Voya Intermediate Bond Fund - Class A
- Offers broad exposure to a portfolio of investment-grade corporate, government, and mortgage bonds, which are investment-grade at the time of purchase
- Disciplined, value investment style from stable, experienced team
- Leverages proprietary qualitative analysis along with quantitative tools throughout the portfolio construction process
- Low expenses
The Fund seeks to maximize total return through income and capital appreciation.
Daily Prices as of 03/23/2017
|Net Asset Value (NAV)||$10.00|
|Public Offering Price (POP)||$10.26|
|Inception Date||Dec 15, 1998|
|Min. Initial Investment||$1,000.00|
Average Annual Total Returns %
|As of Feb 28, 2017 As of Dec 31, 2016||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Gross||Net 1, 2|
|Net Asset Value||+1.21||+3.44||+3.07||+3.42||+4.24||0.66%||0.66%|
|With Sales Charge||-1.36||+0.81||+2.18||+2.91||+3.98|
|Bloomberg Barclays U.S. Aggregate Bond Index||+0.87||+1.42||+2.64||+2.24||+4.28||—||—|
|Net Asset Value||+3.79||+3.79||+3.49||+3.67||+4.27||0.66%||0.66%|
|With Sales Charge||+1.23||+1.23||+2.62||+3.15||+4.01|
|Bloomberg Barclays U.S. Aggregate Bond Index||+2.65||+2.65||+3.03||+2.23||+4.34||—||—||—|
Inception Date - Class A: 12/15/98
* Return calculations with a starting date prior to July 31, 2006 are based on a 4.75% sales charge while returns with a starting date on or after July 31, 2006 are based on a 2.50% sales charge.
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, 2017. The Fund is operating under the contractual expense limits.
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. Aggregate Bond Index
The Barclays U.S. Aggregate Bond Index is a widely recognized, unmanaged index of publicly issued investment grade U.S. Government, mortgage-backed, asset-backed and corporate debt securities. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
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. 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. 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. As Interest Rates rise, bond prices fall, reducing the value of the Fund's share price. Other risks of the Fund include but are not limited to: Bank Instruments; Company; Credit; Credit Default Swaps; Currency; Floating Rate Loans; Interest in Loans; Interest Rate; Investment Models; Liquidity; Market; Market Capitalization; Municipal Securities; Other Investment Companies; Prepayment and Extension; Price Volatility; U.S. Government Securities and Obligations; Portfolio Turnover; 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.