Victory Floating Rate Fund’s returns look attractive, which partly reflects its aggressive credit profile. Its team, while experienced, is relatively small, though, and saw a departure of two of three managers in early 2021. The strategy’s cheapest share classes thus earn a Morningstar Analyst Rating of Neutral, while its more expensive ones earn that of Negative.
Will RSFCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RSFCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RSFCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RSFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.