USAA Tax Exempt Short-Term Fund (USSTX)

10.42
Net Asset Value
0.00%
1 Day
-0.38%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.54%
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 excludable from gross income for federal income tax purposes (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. At least 80% of the fund's annual net investment income dividends will be tax-exempt and excludable from the calculation of the federal alternative minimum tax for individual taxpayers.

Performance

1 month+0.33% 3 years+0.88%
3 months+0.35% 5 years+0.80%
1 year+1.07% Since inception+4.39%
Data through --

Peer Comparisonvs. Muni national short

 USSTXCategory
Performance 5-yr return+0.80%+0.70%
Expense ratio0.54%0.67%
Risk 5 year sharpe ratio0.460.06
Net assets$1.5B$2.0B
Average market cap----
Average P/E----
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyUSAA
Fund manager & tenureRegina Conklin / 14 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income93.74%
Cash6.26%
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
-- 1.66%
-- 1.41%
-- 1.40%
-- 1.38%
-- 1.29%
-- 1.28%
-- 1.28%
-- 1.28%
-- 1.23%
-- 1.18%