USAA Cornerstone Conservative Fund

 USCCX
Benchmark Morningstar Category
Allocation--15% to 30% Equity

Asset Allocation

 

USCCX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 09/30/2017
Cash 5.63 0.64 6.27 2.00 12.71
US Stock 7.72 1.39 9.12 13.30 11.88
Non US Stock 9.59 0.00 9.59 7.02 3.91
Bond 71.65 0.00 71.65 76.95 65.64
Other 5.41 0.00 5.41 0.73 5.86
 

Style Details

 

USCCX

Avg Market Cap USD
23,318 Mil
 
Benchmark Market Cap USD
39,840 Mil
 
Category Avg Market Cap USD
39,865 Mil
Market Capitalization
Size % of Portfolio Benchmark Category Avg
Giant 40.85 43.48 42.41
Large 25.93 29.86 27.57
Medium 17.84 20.35 21.70
Small 11.46 6.15 5.93
Micro 3.92 0.16 2.38
Value & Growth Measures
Stock Portfolio Benchmark Category Avg
As of 09/30/2017
*Forward-looking based on historical data
Style and Market Cap Breakdown and Value and Growth Measures are calculated only using the long position holdings of the portfolio.
Price/Prospective Earnings* 17.21 17.81 19.00
Price/Book* 1.95 2.20 2.30
Price/Sales* 1.45 1.65 1.72
Price/Cash Flow* 6.93 7.84 9.15
Dividend Yield %* 2.47 2.40 2.72
Long-Term Earnings % 10.11 10.02 9.81
Historical Earnings % 1.69 -17.92 -20.74
Sales Growth % -1.39 -33.26 -5.05
Cash-Flow Growth % 2.04 -1.24 -1.12
Book-Value Growth % 0.53 -22.41 -0.07
 
Ownership Zone
Weighted Average of holdings

75% of fund's stock holdings
 
Holdings Style
Portfolio Weight%
> 50% 25–50% 10–25% 0–10%
Investment Style History
Year Style % Equity
*As of 09/30/2017
Style Box Detail calculations do not include the fund's short positions (if any).
2017* 17.31
2016 19.43
2015 19.87
2014 15.79
2013 15.12
Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 08/31/2017
2017 71.65
2016 73.84
2015 72.42
2014 71.37
2013 75.64
 
Bond Statistics
Detail Value
As of 08/31/2017, *As of 09/30/2017
Average Effective Duration 5.21
Average Effective Maturity (Years)* 7.19
Average Credit Quality BBB
Average Weighted Coupon* 4.09
Average Weighted Price* 101.31
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 27.46 66.94 46.75
AA 8.12 4.21 3.40
A 18.84 11.32 9.40
BBB 32.37 13.46 15.67
BB 6.71 2.58 8.44
B 3.65 1.10 6.41
Below B 1.17 0.34 1.71
Not Rated 1.69 0.04 8.22
As of 08/31/2017
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

USCCX

% Stocks Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
Cyclical
Basic Materials 12.96 5.58 3.79
Consumer Cyclical 10.90 11.14 10.03
Financial Services 16.21 18.62 16.08
Real Estate 1.85 4.20 8.85
Sensitive
Communication Services 2.42 3.40 3.44
Energy 6.53 5.73 7.55
Industrials 12.56 11.96 10.49
Technology 15.68 17.27 16.70
Defensive
Consumer Defensive 8.94 8.09 7.74
Healthcare 9.63 10.70 11.22
Utilities 2.33 3.32 4.10
As of 09/30/2017
Sector data is calculated only using the long position holdings of the portfolio.
Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 10.12 36.06 23.39
       
Corporate 45.63 17.49 24.85
       
Securitized 15.19 23.55 16.07
       
Municipal 3.92 0.00 1.75
       
Cash & Equivalents 4.30 2.00 12.29
       
Other -0.61 0.00 -0.14
As of 09/30/2017
Sector data is calculated only using the rescaled long position holdings of the portfolio.
Coupon Range
Type % Bonds Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
0% 3.05 0.09 5.15
0% to 4% 55.44 80.82 69.73
4% to 6% 29.99 13.93 16.85
6% to 8% 8.56 3.98 6.49
8% to 10% 2.11 1.01 1.42
10% to 12% 0.35 0.13 0.25
More than 12% 0.50 0.05 0.12
As of 09/30/2017
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

USCCX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 87.39 74.14 85.17
Canada 3.13 0.96 1.78
United Kingdom 2.85 2.16 1.73
Netherlands 2.23 2.24 1.24
France 0.77 1.27 0.69
Australia 0.77 0.82 0.46
Mexico 0.56 1.75 0.76
Singapore 0.49 0.39 0.13
Germany 0.32 1.14 0.95
Sweden 0.30 0.25 0.24
As of 09/30/2017
Country breakdown data is calculated only using the long rescaled holdings of the portfolio.

Bond Maturity Breakdown

 

USCCX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 10.56 18.59
3 to 5 Years 13.89 20.34
5 to 7 Years 13.47 11.28
7 to 10 Years 29.65 11.20
10 to 15 Years 4.80 4.49
15 to 20 Years 5.25 4.17
20 to 30 Years 14.44 16.55
Over 30 Years 4.62 5.17
As of 09/30/2017
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World Regions

 

USCCX

% Stocks Benchmark Category Avg
As of 09/30/2017
Region breakdown data is calculated by using the long position holdings of the portfolio equity part only.
Americas 57.05 68.50 77.49
North America 55.39 67.51 77.18
Latin America 1.66 0.99 0.31
Greater Europe 25.58 15.42 13.26
United Kingdom 5.82 3.90 4.16
Europe Developed 16.56 10.03 8.73
Europe Emerging 2.39 0.62 0.12
Africa/Middle East 0.81 0.87 0.24
Greater Asia 17.37 16.08 9.18
Japan 7.03 5.95 5.00
Australasia 0.83 1.55 0.91
Asia Developed 4.13 3.92 1.39
Asia Emerging 5.38 4.66 1.87
Market Classification
% Developed Markets 90.16 93.11 97.45
% Emerging Markets 9.84 6.89 2.47
 
Greater Asia Americas Greater Europe

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