USAA Tax Exempt Short-Term Fund (USSTX)

10.71
Net Asset Value
0.00%
1 Day
+0.19%
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+0.30% 3 years+1.51%
3 months+0.27% 5 years+2.37%
1 year+1.52% Since inception+4.78%
Data through --

Peer Comparisonvs. Muni national short

 USSTXCategory
Performance 5-yr return+2.37%+1.68%
Expense ratio0.55%0.73%
Risk 5 year sharpe ratio2.391.37
Net assets$2.0B$2.1B
Average market cap----
Average P/E----
Portfolio turnover14%14%

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Fund Management and Purchase Info

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

Holdings

Fixed income85.43%
Cash14.57%
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
-- California Statewide Cmntys De Ctfs1.69%
-- Washington St Health Care Facs Var Rate1.43%
-- Port Port Arthur Tex Nav Dist1.43%
-- St James Parish La Rev Var Rate1.42%
-- Luzerne Cnty Pa Go Notes1.41%
-- New Jersey Econ Dev Auth1.36%
-- Arizona Health Facs Auth1.24%
-- Delaware Valley Pa Regl Fin Au Loc Govt1.24%
-- Dickinson Cnty Mich Econ D Rev Ref 4.8%1.23%
-- New York N Y Go Ref Bd 5%1.06%

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