# Victory Cornerstone Conservative Fund

Victory Cornerstone Conservative Fund is a registered fund series of Victory Portfolios III (series S000037224). Net assets $253.3M as of 2026-05-31.

## Profile

- Series ID: S000037224
- Registrant: Victory Portfolios III
- LEI: 549300MH9XW7M0ZWBN87
- Net assets: $253.3M
- Total assets: $253.3M
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

- [Victory Capital Management Inc. (Advisor)](https://search.stillhousedata.com/firm/106189)

## Top holdings (24 reported)

_Showing 15 of 24 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [USAA Mutual Funds Trust: Intermediate-Term Bond Fund; Institutional Class Shares](https://search.stillhousedata.com/security/903288595) | — | $57.7M | 2279.24% |
| [VictoryShares Short-Term Bond ETF](https://search.stillhousedata.com/security/92647N535) | — | $32.9M | 1298.51% |
| [USAA Mutual Funds Trust: Government Securities Fund; Institutional Class Shares](https://search.stillhousedata.com/security/903287787) | — | $28.4M | 1122.12% |
| [VictoryShares Core Intermediate Bond ETF](https://search.stillhousedata.com/security/92647N527) | — | $26.3M | 1040.15% |
| [USAA Mutual Funds Trust: Income Fund; Institutional Class Shares](https://search.stillhousedata.com/security/903288611) | — | $18.1M | 713.97% |
| [Victory Portfolios II: Victory Market Neutral Income Fund; Class I Shares](https://search.stillhousedata.com/security/92647P654) | — | $15.6M | 615.90% |
| [USAA Mutual Funds Trust: 500 Index Fund; Reward Shares](https://search.stillhousedata.com/security/903288769) | — | $11.9M | 469.23% |
| [USAA Mutual Funds Trust: High Income Fund; Institutional Class Shares](https://search.stillhousedata.com/security/903288579) | — | $10.5M | 415.31% |
| [USAA Mutual Funds Trust: International Fund; Institutional Class Shares](https://search.stillhousedata.com/security/903288637) | — | $7.9M | 312.24% |
| [VictoryShares International Value Momentum ETF](https://search.stillhousedata.com/security/92647N550) | — | $6.9M | 272.91% |
| [USAA Mutual Funds Trust: Nasdaq-100 Index Fund; Class R6 Shares](https://search.stillhousedata.com/security/90291A700) | — | $5.6M | 222.10% |
| [VictoryShares WestEnd US Sector ETF](https://search.stillhousedata.com/security/92647P126) | — | $5.2M | 207.21% |
| [VictoryShares Free Cash Flow ETF](https://search.stillhousedata.com/security/92647X830) | — | $4.2M | 165.46% |
| [VictoryShares US Value Momentum ETF](https://search.stillhousedata.com/security/92647N576) | — | $3.7M | 147.63% |
| [VictoryShares Pioneer Asset-Based Income ETF](https://search.stillhousedata.com/security/92647X731) | — | $3.5M | 137.68% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $253.3M |
| 2026-02-28 | $250.6M |
| 2025-11-30 | $234.1M |
| 2025-08-31 | $221.6M |
| 2025-05-31 | $211.2M |
| 2025-02-28 | $209.9M |
| 2024-11-30 | $208.6M |
| 2024-08-31 | $209.2M |

## More

- [Registrant: Victory Portfolios III](https://search.stillhousedata.com/registrant/908695)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000037224.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.