0001752724-19-055914.txt : 20190610 0001752724-19-055914.hdr.sgml : 20190610 20190610171256 ACCESSION NUMBER: 0001752724-19-055914 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190610 DATE AS OF CHANGE: 20190610 EFFECTIVENESS DATE: 20190610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: USAA MUTUAL FUNDS TRUST CENTRAL INDEX KEY: 0000908695 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-07852 FILM NUMBER: 19889225 BUSINESS ADDRESS: STREET 1: 9800 FREDERICKSBURG ROAD STREET 2: A-3-W CITY: SAN ANTONIO STATE: TX ZIP: 78288-0227 BUSINESS PHONE: 210-498-0226 MAIL ADDRESS: STREET 1: 9800 FREDERICKSBURG ROAD STREET 2: A-3-W CITY: SAN ANTONIO STATE: TX ZIP: 78288-0227 FORMER COMPANY: FORMER CONFORMED NAME: USAA STATE TAX FREE TRUST DATE OF NAME CHANGE: 19940325 FORMER COMPANY: FORMER CONFORMED NAME: USAA STATE TAX EXEMPT TRUST DATE OF NAME CHANGE: 19930707 0000908695 S000012901 Tax Exempt Intermediate-Term Fund C000034870 Tax Exempt Intermediate-Term Fund Shares USATX C000091153 Tax Exempt Intermediate-Term Fund Adviser Shares UTEIX 0000908695 S000012904 Tax Exempt Long-Term Fund C000034873 Tax Exempt Long-Term Fund Shares USTEX C000091156 Tax Exempt Long-Term Fund Adviser Shares UTELX 0000908695 S000012908 New York Bond Fund C000034877 New York Bond Fund Shares USNYX C000091157 New York Bond Fund Adviser Shares UNYBX 0000908695 S000012912 Tax Exempt Short-Term Fund C000034881 Tax Exempt Short-Term Fund Shares USSTX C000091160 Tax Exempt Short-Term Fund Adviser Shares UTESX 0000908695 S000012916 California Bond Fund C000034886 California Bond Fund Shares USCBX C000091162 California Bond Fund Adviser Shares UXABX 0000908695 S000012917 Tax Exempt Money Market Fund C000034887 Tax Exempt Money Market Fund USEXX 0000908695 S000012921 Virginia Bond Fund C000034891 Virginia Bond Fund Shares USVAX C000091164 Virginia Bond Fund Adviser Shares UVABX 0000908695 S000050251 Target Managed Allocation Fund C000158651 Target Managed Allocation Fund UTMAX 0000908695 S000050252 Global Equity Income Fund C000158652 Global Equity Income Fund Shares UGIEX C000158653 Global Equity Income Fund Institutional Shares UIGEX N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000908695 XXXXXXXX 811-07852 false false false N-1A S000012921 C000034891 C000091164 S000012901 C000034870 C000091153 S000012917 C000034887 S000012916 C000034886 C000091162 S000012904 C000091156 C000034873 S000012908 C000034877 C000091157 S000012912 C000034881 C000091160 S000050252 C000158652 C000158653 S000050251 C000158651 USAA MUTUAL FUNDS TRUST 811-07852 0000908695 549300WIDR2J6W1Y9S11 9800 FREDERICKSBURG ROAD A-3-W SAN ANTONIO 78288-0227 US-TX US 210-498-0226 State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Custody and Accounting Records. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 48751520.00000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 41030260.00000000 U.S. Bancorp 8-35359 000017868 N1GZ7BBF3NP8GI976H15 66278000.00000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 14589381.95000000 Mizuho Securities USA LLC 8-37710 000019647 7TK5RJIZDFROZCA6XF66 71950000.00000000 510057344.90000000 N 682388694.01000000 Committed 500000000.00000000 N N N N Tax Exempt Intermediate-Term Fund S000012901 549300XP2M6Q4ED9JY76 Y 2 0 0 N/A N N N N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 17a-7 (17 CFR 270.17a-7) Y N Y N USAA Asset Management Company 801-72896 000159030 549300A76IXGXWMASC09 N BNY Mellon Investment Servicing (US) Inc. 084-01761 549300CFZQLI9QMJ1Z03 N N USAA Transfer Agency Company 84-1197 0000000000 Y N N ICE Data Services, Inc. 5493000NQ9LYLDBCTL34 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N USAA Asset Management Company 549300A76IXGXWMASC09 Y N N USAA Asset Management Company 549300A76IXGXWMASC09 Y N N USAA Investment Management Company 8-41241 000005475 549300VSPLQ1XBNPD479 0.00000000 0.00000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 57354549.70000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 123372418.40000000 Deutsche Bank Securities Inc. 8-17822 000002525 9J6MBOOO7BECTDTUZW19 104060000.00000000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 8-7221 000007691 8NAV47T0Y26Q87Y0QP81 178758228.95000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 562083184.70000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 143731223.20000000 Mizuho Securities USA LLC 8-37710 000019647 7TK5RJIZDFROZCA6XF66 70900000.00000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 72609062.50000000 Wells Fargo Securities, LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 435117177.80000000 SunTrust Robinson Humphrey, Inc. 008-17212 000006271 CSVTK36R0PNGXEM7NS14 194960000.00000000 2188303265.66000000 N 4676849829.27000000 Committed 500000000.00000000 N N N N true true OTHER REQUIRED INFO 2 NCEN_1439160090360292.txt SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. USAA MUTUAL FUNDS TRUST (Registrant) Date: June 12, 2019 ________________________ /S/ KRISTEN MILLAN ________________________ (Signature)* Kristen Millan Secretary *Print full name and title of the signing officer under his/her signature. INTERNAL CONTROL RPT 3 NCEN_1439252698773288.txt Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Trustees of USAA Mutual Funds Trust In planning and performing our audits of the financial statements of USAA Mutual Funds Trust (comprising USAA California Bond Fund, USAA Global Equity Income Fund, USAA New York Bond Fund, USAA Target Managed Allocation Fund, USAA Tax Exempt Intermediate-Term Fund, USAA Tax Exempt Long-Term Fund, USAA Tax Exempt Money Market Fund, USAA Tax Exempt Short-Term Fund, and USAA Virginia Bond Fund) (the Trust) as of and for the year ended March 31, 2019, in accordance with the standard of the Public Company Accounting Oversight Board (United States), we considered the Trust's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Trust is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A trust's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A trust's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the trust; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the trust are being made only in accordance with authorizations of management and trustees of the trust; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a trust's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the trust's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Trust's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Trust's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of March 31, 2019. This report is intended solely for the information and use of management and the Board of Trustees of the Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ Ernst & Young LLP San Antonio, TX May 22, 2019