Dow Down1.40% Nasdaq Down1.59%

USAA Precious Metals and Minerals (USAGX)

13.75 0.00(0.00%) Oct 1

Profile as of Aug 30, 2014Get Profile for:
USAA Precious Metals and Minerals
9800 Fredericksburg Road
Phone: 800-531-8722
Fund Overview 
Category:Equity Precious Metals
Fund Family:USAA
Net Assets:1.08B
Year-to-Date Return:30.83%
Morningstar Rating:3 stars
Fund Inception Date:Aug 15, 1984
Morningstar Style Box 
Equity Precious Metals
[View Category Definition]
View Top Equity Precious Metals Funds
About the Morningstar Style Box
Management Information 
Dan Denbow
Lead Manager since Oct 1, 2008
Dan Denbow, CFA, Assistant Vice President and portfolio manager, has co-managed the Precious Metals and Minerals Securities and the Global Real Estate Securities investment categories since October 2008. Mr. Denbow has 19 years of investment management experience and has worked for the advisor for 13 years. Education: B.B.A. and M.B.A., Texas Christian University. He holds the CFA designation and is a member of the CFA Institute and the CFA Society of San Antonio.
Investment Information 
Min Initial Investment:3,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:50
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
USAGX can be purchased from 45 brokerages.

Fund Summary 
The investment seeks long-term capital appreciation and to protect the purchasing power of capital against inflation. The fund normally invests at least 80% of its assets in the equity securities of domestic and foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds. It is non-diversified.

Fund Operations 
Last Dividend (Dec 16, 2013) : 0.02
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 29, 2014) : 10.00%
Average for Category:39.53%
Fees & Expenses 
ExpenseUSAGXCategory Avg
Annual Report Expense Ratio (net):1.24%1.42%
Prospectus Net Expense Ratio:1.18%N/A
Prospectus Gross Expense Ratio:1.18%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.27%
Max Deferred Sales Load: N/A2.12%
3 Yr Expense Projection*:375607
5 Yr Expense Projection*:649941
10 Yr Expense Projection*:1,4321,859
* Per $10,000 invested