Victory Tax Exempt Intermediate-Term’s team recently experienced leadership changes, and their buy-and-hold approach lacks an edge over competitors. The strategy retains a Morningstar Medalist Rating of Neutral for all share classes.
- NAV / 1-Day Return 12.34 / 0.25 %
- Total Assets 3.4 Bil
-
Adj. Expense Ratio
0.490%
- Expense Ratio 0.490%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 3.43%
- Effective Duration 4.94 years
Morningstar’s Analysis USATX
Will USATX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 1138
- Other Holdings 2
- % Assets in Top 10 Holdings 5.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
REGIONAL TRANSN AUTH ILL 4%
0.67
23,092,988
municipal
MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH ENV IMPT REV 2.9%
0.64
21,840,754
municipal
CLARK CNTY NEV ARPT REV 5%
0.60
20,646,220
municipal
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
0.58
20,017,032
municipal
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4.508%
0.58
19,959,048
municipal
ILLINOIS FIN AUTH GAS SUPPLY REV 3.9%
0.58
19,921,759
municipal
KENTUCKY ECONOMIC DEV FIN AUTH REV 5.38%
0.58
19,877,914
municipal
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.03%
0.57
19,648,061
municipal
PENNSYLVANIA ST TPK COMMN TPK REV 4%
0.57
19,638,205
municipal
TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5%
0.56
19,348,524
municipal