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USAA Short-Term Bond Fund
  • Potential stability of bonds can help balance the volatility of stocks. 
  • Greater income potential than money market funds. 
  • Diversified; seeks to help protect principal.
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Summary prospectus, prospectus, annual and semi-annual reports, and SAI

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What are yields?

Yields

History

History

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What are risk measures?

Risk Measures

Distribution

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Top 10 Holdings

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What are characteristics?

Characteristics

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Sector Diversification

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Quality Structure

The fund's investment objective is high current income consistent with preservation of principal. Normally, at least 80% of the fund's assets will be invested in a broad range of investment-grade debt securities with a dollar-weighted average portfolio maturity of three years or less. The debt securities in which the fund may invest include, among others, 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. Although the fund will invest primarily in investment-grade securities, the fund also may invest up to 10% of its net assets in below-investment-grade securities, which sometimes are referred to as high-yield or "junk" bonds. This 80% policy may be changed upon at least 60 days" written notice to shareholders. 

Management Team

Brian Smith
Brian Smith

Victory Capital Senior Portfolio Manager - USAA Investments, a Victory Capital Investment Franchise

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