Both BVATX and USVAX are mutual funds. BVATX has a lower 5-year return than USVAX (0.94% vs 0.97%). BVATX has a higher expense ratio than USVAX (0.56% vs 0.5%). Below is the comparison between BVATX and USVAX.
| BVATX | USVAX | |
|---|---|---|
| Security Type | Mutual fund | Mutual fund |
| Segment | Tax Exempt Fixed Income: Muni Single State Interm | Tax Exempt Fixed Income: Muni Single State Interm |
| Family | Sterling Capital Funds | Victory Capital |
| Net Assets | $65.50M | $610.20M |
| Expense Ratio | 0.56% | 0.50% |
| Management Style | active | active |
| Dividend Yield | 1.63% | 2.45% |
| Minimum Investment | $1,000,000.00 | $3,000.00 |
| YTD Return | -5.65% | -9.94% |
| 1-Year Return | -2.87% | -7.46% |
| 3-Year Return | 0.12% | -0.61% |
| 5-Year Return | 0.94% | 0.97% |
| 10-Year Return | 1.44% | 2.10% |
BVATX
BVATX description
The Fund seeks current income consistent with preservation of capital. The Fund invests at least 80% of its assets in municipal securities includes municipal notes & bonds, general obligation bonds, special revenue bonds and tax-exempt commercial paper which is exempt from federal and Virginia personal income taxes.
BVATX performance & returns
| YTD Return | -5.65% |
| 1-Month Return | 1.34% |
| 3-Month Return | -2.87% |
| 1-Year Return | -2.87% |
| 3-Year Return | 0.12% |
| 5-Year Return | 0.94% |
| 10-Year Return | 1.44% |
BVATX holdings
Top 10 Holdings (28.38% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| FAIRFAX CNTY VA 5% | N/A | 3.29% |
| NORFOLK VA 5% | N/A | 3.15% |
| VIRGINIA COMMLTH TRANSN BRD FED TRANSN GRNT ANTIC REV 5% | N/A | 3.13% |
| RICHMOND VA 5% | N/A | 2.87% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | N/A | 2.85% |
| CHESAPEAKE VA 5% | N/A | 2.81% |
| MANASSAS VA 4% | N/A | 2.74% |
| Federated Hermes Treasury Obl IS | TOIXX | 2.58% |
| NEWPORT NEWS VA 5% | N/A | 2.49% |
| VIRGINIA COMWLTH TRANSN BRD TRANSN REV 5% | N/A | 2.47% |
BVATX pros
The following are BVATX strengths from our perspective:
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
BVATX cons
The following are BVATX weaknesses from our perspective:
- BVATX net assets are $65.50 million. This fund is not a popular choice with retail investors.
- BVATX 3-year return is -0.52%, which is lower than the 3-year return of the benchmark index (ICE BofA 2-17 Year US Municipal Securities TR USD), -0.17%.
- BVATX 5-year return is 0.6%, which is lower than the 5-year return of the benchmark index (ICE BofA 2-17 Year US Municipal Securities TR USD), 1.22%.
- BVATX 10-year return is 1.22%, which is lower than the 10-year return of the benchmark index (ICE BofA 2-17 Year US Municipal Securities TR USD), 2%.
- BVATX 15-year return is 2.7%, which is lower than the 15-year return of the benchmark index (ICE BofA 2-17 Year US Municipal Securities TR USD), 3.38%.
- BVATX expense ratio is 0.56%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
Other relevant BVATX comparisons
You may also want to check out the following BVATX comparisons that investors often look for on Finny
- BVATX vs KYTFX
- BVATX vs USVAX
- BVATX vs FMHTX
- BVATX vs CFMOX
- BVATX vs FICNX
- BVATX vs CMBFX
- BVATX vs WTCOX
- BVATX vs SMDMX
- BVATX vs SEKSX
- BVATX vs KTXIX
USVAX
USVAX description
The Fund seeks a high level of current interest income that is exempt from federal and state income taxes. The fund invests primarily in long-term investment-grade securities issued by the Commonwealth of Virginia, its political subdivisions and instrumentalities, and by other government entities.
USVAX performance & returns
| YTD Return | -9.94% |
| 1-Month Return | -2.40% |
| 3-Month Return | -7.46% |
| 1-Year Return | -7.46% |
| 3-Year Return | -0.61% |
| 5-Year Return | 0.97% |
| 10-Year Return | 2.10% |
USVAX holdings
Top 10 Holdings (20.18% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0.47% | N/A | 4.10% |
| HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% | N/A | 2.49% |
| FAIRFAX CNTY VA INDL DEV AUTH REV 5% | N/A | 2.04% |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP REV 0.13% | N/A | 1.77% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | N/A | 1.75% |
| LOUDOUN CNTY VA INDL DEV AUTH REV 0.14% | N/A | 1.75% |
| VIRGINIA ST PUB SCH AUTH SCH FING 5% | N/A | 1.61% |
| VIRGINIA COMMLTH TRANSN BRD FED TRANSN GRNT ANTIC REV 5% | N/A | 1.58% |
| VIRGINIA COMWLTH TRANSN BRD TRANSN REV 4% | N/A | 1.56% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 5% | N/A | 1.53% |
USVAX pros
The following are USVAX strengths from our perspective:
- USVAX 10-year return is 2.1%, which is in line with the 10-year return of the benchmark index (Bloomberg Municipal TR USD), 2.25%.
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
USVAX cons
The following are USVAX weaknesses from our perspective:
- USVAX net assets are $610.20 million. This fund is not a popular choice with retail investors.
- USVAX 3-year return is -0.61%, which is lower than the 3-year return of the benchmark index (Bloomberg Municipal TR USD), -0.34%.
- USVAX 5-year return is 0.97%, which is lower than the 5-year return of the benchmark index (Bloomberg Municipal TR USD), 1.31%.
- USVAX 15-year return is 2.98%, which is lower than the 15-year return of the benchmark index (Bloomberg Municipal TR USD), 3.42%.
Other relevant USVAX comparisons
You may also want to check out the following USVAX comparisons that investors often look for on Finny
- USVAX vs KYTFX
- USVAX vs FMHTX
- USVAX vs CFMOX
- USVAX vs FICNX
- USVAX vs CMBFX
- USVAX vs WTCOX
- USVAX vs SMDMX
- USVAX vs SEKSX
- USVAX vs KTXIX
- USVAX vs NTFIX