USAA NASDAQ-100 Index Fund
USNQX
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
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Oct 27, 2000
- CIK
- 0000908695
- Website
- usaa.com
- Similar Companies
- Business
- Victory NASDAQ-100 Index Fund (USNQX) is an open-end mutual fund that seeks to match, before fees and expenses, the performance of the stocks composing the Nasdaq-100 Index. The fund's principal investment strategy is to invest at least 80% of its assets in the common stocks of the 100 largest nonfinancial domestic and international companies listed on the Nasdaq Stock Market, based on market capitalization, spanning sectors such as technology, telecommunications, consumer discretionary, health care, and industrials. It offers share classes including Fund (USNQX), Institutional (UINQX), Class A (UANQX), Class C (UCNQX), and R6 (URNQX), with a net expense ratio of approximately 0.42% and total net assets exceeding $7 billion, available to investors in the United States with minimum initial investments starting at $3,000. Originally launched on October 27, 2000, as part of USAA Mutual Funds Trust and headquartered at 9800 Fredericksburg Road, San Antonio, Texas, the fund underwent a significant rebranding in early 2023 to Victory NASDAQ-100 Index Fund under Victory Capital Management Inc., following Victory Capital's 2019 acquisition of USAA Asset Management Company for $850 million. This transition, effective April 24, 2023, when the trust renamed to Victory Portfolios III, preserved the fund's investment objective, strategy, management team, and ticker symbol, with no action required from investors. The fund is managed by Mannik Dhillon since July 2019, alongside Lela Dunlap since September 2025, emphasizing passive indexing in the large-growth category. It primarily serves retail and institutional investors seeking exposure to Nasdaq-100 constituents, with portfolio allocations typically around 97% in U.S. stocks, 3% in non-U.S. stocks, and minimal cash.