Victory Floating Rate Fund Class Y (RSFYX)
| Fund Assets | 353.30M |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 8.48% |
| Dividend Growth | -11.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.90 |
| YTD Return | 2.65% |
| 1-Year Return | 9.51% |
| 5-Year Return | 22.10% |
| 52-Week Low | 7.66 |
| 52-Week High | 7.97 |
| Beta (5Y) | n/a |
| Holdings | 196 |
| Inception Date | Dec 7, 2009 |
About RSFYX
Victory Floating Rate Fund Class Y is a mutual fund in the bank loan category designed to provide a high level of current income. It normally invests at least 80% of its assets in floating rate loans and other floating rate investments, which are senior debt obligations of companies with interest rates that adjust periodically based on a benchmark like LIBOR plus a premium. This structure offers low interest rate sensitivity, with an effective duration of 0.18 years, making it a potential hedge against rising rates while delivering attractive yields, such as a TTM yield around 9%. The fund targets the corporate sector, with top holdings including Knight Health Holdings, Sinclair Television Group, and Gates Corp, alongside some cash equivalents and senior loan ETFs, comprising about 17.4% of assets. As an institutional share class with a minimum investment of $1 million and an adjusted expense ratio of 0.78%, it suits qualified investors seeking income from leveraged loans with higher credit risk but reduced duration risk compared to traditional bonds. Managed since its inception in 2009, it emphasizes diversification and risk-adjusted performance in the floating rate loan market.
Performance
RSFYX had a total return of 9.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.54%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0427 | Apr 1, 2026 |
| Feb 27, 2026 | $0.05644 | Mar 2, 2026 |
| Jan 30, 2026 | $0.05182 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04942 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0526 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05501 | Nov 3, 2025 |