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Morningstar

Voya Balanced Income A IIFAX

Morningstar Medalist Rating
Medalist Rating as of | See Voya Investment Hub
  • NAV / 1-Day Return 9.23  /  +0.44 %
  • Total Assets 224.5 Mil
  • Adj. Expense Ratio
    1.210%
  • Expense Ratio 1.210%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.35%
  • Turnover 142%

USD | NAV as of Jul 06, 2024 | 1-Day Return as of Jul 06, 2024, 12:19 AM GMT+0

Morningstar’s Analysis IIFAX

Will IIFAX 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 IIFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IIFAX 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 IIFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Voya Balanced Income A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IIFAX

More IIFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 65.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 24

45.11 80.7 Mil
Government

5 Year Treasury Note Future Sept 24

20.00 35.8 Mil
Government

10 Year Treasury Note Future Sept 24

3.41 6.1 Mil
Government

Voya VACS Series Hyb

1.79 3.2 Mil
—

Bank of America Corp. 3.384%

1.31 2.3 Mil
Corporate

United States Treasury Notes 4.5%

1.23 2.2 Mil
Government

Federal National Mortgage Association 4.5%

1.22 2.2 Mil
Securitized

United States Treasury Notes 4.5%

1.09 1.9 Mil
Government

Voya VACS Series Emhcd

1.07 1.9 Mil
—

JPMorgan Chase & Co. 2.083%

0.91 1.6 Mil
Corporate