# Victory Tax Exempt Short-Term Fund

Victory Tax Exempt Short-Term Fund is a registered fund series of Victory Portfolios III (series S000012912). Net assets $621.2M as of 2026-05-31.

## Profile

- Series ID: S000012912
- Registrant: Victory Portfolios III
- LEI: 549300HBQJXW0J04OC16
- Net assets: $621.2M
- Total assets: $629.7M
- 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 |
| --- | --- | --- | --- |
| [NEW YORK LIBERTY DEV CORP LIBERTY REV](https://search.stillhousedata.com/security/649519DH5) | — | $14.2M | 227.93% |
| [MAIN STR NAT GAS INC GA GAS SUPPLY REV](https://search.stillhousedata.com/security/56035DHT2) | — | $13.2M | 211.71% |
| [SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV](https://search.stillhousedata.com/security/84136HBT9) | — | $10.3M | 165.85% |
| [OWEN CNTY KY WTR FACS REV](https://search.stillhousedata.com/security/69068WAA1) | — | $9.7M | 156.80% |
| [VALLEY STREAM N Y](https://search.stillhousedata.com/security/920100Y32) | — | $9.4M | 151.04% |
| [ILLINOIS ST](https://search.stillhousedata.com/security/452152P21) | — | $9.3M | 149.02% |
| [CHANDLER ARIZ INDL DEV AUTH INDL DEV REV](https://search.stillhousedata.com/security/158862CE0) | — | $7.6M | 122.33% |
| [GILLIAM CNTY ORE SOLID WASTE DISP REV](https://search.stillhousedata.com/security/37580TAF3) | — | $6.4M | 102.48% |
| [CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV](https://search.stillhousedata.com/security/154871CU9) | — | $6.3M | 101.07% |
| [MAIN STR NAT GAS INC GA GAS SUPPLY REV](https://search.stillhousedata.com/security/56035DEE8) | — | $6.2M | 100.34% |
| [PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV](https://search.stillhousedata.com/security/735220AT2) | — | $6.2M | 99.57% |
| [CORTLAND N Y](https://search.stillhousedata.com/security/220633WM9) | — | $6.0M | 97.11% |
| [CORTLAND N Y](https://search.stillhousedata.com/security/220633WL1) | — | $6.0M | 96.60% |
| [DEUTSCHE BK SPEARS/LIFERS TR VAR STS](https://search.stillhousedata.com/security/25155W8H5) | — | $5.9M | 94.26% |
| [DEUTSCHE BK SPEARS/LIFERS TR VAR STS](https://search.stillhousedata.com/security/25156SGE1) | — | $5.8M | 93.70% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $621.2M |
| 2026-02-28 | $633.4M |
| 2025-11-30 | $638.6M |
| 2025-08-31 | $648.0M |
| 2025-05-31 | $642.6M |
| 2025-02-28 | $650.6M |
| 2024-11-30 | $661.5M |
| 2024-08-31 | $676.4M |

## More

- [Registrant: Victory Portfolios III](https://search.stillhousedata.com/registrant/908695)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000012912.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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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.