USAA Cornerstone Moderate Fund (USBSX)

15.19
Net Asset Value
+0.46%
1 Day
+0.73%
Year-to-Date
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
1.33%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return. The fund invests in equity securities, bonds, money market instruments and other instruments. It will have a target asset class allocation of approximately 50% equity securities and 50% fixed-income securities. The implementation of the asset allocation may involve the extensive use of equity and fixed-income exchange-traded funds (ETFs). The fund may invest in investment-grade and below-investment grade securities.

Performance

1 month+0.20% 3 years+7.92%
3 months+1.31% 5 years+7.91%
1 year+6.64% Since inception+6.56%
Data through --

Peer Comparisonvs. Moderate allocation

 USBSXCategory
Performance 5-yr return+7.91%+9.43%
Expense ratio1.33%1.29%
Risk 5 year sharpe ratio0.941.04
Net assets$1.1B$2.9B
Average market cap$29.2B$47.8B
Average P/E16.817.8
Portfolio turnover46%46%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureArnold Espe / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income38.88%
U.S. stock26.56%
International stock24.23%
Other6.87%
Cash3.46%
Top 5 Sectors
Portfolio weighting
Financial service 18.69%
Industrial materials 13.56%
Consumer goods 11.63%
Healthcare 11.44%
Energy 10.09%
Top 10 Holdings
Portfolio weighting
EFA iShares MSCI EAFE7.51%
IEMG iShares Core MSCI Emerging Markets4.16%
EWG iShares MSCI Germany4.15%
IEFA iShares Core MSCI EAFE4.00%
IJH iShares Core S&P Mid-Cap3.55%
-- US Treasury Note 2.75%3.08%
-- US Treasury Note 1.75%2.77%
IJR iShares Core S&P Small-Cap2.52%
GILD Gilead Sciences Inc1.00%
-- US Treasury Note 2.5%1.00%

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