Investment Test Drive

UTESX USAA Tax Exempt Short-Term Adviser

6 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund UTESX USAA Tax Exempt Short-Term Adviser GTCMX Glenmede Municipal Intermediate NEARX US Global Investors Near-Term Tax Free  
100% 85% 93%
Annual Fees
(0.80% Exp. Ratio)
(0.23% Exp. Ratio)
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.85% annual return
$13,601.68 $16,152.57 $15,117.52
Est. savings over 30 yrs +$2,550.89 +$1,515.83
As of 9/30/16
1 YR RETURN 0.88%
3 YR 0.89%
5 YR 1.14%
10 YR 2.33%
1 YR RETURN 3.24%
3 YR 2.78%
5 YR 2.23%
10 YR 3.21%
1 YR RETURN 1.26%
3 YR 2.03%
5 YR 1.80%
10 YR 2.88%
The investment seeks interest income that is exempt from federal income tax. The fund invests primarily in investment-grade securities, the interest from which is exempt from federal income tax (referred to herein as "tax-exempt securities"). During normal market conditions, at least 80% of its net assets will consist of tax-exempt securities. The fund's dollar-weighted average portfolio maturity is three years or less. At least 80% of the fund's annual net investment income dividends will be excludable from gross income for federal income tax purposes and from the calculation of federal alternative minimum taxes for individual taxpayers.
The investment seeks as high a level of current income exempt from Federal income tax as is consistent with preservation of capital. The fund will invest at least 80% of the value of its net assets (including borrowings for investment purposes) in intermediate and long-term obligations of the states, territories and possessions of the United States, the District of Columbia and their political subdivisions, agencies, instrumentalities and authorities that pay interest that is exempt from regular Federal income tax, but may be subject to Federal alternative minimum tax. The adviser expects to maintain a dollar-weighted average maturity of 3 to 10 years.
The investment seeks to provide a high level of current income that is exempt from federal income taxation and to preserve capital. Under normal market conditions, the fund invests at least 80% of its net assets in investment grade municipal securities whose interest is free from federal income tax, including the federal alternative minimum tax. It will maintain a weighted-average portfolio maturity of five years or less. Although the advisor intends to invest the majority of its assets in tax free securities, the fund may invest up to 20% of its assets in securities that pay taxable interest.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


Your Feedback has been sent successfully!