Victory Tax Exempt Short-Term Fund (USSTX)

Fund Assets	611.75M
Expense Ratio	0.55%
Min. Investment	$3,000
Turnover	31.00%
Dividend (ttm)	0.28
Dividend Yield	2.76%
Dividend Growth	-3.84%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.28
YTD Return	1.10%
1-Year Return	2.48%
5-Year Return	9.37%
52-Week Low	10.26
52-Week High	10.42
Beta (5Y)	0.11
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.

• Fund Family: Victory Capital Management Inc.
• Category: Muni National Short
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: USSTX
• Share Class: Victory Tax Exempt Short-term Fund Shares
• Index: Bloomberg Muni Bond Short (1-5) TR

Performance

USSTX had a total return of 2.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
USTIX	Victory Tax Exempt Short-term Fund Institutional Shares	0.51%
UTESX	Victory Tax Exempt Short-term Fund Class A	0.78%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02416	Aug 3, 2026
Jun 30, 2026	$0.02381	Jul 1, 2026
May 29, 2026	$0.02402	Jun 1, 2026
Apr 30, 2026	$0.02448	May 1, 2026
Mar 31, 2026	$0.02355	Apr 1, 2026
Feb 27, 2026	$0.0216	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 24, 2026

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