Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

USAA Short-Term Bond Fund (USSBX)

Net Asset Value
1 Day
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+0.17% 3 years+1.78%
3 months+0.59% 5 years+2.16%
1 year+2.62% Since inception+4.06%
Data through --

Peer Comparisonvs. Short-term bond

Performance 5-yr return+2.16%+1.69%
Expense ratio0.62%0.82%
Risk 5 year sharpe ratio1.941.25
Net assets$3.2B$2.2B
Average market cap--$43.4B
Average P/E--18.6
Portfolio turnover22%22%

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 & tenureR. Freund / 14 Years
Minimal initial investment$3,000.00
Minimum IRA investment--


Fixed income83.20%
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
-- 1.67%
-- 1.37%
-- 0.77%
-- 0.76%
-- 0.76%
-- 0.61%
-- 0.60%
-- 0.60%
-- 0.60%
-- 0.60%

Search for Jobs