The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Victory Tax-Exempt A to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
NAV / 1-Day Return
8.41 / 0.13 %
Adj. Expense Ratio
Distribution Fee Level
Share Class Type
Muni National Long
Credit Quality / Interest Rate SensitivityMedium / Extensive
Min. Initial Investment
Morningstar’s Analysis GUTEX
Will GUTEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.