Victory Tax-Exempt Long-Term Fund Fund (USTEX)
12.06
0.00 (0.00%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.45% | 1.599B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -117.58M | 6.55% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with interest income that is exempt from federal income tax. The Fund invests in investment grade securities, the interest from which is exempt from federal income tax. The Fund invests at least 80% of its net assets in tax-exempt securities with average maturity of 10 years or more. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Victory Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
58
-99.16M
Peer Group Low
809.96M
Peer Group High
1 Year
% Rank:
73
-117.58M
-787.31M
Peer Group Low
6.079B
Peer Group High
3 Months
% Rank:
72
-397.00M
Peer Group Low
1.450B
Peer Group High
3 Years
% Rank:
82
-4.696B
Peer Group Low
16.26B
Peer Group High
6 Months
% Rank:
72
-636.26M
Peer Group Low
2.119B
Peer Group High
5 Years
% Rank:
81
-8.303B
Peer Group Low
33.26B
Peer Group High
YTD
% Rank:
73
-391.95M
Peer Group Low
1.826B
Peer Group High
10 Years
% Rank:
88
-7.333B
Peer Group Low
45.51B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.03% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.97% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| REGIONAL TRANSN AUTH ILL IL 6.500 07/01/2030 | 2.63% | 108.66 | -0.02% |
| MIAMI-DADE CNTY FLA WTR & SWR REV FL 4.000 10/01/2044 | 1.33% | 100.27 | 0.00% |
| TEXAS ST TPK AUTH CENT TEX TPK SYS REV TX 0.000 08/15/2030 | 1.04% | 87.82 | 0.03% |
| MISSOURI DEV FIN BRD INFRASTRUCTURE FACS LEASEHOLD REV MO 4.000 06/01/2046 | 1.01% | 95.30 | 0.01% |
|
Other Assets less Liabilities
|
0.97% | -- | -- |
| MIDLOTHIAN TEX INDPT SCH DIST TX 02/15/2047 (Called) | 0.96% | -- | -- |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV NE 5.000 09/01/2042 | 0.90% | 102.24 | 0.00% |
| HARRIS CNTY TEX HOSP DIST REV TX 4.000 02/15/2042 | 0.89% | 96.46 | 0.07% |
| NEW JERSEY ST TRANSN TR FD AUTH NJ 4.000 06/15/2050 | 0.86% | 92.38 | 0.00% |
| SANGAMON CNTY ILL WTR RECLAMATION DIST IL 4.000 01/01/2049 | 0.84% | 88.54 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.25% |
| Administration Fee | 2.57M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 3000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with interest income that is exempt from federal income tax. The Fund invests in investment grade securities, the interest from which is exempt from federal income tax. The Fund invests at least 80% of its net assets in tax-exempt securities with average maturity of 10 years or more. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Victory Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-30-26) | 3.69% |
| 30-Day SEC Yield (3-31-26) | 3.92% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 552 |
| Bond | |
| Yield to Maturity (3-31-26) | 4.73% |
| Effective Duration | 7.39 |
| Average Coupon | 4.67% |
| Calculated Average Quality | 3.099 |
| Effective Maturity | 8.140 |
| Nominal Maturity | 19.56 |
| Number of Bond Holdings | 544 |
As of March 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:USTEX", "name") |
| Broad Asset Class: =YCI("M:USTEX", "broad_asset_class") |
| Broad Category: =YCI("M:USTEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:USTEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |