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USAA Tax Exempt Intermediate-Term Fund (USATX)

13.39
Net Asset Value
0.00%
1 Day
-1.62%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.55%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks interest income that is exempt from federal income tax. The fund invests primarily in investment-grade securities the interest from which is exempt from federal income tax (referred to herein as "tax-exempt securities"). During normal market conditions, at least 80% of its net assets will consist of tax-exempt securities. The fund's dollar-weighted average portfolio maturity is between three and 10 years.

Performance

1 month+0.14% 3 years+2.84%
3 months+0.62% 5 years+4.00%
1 year+1.89% Since inception+6.79%
Data through --

Peer Comparisonvs. Muni national interm

 USATXCategory
Performance 5-yr return+4.00%+3.74%
Expense ratio0.55%0.83%
Risk 5 year sharpe ratio1.290.96
Net assets$3.9B$1.6B
Average market cap--$28.4B
Average P/E--12.2
Portfolio turnover4%4%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureRegina Shafer / 12 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income98.44%
Cash1.56%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.12%
-- 0.87%
-- 0.82%
-- 0.81%
-- 0.81%
-- 0.79%
-- 0.77%
-- 0.77%
-- 0.74%
-- 0.72%

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