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USAA Tax Exempt Intermediate-Term

USATX
13.68
-0.01
-0.06%
5/25/2016
5 Years
  • Previous Close

    13.69

  • Net Assets

    4.47B

  • Yield

    3.24%

  • Front load

    None

  • Expenses

    0.55%

  • Category

    Muni National Interm

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★★★
Profile

Name of Issuer

USAA

Fund Style

Open

Fund Manager

Dale Hoffmann

Investment Style

-

The investment seeks interest income that is exempt from federal income tax. The fund invests primarily in investment-grade securities the interest from which is exempt from federal income tax (referred to herein as "tax-exempt securities"). During normal market conditions, at least 80% of its net assets will consist of tax-exempt securities. The fund's dollar-weighted average portfolio maturity is between three and 10 years.

Purchase Information

Initial Purchase 3,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

3/19/1982

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