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USAA Growth and Tax Strategy

USBLX
18.25
-0.01
-0.05%
8/25/2016
5 Years
  • Previous Close

    18.26

  • Net Assets

    355.47M

  • Yield

    2.35%

  • 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 and the remainder in blue chip stocks. It is managed with the goal of minimizing the impact of federal income taxes to shareholders.

Purchase Information

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

Inception

1/11/1989

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