Victory Portfolios III has recently filed its NPORT-P, detailing its financial standing as of August 31, 2026. This report is significant as it underscores the firm’s substantial asset base, which exceeds $1.67 billion. Such updates are crucial for stakeholders as they reflect the firm's capacity to manage investments effectively in a competitive market.

The filing reveals that Victory Portfolios III, which operates under the 1940 Act, has total assets valued at $1,670,870,056.24 and total liabilities of $6,497,066.21, resulting in net assets of $1,664,372,990.03. The firm is based in San Antonio, Texas, and focuses on investment management.

Background

Victory Portfolios III is an investment firm incorporated in Delaware, with a focus on managing various equity funds. It operates under the SEC file number 811-07852. The firm has undergone name changes in the past, previously known as USAA Mutual Funds Trust and USAA State Tax Free Trust.

What the Filing Says

The latest filing, accession number 0001004726-26-010376, indicates that the firm’s financial report as of August 31, 2026, is not a final filing. It includes detailed information about the fund’s assets, liabilities, and investment performance. Notably, the report highlights the monthly total returns for different classes of shares, showing varied performance across the board.

Impact

This financial disclosure is essential for investors and stakeholders in the investment management industry, as it provides a snapshot of Victory Portfolios III's financial health and operational effectiveness. The report also reflects the competitive dynamics among investment firms, particularly those managing equity funds.

What's Next

The filing does not say what happens next.