Victory Portfolios III - Victory Tax Exempt IntermediateTerm Fund USD Cls Z
Fund
UZTIX
Price as of:
$13.19
- $0.00
- 0.00%
Primary Theme
N/A
fund company
Name
As of 03/18/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$3.7 B
Holdings in Top 10
6.2%
52 WEEK LOW AND HIGH
$13.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/18/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
UZTIX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameUSAA Tax Exempt Intermediate-Term Fund Summary
-
Fund Family NameUSAA Mutual Funds Trust
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund invests primarily in investment-grade securities, the interest from which is excludable from gross income for federal income tax purposes (referred to herein as “tax-exempt securities”). During normal market conditions, at least 80% of the Fund’s net assets will consist of tax-exempt securities. The Fund’s dollar-weighted average portfolio maturity is between three and 10 years.In addition, during normal market conditions, at least 80% of the Fund’s annual net investment income dividends will be tax-exempt and excludable from the calculation of the federal alternative minimum tax (“AMT”) for individual taxpayers. This policy may be changed only by a shareholder vote.
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UZTIX - Performance
Return Ranking - Trailing
| Period | UZTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -86.8% | 7.5% | 89.18% |
| 1 Yr | N/A | -48.9% | 15.3% | 23.33% |
| 3 Yr | N/A* | -21.5% | 51.9% | 16.63% |
| 5 Yr | N/A* | -5.9% | 29.0% | 4.52% |
| 10 Yr | N/A* | -3.6% | 13.2% | 9.55% |
* Annualized
Return Ranking - Calendar
| Period | UZTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -91.1% | 101.7% | N/A |
| 2022 | N/A | -79.2% | 102.5% | N/A |
| 2021 | N/A | -66.1% | 60.0% | N/A |
| 2020 | N/A | -57.4% | 7.6% | N/A |
| 2019 | N/A | -35.9% | 3.2% | N/A |
Total Return Ranking - Trailing
| Period | UZTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -86.8% | 7.5% | 88.77% |
| 1 Yr | N/A | -48.9% | 15.4% | 8.21% |
| 3 Yr | N/A* | -21.5% | 51.9% | 13.18% |
| 5 Yr | N/A* | -5.9% | 29.0% | 3.34% |
| 10 Yr | N/A* | -3.6% | 13.3% | 11.13% |
* Annualized
Total Return Ranking - Calendar
| Period | UZTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -91.1% | 101.7% | N/A |
| 2022 | N/A | -79.2% | 102.5% | N/A |
| 2021 | N/A | -66.1% | 60.0% | N/A |
| 2020 | N/A | -57.4% | 7.6% | N/A |
| 2019 | N/A | -35.9% | 3.2% | N/A |
NAV & Total Return History
UZTIX - Holdings
Concentration Analysis
| UZTIX | Category Low | Category High | UZTIX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.7 B | 2.87 M | 73.9 B | 6.93% |
| Number of Holdings | 1181 | 1 | 14000 | 5.98% |
| Net Assets in Top 10 | 237 M | -317 M | 8.64 B | 6.67% |
| Weighting of Top 10 | 6.25% | 2.4% | 100.0% | 94.31% |
Top 10 Holdings
- PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 0.18% 1.25%
- LOWER ALA GAS DIST GAS PROJ REV 5% 0.90%
- GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0% 0.87%
- BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0.09% 0.71%
- PENNSYLVANIA ECONOMIC DEV FING AUTH REV 3% 0.62%
- SUFFOLK CNTY N Y 5% 0.60%
- MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% 0.60%
- ARIZONA HEALTH FACS AUTH REV 1.95% 0.59%
- CHICAGO ILL 0% 0.57%
- ARKANSAS DEV FIN AUTH HEALTH CARE REV 1.627% 0.56%
Asset Allocation
| Weighting | Return Low | Return High | UZTIX % Rank | |
|---|---|---|---|---|
| Bonds | 99.13% | 0.00% | 150.86% | 45.26% |
| Cash | 0.87% | -50.86% | 100.00% | 54.52% |
| Stocks | 0.00% | -0.03% | 4.63% | 3.28% |
| Preferred Stocks | 0.00% | -1.79% | 0.04% | 9.09% |
| Other | 0.00% | -13.03% | 30.01% | 10.37% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 9.18% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | UZTIX % Rank | |
|---|---|---|---|---|
| Derivative | 0.00% | 0.00% | 21.68% | 9.04% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 59.68% |
| Securitized | 0.00% | 0.00% | 5.93% | 10.46% |
| Corporate | 0.00% | 0.00% | 9.99% | 25.11% |
| Municipal | 0.00% | 0.00% | 100.00% | 39.13% |
| Government | 0.00% | 0.00% | 52.02% | 14.75% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | UZTIX % Rank | |
|---|---|---|---|---|
| US | 99.13% | 0.00% | 142.23% | 32.15% |
| Non US | 0.00% | 0.00% | 62.14% | 52.24% |
UZTIX - Expenses
Operational Fees
| UZTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.92% | 0.02% | 3.60% | 56.84% |
| Management Fee | 0.00% | 0.00% | 1.10% | 12.16% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
| UZTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 4.90% | N/A |
| Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
| UZTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
| UZTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 283.00% | 63.45% |
UZTIX - Distributions
Dividend Yield Analysis
| UZTIX | Category Low | Category High | UZTIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 35.27% | 6.30% |
Dividend Distribution Analysis
| UZTIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| UZTIX | Category Low | Category High | UZTIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -0.53% | 24.00% | 8.06% |
Capital Gain Distribution Analysis
| UZTIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 01, 2022 | $0.029 | OrdinaryDividend |
| Feb 01, 2022 | $0.033 | OrdinaryDividend |
| Jan 03, 2022 | $0.034 | OrdinaryDividend |
| Dec 01, 2021 | $0.033 | OrdinaryDividend |
| Nov 01, 2021 | $0.034 | OrdinaryDividend |
| Oct 01, 2021 | $0.033 | OrdinaryDividend |
| Sep 01, 2021 | $0.034 | OrdinaryDividend |
| Aug 02, 2021 | $0.034 | OrdinaryDividend |
| Jul 01, 2021 | $0.034 | OrdinaryDividend |
| Jun 01, 2021 | $0.035 | OrdinaryDividend |
| May 03, 2021 | $0.035 | OrdinaryDividend |
| Apr 01, 2021 | $0.031 | OrdinaryDividend |