USAA Growth (USAAX - Free Report) a Zacks Rank #2 (Buy) invests in equity securities of companies that are selected for their growth potential. The fund also invests in warrants, rights, real estate investment trusts, convertible securities, and in non-convertible debt securities.
This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Bond. Further, as of the last filing, ALPHABET INC, AMAZON.COM INC and FACEBOOK INC were the top holdings for USAAX.
The USAA Growth fund, managed by Large Growth, carries an expense ratio of 1.11%. Moreover, USAAX requires a minimal initial investment of $3,000.
USSAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 22.15%, 3 year 10.54% and 5 year 14.86%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
USSAX’s performance, as of the last filing, when compared to funds in its category was in the top 53% in 1 year, top 4% over the past 3 years, and in the 3% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>