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USAA Tax Exempt Intermediate-Term (USATX)

On Feb 9: 12.91 USD  Down 0.01 (0.08%)  
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USAA MUTUAL FDS TR TAX EXEMPT I Delayed quote dataEdit
Net Asset Value: 12.91
Trade Time: Feb 9
Change: Down 0.01 (0.08%)
Prev Close: 12.91
YTD Return*: 0.65%
Net Assets*: 2.83B
Yield*: 4.52%
* As of 31-Jan-10
USAA Tax Exempt Intermediate-Term (USATX)
3m  6m  1y  2y  5y  max 
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HEADLINES
Can Performance Fees Save Mutual Funds?
ETFguide.com (Tue, Apr 21)
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31-Jan-10
FUND BASICS
Morningstar Overall Rating: 4 stars
Total Assets: 2.83B
Category: Muni National Interm
Total Expense Ratio: 0.45%
Fund Profile - Holdings


31-Jan-10
PERFORMANCE & RISK
YTD Return: 0.65%
5y Avg Return: 3.75%
Rank in Category (ytd): 86
% Rank in Category (ytd): 32.95%
Beta (3y): 1.07
Morningstar Risk Rating: Above average
Performance Details - Risk Details

FUND SUMMARY
The investment seeks interest income exempt from federal income tax. The fund invests primarily in municipal obligations. At least 80% of its annual interest income is typically exempt from regular federal income tax and the Alternative Minimum Tax. At least 50% of the municipal securities purchased by the fund are rated A or higher; the remainder may be rated no lower than BBB at the time of purchase. The average-weighted maturity typically ranges between three and 10 years.
Fund Profile


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