USAA Sustainable World Fund Shares
USAWX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Sep 30, 1992
- CIK
- 0000908695
- Website
- usaa.com
- Similar Companies
- Business
- Victory Sustainable World Fund (USAWX) is an open-end mutual fund that seeks capital appreciation through investments primarily in equity securities of foreign (including emerging markets) and domestic issuers. The fund offers multiple share classes, including Fund Shares (USAWX) with a net expense ratio of 1.08%, A Shares (USWGX) at 1.36%, and Institutional Shares (UIWGX) at 1.01%, and integrates sustainable investing, responsible investing, or environmental, social, and governance (ESG) analysis in its stock selection process managed by a global team of portfolio managers. It maintains a diversified portfolio across sectors such as technology (approximately 23%), financials, healthcare, industrials, and consumer cyclical; regions including North America (59%), Europe (19%), and Asia-Pacific (18%); and top holdings like NVIDIA, Apple, Microsoft, Amazon, and Meta Platforms. The fund operates within the global large-stock blend category, targeting large-cap growth and blend styles with total net assets of approximately $1.5 billion, a minimum initial investment of $3,000 for Fund Shares, and a portfolio turnover ratio of around 32-35%. Geographic exposure spans the United States (62%), Eurozone, Japan, Europe ex-Euro, and developed Asia, with cash holdings at 1% and other assets minimal. Victory Sustainable World Fund was launched on October 1, 1992, and is domiciled in the United States with management transitioned to Victory Capital Management Inc., headquartered at 15935 La Cantera Parkway, Building Two, San Antonio, Texas. In a significant strategic shift, the fund underwent rebranding in April 2023 from USAA Sustainable World Fund to Victory Sustainable World Fund as part of Victory Capital's acquisition of USAA Asset Management Company in 2019 for $850 million and subsequent integration of the USAA mutual funds lineup into Victory Portfolios III, with no changes to investment objectives, teams, or processes. More recently, Victory Capital signed a definitive agreement in July 2024 with Amundi to combine Amundi US with Victory Capital, positioning Amundi as a 26.1% strategic shareholder and entering 15-year distribution and services agreements to enhance U.S. intermediary and institutional distribution. These developments support expanded capabilities in sustainable global equity strategies amid ongoing portfolio management by key personnel including U-Wen Kok, CFA (since 2019) and others.