Distributions
Exchange traded funds (ETFs) may distribute income dividendsDividendsDistribution paid from an ETF of earnings paid by securities in the ETF., capital gainsCapital GainsDistribution paid from an ETF of profits made from fund operations. and return of capitalReturn of CapitalGenerally, returns of capital are not taxable and reduce your cost basis. distributions to ETF holders. Distributions may occur on a frequent basis (such as monthly or quarterly) while other distributions may be on a declared (as-needed) basis.
Income dividends from this fund are accrued daily and distributed on the last business day of the month. Ordinarily, any capital gains are distributed in December of each year. The fund may make additional distributions to shareholders when considered appropriate or necessary. Learn more about record dateRecord DateThe date by which investors must own a stock if they wish to receive a declared dividend. The company that issued the stock sets the record date in order to identify the shareholders who are eligible to receive the dividend., ex-dividend dateEx-Dividend DateThe date on or after which a stock is traded without a dividend. Only investors who own a stock on or before the ex-date (also called the ex-dividend date) are eligible for the previously declared dividend. The ex-date is approximately three weeks before the dividend is paid to the shareholders of record. After the ex-date, a stock trades ex-dividend., and payable datePayable DateThe date on which a declared dividend is paid to shareholders of record. Only shareholders who bought the stock before the ex-date are eligible to receive the dividend. Also called the payment date..
| Distribution Type | Distribution Amount | Record Date | Ex-Dividend Date | Payable Date |
|---|---|---|---|---|
| Dividend | $0.15954445 | 06/04/2018 | 06/01/2018 | 06/07/2018 |
| Dividend | $0.09593889 | 03/02/2018 | 03/01/2018 | 03/07/2018 |
| Dividend | $0.036401 | 12/26/2017 | 12/22/2017 | 12/29/2017 |
| Dividend | $0.0787065 | 12/19/2017 | 12/18/2017 | 12/22/2017 |
| Dividend | $0.08493095 | 12/04/2017 | 12/01/2017 | 12/07/2017 |
Consider the investment objectives, risks, charges and expenses and other information of the USAA ETFs, available in each ETF’s prospectus, carefully before investing. Download a prospectus containing this and other information about the funds from USAA Investment Management Company, Distributor. Read it carefully before investing. The information provided does not constitute a recommendation of any investment strategy or product for a particular investor and should not be considered advice given in a fiduciary capacity, including within the meaning of ERISA. Investors should consult a financial advisor/financial consultant before making any investment decisions.
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.