- Income is exempt from federal income taxes.
- Little or no exposure to the alternative minimum tax.
- Low risk; money is accessible by check or online transfer.
The fund's investment objective is interest income that is exempt from federal income tax and a further objective of preserving capital and maintaining liquidity. The fund invests principally in high-quality, tax-exempt securities with maturities of 397 days or less.
Victory Capital Portfolio Manager - USAA Investments, a Victory Capital Investment Franchise