Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.0%
1 yr return
4.3%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
1.7%
Net Assets
$34.2 M
Holdings in Top 10
33.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.07%
SALES FEES
Front Load 2.25%
Deferred Load N/A
TRADING FEES
Turnover 6.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GUTEX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.74%
- Dividend Yield 3.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVictory Tax-Exempt Fund
-
Fund Family NameVictory Portfolios
-
Inception DateAug 02, 2016
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Hattman
Fund Description
GUTEX - Performance
Return Ranking - Trailing
Period | GUTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -2.7% | 12.2% | 68.35% |
1 Yr | 4.3% | -3.0% | 38.5% | 23.40% |
3 Yr | -0.9%* | -10.3% | 3.3% | 65.83% |
5 Yr | 1.7%* | -5.7% | 1102.9% | 10.66% |
10 Yr | N/A* | -0.2% | 248.3% | 31.11% |
* Annualized
Return Ranking - Calendar
Period | GUTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.8% | -1.4% | 41.0% | 48.96% |
2022 | -15.4% | -39.7% | 0.3% | 90.67% |
2021 | -1.6% | -5.6% | 6.9% | 93.78% |
2020 | 1.0% | -2.6% | 310.0% | 80.87% |
2019 | 3.9% | 0.0% | 26.0% | 43.20% |
Total Return Ranking - Trailing
Period | GUTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -2.7% | 12.2% | 68.35% |
1 Yr | 4.3% | -3.0% | 38.5% | 23.40% |
3 Yr | -0.9%* | -10.3% | 3.3% | 65.83% |
5 Yr | 1.7%* | -5.7% | 1102.9% | 10.66% |
10 Yr | N/A* | -0.2% | 248.3% | 38.67% |
* Annualized
Total Return Ranking - Calendar
Period | GUTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -1.3% | 41.0% | 14.31% |
2022 | -11.5% | -39.7% | 1.1% | 81.21% |
2021 | 4.2% | -4.8% | 23761504.0% | 5.22% |
2020 | 5.7% | -1.5% | 17057.9% | 8.32% |
2019 | 9.2% | 0.2% | 3514.6% | 5.69% |
NAV & Total Return History
GUTEX - Holdings
Concentration Analysis
GUTEX | Category Low | Category High | GUTEX % Rank | |
---|---|---|---|---|
Net Assets | 34.2 M | 3.48 M | 68.1 B | 95.94% |
Number of Holdings | 61 | 2 | 12848 | 96.46% |
Net Assets in Top 10 | 12.3 M | -317 M | 3.4 B | 93.11% |
Weighting of Top 10 | 33.89% | 1.9% | 100.4% | 8.51% |
Top 10 Holdings
- METROPOLITAN TRANSPORTATION AUTHORITY OF NY 4.39%
- SALES TAX SECURITIZATION CORP IL 4.36%
- LOGAN ELM OH LOCAL SCH DIST 4.00%
- CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT 3.65%
- MISSOURI ST HLTH EDUCTNL FACS AUTH EDUCTNL FACS 3.14%
- ISHARES NATIONAL MUNI BOND ETF 2.98%
- CITY OF CHICAGO IL 2.87%
- GUAM PORT AUTH PORT 2.84%
- MIAMI DADE A REF 2.84%
- CHICAGO IL WSTWTR TRANSMISSION REVENUE 2.83%
Asset Allocation
Weighting | Return Low | Return High | GUTEX % Rank | |
---|---|---|---|---|
Bonds | 95.17% | 0.00% | 150.86% | 87.31% |
Cash | 1.84% | -50.86% | 50.09% | 35.95% |
Stocks | 0.00% | 0.00% | 99.80% | 58.34% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 100.00% |
Other | 0.00% | -8.54% | 33.35% | 93.75% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 100.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GUTEX % Rank | |
---|---|---|---|---|
Municipal | 100.00% | 44.39% | 100.00% | 9.70% |
Derivative | 0.00% | -8.54% | 23.38% | 92.85% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 100.00% |
Securitized | 0.00% | 0.00% | 5.93% | 99.94% |
Corporate | 0.00% | 0.00% | 9.41% | 99.94% |
Government | 0.00% | 0.00% | 52.02% | 100.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GUTEX % Rank | |
---|---|---|---|---|
US | 95.17% | 0.00% | 142.23% | 83.96% |
Non US | 0.00% | 0.00% | 23.89% | 57.15% |
GUTEX - Expenses
Operational Fees
GUTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.07% | 0.01% | 20.65% | 27.48% |
Management Fee | 0.50% | 0.00% | 1.20% | 83.97% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.94% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
GUTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.25% | 0.50% | 4.75% | 86.44% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
GUTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GUTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 6.00% | 0.00% | 283.00% | 8.34% |
GUTEX - Distributions
Dividend Yield Analysis
GUTEX | Category Low | Category High | GUTEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.74% | 0.00% | 14.36% | 3.67% |
Dividend Distribution Analysis
GUTEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GUTEX | Category Low | Category High | GUTEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.74% | -0.53% | 5.33% | 11.29% |
Capital Gain Distribution Analysis
GUTEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.026 | OrdinaryDividend |
Feb 01, 2024 | $0.027 | OrdinaryDividend |
Jan 02, 2024 | $0.026 | OrdinaryDividend |
Dec 01, 2023 | $0.027 | OrdinaryDividend |
Nov 01, 2023 | $0.028 | OrdinaryDividend |
Oct 02, 2023 | $0.027 | OrdinaryDividend |
Sep 01, 2023 | $0.028 | OrdinaryDividend |
Aug 01, 2023 | $0.025 | OrdinaryDividend |
Jul 03, 2023 | $0.027 | OrdinaryDividend |
Jun 01, 2023 | $0.027 | OrdinaryDividend |
May 01, 2023 | $0.026 | OrdinaryDividend |
Apr 03, 2023 | $0.027 | OrdinaryDividend |
Mar 01, 2023 | $0.025 | OrdinaryDividend |
Feb 01, 2023 | $0.028 | OrdinaryDividend |
Jan 03, 2023 | $0.027 | DailyAccrualFund |
Dec 01, 2022 | $0.027 | DailyAccrualFund |
Nov 01, 2022 | $0.028 | DailyAccrualFund |
Oct 03, 2022 | $0.026 | DailyAccrualFund |
Sep 01, 2022 | $0.027 | DailyAccrualFund |
Aug 01, 2022 | $0.025 | DailyAccrualFund |
Jul 01, 2022 | $0.025 | DailyAccrualFund |
Jun 01, 2022 | $0.025 | DailyAccrualFund |
May 02, 2022 | $0.026 | DailyAccrualFund |
Apr 01, 2022 | $0.026 | DailyAccrualFund |
Mar 01, 2022 | $0.024 | DailyAccrualFund |
Feb 01, 2022 | $0.026 | DailyAccrualFund |
Jan 03, 2022 | $0.026 | DailyAccrualFund |
Dec 01, 2021 | $0.026 | DailyAccrualFund |
Nov 01, 2021 | $0.025 | DailyAccrualFund |
Oct 01, 2021 | $0.026 | DailyAccrualFund |
Sep 01, 2021 | $0.026 | DailyAccrualFund |
Aug 02, 2021 | $0.025 | DailyAccrualFund |
Jul 01, 2021 | $0.025 | DailyAccrualFund |
Jun 01, 2021 | $0.029 | DailyAccrualFund |
May 03, 2021 | $0.027 | DailyAccrualFund |
Apr 01, 2021 | $0.028 | DailyAccrualFund |
Mar 01, 2021 | $0.025 | DailyAccrualFund |
Feb 01, 2021 | $0.029 | DailyAccrualFund |
Jan 04, 2021 | $0.029 | DailyAccrualFund |
Dec 01, 2020 | $0.027 | DailyAccrualFund |
Nov 02, 2020 | $0.028 | DailyAccrualFund |
Oct 01, 2020 | $0.026 | DailyAccrualFund |
Sep 01, 2020 | $0.025 | DailyAccrualFund |
Aug 03, 2020 | $0.027 | DailyAccrualFund |
Jul 01, 2020 | $0.026 | DailyAccrualFund |
Jun 01, 2020 | $0.027 | DailyAccrualFund |
May 01, 2020 | $0.026 | DailyAccrualFund |
Apr 01, 2020 | $0.026 | DailyAccrualFund |
Mar 02, 2020 | $0.026 | DailyAccrualFund |
Feb 03, 2020 | $0.026 | DailyAccrualFund |
Dec 31, 2019 | $0.027 | DailyAccrualFund |
Nov 29, 2019 | $0.027 | DailyAccrualFund |
Oct 31, 2019 | $0.030 | DailyAccrualFund |
Sep 30, 2019 | $0.026 | DailyAccrualFund |
Aug 30, 2019 | $0.028 | DailyAccrualFund |
Jul 31, 2019 | $0.028 | DailyAccrualFund |
Jun 28, 2019 | $0.027 | DailyAccrualFund |
May 31, 2019 | $0.029 | DailyAccrualFund |
Apr 30, 2019 | $0.028 | DailyAccrualFund |
Mar 29, 2019 | $0.029 | DailyAccrualFund |
Feb 28, 2019 | $0.026 | DailyAccrualFund |
Jan 31, 2019 | $0.030 | DailyAccrualFund |
Dec 31, 2018 | $0.033 | DailyAccrualFund |
Nov 30, 2018 | $0.029 | DailyAccrualFund |
Oct 31, 2018 | $0.030 | DailyAccrualFund |
Aug 31, 2018 | $0.030 | DailyAccrualFund |
Jul 31, 2018 | $0.030 | DailyAccrualFund |
Jun 29, 2018 | $0.030 | DailyAccrualFund |
May 31, 2018 | $0.031 | DailyAccrualFund |
Apr 30, 2018 | $0.030 | DailyAccrualFund |
Mar 29, 2018 | $0.031 | DailyAccrualFund |
Feb 28, 2018 | $0.028 | DailyAccrualFund |
Jan 31, 2018 | $0.030 | DailyAccrualFund |
Dec 29, 2017 | $0.031 | DailyAccrualFund |
Nov 30, 2017 | $0.030 | DailyAccrualFund |
Oct 31, 2017 | $0.031 | DailyAccrualFund |
Sep 29, 2017 | $0.029 | DailyAccrualFund |
Aug 31, 2017 | $0.031 | DailyAccrualFund |
Jul 31, 2017 | $0.032 | DailyAccrualFund |
Jun 30, 2017 | $0.029 | DailyAccrualFund |
May 31, 2017 | $0.032 | DailyAccrualFund |
Apr 28, 2017 | $0.031 | DailyAccrualFund |
Mar 31, 2017 | $0.032 | DailyAccrualFund |
Feb 28, 2017 | $0.029 | DailyAccrualFund |
Jan 31, 2017 | $0.031 | DailyAccrualFund |
Dec 30, 2016 | $0.033 | DailyAccrualFund |
Nov 30, 2016 | $0.031 | DailyAccrualFund |
Oct 31, 2016 | $0.029 | DailyAccrualFund |
Sep 30, 2016 | $0.029 | DailyAccrualFund |
Aug 31, 2016 | $0.029 | DailyAccrualFund |
GUTEX - Fund Manager Analysis
Managers
Andrew Hattman
Start Date
Tenure
Tenure Rank
Apr 01, 2020
2.16
2.2%
Andrew Hattman, CFA, CAIA, Victory Capital Portfolio Manager--USAA Investments, a Victory Capital investment franchise, has eight years of investment management experience, all of which have been with USAA Asset Management Company (AMCO), which was acquired by the Adviser's parent company in 2019. Mr. Hattman holds CFA and CAIA designations.
Regina Conklin
Start Date
Tenure
Tenure Rank
Apr 01, 2020
2.16
2.2%
Regina G. Conklin, CFA, CPA, Victory Capital Senior Portfolio Manager--USAA Investments, a Victory Capital investment franchise, has 24 years of investment management experience, and has worked 28 years with USAA Asset Management Company (AMCO), which was acquired by the Adviser's parent company in 2019. Ms. Conklin is a member of the CFA Institute, the CFA Society of San Antonio, and the National Federation of Municipal Analysts.
Lauren Spalten
Start Date
Tenure
Tenure Rank
Mar 02, 2021
1.25
1.3%
Lauren Spalten is a Portfolio Manager with USAA Investments, A Victory Capital Investment Franchise, and has managed the Funds since March 2021. In 2018, Ms. Spalten joined USAA Investments as a Municipal Analyst covering the Southeast region. Prior to joining USAA, Lauren was an Associate Director at Standard & Poor's (now S&P Global Ratings), where she specialized in evaluating creditworthiness of state and local governments across the Southwest United States. Lauren has additional experience in commercial real estate development and business plan development, primarily for medical and non-profit entities.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |