USAA Target Retirement 2020
Name
As of 11/20/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
4.3%
3 Yr Avg Return
4.0%
5 Yr Avg Return
5.6%
Net Assets
$500 M
Holdings in Top 10
83.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
URTNX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 5.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.51%
- Dividend Yield 2.5%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameUSAA Target Retirement 2020 Fund
-
Fund Family NameVictory Capital
-
Inception DateJul 31, 2008
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWasif Latif
Fund Description
URTNX - Performance
Return Ranking - Trailing
Period | URTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -8.1% | 12.3% | 96.17% |
1 Yr | 4.3% | -11.2% | 11.1% | 62.70% |
3 Yr | 4.0%* | -1.3% | 7.3% | 83.64% |
5 Yr | 5.6%* | 1.5% | 7.4% | 69.23% |
10 Yr | 5.4%* | 3.5% | 7.9% | 81.08% |
* Annualized
Return Ranking - Calendar
Period | URTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.8% | -0.2% | 15.6% | 94.32% |
2022 | -12.3% | -16.8% | -5.1% | 72.26% |
2021 | 4.7% | -13.1% | 12.5% | 77.46% |
2020 | 3.6% | -1.8% | 6.3% | 40.00% |
2019 | -5.7% | -10.7% | -1.8% | 66.34% |
Total Return Ranking - Trailing
Period | URTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -8.1% | 12.3% | 96.17% |
1 Yr | 4.3% | -11.2% | 11.1% | 54.89% |
3 Yr | 4.0%* | -1.3% | 7.3% | 75.76% |
5 Yr | 5.6%* | 1.0% | 7.4% | 65.03% |
10 Yr | 5.4%* | 3.4% | 7.9% | 80.18% |
* Annualized
Total Return Ranking - Calendar
Period | URTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.8% | -0.2% | 15.6% | 94.32% |
2022 | -12.3% | -16.8% | -2.7% | 81.94% |
2021 | 4.7% | -13.1% | 15.7% | 92.96% |
2020 | 3.6% | -1.0% | 9.0% | 66.67% |
2019 | -5.7% | -9.4% | 0.1% | 85.15% |
NAV & Total Return History
URTNX - Holdings
Concentration Analysis
URTNX | Category Low | Category High | URTNX % Rank | |
---|---|---|---|---|
Net Assets | 500 M | 124 K | 31 B | 45.31% |
Number of Holdings | 30 | 4 | 515 | 17.71% |
Net Assets in Top 10 | 427 M | 83.1 K | 30.8 B | 45.31% |
Weighting of Top 10 | 83.52% | 46.7% | 100.0% | 41.85% |
Top 10 Holdings
- USAA Government Securities Institutional 26.80%
- USAA Short-Term Bond Institutional 15.19%
- USAA Income Institutional 11.81%
- USAA Global Managed Volatility Instl 9.19%
- USAA Target Managed Allocation 5.51%
- USAA High Income Institutional 3.88%
- Victory Market Neutral Income I 3.76%
- VictoryShares USAA Core Shrt-Trm Bd ETF 2.82%
- Victory RS International R6 2.41%
- VictoryShares USAA MSCI Intl Vl Mntm ETF 2.16%
Asset Allocation
Weighting | Return Low | Return High | URTNX % Rank | |
---|---|---|---|---|
Bonds | 56.65% | 11.59% | 74.95% | 19.79% |
Stocks | 39.18% | 17.14% | 59.78% | 60.94% |
Cash | 2.85% | -16.55% | 23.69% | 81.25% |
Convertible Bonds | 0.55% | 0.00% | 1.91% | 42.71% |
Other | 0.48% | -0.73% | 23.99% | 22.40% |
Preferred Stocks | 0.28% | 0.00% | 2.25% | 14.06% |
Stock Sector Breakdown
Weighting | Return Low | Return High | URTNX % Rank | |
---|---|---|---|---|
Technology | 17.40% | 10.55% | 23.29% | 65.10% |
Financial Services | 14.11% | 9.62% | 17.41% | 39.58% |
Consumer Cyclical | 11.38% | 6.60% | 14.40% | 48.44% |
Industrials | 11.35% | 6.71% | 14.63% | 28.65% |
Healthcare | 11.08% | 10.72% | 17.37% | 92.71% |
Consumer Defense | 9.70% | 5.76% | 12.57% | 16.15% |
Communication Services | 8.90% | 5.41% | 10.07% | 34.38% |
Basic Materials | 6.31% | 3.05% | 7.01% | 6.77% |
Utilities | 3.86% | 0.81% | 6.16% | 24.48% |
Real Estate | 3.07% | 1.90% | 18.20% | 78.65% |
Energy | 2.85% | 1.54% | 4.28% | 45.83% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | URTNX % Rank | |
---|---|---|---|---|
US | 22.17% | 8.18% | 44.08% | 63.54% |
Non US | 17.01% | 4.59% | 27.03% | 34.90% |
Bond Sector Breakdown
Weighting | Return Low | Return High | URTNX % Rank | |
---|---|---|---|---|
Securitized | 41.58% | 0.00% | 41.58% | 0.52% |
Corporate | 31.42% | 0.00% | 54.75% | 43.23% |
Government | 12.81% | 10.81% | 99.23% | 96.88% |
Cash & Equivalents | 8.91% | 0.76% | 56.20% | 76.04% |
Municipal | 5.27% | 0.00% | 6.26% | 3.65% |
Derivative | 0.00% | 0.00% | 32.24% | 70.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | URTNX % Rank | |
---|---|---|---|---|
US | 52.00% | 8.59% | 74.95% | 7.81% |
Non US | 4.65% | 0.00% | 33.43% | 75.52% |
URTNX - Expenses
Operational Fees
URTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.04% | 0.01% | 13.33% | 97.06% |
Management Fee | 0.00% | 0.00% | 0.78% | 1.05% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
URTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
URTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
URTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 0.00% | 120.35% | 43.17% |
URTNX - Distributions
Dividend Yield Analysis
URTNX | Category Low | Category High | URTNX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.53% | 0.00% | 5.38% | 5.21% |
Dividend Distribution Analysis
URTNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
URTNX | Category Low | Category High | URTNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.51% | 0.14% | 4.46% | 25.68% |
Capital Gain Distribution Analysis
URTNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2018 | $0.302 | |
Dec 28, 2017 | $0.304 | |
Dec 29, 2016 | $0.380 | |
Dec 30, 2015 | $0.210 | |
Dec 30, 2014 | $0.366 | |
Dec 30, 2013 | $0.339 | |
Dec 28, 2012 | $0.331 | |
Dec 29, 2011 | $0.341 | |
Dec 30, 2010 | $0.314 | |
Dec 30, 2009 | $0.265 | |
Dec 30, 2008 | $0.151 |
URTNX - Fund Manager Analysis
Managers
Wasif Latif
Start Date
Tenure
Tenure Rank
Jul 31, 2008
12.26
12.3%
Wasif A. Latif, Head of Investments, VictoryShares and Solutions, has co-managed the Fund since July 2019. He is Head of Global Multi-Assets for USAA Asset Management Company and he has worked for the firm since June 2006. Prior to joining USAA Asset Management Company, he was an equity portfolio manager at Deutsche Bank Private Wealth Management (DB PWM) from December 1998 to May 2006, where he was responsible for managing two fund-of-fund products and an international equity fund. Latif was also a member of DB PWM's U.S. Investment Committee responsible for covering the international equity and emerging markets asset classes. Mr. Latif holds a B.S. in finance from University of Indianapolis and a M.B.A. from University of Illinois at Chicago.
Lance Humphrey
Start Date
Tenure
Tenure Rank
Jun 07, 2018
2.4
2.4%
Lance Humphrey is a Portfolio Manager for VictoryShares and Solutions. Mr. Humphrey has 10 years of investment experience, nine of which were with AMCO, which Victory Capital acquired in 2019. Lance Humphrey, CFA, is Executive Director of Global Multi Asset Portfolios at USAA Asset Management Company. Mr. Humphrey has started to engaged in investment since 2006. He holds a B.A. of Finance from Texas State University. He holds the CFA designation and is a member of the CFA Society of San Antonio.
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jul 01, 2019
1.34
1.3%
Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 18.1 | 5.78 | 0.83 |