UTESX : USAA Tax Exempt Short-Term Fund Adviser Shares

UTESX is a Bond Market Municipal Bond with HIGH fees.

UTESX

USAA Tax Exempt Short-Term Fund Adviser Shares

FI Score

53 /100

Expense Ratio Rating

5 /10

Expense Rating

2 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

53% FI Score
  • utesx
  • Mutual Fund
  • Bond
  • Municipal Bond

USAA Tax Exempt Short-Term Fund Adviser Shares

Expenses: 0.77% (Better than 0% 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 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.

Largest Holdings

Amount Holding
2.06% ARIZONA HEALTH FACS AUTH REV 6.56%
1.75% ST JAMES PARISH LA REV 7.5%
1.63% NEW JERSEY ECONOMIC DEV AUTH REV 5%
1.59% PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 6.25%
1.59% PERRY CNTY MISS POLLUTION CTL REV 4.89%
1.58% TENDER OPT BD TR RCPTS / CTFS VAR STS 4.94%
1.42% NORTH CAROLINA CAP FACS AGY SOLID WASTE DISP REV 1.1%
1.27% TENDER OPT BD TR RCPTS / CTFS VAR STS 5%
1.24% ILLINOIS ST 5%
1.19% WAMEGO KANS POLLUTN CTL REV 6%
1.14% APPLING CNTY GA DEV AUTH POLLUTN CTL REV 1.02%
1.13% TENDER OPT BD TR RCPTS / CTFS VAR STS 5%
1.02% OHIO ST SOLID WASTE REV 1.1%
0.97% COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV 0.9%
0.95% DEUTSCHE BK SPEARS/LIFERS SER DBE-7001 TR 4.75%
0.90% MISSISSIPPI HOSP EQUIP & FACS AUTH REV 5%
0.88% ILLINOIS FIN AUTH REV 4%
0.84% MICHIGAN FIN AUTH REV 1.12%
0.83% MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
0.83% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.81% CHICAGO ILL PK DIST 5.2%
0.81% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.80% OWEN CNTY KY WTR FACS REV 2.45%
0.80% LOUISIANA PUB FACS AUTH HOSP REV 5.36%
0.79% TENDER OPT BD TR RCPTS / CTFS VAR STS 5%

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