Victory Floating Rate Fund (RSFYX)
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.
Fund Info
| ISIN | US92647K5496 |
|---|---|
| CUSIP | 92647K549 |
| Issuer | Victory Capital |
| Inception Date | Dec 30, 2009 |
| Category | Bank Loan |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
RSFYX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Victory Floating Rate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Victory Floating Rate Fund had a return of 5.17% year-to-date (YTD) and 8.84% in the last 12 months. Over the past 10 years, Victory Floating Rate Fund had an annualized return of 3.70%, while the S&P 500 had an annualized return of 10.85%, indicating that Victory Floating Rate Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.17% | 17.79% |
| 1 month | 1.65% | 0.18% |
| 6 months | 2.86% | 7.53% |
| 1 year | 8.84% | 26.42% |
| 5 years (annualized) | 3.81% | 13.48% |
| 10 years (annualized) | 3.70% | 10.85% |
Monthly Returns
The table below presents the monthly returns of RSFYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.21% | 0.66% | 1.02% | -0.41% | 0.73% | 0.10% | 0.62% | 0.52% | 5.17% | ||||
| 2023 | 3.27% | 0.83% | -0.85% | 0.18% | -1.11% | 1.70% | 1.69% | 0.66% | -0.40% | -1.11% | 2.02% | 2.24% | 9.37% |
| 2022 | 0.00% | -0.75% | -0.41% | -0.75% | -3.28% | -3.12% | 1.95% | 1.61% | -2.92% | 0.56% | 0.64% | -0.36% | -6.78% |
| 2021 | 1.13% | 0.45% | 0.05% | 0.46% | 0.54% | 0.43% | -0.08% | 0.43% | 0.42% | -0.17% | -0.43% | 0.83% | 4.14% |
| 2020 | 0.61% | -1.45% | -13.95% | 4.06% | 4.67% | 1.90% | 2.48% | 2.49% | 0.79% | 0.25% | 2.77% | 1.64% | 4.96% |
| 2019 | 2.51% | 1.66% | -0.22% | 2.01% | -0.31% | 0.20% | 0.84% | -0.24% | 0.41% | -0.54% | 0.92% | 2.13% | 9.68% |
| 2018 | 0.98% | 0.09% | 0.17% | 0.57% | 0.06% | 0.14% | 0.79% | 0.47% | 0.71% | -0.13% | -0.79% | -2.37% | 0.67% |
| 2017 | 0.39% | 0.36% | 0.16% | 0.53% | 0.27% | -0.17% | 0.92% | -0.41% | 0.64% | 0.68% | 0.14% | 0.47% | 4.03% |
| 2016 | -1.01% | -0.19% | 4.00% | 2.04% | 1.11% | 0.33% | 2.06% | 1.14% | 0.78% | 0.49% | 0.36% | 1.03% | 12.74% |
| 2015 | 0.30% | 2.01% | 0.19% | 0.79% | 0.00% | -0.91% | 0.10% | -1.01% | -1.75% | 0.77% | -1.88% | -1.45% | -2.87% |
| 2014 | 0.55% | 0.34% | 0.25% | 0.07% | 0.45% | 0.54% | -0.22% | 0.26% | -0.84% | 0.18% | -0.01% | -2.28% | -0.74% |
| 2013 | 1.01% | 0.23% | 0.85% | 0.65% | -0.12% | -0.80% | 1.27% | -0.20% | 0.27% | 1.05% | 0.47% | 0.58% | 5.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RSFYX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Victory Floating Rate Fund (RSFYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Victory Floating Rate Fund granted a 9.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.75 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.75 | $0.81 | $0.51 | $0.39 | $0.51 | $0.57 | $0.54 | $0.49 | $0.49 | $0.49 | $0.44 | $0.47 |
Dividend yield | 9.32% | 9.95% | 6.27% | 4.18% | 5.47% | 6.07% | 5.91% | 5.10% | 4.99% | 5.34% | 4.49% | 4.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Victory Floating Rate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.07 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.48 | |||
| 2023 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.81 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.51 |
| 2021 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
| 2020 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2019 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.57 |
| 2018 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.54 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.49 |
| 2016 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.49 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Victory Floating Rate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Victory Floating Rate Fund was 21.42%, occurring on Mar 24, 2020. Recovery took 157 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.42% | Feb 24, 2020 | 22 | Mar 24, 2020 | 157 | Nov 4, 2020 | 179 |
| -8.9% | May 12, 2015 | 191 | Feb 11, 2016 | 101 | Jul 7, 2016 | 292 |
| -8.81% | Jan 14, 2022 | 118 | Jul 6, 2022 | 364 | Dec 14, 2023 | 482 |
| -6.3% | Jun 3, 2011 | 60 | Aug 26, 2011 | 105 | Jan 27, 2012 | 165 |
| -4.51% | Sep 4, 2014 | 73 | Dec 16, 2014 | 92 | Apr 30, 2015 | 165 |
Volatility
Volatility Chart
The current Victory Floating Rate Fund volatility is 0.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.