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Morningstar

VictoryShares Short-Term Bond ETF USTB

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub

Morningstar’s Analysis USTB

Will USTB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable USTB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the USTB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of USTB’s parent organization’s priorities and whether they’re in line with investors’ interests.

Credit-heavy for a short-term offering.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

VictoryShares Short-Term Bond ETF USTB has had success but its industry-standard approach and elevated credit risk relative to peers, paired with leaner analyst resources, provide pause.

by Sam Kulahan
Rated on Published on

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Portfolio Holdings USTB

More USTB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

1.75 10.7 Mil
Government

United States Treasury Notes 0.5%

1.71 10.4 Mil
Government

United States Treasury Notes 1.625%

1.69 10.3 Mil
Government

United States Treasury Notes 4.125%

1.59 9.7 Mil
Government

Brookfield Corporate Treasury Ltd. 0%

0.98 6.0 Mil
Cash and Equivalents

QUANTA SVCS INC 0%

0.98 6.0 Mil
Cash and Equivalents

Global Payments 4/29/24

0.98 6.0 Mil
—

International Flavors & Fragrances Inc. 0%

0.95 5.8 Mil
Cash and Equivalents

Canadian Natural Resources Limited 0%

0.95 5.8 Mil
Cash and Equivalents

Guadalupe Valley Electric Cooperative Inc. 0%

0.82 5.0 Mil
Cash and Equivalents