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USAA Tax Exempt Short-Term Fund (USSTX)

10.61
Net Asset Value
+0.09%
1 Day
-0.75%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.55%
Expense Ratio
Below 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 three years or less.

Performance

1 month+0.23% 3 years+1.00%
3 months+0.02% 5 years+1.87%
1 year+0.58% Since inception+4.70%
Data through --

Peer Comparisonvs. Muni national short

 USSTXCategory
Performance 5-yr return+1.87%+1.50%
Expense ratio0.55%0.72%
Risk 5 year sharpe ratio2.011.09
Net assets$1.9B$2.0B
Average market cap----
Average P/E----
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureRegina Shafer / 12 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income80.31%
Cash19.69%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.70%
-- 1.41%
-- 1.36%
-- 1.26%
-- 1.25%
-- 1.08%
-- 1.05%
-- 1.04%
-- 1.01%
-- 0.98%