USAA Income Stock (USISX) a Zacks Rank #1 (Strong Buy) invests at least 80% of its assets in common stocks and at least 65% in common stocks of companies that pay dividends. Dividends are distributed quarterly. Capital gains are distributed in December each year.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Large Growth. Further, as of the last filing, JOHNSON & JOHNSON, OCCIDENTAL PETROLEUM CORP and ABBVIE INC were the top holdings for USISX.
The USAA Income Stock fund, managed by USAA Group , carries an expense ratio of 0.81%. Moreover, USISX requires a minimal initial investment of $3,000.
USISX 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 13.92%, 3 year 10.15% and 5 year 12.99%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
USISX's performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 35% over the past 3 years, and in the 37% over the past 5 years.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.