| Ticker: | USBLX |
| Manager: | Team Managed |
| Manager Since: | NA |
| NAV (05/21/2013): | 15.83 |
| Objective: | Balanced |
| Peer: | BA LB |
| Net Assets ($mil): | 172.13 |
| Inception: | 01/11/1989 |
The fund was incepted in January 1989 and is managed by USAA Investment Management Company. The fund seeks a conservative balance for the investor between income, the majority of which is exempt from federal income tax, and the potential for long-term growth of capital to preserve purchasing power. The fund's assets are invested in investment-grade short-term taxable or tax-exempt debt instruments. The fund may invest up to 5% of its total assets in blue chip stocks of foreign issuers or in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), or similar forms of ownership interest in securities of foreign issuers that are traded on U.S. securities exchanges or in U.S. over-the-counter markets. Dividends are distributed quarterly. Capital gains are distributed in December each year.
| Stocks | 47.15% |
| Foreign Stocks | 0.42% |
| Cash | 0.07% |
| Bonds | 51.53% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.03% |
| Other | 1.21% |
| Foreign Hedged | 0.00% |
| Large Growth | 24.44% |
| Large Value | 25.79% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 24.44% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 4.53% |
| High Yield Bond | 11.08% |
| Foreign Bond | 30.48% |
| Beta v. S&P 500 | 0.47 |
| Beta v. EAFE | 0.00 |
| Beta v. Barclays Agg Bond | 0.68 |
| Alpha 3 Yr | 3.90 |
| Alpha 5 Yr | 2.44 |
| R-Sq 3 Yr | 0.87 |
| R-Sq 5 Yr | 0.87 |
| Std Dev 3 Yr | 6.71 |
| Std Dev 5 Yr | 10.09 |
| Sharpe 3 Yr | 1.44 |
| Sharpe 5 Yr | 0.58 |
| Expense Ratio | 0.96 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.54 |
| Min Initial Investment | 3000 |
| Min Subsequent Investment | 50 |
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 14.75 | 14.64 | 14.36 | 14.21 | 14.18 | 10.24 | 12.28 | 12.79 | 13.37 | 14.60 | 15.83 |
| Total Return (%) | 15.15 | 9.30 | 7.02 | 8.86 | 2.53 | -25.30 | 24.05 | 7.12 | 7.38 | 12.02 | 6.83 |
| Annual Dividend Yield (%) | 2.21 | 2.19 | 2.01 | 2.49 | 2.65 | 3.81 | 3.01 | 2.66 | 2.53 | 2.43 | 2.31 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -135.36 | -15.67 | 21.36 | -69.31 | -29.61 | 117.05 | -23.64 | -79.37 | 52.83 | -39.65 | -59.04 |
| Rel Performance-Obj.Ret.(%) | -36.31 | 5.74 | 23.89 | -17.69 | -31.62 | 14.71 | 0.23 | -44.85 | 75.11 | 5.72 | -3.60 |
| Ret.Quintile vs Obj(1 is best) | 5 | 2 | 1 | 5 | 5 | 3 | 2 | 5 | 1 | 3 | 4 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 193 | 191 | 194 | 199 | 191 | 131 | 146 | 146 | 149 | 172 | 172 |
| Annual Turnover (%) | 52.38 | 43.22 | 119.99 | 51.26 | 36.78 | 38.00 | 25.00 | 18.00 | 19.00 | 8.00 | 0.00 |
| Annual Dividend Paid ($) | 0.33 | 0.35 | 0.31 | 0.39 | 0.39 | 0.40 | 0.38 | 0.35 | 0.35 | 0.36 | 0.08 |
| Annual Capital Gains Paid($) | 0.01 | 1.10 | 0.97 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 1.43% | 3.99% | 7.71% | 6.83% | 11.11% | 9.60% | 5.60% | 6.29% | 4.13% | 6.06% |
| Ret. Percentile vs. Obj. (1 is best) | 60 | 52 | 74 | 64 | 50 | 21 | 26 | 55 | 68 | 75 |
| Average Price/Earnings | 25.68 |
| Average Price/Book | 4.25 |
| Average EPS Growth | 10.23 |
| Average Market Value | 102,373.00 |
| Name | Weight | Shares |
|---|---|---|
| APPLE INC | 1.95 | 5,720 |
| EXXON MOBIL CORP | 1.47 | 28,713 |
| GENERAL ELECTRIC CO | 0.80 | 64,920 |
| INTL BUSINESS MACHINES CORP | 0.77 | 6,990 |
| JOHNSON + JOHNSON | 0.67 | 16,510 |
| MICROSOFT CORP | 0.71 | 46,195 |
| AT&T CORP | 0.70 | 35,380 |
| PROCTER + GAMBLE CO/THE | 0.68 | 16,753 |
| CHEVRON CORP | 0.75 | 12,200 |