USTB

Fund Description
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 USAA Core Short-Term Bond ETF
Fund Exchange Ticker USTB
Fund Sponsor USAA
Fund ISIN US90291F5017
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 16 August 2019
Asset Under Management 81.14 Million (USD)
1 Month Total Return 0.40 %
Year To Date Return 3.96 %
1 Year Total Return 4.84 %
3 Year Annualized Total Return
NAV 50.71
Share Outstanding 1,600,000
Top 10 Holdings (16 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
US T-NOTE 1.875% 9/30/22 BOND 0.049563
US T-NOTE 1.125% 7/31/21 BOND 0.046598
US T-NOTE 1.25% 07/31/23 BOND 0.041602
CARMX 2016 2.22% 8/16/21 BOND 0.027944
US T-NOTE 1.625% 10/15/20 BOND 0.027931
WALMART I 3.55% 06/26/25 BOND 0.022645
PHILIP MO 2.9% 11/15/21 BOND 0.021343
CK HUTCHI 2.75% 03/29/23 BOND 0.021238
NORFOLK 2.033% 10/01/24 BOND 0.021204
PORT OF M 2.179% 09/01/24 BOND 0.021200