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Trending ETFs

USAA Income Fund

mutual fund
UIINX
Dividend policy
Active
Price as of:
$13.58 -0.03 -0.22%
primary theme
U.S. Intermediate-Term Bond Duration
UIINX (Mutual Fund)

USAA Income Fund

Dividend policy
Active
Price as of:
$13.58 -0.03 -0.22%
primary theme
U.S. Intermediate-Term Bond Duration
UIINX (Mutual Fund)

USAA Income Fund

Dividend policy
Active
Price as of:
$13.58 -0.03 -0.22%
primary theme
U.S. Intermediate-Term Bond Duration

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA Income Fund

UIINX | Fund

$13.58

$8.4 B

2.64%

$0.36

0.45%

Vitals

YTD Return

-1.9%

1 yr return

3.0%

3 Yr Avg Return

6.6%

5 Yr Avg Return

4.2%

Net Assets

$8.4 B

Holdings in Top 10

6.1%

52 WEEK LOW AND HIGH

$13.6
$13.44
$14.06

Expenses

OPERATING FEES

Expense Ratio 0.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 25.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Core-Plus Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

USAA Income Fund

UIINX | Fund

$13.58

$8.4 B

2.64%

$0.36

0.45%

UIINX - Profile

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.95%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    USAA Income Fund
  • Fund Family Name
    Victory Capital
  • Inception Date
    Aug 01, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Julianne Bass

Fund Description

The fund invests its assets primarily in U.S. dollar-denominated fixed-income securities that have been selected for their high yields relative to the risk involved. It will invest primarily in investment-grade securities but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred as high-yield or "junk" bonds.


UIINX - Performance

Return Ranking - Trailing

Period UIINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -83.6% 94.4% 14.85%
1 Yr 3.0% -9.5% 15.6% 9.01%
3 Yr 6.6%* 0.1% 10.6% 10.56%
5 Yr 4.2%* 0.6% 7.3% 10.53%
10 Yr 4.3%* 0.8% 9.0% 14.02%

* Annualized

Return Ranking - Calendar

Period UIINX Return Category Return Low Category Return High Rank in Category (%)
2020 3.4% -82.5% 1027.9% 61.32%
2019 7.0% -20.8% 23.0% 10.43%
2018 -4.7% -11.4% 2.7% 88.21%
2017 2.0% -49.5% 12.4% 19.18%
2016 2.1% -49.3% 192.8% 9.17%

Total Return Ranking - Trailing

Period UIINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -83.6% 1363.4% 14.94%
1 Yr 3.0% -12.2% 15.6% 6.39%
3 Yr 6.6%* -0.9% 10.3% 9.79%
5 Yr 4.2%* 0.6% 7.3% 9.20%
10 Yr 4.3%* 0.8% 9.0% 12.78%

* Annualized

Total Return Ranking - Calendar

Period UIINX Return Category Return Low Category Return High Rank in Category (%)
2020 3.4% -82.5% 1027.9% 61.32%
2019 7.0% -20.8% 23.0% 11.94%
2018 -4.7% -11.4% 3.9% 89.08%
2017 2.0% -6.0% 12.4% 37.43%
2016 2.1% -7.0% 204.3% 26.36%

NAV & Total Return History


UIINX - Holdings

Concentration Analysis

UIINX Category Low Category High UIINX % Rank
Net Assets 8.4 B 3.2 M 316 B 19.93%
Number of Holdings 1108 1 18612 30.03%
Net Assets in Top 10 494 M -1.01 B 45.4 B 39.22%
Weighting of Top 10 6.14% 3.8% 100.0% 98.52%

Top 10 Holdings

  1. United States Treasury Notes 2% 0.91%
  2. United States Treasury Bonds 2.38% 0.82%
  3. United States Treasury Bonds 2.5% 0.74%
  4. United States Treasury Notes 2.62% 0.62%
  5. United States Treasury Notes 0.12% 0.62%
  6. United States Treasury Bonds 1.88% 0.58%
  7. United States Treasury Bonds 2.25% 0.55%
  8. United States Treasury Bonds 2.25% 0.52%
  9. United States Treasury Notes 1.62% 0.52%
  10. United States Treasury Notes 1.5% 0.50%

Asset Allocation

Weighting Return Low Return High UIINX % Rank
Bonds
91.52% -37.84% 176.88% 71.79%
Cash
5.08% -86.81% 152.67% 36.20%
Convertible Bonds
2.48% 0.00% 20.85% 15.54%
Preferred Stocks
0.91% 0.00% 79.44% 7.95%
Stocks
0.01% -1.05% 24.74% 27.30%
Other
0.00% -16.29% 16.29% 48.54%

Stock Sector Breakdown

Weighting Return Low Return High UIINX % Rank
Real Estate
100.00% 0.00% 100.00% 0.33%
Utilities
0.00% 0.00% 100.00% 59.28%
Technology
0.00% 0.00% 39.94% 53.75%
Industrials
0.00% 0.00% 64.44% 59.61%
Healthcare
0.00% 0.00% 100.00% 56.35%
Financial Services
0.00% 0.00% 100.00% 66.12%
Energy
0.00% 0.00% 100.00% 71.66%
Communication Services
0.00% 0.00% 100.00% 61.89%
Consumer Defense
0.00% 0.00% 99.62% 52.12%
Consumer Cyclical
0.00% 0.00% 100.00% 57.98%
Basic Materials
0.00% 0.00% 100.00% 56.68%

Stock Geographic Breakdown

Weighting Return Low Return High UIINX % Rank
US
0.01% -1.05% 24.47% 24.95%
Non US
0.00% 0.00% 3.29% 50.91%

Bond Sector Breakdown

Weighting Return Low Return High UIINX % Rank
Corporate
57.68% 0.00% 100.00% 4.48%
Securitized
16.79% 0.00% 99.35% 83.91%
Government
10.99% 0.00% 79.70% 83.46%
Municipal
9.58% 0.00% 100.00% 5.76%
Cash & Equivalents
4.95% 0.00% 100.00% 50.82%
Derivative
0.00% 0.00% 22.07% 63.89%

Bond Geographic Breakdown

Weighting Return Low Return High UIINX % Rank
US
79.68% -38.26% 245.19% 65.81%
Non US
11.84% -108.35% 39.51% 41.59%

UIINX - Expenses

Operational Fees

UIINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 2.91% 70.11%
Management Fee 0.24% 0.00% 0.95% 13.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.50% 74.55%

Sales Fees

UIINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

UIINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

UIINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 6.00% 496.00% 4.03%

UIINX - Distributions

Dividend Yield Analysis

UIINX Category Low Category High UIINX % Rank
Dividend Yield 2.64% 0.00% 2.90% 50.09%

Dividend Distribution Analysis

UIINX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

UIINX Category Low Category High UIINX % Rank
Net Income Ratio 2.95% -0.20% 8.97% 6.77%

Capital Gain Distribution Analysis

UIINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

UIINX - Fund Manager Analysis

Managers

Julianne Bass


Start Date

Tenure

Tenure Rank

Jul 16, 2012

9.21

9.2%

Julianne Bass, CFA, Victory Capital Senior Portfolio Manager–USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since 2007. Ms. Bass has 32 years of investment management experience including 20 years with AMCO, which was acquired by the Adviser’s parent company in 2019. Education: B.B.A., University of Texas at Austin; M.B.A., University of Houston. She holds the Chartered Financial Analyst (“CFA”) designation and is a member of the CFA Institute and the CFA Society of San Antonio.

Brian Smith


Start Date

Tenure

Tenure Rank

Dec 01, 2013

7.84

7.8%

Brian W. Smith, CFA, CPA, Executive Director Mutual Funds Portfolios. Mr. Smith has started to engage in investment management and worked for USAA since 1999 and 1985, respectively. Education: B.B.A., University of Texas at San Antonio, M.B.A., University of Texas at San Antonio. He is a member of the CFA Institute and the CFA Society of San Antonio.

John Spear


Start Date

Tenure

Tenure Rank

Nov 04, 2016

4.91

4.9%

CFA, Senior Vice President, Chief Investment Officer of USAA Investments, has co-managed the Fund since November 2016. Mr. Spear has managed the USAA Life Insurance Portfolio since November 1999 and has supervised the USAA fixed-income portfolio management team since May 2012.Education: B.B.A., Western Illinois University. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.

Kurt Daum


Start Date

Tenure

Tenure Rank

Nov 04, 2016

4.91

4.9%

Kurt Daum, J.D., Executive Director of Mutual Funds Portfolios, focusing on all areas of fixed-income research, has co-managed the Fund since November 2016. Prior to joining USAA, he was a Director at Highland Capital Management focused on fixed-income and private equity investing from January 2009 until November 2013. Education: B.B.A., University of Texas at Austin; J.D., University of Texas School of Law.

R.Neal Graves


Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.25

2.3%

R. Neal Graves, CFA, CPA, Victory Capital Senior Portfolio Manager–USAA Investments, A Victory Capital Investment Franchise, has co-managed the Fund since July 2019. Education: Master in Professional Accounting, University of Texas at Austin and a B.B.A., University of Texas at Austin. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.

James Jackson


Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.25

2.3%

James F. Jackson, Jr., CFA, Victory Capital Senior Portfolio Manager and Head of Fixed Income Portfolio Management–USAA Investments, A Victory Capital Investment Franchise. Mr. Jackson has investment management experience since 2000, including 10 years with AMCO, which was acquired by the Adviser's parent company in 2019. Education: M.B.A. with High Distinction, Ross School of Business, University of Michigan and a B.S., United States Naval Academy. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 32.76 6.59 0.5