Morningstar

Victory Tax Exempt Intermediate-Term USATX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Victory Capital Investment Hub

Morningstar’s Analysis USATX

Will USATX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable USATX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the USATX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of USATX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A new era is under way.

Senior Analyst Tom Murphy

Tom Murphy

Senior Analyst

Summary

Victory Tax Exempt Intermediate-Term’s new leadership team and straightforward approach to munis have yet to demonstrate an edge over peers.

by Tom Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center