Victory Tax Exempt Short-Term Fund (USSTX)
| Fund Assets | 633.34M |
| Expense Ratio | 0.50% |
| Min. Investment | $3,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.75% |
| Dividend Growth | -3.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.37 |
| YTD Return | 0.71% |
| 1-Year Return | 4.06% |
| 5-Year Return | 9.99% |
| 52-Week Low | 10.07 |
| 52-Week High | 10.42 |
| 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 designed to provide investors with tax-exempt income exempt from federal income taxes. The fund pursues its objective by investing principally in investment-grade, tax-exempt securities with an average dollar-weighted portfolio maturity of three years or less, making it a short-term fixed income vehicle. The fund maintains a diversified portfolio across municipal revenue bonds spanning various sectors including utilities, transportation, education, and environmental facilities. This diversification helps protect investor principal while targeting interest income generation. The fund is structured as an open-end mutual fund available to individual investors with a minimum initial investment requirement. Its effective duration of approximately 2.47 years positions it within the national municipal short-term bond category, making it suitable for investors seeking tax-advantaged income with reduced interest rate sensitivity compared to longer-duration fixed income investments.
Performance
USSTX had a total return of 4.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.75%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0216 | Mar 2, 2026 |
| 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 |