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Victory Capital Reports May 2020 Assets Under Management

06/10/2020

SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $127.7 billion on May 31, 2020.

As previously announced, the closing of The Charles Schwab Company’s acquisition of USAA’s Investment Management Company on May 26 caused a transfer of assets primarily comprised of short-term money market funds that were subject to a revenue sharing arrangement and did not contribute to Victory Capital’s profitability. To a lesser extent, certain long-term assets also transferred out due to the acquisition’s closing. The impact of these asset transfers is reflected in the table below.

 

Victory Capital Holdings, Inc. and Subsidiaries

Assets Under Management 1

(unaudited; in millions)

 

 

 

 

 

 

 

As of:

By Asset Class

May 31, 2020

 

April 30, 2020

Fixed Income

$

35,280

 

$

35,476

Solutions

 

28,845

 

 

27,867

U.S. Mid Cap Equity

 

22,374

 

 

21,148

U.S. Small Cap Equity

 

14,097

 

 

13,280

U.S. Large Cap Equity

 

12,494

 

 

11,880

Global / Non-U.S. Equity

 

10,681

 

 

10,213

Other

 

194

 

 

183

Total Long-Term Assets

$

123,965

$

120,047

 

Money Market / Short Term Assets

 

3,760

 

 

11,766

Total Assets Under Management

$

127,726

 

$

131,814

 

 

 

 

 

 

 

 

 

 

 

 

By Vehicle

 

 

 

 

 

Mutual Funds2

$

99,429

 

$

104,372

Separate Accounts and Other Vehicles3

 

24,852

 

 

24,070

ETFs

 

3,445

 

 

3,372

Total Assets Under Management

$

127,726

 

$

131,814

 

 

 

 

 

 

 

 

 

 

 

 

1Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.

2Includes institutional and retail share classes, money market and VIP funds.

3Includes collective trust funds, wrap program accounts and unified managed accounts.

About Victory Capital

Victory Capital is a diversified global asset management firm with $127.7 billion in assets under management as of May 31, 2020. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With nine autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment styles and investment vehicles including, actively managed mutual funds, separately managed accounts, rules-based and active ETFs, multi-asset class strategies, custom-designed solutions and a 529 College Savings Plan.

For more information, please visit www.vcm.com or follow us: Twitter and LinkedIn

Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com

Media:
Tricia Ross
310-622-8226
tross@finprofiles.com

Source: Victory Capital Holdings, Inc.

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