Continue to site >
Trending ETFs

Name

As of 02/22/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.76

$1.04 B

2.37%

$0.21

0.70%

Vitals

YTD Return

-0.1%

1 yr return

-8.8%

3 Yr Avg Return

-4.7%

5 Yr Avg Return

-1.8%

Net Assets

$1.04 B

Holdings in Top 10

28.5%

52 WEEK LOW AND HIGH

$8.8
$8.56
$9.57

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load 2.25%

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/22/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.76

$1.04 B

2.37%

$0.21

0.70%

UAGNX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return -4.7%
  • 5 Yr Annualized Total Return -1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    USAA Government Securities Fund
  • Fund Family Name
    Victory Capital
  • Inception Date
    Aug 02, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    R.Neal Graves

Fund Description

The Fund normally invests at least 80% of its assets in government securities, U.S. Treasury bills, notes, and bonds; Treasury Inflation Protected Securities (“TIPS”); mortgage-backed securities (“MBS”) backed by the Government National Mortgage Association (“Ginnie Mae”), the Federal National Mortgage Association (“Fannie Mae”), and the Federal Home Loan Mortgage Corporation (“Freddie Mac”); U.S. government agency collateralized mortgage obligations; securities issued by U.S. government agencies and instrumentalities; and repurchase agreements collateralized by such investments. The securities issued by U.S. government agencies and instrumentalities are supported by the credit of the issuing agency, instrumentality or corporation (which are neither issued nor guaranteed by the U.S. Treasury), including but not limited to, Fannie Mae, Freddie Mac, the Federal Agricultural Mortgage Corporation (“Farmer Mac”), Federal Farm Credit Bank, Federal Home Loan Bank, Private Export Funding Corp (“Pefco”), and the Small Business Administration. The Fund’s average maturity is typically 3-10 years, but can vary depending on market conditions. This 80% policy may be changed upon at least 60 days’ written notice to shareholders.
Read More

UAGNX - Performance

Return Ranking - Trailing

Period UAGNX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -24.0% 1.4% 47.60%
1 Yr -8.8% -20.2% 3.0% 19.26%
3 Yr -4.7%* -8.9% 5.2% 31.52%
5 Yr -1.8%* -5.5% 3.1% 29.51%
10 Yr -1.6%* -7.6% 3.8% 50.75%

* Annualized

Return Ranking - Calendar

Period UAGNX Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -22.8% 16.6% 11.57%
2022 -2.0% -18.7% 6.9% 70.45%
2021 0.9% -48.1% 2.9% 55.25%
2020 0.7% -20.9% 1.8% 50.79%
2019 -0.3% -21.9% 0.4% 29.75%

Total Return Ranking - Trailing

Period UAGNX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -24.0% 1.4% 47.60%
1 Yr -8.8% -20.2% 1.7% 19.26%
3 Yr -4.7%* -8.9% 4.2% 31.52%
5 Yr -1.8%* -5.5% 2.4% 31.97%
10 Yr -1.6%* -7.6% 3.7% 65.35%

* Annualized

Total Return Ranking - Calendar

Period UAGNX Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -22.8% 16.6% 11.57%
2022 -2.0% -18.7% 6.9% 70.45%
2021 0.9% -48.1% 2.9% 55.25%
2020 0.7% -20.9% 1.8% 51.59%
2019 -0.3% -21.9% 0.4% 42.98%

NAV & Total Return History


UAGNX - Holdings

Concentration Analysis

UAGNX Category Low Category High UAGNX % Rank
Net Assets 1.04 B 10.8 M 21.7 B 50.85%
Number of Holdings 281 2 14187 65.98%
Net Assets in Top 10 304 M -37.3 M 9.54 B 51.04%
Weighting of Top 10 28.54% 5.9% 100.0% 80.34%

Top 10 Holdings

  1. United States Treasury Notes 1.375% 7.03%
  2. Cra 0.05% 10/1/2021 3.91%
  3. Cra 0.05% 10/1/2021 3.91%
  4. Cra 0.05% 10/1/2021 3.91%
  5. Cra 0.05% 10/1/2021 3.91%
  6. Cra 0.05% 10/1/2021 3.91%
  7. Cra 0.05% 10/1/2021 3.91%
  8. Cra 0.05% 10/1/2021 3.91%
  9. Cra 0.05% 10/1/2021 3.91%
  10. Cra 0.05% 10/1/2021 3.91%

Asset Allocation

Weighting Return Low Return High UAGNX % Rank
Bonds
93.01% 0.00% 134.21% 75.93%
Cash
6.99% -34.21% 38.56% 23.65%
Stocks
0.00% 0.00% 100.00% 36.10%
Preferred Stocks
0.00% 0.00% 0.33% 26.56%
Other
0.00% -2.77% 29.56% 27.80%
Convertible Bonds
0.00% 0.00% 3.29% 26.97%

Bond Sector Breakdown

Weighting Return Low Return High UAGNX % Rank
Government
44.03% 0.00% 100.00% 39.17%
Securitized
43.74% 0.00% 100.00% 67.50%
Cash & Equivalents
6.99% 0.00% 35.24% 50.00%
Municipal
5.24% 0.00% 5.24% 1.25%
Derivative
0.00% 0.00% 16.13% 30.42%
Corporate
0.00% 0.00% 57.23% 44.17%

Bond Geographic Breakdown

Weighting Return Low Return High UAGNX % Rank
US
93.01% 0.00% 134.21% 75.52%
Non US
0.00% 0.00% 100.00% 42.74%

UAGNX - Expenses

Operational Fees

UAGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.03% 1.82% 36.80%
Management Fee 0.08% 0.00% 0.85% 8.90%
12b-1 Fee 0.25% 0.00% 1.00% 30.63%
Administrative Fee 0.15% 0.01% 0.45% 85.45%

Sales Fees

UAGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 1.00% 4.50% 57.14%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

UAGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 75.00%

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.

UAGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 3.35% 498.00% 10.74%

UAGNX - Distributions

Dividend Yield Analysis

UAGNX Category Low Category High UAGNX % Rank
Dividend Yield 2.37% 0.00% 12.72% 67.90%

Dividend Distribution Analysis

UAGNX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

UAGNX Category Low Category High UAGNX % Rank
Net Income Ratio 1.89% -0.80% 2.96% 3.42%

Capital Gain Distribution Analysis

UAGNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Monthly

Distributions History

View More +

UAGNX - Fund Manager Analysis

Managers

R.Neal Graves


Start Date

Tenure

Tenure Rank

Oct 01, 2013

8.67

8.7%

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.

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 31.64 8.46 7.35