RSFKX — Victory Floating Rate Fund
Data updated: 2026-08-26
RSFKX — Victory Floating Rate Fund. Short Corporate Bond · $340.53M AUM · 1.57% expense ratio · 7.0% 1-yr return. Holdings, fees, performance and SEC filings.
RSFKX Fund Overview
RSFKX — Victory Floating Rate Fund is a US mutual fund managed by Victory Portfolios, categorised as Short Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Victory Portfolios
- Category: Short Corporate Bond
- Assets under management: $340.53M
- 1-year return: 7.0%
- Ticker: RSFKX
- SEC CIK: 0000802716
- SEC series ID: S000053575
- Share class ID: C000168386
RSFKX Investment Objective and Strategy
Victory Floating Rate Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Victory Portfolios.
Investment objective
The Victory Floating Rate Fund (the Fund) seeks to provide a high level of current income.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its assets in floating rate loans and other floating rate investments. The Funds Adviser expects that most or all of the investments held by the Fund typically will be below investment grade. The Fund typically invests in senior secured corporate loans. Floating rate investments are debt obligations of companies or other entities that have interest rates that adjust or float periodically, normally on a daily, monthly, quarterly, or semiannual basis by reference to a base lending rate (such as the Prime Rate or Secured Overnight Financing Rate, or another alternate reference rate) plus a premium. A floating rate loan typically is structured and administered by a financial institution that acts as the agent of the participating lenders.
The Fund typically will acquire loans directly in a transaction arranged through an agent or by assignment from another holder of the loan. The Adviser considers several factors in purchasing and selling investments for the Fund, such as fundamental analysis of the issuer, the credit quality of the issuer and any collateral securing the investment, the issuers management, capital structure, leverage, and operational performance, and the business outlook for the industry of the issuer. Floating rate investments include, without limitation, floating rate debt securities, money market securities of all types, repurchase agreements, and shares of money market funds. For this purpose, the Fund considers floating rate investments to include investments whose interest rates do not by their terms reset prior to maturity but have maturities of six months or less.
The Fund may invest up to 100% of its assets in obligations of foreign issuers, including sovereign and private issuers. The Fund may purchase second lien loans (secured loans with a claim on collateral subordinate to a senior lenders claim on such collateral), fixed rate loans, unsecured loans, and other debt obligations, such as corporate bonds, government securities, repurchase agreements, and mortgage and other asset-backed securities. The Adviser may sell investments when it believes that they no longer offer attractive potential future returns compared to other investment opportunities or that they present undesirable risks, or in an attempt to limit losses on investments that may decline or have declined in value. An investment will be considered to be below investment grade if it is rated Ba1 or lower by Moodys Investors Service, Inc.
and BB+ or lower by S&P Global Ratings, or if unrated, is considered by the Adviser to be of comparable quality. A below-investment-grade rating reflects a greater possibility that the issuer of an investment may be unable to make timely payments of interest and principal and thus default. If this happens, or is perceived as likely to happen, the value of that investment usually will be more volatile and is likely to fall. Senior loans typically are of below-investment-grade quality and (if rated) have below-investment-grade credit ratings, which ratings are associated with securities having high risk, speculative characteristics (sometimes referred to as junk). The Fund may enter into exchange-traded or over-the-counter derivatives transactions of any kind, such as futures contracts, options on futures, and swap contracts, including, for example, interest rate swaps and credit default swaps.
The Fund also may enter into exchange-traded or over-the-counter foreign currency exchange transactions, including currency futures, forward, and option transactions. The Fund may enter into any of these transactions for a variety of purposes, including, but not limited to, hedging various risks such as credit risk, interest rate risk, currency risk, and liquidity risk; taking a net long or short position in certain investments or markets; providing liquidity in the Fund; equitizing cash; minimizing transaction costs; generating income; adjusting the Funds sensitivity to interest rate risk, currency risk, or other risk; replicating certain direct investments; and asset and sector allocation.
RSFKX Holdings
Top 10 holdings of Victory Floating Rate Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Lifepoint Health, Inc. | 4.68% |
| State Street SPDR Blackstone Senior Loan ETF | 3.25% |
| Invesco Senior Loan ETF | 3.00% |
| Air Methods Corporation | 2.93% |
| United States of America | 1.51% |
| United States of America | 1.47% |
| Les Schwab Tire Centers | 1.35% |
| Traverse Midstream Partners LLC | 1.17% |
| Gainwell Acquisition Corp. | 1.15% |
| Cengage Learning, Inc. | 1.14% |
RSFKX Portfolio Allocation
Asset-class allocation of Victory Floating Rate Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 76.0% |
| Fixed Income | 9.7% |
| Other | 6.3% |
| Equity | 3.2% |
| Cash & Equivalents | 2.9% |
| Securitized | 0.8% |
RSFKX Performance
Total returns for RSFKX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.0% |
| 3 years (annualised) | 1.2% |
RSFKX Risk Information
Risk metrics for RSFKX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.0%
RSFKX Costs and Fees
RSFKX costs about $157 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.57%
- Gross expense ratio: 3.33%
- Portfolio turnover: 33%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
RSFKX Cashflows
Over the 12 months to 2026-06, Victory Floating Rate Fund had net outflows of $60.81M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $520.73K |
| 2026-05 | −$5.19M |
| 2026-04 | −$9.47M |
| 2026-03 | −$12.21M |
| 2026-02 | −$5.57M |
| 2026-01 | −$1.71M |
RSFKX Debt Constituents
Largest debt holdings of Victory Floating Rate Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 1.51% |
| United States of America | 1.47% |
| Uniti Services LLC | 0.53% |
| Clear Channel Outdoor Holdings, Inc. | 0.48% |
| Cqp Holdco LP | 0.46% |
| GGAM Finance Limited | 0.46% |
| Shift4 Payments, LLC | 0.44% |
| Cloud Software Group, Inc. | 0.43% |
| Stagwell Global LLC | 0.42% |
| Cco Holdings, LLC | 0.33% |
RSFKX Prospectus and SEC Filings
Official Victory Floating Rate Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus supplement (497) — filed 2024-05-03
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Short Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.