# Portfolio overlap — UTEIX vs USTEX Comparing **Victory Tax Exempt Intermediate-Term Fund** (2026-02-28) and **Victory Tax Exempt Long-Term Fund** (2026-02-28). - Shared positions: 36 - Victory Tax Exempt Intermediate-Term Fund covered by Victory Tax Exempt Long-Term Fund: 0.05415536969428273187158479643 - Victory Tax Exempt Long-Term Fund covered by Victory Tax Exempt Intermediate-Term Fund: 0.05415536969428273187158479645 ## Victory Tax Exempt Intermediate-Term Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PORT PORT ARTHUR TX NAV DIST VAR-MOTIVA ENTERPRISES PJ-A | 0.010469 | ✓ | | MO ENVIRON IMP 2.9% 9/1/2033 | 0.008458 | | | REGIONAL TRANSPORTATION AUTHORITY | 0.008398 | | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.007832 | | | PENNSYLVANIA TURNPIKE COMMISSION | 0.007133 | | | CHICAGO IL BRD OF EDU | 0.007114 | | | N TX HWY CABS-REF-1ST | 0.006635 | | | Black Belt Energy Gas District, Series 2025 A | 0.006220 | ✓ | | LOWER AL GAS DIST GAS PROJ REVENUE | 0.005862 | | | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 5, Series 2023A | 0.005685 | | | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 | 0.005390 | | | IOWA FINANCE AUTHORITY | 0.005372 | | | N TX TOLLWAY AUTH REVENUE NRTTRN 01/43 FIXED 4 | 0.005024 | | | ILLINOIS ST FIN AUTH WTR FAC R REGD V/R B/E 2.45000000 | 0.004870 | | | GREAT LAKES WATER AUTHORITY WATER SUPPLY SYSTEM RE | 0.004843 | | | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR | 0.004836 | ✓ | | PORT OF PORT ARTHUR TX NAV DIST | 0.004832 | ✓ | | LOUISIANA PUBLIC FACILITIES AUTHORITY | 0.004791 | | | STATE PUBLIC SCH BLDG AUTH PASCH REVENUE | 0.004697 | | | IL CHITRN 5.25 01/01/2048 | 0.004656 | | | PORT PORT ARTHUR TEX NAV DIST MOTIVA ENTERPRISES-C | 0.004544 | ✓ | | UNIVERSITY OF ILLINOIS AUXILIARY FACILITIES SYSTEM 4.0% 04-01-33 | 0.004440 | | | REGIONAL TRANSPORTATION AUTHORITY | 0.004224 | | | INDIANA FINANCE AUTHORITY | 0.004142 | | | COUNTY OF ALLEN OH HOSPITAL FACILITIES REVENUE | 0.003900 | | | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/30 FIXED 5 | 0.003788 | | | MA ST DEV FIN -J2 | 0.003645 | | | PHOENIX AZ INDL DEV AUTH EDU REVENUE | 0.003635 | | | ST PUB SCH BLDG-A-REF | 0.003624 | | | ILLINOIS ST EDUCTNL FACS AUTH | 0.003573 | | | MIAMI-DADE COUNTY EXPRESSWAY AUTHORITY | 0.003562 | | | WESTLAKE CORP 3.5% 11-01-32 | 0.003555 | | | SCHOOL DISTRICT OF PHILADELPHIA THE | 0.003554 | | | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE | 0.003510 | | | MET TRANSPRTN AUTH NY REVENUE | 0.003504 | | | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.003501 | | | Tender Option Bond Trust Receipts/Certificates | 0.003497 | ✓ | | ARLINGTON TX HGR EDU FIN CORP REGD OID B/E PSF-GTD 4.00000000 | 0.003487 | | | Tender Option Bond Trust Receipts/Certificates | 0.003460 | ✓ | | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE | 0.003433 | | | COUNTY OF BROWARD FL TOURIST DEVELOPMENT TAX REVEN | 0.003386 | | | NY MTA TRANSP 4% 11/15/2035 | 0.003278 | | | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania) | 0.003263 | | | TX EXXON 12 G=EXXON V1 | 0.003202 | | | LOUISIANA PUBLIC FACILITIES AUTHORITY | 0.003181 | | | PUBLIC SERVICE CO OF NEW MEXICO 2.15% 04-01-33 | 0.003175 | | | CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | 0.003175 | | | CO ST HLTH FACS AUTH | 0.003073 | | | CITY OF SPRINGFIELD IL | 0.003027 | | | CITYPLACE COMMUNITY DEVELOPMENT DISTRICT | 0.003015 | | ## Victory Tax Exempt Long-Term Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | REGL TRANSPRTN AUTH IL REGIONAL TRANSPORTATION AUTHORITY | 0.026078 | | | MIAMI-DADE CO WTR&SWR | 0.013320 | | | MISSOURI DEVELOPMENT FINANCE BOARD | 0.010376 | | | TX ST TPK AUTH-CAB-A | 0.010317 | | | MIDLOTHIAN INDEPENDENT SCHOOL DISTRICT | 0.009562 | | | Harris (County of), TX Hospital District, Series 2016, RB | 0.009280 | | | CENTRL PLAINS ENERGY PROJ NE G CENTRAL PLAINS ENERGY PROJECT | 0.009208 | | | SANGAMON COUNTY WATER R | 0.008592 | | | NJ TRANSP 4% 6/15/2050 | 0.008545 | | | IL ST FIN AUTH-A-REF | 0.007743 | | | GNSVLL and HLL GA 4% 2/15/2045 | 0.007617 | | | LEE FL IDA HLTH 5% 11/15/2049 | 0.007595 | | | LAS VEGAS CONVENTION VISITORS AUTHORITY | 0.007291 | | | IDEA PUBLIC SCHOOLS PSF-GTD 4.0% 08-15-44 | 0.006575 | | | SANTA ANA UNIFIED SCHOOL DISTRICT | 0.006499 | | | VILLAGE OF ROSEMONT IL | 0.006323 | | | MASS DEVEL FIN 5% 7/1/2053 | 0.006262 | | | PINAL CNTY AZ ELEC DIST 3 | 0.006235 | | | Wisconsin (State of) Public Finance Authority (Wakemed Hospital), Series 2019 A, Ref. RB | 0.006160 | ✓ | | PORT PORT ARTHUR TEX NAV DIST MOTIVA ENTERPRISES-C | 0.006106 | ✓ | | LEHIGH VY HLTH NETWRK OBG | 0.006104 | | | ARLINGTON HIGHER EDUCATION FINANCE CORP | 0.006027 | | | Matagorda County Navigation District No. 1 (Aep Texas Central Co.), Series 2008, Ref. RB | 0.005991 | | | COOK CY CCD508 5% 12/1/47 | 0.005976 | | | Black Belt Energy Gas District, Series 2025 A | 0.005971 | ✓ | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-50 | 0.005931 | | | OKLAHOMA MUNICIPAL POWER AUTHORITY | 0.005906 | | | SAN YSIDRO SCHOOL DISTRICT | 0.005899 | | | SAN YSIDRO SCHOOL DISTRICT | 0.005895 | | | IDEA PUBLIC SCHOOLS PSF-GTD 5.0% 08-15-48 | 0.005875 | | | KING COUNTY PUBLIC HOSPITAL DISTRICT NO 1 | 0.005790 | | | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2017B-1 | 0.005720 | | | Ross (County of), OH (Adena Health System Obligated Group), Series 2019, Ref. RB | 0.005630 | | | NTHRN IL MUNI PWR AGY PWR PROJ REVENUE | 0.005604 | | | TARRANT RETIRE 5% 11/15/2046 | 0.005510 | | | MO MOSMED 4 02/01/2048 | 0.005338 | | | CUYAHOGA HOSP 4.75% 2/15/2047 | 0.005178 | | | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE | 0.005021 | | | COUNTY OF COOK IL SALES TAX REVENUE | 0.004979 | | | Louisiana (State of) Public Facilities Authority (Provident Group-Flagship Properties LLC- Louisiana State University Nicholson Gateway) | 0.004853 | | | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno | 0.004802 | | | PORT OF PORT ARTHUR TX NAV DIST | 0.004735 | ✓ | | BEXAR COUNTY HEALTH FACILITIES DEVELOPMENT CORP | 0.004606 | | | STOCKTON UNIFIED SCHOOL DISTRICT | 0.004518 | | | ARLINGTON HIGHER EDUCATION FINANCE CORP | 0.004491 | | | Ward County Health Care, North Dakota, Revenue Bonds, Trinity Obligated Group, Series 2017C | 0.004434 | ✓ | | ILLINOIS ST FIN AUTH REVENUE | 0.004403 | | | JEFF LA TAX 4% 12/1/2042 | 0.004388 | | | THOMAS JEFFERSON UNIVERSITY OBLIGATED GROUP 4.0% 05-01-52 | 0.004370 | | | Richmond Hospital Authority, Series 2015 A | 0.004363 | | ## Sources - N-PORT (fund A) — accession `0001004726-26-003001` (as of 2026-02-28) - N-PORT (fund B) — accession `0001004726-26-003010` (as of 2026-02-28) --- _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._ _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._ _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. See _