Victory Floating Rate Member (RSFMX)
| Fund Assets | 353.30M |
| Expense Ratio | 0.86% |
| Min. Investment | $3,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 8.42% |
| Dividend Growth | -11.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.89 |
| YTD Return | 2.64% |
| 1-Year Return | 9.45% |
| 5-Year Return | 19.02% |
| 52-Week Low | 7.65 |
| 52-Week High | 7.96 |
| Beta (5Y) | n/a |
| Holdings | 196 |
| Inception Date | Nov 3, 2020 |
About RSFMX
Victory Floating Rate Fund Member Class is a mutual fund designed to deliver a high level of current income through investments in floating rate loans and other floating rate debt securities. It normally allocates at least 80% of its net assets to these instruments, which feature interest rates that adjust periodically based on benchmarks like LIBOR plus a premium, offering protection against rising interest rates. The fund primarily targets senior loans that hold a senior position in borrowers' capital structures, secured by collateral, and predominantly below-investment-grade securities across sectors such as healthcare equipment and services, media and entertainment, consumer services, capital goods, and materials. Managed by Victory Capital with portfolio managers Jonathan Sharkey and Timothy Cassidy since 2025, it maintains a diversified portfolio of approximately 175-193 holdings and manages around $384.7 million in assets as of late 2025. This index-agnostic, high-conviction strategy within the bank loan category emphasizes issuer credit quality, management, and industry outlook, positioning it as a key option for income-focused investors seeking floating rate exposure in the leveraged loan market.
Performance
RSFMX had a total return of 9.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
20.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Knight Health Holdings | n/a | 4.59% |
| Air Methods Corp | n/a | 3.02% |
| Invesco Senior Loan ETF | BKLN | 2.37% |
| State Street Blackstone Senior Loan ETF | SRLN | 2.34% |
| Lifepoint Health | n/a | 1.42% |
| Les Schwab Tire Centers | n/a | 1.34% |
| United States Treasury Bills 0% | B.0 04.21.26 | 1.31% |
| Fitness International | n/a | 1.29% |
| Core & Main Lp | n/a | 1.21% |
| Traverse Midstream Part | n/a | 1.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.04222 | Apr 1, 2026 |
| Feb 27, 2026 | $0.05604 | Mar 2, 2026 |
| Jan 30, 2026 | $0.05137 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04888 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0521 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05454 | Nov 3, 2025 |