<SEC-DOCUMENT>0000908695-15-000189-index.html : 20150731
<SEC-HEADER>0000908695-15-000189.hdr.sgml : 20150731
<ACCEPTANCE-DATETIME>20150731161645
ACCESSION NUMBER:		0000908695-15-000189
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20150731
DATE AS OF CHANGE:		20150731
EFFECTIVENESS DATE:		20150731

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:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-65572
		FILM NUMBER:		151019559

	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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000908695
<SERIES-ID>S000012912
<SERIES-NAME>Tax Exempt Short-Term Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000034881
<CLASS-CONTRACT-NAME>Tax Exempt Short-Term Fund Shares
<CLASS-CONTRACT-TICKER-SYMBOL>USSTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091160
<CLASS-CONTRACT-NAME>Tax Exempt Short-Term Fund Adviser Shares
<CLASS-CONTRACT-TICKER-SYMBOL>UTESX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>e108788.htm
<DESCRIPTION>SUMMARY PROSPECTUS TAX EXEMPT SHORT-TERM FUND
<TEXT>
Document 1 - file: e108788.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>e108788_graph.jpg
<DESCRIPTION>BARCHART
<TEXT>
Document 2 - file: e108788_graph.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>e108788_logo.jpg
<DESCRIPTION>USAA LOGO
<TEXT>
Document 3 - file: e108788_logo.jpg

</DOCUMENT>
</SEC-DOCUMENT>