USSCX: USAA Science & Technology

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USSCX USAA Science & Technology


Profile

USSCX - Profile

Vitals

  • YTD Return 9.8%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $1.37 B
  • Holdings in Top 10 29.2%

52 WEEK LOW AND HIGH

$25.70
$16.76
$29.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.02%

SALES FEES

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

BROKERAGE FEES

  • Turnover 109.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 9.8%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.39%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    USAA Science & Technology Fund
  • Fund Family Name
    USAA
  • Inception Date
    Aug 01, 1997
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Averill

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Categories

Performance

USSCX - Performance

Return Ranking - Trailing

Period USSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.8% -17.5% 27.6% 32.40%
1 Yr -2.5% -18.4% 46.4% 94.86%
3 Yr 0.0%* -25.1% 24.4% 88.13%
5 Yr 2.7%* -19.1% 20.5% 82.64%
10 Yr 9.6%* -3.2% 18.1% 60.55%

* Annualized

Return Ranking - Calendar

Period USSCX Return Category Return Low Category Return High Rank in Category (%)
2019 7.3% -3.0% 62.7% 94.22%
2018 -17.5% -49.7% 4.3% 66.87%
2017 25.6% -17.3% 55.5% 60.78%
2016 -1.4% -17.1% 32.1% 84.72%
2015 4.2% -17.6% 11.6% 26.39%

Total Return Ranking - Trailing

Period USSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.8% -17.5% 27.6% 32.40%
1 Yr -2.5% -18.4% 46.4% 94.86%
3 Yr 0.0%* -25.1% 28.5% 92.50%
5 Yr 2.7%* -19.1% 28.5% 88.19%
10 Yr 9.6%* -3.2% 22.8% 78.90%

* Annualized

Total Return Ranking - Calendar

Period USSCX Return Category Return Low Category Return High Rank in Category (%)
2019 7.3% -3.0% 62.7% 94.22%
2018 -17.5% -49.7% 5.1% 76.07%
2017 25.6% -17.3% 55.5% 75.82%
2016 -1.4% -17.1% 32.8% 93.06%
2015 4.2% -13.9% 83.1% 51.39%

NAV & Total Return History


Holdings

USSCX - Holdings

Concentration Analysis

USSCX Category Low Category High USSCX % Rank
Net Assets 1.37 B 75.8 K 29.9 B 36.81%
Number of Holdings 243 22 384 2.75%
Net Assets in Top 10 343 M 33.5 K 17.9 B 46.15%
Weighting of Top 10 29.15% 14.3% 84.3% 90.66%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High USSCX % Rank
Stocks
97.49% 66.31% 100.29% 30.77%
Cash
2.26% -0.29% 33.69% 68.13%
Preferred Stocks
0.24% 0.00% 1.04% 2.75%
Other
0.00% -1.03% 6.59% 78.02%
Convertible Bonds
0.00% 0.00% 0.11% 75.82%
Bonds
0.00% 0.00% 2.02% 80.77%

Stock Sector Breakdown

Weighting Return Low Return High USSCX % Rank
Technology
52.32% 27.00% 99.44% 78.57%
Healthcare
25.53% 0.00% 33.92% 6.04%
Communication Services
8.47% 0.00% 39.87% 75.27%
Consumer Cyclical
5.43% 0.00% 31.80% 64.29%
Financial Services
4.05% 0.00% 42.12% 59.34%
Industrials
3.43% 0.00% 26.06% 22.53%
Consumer Defense
0.76% 0.00% 10.34% 10.99%
Utilities
0.00% 0.00% 5.23% 75.27%
Real Estate
0.00% 0.00% 11.22% 84.07%
Energy
0.00% 0.00% 1.12% 76.92%
Basic Materials
0.00% 0.00% 3.58% 79.12%

Stock Geographic Breakdown

Weighting Return Low Return High USSCX % Rank
US
87.06% 43.10% 99.02% 35.71%
Non US
10.43% 0.56% 55.78% 52.20%

Expenses

USSCX - Expenses

Operational Fees

USSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.10% 26.92% 69.89%
Management Fee 0.75% 0.09% 1.95% 44.75%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.04% 0.50% 53.06%

Sales Fees

USSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

USSCX 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.

USSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 109.00% 0.00% 732.00% 87.21%

Distributions

USSCX - Distributions

Dividend Yield Analysis

USSCX Category Low Category High USSCX % Rank
Dividend Yield 0.00% 0.00% 9.62% 75.82%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

USSCX Category Low Category High USSCX % Rank
Net Income Ratio -0.39% -2.08% 1.95% 53.98%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

USSCX - Fund Manager Analysis

Managers

John Averill


Start Date

Tenure

Tenure Rank

Jun 28, 2002

17.85

17.9%

John F. Averill, CFA, Senior Managing Director and Global Industry Analyst of Wellington Management, has been involved in portfolio management and securities analysis for the Portfolio since 2003. Mr. Averill joined Wellington Management as an investment professional in 1994. John is a member of Wellington Management’s Global Industry Research Group. He is responsible for following the communication equipment and components sector and networking and storage companies. In addition to his coverage assignments, he is an active participant in the firm’s Technology Sector Team, which seeks to share insights on dynamics of the tech sector and its cycle. John’s professional background blends broad-based research with hands-on experience in the computer industry. Prior to joining the firm in 1994, he was at Eaton Vance (1990 – 1994). His research analysis covered industries ranging from banks to food stocks to telecommunications. Before that, he worked in the computer industry as a hardware design engineer at Data General (1986 – 1988). John received his MS from the Massachusetts Institute of Technology (Sloan, 1990) and his BS in electrical engineering, with distinction, from Cornell University (1986). Additionally, he holds the Chartered Financial Analyst designation.

Ann Gallo


Start Date

Tenure

Tenure Rank

Aug 31, 2003

16.68

16.7%

Ann C. Gallo, Senior Managing Director, and Global Industry Analyst of Wellington Management, joined as an investment professional in 1998. Prior to that, Ann was a health care analyst with BT Alex. Brown (1995 — 1998). She was an investment banker and a health care analyst at Piper Jaffray in Minneapolis (1992 — 1995). Previously, she was a financial analyst with Citibank N.A. (1991 — 1992) and an accountant with Coopers & Lybrand (1987 — 1989). Ann received her MS from the Massachusetts Institute of Technology and her BS in accounting from Boston College.

Brian Barbetta


Start Date

Tenure

Tenure Rank

Dec 01, 2017

2.41

2.4%

Brian Barbetta, Senior Managing Director, and Global Industry Analyst of Wellington Management, joined the firm as an investment professional in 2012. Mr. Barbetta has been involved in portfolio management and securities analysis for the technology portion of the Fund since December 2017.

Paul Leung


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Paul Leung joined Victory Capital in 2016 in connection with Victory Capital’s acquisition of RS Investments. Prior to joining Victory Capital, Mr. Leung was a member of the RS Growth Team, as an analyst, since 2012. Prior to joining RS Investments in 2012, he worked as a senior investment analyst at Ashfield Capital Partners where he focused on the technology sector. Previously, he held research and financial analyst positions at Sterling Johnston Capital Management, from 2002 to 2010, and Citigroup, from 1999 to 2001. Mr. Leung is a CFA Charterholder. Paul earned his bachelor’s degree in economics and business management from Cornell University.

Christopher Clark


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Christopher W. Clark has been a portfolio manager since 2014. Mr. Clark has been with Victory Capital Management since 2016. From 2007 to 2016, he was an analyst with RS Investment Management Co. LLC, which was acquired by the Victory Capital Management in 2016. Before joining RS Investments, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that, he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a B.A. in economics from the University of Virginia. Chris is a CFA Charterholder.

Stephen Bishop


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Stephen J. Bishop is a co-portfolio manager and analyst on the RS Growth Team. Mr. Bishop has been with Victory Capital since 2016, when Victory Capital acquired RS Investments. Mr. Bishop has been a co-portfolio manager on the RS Growth Team since 2007. He joined RS Investment Management Co. LLC in 1996 as a research analyst primarily covering the technology sector, which remains his area of focus today. Prior to joining RS, he worked as an analyst in the corporate finance department of Dean Witter Reynolds, Inc., for two years. Steve holds a B.A. in economics from the University of Notre Dame and an M.B.A. from Harvard Business School.

Wasif Latif


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Wasif A. Latif, Head of Investments, VictoryShares and Solutions, has co-managed the Fund since July 2019. He is Head of Global Multi-Assets for USAA Asset Management Company and he has worked for the firm since June 2006. Prior to joining USAA Asset Management Company, he was an equity portfolio manager at Deutsche Bank Private Wealth Management (DB PWM) from December 1998 to May 2006, where he was responsible for managing two fund-of-fund products and an international equity fund. Latif was also a member of DB PWM's U.S. Investment Committee responsible for covering the international equity and emerging markets asset classes. Mr. Latif holds a B.S. in finance from University of Indianapolis and a M.B.A. from University of Illinois at Chicago.

Mannik Dhillon


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

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.

Jeffrey Wantman


Start Date

Tenure

Tenure Rank

Dec 01, 2019

0.41

0.4%

Eunhak Bae


Start Date

Tenure

Tenure Rank

Dec 01, 2019

0.41

0.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 30.35 8.23 4.8