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USAA Short-Term Bond Fund (USSBX)

9.14
Net Asset Value
0.00%
1 Day
-0.22%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.59%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income consistent with preservation of principal. The fund normally invests at least 80% of its assets in a broad range of investment-grade debt securities that have a dollar-weighted average portfolio maturity of three years or less. The debt securities in which the fund may invest include- among others- obligations of U.S.- state- and local governments- their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics.

Performance

1 month-0.04% 3 years+1.62%
3 months-0.14% 5 years+1.52%
1 year+2.09% Since inception+3.93%
Data through --

Peer Comparisonvs. Short-term bond

 USSBXCategory
Performance 5-yr return+1.52%+1.15%
Expense ratio0.59%0.76%
Risk 5 year sharpe ratio1.200.70
Net assets$3.3B$2.2B
Average market cap--$44.0B
Average P/E--22.8
Portfolio turnover31%31%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureJulianne Bass / 11 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income94.80%
Cash4.79%
Other0.40%
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
-- 1.66%
-- 1.35%
-- 0.76%
-- 0.76%
-- 0.76%
-- 0.67%
-- 0.61%
-- 0.60%
-- 0.56%
-- 0.53%