USAA Growth and Tax Strategy Fund (USBLX)
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 (50% - 70%) and the remainder in blue chip stocks (30% - 50%). It is managed with the goal of minimizing the impact of federal income tax to shareholders.
Fund Info
US9032874078
903287407
Jan 10, 1989
$3,000
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in USAA Growth and Tax Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
USAA Growth and Tax Strategy Fund had a return of 14.62% year-to-date (YTD) and 20.24% in the last 12 months. Over the past 10 years, USAA Growth and Tax Strategy Fund had an annualized return of 7.34%, while the S&P 500 had an annualized return of 11.16%, indicating that USAA Growth and Tax Strategy Fund did not perform as well as the benchmark.
USBLX
14.62%
1.07%
8.56%
20.24%
7.82%
7.34%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of USBLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.56% | 2.85% | 1.89% | -2.70% | 2.86% | 2.96% | 0.85% | 1.62% | 1.54% | -1.15% | 14.62% | ||
| 2023 | 4.96% | -2.79% | 3.06% | 0.56% | -0.09% | 3.79% | 1.84% | -1.89% | -4.25% | -1.89% | 8.86% | 3.61% | 16.10% |
| 2022 | -3.92% | -1.59% | -0.52% | -5.94% | 0.34% | -5.55% | 5.89% | -3.27% | -7.16% | 2.62% | 5.75% | -2.70% | -15.82% |
| 2021 | 0.00% | 0.51% | 2.54% | 3.21% | 0.64% | 1.36% | 1.68% | 1.19% | -2.69% | 3.07% | 0.38% | 2.14% | 14.81% |
| 2020 | 0.87% | -3.13% | -8.38% | 3.65% | 4.07% | 1.75% | 3.91% | 3.22% | -1.81% | -1.44% | 6.16% | 2.30% | 10.78% |
| 2019 | 3.87% | 1.74% | 1.93% | 2.23% | -2.23% | 3.50% | 1.11% | 0.24% | 0.46% | 0.95% | 1.84% | 1.57% | 18.46% |
| 2018 | 2.08% | -2.13% | -0.93% | -0.10% | 1.85% | 0.29% | 1.83% | 1.69% | -0.11% | -3.90% | 1.44% | -3.94% | -2.18% |
| 2017 | 1.07% | 2.22% | 0.19% | 0.82% | 1.57% | 0.23% | 1.28% | 0.53% | 0.89% | 1.20% | 1.55% | 1.17% | 13.48% |
| 2016 | -1.68% | -0.06% | 3.39% | 0.69% | 1.19% | 1.41% | 1.56% | 0.17% | -0.37% | -1.66% | -0.84% | 1.57% | 5.37% |
| 2015 | -0.35% | 1.79% | -0.52% | -0.06% | 0.29% | -1.09% | 1.40% | -2.53% | -0.82% | 3.83% | 0.52% | -0.15% | 2.20% |
| 2014 | -0.56% | 2.68% | 0.58% | 0.97% | 1.51% | 1.03% | -0.59% | 2.02% | -0.53% | 1.35% | 1.28% | 0.33% | 10.49% |
| 2013 | 2.74% | 0.87% | 1.63% | 1.44% | 0.52% | -2.31% | 2.18% | -2.26% | 2.72% | 2.53% | 1.39% | 1.16% | 13.17% |
Expense Ratio
USBLX features an expense ratio of 0.58%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of USBLX is 90, placing it in the top 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for USAA Growth and Tax Strategy Fund (USBLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
USAA Growth and Tax Strategy Fund provided a 2.06% dividend yield over the last twelve months, with an annual payout of $0.58 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.53 | $0.38 | $0.45 | $0.45 | $0.43 | $0.47 | $0.43 | $0.41 | $0.46 | $0.42 | $0.38 |
Dividend yield | 2.06% | 2.12% | 1.73% | 1.66% | 1.89% | 1.95% | 2.50% | 2.16% | 2.31% | 2.68% | 2.39% | 2.37% |
Monthly Dividends
The table displays the monthly dividend distributions for USAA Growth and Tax Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.53 | |
| 2023 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.05 | $0.53 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.05 | $0.38 |
| 2021 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.10 | $0.45 |
| 2020 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.43 |
| 2018 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.47 |
| 2017 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.43 |
| 2016 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.46 |
| 2014 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2013 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the USAA Growth and Tax Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the USAA Growth and Tax Strategy Fund was 34.42%, occurring on Mar 9, 2009. Recovery took 585 trading sessions.
The current USAA Growth and Tax Strategy Fund drawdown is 0.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.42% | Mar 27, 2000 | 2243 | Mar 9, 2009 | 585 | Jul 1, 2011 | 2828 |
| -21.93% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -20.51% | Jan 4, 2022 | 187 | Sep 30, 2022 | 349 | Feb 22, 2024 | 536 |
| -9.26% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -9.17% | Jul 20, 1998 | 31 | Aug 31, 1998 | 60 | Nov 23, 1998 | 91 |
Volatility
Volatility Chart
The current USAA Growth and Tax Strategy Fund volatility is 1.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.