USAA Ultra Short-Term Bond Fund

U.S. News evaluated 57 Ultrashort Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all USAA funds

See full Ultrashort Bond rankings

See more fund rankings


The fund has returned 1.88 percent over the past year, and 1.89 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 0.9%
1 Year 1.9%
3 Years (Annualized) 1.9%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more UUSIX performance


The investment seeks to provide high current income consistent with preservation of principal. The fund normally invests at least 80% of the fund's assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months or less. These securities will consist primarily of U.S. dollar-denominated debt securities that may include, but are not limited to, obligations of 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, including synthetic securities.


Fees are Low compared to funds in the same category.
USAA Ultra Short-Term Bond Fund has an expense ratio of 0.56 percent.

See more UUSIX fees


Risk is Average compared to funds in the same category according to Morningstar.

See more UUSIX risk