USTB
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Victoryshares Usaa Core Short-term Bond Etf
50.83
+0.07 (+0.14%)
Last Update: 06 Sep 2024 23:08:00
Yesterday: 50.76
Day's Range: 50.7245 - 50.865
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When Written:
48.99
VictoryShares USAA Core Short-Term Bond ETF (USTB) is an exchange-traded fund that seeks to track the performance of the Bloomberg Barclays US Aggregate 1-3 Year Credit Bond Index. The fund invests in a diversified portfolio of investment-grade fixed income securities with maturities of one to three years.
USTB has an expense ratio of 0.20% and is managed by Victory Capital Management. It was launched on September 15, 2017, and has a net asset value of approximately $1.3 billion as of August 2021.
The fund provides investors with exposure to short-term investment-grade bonds, which can serve as a conservative fixed income investment option. It also offers diversification benefits to a portfolio that may be heavily invested in equities or longer-term bonds.
Investors should note that USTB may be sensitive to changes in interest rates, and its returns may be lower in a rising rate environment. Additionally, the fund's focus on investment-grade bonds may limit its potential for higher returns in exchange for lower risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
USTB has an expense ratio of 0.20% and is managed by Victory Capital Management. It was launched on September 15, 2017, and has a net asset value of approximately $1.3 billion as of August 2021.
The fund provides investors with exposure to short-term investment-grade bonds, which can serve as a conservative fixed income investment option. It also offers diversification benefits to a portfolio that may be heavily invested in equities or longer-term bonds.
Investors should note that USTB may be sensitive to changes in interest rates, and its returns may be lower in a rising rate environment. Additionally, the fund's focus on investment-grade bonds may limit its potential for higher returns in exchange for lower risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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