Intermediate-Term Bond Fund

C000091154 Fund Overview

Intermediate-Term Bond Fund is a US mutual fund managed by Victory Portfolios III, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Victory Portfolios III
• Category: Long Total / Aggregate Bond
• Assets under management: $5.22B
• SEC CIK: 0000908695
• SEC series ID: S000012902
• Share class ID: C000091154

C000091154 Investment Objective and Strategy

Intermediate-Term Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Victory Portfolios III.

Investment objective

The USAA Intermediate-Term Bond Fund (the Fund) seeks high current income without undue risk to principal.

Principal investment strategy

"The Fund normally invests at least 80% of its assets in a broad range of debt securities that have a dollar-weighted average portfolio maturity between three to 10 years. The debt securities in which the Fund may invest include, among others, obligations of U.S., state, and local governments, their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics. The Fund will invest primarily in investment-grade securities, but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred to as high-yield or ""junk"" bonds. The Fund's 80% policy may be changed upon at least 60 days' written notice to shareholders."

C000091154 Holdings

Top 10 holdings of Intermediate-Term Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000091154 holdings

C000091154 Portfolio Allocation

Asset-class allocation of Intermediate-Term Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000091154 Costs and Fees

C000091154 costs about $87 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.87%
• Gross expense ratio: 0.87%
• Portfolio turnover: 69%
• Brokerage commissions: 0.10 bps of average net assets (SEC N-CEN)

C000091154 Cashflows

Over the 12 months to 2026-04, Intermediate-Term Bond Fund had net inflows of $67.81M, from monthly SEC N-PORT filings.

C000091154 Debt Constituents

Largest debt holdings of Intermediate-Term Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000091154 Prospectus and SEC Filings

Official Intermediate-Term Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-08-27
• Prospectus (485BPOS) — filed 2025-08-27
• Prospectus (485BPOS) — filed 2024-08-27
• Portfolio holdings (N-PORT) — filed 2026-09-29
• Portfolio holdings (N-PORT) — filed 2026-06-25
• Portfolio holdings (N-PORT) — filed 2026-03-27
• Annual census (N-CEN) — filed 2026-07-10
• Annual census (N-CEN) — filed 2025-07-11

Related Funds

Other Long Total / Aggregate Bond funds tracked on ABC INVEST:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.