The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Victory Tax Exempt Long-Term USTEX
- NAV / 1-Day Return 11.90 / +0.01 %
- Total Assets 1.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.460%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 3.69%
- Effective Duration 6.92 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0
Morningstar’s Analysis USTEX
Will USTEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
REGIONAL TRANSN AUTH ILL 6.5% | 2.46 | 43.2 Mil | municipal |
MIAMI-DADE CNTY FLA WTR & SWR REV 4% | 1.22 | 21.4 Mil | municipal |
LIBERTY N Y DEV CORP REV 5.25% | 1.09 | 19.0 Mil | municipal |
MISSOURI DEV FIN BRD INFRASTRUCTURE FACS LEASEHOLD REV 4% | 1.00 | 17.5 Mil | municipal |
MANOR TEX INDPT SCH DIST 5% | 0.90 | 15.7 Mil | municipal |
MIDLOTHIAN TEX INDPT SCH DIST 5% | 0.88 | 15.5 Mil | municipal |
TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0% | 0.86 | 15.1 Mil | municipal |
HARRIS CNTY TEX HOSP DIST REV 4% | 0.85 | 15.0 Mil | municipal |
CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | 0.85 | 14.9 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4% | 0.81 | 14.2 Mil | municipal |