USTB

Fund Description
VictoryShares USAA Core Short-Term Bond ETF seeks high current income consistent with preservation of principal. Under normal market conditions, the portfolio will invest primarily in corporate bonds and U.S. Treasury bonds. The fund may invest in government obligations (including U.S., state, and local governments, their agencies and instrumentalities); mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics. The fund also may allocate up to 20% of its assets to high-yield corporate bonds and up to 20% to mortgage-backed or asset-backed securities not sponsored by the U.S. government or agencies.
Fund Profile
Fund Name VictoryShares USAA Core Short-Term Bond ETF
Fund Exchange Ticker USTB
Fund Sponsor VictoryShares
Fund ISIN US92647N5352
Net Expense Ratio 0.34 %
Fund Inception Date 24 October 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 6 July 2020
Asset Under Management 105.27 Million (USD)
1 Month Total Return 1.06 %
Year To Date Return 2.85 %
1 Year Total Return 4.45 %
3 Year Annualized Total Return
NAV 51.35
Share Outstanding 2,050,000
Top 10 Holdings (7 July 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
CASH AND CASH EQUIVALENTS CASH 0.021166
HOWMET 6.875% 05/01/2025 BOND 0.010483
MARATHON 4.50% 5/1/2023 BOND 0.010348
EXPEDIA 6.25% 05/01/25 BOND 0.010288
COMMUNITY 2.479% 03/01/24 BOND 0.009789
JPM 2013 3.1425% 12/15/47 BOND 0.009764
TRUIST 1.25% 3/9/23 BOND 0.009726
KCOT 20-1A 1.92% 12/15/22 BOND 0.009680
TEXAS ST VRN 08/15/42 BOND 0.009623
TEXAS EAST 4.125% 12/1/20 BOND 0.009611