4 / 5 Stars
4 3 5 4 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#6 in Conservative Allocation
U.S. News evaluated 190 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.50 percent over the past year, 10.55 percent over the past three years, 14.17 percent over the past five years, and 5.87 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.1%|
|3 Years (Annualized)||10.5%|
|5 Years (Annualized)||14.2%|
|10 Years (Annualized)||5.9%|
The investment seeks a conservative balance for the investor between income, the majority of which is exempt from federal income tax, and the potential for long-term growth of capital to preserve purchasing power. Using preset target ranges, the fund's strategy is to invest a majority of its assets in tax-exempt bonds and money market instruments and the remainder in blue chip stocks. It is managed with the goal of minimizing the impact of federal income taxes to shareholders.
Fees are Above Average compared to funds in the same category.
USAA Growth and Tax Strategy Portfolio has an expense ratio of 0.96 percent.
Risk is Average compared to funds in the same category according to Morningstar.