USAA Intermediate Term Bond Fund (USIBX)
The fund normally invests at least 80% of its assets in a broad range of debt securities that have a dollar-weighted average portfolio maturity between three to 10 years. It will invest primarily in investment-grade securities, but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred to as high-yield or "junk" bonds.
Fund Info
US9032888359
903288835
Aug 2, 1999
$3,000
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in USAA Intermediate Term Bond 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 Intermediate Term Bond Fund had a return of 2.76% year-to-date (YTD) and 7.50% in the last 12 months. Over the past 10 years, USAA Intermediate Term Bond Fund had an annualized return of 1.79%, while the S&P 500 had an annualized return of 11.21%, indicating that USAA Intermediate Term Bond Fund did not perform as well as the benchmark.
USIBX
2.76%
-0.39%
3.49%
7.50%
-0.18%
1.79%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of USIBX, 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 | 0.26% | -0.95% | 0.94% | -2.25% | 1.62% | 1.04% | 2.25% | 1.34% | 1.32% | -2.18% | 2.76% | ||
| 2023 | 3.79% | -1.96% | 1.89% | 0.87% | -0.96% | -0.21% | 0.12% | -0.32% | -2.31% | -1.55% | 4.22% | 3.64% | 7.18% |
| 2022 | -1.80% | -1.17% | -2.82% | -3.32% | -0.08% | -2.06% | 2.41% | -2.35% | -3.92% | -1.15% | 3.52% | -0.44% | -12.67% |
| 2021 | 0.10% | -1.18% | -0.72% | 0.94% | 0.66% | 0.76% | 1.19% | -0.07% | -0.83% | -0.11% | 0.35% | -2.74% | -1.70% |
| 2020 | 2.12% | 1.24% | -6.86% | 3.69% | 2.07% | 1.94% | 2.17% | 0.33% | 0.05% | -0.13% | 1.76% | -2.51% | 5.57% |
| 2019 | 1.68% | 0.51% | 1.96% | 0.69% | 1.18% | 1.61% | 0.30% | 2.25% | -0.43% | 0.48% | -0.01% | -0.97% | 9.58% |
| 2018 | -0.57% | -0.85% | 0.32% | -0.58% | 0.40% | -0.16% | 0.39% | 0.72% | -0.49% | -0.77% | -0.06% | 0.71% | -0.96% |
| 2017 | 0.76% | 1.06% | 0.03% | 1.02% | 1.06% | 0.05% | 0.73% | 0.85% | -0.26% | 0.36% | -0.28% | 0.40% | 5.91% |
| 2016 | 0.31% | 0.35% | 2.03% | 1.42% | 0.41% | 1.87% | 1.35% | 0.60% | 0.33% | -0.39% | -2.23% | 0.52% | 6.69% |
| 2015 | 1.43% | -0.31% | 0.22% | -0.05% | -0.23% | -1.16% | 0.07% | -0.91% | 0.08% | 0.35% | -0.53% | -1.36% | -2.39% |
| 2014 | 1.48% | 0.83% | 0.35% | 0.99% | 0.98% | 0.34% | 0.06% | 0.79% | -0.57% | 0.44% | 0.40% | -0.58% | 5.63% |
| 2013 | 0.36% | 0.83% | 0.54% | 1.34% | -1.09% | -2.47% | 0.64% | -0.56% | 0.55% | 1.30% | 0.09% | -0.19% | 1.28% |
Expense Ratio
USIBX features an expense ratio of 0.63%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of USIBX is 25, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for USAA Intermediate Term Bond Fund (USIBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
USAA Intermediate Term Bond Fund provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.38 | $0.29 | $0.25 | $0.33 | $0.39 | $0.38 | $0.37 | $0.40 | $0.43 | $0.45 | $0.47 |
Dividend yield | 4.46% | 4.09% | 3.19% | 2.32% | 3.01% | 3.58% | 3.68% | 3.45% | 3.86% | 4.23% | 4.11% | 4.38% |
Monthly Dividends
The table displays the monthly dividend distributions for USAA Intermediate Term Bond 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 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.34 | |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2016 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2015 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.45 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
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 Intermediate Term Bond 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 Intermediate Term Bond Fund was 20.24%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current USAA Intermediate Term Bond Fund drawdown is 8.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.24% | Dec 15, 2020 | 467 | Oct 21, 2022 | — | — | — |
| -17.83% | Jan 24, 2008 | 232 | Dec 23, 2008 | 159 | Aug 12, 2009 | 391 |
| -10.28% | Mar 9, 2020 | 13 | Mar 25, 2020 | 73 | Jul 9, 2020 | 86 |
| -5.44% | Nov 8, 2001 | 27 | Dec 17, 2001 | 186 | Sep 16, 2002 | 213 |
| -4.75% | Oct 1, 2002 | 17 | Oct 23, 2002 | 40 | Dec 19, 2002 | 57 |
Volatility
Volatility Chart
The current USAA Intermediate Term Bond Fund volatility is 1.51%, 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.