GUTEX — Victory Tax-Exempt Fund
Data updated: 2025-11-25
GUTEX — Victory Tax-Exempt Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $32.59M AUM · 0.81% expense ratio · -1.9% 1-yr return. From SEC regulatory filings.
GUTEX Fund Overview
GUTEX — Victory Tax-Exempt Fund is a US mutual fund managed by Victory Portfolios, categorised as Long Municipal - National 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
- Category: Long Municipal - National Bond
- Assets under management: $32.59M
- 1-year return: -1.9%
- Ticker: GUTEX
- SEC CIK: 0000802716
- SEC series ID: S000053573
- Share class ID: C000168378
GUTEX Holdings
Top 10 holdings of Victory Tax-Exempt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Metropolitan Transn Auth N Y Dedicated Tax Fd | 4.75% |
| Sales Tax Securitization Corp. Ill | 4.65% |
| Logan Elm Ohio Loc Sch Dist | 4.03% |
| Chicago Ill Brd Ed Dedicated Cap Impt | 3.97% |
| Port Port Arthur Tex Nav Dist Environmental Facs Rev | 3.38% |
| Black Belt Energy Gas Dist Ala Gas Proj Rev | 3.19% |
| Missouri St Health & Edl Facs Auth Edl Facs Rev | 3.18% |
| Chicago Ill Wastewater Transmission Rev | 3.08% |
| Tsasc, Inc. N Y | 3.05% |
| Guam Port Auth Port Rev | 3.03% |
GUTEX Portfolio Allocation
Asset-class allocation of Victory Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.5% |
GUTEX Performance
Total returns for GUTEX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.9% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | 0.8% |
GUTEX Risk Information
Risk metrics for GUTEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
GUTEX Costs and Fees
GUTEX costs about $81 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.81%
- Gross expense ratio: 1.15%
- Portfolio turnover: 18%
- Brokerage commissions: 0.67 bps of average net assets (SEC N-CEN)
GUTEX Cashflows
Over the 12 months to 2025-09, Victory Tax-Exempt Fund had net outflows of $5.80M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-09 | −$207.92K |
| 2025-08 | −$458.53K |
| 2025-07 | −$177.94K |
| 2025-06 | −$100.01K |
| 2025-05 | −$138.81K |
| 2025-04 | −$710.48K |
GUTEX Debt Constituents
Largest debt holdings of Victory Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Metropolitan Transn Auth N Y Dedicated Tax Fd | 4.75% |
| Sales Tax Securitization Corp. Ill | 4.65% |
| Logan Elm Ohio Loc Sch Dist | 4.03% |
| Chicago Ill Brd Ed Dedicated Cap Impt | 3.97% |
| Port Port Arthur Tex Nav Dist Environmental Facs Rev | 3.38% |
| Black Belt Energy Gas Dist Ala Gas Proj Rev | 3.19% |
| Missouri St Health & Edl Facs Auth Edl Facs Rev | 3.18% |
| Chicago Ill Wastewater Transmission Rev | 3.08% |
| Tsasc, Inc. N Y | 3.05% |
| Guam Port Auth Port Rev | 3.03% |
GUTEX Prospectus and SEC Filings
Official Victory Tax-Exempt Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
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.