The USAA Mutual Fds Tr Tax Exempt Long-Term Fund (USTEX) is a mutual fund that focuses on long-term investments in tax-exempt securities. This fund is managed by USAA Investment Management Company and aims to provide investors with a tax-efficient way to grow their wealth over an extended period of time. USTEX primarily invests in municipal bonds and other tax-exempt securities issued by state and local governments, making it an attractive option for investors seeking to minimize their tax burden. With a focus on long-term growth, this fund may be suitable for investors with a low risk tolerance and a long-term investment horizon.