VictoryShares Short-Term Bond ETF formerly VictoryShares USAA Core Short-Term Bond ETF
Name
As of 01/08/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
USTB | Active ETF
$50.19
$817 M
8.60%
$4.32
0.35%
Vitals
YTD Return
0.1%
1 yr return
6.8%
3 Yr Avg Return
3.5%
5 Yr Avg Return
3.2%
Net Assets
$817 M
Holdings in Top 10
14.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/08/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
USTB | Active ETF
$50.19
$817 M
8.60%
$4.32
0.35%
USTB - Profile
Distributions
- YTD Total Return 0.1%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.62%
- Dividend Yield 8.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVictoryShares Short-Term Bond ETF formerly VictoryShares USAA Core Short-Term Bond ETF
-
Fund Family NameVictory Portfolios
-
Inception DateOct 26, 2017
-
Shares Outstanding7300000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJulianne Bass
Fund Description
USTB - Performance
Return Ranking - Trailing
Period | USTB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.1% | -0.8% | 1.7% | 71.59% |
1 Yr | 6.8% | -0.7% | 17.6% | 6.72% |
3 Yr | 3.5%* | -5.4% | 6.1% | 3.33% |
5 Yr | 3.2%* | -4.3% | 5.3% | 4.73% |
10 Yr | N/A* | -18.7% | 170.5% | 5.19% |
* Annualized
Return Ranking - Calendar
Period | USTB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 1.2% | -4.3% | 8.8% | 17.27% |
2023 | 2.0% | -1.6% | 7.6% | 49.13% |
2022 | -5.2% | -17.7% | -2.6% | 15.66% |
2021 | -0.9% | -4.0% | 4.4% | 13.88% |
2020 | 2.4% | -7.1% | 7.6% | 33.54% |
Total Return Ranking - Trailing
Period | USTB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.1% | -0.8% | 1.7% | 71.59% |
1 Yr | 6.8% | -0.7% | 17.6% | 6.72% |
3 Yr | 3.5%* | -5.4% | 6.1% | 3.33% |
5 Yr | 3.2%* | -4.3% | 5.3% | 4.73% |
10 Yr | N/A* | -18.7% | 170.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | USTB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 6.5% | -0.7% | 19.6% | 9.21% |
2023 | 6.7% | 1.8% | 15.2% | 19.46% |
2022 | -2.8% | -17.3% | -1.3% | 5.09% |
2021 | 0.9% | -2.7% | 7.7% | 22.74% |
2020 | 5.1% | -2.4% | 14.5% | 26.95% |
USTB - Holdings
Concentration Analysis
USTB | Category Low | Category High | USTB % Rank | |
---|---|---|---|---|
Net Assets | 817 M | 14.5 K | 58.2 B | 59.69% |
Number of Holdings | 645 | 2 | 7413 | 34.93% |
Net Assets in Top 10 | 106 M | 1.05 M | 6.81 B | 70.44% |
Weighting of Top 10 | 14.35% | 2.0% | 3443.9% | 80.04% |
Top 10 Holdings
- U S TREASURY NOTE 3.17%
- U S TREASURY NOTE 2.11%
- U S TREASURY NOTE 1.65%
- U S TREASURY NOTE 1.39%
- U S TREASURY NOTE 1.24%
- JABIL INC 0.98%
- OVINTIV INC 0.97%
- CONSTELLATION BRANDS INC 0.95%
- GUADALUPE VAL ELEC 0.95%
- THE AES CORPORATION 0.95%
Asset Allocation
Weighting | Return Low | Return High | USTB % Rank | |
---|---|---|---|---|
Bonds | 92.34% | 0.00% | 9553.94% | 32.44% |
Cash | 8.93% | -20.59% | 291.24% | 19.77% |
Convertible Bonds | 0.29% | 0.00% | 27.71% | 90.96% |
Stocks | 0.00% | 0.00% | 99.96% | 42.80% |
Preferred Stocks | 0.00% | 0.00% | 84.19% | 38.77% |
Other | 0.00% | -0.72% | 73.75% | 78.12% |
Bond Sector Breakdown
Weighting | Return Low | Return High | USTB % Rank | |
---|---|---|---|---|
Corporate | 48.42% | 0.00% | 99.82% | 38.65% |
Securitized | 31.08% | 0.00% | 97.27% | 33.27% |
Municipal | 14.41% | 0.00% | 14.41% | 0.19% |
Cash & Equivalents | 8.93% | 0.00% | 291.24% | 19.19% |
Government | 0.11% | 0.00% | 73.63% | 94.62% |
Derivative | 0.00% | -0.72% | 21.34% | 52.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | USTB % Rank | |
---|---|---|---|---|
US | 92.34% | 0.00% | 9553.94% | 28.79% |
Non US | 0.00% | 0.00% | 87.70% | 38.20% |
USTB - Expenses
Operational Fees
USTB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | 0.01% | 3.29% | 83.82% |
Management Fee | 0.25% | 0.00% | 1.19% | 26.30% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.41% | N/A |
Sales Fees
USTB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
USTB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
USTB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 500.00% | 10.33% |
USTB - Distributions
Dividend Yield Analysis
USTB | Category Low | Category High | USTB % Rank | |
---|---|---|---|---|
Dividend Yield | 8.60% | 0.00% | 11.11% | 7.49% |
Dividend Distribution Analysis
USTB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
USTB | Category Low | Category High | USTB % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.62% | -1.27% | 4.98% | 22.27% |
Capital Gain Distribution Analysis
USTB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2024 | $0.360 | OrdinaryDividend |
Nov 07, 2024 | $0.210 | OrdinaryDividend |
Oct 08, 2024 | $0.169 | OrdinaryDividend |
Sep 11, 2024 | $0.238 | OrdinaryDividend |
Aug 08, 2024 | $0.205 | OrdinaryDividend |
Jul 10, 2024 | $0.196 | OrdinaryDividend |
Jun 12, 2024 | $0.237 | OrdinaryDividend |
Apr 11, 2024 | $0.225 | OrdinaryDividend |
Mar 11, 2024 | $0.205 | OrdinaryDividend |
Feb 09, 2024 | $0.199 | OrdinaryDividend |
Jan 11, 2024 | $0.094 | OrdinaryDividend |
Dec 18, 2023 | $0.346 | OrdinaryDividend |
Nov 08, 2023 | $0.217 | OrdinaryDividend |
Oct 11, 2023 | $0.238 | OrdinaryDividend |
Sep 06, 2023 | $0.172 | OrdinaryDividend |
Aug 08, 2023 | $0.244 | OrdinaryDividend |
Jul 10, 2023 | $0.169 | OrdinaryDividend |
Jun 09, 2023 | $0.166 | OrdinaryDividend |
May 10, 2023 | $0.188 | OrdinaryDividend |
Apr 11, 2023 | $0.155 | OrdinaryDividend |
Mar 10, 2023 | $0.161 | OrdinaryDividend |
Feb 10, 2023 | $0.145 | OrdinaryDividend |
Jan 12, 2023 | $0.023 | OrdinaryDividend |
Dec 16, 2022 | $0.275 | OrdinaryDividend |
Nov 08, 2022 | $0.124 | OrdinaryDividend |
Oct 11, 2022 | $0.139 | OrdinaryDividend |
Sep 09, 2022 | $0.123 | OrdinaryDividend |
Aug 09, 2022 | $0.098 | OrdinaryDividend |
Jul 11, 2022 | $0.085 | OrdinaryDividend |
Jun 10, 2022 | $0.082 | OrdinaryDividend |
May 10, 2022 | $0.088 | OrdinaryDividend |
Apr 11, 2022 | $0.069 | OrdinaryDividend |
Mar 11, 2022 | $0.079 | OrdinaryDividend |
Feb 10, 2022 | $0.064 | OrdinaryDividend |
Jan 12, 2022 | $0.010 | OrdinaryDividend |
Dec 16, 2021 | $0.110 | OrdinaryDividend |
Dec 09, 2021 | $0.065 | CapitalGainShortTerm |
Dec 09, 2021 | $0.107 | CapitalGainLongTerm |
Nov 08, 2021 | $0.068 | OrdinaryDividend |
Oct 08, 2021 | $0.063 | OrdinaryDividend |
Sep 09, 2021 | $0.068 | OrdinaryDividend |
Aug 09, 2021 | $0.073 | OrdinaryDividend |
Jul 09, 2021 | $0.067 | OrdinaryDividend |
Jun 10, 2021 | $0.067 | OrdinaryDividend |
May 10, 2021 | $0.058 | OrdinaryDividend |
Apr 09, 2021 | $0.058 | OrdinaryDividend |
Mar 11, 2021 | $0.077 | OrdinaryDividend |
Feb 10, 2021 | $0.057 | OrdinaryDividend |
Jan 12, 2021 | $0.003 | OrdinaryDividend |
Dec 16, 2020 | $0.123 | OrdinaryDividend |
Dec 09, 2020 | $0.132 | CapitalGainShortTerm |
Dec 09, 2020 | $0.092 | CapitalGainLongTerm |
Nov 12, 2020 | $0.064 | OrdinaryDividend |
Oct 07, 2020 | $0.054 | OrdinaryDividend |
Sep 09, 2020 | $0.095 | OrdinaryDividend |
Aug 12, 2020 | $0.125 | OrdinaryDividend |
Jul 08, 2020 | $0.115 | OrdinaryDividend |
Jun 10, 2020 | $0.102 | OrdinaryDividend |
May 13, 2020 | $0.123 | OrdinaryDividend |
Apr 07, 2020 | $0.098 | OrdinaryDividend |
Mar 11, 2020 | $0.096 | OrdinaryDividend |
Feb 12, 2020 | $0.102 | OrdinaryDividend |
Jan 08, 2020 | $0.014 | OrdinaryDividend |
Dec 30, 2019 | $0.153 | OrdinaryDividend |
Nov 21, 2019 | $0.105 | OrdinaryDividend |
Oct 24, 2019 | $0.119 | OrdinaryDividend |
Sep 20, 2019 | $0.099 | OrdinaryDividend |
Aug 23, 2019 | $0.121 | OrdinaryDividend |
Jul 24, 2019 | $0.112 | OrdinaryDividend |
Jun 21, 2019 | $0.105 | OrdinaryDividend |
May 24, 2019 | $0.120 | OrdinaryDividend |
Apr 23, 2019 | $0.125 | OrdinaryDividend |
Mar 22, 2019 | $0.110 | OrdinaryDividend |
Feb 21, 2019 | $0.109 | OrdinaryDividend |
Jan 24, 2019 | $0.085 | OrdinaryDividend |
Dec 17, 2018 | $0.146 | OrdinaryDividend |
Nov 23, 2018 | $0.104 | OrdinaryDividend |
Oct 24, 2018 | $0.116 | OrdinaryDividend |
Sep 21, 2018 | $0.098 | OrdinaryDividend |
Aug 24, 2018 | $0.103 | OrdinaryDividend |
Jul 24, 2018 | $0.104 | OrdinaryDividend |
Jun 22, 2018 | $0.090 | OrdinaryDividend |
May 24, 2018 | $0.087 | OrdinaryDividend |
Apr 23, 2018 | $0.087 | OrdinaryDividend |
Mar 23, 2018 | $0.085 | OrdinaryDividend |
Feb 21, 2018 | $0.083 | OrdinaryDividend |
Jan 24, 2018 | $0.046 | OrdinaryDividend |
Dec 19, 2017 | $0.101 | OrdinaryDividend |
Nov 22, 2017 | $0.056 | OrdinaryDividend |
USTB - Fund Manager Analysis
Managers
Julianne Bass
Start Date
Tenure
Tenure Rank
Oct 24, 2017
4.6
4.6%
Julianne Bass, CFA, Victory Capital Senior Portfolio Manager–USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since 2007. Ms. Bass has 32 years of investment management experience including 20 years with AMCO, which was acquired by the Adviser’s parent company in 2019. Education: B.B.A., University of Texas at Austin; M.B.A., University of Houston. She holds the Chartered Financial Analyst (“CFA”) designation and is a member of the CFA Institute and the CFA Society of San Antonio.
John Spear
Start Date
Tenure
Tenure Rank
Oct 24, 2017
4.6
4.6%
CFA, Senior Vice President, Chief Investment Officer of USAA Investments, has co-managed the Fund since November 2016. Mr. Spear has managed the USAA Life Insurance Portfolio since November 1999 and has supervised the USAA fixed-income portfolio management team since May 2012.Education: B.B.A., Western Illinois University. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.
Kurt Daum
Start Date
Tenure
Tenure Rank
Oct 24, 2017
4.6
4.6%
Kurt Daum, J.D., Executive Director of Mutual Funds Portfolios, focusing on all areas of fixed-income research, has co-managed the Fund since November 2016. Prior to joining USAA, he was a Director at Highland Capital Management focused on fixed-income and private equity investing from January 2009 until November 2013. Education: B.B.A., University of Texas at Austin; J.D., University of Texas School of Law.
Brian Smith
Start Date
Tenure
Tenure Rank
Oct 24, 2017
4.6
4.6%
Brian W. Smith, CFA, CPA, Executive Director Mutual Funds Portfolios. Mr. Smith has started to engage in investment management and worked for USAA since 1999 and 1985, respectively. Education: B.B.A., University of Texas at San Antonio, M.B.A., University of Texas at San Antonio. He is a member of the CFA Institute and the CFA Society of San Antonio.
James Jackson
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
James F. Jackson, Jr., CFA, Victory Capital Senior Portfolio Manager and Head of Fixed Income Portfolio Management–USAA Investments, A Victory Capital Investment Franchise. Mr. Jackson has investment management experience since 2000, including 10 years with AMCO, which was acquired by the Adviser's parent company in 2019. Education: M.B.A. with High Distinction, Ross School of Business, University of Michigan and a B.S., United States Naval Academy. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.
R.Neal Graves
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
R. Neal Graves, CFA, CPA, Victory Capital Senior Portfolio Manager–USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since July 2019. Education: Master in Professional Accounting, University of Texas at Austin and a B.B.A., University of Texas at Austin. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.16 | 2.41 |