Morningstar

Victory Tax Exempt Short-Term Fund USSTX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 10.32  /  0.00
  • Total Assets 620.8M
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.74%
  • Effective Duration 2.75 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis USSTX

Will USSTX outperform in the 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 USSTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the USSTX 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 USSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Victory Tax Exempt Short-Term holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings USSTX

More USSTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.7%

3.03 19M
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8%

2.25 14M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

2.11 13M
municipal

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.7%

2.01 12M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25%

1.64 10M
municipal

METROPOLITAN TRANSN AUTH N Y REV 3.082%

1.61 10M
municipal

OWEN CNTY KY WTR FACS REV 2.45%

1.55 10M
municipal

ILLINOIS ST 5%

1.49 9M
municipal

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.8%

1.25 8M
municipal

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 4%

1.22 8M
municipal

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