USIBX: USAA Intermediate Term Bond Fund - MutualFunds.com
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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA Intermediate Term Bond Fund

USIBX | fund

$11.03

-

2.43%

$0.26

0.58%

Vitals

YTD Return

0.1%

1 yr return

4.4%

3 Yr Avg Return

7.1%

5 Yr Avg Return

4.9%

Net Assets

$3.64 B

Holdings in Top 10

13.9%

52 WEEK LOW AND HIGH

$11.03
$10.75
$11.38

Expenses

OPERATING FEES

Expense Ratio 0.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 73.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$3,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Core-Plus Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA Intermediate Term Bond Fund

USIBX | fund

$11.03

-

2.43%

$0.26

0.58%

USIBX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    USAA Intermediate Term Bond 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 normally invests at least 80% of its assets in a broad range of debt securities that have a dollar-weighted average portfolio maturity between three to 10 years. It will invest primarily in investment-grade securities, but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred to as high-yield or "junk" bonds.

USIBX - Performance

Return Ranking - Trailing

Period USIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -83.6% 1374.8% 5.61%
1 Yr 4.4% -9.5% 15.9% 5.29%
3 Yr 7.1%* 0.1% 10.6% 6.75%
5 Yr 4.9%* 0.8% 7.9% 4.93%
10 Yr 5.0%* 0.9% 8.7% 4.96%

* Annualized

Return Ranking - Calendar

Period USIBX Return Category Return Low Category Return High Rank in Category (%)
2020 2.4% -82.5% 1027.9% 77.27%
2019 5.7% -20.8% 23.0% 47.73%
2018 -4.5% -11.4% 2.7% 82.95%
2017 2.3% -49.5% 12.4% 13.27%
2016 2.7% -49.3% 192.8% 6.04%

Total Return Ranking - Trailing

Period USIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -83.6% 1375.4% 5.71%
1 Yr 4.4% -12.2% 15.9% 3.95%
3 Yr 7.1%* -0.9% 10.6% 6.24%
5 Yr 4.9%* 0.7% 7.9% 4.33%
10 Yr 5.0%* 0.9% 8.7% 4.28%

* Annualized

Total Return Ranking - Calendar

Period USIBX Return Category Return Low Category Return High Rank in Category (%)
2020 2.4% -82.5% 1027.9% 77.27%
2019 5.7% -20.8% 23.0% 50.05%
2018 -4.5% -11.4% 3.9% 84.91%
2017 2.3% -6.0% 12.4% 32.71%
2016 2.7% -7.0% 204.3% 20.57%

NAV & Total Return History

USIBX - Holdings

Concentration Analysis

USIBX Category Low Category High USIBX % Rank
Net Assets 3.64 B 3.23 M 318 B 30.45%
Number of Holdings 794 1 18612 42.30%
Net Assets in Top 10 554 M -1.01 B 45.4 B 36.74%
Weighting of Top 10 13.91% 4.0% 100.0% 89.88%

Top 10 Holdings

  1. United States Treasury Notes 1.62% 2.57%
  2. Us 10yr Note Fut Jun21 1.80%
  3. Us 10yr Note Fut Jun21 1.80%
  4. Us 10yr Note Fut Jun21 1.80%
  5. Us 10yr Note Fut Jun21 1.80%
  6. Us 10yr Note Fut Jun21 1.80%
  7. Us 10yr Note Fut Jun21 1.80%
  8. Us 10yr Note Fut Jun21 1.80%
  9. Us 10yr Note Fut Jun21 1.80%
  10. Us 10yr Note Fut Jun21 1.80%

Asset Allocation

Weighting Return Low Return High USIBX % Rank
Bonds 		91.50% -48.07% 176.88% 72.38%
Cash 		6.46% -86.81% 162.28% 28.26%
Convertible Bonds 		1.09% 0.00% 38.29% 57.89%
Preferred Stocks 		0.95% 0.00% 84.24% 7.75%
Stocks 		0.00% -0.23% 24.74% 43.48%
Other 		0.00% -15.00% 16.74% 26.34%

Bond Sector Breakdown

Weighting Return Low Return High USIBX % Rank
Securitized 		34.02% 0.00% 98.27% 28.62%
Corporate 		32.21% 0.00% 100.00% 45.58%
Government 		22.76% 0.00% 80.01% 54.33%
Cash & Equivalents 		6.46% 0.00% 100.00% 42.66%
Municipal 		4.55% 0.00% 100.00% 8.93%
Derivative 		0.00% 0.00% 22.07% 48.68%

Bond Geographic Breakdown

Weighting Return Low Return High USIBX % Rank
US 		81.45% -48.49% 245.19% 58.71%
Non US 		10.05% -108.35% 39.51% 46.95%

USIBX - Expenses

Operational Fees

USIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 2.91% 49.86%
Management Fee 0.30% 0.00% 0.95% 27.07%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.50% 70.85%

Sales Fees

USIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

USIBX 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.

USIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 6.00% 496.00% 29.37%

USIBX - Distributions

Dividend Yield Analysis

USIBX Category Low Category High USIBX % Rank
Dividend Yield 2.43% 0.00% 3.20% 20.36%

Dividend Distribution Analysis

USIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

USIBX Category Low Category High USIBX % Rank
Net Income Ratio 3.32% -0.20% 8.97% 3.46%

Capital Gain Distribution Analysis

USIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Monthly

Dividend Payout History

View More +

USIBX - Fund Manager Analysis

Managers

Julianne Bass

Start Date

Tenure

Tenure Rank

Jan 04, 2007

14.67

14.7%

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.

Brian Smith

Start Date

Tenure

Tenure Rank

Dec 01, 2013

7.75

7.8%

Brian W. Smith, CFA, CPA, Executive Director Mutual Funds Portfolios. Mr. Smith has started to engage in investment management and worked for USAA since 1999 and 1985, respectively. Education: B.B.A., University of Texas at San Antonio, M.B.A., University of Texas at San Antonio. He is a member of the CFA Institute and the CFA Society of San Antonio.

John Spear

Start Date

Tenure

Tenure Rank

Nov 04, 2016

4.82

4.8%

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

4.82

4.8%

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

2.17

2.2%

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

2.17

2.2%

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
0.04 32.68 6.65 0.42

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