USAA Short-Term Bond (USSBX) a Zacks Rank #2 (Buy) invests at least 80% of its assets in a broad range of investment-grade debt securities. The fund maintains a dollar-weighted average portfolio maturity of three years or less. The fund declares dividends monthly and capital gains annually.

The USAA Short-Term Bond fund, managed by USAA Group, carries an expense ratio of 0.61%, and requires a minimal initial investment of $3,000.

USSBX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 2.55%, 3 year 1.76% and 5 year 1.86%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.