USAA Tax Exempt Intermediate-Term Fund (USATX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
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.


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

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%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


Fixed income99.06%
U.S. stock0.00%
International stock0.00%
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%

To view my watchlist

Not a member yet?

Sign up now for a free account

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.