Victory Tax Exempt Short-Term Fund (USSTX)
| Fund Assets | 631.65M |
| Expense Ratio | 0.50% |
| Min. Investment | $3,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.75% |
| Dividend Growth | -3.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.41 |
| YTD Return | 0.99% |
| 1-Year Return | 4.84% |
| 5-Year Return | 9.46% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.41 |
| Beta (5Y) | 0.12 |
| Holdings | 351 |
| Inception Date | Mar 19, 1982 |
About USSTX
Victory Tax Exempt Short-Term Fund is a **municipal bond mutual fund** focused on generating **interest income exempt from federal income tax**. The fund primarily invests in **investment-grade, tax-exempt securities** issued by state and local governments and related entities, emphasizing high credit quality to support capital preservation. Its portfolio maintains an **average dollar-weighted maturity of three years or less**, positioning the fund in the short-term segment of the municipal market, which typically reduces sensitivity to interest rate changes compared with longer-duration strategies. Victory Tax Exempt Short-Term Fund plays a role as a **short-duration, tax-efficient fixed income holding** for investors seeking federally tax-exempt income and moderate volatility relative to longer-term municipal funds. Managed within a diversified portfolio of municipal obligations, the fund contributes to overall fixed income diversification while targeting stable, tax-advantaged cash flows in the broader U.S. bond market.
Performance
USSTX had a total return of 4.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.56%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02226 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02426 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02365 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0243 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0239 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02394 | Sep 2, 2025 |