IASAX – Fund Analysis – VY® American Century Sm-Mid Cp Val A | Morningstar

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Will IASAX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IASAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

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

A decent small-mid value strategy.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Voya American Century Small-Mid Cap Value’s solid combination of complementary subadvisors makes it a good choice, depending on fees. Changes to Morningstar Medalist Ratings here come from an enhancement in how Morningstar calculates alpha opportunities rather than from changes to pillar ratings.

by Drew Carter

Rated on Apr 27, 2026 Published on Apr 27, 2026

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