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VictoryShares Short-Term Bond ETF (USTB)

50.80 +0.04 (+0.08%)
As of 1:25 PM EDT. Market Open.

ETF Summary

Under normal circumstances, the fund invests at least 80% of its assets in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It primarily invests in securities that have a dollar-weighted average portfolio maturity of three years or less. The fund may invest up to 20% of its net assets in foreign debt securities, including non-U.S. dollar-denominated securities and securities of companies in emerging market countries.

ETF Overview

Category Short-Term Bond
Fund Family Victory Capital
Net Assets 689.09M
YTD Daily Total Return 5.62%
Yield 5.02%
Legal Type Exchange Traded Fund

ETF Operations

Attributes USTB Category Average
Annual Report Expense Ratio (net) 0.35% 0.64%
Holdings Turnover 53.00% 124.44%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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