USAA Mutual Funds Trust - USAA 500 Index Fund
USSPX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Apr 30, 1996
- CIK
- 0000908695
- Website
- usaa.com
- Similar Companies
- Business
- USAA Mutual Funds Trust - USAA 500 Index Fund (USSPX) is a no-load, open-end mutual fund that seeks to match the investment performance of the S&P 500 Index by investing at least 80% of its net assets in equity securities comprising the Standard & Poor's 500 Composite Stock Price Index; it employs a passive indexing strategy, holding a portfolio that substantially replicates the index's holdings in similar weightings, with the remainder typically invested in short-term debt securities or money market instruments for liquidity. The fund offers daily liquidity through share redemptions at net asset value, serves primarily eligible USAA members including military personnel, veterans, and their families, and operates within the U.S. large-cap equity segment of the mutual fund industry. Established under the USAA Mutual Funds Trust framework, the fund is headquartered in San Antonio, Texas, with management by Victory Capital Management Inc. following USAA Asset Management Company's transition of certain mutual fund operations in mid-2023; it maintains a low expense ratio and focuses on long-term capital appreciation aligned with broad market performance. Recent developments include the 2023 strategic shift where USAA Mutual Funds Company transferred advisory responsibilities for 14 mutual funds, including USSPX, to Victory Capital amid a broader outsourcing of asset management services to streamline operations and enhance investor access; no major acquisitions, new product launches, or partnerships have been announced for USSPX in the past two years, reflecting stable indexing operations without significant reorganizations.