Victory Capital named Zach Winters as a portfolio manager on VictoryShares Short-Term Bond ETF, effective Nov. 1, 2025, and removed Neal Graves. This news does not alter its Above Average People or Process pillars or its Morningstar Medalist Ratings.
VictoryShares Short-Term Bond ETF USTB
Morningstar’s Analysis USTB
Will USTB outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Notes 4.125% | 1.78 | 39M | Government |
United States Treasury Notes 4.125% | 1.59 | 35M | Government |
United States Treasury Notes 3.75% | 1.40 | 31M | Government |
United States Treasury Notes 4% | 1.27 | 28M | Government |
United States Treasury Notes 1.625% | 1.02 | 22M | Government |
United States Treasury Notes 0.5% | 0.76 | 17M | Government |
United States Treasury Notes 4.375% | 0.69 | 15M | Government |
United States Treasury Notes 3.875% | 0.68 | 15M | Government |
United States Treasury Notes 4% | 0.59 | 13M | Government |
Keurig Dr Pepper Inc 0% | 0.58 | 13M | Cash and Equivalents |
United States