USAA Tax Exempt Short-Term Fund (USSTX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
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.


1 month+0.04% 3 years+1.70%
3 months+0.39% 5 years+2.53%
1 year+1.72% Since inception+4.82%
Data through --

Peer Comparisonvs. Muni national short

Performance 5-yr return+2.53%+2.16%
Expense ratio0.55%0.73%
Risk 5 year sharpe ratio2.461.48
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--


Fixed income85.80%
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
-- California Statewide Cmntys De Ctfs1.70%
-- Emmaus Pa Gen Auth 1.06%1.47%
-- Washington St Health Care Facs Var Rate1.44%
-- St James Parish La Rev Var Rate1.43%
-- Luzerne Cnty Pa Go Notes1.42%
-- New Jersey Econ Dev Auth1.37%
-- Dickinson Cnty Mich Econ D Rev Ref 4.8%1.25%
-- Delaware Valley Pa Regl Fin Au Loc Govt1.25%
-- St James Parish La Rev Var Rev B1.23%
-- Arizona Health Facs Auth1.21%

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