X0101 EFFECT 33 LIVE 2020-07-24 12:00:00

N-14

0000908695 USAA MUTUAL FUNDS TRUST 333-239359 0000908695 USAA MUTUAL FUNDS TRUST S000022883 Target Retirement Income Fund C000066373 Target Retirement Income Fund 0000908695 USAA MUTUAL FUNDS TRUST S000022884 Target Retirement 2020 Fund C000066374 Target Retirement 2020 Fund