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.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=USAA
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 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=USAA Investment Management Company
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Ultrashort Bond
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=San Antonio___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=State Street Bank & Trust Co
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