At A Glance
You hold USVAX.O in 0 portfolios
USAA VA Bond (USVAX.O)
Net Asset Value
11.62USD
-0.01 -0.09%
05/22/2013
Category
General Tax-ExemptYTD Return (Cumulative)
1.28%Classification
VA Municipal Debt5 Year Return (Annualized)
5.69%Manager Benchmark
Lipper Muni Dbt VA Fd IXLipper Leader Profile (Overall)
The Growth of $10,000 chart includes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales or redemption charges which would lower these figures.
Fund Profile
| Fund Family | USAA Group |
|---|---|
| Inception Date | 10/15/1990 |
| Portfolio Turnover | 5% |
| Dividend Yield | -- |
| Fund Manager | John C. Bonnell |
| Manager Tenure | 2006 |
USAA Asset Management Company
9800 Fredericksburg Rd
San Antonio, TX 78288-0227
Fees, Expenses, & Minimums
| Load Type | No load |
|---|---|
| Total Expense Ratio | 0.55% |
| Max 12b-1 Fee Ratio | -- |
| Early Redemption Fee | 0.00% |
| Initial Investment | $3,000 |
| Subsequent Investments | $50 |
| Initial IRA Investments | -- |
| Subsequent IRA Investments | -- |
Investment Strategy
The Fund seeks a high level of current interest income for Virginia investors that is exempt from federal and state income taxes by investing primarily in long-term, investment grade Virginia tax-exempt securities. The dollar weighted average portfolio maturity is not restricted, but is expected to exceed ten years.
Overall Lipper Leaders Ratings & Fund Profile »
| Similar Rating/ Category | ||
|---|---|---|
| Total Return | 31 | |
| Consistent Return | 31 | |
| Capital Preservation | 4481 | |
| Low Expense | 263 | |
| Tax Efficiency (U.S. only) | 31 |
About the ratings...
Total Return reflects the fund's historical total return performance relative to its peers. Consistent Return reflects the funds's historical risk-adjusted returns relative to its peers. The Capital Preservation is relative, rather that absolute...More »
Lipper Leaders.comAbout the ratings
Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings for Consistent Return reflect funds' historical risk-adjusted returns relative to peers. Lipper Ratings for Preservation are relative, rather than absolute. Lipper Ratings for Tax Efficiency reflect funds' historical ability to postpone taxable distributions. Lipper Ratings for Expense reflect funds' expense minimization relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
