USAA Tax Exempt Intermediate-Term Fund (USATX)

13.44
Net Asset Value
0.00%
1 Day
+2.44%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.54%
Expense Ratio
Above 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+0.67% 3 years+6.19%
3 months+2.19% 5 years+6.49%
1 year+0.87% Since inception+6.92%
Data through --

Peer Comparisonvs. Muni national interm

 USATXCategory
Performance 5-yr return+6.49%+4.99%
Expense ratio0.54%0.83%
Risk 5 year sharpe ratio1.571.20
Net assets$3.4B$1.5B
Average market cap----
Average P/E----
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureRegina Shafer / 10 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income99.06%
Cash0.94%
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
-- Harris Cnty Tex Indl Dev Corp Rev Bds 5%1.42%
-- California St Go Bds 5.75%1.04%
-- Denver Colo Health & Hosp Auth 4.75%1.02%
-- Golden St Tob Securitization C Enhanced0.96%
-- New York N Y City Transitional Future 5%0.95%
-- New York St Dorm Auth 5%0.88%
-- California St Go Bds 5.25%0.75%
-- New Jersey St Tpk Auth 5%0.75%
-- Farmington N Mex Pollutn Ctl R Poll 5.2%0.73%
-- Los Angeles Calif Dept Wtr & P Pwr 4.75%0.71%

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