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USAA Growth and Tax Strategy

USBLX
17.55
+0.02
+0.11%
12/2/2016
5 Years
  • Previous Close

    17.53

  • Net Assets

    348.30M

  • Yield

    2.38%

  • Front load

    None

  • Expenses

    0.87%

  • Category

    Allocation--30% to 50% Equity

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★★★
Profile

Name of Issuer

USAA

Fund Style

Open

Fund Manager

Dale Hoffmann

Investment Style

Large Blend

The investment seeks a conservative balance for the investor between income, the majority of which is exempt from federal income tax, and the potential for long-term growth of capital to preserve purchasing power. Using preset target ranges, the fund's strategy is to invest a majority of its assets in tax-exempt bonds and money market instruments (50% - 70%) and the remainder in blue chip stocks (30% - 50%). It is managed with the goal of minimizing the impact of federal income tax to shareholders.

Purchase Information

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

Inception

1/11/1989

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