Victory Portfolios III - Victory Tax Exempt Short-Term Fund (USTIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.18
+0.01 (0.10%)
Dec 20, 2024, 4:00 PM EST
0.30% (1Y)
| Fund Assets | 661.50M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.94% |
| Dividend Growth | 6.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 10.17 |
| YTD Return | 2.92% |
| 1-Year Return | 3.28% |
| 5-Year Return | n/a |
| 52-Week Low | 10.06 |
| 52-Week High | 10.29 |
| Beta (5Y) | n/a |
| Holdings | 368 |
| Inception Date | Jun 29, 2020 |
About USTIX
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 its net assets will consist of tax-exempt securities. The fund's dollar-weighted average portfolio maturity is three years or less. 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 for individual taxpayers.
Fund Family Victory Capital
Category Short Muni Debt
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol USTIX
Index Bloomberg Muni Bond Short (1-5) TR
Performance
USTIX had a total return of 3.28% in the past year. Since the fund's inception, the average annual return has been 1.29%, including dividends.
Top 10 Holdings
19.34% of assets| Name | Symbol | Weight |
|---|---|---|
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV 4.4% | GA BURPOL 11.01.2048 | 2.64% |
| NEW YORK N Y 4.05% | NY NYC 10.01.2046 | 2.63% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3.75% | NY NYCGEN 02.01.2044 | 2.52% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8% | NY NYCDEV 2.8 09.15.2069 | 2.05% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA MAIUTL 12.01.2054 | 2.02% |
| LONG IS PWR AUTH N Y ELEC SYS REV 3.6% | NY LSLPWR 09.01.2038 | 1.55% |
| ILLINOIS FIN AUTH REV 4% | IL ILSGEN 4 02.15.2025 | 1.49% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | KY KYSPWR 12.01.2049 | 1.49% |
| KENTUCKY ECONOMIC DEV FIN AUTH REV 4.55% | KY KYSDEV 02.01.2046 | 1.48% |
| WASHINGTON ST HEALTH CARE FACS AUTH REV 4.55% | WA WASMED 01.01.2035 | 1.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.02515 | Dec 2, 2024 |
| Oct 31, 2024 | $0.02611 | Nov 1, 2024 |
| Sep 30, 2024 | $0.02566 | Oct 1, 2024 |
| Aug 30, 2024 | $0.02539 | Sep 3, 2024 |
| Jul 31, 2024 | $0.02488 | Aug 1, 2024 |
| Jun 28, 2024 | $0.02451 | Jul 1, 2024 |