# Victory High Yield Fund - Class Y (RSYYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rsyyx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Victory Capital · Asset class: Bond - Strategy: Actively Managed · Inception: 2009-05-12 The fund's primary goal is to generate current income, with capital appreciation as a secondary objective. It principally allocates its capital to various debt instruments, including high-yield corporate bonds and convertible bonds. These investments must carry a sub-investment grade rating from nationally recognized statistical ratings organizations at the point of acquisition. Should a security be unrated, Park Avenue Institutional Advisers LLC, the fund's sub-adviser, evaluates it to ensure it possesses comparable credit quality. Typically, a minimum of 80% of the fund's total assets are... ## Key Facts | Metric | Value | |---|---| | Price | $5.24 | | Expense Ratio | 0.78% | | Assets Under Management | $108.6M | | NAV | $5.24 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 7.18% | | Annual Distribution (TTM) | $0.38 /share | | Distribution Frequency | Monthly | | 52-Week Range | $4.94 – $5.56 | | Beta | 0.64 | ## Latest Distribution - Amount: $0.0298 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does RSYYX invest in? The fund's primary goal is to generate current income, with capital appreciation as a secondary objective. It principally allocates its capital to various debt instruments, including high-yield corporate bonds and convertible bonds. These investments must carry a sub-investment grade rating from nationally recognized statistical ratings organizations at the point of acquisition. Should a security be unrated, Park Avenue Institutional Advisers LLC, the fund's sub-adviser, evaluates it to ensure it possesses comparable credit quality. Typically, a minimum of 80% of the fund's total assets are dedicated to these non-investment grade debt securities and related holdings at the time of their purchase. ### What is the expense ratio of RSYYX? Victory High Yield Fund - Class Y (RSYYX) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations. ### What is RSYYX's dividend yield? RSYYX's trailing-twelve-month yield is 7.18%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of RSYYX? Effective duration measures RSYYX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RSYYX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of RSYYX? RSYYX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of RSYYX? Yield to maturity (YTM) is the total return you'd earn from RSYYX if every bond in the portfolio is held to maturity at the current price. RSYYX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does RSYYX pay a dividend? Yes, Victory High Yield Fund - Class Y (RSYYX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.18%. Full dividend history is on this page. ### How often does RSYYX pay dividends? Victory High Yield Fund - Class Y pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is RSYYX's next ex-dividend date? The most recently announced ex-dividend date for RSYYX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will RSYYX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.78% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RSYYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RSYYX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RSYYX cost more than a fund like VOO? RSYYX is actively managed (current expense ratio 0.78%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RSYYX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RSYYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RSYYX (0.78%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rsyyx - Distribution history: https://www.dividenddata.com/funds/rsyyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rsyyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rsyyx/expenses - Peer comparison: https://www.dividenddata.com/funds/rsyyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.