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Voya Floating Rate A IFRAX

Medalist Rating as of | See Voya Investment Hub
  • NAV / 1-Day Return 8.33  /  +0.03 %
  • Total Assets 226.7 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 9.26%
  • Effective Duration

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0

Morningstar’s Analysis IFRAX

Will IFRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Voya Floating Rate A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings IFRAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 6.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl Liquid Reserves Prem

1.69 4.0 Mil
Cash and Equivalents

Peraton Corp. Term Loan B

0.73 1.7 Mil
Corporate

Medline Borrower, Lp Usd Term Loan B

0.68 1.6 Mil
Corporate

Hub International Limited 2024 Term Loan B

0.68 1.6 Mil
Corporate

Belron Finance Us Llc 2023 Usd Term Loan

0.67 1.6 Mil
Corporate

Citadel Securities Lp 2024 Term Loan B

0.66 1.6 Mil
Corporate

Ultimate Software Group Inc (The) 2021 Term Loan

0.63 1.5 Mil
Corporate

American Airlines, Inc. 2021 Term Loan

0.62 1.5 Mil
Corporate

Mks Instruments, Inc. 2023 Term Loan B

0.62 1.5 Mil
Corporate

Athenahealth, Inc. 2022 Term Loan B

0.61 1.5 Mil
Corporate