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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA High Income Fund

USHYX | Fund

$6.40

$1.13 B

5.83%

$0.37

0.76%

Vitals

YTD Return

-18.4%

1 yr return

-5.3%

3 Yr Avg Return

2.2%

5 Yr Avg Return

2.5%

Net Assets

$1.13 B

Holdings in Top 10

8.1%

52 WEEK LOW AND HIGH

$6.4
$6.40
$7.88

Expenses

OPERATING FEES

Expense Ratio 0.76%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$3,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA High Income Fund

USHYX | Fund

$6.40

$1.13 B

5.83%

$0.37

0.76%

USHYX - Profile

Distributions

  • YTD Total Return -18.4%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.01%
DIVIDENDS
  • Dividend Yield 5.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    USAA High Income Fund
  • Fund Family Name
    USAA
  • Inception Date
    Aug 02, 1999
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Julianne Bass

Fund Description

The fund primarily invests its assets in a broad range of U.S. dollar-denominated high-yield securities, including bonds, convertible securities, leveraged loans, or preferred stocks, with an emphasis on non-investment-grade debt securities. Although the fund will invest primarily in U.S. securities, it may invest without limit in dollar-denominated foreign securities and to a limited extent in non-dollar-denominated foreign securities, including in each case emerging-markets securities.


USHYX - Performance

Return Ranking - Trailing

Period USHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.4% -57.5% 9.6% 70.04%
1 Yr -5.3% -37.5% 44.9% 55.29%
3 Yr 2.2%* -25.4% 17.4% 71.61%
5 Yr 2.5%* -15.8% 13.4% 71.47%
10 Yr 4.7%* 0.4% 9.0% 43.04%

* Annualized

Return Ranking - Calendar

Period USHYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.6% -47.5% 15.2% 27.89%
2020 -1.9% -56.9% 399.1% 78.46%
2019 6.7% -53.7% 226.1% 66.37%
2018 -9.0% -33.7% 2.0% 79.45%
2017 1.2% -9.5% 18.8% 47.10%

Total Return Ranking - Trailing

Period USHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.4% -57.5% 9.6% 69.37%
1 Yr -5.3% -37.5% 52.4% 48.28%
3 Yr 2.2%* -25.4% 16.3% 64.46%
5 Yr 2.5%* -15.8% 12.7% 65.24%
10 Yr 4.7%* 0.4% 9.0% 40.26%

* Annualized

Total Return Ranking - Calendar

Period USHYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.6% -47.5% 15.2% 28.03%
2020 -1.9% -56.9% 399.1% 78.46%
2019 6.7% -53.7% 226.1% 68.63%
2018 -9.0% -33.7% 2.0% 82.99%
2017 1.2% -9.4% 18.8% 60.63%

NAV & Total Return History


USHYX - Holdings

Concentration Analysis

USHYX Category Low Category High USHYX % Rank
Net Assets 1.13 B 1.47 M 26.2 B 29.27%
Number of Holdings 472 2 2736 29.86%
Net Assets in Top 10 95.7 M -492 M 2.55 B 33.67%
Weighting of Top 10 8.13% 3.0% 100.0% 78.67%

Top 10 Holdings

  1. Dairy Farmers of America Inc 0% 1.13%
  2. Community Health Systems Incorporated 8% 1.06%
  3. Ford Motor Company 6.625% 1.03%
  4. PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 0.17% 1.02%
  5. T-Mobile US, Inc. 7.62% 1.01%
  6. HCA Inc. 5.62% 0.95%
  7. Nustar Logistics, L.P. 0% 0.93%
  8. Kraft Heinz Foods Company 4.62% 0.93%
  9. Ford Motor Credit Company LLC 5.113% 0.90%
  10. Deutsche Bank AG New York Branch 0% 0.87%

Asset Allocation

Weighting Return Low Return High USHYX % Rank
Bonds
91.41% 0.00% 154.38% 72.78%
Cash
4.39% -52.00% 100.00% 30.62%
Preferred Stocks
2.19% 0.00% 14.10% 4.07%
Convertible Bonds
1.15% 0.00% 17.89% 45.74%
Stocks
0.86% -0.60% 52.82% 32.03%
Other
0.00% -63.70% 32.06% 76.24%

Stock Sector Breakdown

Weighting Return Low Return High USHYX % Rank
Energy
27.32% 0.00% 100.00% 53.16%
Healthcare
22.17% 0.00% 30.07% 0.73%
Financial Services
20.51% 0.00% 100.00% 13.35%
Real Estate
14.31% 0.00% 86.71% 8.01%
Communication Services
8.11% 0.00% 99.99% 34.95%
Basic Materials
7.58% 0.00% 100.00% 16.99%
Utilities
0.00% 0.00% 100.00% 74.27%
Technology
0.00% 0.00% 34.19% 73.54%
Industrials
0.00% 0.00% 100.00% 75.49%
Consumer Defense
0.00% 0.00% 100.00% 73.30%
Consumer Cyclical
0.00% 0.00% 100.00% 81.31%

Stock Geographic Breakdown

Weighting Return Low Return High USHYX % Rank
US
0.76% -0.60% 47.59% 31.00%
Non US
0.10% -0.01% 9.63% 24.14%

Bond Sector Breakdown

Weighting Return Low Return High USHYX % Rank
Corporate
93.01% 0.00% 100.00% 68.45%
Cash & Equivalents
4.43% 0.00% 99.98% 34.35%
Government
1.30% 0.00% 99.07% 16.67%
Securitized
1.00% 0.00% 97.24% 22.90%
Municipal
0.25% 0.00% 1.17% 4.33%
Derivative
0.00% 0.00% 45.95% 75.45%

Bond Geographic Breakdown

Weighting Return Low Return High USHYX % Rank
US
76.14% 0.00% 150.64% 76.37%
Non US
15.27% 0.00% 96.17% 28.84%

USHYX - Expenses

Operational Fees

USHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.02% 4.67% 54.95%
Management Fee 0.44% 0.00% 1.84% 18.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% 75.57%

Sales Fees

USHYX 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

USHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 80.00%

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.

USHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 327.00% 23.77%

USHYX - Distributions

Dividend Yield Analysis

USHYX Category Low Category High USHYX % Rank
Dividend Yield 5.83% 0.00% 30.27% 15.30%

Dividend Distribution Analysis

USHYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

USHYX Category Low Category High USHYX % Rank
Net Income Ratio 5.01% -2.39% 14.30% 20.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

USHYX - Fund Manager Analysis

Managers

Julianne Bass


Start Date

Tenure

Tenure Rank

Jan 04, 2007

15.41

15.4%

Julianne Bass, CFA, Victory Capital Senior Portfolio Manager–USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since 2007. Ms. Bass has 32 years of investment management experience including 20 years with AMCO, which was acquired by the Adviser’s parent company in 2019. Education: B.B.A., University of Texas at Austin; M.B.A., University of Houston. She holds the Chartered Financial Analyst (“CFA”) designation and is a member of the CFA Institute and the CFA Society of San Antonio.

John Spear


Start Date

Tenure

Tenure Rank

Nov 04, 2016

5.57

5.6%

CFA, Senior Vice President, Chief Investment Officer of USAA Investments, has co-managed the Fund since November 2016. Mr. Spear has managed the USAA Life Insurance Portfolio since November 1999 and has supervised the USAA fixed-income portfolio management team since May 2012.Education: B.B.A., Western Illinois University. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.

Kurt Daum


Start Date

Tenure

Tenure Rank

Nov 04, 2016

5.57

5.6%

Kurt Daum, J.D., Executive Director of Mutual Funds Portfolios, focusing on all areas of fixed-income research, has co-managed the Fund since November 2016. Prior to joining USAA, he was a Director at Highland Capital Management focused on fixed-income and private equity investing from January 2009 until November 2013. Education: B.B.A., University of Texas at Austin; J.D., University of Texas School of Law.

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.

R.Neal Graves


Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.92

2.9%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.16 2.92