USBSX: USAA Cornerstone Moderate Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

USAA Cornerstone Moderate

USBSX - Snapshot

Vitals

  • YTD Return 6.8%
  • 3 Yr Annualized Return 8.1%
  • 5 Yr Annualized Return 7.6%
  • Net Assets $1.27 B
  • Holdings in Top 10 40.1%

52 WEEK LOW AND HIGH

$17.09
$14.76
$17.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.14%

SALES FEES

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

BROKERAGE FEES

  • Turnover 87.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500
  • IRA N/A

Fund Classification

Compare USBSX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Franklin Income Fund

Fund

$2.50

+0.40%

$72.90 B

4.65%

$0.12

8.70%

0.61%

Vanguard Wellesley® Income Fund

Fund

$29.67

+0.20%

$66.26 B

2.40%

$0.71

4.73%

0.22%

BlackRock Multi-Asset Income Portfolio

Fund

$11.58

+0.26%

$18.14 B

4.14%

$0.48

3.58%

0.57%

The Hartford Balanced Income Fund

Fund

$16.73

+0.30%

$15.46 B

2.16%

$0.36

5.95%

0.67%

JPMorgan Income Builder Fund

Fund

$11.70

+0.26%

$13.63 B

3.47%

$0.41

5.22%

0.60%

USBSX - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 8.1%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.01%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    USAA Cornerstone Moderate Fund
  • Fund Family Name
    USAA
  • Inception Date
    Sep 01, 1995
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Lance Humphrey

Fund Description

The fund invests in equity securities, bonds, money market instruments, and other instruments including derivatives. It has a target asset class allocation of approximately 50% equity securities and 50% fixed-income securities. The implementation of the asset allocation may involve the extensive use of equity and fixed-income ETFs. The fund also may invest in investment-grade and below-investment-grade ("junk" or high-yield) fixed-income securities.

USBSX - Performance

Return Ranking - Trailing

Period USBSX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -3.8% 16.1% 34.95%
1 Yr 19.5% -2.7% 54.1% 41.24%
3 Yr 8.1%* 2.8% 26.0% 62.80%
5 Yr 7.6%* 3.3% 22.5% 50.53%
10 Yr 5.5%* 3.2% 9.6% 80.12%

* Annualized

Return Ranking - Calendar

Period USBSX Return Category Return Low Category Return High Rank in Category (%)
2020 6.7% -43.0% 40.7% 26.57%
2019 12.6% -9.5% 22.1% 24.30%
2018 -10.8% -21.7% -3.5% 68.89%
2017 5.9% -7.3% 13.7% 49.06%
2016 2.3% -9.0% 23.3% 64.63%

Total Return Ranking - Trailing

Period USBSX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -3.8% 16.1% 34.95%
1 Yr 19.5% -2.7% 67.0% 40.89%
3 Yr 8.1%* -2.3% 26.0% 54.28%
5 Yr 7.6%* 2.8% 22.5% 48.94%
10 Yr 5.5%* 3.2% 9.6% 77.51%

* Annualized

Total Return Ranking - Calendar

Period USBSX Return Category Return Low Category Return High Rank in Category (%)
2020 6.7% -43.0% 40.7% 26.57%
2019 12.6% -9.5% 22.1% 25.38%
2018 -10.8% -21.7% -2.0% 91.33%
2017 5.9% -5.9% 16.6% 83.73%
2016 2.3% -5.0% 23.3% 86.83%

NAV & Total Return History

USBSX - Holdings

Concentration Analysis

USBSX Category Low Category High USBSX % Rank
Net Assets 1.27 B 623 K 72.9 B 37.19%
Number of Holdings 462 3 20603 21.58%
Net Assets in Top 10 478 M -79.9 M 13 B 31.06%
Weighting of Top 10 40.06% 10.3% 100.0% 59.22%

Top 10 Holdings

  1. VictoryShares USAA Cor Intmdt-Trm Bd ETF 8.55%
  2. iShares Core S&P 500 ETF 8.26%
  3. Vanguard FTSE Developed Markets ETF 4.23%
  4. Schwab Fundamental Intl Lg Co ETF 4.17%
  5. iShares Core US Aggregate Bond ETF 3.59%
  6. iShares Core S&P Small-Cap ETF 2.74%
  7. iShares Core MSCI Emerging Markets ETF 2.53%
  8. Schwab Fundamental Emerg Mkts Lg Co ETF 2.37%
  9. Vanguard S&P 500 ETF 1.86%
  10. United States Treasury Notes 1.62% 1.73%

Asset Allocation

Weighting Return Low Return High USBSX % Rank
Stocks 		53.69% 7.19% 237.56% 9.16%
Bonds 		43.16% 0.00% 350.37% 75.78%
Cash 		1.40% -588.33% 28.09% 72.83%
Preferred Stocks 		0.79% -1.01% 71.69% 28.57%
Convertible Bonds 		0.60% 0.00% 52.90% 73.76%
Other 		0.35% -9.84% 100.38% 22.98%

Stock Sector Breakdown

Weighting Return Low Return High USBSX % Rank
Technology 		18.30% 0.00% 60.34% 32.45%
Financial Services 		16.29% 0.00% 41.97% 28.88%
Healthcare 		11.32% 0.00% 34.57% 66.46%
Industrials 		11.20% 0.00% 27.90% 44.25%
Consumer Cyclical 		11.00% 0.00% 33.74% 41.30%
Communication Services 		7.97% 0.00% 22.36% 55.75%
Consumer Defense 		6.61% 0.00% 22.66% 51.71%
Basic Materials 		5.93% 0.00% 21.05% 14.13%
Energy 		4.85% 0.00% 59.85% 37.58%
Real Estate 		3.96% 0.00% 100.00% 52.80%
Utilities 		2.58% 0.00% 100.00% 71.74%

Stock Geographic Breakdown

Weighting Return Low Return High USBSX % Rank
US 		30.76% 3.95% 106.72% 52.33%
Non US 		22.93% 0.00% 130.84% 5.59%

Bond Sector Breakdown

Weighting Return Low Return High USBSX % Rank
Corporate 		41.68% 0.00% 99.19% 46.43%
Government 		29.66% 0.00% 92.68% 30.12%
Securitized 		20.65% 0.00% 50.68% 25.16%
Cash & Equivalents 		4.29% 0.00% 87.38% 77.02%
Municipal 		3.72% 0.00% 100.00% 13.51%
Derivative 		0.00% 0.00% 30.31% 86.49%

Bond Geographic Breakdown

Weighting Return Low Return High USBSX % Rank
US 		39.95% 0.00% 350.37% 46.27%
Non US 		3.21% -26.86% 32.86% 84.78%

USBSX - Expenses

Operational Fees

USBSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.09% 4.29% 39.69%
Management Fee 0.59% 0.00% 1.39% 80.38%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.70% 80.67%

Sales Fees

USBSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

USBSX 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.

USBSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 87.00% 2.00% 395.00% 78.82%

USBSX - Distributions

Dividend Yield Analysis

USBSX Category Low Category High USBSX % Rank
Dividend Yield 1.18% 0.00% 5.64% 73.12%

Dividend Distribution Analysis

USBSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

USBSX Category Low Category High USBSX % Rank
Net Income Ratio 2.01% -0.41% 6.42% 50.20%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

USBSX - Fund Manager Analysis

Managers

Lance Humphrey

Start Date

Tenure

Tenure Rank

Mar 09, 2016

5.31

5.3%

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.

R.Neal Graves

Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.0

2.0%

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.

Mannik Dhillon

Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.0

2.0%

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.

James Jackson

Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.0

2.0%

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
0.04 27.81 6.16 1.5

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.