Victory Portfolios. Holdings as of Jun 30, 2026, from Form N-PORT.
Share of net assets at the report date, for the whole fund across all share classes.
| Holding | Weight | Value | Shares or units |
|---|---|---|---|
| COMPASS MINERALS INTERNATIONAL, INC.CMP | 9.86% | $60.80M | 1,952,971 |
| SUNRISE ENERGY METALS LIMITED | 9.75% | $41.63M | 4,984,983 |
| RANGE RESOURCES CORPORATIONRRC | 4.95% | $30.54M | 821,276 |
| ILUKA RESOURCES LIMITED | 6.72% | $28.72M | 8,427,807 |
| TAMARACK VALLEY ENERGY LTD. | 6.58% | $28.63M | 4,654,490 |
| ANTERO RESOURCES CORPORATIONAR | 4.45% | $27.44M | 781,015 |
| LINDE PUBLIC LIMITED COMPANYLIN | 4.16% | $25.65M | 49,436 |
| ENTERPRISE PRODUCTS PARTNERS L.P.EPD, Other | 4.02% | $24.78M | 674,216 |
| KEYERA CORP. | 5.21% | $22.65M | 799,693 |
| SUNRISE ENERGY METALS LTDDerivative | 4.93% | $21.04M | 3,069,985 |
| Nutrien Ltd.NTR | 2.57% | $15.84M | 251,675 |
| Ivanhoe Electric IncIE | 2.54% | $15.66M | 1,629,589 |
| PEYTO EXPLORATION & DEVELOPMENT CORP. | 3.28% | $14.29M | 1,214,241 |
| MURPHY OIL CORPORATIONMUR | 2.28% | $14.06M | 431,894 |
| TOURMALINE OIL CORP.TRMLF | 3.00% | $13.05M | 442,484 |
| ENERGY VAULT HOLDINGS, INC.NRGV | 2.03% | $12.52M | 2,657,126 |
| ANTOFAGASTA PLC | 1.48% | $12.13M | 180,236 |
| THE MOSAIC COMPANYMOS | 1.95% | $12.00M | 566,353 |
| HUBBELL INCORPORATEDHUBB | 1.91% | $11.77M | 22,497 |
| West Fraser Timber Co. Ltd.WFG | 2.65% | $11.51M | 241,074 |
| MARTIN MARIETTA MATERIALS, INC.MLM | 1.82% | $11.20M | 19,420 |
| THE WILLIAMS COMPANIES, INC.WMB | 1.69% | $10.43M | 140,256 |
| IVANHOE ELECTRIC INC | 1.50% | $9.23M | 960,821 |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUNDCash or money market | 1.13% | $6.98M | 6,976,082 |
| HSBC US GOVERNMENT MONEY MARKET FUNDCash or money market | 1.13% | $6.98M | 6,976,082 |
| INVESCO GOVERNMENT & AGENCY PORTFOLIOCash or money market | 1.13% | $6.98M | 6,976,082 |
| MSILF Government PortfolioCash or money market | 1.13% | $6.98M | 6,976,082 |
| CONSTELLATION ENERGY CORPORATION.CEG | 0.94% | $5.80M | 23,360 |
| Metals Acquisition Corp II | 0.88% | $5.42M | 533,695 |
| IVANHOE MINES LTD. | 1.24% | $5.41M | 978,536 |
| FIRST QUANTUM MINERALS LTD. | 1.16% | $5.07M | 262,942 |
| CAMECO CORPORATIONCCJ | 0.72% | $3.15M | 43,865 |
| SUNRISE ENERGY METALS WTS | 0.45% | $1.93M | 360,262 |
| Norsk Hydro ASA | 1.43% | $893.38K | 976,715 |
| CANADIAN DOLLAROther | 0.08% | $358.91K | 721,765 |
| ADVANTAGE ENERGY LTD. | 0.08% | $330.48K | 64,462 |
| Sociedad Quimica y Minera de Chile S.A.SQM, Other | 0.04% | $277.28K | 3,745 |
| GREAT BRITISH POUNDOther | -0.00% | -$4.71K | -2,676 |