Class A: IHYAX
Class C: IMYCX
Class I: IHYIX
Class R: IRSTX
Class R6: VHYRX
Class W: IHYWX
High Income and Total Return Potential Through Comprehensive Research and Broad Diversification
Voya High Yield Bond Fund
High yield bonds have better performance than other fixed income asset classes and less volatility than equities. We seek to deliver consistent outperformance through active management emphasizing credit selection and prudent diversification.
Morningstar Overall Rating
Class I as of 12/31/16
Out of 602 Funds
Category: High Yield Bond
For more information call 1 (800) 334-3444
The Voya High Yield Bond Fund Offers
Less Historic Risk than Equities, Higher Return than Fixed Income
Source: Ibbotson, Voya Investment Management, as of 12/31/16
This chart is for illustrative purposes only. Past performance does not guarantee future results. Indices are managed and not available for direct investment. High yielding fixed income securities generally are subject to greater market fluctuations and risk of loss of income and principal than are investments in lower yielding fixed income securities. Investors cannot invest directly in an index.
The Voya Difference
An Attractive Risk/Return Profile
With income, total return and volatility suitable for core holding in a diversified portfolio.
Can Perform Well in a Growing Economy
Stronger economic momentum is generally beneficial to issuers of high yield bonds.
Voya High Yield Seeks Consistent Results
We focus on risk-adjusted returns through fundamental research and diversification of return drivers and risks.
Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. High-Yield Securities, or “junk bonds”, are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities. The Fund may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Risks of foreign investing are generally intensified in Emerging Markets. As Interest Rates rise, bond prices may fall, reducing the value of the Fund’s share price. Debt Securities with longer durations tend to be more sensitive to interest rate changes. Other risks of the Fund include but are not limited to: Credit Risks; Other Investment Companies Risks; Price Volatility Risks;Inability to Sell Securities Risks; and Securities Lending Risks. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks..
The Overall Morningstar risk-adjusted return rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Morningstar Ratings are for the A and I share classes only; other classes may have different performance characteristics.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)
Investors should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund’s prospectus, which contains this and other information, visit us at voyainvestments.com or call Voya Investments Distributor, LLC at (800) 992-0180. Please read the prospectus carefully before investing. Past performance is not indicative of future results.