USAAX: USAA Growth

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USAAX USAA Growth


Profile

USAAX - Profile

Vitals

  • YTD Return 22.1%
  • 3 Yr Annualized Return 2.8%
  • 5 Yr Annualized Return 5.8%
  • Net Assets $3.26 B
  • Holdings in Top 10 39.3%

52 WEEK LOW AND HIGH

$31.83
$20.05
$34.78

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 22.1%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 5.8%
  • 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

Performance

USAAX - Performance

Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% -91.6% 86.2% 26.32%
1 Yr 3.6% -92.0% 107.3% 89.66%
3 Yr 2.8%* -59.0% 39.7% 73.24%
5 Yr 5.8%* -41.4% 33.4% 62.15%
10 Yr 9.5%* -18.4% 17.8% 35.54%

* Annualized

Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -67.9% 49.9% 97.47%
2018 -15.4% -65.5% 10.6% 66.61%
2017 25.3% -46.3% 52.2% 14.39%
2016 1.2% -56.6% 15.3% 37.92%
2015 -1.1% -82.5% 11.4% 33.37%

Total Return Ranking - Trailing

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% -91.6% 86.2% 26.32%
1 Yr 3.6% -92.0% 107.3% 89.66%
3 Yr 2.8%* -57.9% 39.7% 84.78%
5 Yr 5.8%* -38.8% 33.4% 81.73%
10 Yr 9.5%* -16.8% 21.9% 71.09%

* Annualized

Total Return Ranking - Calendar

Period USAAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -67.9% 49.9% 97.47%
2018 -15.4% -65.5% 16.5% 77.85%
2017 25.3% -28.2% 52.2% 52.43%
2016 1.2% -56.6% 17.1% 59.78%
2015 -1.1% -38.0% 17.3% 66.33%

NAV & Total Return History


Holdings

USAAX - Holdings

Concentration Analysis

USAAX Category Low Category High USAAX % Rank
Net Assets 3.26 B 818 K 235 B 34.47%
Number of Holdings 93 1 2263 28.26%
Net Assets in Top 10 1.1 B 399 K 71.6 B 37.50%
Weighting of Top 10 39.34% 13.5% 100.0% 75.61%

Top 10 Holdings

  1. Amazon.com Inc 7.57%
  2. Microsoft Corp 5.69%
  3. Visa Inc Class A 5.10%
  4. Alphabet Inc Class C 4.01%
  5. Facebook Inc A 3.75%
  6. NVIDIA Corp 3.37%
  7. Apple Inc 2.76%
  8. Alibaba Group Holding Ltd ADR 2.58%
  9. Salesforce.com Inc 2.57%
  10. PayPal Holdings Inc 1.93%

Asset Allocation

Weighting Return Low Return High USAAX % Rank
Stocks
99.39% 60.93% 103.32% 32.65%
Cash
0.61% -5.73% 39.07% 63.18%
Preferred Stocks
0.00% 0.00% 2.55% 64.32%
Other
0.00% -1.64% 18.70% 66.29%
Convertible Bonds
0.00% 0.00% 6.70% 60.83%
Bonds
0.00% -0.48% 13.73% 62.95%

Stock Sector Breakdown

Weighting Return Low Return High USAAX % Rank
Technology
31.31% 4.67% 54.73% 49.77%
Consumer Cyclical
17.82% 0.00% 44.53% 27.35%
Healthcare
15.65% 0.00% 60.93% 38.33%
Communication Services
13.76% 0.00% 34.83% 36.67%
Financial Services
9.19% 0.00% 41.40% 65.61%
Industrials
6.97% 0.00% 24.88% 34.70%
Consumer Defense
3.78% 0.00% 19.15% 52.35%
Real Estate
1.27% 0.00% 22.16% 61.89%
Energy
0.26% 0.00% 7.94% 32.95%
Utilities
0.00% 0.00% 11.79% 73.64%
Basic Materials
0.00% 0.00% 13.33% 89.17%

Stock Geographic Breakdown

Weighting Return Low Return High USAAX % Rank
US
92.42% 60.93% 100.05% 57.95%
Non US
6.97% 0.00% 18.83% 31.14%

Expenses

USAAX - Expenses

Operational Fees

USAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 24.73% 63.42%
Management Fee 0.65% 0.00% 1.40% 52.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.02% 80.05%

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% 464.00% 74.77%

Distributions

USAAX - Distributions

Dividend Yield Analysis

USAAX Category Low Category High USAAX % Rank
Dividend Yield 0.00% 0.00% 19.69% 61.61%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

USAAX Category Low Category High USAAX % Rank
Net Income Ratio 0.41% -8.87% 2.43% 26.65%

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
0.02 37.28 8.3 1.34