Voya Short Term Bond Fund - Class A
Class T shares of the Fund are not currently offered.
- Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowing for investment purposes) in a diversified portfolio of bonds or derivative instruments having economic characteristics similar to bonds
- The average dollar-weighted maturity of the Fund will not exceed 3 years
- The Fund invests in non-government issued debt securities, issued by companies of all sizes, rated investment grade, but may also invest up to 10% of its total assets in high yield securities rated B or better
- The Sub-Adviser employs a dynamic investment process that balances top-down macro-economic considerations and fundamental bottom-up analysis during the steps of its investment process - sector allocation, security selection, duration and yield curve management
The Fund seeks maximum total return.
Daily Prices as of 08/22/2017
|Net Asset Value (NAV)||$9.86|
|Public Offering Price (POP)||$10.11|
|Inception Date||Dec 19, 2012|
|Min. Initial Investment||$1,000.00|
Average Annual Total Returns %
|As of Jul 31, 2017 As of Jun 30, 2017||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Inception (12/19/12)||Gross||Net 1, 2|
|Net Asset Value||+1.18||+0.92||+1.15||—||—||+1.15||0.86%||0.81%|
|With Sales Charge||-1.33||-1.56||+0.29||—||—||+0.59|
|Bloomberg Barclays U.S. 1-3 Year Government/Credit Bond Index||+0.98||+0.59||+1.06||—||—||+0.95||—||—|
|Net Asset Value||+0.95||+0.83||+1.01||—||—||+1.12||0.96%||0.80%|
|With Sales Charge||-1.55||-1.65||+0.15||—||—||+0.55|
|Bloomberg Barclays U.S. 1-3 Year Government/Credit Bond Index||+0.72||+0.35||+0.95||—||—||+0.91||—||—|
Inception Date - Class A: 12/19/12
Current Maximum Sales Charge: 2.50%
1The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, investment-related costs, leverage expenses, and extraordinary expenses and may be subject to possible recoupment. Please see the Fund's prospectus for more information.
2The expense limits will continue through at least August 1, 2018. Expenses are being waived to the contractual cap.
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above “Average Annual Total Returns %” for performance information current to the most recent month-end. Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
Bloomberg Barclays U.S. 1-3 Year Government/Credit Bond Index
The Barclays 1-3 Year Government/Credit Index covers treasuries, agencies, publicly issued U.S. corporate and foreign debentures and secured notes that meet specified maturity, liquidity, and quality requirements. For comparison purposes, the index is fully invested, which includes the reinvestment of income. The returns for the index do not include any transaction costs, management fees or other costs. Investors cannot invest directly in an index.