# Victory Tax Exempt Intermediate-Term Fund

Victory Tax Exempt Intermediate-Term Fund is a registered fund series of Victory Portfolios III (series S000012901). Net assets $2.8B as of 2026-05-31.

## Profile

- Series ID: S000012901
- Registrant: Victory Portfolios III
- LEI: 549300XP2M6Q4ED9JY76
- Net assets: $2.8B
- Total assets: $2.8B
- As of: 2026-05-31

## Advisers

- [Victory Capital Management Inc. (Advisor)](https://search.stillhousedata.com/firm/106189)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [REGIONAL TRANSN AUTH ILL](https://search.stillhousedata.com/security/7599113D0) | — | $23.4M | 84.24% |
| [MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH ENV IMPT REV](https://search.stillhousedata.com/security/606907BG7) | — | $23.2M | 83.56% |
| [NEW YORK ST DORM AUTH ST PERS INCOME TAX REV](https://search.stillhousedata.com/security/64990FZW7) | — | $21.6M | 77.67% |
| [PENNSYLVANIA ST TPK COMMN TPK REV](https://search.stillhousedata.com/security/709224PH6) | — | $20.0M | 72.02% |
| [PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV](https://search.stillhousedata.com/security/735220AU9) | — | $19.9M | 71.67% |
| [CHICAGO ILL BRD ED](https://search.stillhousedata.com/security/167505YK6) | — | $19.6M | 70.52% |
| [NORTH TEX TWY AUTH REV](https://search.stillhousedata.com/security/66285WBU9) | — | $18.5M | 66.68% |
| [BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV](https://search.stillhousedata.com/security/09182TEV5) | — | $17.0M | 61.25% |
| [LOWER ALA GAS DIST GAS PROJ REV](https://search.stillhousedata.com/security/547804AF1) | — | $15.9M | 57.26% |
| [SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA](https://search.stillhousedata.com/security/84136FBT3) | — | $15.7M | 56.70% |
| [TRIMBLE CNTY KY ENVIRONMENTAL FACS REV](https://search.stillhousedata.com/security/896221AD0) | — | $15.0M | 53.97% |
| [IOWA FIN AUTH HEALTH FACS REV](https://search.stillhousedata.com/security/462466FX6) | — | $15.0M | 53.85% |
| [NORTH TEX TWY AUTH REV](https://search.stillhousedata.com/security/66285WWC6) | — | $13.9M | 49.91% |
| [BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV](https://search.stillhousedata.com/security/09182TEW3) | — | $13.6M | 49.00% |
| [GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV](https://search.stillhousedata.com/security/39081JBB3) | — | $13.6M | 48.85% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $2.8B |
| 2026-02-28 | $2.8B |
| 2025-11-30 | $2.9B |
| 2025-08-31 | $2.8B |
| 2025-05-31 | $2.9B |
| 2025-02-28 | $3.1B |
| 2024-11-30 | $3.1B |
| 2024-08-31 | $3.2B |

## More

- [Registrant: Victory Portfolios III](https://search.stillhousedata.com/registrant/908695)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000012901.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

---

Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.