# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001683863-23-001237
**Filing Date:** 2023-2
**Character Count:** 3004
**Document Hash:** 5b2f4294f862464668a88c774101ca6c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683863-23-001237.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001683863-23-001237

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**EFFECTIVENESS DATE**: 20230223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-181176
- **FILM NUMBER:** 23656469

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares ESG Core Plus Bond ETF (Series ID: S000073698)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000230774 | VictoryShares ESG Core Plus Bond ETF | UBND            |

**Victory Portfolios II**

**VictoryShares ESG Core Plus Bond ETF (UBND)**

**Supplement dated February 23, 2023, to the Summary Prospectus dated November 1, 2022, as supplemented**

**This supplement amends the Summary Prospectus of the above-referenced Fund and is in addition to any other supplements. Please review this important information carefully.**

The Board of Trustees of Victory Portfolios II (the "Trust") upon recommendation of Victory Capital Management Inc., the Trust's investment adviser, approved a change in the name of the VictoryShares ESG Core Plus Bond ETF (the "Fund") to create a more clear and uniform naming convention relative to competitor offerings and other Adviser products. The Fund will be referred to as follows:

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Current Name** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Name** |
| &nbsp;&nbsp;VictoryShares ESG Core Plus Bond ETF | &nbsp;&nbsp;VictoryShares Core Plus Intermediate Bond ETF |

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In addition, USAA Investments, a Victory Capital Management Inc. Investment Franchise, that currently manages the Fund, will change its name to Victory Income Investors. These changes are expected to become effective at the start of business on April 24, 2023.

If you wish to obtain more information, please call the Victory Funds at 800-539-FUND (800-539-3863) or your financial advisor.

**PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE.**