Victory Capital Reports May 2024 Total Client Assets

SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $168.5 billion, Other Assets of $4.9 billion, and Total Client Assets of $173.4 billion, as of May 31, 2024.

For the month of May, average Total AUM was $167.5 billion, average Other Assets was $4.8 billion, and average Total Client Assets was $172.3 billion.

Victory Capital Holdings, Inc.
Total Client Assets(unaudited; in millions)^1
	As of:
By Asset Class	May 31, 2024		April 30, 2024
Solutions	$	57,916	$	55,683
Fixed Income		24,215		24,047
U.S. Mid Cap Equity		31,725		31,022
U.S. Small Cap Equity		15,647		15,187
U.S. Large Cap Equity		13,657		13,135
Global / Non-U.S. Equity		18,521		17,805
Alternative Investments		3,465		3,461
Total Long-Term Assets	$	165,146	$	160,339
Money Market / Short Term Assets		3,309		3,265
Total Assets Under Management^2	$	168,455	$	163,604
By Vehicle
Mutual Funds^3	$	112,255	$	109,365
Separate Accounts and Other Pooled Vehicles^4		50,814		49,111
ETFs^5		5,386		5,128
Total Assets Under Management	$	168,455	$	163,604
Other Assets^6
Institutional	$	4,938	$	4,682
Total Other Assets	$	4,938	$	4,682
Total Client Assets
Total Assets Under Management	$	168,455	$	163,604
Total Other Assets		4,938		4,682
Total Client Assets	$	173,394	$	168,286

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

²Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.

³Includes institutional and retail share classes, money market and VIP funds.

⁴Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.

⁵Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.

⁶Includes low-fee (2 to 4 bps) institutional assets, previously reported in the Solutions asset class within the by asset class table and in Separate Accounts and Other Pooled Vehicles within the by vehicle table. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.

About Victory Capital

Victory Capital is a diversified global asset management firm with total assets under management of $168.5 billion, and $173.4 billion in total client assets, as of May 31, 2024. The Company employs a next-generation business strategy that combines 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 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services.

Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit www.vcm.com or follow Victory Capital on Facebook, Twitter, and LinkedIn.