TO THE EXPENSE LIMITATION AGREEMENT DATED MAY 1, 2021
SCHEDULE A
TO THE EXPENSE LIMITATION AGREEMENT DATED MAY 1, 2021
BETWEEN
VICTORY PORTFOLIOS II AND VICTORY CAPITAL MANAGEMENT INC.
OPERATING EXPENSE LIMITS AS OF May 21, 2024
|
Maximum |
|
|
|
Operating |
|
Effective Date of |
Fund/Class |
Expense Limit |
Date of Termination |
Waiver |
Victory US 500 Enhanced Volatility |
|
|
|
Wtd Index Fund |
|
|
|
Class A |
0.99% |
October 31, 2024 |
November 1, 2023 |
Class C |
1.74% |
October 31, 2024 |
November 1, 2023 |
Class I |
0.74% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
Victory Market Neutral Income Fund |
|
|
|
|
|
|
|
Class A |
0.75% |
October 31, 2024 |
November 1, 2023 |
Class C |
1.50% |
October 31, 2024 |
November 1, 2023 |
Class I |
0.40% |
October 31, 2024 |
November 1, 2023 |
Member Class |
0.55% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
VictoryShares US 500 Volatility Wtd |
0.35% |
October 31, 2024 |
November 1, 2023 |
ETF |
|
|
|
|
|
|
|
VictoryShares US Discovery |
0.35% |
October 31, 2024 |
November 1, 2023 |
Enhanced Volatility Wtd ETF |
|
|
|
VictoryShares US 500 Enhanced |
0.35% |
October 31, 2024 |
November 1, 2023 |
Volatility Wtd ETF |
|
|
|
|
|
|
|
VictoryShares Developed Enhanced |
0.45% |
October 31, 2024 |
November 1, 2023 |
Volatility Wtd ETF |
|
|
|
VictoryShares US EQ Income |
0.35% |
October 31, 2024 |
November 1, 2023 |
Enhanced Volatility Wtd ETF |
|
|
|
|
|
|
|
VictoryShares US Small Cap Volatility |
0.35% |
October 31, 2024 |
November 1, 2023 |
Wtd ETF |
|
|
|
|
|
|
|
VictoryShares International Volatility |
0.45% |
October 31, 2024 |
November 1, 2023 |
Wtd ETF |
|
|
|
|
|
|
|
VictoryShares US Large Cap High Div |
0.35% |
October 31, 2024 |
November 1, 2023 |
Volatility Wtd ETF |
|
|
|
|
|
|
|
VictoryShares US Small Cap High Div |
0.35% |
October 31, 2024 |
November 1, 2023 |
Volatility Wtd ETF |
|
|
|
|
|
|
|
VictoryShares International High Div |
0.45% |
October 31, 2024 |
November 1, 2023 |
Volatility Wtd ETF |
|
|
|
|
|
|
|
(Maximum Operating Expense Limit excluding acquired fund fees and expenses and certain other items such as interest, taxes and brokerage commissions)
B-1
|
Maximum |
|
|
|
Operating |
|
Effective Date of |
Fund/Class |
Expense Limit |
Date of Termination |
Waiver |
VictoryShares Dividend Accelerator |
0.35% |
October 31, 2024 |
November 1, 2023 |
ETF |
|
|
|
VictoryShares US Multi-Factor |
0.35% |
October 31, 2024 |
November 1, 2023 |
Minimum Volatility ETF |
|
|
|
|
|
|
|
VictoryShares Core Intermediate |
0.40% |
October 31, 2024 |
November 1, 2023 |
Bond ETF |
|
|
|
|
|
|
|
VictoryShares Short-Term Bond ETF |
0.35% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
VictoryShares Emerging Markets |
0.45% |
October 31, 2024 |
November 1, 2023 |
Value Momentum ETF |
|
|
|
|
|
|
|
VictoryShares International Value |
0.35% |
October 31, 2024 |
November 1, 2023 |
Momentum ETF |
|
|
|
|
|
|
|
VictoryShares US Small Mid Cap |
0.25% |
October 31, 2024 |
November 1, 2023 |
Value Momentum ETF |
|
|
|
|
|
|
|
VictoryShares US Value Momentum |
0.20% |
October 31, 2024 |
November 1, 2023 |
ETF |
|
|
|
|
|
|
|
VictoryShares Nasdaq Next 50 ETF |
0.18% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
VictoryShares Core Plus Intermediate |
0.40% |
October 31, 2024 |
November 1, 2023 |
Bond ETF |
|
|
|
|
|
|
|
VictoryShares Corporate Bond ETF |
0.40% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
VictoryShares THB Mid Cap ESG ETF |
0.55% |
October 31, 2024 |
November 1, 2023 |
|
|
|
|
VictoryShares WestEnd US Sector |
0.46% |
October 31, 2024 |
December 16, 2022 |
ETF |
|
|
|
|
|
|
|
VictoryShares Free Cash Flow ETF |
0.39% |
October 31, 2024 |
May 23, 2023 |
|
|
|
|
VictoryShares Small Cap Free Cash |
0.49% |
December 31, 2024 |
December 5, 2023 |
Flow ETF |
|
|
|
|
|
|
|
VictoryShares WestEnd Global Equity |
0.60% |
October 31, 2025 |
May 21, 2024 |
ETF |
|
|
|
|
|
|
|
VictoryShares WestEnd Dynamic |
0.70% |
October 31, 2025 |
May 21, 2024 |
Equity ETF |
|
|
|
|
|
|
|
VictoryShares WestEnd Economic |
0.40% |
October 31, 2025 |
May 21, 2024 |
Cycle Bond ETF |
|
|
|
|
|
|
|
VictoryShares Hedged Equity Income |
0.55% |
October 31, 2025 |
May 21, 2024 |
ETF |
|
|
|
|
|
|
|
(Maximum Operating Expense Limit excluding acquired fund fees and expenses and certain other items such as interest, taxes and brokerage commissions)
B-2
