USAA Precious Metals and Minerals Fund Adviser Shares (UPMMX)

Net Asset Value
1 Day
Overall Morningstar Rating
Equity precious metals
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation and to protect the purchasing power of capital against inflation. The fund normally invests at least 80% of its assets in the equity securities of domestic and foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds. It is non-diversified.


1 month+14.66% 3 years-26.21%
3 months+15.12% 5 years--
1 year-4.37% Since inception-18.34%
Data through --

Peer Comparisonvs. Equity precious metals

Performance 5-yr return---14.02%
Expense ratio1.40%1.44%
Risk 5 year sharpe ratio-0.36-0.33
Net assets$760.3M$490.5M
Average market cap$3.9B$3.1B
Average P/E----
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureDan Denbow / 6 Years
Minimal initial investment$3,000.00
Minimum IRA investment$3,000.00


International stock86.10%
U.S. stock8.70%
Fixed income3.49%
Top 5 Sectors
Portfolio weighting
Industrial materials 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- Goldcorp Inc6.26%
-- Eldorado Gold Corp5.56%
GOLD Randgold Resources Ltd ADR5.52%
RGLD Royal Gold Inc4.26%
-- Tahoe Resources Inc3.97%
BVN Buenaventura Mining Co Inc ADR3.96%
NEM Newmont Mining Corp3.90%
-- Newcrest Mining Ltd3.73%
-- Agnico Eagle Mines Ltd3.56%
-- Silver Wheaton Corp3.49%

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