USAAX: USAA Growth

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USAAX USAA Growth


Profile

USAAX - Profile

Vitals

  • YTD Return 8.6%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $2.84 B
  • Holdings in Top 10 37.6%

52 WEEK LOW AND HIGH

$28.30
$25.81
$33.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 70.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 8.6%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    USAA Growth Fund
  • Fund Family Name
    USAA
  • Inception Date
    Apr 05, 1971
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Schroer

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Categories

Fund Company Quick Screens

USAAX - Fund Company Quick Screens


Performance

USAAX - Performance

Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -79.9% 22.3% 38.07%
1 Yr -2.4% -80.4% 49.4% 96.14%
3 Yr 2.9%* -45.4% 28.8% 78.50%
5 Yr 2.6%* -36.6% 16.2% 64.39%
10 Yr 8.5%* -17.5% 16.9% 39.92%

* Annualized

Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -67.9% 49.9% 97.59%
2018 -15.4% -65.5% 13.4% 65.65%
2017 25.3% -46.3% 37.5% 14.31%
2016 1.2% -43.3% 15.3% 37.81%
2015 -1.1% -38.0% 11.4% 33.04%

Total Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -79.9% 22.3% 38.07%
1 Yr -2.4% -80.4% 49.4% 96.06%
3 Yr 2.9%* -45.4% 36.2% 88.74%
5 Yr 2.6%* -36.6% 18.2% 84.78%
10 Yr 8.5%* -17.5% 18.0% 76.38%

* Annualized

Total Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -67.9% 49.9% 97.59%
2018 -15.4% -65.5% 16.5% 76.94%
2017 25.3% -28.2% 51.5% 52.73%
2016 1.2% -43.3% 17.1% 60.20%
2015 -1.1% -38.0% 17.3% 66.18%

NAV & Total Return History


Holdings

USAAX - Holdings

Concentration Analysis

USAAX Category Low Category High USAAX % Rank
Net Assets 2.84 B 1.19 M 201 B 32.49%
Number of Holdings 92 1 2065 28.08%
Net Assets in Top 10 1.06 B 442 K 63 B 33.08%
Weighting of Top 10 37.60% 11.0% 100.0% 66.84%

Top 10 Holdings

  1. Visa Inc Class A 5.95%
  2. Facebook Inc A 5.13%
  3. Amazon.com Inc 5.02%
  4. Microsoft Corp 4.90%
  5. Alphabet Inc Class C 3.89%
  6. Alibaba Group Holding Ltd ADR 3.23%
  7. NVIDIA Corp 3.17%
  8. Apple Inc 2.38%
  9. ServiceNow Inc 2.10%
  10. Salesforce.com Inc 1.82%

Asset Allocation

Weighting Return Low Return High USAAX % Rank
Stocks
98.45% 83.84% 105.55% 54.07%
Cash
1.55% -5.55% 16.16% 39.73%
Preferred Stocks
0.00% 0.00% 2.51% 84.54%
Other
0.00% -0.90% 8.03% 84.17%
Convertible Bonds
0.00% 0.00% 0.01% 82.30%
Bonds
0.00% -0.51% 3.92% 83.50%

Stock Sector Breakdown

Weighting Return Low Return High USAAX % Rank
Technology
28.93% 8.07% 54.94% 43.91%
Consumer Cyclical
16.61% 0.00% 52.42% 26.89%
Healthcare
16.58% 0.00% 52.29% 25.02%
Communication Services
13.00% 0.00% 32.90% 36.67%
Financial Services
10.21% 0.00% 38.34% 67.14%
Industrials
7.54% 0.00% 24.88% 59.90%
Consumer Defense
5.18% 0.00% 18.71% 38.98%
Real Estate
1.25% 0.00% 12.72% 60.72%
Energy
0.71% 0.00% 6.63% 38.54%
Utilities
0.00% 0.00% 9.99% 89.17%
Basic Materials
0.00% 0.00% 10.79% 96.56%

Stock Geographic Breakdown

Weighting Return Low Return High USAAX % Rank
US
90.94% 78.13% 100.51% 67.96%
Non US
7.51% 0.00% 17.94% 26.59%

Expenses

USAAX - Expenses

Operational Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 5.67% 64.64%
Management Fee 0.65% 0.00% 1.40% 54.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.02% 81.66%

Sales Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.00% 0.00% 807.00% 75.91%

Distributions

USAAX - Distributions

Dividend Yield Analysis

USAAX Category Low Category High USAAX % Rank
Dividend Yield 0.00% 0.00% 46.23% 83.94%

Dividend Distribution Analysis

USAAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

USAAX Category Low Category High USAAX % Rank
Net Income Ratio 0.41% -2.06% 2.43% 26.85%

Capital Gain Distribution Analysis

USAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

USAAX - Fund Manager Analysis

Managers

Michael Schroer


Start Date

Tenure

Tenure Rank

Dec 01, 2007

11.59

11.6%

Michael E. Schroer, CFA, Managing Partner & Chief Investment Officer and has been with Renaissance since 1984. As Chief Investment Officer and Managing Partner for Renaissance, Mr. Schroer supervises the management and direction of the firm’s investment research efforts as well as determining overall portfolio strategy. He is the Lead Portfolio Manager for the large-cap growth strategy at Renaissance. Prior to Renaissance, he served as a portfolio manager with First of America Bank. He was awarded a Chartered Financial Analyst designation in 1985. Education: B.A., University of Cincinnati; and M.B.A., Indiana University Graduate School of Business.

Aziz Hamzaogullari


Start Date

Tenure

Tenure Rank

Jun 04, 2010

9.08

9.1%

Aziz V. Hamzaogullari is an Executive Vice President of Loomis, Sayles & Company, L.P. He is the founder and head of the Loomis Sayles Growth Equity Strategies Team. Aziz joined Loomis Sayles in 2010 from Evergreen Investments where he was a senior portfolio manager. He joined Evergreen in 2001, was promoted to director of research in 2003 and portfolio manager in 2006. Aziz was head of Evergreen’s Berkeley Street Growth Equity team and was the founder of the research and investment process. Prior to Evergreen, Aziz was a senior equity analyst and portfolio manager at Manning & Napier Advisors. Aziz earned a BS from Bilkent University, Turkey, and an MBA from George Washington University. He is also a member of CFA Society Boston.

Andy Eng


Start Date

Tenure

Tenure Rank

Oct 31, 2016

2.66

2.7%

Eng joined MSA in 2000 and has been a Director of MSA since 2004. Prior thereto, he acted as an analyst with Northwestern Investment Management.His has over 20 years of investment experience, the past 17 years as a portfolio manager with Northwestern Mutual Investment Management Company. Eng holds the Chartered Financial Analyst designation, and is a member of the Milwaukee Investment Analyst Society and the CFA Institute. Education: B.S., University of Illinois; and M.B.A., Washington University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 52.12 8.13 0.75