USAA Aggressive Growth (USAUX) a Zacks Rank #2 (Buy) was incepted in July 1981 and is managed by USAA Investment Management Company. USAUX seeks capital appreciation. USAUX invests primarily in the common stocks of large companies that are selected for their attractive growth potential. Up to 20% of USAUX's total assets are invested in foreign securities purchased in either foreign or U.S. markets. Dividends are distributed annually. Capital gains are distributed in December each year.
This fund, as of the last filing, allocates their fund in four major groups; Large Growth, Foreign Bond, Small Growth and Intermediate Bond. Further, as of the last filing, Alphabet (NASDAQ:GOOGL), Facebook (NASDAQ:FB) and Apple (NASDAQ:AAPL) were the top holdings for USAUX.
USAA Aggressive Growth, managed by USAA Group, carries an expense ratio of 0.88%. Moreover, USAUX requires a minimal initial investment of $3,000.
USAUX 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 10.56%, 3 year 9.91% and 5 year 14.74%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
USAUX’s performance, as of the last filing, when compared to funds in its category was in the top 41% in 1 year, top 38% over the past 3 years, and in the 54% over the past 5 years.
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Zacks Investment Research