USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

00123Q104 AGNC AGNC INVESTMENT CORP 8,446.00 142,652.94 00130H105 AES AES CORP. 206,154.00 5,374,434.78 00206R102 T AT&T, INC. 119,884.00 3,450,261.52 002824100 ABT ABBOTT LABORATORIES 31,450.00 3,645,998.50 00287Y109 ABBV ABBVIE INC. 32,235.00 3,630,950.40 0053673 AHT LN ASHTEAD GROUP PLC 37,764.00 2,806,541.35 00724F101 ADBE ADOBE INC 7,612.00 4,457,891.68 0081180 BDEV LN PLC 46,476.00 447,440.24 00846U101 A AGILENT TECHNOLOGIES, INC 21,439.00 3,168,898.59 015271109 ARE ALEXANDRIA REAL ESTATE EQ 2,110.00 383,893.40 016255101 ALGN ALIGN TECHNOLOGY INC 4,713.00 2,879,643.00 020002101 ALL ALLSTATE CORP. 21,436.00 2,796,111.84 02079K107 GOOG ALPHABET INC - CLASS C 7,981.00 20,002,939.92 02209S103 MO ALTRIA GROUP, INC. 187,386.00 8,934,564.48 0237400 DGE LN DIAGEO PLC. 58,407.00 2,798,970.44 0242493 DCC LN DCC PLC 7,020.00 574,960.87 0263494 BA/ LN BAE SYSTEMS PLC 54,301.00 392,325.36 0287580 BATS LN BRITISH AMERI TOBACCO PLC 9,680.00 375,779.17 03027X100 AMT AMERICAN TOWER CORP. 6,888.00 1,860,724.32 031162100 AMGN AMGEN, INC. 26,812.00 6,535,425.00 035710409 NLY ANNALY CAPITAL MANAGEMENT 21,754.00 193,175.52 036752103 ANTM ANTHEM INC 8,019.00 3,061,654.20 037833100 AAPL APPLE, INC. 208,514.00 28,558,077.44 038222105 AMAT APPLIED MATERIALS, INC. 47,909.00 6,822,241.60 039483102 ADM ARCHER-DANIELS-MIDLAND CO 43,140.00 2,614,284.00 0408284 STAN LN STANDARD CHARTERED PLC 52,760.00 336,656.93 0454492 IMT LN IMPERIAL BRANDS PLC 76,843.00 1,656,714.04

Page 1 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

053332102 AZO AUTOZONE, INC. 1,838.00 2,742,700.36 053484101 AVB AVALONBAY COMMUNITIES INC 2,170.00 452,857.30 0560399 LGEN LN LEGAL & GENERAL GROUP PLC 533,469.00 1,902,931.36 0718875 RIO LN RIO TINTO PLC 46,783.00 3,863,152.49 0766807 CBG LN CLOSE BROTHERS GROUP PLC 56,545.00 1,184,882.20 0798059 BP/ LN BP PLC 371,122.00 1,627,289.24 084670702 BRK/B BERKSHIRE HATHAWAY INC B 16,203.00 4,503,137.76 086516101 BBY BEST BUY CO, INC. 22,496.00 2,586,590.08 0875413 TATE LN TATE & LYLE PLC 31,716.00 324,342.62 09062X103 BIIB BIOGEN INC 20,866.00 7,225,269.82 0922320 SN/ LN SMITH & NEPHEW PLC 28,680.00 621,903.11 09247X101 BLK BLACKROCK INC.-CLASS A 3,840.00 3,359,884.80 0989529 AZN LN ASTRAZENECA PLC 3,283.00 394,378.38 101121101 BXP BOSTON PROPERTIES, INC. 2,297.00 263,213.23 110122108 BMY BRISTOL-MYERS SQUIBB CO. 52,968.00 3,539,321.76 11135F101 AVGO BROADCOM INC 15,615.00 7,445,856.60 12504L109 CBRE CBRE GROUP INC 5,157.00 442,109.61 12514G108 CDW CDW CORP OF DELAWARE 15,422.00 2,693,452.30 125523100 CI CIGNA CORP 12,174.00 2,886,090.18 126408103 CSX CSX CORP. 89,813.00 2,881,201.04 126650100 CVS CVS HEALTH CORP 38,585.00 3,219,532.40 127387108 CDNS CADENCE DESIGN SYS. INC 21,857.00 2,990,474.74 133131102 CPT CAMDEN PROPERTY TRUST 1,515.00 200,995.05 14040H105 COF CAPITAL 1 FINANCIAL CORP 38,789.00 6,000,270.41 14448C104 CARR CARRIER GLOBAL CORP 64,046.00 3,112,635.60 149123101 CAT CATERPILLAR, INC. 13,975.00 3,041,379.25 166764100 CVX CHEVRON CORP. 34,450.00 3,608,293.00

Page 2 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

17275R102 CSCO CISCO SYSTEMS, INC. 141,465.00 7,497,645.00 172967424 C CITIGROUP, INC. 46,275.00 3,273,956.25 189054109 CLX CLOROX COMPANY 14,917.00 2,683,717.47 192446102 CTSH COGNIZANT TECH SOLUTIONS 38,326.00 2,654,458.76 194162103 CL COLGATE-PALMOLIVE CO. 35,828.00 2,914,607.80 20030N101 CMCS COMCAST CORP. 138,925.00 7,921,503.50 2077303 NA CN NATIONAL BANK OF CANADA 29,072.00 2,176,060.55 20825C104 COP CONOCOPHILLIPS 107,355.00 6,537,919.50 21240E105 VLRS CONTROLADORA VUELA CIA-AD 23,765.00 456,525.65 2174312 CAP CI CAP SA 22,071.00 378,875.48 22822V101 CCI CROWN CASTLE INT'L CORP. 6,667.00 1,300,731.70 231021106 CMI CUMMINS, INC. 10,894.00 2,656,066.14 235851102 DHR DANAHER CORP. 13,553.00 3,637,083.08 244199105 DE DEERE & CO. 8,314.00 2,932,430.94 2492519 MFC CN MANULIFE FINANCIAL CORP 130,271.00 2,564,638.05 253868103 DLR DIGITAL REALTY TRUST, INC 4,342.00 653,297.32 2563017 ALSEA* ALSEA SAB DE CV 205,426.00 365,615.46 260557103 DOW DOW INC 43,206.00 2,734,075.68 264411505 DRE DUKE REALTY (REIT) 5,769.00 273,162.15 2683777 BRDT3 B PETROBRAS DISTRIBUIDORA S 61,400.00 329,395.96 2712864 QUINENC QUINENCO SA 133,664.00 289,362.53 278642103 EBAY EBAY, INC. 48,482.00 3,403,921.22 2793115 CP CN CANADIAN PACIFIC RAILWAY 38,554.00 2,965,118.02 2897222 TD CN TORONTO-DOMINION BANK 34,566.00 2,422,743.60 29444U700 EQIX EQUINIX INC 1,374.00 1,102,772.40 29472R108 ELS EQUITY LIFESTYLE PROPERTI 2,696.00 200,339.76 29476L107 EQR EQUITY RESIDENTIAL 5,773.00 444,521.00

Page 3 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

297178105 ESS ESSEX PROPERTY TRUST INC 1,012.00 303,610.12 30161N101 EXC EXELON CORP. 64,780.00 2,870,401.80 30225T102 EXR EXTRA SPACE STORAGE INC 2,005.00 328,459.10 30303M102 FB FACEBOOK INC 19,634.00 6,826,938.14 311900104 FAST FASTENAL CO. 51,497.00 2,677,844.00 3134865 BARC LN BARCLAYS PLC 187,634.00 445,207.91 316773100 FITB FIFTH THIRD BANCORP 67,059.00 2,563,665.57 31810T101 FINV FINVOLUTION GROUP 52,612.00 500,866.24 3208986 NXT LN NEXT PLC 14,612.00 1,590,057.08 3398649 ITV LN ITV PLC 893,313.00 1,552,361.63 345370860 F FORD MOTOR CO. 243,196.00 3,613,892.56 369550108 GD GENERAL DYNAMICS CORP. 15,034.00 2,830,300.84 37045V100 GM GENERAL MOTORS CO. 51,411.00 3,041,988.87 375558103 GILD GILEAD SCIENCES, INC. 47,130.00 3,245,371.80 38141G104 GS GOLDMAN SACHS GROUP, INC. 17,780.00 6,748,043.40 384802104 GWW WW GRAINGER, INC. 5,839.00 2,557,482.00 40412C101 HCA HCA HEALTHCARE INC 28,115.00 5,812,495.10 40434L105 HPQ HP INC 244,267.00 7,374,420.73 4061412 MC FP LVMH MOET VUITION 7,067.00 5,558,633.35 4163437 CAP FP CAPGEMINI SA 19,344.00 3,719,663.62 4169219 CARLB CARLSBERG A/S 3,848.00 718,207.45 42250P103 PEAK HEALTHPEAK PROPERTIES 8,341.00 277,671.89 4253048 MAERSKB AP MOELLER - MAERSK A/S 241.00 693,922.37 437076102 HD HOME DEPOT, INC. 13,086.00 4,172,994.54 4380429 PUB.FP PUBLICIS GROUPE 8,631.00 552,274.27 4400446 EO FP FAURECIA 11,742.00 577,170.08 44107P104 HST HOST HOTELS & RESORTS INC 10,679.00 182,504.11

Page 4 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

4497749 KBC BB KBC GROEP NV 4,745.00 362,243.24 4501093 GN DC GN STORE NORD A/S 5,381.00 470,639.52 45113Y104 ICLK ICLICK INTERACTIVE ASIA G 29,142.00 321,727.68 4511809 HNR1 GR HANNOVER RUECK SE 1,589.00 265,979.20 45168D104 IDXX IDEXX LABORATORIES INC 10,326.00 6,521,385.30 452308109 ITW ILLINOIS TOOL WORKS, INC. 12,501.00 2,794,723.56 458140100 INTC INTEL CORP. 65,264.00 3,663,920.96 459200101 IBM IBM CORP. 22,915.00 3,359,109.85 460146103 IP INTERNATIONAL PAPER CO. 45,514.00 2,790,463.34 461202103 INTUIT, INC. 7,668.00 3,758,623.56 4617859 DPW GR DEUTSCHE POST AG 14,257.00 970,851.67 46187W107 INVH INVITATION HOMES INC 8,654.00 322,707.66 46266C105 IQV IQVIA HOLDINGS INC 12,358.00 2,994,590.56 46284V101 IRM IRON MOUNTAIN INC 4,443.00 188,027.76 46432F842 IEFA ISHARES CORE MSCI 12,071.00 903,635.06 4741844 MRK.GR MERCK KGAA 3,443.00 660,550.07 478160104 JNJ JOHNSON & JOHNSON 58,256.00 9,597,093.44 4813345 SEBA SS SKANDINAVISKA ENSKILDA 35,626.00 460,639.92 4846288 SAP GR SAP SE 33,132.00 4,653,150.39 49271V100 KDP KEURIG DR PEPPER INC 76,085.00 2,681,235.40 493267108 KEY KEYCORP 117,211.00 2,420,407.15 4942904 EOAN GR E.ON SE 51,523.00 596,032.43 5120679 HEI GR HEIDELBERGCEMENT AG 3,419.00 293,508.04 512807108 LRCX LAM RESEARCH CORP. 9,586.00 6,237,610.20 5165294 ASM NA ASM INTERNATIONAL NV 6,365.00 2,099,097.07 518439104 EL ESTEE LAUDER COS, INC. 9,951.00 3,165,214.08 5231485 ALV GR ALLIANZ SE 14,557.00 3,632,361.67

Page 5 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

526057104 LEN LENNAR CORP. CL A 25,932.00 2,576,344.20 5294121 MUV2 GR MUENCHENER RUECKVER 937.00 256,763.93 532457108 LLY ELI LILLY & CO. 17,588.00 4,036,797.76 539830109 LMT LOCKHEED MARTIN CORP. 16,161.00 6,114,514.35 548661107 LOW LOWE'S COS, INC. 32,874.00 6,376,569.78 5497168 VOW3 GR VOLKSWAGEN AG 13,233.00 3,317,528.96 55354G100 MSCI MSCI INC. 5,732.00 3,055,614.56 5579107 ANA SM ACCIONA SA 1,977.00 298,546.61 5596991 UCB BB UCB CAP 4,919.00 515,112.75 56585A102 MPC MARATHON PETROLEUM CORP. 48,126.00 2,907,772.92 5671735 SAN FP SANOFI 5,745.00 603,511.70 5727973 SIE GR SIEMENS AG 2,731.00 433,572.47 5728125 ACE IM ACEA SPA 17,737.00 410,020.45 5732524 TEF SM TELEFONICA S.A. 396,186.40 1,848,966.93 57636Q104 MA MASTERCARD, INC. - CL A 11,286.00 4,120,405.74 57667L107 MTCH MATCH GROUP INC 18,548.00 2,990,865.00 5842359 DTE TH DEUTSCHE TELEKOM AG 41,777.00 883,477.05 58463J304 MPW MEDICAL PROPERTIES TRUST 8,884.00 178,568.40 5889505 IFX GR INFINEON TECHNOLOGIES AG 9,300.00 374,031.06 58933Y105 MRK MERCK & CO, INC. 45,875.00 3,567,698.75 5898664 MYTIL G MYTILINEOS HOLDINGS SA 25,706.00 467,526.39 59156R108 MET METLIFE, INC. 87,008.00 5,207,428.80 592688105 MTD METTLER-TOLEDO INTERNATIO 4,307.00 5,966,659.38 594918104 MSFT MICROSOFT CORP. 46,241.00 12,526,686.90 595112103 MU MICRON TECHNOLOGY, INC. 35,047.00 2,978,294.06 59522J103 MAA MID-AMERICA APARTMENT COM 1,784.00 300,461.28 5956078 KPN NA KONINKLIJKE KPN NV 471,916.00 1,475,811.49

Page 6 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

5959378 ERICB S TELEFONAKTIEBOLAGET LM ER 34,069.00 428,505.63 5962332 STM FP STMICROELECTRONICS N.V 18,027.00 655,501.35 5999330 TEP FP TELEPERFORMANCE 1,137.00 461,668.22 6010906 2802 JP AJINOMOTO CO INC 16,100.00 418,328.63 6054409 2502 JP ASAHI BREWERIES 11,300.00 528,218.94 6055208 5201 JP AGC INC/JAPAN 7,700.00 322,599.82 6065586 ANZ AU AUST & NZ BANK GROUP 31,918.00 673,587.04 6089694 2492 TT WALSIN TECHNOLOGY CORP 54,000.00 440,466.42 6100476 HPCL IN HINDUSTAN PETROLEUM CORP 109,449.00 432,292.58 6101026 LICHF I LIC HOUSING FINANCE LTD 82,223.00 520,997.34 61174X109 MNST MONSTER BEVERAGE CORP 31,227.00 2,852,586.45 6125639 9613 JP NTT DATA CORPORATION 22,700.00 354,413.24 6139889 GTFL IN GARWARE TECHNICAL FIBRES 8,727.00 397,628.37 6141680 4716 JP ORACLE CORP JAPAN 9,500.00 725,980.96 6144690 BHP AU BHP GROUP LIMITED 84,076.00 3,058,096.72 6151593 MPHL IN MPHASIS LTD 16,655.00 479,103.01 6155227 20000 HANDSOME CO LTD 10,298.00 392,650.00 6155937 5830 DB INSURANCE CO LTD 7,995.00 389,382.89 6172323 7751 JP CANON, INC. 15,400.00 348,117.46 6173694 9697 JP CAPCOM CO LTD 57,700.00 1,686,719.51 617446448 MS MORGAN STANLEY 75,328.00 6,906,824.32 6175203 DBS SP DBS GROUP HOLDINGS LTD 22,000.00 489,550.02 6185495 CSL AU CSL LTD. 7,960.00 1,702,051.71 6189516 1040 CJ CORP 3,267.00 310,165.15 6189657 2610 TT CHINA AIRLINES LTD 579,000.00 396,112.94 6190682 1305 TT CHINA GENERAL PLASTICS 431,000.00 586,075.54 6195609 9502 JP CHUBU ELECTRIC POWER CO I 103,400.00 1,265,233.30

Page 7 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

6199571 36490 SK MATERIALS CO LTD 1,227.00 383,175.03 6206835 3026 TT HOLY STONE ENTERPRISE CO 75,000.00 390,051.86 6220103 RIO AU RIO TINTO LTD 13,871.00 1,314,783.83 6220738 1820 SAMWHA CAPACITOR CO LTD 5,768.00 308,930.76 6248990 9433 JP KDDI CORP 19,500.00 607,617.96 6251363 1925 JP DAIWA HOUSE INDUSTRY CO L 10,600.00 318,769.15 6253983 ALL AU ARISTOCRAT LEISURE LTD 66,830.00 2,157,009.13 6272513 2472 TT LELON ELECTRONICS CORP 156,000.00 399,853.80 629377508 NRG NRG ENERGY, INC. 75,864.00 3,057,319.20 6303866 SGX SP SINGAPORE EXCHANGE LTD 56,400.00 469,853.17 6304728 CESC IN CESC LTD 40,719.00 421,923.38 6305721 3044 TT TRIPOD TECHNOLOGY CORP 91,000.00 440,820.33 6315054 41830 INBODY CO LTD 12,563.00 337,020.60 6335171 8306 JP MITSUBISHI UFJ FIN GROUP 295,000.00 1,589,160.74 6335212 9939 TT TAIWAN HON CHUAN ENTERPRI 155,000.00 427,446.49 6340250 FPH NZ FISHER & PAYKEL HEALTH 36,216.00 787,635.11 6341446 FLI PM FILINVEST LAND INC 17,251,000.00 388,667.66 6352493 2449 TT KING YUAN 312,000.00 502,528.79 6352750 4849 JP EN JAPAN INC 32,600.00 1,157,681.83 6356365 6504 JP FUJI ELECTRIC CO LTD 52,700.00 2,460,216.44 6356945 6702 JP FUJITSU LTD 17,900.00 3,349,523.52 6388788 BIL IN BALKRISHNA INDUSTRIES LTD 10,931.00 329,711.38 6405869 11200 HMM CO LTD 8,634.00 336,643.69 6429104 6501 JP HITACHI LTD 12,500.00 716,436.47 6432801 6147 TT CHIPBOND TECHNOLOGY CORP 196,000.00 507,301.88 6436450 HLFG MK HONG LEONG FINANCIAL GROU 85,000.00 364,919.16 6441506 7741 JP HOYA CORP 22,200.00 2,936,798.55

Page 8 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

6467803 8001 JP ITOCHU CORP 28,500.00 822,470.14 6471439 8595 JP JAFCO GROUP CO LTD 17,900.00 1,116,260.15 6496584 6301 JP KOMATSU LTD 12,300.00 304,755.95 6497112 120 CJ LOGISTICS 2,056.00 322,913.40 6513126 8766 JP TOKIO MARINE HOLDINGS INC 28,700.00 1,322,108.39 6525422 36890 JINSUNG T.E.C. 26,909.00 316,424.91 65339F101 NEE NEXTERA ENERGY, INC. 45,818.00 3,357,543.04 6536112 2388 HK BOC HONG KONG HOLDINGS LT 96,500.00 327,076.99 6556648 MMC MK MMC CORP BHD 1,495,100.00 652,906.01 6563024 8316 JP SUMITOMO MITSUI FIN GROUP 14,800.00 510,254.13 6574101 2337 TT MACRONIX INTERNATIONAL 332,000.00 543,859.63 6580034 BDMN IJ BANK DANAMON INDONESIA TB 1,625,200.00 228,918.89 6591014 8411 JP MIZUHO FINANCIAL GROUP 40,020.00 573,664.25 6597045 6503 JP MITSUBISHI ELECTRIC CORP. 25,000.00 362,979.98 6597302 8031 JP MITSUI & CO LTD 25,300.00 569,977.28 6599483 6728 JP ULVAC INC 22,500.00 1,139,486.56 6599676 6239 TT POWERTECH TECHNOLOGY INC 88,000.00 339,344.90 6610403 6981 JP MURATA MANUFACTURING CO L 4,800.00 365,688.80 6612670 AP-R TB AP THAILAND PCL - NVDR 1,756,800.00 458,179.92 6639550 7974 JP NINTENDO CO LTD 1,200.00 694,501.39 6641373 9432 JP NIPPON TELEGRAPH & TELEPH 21,500.00 562,197.47 6643108 8604 JP NOMURA HOLDINGS INC 57,300.00 291,666.92 6643960 9101 JP NIPPON YUSEN KK 51,000.00 2,588,503.83 6657789 6103 JP OKUMA CORP 21,000.00 1,028,971.90 6659116 316 HK ORIENT OVERSEAS INTL 24,500.00 530,097.76 6661144 8591 JP ORIX CORP 46,400.00 784,340.62 6661768 9532 JP OSAKA GAS CO LTD 17,700.00 330,307.08

Page 9 of 20 USAA FUND HOLDINGS As of June 30, 2021

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CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

666807102 NOC NORTHROP GRUMMAN CORP. 8,092.00 2,940,875.56 6672964 6257 TT SIGURD MICROELECTRONICS C 206,000.00 413,826.30 6689533 2371 JP KAKAKU.COM INC 49,800.00 1,498,391.19 67066G104 NVDA NVIDIA CORP. 7,441.00 5,953,544.10 67103H107 ORLY O'REILLY AUTOMOTIVE, INC. 4,973.00 2,815,762.33 6724508 67160 AFREECATV CO LTD 5,409.00 571,638.27 6728469 8299 TT PHISON ELECTRONICS 22,000.00 378,410.36 6732200 3941 JP RENGO CO LTD 34,100.00 284,251.42 6770620 9984 JP SOFTBANK GROUP CORP 3,200.00 223,203.97 6771258 5500 SAMJIN PHARMACEUTICAL CO 10,638.00 261,217.87 6772671 12450 HANWHA TECHWIN CO LTD 13,303.00 554,915.44 6776703 STO AU SANTOS LTD 60,075.00 319,025.28 6776781 5929 JP SANWA HOLDINGS CORP 128,500.00 1,580,613.29 6804585 4063 JP SHIN-ETSU CHEMICAL 2,200.00 368,023.21 6804682 4507 JP SHIONOGI & CO LTD 30,400.00 1,584,540.74 681936100 OHI OMEGA HEALTHCARE INVESTOR 3,533.00 128,212.57 6821120 SHL AU SONIC HEALTHCARE LTD 14,227.00 409,875.03 6821506 6758 JP SONY GROUP CORP 20,900.00 2,026,889.48 6829618 SOMC IN SOMANY CERAMICS LTD 58,135.00 481,196.95 68389X105 ORCL ORACLE CORP. 42,389.00 3,299,559.76 6850856 SGP AU STOCKLAND 103,632.00 360,800.20 6858902 8830 JP SUMITOMO REALTY 29,000.00 1,037,318.92 6859927 16 HK SUN HUNG KAI 21,500.00 319,540.14 68902V107 OTIS OTIS WORLDWIDE CORP 35,256.00 2,882,883.12 6895675 8035 JP TOKYO ELECTRON LTD 1,600.00 691,908.42 6899967 2875 JP TOYO SUISAN KAISHA LTD 38,400.00 1,480,233.14 6900182 5105 JP TOYO TIRE CORP 18,900.00 400,263.25

Page 10 of 20 USAA FUND HOLDINGS As of June 30, 2021

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CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

6900289 4042 JP TOSOH CORP 18,400.00 317,310.67 6900643 7203 JP TOYOTA MOTOR CORP 71,900.00 6,285,922.30 6907310 2006 TT TUNG HO STEEL ENTERPRISE 323,000.00 608,560.30 693506107 PPG PPG INDUSTRIES, INC. 15,597.00 2,647,902.69 693718108 PCAR PACCAR, INC. 30,264.00 2,701,062.00 6985383 4503 JP ASTELLAS PHARMA INC 25,600.00 446,182.81 6985565 9064 JP YAMATO HOLDINGS CO LTD 12,500.00 355,223.06 6987583 2609 TT YANG MING MARINE TRANSPOR 110,000.00 720,099.33 6988155 14680 HANSOL CHEMICAL CO 2,827.00 615,967.31 7088429 CS FP AXA SA 20,316.00 515,808.51 7103065 NOVN SW NOVARTIS AG-REG 46,989.00 4,287,804.56 7110388 ROG SW ROCHE HOLDING AG 15,503.00 5,843,700.53 7110720 ADEN SW ADECCO GROUP AG 44,657.00 3,039,363.45 7110753 HOLN SW HOLCIM LTD 7,433.00 446,904.29 7123870 NESN SW NESTLE SA 64,568.00 8,050,387.96 7133608 EQNR NO EQUINOR ASA 16,596.00 351,473.93 7144569 ENEL IM ENEL SPA 316,383.00 2,939,752.73 7156036 SOON SW SONOVA HOLDING AG REG 964.00 363,193.37 717081103 PFE PFIZER, INC. 96,602.00 3,782,934.32 718172109 PM US PHILIP MORRIS INT'L, INC. 70,074.00 6,945,034.14 72352L106 PINS PINTEREST INC 45,396.00 3,584,014.20 7251470 SRG IM SNAM SPA 258,825.00 1,497,058.49 7309681 BNP LI BNP PARIBAS 10,322.00 647,726.78 7333378 LONN SW LONZA GROUP AG 672.00 476,547.71 7370063 MELE BB MELEXIS NV 13,376.00 1,390,466.80 7380482 SGO FP CIE DE SAINT-GOBAIN 10,622.00 700,923.14 74144T108 TROW T ROWE PRICE GROUP, INC. 14,800.00 2,929,956.00

Page 11 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

743315103 PGR PROGRESSIVE CORP. 27,767.00 2,726,997.07 74340W103 PLD PROLOGIS INC 11,417.00 1,364,674.01 7437805 SLHN SW SWISS LIFE HOLDING AG 2,164.00 1,052,969.98 744320102 PRU PRUDENTIAL FINANCIAL, INC 54,630.00 5,597,936.10 74460D109 PSA PUBLIC STORAGE 2,437.00 732,781.53 7538515 TEN IM TENARIS SA 37,316.00 408,198.38 756109104 O REALTY INCOME CORP 5,409.00 360,996.66 758849103 REG REGENCY CENTERS CORP. 2,643.00 169,337.01 773903109 ROK ROCKWELL AUTOMATION, INC. 10,105.00 2,890,232.10 77543R102 ROKU ROKU INC 8,685.00 3,988,586.25 78409V104 SPGI S&P GLOBAL INC 7,872.00 3,231,062.40 78410G104 SBAC SBA COMMUNICATIONS CORP 1,722.00 548,801.40 78486Q101 SIVB SVB FINANCIAL GROUP 9,413.00 5,237,675.59 824348106 SHW SHERWIN-WILLIAMS CO 10,305.00 2,807,597.25 828806109 SPG SIMON PROPERTY GROUP, INC 5,129.00 669,231.92 82968B103 SIRI SIRIUS XM HOLDINGS INC 429,857.00 2,811,264.78 83304A106 SNAP SNAP INC 51,058.00 3,479,092.12 852234103 SQ SQUARE INC - A 12,806.00 3,122,102.80 863667101 SYK STRYKER CORP. 12,309.00 3,197,016.57 866674104 SUI US SUN COMMUNITIES INC 1,666.00 285,552.40 87612E106 TGT TARGET CORP. 29,625.00 7,161,547.50 880890108 TX TERNIUM SA 13,256.00 509,825.76 88160R101 TSLA TESLA INC 7,539.00 5,124,258.30 882508104 TXN INSTRUMENTS, INC. 36,702.00 7,057,794.60 883556102 TMO THERMO FISHER SCIENTIFIC 7,682.00 3,875,338.54 88579Y101 MMM 3M CO. 32,126.00 6,381,187.38 90138A103 VNET 21VIANET GROUP INC-ADR 9,881.00 226,768.95

Page 12 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

902494103 TSN TYSON FOODS, INC. - CL A 34,678.00 2,557,849.28 902653104 UDR UDR INC 4,562.00 223,446.76 91324P102 UNH UNITEDHEALTH GROUP, INC. 33,516.00 13,421,147.04 92276F100 VTR VENTAS, INC. 5,784.00 330,266.40 92339V308 VER VEREIT INC 3,365.00 154,554.45 92343E102 VRSN VERISIGN, INC. 11,994.00 2,730,913.86 92343V104 VZ VERIZON COMMUNICATIONS 132,520.00 7,425,095.60 925652109 VICI VICI PROPERTIES INC 8,306.00 257,652.12 928563402 VMW VMWARE INC 16,771.00 2,682,856.87 929042109 VNO VORNADO REALTY TRUST 2,532.00 118,168.44 92936U109 WPC WP CAREY INC 2,716.00 202,667.92 931427108 WBA WALGREENS BOOTS ALLIANCE 53,626.00 2,821,263.86 941848103 WAT WATERS CORP. 8,547.00 2,953,928.67 949746101 WFC WELLS FARGO & CO. 77,615.00 3,515,183.35 95040Q104 WELL WELLTOWER INC 6,426.00 534,000.60 962166104 WY WEYERHAEUSER CO. 11,739.00 404,056.38 98978V103 ZTS ZOETIS INC 17,474.00 3,256,454.64 B00GJN3 3220 DAEWON PHARMACEUTICAL 16,334.00 240,132.58 B00VS64 39490 KIWOOM SECURITIES CO LTD 3,125.00 363,156.53 B010V49 RAPT4 B RANDON PARTICIPACOES SA 160,600.00 438,217.24 B01FLQ6 ACS SM ACS ACTIVIDADES 15,114.00 405,134.06 B03MLX2 RDSA LN ROYAL DUTCH SHELL PLC 99,787.00 2,000,237.87 B03MNV4 AEFES T ANADOLU EFES BIRACILIK VE 106,995.00 273,861.99 B03MVW1 LOGO TI LOGO YAZILIM 56,452.00 215,789.62 B03MXR0 SISE TI TURK SISE VE CAM 393,767.00 345,980.84 B058TZ6 SAF FP SAFRAN SA 13,461.00 1,867,931.34 B05NXN7 868 HK XINYI GLASS HOLDINGS LTD 120,000.00 488,946.73

Page 13 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

B0704T9 RBI AV RAIFFEISEN BANK INTL AG 8,773.00 199,109.81 B07DRZ5 REC IM RECORDATI SPA 32,086.00 1,835,170.02 B0DJNG0 LDO IM LEONARDO SPA 38,265.00 309,579.04 B0FS5D6 3382 JP SEVEN & I HOLDINGS CO LTD 8,000.00 383,258.46 B0LC9F2 BALDB FASTIGHETS AB BALDER 5,165.00 323,876.87 B0LCW08 HIK LN HIKMA PHARMACEUTICALS PLC 10,021.00 339,082.23 B0LGG75 MING NO SPAREBANK 1 SMN 54,050.00 749,180.95 B0RJCG9 425 HK MINTH GROUP LTD 60,000.00 284,564.40 B0Z5YZ2 AKE FP ARKEMA SA 15,630.00 1,964,205.69 B10RZP7 ULVR LN UNILEVER PLC 9,062.00 529,451.22 B119QG0 PGHN SW PARTNERS GROUP HOLDING AG 1,353.00 2,051,630.12 B12G4M2 JKLC IN JK LAKSHMI CEMENT LTD 76,939.00 598,434.78 B15C4L6 CSU CN CONSTELLATION SOFTWARE IN 2,056.00 3,114,373.86 B15C557 TTE FP TOTALENERGIES SE 45,917.00 2,079,871.35 B15F6S6 CHC AU CHARTER HALL GROUP 37,075.00 429,165.68 B17KC69 WIL SP WILMAR INTERNATIONAL LTD. 135,900.00 455,741.13 B18ZRK2 LOGN SW LOGITECH INTERNATIONAL SA 9,080.00 1,102,994.78 B1DYPZ5 3968 HK CHINA MERCHANTS BANK CO L 90,500.00 770,916.32 B1FFT76 IMP SJ IMPALA PLATINUM HOLDINGS 28,013.00 460,986.55 B1FJ6T9 BACHOCO INDUS BACHOC-B 92,822.00 350,574.88 B1FN8X9 MOCORP METSO OUTOTEC OYJ 53,185.00 617,907.17 B1HKSV6 BGN IM BANCA GENERALI SPA 45,816.00 1,957,047.93 B1L95G3 AKERBP AKER BP ASA 32,954.00 1,050,833.11 B1Q3J35 SKFB SS SKF AB - B SHARES 17,037.00 434,369.17 B1QH830 VOLVB S VOLVO AB 22,371.00 539,285.79 B1TQ2V0 RBX SJ RAUBEX GROUP LTD 145,480.00 331,226.95 B1VP947 AOX GR ALSTRIA OFFICE REIT-AG 13,451.00 248,493.79

Page 14 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

B1VQ252 SAND SS SANDVIK AB 14,628.00 374,142.22 B1XZS82 AAL LN ANGLO AMERICAN PLC 33,365.00 1,327,547.18 B1Y4WK8 SLCE3 B SLC AGRICOLA 30,100.00 310,611.28 B1YW440 III LN 3I GROUP PLC 45,115.00 732,063.06 B27WY88 DTEX3 B DURATEX SA 51,800.00 247,896.73 B28XVV2 TENERGY TERNA ENERGY SA 22,806.00 321,743.81 B28YTC2 MQG AU MACQUARIE GROUP LTD 13,676.00 1,601,978.34 B292RC1 3092 JP ZOZO INC 48,700.00 1,651,431.95 B2QRR85 RITE IN RITES LTD 53,740.00 199,868.93 B2RCGV5 TTKOM T TURK TELEKOMUNIKASYON AS 263,433.00 201,017.29 B2RM9B6 95610 TES CO LTD 14,764.00 412,857.96 B39GNW2 EDPR PL EDP RENOVAVEIS SA 18,205.00 422,337.35 B3SQ798 119860 DANAWA CO LTD 9,672.00 260,714.16 B44XTX8 PNDORA PANDORA A/S 2,797.00 377,411.62 B4R2R50 BAER SW JULIUS BAER GROUP LTD 7,940.00 518,727.23 B4T5HX5 2233 TT TURVO INTL CO LTD 81,000.00 402,394.59 B4TX8S1 1299 HK AIA GROUP LTD. 224,000.00 2,778,921.23 B544N70 1157 HK ZOOMLION HEAVY INDUSTRY S 208,800.00 218,560.50 B54JP79 INRI MK INARI AMERTRON BHD 464,800.00 355,769.96 B575D14 PXT CN PAREX RESOURCES INC 83,261.00 1,390,594.40 B5LKNN7 1600 HK CHINA TIAN LUN GAS HOLD 338,500.00 349,317.40 B5MY7H0 2723 TT GOURMET MASTER CO LTD 67,000.00 409,930.74 B6RV676 4966 TT PARADE TECHNOLOGIES LTD 10,000.00 496,304.56 B71N6K8 EVR LN EVRAZ PLC 184,409.00 1,512,721.46 B724LT4 4536 TT TOPKEY CORP 60,000.00 338,003.70 B8F2T65 3669 HK CHINA YONGDA AUTOMOBILES 239,000.00 427,752.35 B8F6ZF8 VESTA* CORP INMOBILIARIA VESTA S 214,364.00 417,126.34

Page 15 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

B929F46 ASML NA ASML HOLDING N.V. 1,079.00 744,764.42 B94K2F7 99190 I SENS INC 8,085.00 218,472.33 B97DSV1 CNE CN CANACOL ENERGY LTD 80,136.00 219,187.54 B97NLT0 6412 TT CHICONY POWER TECHNOLOGY 179,000.00 465,005.94 B9895B7 CCH LN COCA-COLA HBC AG 54,642.00 1,977,580.14 B9G6L89 LEG GR LEG IMMOBILIEN SE 2,769.00 398,568.26 BB96Z33 175330 JB FINANCIAL GROUP CO LTD 58,374.00 391,034.17 BC43RR4 ASBL IN ASHOKA BUILDCON LTD 225,252.00 336,035.61 BC9S4J5 354 HK CHINASOFT INTERNATIONAL 302,000.00 549,314.32 BCRWZ18 CFR SW CIE FINANCIERE RICHEMONT 2,625.00 318,311.14 BD0Q398 AD NA KONINKLIJKE AHOLD DELHZ 26,473.00 788,259.17 BD2X4V6 EQUITAS EQUITAS HOLDINGS LTD 258,664.00 327,837.63 BD3D170 3288 JP OPEN HOUSE CO LTD 7,700.00 361,869.82 BD4CB76 SEQ IN SEQUENT SCIENTIFIC LTD 158,000.00 666,482.58 BD4G349 KL CN KIRKLAND LAKE GOLD LTD 29,412.00 1,133,622.11 BD5C7Z5 2463 WUS PRINTED CIRCUIT KUNSH 153,400.00 367,125.21 BD97BS7 ATCOB S ATLAS COPCO AB B SHARES 56,690.00 2,986,533.64 BDD7WV3 NRP SJ NEPI ROCKCASTLE PLC 1.00 7.09 BDHXP63 166090 HANA MATERIALS INC 9,284.00 380,625.08 BDRTVP2 GENS SP GENTING SINGAPORE PLC 465,500.00 290,011.12 BDVZYZ7 RMG LN ROYAL MAIL PLC 40,304.00 322,219.44 BF4GP25 TRAXION GRUPO TRAXION SAB DE CV 197,604.00 371,524.43 BF8GMG4 NEOE3 B NEOENERGIA SA 65,500.00 228,773.22 BFN2YR2 DALBHAR DALMIA BHARAT LTD 17,969.00 458,094.50 BFSSBH4 CMBN SW CEMBRA MONEY BANK AG 11,199.00 1,256,763.11 BFT7KB7 FB IN FEDERAL BANK LTD 366,403.00 430,374.93 BFY8H70 300685 AMOY DIAGNOSTICS CO LTD 21,200.00 341,167.87

Page 16 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

BFZ8G27 HEAL IJ MEDIKALOKA HERMINA TBK PT 706,400.00 272,924.52 BG087C6 ETE GA NATIONAL BANK OF GREECE S 157,409.00 448,591.93 BG0SC10 FDJ FP LA FRANCAISE DES JEUX SAE 28,904.00 1,699,858.96 BG1Z6X0 RA MM REGIONAL SAB DE CV 69,571.00 409,237.07 BGMHP50 3316 HK BINJIANG SERVICE GROUP CO 88,500.00 383,182.73 BH0VXF7 1268 HK CHINA MEIDONG AUTO HOLDIN 136,000.00 740,926.28 BH4HKS3 VOD LN VODAFONE GROUP PLC 270,416.00 453,162.00 BHNG898 1755 HK S-ENJOY SERVICE GROUP CO 101,000.00 307,157.35 BJ1F880 NEXI IM NEXI SPA 21,234.00 466,566.33 BJ2KSG2 AKZA NA AKZO NOBEL N.V 2,621.00 324,495.31 BJ6F4P4 1890 HK CHINA KEPEI EDUCATION GRO 382,000.00 275,858.13 BJ8PD99 TITC GA TITAN CEMENT INTL 21,754.00 422,139.79 BJ9K2H4 CIFC IN CHOLAMANDALAM INVEST 78,947.00 546,194.89 BJDS7L3 PRX NA PROSUS 6,453.00 632,108.54 BJVNSS4 FERG LN FERGUSON PLC 2,645.00 367,940.21 BJYRDP5 GTT FP GAZTRANSPORT ET TECHNIGAZ 9,456.00 764,978.71 BLBFH65 9922 HK JIUMAOJIU INTERNATIONAL H 110,000.00 449,614.49 BLD0BZ5 LJQQ3 B LOJAS QUERO QUERO S/A 114,700.00 528,387.56 BLGZ986 TSCO LN TESCO PLC 184,547.00 570,019.72 BLLHKZ1 288 HK WH GROUP LTD 383,500.00 344,239.45 BLZH0Z7 SCG AU SCENTRE GROUP 702,830.00 1,437,927.42 BM9DFQ4 ACS ACTIVIDADES DE-RTS 15,330.00 21,446.91 BMC4304 SIMH3 B SIMPAR SA 45,054.00 503,881.50 BMD8KX7 STLA IM STELLANTIS NV 41,950.00 825,199.02 BMMV2K8 700 HK TENCENT HOLDINGS LTD 14,200.00 1,069,181.18 BMWPW33 BOL SS BOLIDEN AB NPV 13,381.00 515,044.83 BN0SMB9 CNE LN CAIRN ENERGY PLC 120,858.00 244,086.49

Page 17 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

BNDPYV1 ERF FP EUROFINS SCIENTIFIC 4,746.00 542,775.90 BNDTGN9 APAT IN APL APOLLO TUBES 28,870.00 633,443.79 BNG8PQ9 NN NA NN GROUP NV 9,438.00 445,791.04 BP09MR2 SWMA SS SWEDISH MATCH AB 69,918.00 596,443.74 BP4JH17 179 HK JOHNSON ELECTRIC HOLDINGS 104,000.00 267,984.01 BRJL176 UBSG SW UBS GROUP AG 152,596.00 2,337,978.99 BSTLJW4 178920 SKCKOLONPI INC 8,555.00 416,936.72 BTSTNQ8 DSKY RM DETSKY MIR PJSC 168,020.00 347,644.39 BW9ZP82 BULL IJ BUANA LINTAS LAUTAN TBK P 12,197,100.00 237,448.96 BWT5WS1 214150 CLASSYS INC 19,691.00 316,025.64 BX8ZX20 RBREW D ROYAL UNIBREW 15,626.00 1,991,412.62 BXRTT03 DMAS IJ PURADELTA LESTARI 19,350,700.00 256,880.01 BYNKP98 1515 HK CHINA RESOURCES MEDICAL H 264,500.00 321,390.86 BYPBS67 MT NA ARCELORMITTAL 14,166.00 436,076.79 BYT16L4 ORSTED ORSTED A/S 2,628.00 368,925.52 BYT1DJ1 ICP LN INTERMEDIATE CAPITAL 34,672.00 1,019,670.67 BYTBWY9 1COV GR COVESTRO AG 4,516.00 291,962.53 BYWH8S0 HFG GR HELLOFRESH SE 3,991.00 387,914.79 BYWKBQ8 JKIL IN J KUMAR INFRAPROJECTS LTD 148,128.00 377,848.62 BYXS699 QIA GR QIAGEN NV 6,756.00 326,535.43 BYXW419 MRP SJ MR PRICE GROUP LTD 24,886.00 365,638.72 BYY2WB4 ALKEM I ALKEM LABORATORIES LTD 6,750.00 290,831.38 BYYHL23 ABI BB ANHEUSER-BUSCH IN BEV SA 5,411.00 390,025.45 BYZ2QP5 DIM FP SARTORIUS STEDIM 1,179.00 557,942.01 BYZQ077 1113 HK CK ASSET HOLDINGS LTD 351,500.00 2,419,441.89 BYZR014 AMUN FP AMUNDI SA 3,509.00 309,452.53 BZ0W5W7 MDKA IJ MERDEKA COPPER GOLD TBK P 1,803,000.00 366,672.91

Page 18 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

BZ1G175 145020 HUGEL INC 2,115.00 450,970.83 BZ57390 INGA NA ING GROEP NV 165,728.00 2,199,665.92 BZ8TP86 240810 WONIK IPS CO LTD 8,267.00 363,803.33 G0403H108 AON AON PLC 11,168.00 2,666,471.68 G1151C101 ACN ACCENTURE PLC 12,059.00 3,554,872.61 G29183103 ETN EATON CORP PLC 40,267.00 5,966,764.06 G4705A100 ICLR ICON PLC 3,455.00 714,183.05 G51502105 JCI US INTL 44,458.00 3,051,152.54 G6095L109 APTV APTIV PLC 18,985.00 2,986,910.05 G8994E103 TT TRANE TECHNOLOGIES PLC 15,849.00 2,918,434.86 H84989104 TEL TE CONNECTIVITY LTD. 20,936.00 2,830,756.56 INRCGTAX INDIA CAP GAIN TAX -366,410.77 -366,410.77 N53745100 LYB LYONDELLBASELL INDUSTRIES 24,889.00 2,560,331.43 N6596X109 NXPI NXP SEMICONDUCTOR NV 14,522.00 2,987,465.84 P1666E105 BWMX US BETTERWARE DE MEXICO SAB 6,994.00 349,839.88 THBCGTAX THAILAND CAP GAIN TAX -6,583.01 -6,583.01

Total: 885,008,131.35

Page 19 of 20 USAA FUND HOLDINGS As of June 30, 2021

USAA CAPITAL GROWTH FUND

CUSIP TICKER SECURITY NAME SHARES/PAR/CONTRACTS MARKET VALUE

Portfolio holdings are subject to change, are unaudited, and do not represent any type of recommendation. The Funds are distributed by Victory Capital Services, Inc. (“VCS”), member FINRA and SIPC. Victory Capital Management Inc., an affiliate of VCS, is the investment advisor to the Funds and receives a fee from the Funds for its services. Shares of the Fund may be subject to sales charges and other fees. An investor should consider the Fund’s investment objectives, risks and charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the Fund’s prospectus. To obtain a prospectus, please call 1-800-235-8396 or visit www.vcm.com/prospectus. Please read the prospectus carefully before investing.

As of July 1, 2019, Victory Capital Management Inc. is the investment advisor for USAA Mutual Funds.

Victory Capital means Victory Capital Management Inc., the investment adviser of the USAA Mutual Funds. USAA Mutual Funds are distributed by Victory Capital Services, Inc., member of FINRA, an affiliate of Victory Capital. Victory Capital and its affiliates are not affiliated with United Services Automobile Association or its affiliates. USAA and the USAA logos are registered trademarks and the USAA Mutual Funds and USAA Investments logos are trademarks of United Services Automobile Association and are being used by Victory Capital and its affiliates under license.

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