FLRCX – Victory Pioneer Floating Rate C Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans and other floating rate investments. Floating rate investments are securities and other instruments with interest rates that adjust or "float" periodically based on a specified interest rate or other reference and include senior secured floating rate loans, repurchase agreements, money market securities and shares of money market and short term bond funds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FLYRX	Victory Pioneer Floating Rate Fund Class Y	Institutional	Open			Feb 14, 2007	$151.41M	0.780%	Above Average	$1M	−$39.15M
FLARX	Victory Pioneer Floating Rate Fund Class A	Front Load	Open			Feb 14, 2007	$45.12M	1.080%	High	$2,500	−$12.19M
FLRCX	Victory Pioneer Floating Rate Fund Class C	Level Load	Open			Feb 14, 2007	$8.62M	1.850%	High	$2,500	−$2.18M

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