USAA Ultra Short-Term Bond Institutional

The investment seeks to provide high current income consistent with preservation of principal.
The fund normally invests at least 80% of the fund's assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months or less. These securities will consist primarily of U.S. dollar-denominated debt securities that may include, but are not limited to, obligations of U.S., state, and local governments, their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics, including synthetic securities.

Key stats

Management firm  USAA
Domicile  United States
Fund Administrator  USAA Investment Management Company
Global Branding Name  USAA
12 month yield  1.31%
Fund currency  USD
Launch Date  2013-07-15
ISIN  US9032881990
SEDOL  BCFK9P6
Manager 1 Name  Anthony Era, Jr.
Fund Strategy  Ultrashort Bond
Benchmark  Citi Treasury Bill 3 Mon USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  0.11%
Return - 2 Months  0.05 %
Return - 3 Months  0.26%
Return - 6 Months  0.52 %
Return - 9 months  0.93 %
Return - 12 Months  1.28%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  1.58%
Return YTD  1.13%

Ratings

Morning Star Rating Date   2014-10-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  0.25 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  USAA
Contact Address 2  P.O. Box 659453
Contact Address 3  San Antonio, Texas 78265-9825
Contact city  San Antonio
Contact country  United States
Fund Admin Group  USAA
Web Address  usaa.com
Custodian  State Street Bank & Trust Co
Phone  (800) 531-8722

Price

Last Price Date  2014-11-20
Pre-tax nav  10.10
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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