USTEX : USAA Tax Exempt Long-Term Fund

USTEX is a Bond Market Municipal Bond with LOW fees.

USTEX

USAA Tax Exempt Long-Term Fund

FI Score

73 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

73% FI Score
  • ustex
  • Mutual Fund
  • Bond
  • Municipal Bond

USAA Tax Exempt Long-Term Fund

Expenses: 0.48% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

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 (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 10 years or more. 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.

Largest Holdings

Amount Holding
2.14% REGIONAL TRANSN AUTH ILL 6.5%
1.34% PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 7.5%
1.11% PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 1.54%
1.03% MIAMI-DADE CNTY FLA WTR & SWR REV 4%
0.98% DEUTSCHE BK SPEARS/LIFERS SER DBE-7001 TR 3.95%
0.82% LIBERTY N Y DEV CORP REV 5.25%
0.79% MIAMI-DADE CNTY FLA AVIATION REV 5.38%
0.78% MISSOURI DEV FIN BRD INFRASTRUCTURE FACS LEASEHOLD REV 4%
0.77% NEW JERSEY ECONOMIC DEV AUTH REV 6.31%
0.76% PROSPER TEX INDPT SCH DIST 5%
0.74% MIDLOTHIAN TEX INDPT SCH DIST 5%
0.68% GAINESVILLE & HALL CNTY GA HOSP AUTH REV ANTIC CTFS 4%
0.68% SANGAMON CNTY ILL WTR RECLAMATION DIST 4%
0.67% HARRIS CNTY TEX HOSP DIST REV 4%
0.67% NEW JERSEY HEALTH CARE FACS FING AUTH 5.62%
0.66% LEHIGH CNTY PA GEN PURP HOSP REV 4%
0.63% ILLINOIS FIN AUTH GAS SUPPLY REV 3.9%
0.62% TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0%
0.60% NEW JERSEY ST TRANSN TR FD AUTH 4%
0.59% LOWER ALA GAS DIST GAS PROJ REV 5%
0.57% ILLINOIS FIN AUTH REV 4%
0.55% MIAMI FLA SPL OBLIGS PKG REV 5.25%
0.53% LAS VEGAS NEV CONVENTION & VISITORS AUTH REV 4%
0.50% ESCAMBIA CNTY FLA HEALTH FACS AUTH HEALTH FAC REV 4%
0.50% CLIFTON TEX HIGHER ED FIN CORP ED REV 4%

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