{
  "page": "compare",
  "query": {
    "a": "GUTEX",
    "b": "USTEX"
  },
  "retrieved_at": "2026-07-07T17:59:00+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Victory Tax-Exempt Fund",
    "ticker": "GUTEX",
    "slug": "GUTEX",
    "series_id": "S000053573",
    "html_url": "https://fundwatcher.app/funds/GUTEX/"
  },
  "fund_b": {
    "name": "Victory Tax Exempt Long-Term Fund",
    "ticker": "USTEX",
    "slug": "USTEX",
    "series_id": "S000012904",
    "html_url": "https://fundwatcher.app/funds/USTEX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.03267615688453545540836933469",
    "coverage_b_by_a": "0.03267615688453545540836933469",
    "shared_count": 17,
    "as_of": {
      "a": "2025-09-30",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "MET TRANS AUTH -B-1",
        "value": "1546977.34",
        "weight": "0.04822047",
        "shared": false
      },
      {
        "name": "SALES TAX SECURTZTN-C",
        "value": "1516624.49",
        "weight": "0.04727435",
        "shared": false
      },
      {
        "name": "LOGAN ELM OH LOCAL SC",
        "value": "1313415.76",
        "weight": "0.04094017",
        "shared": false
      },
      {
        "name": "CHICAGO ILLIN 6% 4/1/2046",
        "value": "1293853.99",
        "weight": "0.04033042",
        "shared": false
      },
      {
        "name": "PORT PORT ARTHUR TEX NAV DIST MOTIVA ENTERPRISES-C",
        "value": "1100000.00",
        "weight": "0.03428784",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District, Series 2025 A",
        "value": "1038615.72",
        "weight": "0.03237445",
        "shared": true
      },
      {
        "name": "MISSOURI ST HLTH & EDUCTNL FACS AUTH EDUCTNL FACS REVENUE",
        "value": "1035900.63",
        "weight": "0.03228981",
        "shared": false
      },
      {
        "name": "CITY OF CHICAGO IL WASTEWATER TRANSMISSION REVENUE 5.0% 01-01-47",
        "value": "1002825.55",
        "weight": "0.03125884",
        "shared": true
      },
      {
        "name": "TSASC NY TOBAC 5% 6/1/2041",
        "value": "994789.81",
        "weight": "0.03100836",
        "shared": true
      },
      {
        "name": "Port Authority of Guam, Series A",
        "value": "986081.31",
        "weight": "0.03073691",
        "shared": false
      },
      {
        "name": "UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE",
        "value": "956626.05",
        "weight": "0.02981877",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE",
        "value": "851791.38",
        "weight": "0.02655099",
        "shared": false
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "765921.82",
        "weight": "0.02387437",
        "shared": false
      },
      {
        "name": "CLIFTON TX HGR EDU FIN CORP EDU REVENUE",
        "value": "681393.99",
        "weight": "0.02123957",
        "shared": false
      },
      {
        "name": "COVENANT LIVING COMMUNITIES AND SERVICES OBLIGATED GROUP 4.0% 12-01-50",
        "value": "606583.90",
        "weight": "0.01890768",
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      },
      {
        "name": "Gold Hill Mesa Metropolitan District 2, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refundin",
        "value": "602701.84",
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      },
      {
        "name": "Arkansas (State of) Development Finance Authority (Baptist Memorial Health), Series 2019, RB",
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      {
        "name": "PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE",
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        "weight": "0.01693006",
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      },
      {
        "name": "CHARLSTN SC ARP 5.25% 7/1/2054",
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      {
        "name": "PRIV CLGS & UNIVS AUTH GA",
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      {
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      {
        "name": "IN INSHGR 5.5 07/01/2052",
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      },
      {
        "name": "PRESBYTERIAN HOMES OBLIGATED GROUP 5.25% 07-01-48",
        "value": "499506.65",
        "weight": "0.01557000",
        "shared": true
      },
      {
        "name": "FRANKLIN CNTY OH HLTH CARE FACS REVENUE",
        "value": "469662.28",
        "weight": "0.01463973",
        "shared": true
      },
      {
        "name": "FL ST DEV FIN 5% 6/15/2055",
        "value": "467384.64",
        "weight": "0.01456874",
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      },
      {
        "name": "State of Illinois, Series 2023, GO Bonds",
        "value": "466883.09",
        "weight": "0.01455310",
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      {
        "name": "Colorado Educational & Cultural Facilities Authority",
        "value": "447704.89",
        "weight": "0.01395530",
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      {
        "name": "Hillsborough (County of), FL Industrial Development Authority (Tampa General Hospital), Series 2020 A, RB",
        "value": "438937.26",
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      {
        "name": "NY MTA TRANSP 4% 11/15/2049",
        "value": "436906.62",
        "weight": "0.01361871",
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      {
        "name": "Miami-Dade (County of), FL, Subseries 2021 B-1, Ref. RB",
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        "weight": "0.01361149",
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      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport, Series 2022 A",
        "value": "435198.97",
        "weight": "0.01356548",
        "shared": false
      },
      {
        "name": "County of Broward, Series 2019 B",
        "value": "433257.75",
        "weight": "0.01350498",
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      },
      {
        "name": "MICHIGAN ST FIN AUTH REVENUE REGD B/E 4.00000000",
        "value": "433193.66",
        "weight": "0.01350298",
        "shared": false
      },
      {
        "name": "ARLINGTON TX HGR EDU FIN CORP EDU REVENUE",
        "value": "431321.53",
        "weight": "0.01344462",
        "shared": false
      },
      {
        "name": "COUNTY OF BROWARD FL AIRPORT SYSTEM REVENUE",
        "value": "424704.74",
        "weight": "0.01323837",
        "shared": false
      },
      {
        "name": "UNIV MA BLDG-UNREFUND",
        "value": "410474.62",
        "weight": "0.01279481",
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      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT",
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      },
      {
        "name": "St. Johns County Industrial Development Authority, Series 2020 A",
        "value": "398932.34",
        "weight": "0.01243503",
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      },
      {
        "name": "POMPANO BEACH FL REVENUE POMGEN 09/50 FIXED 4",
        "value": "394583.89",
        "weight": "0.01229948",
        "shared": true
      },
      {
        "name": "NORTH CAROLINA ST MED CARE COM REGD B/E 4.00000000",
        "value": "393316.42",
        "weight": "0.01225997",
        "shared": false
      },
      {
        "name": "CITY OF ARLINGTON TX",
        "value": "392443.31",
        "weight": "0.01223276",
        "shared": false
      },
      {
        "name": "Iowa Finance Authority, Series 2019 A-1",
        "value": "381612.32",
        "weight": "0.01189515",
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      {
        "name": "CAPTL TR AGY FL 5% 8/1/2055",
        "value": "380720.00",
        "weight": "0.01186733",
        "shared": false
      },
      {
        "name": "HARDIN CNTY OH ECON DEV FACILITIES REVENUE",
        "value": "347665.69",
        "weight": "0.01083701",
        "shared": false
      },
      {
        "name": "Build NYC Resource Corp., Series 2023 A",
        "value": "321167.59",
        "weight": "0.01001104",
        "shared": false
      },
      {
        "name": "PRESBYTERIAN HOMES OBLIGATED GROUP 4.0% 10-01-50",
        "value": "297628.65",
        "weight": "0.00927731",
        "shared": false
      },
      {
        "name": "DETROIT MI 6% 5/1/2043",
        "value": "272938.19",
        "weight": "0.00850769",
        "shared": false
      },
      {
        "name": "MICHIGAN ST FIN AUTH LTD OBLIG REVENUE",
        "value": "268446.97",
        "weight": "0.00836770",
        "shared": false
      },
      {
        "name": "OHIO ST HGR EDUCTNL FAC COMMISSION",
        "value": "256837.04",
        "weight": "0.00800581",
        "shared": true
      },
      {
        "name": "UTAH CHARTER SCHOOL FINANCE AUTHORITY",
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        "shared": true
      }
    ],
    "b_top": [
      {
        "name": "REGL TRANSPRTN AUTH IL REGIONAL TRANSPORTATION AUTHORITY",
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        "weight": "0.02607814",
        "shared": false
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      {
        "name": "MIAMI-DADE CO WTR&SWR",
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      {
        "name": "MISSOURI DEVELOPMENT FINANCE BOARD",
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      {
        "name": "TX ST TPK AUTH-CAB-A",
        "value": "16558526.87",
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      {
        "name": "MIDLOTHIAN INDEPENDENT SCHOOL DISTRICT",
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        "shared": false
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      {
        "name": "Harris (County of), TX Hospital District, Series 2016, RB",
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      {
        "name": "CENTRL PLAINS ENERGY PROJ NE G CENTRAL PLAINS ENERGY PROJECT",
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      },
      {
        "name": "SANGAMON COUNTY WATER R",
        "value": "13790454.48",
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      {
        "name": "NJ TRANSP 4% 6/15/2050",
        "value": "13714512.63",
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      },
      {
        "name": "IL ST FIN AUTH-A-REF",
        "value": "12427482.59",
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      },
      {
        "name": "GNSVLL and HLL GA 4% 2/15/2045",
        "value": "12224771.65",
        "weight": "0.00761652",
        "shared": false
      },
      {
        "name": "LEE FL IDA HLTH 5% 11/15/2049",
        "value": "12190780.05",
        "weight": "0.00759534",
        "shared": false
      },
      {
        "name": "LAS VEGAS CONVENTION VISITORS AUTHORITY",
        "value": "11701980.26",
        "weight": "0.00729080",
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      },
      {
        "name": "IDEA PUBLIC SCHOOLS PSF-GTD 4.0% 08-15-44",
        "value": "10552786.79",
        "weight": "0.00657481",
        "shared": false
      },
      {
        "name": "SANTA ANA UNIFIED SCHOOL DISTRICT",
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        "weight": "0.00649873",
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      },
      {
        "name": "VILLAGE OF ROSEMONT IL",
        "value": "10149123.38",
        "weight": "0.00632331",
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      },
      {
        "name": "MASS DEVEL FIN 5% 7/1/2053",
        "value": "10049987.03",
        "weight": "0.00626154",
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      },
      {
        "name": "PINAL CNTY AZ ELEC DIST 3",
        "value": "10007166.29",
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      },
      {
        "name": "Wisconsin (State of) Public Finance Authority (Wakemed Hospital), Series 2019 A, Ref. RB",
        "value": "9887539.90",
        "weight": "0.00616033",
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      },
      {
        "name": "PORT PORT ARTHUR TEX NAV DIST MOTIVA ENTERPRISES-C",
        "value": "9800000.00",
        "weight": "0.00610579",
        "shared": true
      },
      {
        "name": "LEHIGH VY HLTH NETWRK OBG",
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      },
      {
        "name": "ARLINGTON HIGHER EDUCATION FINANCE CORP",
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      },
      {
        "name": "Matagorda County Navigation District No. 1 (Aep Texas Central Co.), Series 2008, Ref. RB",
        "value": "9616416.52",
        "weight": "0.00599141",
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      },
      {
        "name": "COOK CY CCD508 5% 12/1/47",
        "value": "9591081.05",
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      },
      {
        "name": "Black Belt Energy Gas District, Series 2025 A",
        "value": "9583665.92",
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      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-50",
        "value": "9518914.91",
        "weight": "0.00593066",
        "shared": false
      },
      {
        "name": "OKLAHOMA MUNICIPAL POWER AUTHORITY",
        "value": "9478755.95",
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      },
      {
        "name": "SAN YSIDRO SCHOOL DISTRICT",
        "value": "9467365.44",
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        "shared": false
      },
      {
        "name": "SAN YSIDRO SCHOOL DISTRICT",
        "value": "9462294.52",
        "weight": "0.00589539",
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      },
      {
        "name": "IDEA PUBLIC SCHOOLS PSF-GTD 5.0% 08-15-48",
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        "weight": "0.00587491",
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      },
      {
        "name": "KING COUNTY PUBLIC HOSPITAL DISTRICT NO 1",
        "value": "9293431.09",
        "weight": "0.00579018",
        "shared": false
      },
      {
        "name": "Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2017B-1",
        "value": "9181421.36",
        "weight": "0.00572039",
        "shared": false
      },
      {
        "name": "Ross (County of), OH (Adena Health System Obligated Group), Series 2019, Ref. RB",
        "value": "9035901.07",
        "weight": "0.00562973",
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      },
      {
        "name": "NTHRN IL MUNI PWR AGY PWR PROJ REVENUE",
        "value": "8995143.36",
        "weight": "0.00560433",
        "shared": false
      },
      {
        "name": "TARRANT RETIRE 5% 11/15/2046",
        "value": "8844469.30",
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      },
      {
        "name": "MO MOSMED 4 02/01/2048",
        "value": "8567045.59",
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      },
      {
        "name": "CUYAHOGA HOSP 4.75% 2/15/2047",
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      },
      {
        "name": "NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE",
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      },
      {
        "name": "COUNTY OF COOK IL SALES TAX REVENUE",
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      },
      {
        "name": "Louisiana (State of) Public Facilities Authority (Provident Group-Flagship Properties LLC- Louisiana State University Nicholson Gateway)",
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      },
      {
        "name": "Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno",
        "value": "7707240.85",
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      },
      {
        "name": "PORT OF PORT ARTHUR TX NAV DIST",
        "value": "7600000.00",
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      },
      {
        "name": "BEXAR COUNTY HEALTH FACILITIES DEVELOPMENT CORP",
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      },
      {
        "name": "STOCKTON UNIFIED SCHOOL DISTRICT",
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      },
      {
        "name": "ARLINGTON HIGHER EDUCATION FINANCE CORP",
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      },
      {
        "name": "Ward County Health Care, North Dakota, Revenue Bonds, Trinity Obligated Group, Series 2017C",
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        "weight": "0.00443370",
        "shared": false
      },
      {
        "name": "ILLINOIS ST FIN AUTH REVENUE",
        "value": "7067302.68",
        "weight": "0.00440321",
        "shared": false
      },
      {
        "name": "JEFF LA TAX 4% 12/1/2042",
        "value": "7043375.63",
        "weight": "0.00438830",
        "shared": false
      },
      {
        "name": "THOMAS JEFFERSON UNIVERSITY OBLIGATED GROUP 4.0% 05-01-52",
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      },
      {
        "name": "Richmond Hospital Authority, Series 2015 A",
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      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001004726-25-002234",
      "as_of": "2025-09-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/802716/000100472625002234/0001004726-25-002234-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001004726-26-003010",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/908695/000100472626003010/0001004726-26-003010-index.htm"
    }
  ]
}