Morningstar

Voya Intermediate Bond A IIBAX

Morningstar Medalist Rating
Medalist Rating as of | See Voya Investment Hub
  • NAV / 1-Day Return 8.97  /  +0.01 %
  • Total Assets 9.3 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.12%
  • Effective Duration 5.84 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:21 AM GMT+0

Morningstar’s Analysis IIBAX

Will IIBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IIBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IIBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of IIBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A compelling offering despite team changes.

Senior Analyst Tom Murphy

Tom Murphy

Senior Analyst

Summary

Voya Intermediate Bond features strong sector teams and a disciplined approach. Despite an upcoming manager change, we reaffirm the strategy’s Above Average People and Process ratings.

by Tom Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IIBAX

More IIBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ultra US Treasury Bond Future Dec 24

4.98 462.4 Mil
Government

3 Month SOFR Future Sept 24

4.12 382.7 Mil
Government

United States Treasury Bonds 4.125%

3.61 334.9 Mil
Government

US Treasury Bond Future Dec 24

2.89 268.7 Mil
Government

10 Year Treasury Note Future Dec 24

2.44 226.9 Mil
Government

2 Year Treasury Note Future Dec 24

1.67 154.8 Mil
Government

United States Treasury Bonds 4.625%

1.35 125.7 Mil
Government

United States Treasury Notes 3.75%

1.17 108.3 Mil
Government

KEURIG DR PEPPER INC 0%

1.01 93.9 Mil
Cash and Equivalents

Federal National Mortgage Association 2.5%

0.99 92.1 Mil
Securitized

Sponsor Center