4 / 5 Stars
3 3 4 2 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 330 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Note: Profile written for different share class.
The fund has returned 22.97 percent over the past year, 15.17 percent over the past three years, and 19.29 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.4%|
|3 Years (Annualized)||15.2%|
|5 Years (Annualized)||19.3%|
|10 Years (Annualized)||8.7%|
USAA Value's diversified, low-turnover approach has paid off.
As of July 03, 2014, the fund has assets totaling almost $1.21 billion invested in 124 different holdings. Its portfolio consists primarily of shares of large companies.
This fund has been on a respectable run lately. In both 2009 and 2010, for instance, it finished the year in the top fifth of Morningstar's large-value category. Meanwhile, it has also managed to stay ahead of the pack in 2011. Like many of its peers, this fund has a hefty stake in financial services companies. As of the end of January, 20 percent of its stock holdings were in that sector. This has proven quite detrimental this year. With the exception of a few companies, such as American Express and SLM Corporation, this fund's financial picks have struggled. In particular, Citigroup and Bank of America have been dragging down the fund's performance. The fund has returned 22.97 percent over the past year and 15.17 percent over the past three years.
With well over 100 holdings, this fund is quite diversified. Management exhibits a strong buy-and-hold tendency, as evidenced by the fund's low 17 percent turnover ratio. By comparison, a fund that replenished its entire portfolio once a year would have a ratio of 100 percent. Relative to its peers, this fund is also willing to dip moderately far down into the market cap spectrum. As of the end of January, roughly 30 percent of its stock portfolio was invested in mid- and small-cap companies. The fund has returned 19.29 percent over the past five years.
According to the fund's prospectus: "The Fund's principal investment strategy is to invest its assets primarily in equity securities of companies that are considered to be undervalued. Although the Fund will invest primarily in U.S. securities, it may invest to a limited extent in foreign securities."
Role in Portfolio
This fund could lend support to a well-balanced portfolio.
A team of seven managers runs the fund.
USAA Value Fund has an expense ratio of 1.01 percent.
Like all stock funds, this one comes with some risks.