RSFYX Fees and Costs — Victory Floating Rate Fund, Class Y
Data updated: 2026-08-26
The net expense ratio is 0.81% (0.99% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 33%.
RSFYX Fees and Expenses
Annual operating expenses and sales charges of RSFYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RSFYX Costs Over Time
On $10,000 invested in RSFYX, assuming 5% a year before costs, total costs come to $509 over 5 years, cutting the return by 0.85% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.81%) | $85 | $266 | $462 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $509 |
| Value after costs | $10,415 | $11,297 | $12,254 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
RSFYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.7B
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
RSFYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $606.8M | 25.33% |
| Mizuho Securities USA LLC | $347.3M | 14.50% |
| BofA Securities, Inc. | $280.9M | 11.73% |
| J.P. Morgan Securities LLC | $212.5M | 8.87% |
| Wells Fargo Securities, LLC | $206.4M | 8.61% |
| MUFG Securities Americas Inc. | $183.5M | 7.66% |
| Barclays Capital Inc. | $171.6M | 7.16% |
| Virtu Americas LLC | $143.0M | 5.97% |
| Fidelity Brokerage Services LLC | $126.0M | 5.26% |
| Truist Securities, Inc. | $117.4M | 4.90% |
Victory Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RSFYX | Class Y | 0.81% | none |
| RSFMX | Member Class | 0.88% | none |
| RSFLX | Class A | 1.03% | 2.25% |
| RSFCX | Class C | 1.83% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.