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Victory Tax Exempt Short-Term USSTX

Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 10.09  /  0.02 %
  • Total Assets 705.8 Mil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level 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 2.77%
  • Effective Duration 2.55 years

Morningstar’s Analysis USSTX

Will USSTX outperform in future?

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

Leadership changes on this straightforward short-term muni strategy.

Analyst Thomas Murphy

Thomas Murphy

Analyst

Summary

Victory Tax Exempt Short-Term’s team recently experienced leadership changes, and its buy-and-hold approach lacks an edge over competitors. The strategy retains a Morningstar Medalist Rating of Neutral for its cheaper share classes and a Negative for its more expensive share class.

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Portfolio Holdings USSTX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 354
  • Other Holdings 11
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 5.15%

1.89
13,355,000
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8%

1.84
13,006,735
municipal

LONG IS PWR AUTH N Y ELEC SYS REV 4.43%

1.46
10,314,244
municipal

CHESAPEAKE BAY BRDG & TUNL DIST VA REV 5%

1.44
10,141,981
Cash and Equivalents

JOHNSON CITY N Y 5.25%

1.42
10,021,491
municipal

MISSISSIPPI HOSP EQUIP & FACS AUTH REV 5%

1.42
9,998,094
municipal

LONG BEACH N Y 4%

1.41
9,990,401
municipal

ILLINOIS FIN AUTH REV 4%

1.41
9,987,741
municipal

PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4.508%

1.41
9,979,524
municipal

KENTUCKY ECONOMIC DEV FIN AUTH REV 5.38%

1.41
9,938,957
municipal