicle for microcap exposure amid market inefficiencies. Recent portfolio adjustments as of June 30, 2025, reflect active management with new holdings in American Integrity Insurance Group Inc., Granite Ridge Resources Inc., Savers Value Village Inc., First Watch Restaurant Group Inc., and Orange County Bancorp Inc., alongside top increases in positions like Infinity Natural Resources Inc. and SkyWater Technology Inc.; decreases occurred in holdings such as MiMedx Group Inc. and Liquidity Services Inc. Victory Capital continues strategic expansions, including the acquisition of Amundi US to enhance scale and capabilities, alongside launches of new ETFs in 2024, though no specific fund-level partnerships, funding rounds, or reorganizations were reported for MMEAX in the past 1-2 years. The fund operates globally through U.S.-listed securities, targeting investors seeking higher returns from microcap value plays.