Morningstar

Victory Precious Metals and Minerals Fund Institutional Shares UIPMX

Medalist Rating as of Aug 31, 2026 See Victory Capital Investment Hub

Strategy

The investment seeks long-term capital appreciation and to protect the purchasing power of capital against inflation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of companies principally engaged in the exploration, mining, or processing of precious metals and minerals. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
USAGX	Victory Precious Metals and Minerals Fund	No Load	Open			Aug 15, 1984	$1.00B	1.040%	Average	$3,000	−$97.33M
UIPMX	Victory Precious Metals and Minerals Fund Institutional Shares	Institutional	Open			Aug 1, 2008	$42.36M	1.010%	Above Average	$1M	−$16.89M
UPMMX	Victory Precious Metals and Minerals Fund Class A	Front Load	Open			Aug 2, 2010	$68.32M	1.350%	Above Average	$2,500	−$6.32M

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