USAA Income Fund (USAIX)

12.71
Net Asset Value
-0.08%
1 Day
-3.27%
Year-to-Date
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
0.49%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks maximum current income without undue risk to principal. The fund invests its assets primarily in U.S. dollar-denominated debt securities- including- among others- obligations of U.S.- state- and local governments; their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities- and repurchase agreements that have been selected for their high yields relative to the risk involved. It will invest primarily in investment-grade securities but also may invest up to 10% of its net assets in below-investment-grade securities- which are sometimes referred as high-yield or "junk" bonds.

Performance

1 month-0.37% 3 years+1.90%
3 months-1.80% 5 years+2.25%
1 year+0.54% Since inception+7.94%
Data through --

Peer Comparisonvs. Intermediate-term bond

 USAIXCategory
Performance 5-yr return+2.25%+1.73%
Expense ratio0.49%0.77%
Risk 5 year sharpe ratio0.710.48
Net assets$7.8B$4.4B
Average market cap$46.3B$5.2B
Average P/E14.7--
Portfolio turnover9%9%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureJulianne Bass / 5 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income97.17%
Other1.95%
U.S. stock0.40%
Cash0.36%
International stock0.12%
Top 5 Sectors
Portfolio weighting
Healthcare 33.80%
Utilities 24.59%
Consumer goods 14.51%
Telecommunication 13.75%
Energy 13.35%
Top 10 Holdings
Portfolio weighting
-- 0.98%
-- 0.85%
-- 0.80%
-- 0.72%
-- 0.69%
-- 0.67%
-- 0.60%
-- 0.59%
-- 0.49%
-- 0.44%