Victory Tax Exempt Short-Term Fund Institutional (USTIX)
10.33
0.00 (0.00%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.42% | 638.97M | -- | 31.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -44.73M | 3.70% | Upgrade | Upgrade |
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. It invests at least 80% of its net assets in tax-exempt securities with average maturity is three years or less. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short 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:
82
-56.13M
Peer Group Low
377.89M
Peer Group High
1 Year
% Rank:
88
-44.73M
-417.30M
Peer Group Low
2.524B
Peer Group High
3 Months
% Rank:
78
-125.57M
Peer Group Low
1.137B
Peer Group High
3 Years
% Rank:
54
-4.573B
Peer Group Low
2.656B
Peer Group High
6 Months
% Rank:
85
-243.32M
Peer Group Low
1.714B
Peer Group High
5 Years
% Rank:
75
-5.797B
Peer Group Low
4.370B
Peer Group High
YTD
% Rank:
90
-405.63M
Peer Group Low
2.372B
Peer Group High
10 Years
% Rank:
88
-4.876B
Peer Group Low
5.354B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 100.2% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.21% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV TX 2.000 04/01/2040 | 2.74% | -- | -- |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV TX 2.000 04/01/2040 | 2.32% | -- | -- |
| NEW YORK LIBERTY DEV CORP LIBERTY REV NY 2.800 09/15/2069 | 2.14% | 90.16 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 5.000 12/01/2054 | 2.09% | 107.54 | -0.01% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.250 03/01/2055 | 1.65% | 105.85 | 0.00% |
| METROPOLITAN TRANSN AUTH N Y REV NY 3.337 11/15/2042 | 1.54% | -- | -- |
| OWEN CNTY KY WTR FACS REV KY 2.450 06/01/2039 | 1.49% | 94.70 | 0.00% |
| ILLINOIS ST IL 5.000 11/01/2029 | 1.45% | 103.57 | -0.02% |
| NEW YORK N Y NY 1.250 10/01/2046 | 1.36% | 100.00 | 0.00% |
| CORTLAND N Y NY 4.500 05/15/2026 | 1.17% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.02% |
| Administration Fee | 20.75K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 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. It invests at least 80% of its net assets in tax-exempt securities with average maturity is three years or less. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Victory Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 2.85% |
| 30-Day SEC Yield (10-31-25) | 2.91% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 364 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.40% |
| Effective Duration | 2.74 |
| Average Coupon | 4.27% |
| Calculated Average Quality | 3.365 |
| Effective Maturity | 9.698 |
| Nominal Maturity | 13.17 |
| Number of Bond Holdings | 363 |
As of September 30, 2025
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:USTIX", "name") |
| Broad Asset Class: =YCI("M:USTIX", "broad_asset_class") |
| Broad Category: =YCI("M:USTIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:USTIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |