Victory Floating Rate Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
8.4%
3 Yr Avg Return
1.2%
5 Yr Avg Return
2.8%
Net Assets
$775 M
Holdings in Top 10
15.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.88%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RSFCX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 3.09%
- Dividend Yield 8.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVictory Floating Rate Fund
-
Fund Family NameVictory
-
Inception DateAug 02, 2016
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Blaney
Fund Description
RSFCX - Performance
Return Ranking - Trailing
Period | RSFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -0.8% | 5.5% | 23.86% |
1 Yr | 8.4% | -5.7% | 33.5% | 92.42% |
3 Yr | 1.2%* | -5.5% | 9.2% | 92.40% |
5 Yr | 2.8%* | -6.6% | 37.5% | 84.26% |
10 Yr | N/A* | -1.9% | 19.3% | 83.65% |
* Annualized
Return Ranking - Calendar
Period | RSFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.9% | -12.0% | 17.3% | 98.11% |
2022 | -12.2% | -22.9% | 5.1% | 91.44% |
2021 | -0.1% | -12.2% | 12.0% | 94.42% |
2020 | -0.8% | -14.1% | 289.8% | 10.83% |
2019 | 3.1% | -8.1% | 14.6% | 44.83% |
Total Return Ranking - Trailing
Period | RSFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -0.8% | 5.5% | 23.86% |
1 Yr | 8.4% | -5.7% | 33.5% | 92.42% |
3 Yr | 1.2%* | -5.5% | 9.2% | 92.40% |
5 Yr | 2.8%* | -6.6% | 37.5% | 84.26% |
10 Yr | N/A* | -1.9% | 19.3% | 80.38% |
* Annualized
Total Return Ranking - Calendar
Period | RSFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -12.0% | 30.3% | 92.05% |
2022 | -7.5% | -22.9% | 5.1% | 91.83% |
2021 | 3.4% | -10.2% | 19.4% | 83.67% |
2020 | 4.4% | -14.1% | 306.9% | 6.25% |
2019 | 9.0% | -3.6% | 23.8% | 18.53% |
NAV & Total Return History
RSFCX - Holdings
Concentration Analysis
RSFCX | Category Low | Category High | RSFCX % Rank | |
---|---|---|---|---|
Net Assets | 775 M | 35.9 M | 11.9 B | 42.75% |
Number of Holdings | 171 | 2 | 1605 | 84.98% |
Net Assets in Top 10 | 115 M | -191 M | 2.38 B | 41.76% |
Weighting of Top 10 | 15.40% | 5.2% | 100.8% | 45.96% |
Top 10 Holdings
- CUMULUS MEDIA NEW HOLDINGS INC 1.75%
- TRAVERSE MIDSTREAM PARTNERS LLC 1.67%
- BALLY S CORP 1.67%
- HERTZ CORP THE 1.64%
- CLOUD SOFTWARE GROUP INC 1.58%
- SINCLAIR TELEVISION GROUP INC 1.50%
- WESTJET AIRLINES LTD 1.48%
- AADVANTAGE LOYALTY IP LTD 1.45%
- CAESARS ENTERTAINMENT INC 1.34%
- DELEK US HOLDINGS INC 1.32%
Asset Allocation
Weighting | Return Low | Return High | RSFCX % Rank | |
---|---|---|---|---|
Bonds | 96.96% | 0.00% | 161.82% | 25.64% |
Cash | 2.84% | -61.90% | 18.85% | 64.47% |
Stocks | 0.20% | 0.00% | 100.76% | 76.92% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 89.38% |
Other | 0.00% | -52.39% | 26.58% | 82.42% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 85.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RSFCX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 100.00% | N/A |
Real Estate | 0.00% | 0.00% | 48.61% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 100.00% | N/A |
Financial Services | 0.00% | 0.00% | 89.61% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 100.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | N/A |
Basic Materials | 0.00% | 0.00% | 1.36% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RSFCX % Rank | |
---|---|---|---|---|
US | 0.20% | -0.01% | 100.76% | 74.73% |
Non US | 0.00% | 0.00% | 0.68% | 84.62% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RSFCX % Rank | |
---|---|---|---|---|
Corporate | 99.80% | 0.00% | 141.23% | 1.48% |
Derivative | 0.00% | -8.79% | 1.12% | 78.02% |
Cash & Equivalents | 0.00% | 0.00% | 25.03% | 96.70% |
Securitized | 0.00% | 0.00% | 91.68% | 87.45% |
Municipal | 0.00% | 0.00% | 0.47% | 83.03% |
Government | 0.00% | 0.00% | 3.18% | 82.29% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RSFCX % Rank | |
---|---|---|---|---|
US | 96.96% | 0.00% | 144.71% | 17.22% |
Non US | 0.00% | 0.00% | 63.23% | 90.11% |
RSFCX - Expenses
Operational Fees
RSFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.88% | 0.03% | 12.26% | 24.73% |
Management Fee | 0.65% | 0.00% | 1.89% | 67.50% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 97.10% |
Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
RSFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | 95.31% |
Deferred Load | 1.00% | 1.00% | 1.00% | 82.93% |
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 | 35.00% | 4.00% | 180.00% | 19.77% |
RSFCX - Distributions
Dividend Yield Analysis
RSFCX | Category Low | Category High | RSFCX % Rank | |
---|---|---|---|---|
Dividend Yield | 8.27% | 0.00% | 11.56% | 27.76% |
Dividend Distribution Analysis
RSFCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
RSFCX | Category Low | Category High | RSFCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.09% | 1.77% | 9.82% | 77.61% |
Capital Gain Distribution Analysis
RSFCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.056 | OrdinaryDividend |
Feb 01, 2024 | $0.060 | OrdinaryDividend |
Jan 02, 2024 | $0.061 | OrdinaryDividend |
Dec 01, 2023 | $0.062 | OrdinaryDividend |
Nov 01, 2023 | $0.063 | OrdinaryDividend |
Oct 02, 2023 | $0.060 | OrdinaryDividend |
Sep 01, 2023 | $0.066 | OrdinaryDividend |
Aug 01, 2023 | $0.060 | OrdinaryDividend |
Jul 03, 2023 | $0.059 | OrdinaryDividend |
Jun 01, 2023 | $0.061 | OrdinaryDividend |
May 01, 2023 | $0.057 | OrdinaryDividend |
Apr 03, 2023 | $0.061 | OrdinaryDividend |
Mar 01, 2023 | $0.052 | OrdinaryDividend |
Feb 01, 2023 | $0.060 | OrdinaryDividend |
Jan 03, 2023 | $0.053 | DailyAccrualFund |
Dec 01, 2022 | $0.056 | DailyAccrualFund |
Nov 01, 2022 | $0.048 | DailyAccrualFund |
Oct 03, 2022 | $0.042 | DailyAccrualFund |
Sep 01, 2022 | $0.039 | DailyAccrualFund |
Aug 01, 2022 | $0.033 | DailyAccrualFund |
Jul 01, 2022 | $0.031 | DailyAccrualFund |
Jun 01, 2022 | $0.026 | DailyAccrualFund |
May 02, 2022 | $0.024 | DailyAccrualFund |
Apr 01, 2022 | $0.024 | DailyAccrualFund |
Mar 01, 2022 | $0.023 | DailyAccrualFund |
Feb 01, 2022 | $0.022 | DailyAccrualFund |
Jan 03, 2022 | $0.028 | DailyAccrualFund |
Dec 01, 2021 | $0.022 | DailyAccrualFund |
Nov 01, 2021 | $0.025 | DailyAccrualFund |
Oct 01, 2021 | $0.022 | DailyAccrualFund |
Sep 01, 2021 | $0.022 | DailyAccrualFund |
Aug 02, 2021 | $0.024 | DailyAccrualFund |
Jul 01, 2021 | $0.022 | DailyAccrualFund |
Jun 01, 2021 | $0.023 | DailyAccrualFund |
May 03, 2021 | $0.024 | DailyAccrualFund |
Apr 01, 2021 | $0.026 | DailyAccrualFund |
Mar 01, 2021 | $0.025 | DailyAccrualFund |
Feb 01, 2021 | $0.028 | DailyAccrualFund |
Jan 04, 2021 | $0.033 | DailyAccrualFund |
Dec 01, 2020 | $0.032 | DailyAccrualFund |
Nov 02, 2020 | $0.034 | DailyAccrualFund |
Oct 01, 2020 | $0.033 | DailyAccrualFund |
Sep 01, 2020 | $0.032 | DailyAccrualFund |
Aug 03, 2020 | $0.037 | DailyAccrualFund |
Jul 01, 2020 | $0.035 | DailyAccrualFund |
Jun 01, 2020 | $0.035 | DailyAccrualFund |
May 01, 2020 | $0.035 | DailyAccrualFund |
Apr 01, 2020 | $0.040 | DailyAccrualFund |
Mar 02, 2020 | $0.035 | DailyAccrualFund |
Feb 03, 2020 | $0.039 | DailyAccrualFund |
Dec 31, 2019 | $0.039 | DailyAccrualFund |
Nov 29, 2019 | $0.037 | DailyAccrualFund |
Oct 31, 2019 | $0.041 | DailyAccrualFund |
Sep 30, 2019 | $0.040 | DailyAccrualFund |
Aug 30, 2019 | $0.039 | DailyAccrualFund |
Jul 31, 2019 | $0.046 | DailyAccrualFund |
Jun 28, 2019 | $0.041 | DailyAccrualFund |
May 31, 2019 | $0.042 | DailyAccrualFund |
Apr 30, 2019 | $0.040 | DailyAccrualFund |
Mar 29, 2019 | $0.041 | DailyAccrualFund |
Feb 28, 2019 | $0.037 | DailyAccrualFund |
Jan 31, 2019 | $0.041 | DailyAccrualFund |
Dec 31, 2018 | $0.039 | DailyAccrualFund |
Nov 30, 2018 | $0.037 | DailyAccrualFund |
Oct 31, 2018 | $0.040 | DailyAccrualFund |
Aug 31, 2018 | $0.036 | DailyAccrualFund |
Jul 31, 2018 | $0.037 | DailyAccrualFund |
Jun 29, 2018 | $0.035 | DailyAccrualFund |
May 31, 2018 | $0.038 | DailyAccrualFund |
Apr 30, 2018 | $0.037 | DailyAccrualFund |
Mar 29, 2018 | $0.038 | DailyAccrualFund |
Feb 28, 2018 | $0.031 | DailyAccrualFund |
Jan 31, 2018 | $0.036 | DailyAccrualFund |
Dec 29, 2017 | $0.037 | DailyAccrualFund |
Nov 30, 2017 | $0.035 | DailyAccrualFund |
Oct 31, 2017 | $0.037 | DailyAccrualFund |
Sep 29, 2017 | $0.033 | DailyAccrualFund |
Aug 31, 2017 | $0.031 | DailyAccrualFund |
Jul 31, 2017 | $0.029 | DailyAccrualFund |
Jun 30, 2017 | $0.035 | DailyAccrualFund |
May 31, 2017 | $0.037 | DailyAccrualFund |
Apr 28, 2017 | $0.034 | DailyAccrualFund |
Mar 31, 2017 | $0.026 | DailyAccrualFund |
Feb 28, 2017 | $0.027 | DailyAccrualFund |
Jan 31, 2017 | $0.029 | DailyAccrualFund |
Dec 30, 2016 | $0.030 | DailyAccrualFund |
Nov 30, 2016 | $0.027 | DailyAccrualFund |
Oct 31, 2016 | $0.029 | DailyAccrualFund |
Sep 30, 2016 | $0.026 | DailyAccrualFund |
Aug 31, 2016 | $0.031 | DailyAccrualFund |
RSFCX - Fund Manager Analysis
Managers
John Blaney
Start Date
Tenure
Tenure Rank
May 01, 2013
9.09
9.1%
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
1.21
1.2%
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 | 21.18 | 6.0 | 3.25 |