Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$10.09
$262 M
5.08%
$0.51
8.30%
YTD Return
5.3%
1 yr return
7.1%
3 Yr Avg Return
3.3%
5 Yr Avg Return
N/A
Net Assets
$262 M
Holdings in Top 10
6.3%
Expense Ratio 8.30%
Front Load N/A
Deferred Load N/A
Turnover 57.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$1,000
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$10.09
$262 M
5.08%
$0.51
8.30%
Period | USBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.3% | 0.0% | 7.1% | 18.98% |
1 Yr | 7.1% | 3.7% | 10.4% | 17.59% |
3 Yr | 3.3%* | -1.2% | 6.7% | 59.13% |
5 Yr | N/A* | -0.8% | 4.9% | 17.24% |
10 Yr | N/A* | -4.3% | 27.9% | 22.39% |
* Annualized
Period | USBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -2.3% | 4.3% | 32.41% |
2022 | -2.7% | -6.5% | 0.5% | 67.46% |
2021 | -0.1% | -2.1% | 0.3% | 13.79% |
2020 | N/A | -3.1% | 1.8% | N/A |
2019 | N/A | -1.2% | 6.1% | N/A |
Period | USBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.3% | 0.0% | 7.1% | 18.98% |
1 Yr | 7.1% | 3.7% | 10.4% | 17.59% |
3 Yr | 3.3%* | -1.2% | 6.7% | 59.13% |
5 Yr | N/A* | -0.8% | 4.9% | 16.75% |
10 Yr | N/A* | -4.3% | 27.9% | 21.64% |
* Annualized
Period | USBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.5% | 0.8% | 12.1% | 18.52% |
2022 | -0.8% | -5.1% | 2.5% | 70.33% |
2021 | 0.7% | -2.1% | 14.5% | 13.79% |
2020 | N/A | -1.0% | 3.6% | N/A |
2019 | N/A | 0.3% | 9.6% | N/A |
USBAX | Category Low | Category High | USBAX % Rank | |
---|---|---|---|---|
Net Assets | 262 M | 26.3 K | 22.6 B | 78.24% |
Number of Holdings | 388 | 2 | 1258 | 31.48% |
Net Assets in Top 10 | 17.1 M | 23.7 K | 20 B | 87.50% |
Weighting of Top 10 | 6.29% | 6.3% | 159.6% | 99.07% |
Weighting | Return Low | Return High | USBAX % Rank | |
---|---|---|---|---|
Bonds | 89.07% | 0.00% | 129.63% | 31.02% |
Cash | 10.93% | 0.00% | 110.60% | 25.93% |
Convertible Bonds | 4.60% | 0.00% | 15.25% | 35.35% |
Stocks | 0.00% | 0.00% | 97.16% | 79.63% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 76.85% |
Other | 0.00% | -8.85% | 99.91% | 88.43% |
Weighting | Return Low | Return High | USBAX % Rank | |
---|---|---|---|---|
Corporate | 43.82% | 0.00% | 99.91% | 40.47% |
Securitized | 32.60% | 0.00% | 100.00% | 40.47% |
Municipal | 13.79% | 0.00% | 70.39% | 3.72% |
Cash & Equivalents | 10.92% | 0.00% | 110.60% | 23.61% |
Government | 0.32% | 0.00% | 100.00% | 65.58% |
Derivative | 0.00% | -8.85% | 16.56% | 62.96% |
Weighting | Return Low | Return High | USBAX % Rank | |
---|---|---|---|---|
US | 89.07% | 0.00% | 129.63% | 30.56% |
Non US | 0.00% | 0.00% | 20.18% | 81.48% |
USBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 8.30% | 0.02% | 29.63% | 0.93% |
Management Fee | 0.25% | 0.00% | 1.19% | 55.09% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 70.59% |
Administrative Fee | 0.15% | 0.01% | 0.40% | 75.79% |
USBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
USBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
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.
USBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 0.00% | 369.54% | 35.71% |
USBAX | Category Low | Category High | USBAX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.08% | 0.00% | 8.76% | 65.74% |
USBAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
USBAX | Category Low | Category High | USBAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 14.86% | -1.30% | 14.86% | 0.48% |
USBAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.043 | OrdinaryDividend |
Aug 30, 2024 | $0.046 | OrdinaryDividend |
Jul 31, 2024 | $0.044 | OrdinaryDividend |
Mar 28, 2024 | $0.042 | OrdinaryDividend |
Feb 29, 2024 | $0.040 | OrdinaryDividend |
Jan 31, 2024 | $0.041 | OrdinaryDividend |
Dec 29, 2023 | $0.042 | OrdinaryDividend |
Nov 30, 2023 | $0.040 | OrdinaryDividend |
Oct 31, 2023 | $0.041 | OrdinaryDividend |
Sep 29, 2023 | $0.039 | OrdinaryDividend |
Aug 31, 2023 | $0.040 | OrdinaryDividend |
Jul 31, 2023 | $0.038 | OrdinaryDividend |
Jun 30, 2023 | $0.036 | OrdinaryDividend |
May 31, 2023 | $0.037 | OrdinaryDividend |
Apr 28, 2023 | $0.038 | OrdinaryDividend |
Mar 31, 2023 | $0.034 | OrdinaryDividend |
Feb 28, 2023 | $0.029 | OrdinaryDividend |
Jan 31, 2023 | $0.030 | OrdinaryDividend |
Dec 30, 2022 | $0.031 | OrdinaryDividend |
Nov 30, 2022 | $0.026 | OrdinaryDividend |
Oct 31, 2022 | $0.021 | OrdinaryDividend |
Sep 30, 2022 | $0.021 | OrdinaryDividend |
Aug 31, 2022 | $0.017 | OrdinaryDividend |
Jul 29, 2022 | $0.016 | OrdinaryDividend |
Jun 30, 2022 | $0.012 | OrdinaryDividend |
May 31, 2022 | $0.010 | OrdinaryDividend |
Apr 29, 2022 | $0.008 | OrdinaryDividend |
Mar 31, 2022 | $0.007 | OrdinaryDividend |
Feb 28, 2022 | $0.006 | OrdinaryDividend |
Jan 31, 2022 | $0.004 | OrdinaryDividend |
Dec 31, 2021 | $0.005 | OrdinaryDividend |
Nov 30, 2021 | $0.004 | OrdinaryDividend |
Oct 29, 2021 | $0.004 | OrdinaryDividend |
Sep 30, 2021 | $0.005 | OrdinaryDividend |
Aug 31, 2021 | $0.005 | OrdinaryDividend |
Jul 30, 2021 | $0.005 | OrdinaryDividend |
Jun 30, 2021 | $0.005 | OrdinaryDividend |
May 28, 2021 | $0.005 | OrdinaryDividend |
Apr 30, 2021 | $0.007 | OrdinaryDividend |
Mar 31, 2021 | $0.007 | OrdinaryDividend |
Feb 26, 2021 | $0.007 | OrdinaryDividend |
Jan 29, 2021 | $0.007 | OrdinaryDividend |
Dec 31, 2020 | $0.010 | OrdinaryDividend |
Nov 30, 2020 | $0.010 | OrdinaryDividend |
Oct 30, 2020 | $0.011 | OrdinaryDividend |
Sep 30, 2020 | $0.011 | OrdinaryDividend |
Aug 31, 2020 | $0.012 | OrdinaryDividend |
Jul 31, 2020 | $0.013 | OrdinaryDividend |
Jun 30, 2020 | $0.000 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Douglas J. Rollwitz, CFA, CPA, is Assistant Investment Portfolio Manager at USAA Asset Management Company. Mr. Rollwitz has worked for us for 21 years. Education: B.B.A., University of Texas at San Antonio; M.B.A., University of Texas at Arlington. He holds the CFA designation and is a member of the CFA Institute and the San Antonio Financial Analysts Society.
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
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.
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
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.
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 7.92 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...