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What happened to USAA mutual funds?

Your shares in USAA-branded funds still belong to you, and now the funds are run by Victory Capital. If youve signed up for USAAs wealth-management services, then Schwab will manage your investments for you. Members do not need to take action on their accounts.

What is the best high income fund?

7 Best High-Dividend Mutual Funds FundExpense Ratio30-day SEC Yield JPMorgan Equity Premium Income Fund (JEPAX) 0.85% 6% Fidelity Floating Rate High Income Fund (FFRHX) 0.72% 8.8% Baird Intermediate Bond Fund (BIMSX) 0.55% 4.2% PGIM High Yield Fund (PBHAX) 0.75% 7.2%3 more rows Mar 22, 2024

Is USAA now victory funds?

John Spear is co-chief investment officer of Victory Income Investors, which was formerly known as USAA Investments, a Victory Capital Investment Franchise, and was acquired by Victory Capital in July 2019. Mr. Spear began his investment career in 1986 and joined the fixed income team at USAA in 1998.

Is USAA a good place to invest money?

The educational resources alone make USAA a solid choice for novice investors. If youre looking for a robo-advisory or managed-portfolio option, this may also be a good choice since they have such a large selection of investment options. However, neither the platform nor the fee schedule are built for active traders.

Does USAA have a mutual fund?

The following table displays all of the mutual funds in our database offered by USAA. Click on any of the mutual fund tickers below to see the ETF alternatives to these mutual funds, as selected by our Mutual Fund to ETF Converter tool.

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