Class A: ISIAX
Class C: ISICX
Class I: IISIX
Class R: ISIRX
Class R6: VSIRX
Class W: ISIWX
A resilient and dynamic bond fund that seeks to achieve an attractive total return over a complete market cycle.
Morningstar Overall Rating
Class I as of 6/30/17
Out of 259 Funds
Category: Nontraditional Bond
For more information call 1 (800) 334-3444
Source: Voya Investment Management
The chart shows the fund’s sector allocations and duration positioning over time. Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates and is expressed as a number of years. All indexes are unmanaged and an individual cannot invest directly in an index.
A nimble and diversified investment strategy that invests in a wide range of debt securities without benchmark limitations.
Utilizes balanced and broad sources of return to help capitalize on opportunity and mitigate downside risk across varying market conditions
Attractive historical returns relative to peers on both an absolute and risk-adjusted basis.
Past performance does not guarantee future results. 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.) Class A Load Waived: 3 Yrs. 5 Stars (19/270 absolute ranking vs. no. of funds); 5 Yrs. - Stars (-); 10 Yrs. - Stars (-). Class I: 3 Yrs. 5 Stars (12/270); 5 Yrs. - Stars (-); 10 Yrs. - Stars (-).
Rankings for other shares classes may be lower due to inclusion of fees in performance rankings. Load waived shares are typically only available through advisory accounts and may not be available to all investors.
The Overall Morningstar 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.
Diversification does not guarantee a profit or ensure against market loss.
Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Emerging Market securities may be especially volatile. 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. The Fund is subject to both Credit and Interest Rate Risk. The Fund's share price and yield will be affected by interest rate movements, with bond prices generally moving in the opposite direction from interest rates. Credit Risk refers to the bond issuers and senior loan issuers ability to make timely payments of principal and interest. 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. To the extent that the Fund invests in Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. Other risks of the Fund include but are not limited to: Borrowing/Leverage Risks; Debt Securities Risk; Non-Diversification Risks; Other Investment Companies Risks; Price Volatility Risks; Inability to Sell Securities Risks; Securities Lending Risks; and Portfolio Turnover Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.
The Bank of America Merrill Lynch U.S. Dollar Three-Month LIBOR Constant Maturity Index is designed to track the performance of a synthetic asset paying LIBOR to a stated maturity. The index is based on the assumed purchase at par of a synthetic instrument having exactly its stated maturity and with a coupon equal to that day’s fixing rate. That issue is assumed to be sold the following business day (priced at a yield equal to the current day rate) and rolled into a new instrument. Investors cannot directly invest in an index. BofA Merrill Lynch® indices used with permission, are provided “AS IS”, without warranties, and with no liability. BofAML does not sponsor, endorse, review, or recommend Voya or its products or services.