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USAA Short-Term Bond Fund (USSBX)

9.20
Net Asset Value
0.00%
1 Day
+0.77%
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+0.15% 3 years+1.72%
3 months+0.38% 5 years+1.69%
1 year+1.93% Since inception+3.97%
Data through --

Peer Comparisonvs. Short-term bond

 USSBXCategory
Performance 5-yr return+1.69%+1.17%
Expense ratio0.59%0.77%
Risk 5 year sharpe ratio1.370.82
Net assets$3.2B$2.3B
Average market cap--$43.8B
Average P/E--21.2
Portfolio turnover31%31%

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Fund Management and Purchase Info

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

Holdings

Fixed income93.53%
Cash6.20%
Other0.26%
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%
-- 1.36%
-- 0.76%
-- 0.76%
-- 0.76%
-- 0.66%
-- 0.60%
-- 0.60%
-- 0.60%
-- 0.56%