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USSBX USAA Short-Term Bond

  • Fund
  • USSBX
  • Price as of: Apr 23, 2019
  • $9.16 + $0.01 + 0.11%
  • Category
  • Total Bond Market

USSBX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return -0.2%
  • Net Assets $3.31 B
  • Holdings in Top 10 8.7%

52 WEEK LOW AND HIGH

$9.16
$9.03
$9.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.59%

SALES FEES

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

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name USAA Short Term Bond Fund
  • Fund Family Name USAA
  • Inception Date Jun 01, 1993
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund normally invests at least 80% of its assets in a broad range of investment-grade debt securities that have a dollar-weighted average portfolio maturity of three years or less. The debt securities in which the fund may invest include, among others, obligations of U.S., state, and local governments, their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics.

USSBX - Performance

Return Ranking - Trailing

Period USSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -0.6% 12.8% 69.38%
1 Yr 1.1% -12.6% 3.6% 44.43%
3 Yr 0.1%* -4.6% 43.2% 24.37%
5 Yr -0.2%* -7.3% 23.2% 23.95%
10 Yr 0.7%* -7.4% 15.9% 50.36%

* Annualized


Return Ranking - Calendar

Period USSBX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.2% -22.2% 3.1% 22.15%
2017 0.3% -5.1% 25.1% 67.75%
2016 1.1% -8.5% 192.8% 33.68%
2015 -1.6% -33.0% 3.0% 30.79%
2014 -0.1% -29.8% 32.1% 59.26%

Total Return Ranking - Trailing

Period USSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -0.6% 12.8% 70.97%
1 Yr 1.1% -12.6% 7.4% 53.69%
3 Yr 0.1%* -4.6% 48.8% 41.80%
5 Yr -0.2%* -7.3% 28.4% 46.75%
10 Yr 0.7%* -7.4% 18.9% 66.59%

* Annualized


Total Return Ranking - Calendar

Period USSBX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.2% -22.2% 7.9% 30.54%
2017 0.3% -4.6% 25.1% 73.31%
2016 1.1% -4.1% 204.3% 47.35%
2015 -1.6% -32.4% 4.2% 44.67%
2014 -0.1% -29.8% 32.1% 68.74%

NAV & Total Return History

USSBX - Holdings

Concentration Analysis

USSBX Category Low Category High USSBX % Rank
Net Assets 3.31 B 330 K 216 B 28.34%
Number of Holdings 571 3 17324 44.47%
Net Assets in Top 10 283 M -898 M 29.3 B 44.00%
Weighting of Top 10 8.66% 3.4% 1616.9% 93.04%

Top 10 Holdings

  1. United States Treasury Notes 1.38% 1.66%

  2. United States Treasury Notes 1.38% 1.35%

  3. FS KKR Capital Corp 4% 0.92%

  4. United States Treasury Notes 1.62% 0.75%

  5. United States Treasury Notes 1.38% 0.73%

  6. Centaur Funding Corporation 0% 0.71%

  7. Hughes Satellite Systems Corporation 6.5% 0.65%

  8. Office Properties Income Trust 3.6% 0.64%

  9. Kraft Heinz Foods Company 4.88% 0.62%

  10. INVISTA Finance LLC 4.25% 0.62%


Asset Allocation

Weighting Return Low Return High USSBX % Rank
Bonds
94.60% -367.37% 611.62% 54.27%
Cash
4.40% -517.20% 476.88% 43.61%
Preferred Stocks
0.87% -0.17% 22.15% 7.49%
Other
0.12% -147.36% 19.81% 32.80%
Stocks
0.00% -0.99% 97.03% 58.78%
Convertible Bonds
0.00% 0.00% 28.21% 85.22%

Bond Sector Breakdown

Weighting Return Low Return High USSBX % Rank
Corporate
61.26% 0.00% 118.10% 8.42%
Securitized
21.48% 0.00% 107.24% 73.16%
Government
8.43% -218.14% 459.02% 74.82%
Municipal
4.31% 0.00% 102.07% 8.15%
Cash & Equivalents
1.92% -790.54% 478.04% 62.82%
Derivative
0.00% -196.76% 272.90% 50.70%

Bond Geographic Breakdown

Weighting Return Low Return High USSBX % Rank
US
81.24% -346.74% 445.61% 54.27%
Non US
13.36% -108.37% 166.01% 41.48%

USSBX - Expenses

Operational Fees

USSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.00% 38.42% 75.75%
Management Fee 0.25% 0.00% 2.15% 14.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.63% 72.84%

Sales Fees

USSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

USSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Turnover 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.

USSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 0.00% 2337.00% 19.15%

USSBX - Distributions

Dividend Yield Analysis

USSBX Category Low Category High USSBX % Rank
Dividend Yield 0.02% 0.00% 0.53% 62.45%

Dividend Distribution Analysis

USSBX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

USSBX Category Low Category High USSBX % Rank
Net Income Ratio 2.18% -1.04% 7.22% 59.05%

Capital Gain Distribution Analysis

USSBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Daily

USSBX - Managers

Tenure Analysis

Category Low

0.0

Category High

30.26

Category Average

6.97

Category Mode

6.87