RSFCX: Victory Floating Rate Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.41

-

3.48%

$0.27

1.80%

Vitals

YTD Return

0.7%

1 yr return

8.1%

3 Yr Avg Return

4.0%

5 Yr Avg Return

4.0%

Net Assets

$1.94 B

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$9.40
$9.02
$9.45

Expenses

OPERATING FEES

Expense Ratio 1.80%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 54.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Bank Loan


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.41

-

3.48%

$0.27

1.80%

RSFCX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 4.81%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Victory Floating Rate Fund
  • Fund Family Name
    Victory
  • Inception Date
    Dec 31, 2009
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Blaney

Fund Description

The fund normally invests at least 80% of its assets in floating rate loans and other floating rate investments. Park Avenue Institutional Advisers LLC, the fund's sub-adviser, expects that most or all of the investments held by the fund will typically be below investment grade. It may invest up to 100% of its assets in obligations of foreign issuers, including sovereign and private issuers. The fund may enter into foreign currency exchange transactions in order to hedge against adverse changes in the values of currencies in which those obligations are denominated.


RSFCX - Performance

Return Ranking - Trailing

Period RSFCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -2.6% 11.8% 85.40%
1 Yr 8.1% 0.8% 42.1% 50.47%
3 Yr 4.0%* -1.0% 5.9% 16.43%
5 Yr 4.0%* 1.1% 7.5% 38.08%
10 Yr 3.9%* 2.2% 7.5% 62.96%

* Annualized

Return Ranking - Calendar

Period RSFCX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.8% -16.5% 289.8% 10.73%
2019 3.1% -8.1% 7.5% 43.17%
2018 -4.9% -12.2% 5.5% 54.65%
2017 -1.1% -4.2% 3.7% 81.62%
2016 N/A -65.0% 12.9% N/A

Total Return Ranking - Trailing

Period RSFCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -2.6% 11.8% 85.40%
1 Yr 7.1% 0.4% 42.1% 58.81%
3 Yr 4.0%* -1.3% 10.0% 20.06%
5 Yr 4.0%* 1.1% 7.6% 41.47%
10 Yr 3.9%* 2.2% 7.5% 60.71%

* Annualized

Total Return Ranking - Calendar

Period RSFCX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.8% -16.5% 289.8% 10.73%
2019 3.1% -8.1% 7.5% 44.65%
2018 -4.9% -12.2% 5.5% 63.18%
2017 -1.1% -4.2% 7.2% 83.76%
2016 N/A -65.0% 12.9% N/A

NAV & Total Return History


RSFCX - Holdings

Concentration Analysis

RSFCX Category Low Category High RSFCX % Rank
Net Assets 1.94 B 10 M 9.84 B 31.99%
Number of Holdings 210 12 1358 72.75%
Net Assets in Top 10 212 M -171 M 2.33 B 32.04%
Weighting of Top 10 12.46% 4.9% 95.4% 63.66%

Top 10 Holdings

  1. Delta Air Lines 1.65%
  2. Delta Air Lines 1.65%
  3. Delta Air Lines 1.65%
  4. Delta Air Lines 1.65%
  5. Delta Air Lines 1.65%
  6. Delta Air Lines 1.65%
  7. Delta Air Lines 1.65%
  8. Delta Air Lines 1.65%
  9. Delta Air Lines 1.65%
  10. Delta Air Lines 1.65%

Asset Allocation

Weighting Return Low Return High RSFCX % Rank
Bonds
100.00% 41.18% 149.51% 10.18%
Stocks
0.00% 0.00% 15.31% 96.11%
Preferred Stocks
0.00% 0.00% 29.39% 84.43%
Other
0.00% -54.12% 12.76% 70.96%
Convertible Bonds
0.00% 0.00% 3.77% 88.32%
Cash
0.00% -49.60% 55.70% 95.81%

Bond Sector Breakdown

Weighting Return Low Return High RSFCX % Rank
Corporate
100.00% 0.00% 100.00% 3.00%
Derivative
0.00% 0.00% 9.59% 75.08%
Cash & Equivalents
0.00% 0.00% 58.10% 98.50%
Securitized
0.00% 0.00% 100.00% 86.79%
Municipal
0.00% 0.00% 0.68% 78.08%
Government
0.00% 0.00% 5.94% 73.87%

Bond Geographic Breakdown

Weighting Return Low Return High RSFCX % Rank
US
90.69% 3.17% 128.54% 10.48%
Non US
9.31% 0.00% 115.41% 77.84%

RSFCX - Expenses

Operational Fees

RSFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.80% 0.02% 7.50% 30.67%
Management Fee 0.65% 0.00% 2.40% 65.29%
12b-1 Fee 1.00% 0.00% 1.00% 91.78%
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

RSFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% 95.31%
Deferred Load 1.00% 1.00% 3.00% 85.06%

Trading Fees

RSFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RSFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 8.00% 215.00% 46.10%

RSFCX - Distributions

Dividend Yield Analysis

RSFCX Category Low Category High RSFCX % Rank
Dividend Yield 3.48% 0.00% 5.29% 76.63%

Dividend Distribution Analysis

RSFCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

RSFCX Category Low Category High RSFCX % Rank
Net Income Ratio 4.81% 1.77% 10.93% 21.53%

Capital Gain Distribution Analysis

RSFCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually

Dividend Payout History

View More +

RSFCX - Fund Manager Analysis

Managers

John Blaney


Start Date

Tenure

Tenure Rank

May 01, 2013

8.34

8.3%

John Blaney joined Guardian in 2000 and is a co-manager of the Victory Floating Rate Fund and Victory High Yield Fund. John also co-manages the high yield bond and leveraged loan portfolios in the Guardian general account. During his tenure as senior credit analyst at Guardian, John covered nearly every high yield sector. Prior to joining Guardian, John was an investment analyst at MetLife. He has over 20 years of investment experience. John holds a B.S. in finance from Trenton State College and an MBA from Seton Hall University. He has a Chartered Financial Analyst (CFA) designation and is a

Andrew Liggio


Start Date

Tenure

Tenure Rank

Mar 15, 2021

0.46

0.5%

Andrew Liggio has co-managed the Victory Floating Rate Fund since March 2021. He is a managing director and head of the high yield and bank loan portfolio management group at Guardian Life. Before joining Guardian Life in 2016, he was a partner and analyst at Castle Hill Asset Management. He began his career as an auditor at Arthur Andersen and a credit assistant at The Bank of New York. Mr. Liggio holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and the New York Society of Security Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 22.85 5.9 2.5