Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Voya Floating Rate R IFRRX
- NAV / 1-Day Return 8.25 / −0.09 %
- Total Assets 227.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.290%
- Distribution Fee Level Above Average
- Share Class Type Retirement, Medium
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 9.03%
- Effective Duration 0.11 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 11:49 PM GMT+0
Morningstar’s Analysis IFRRX
Will IFRRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Yak Access Llc Preferred Series B1 | 1.08 | 2.5 Mil | Corporate |
Peraton Corp. Term Loan B | 0.74 | 1.7 Mil | Corporate |
Ukg Inc. 2024 Term Loan B | 0.74 | 1.7 Mil | Corporate |
Hub International Limited 2024 Term Loan B | 0.70 | 1.6 Mil | Corporate |
Great Outdoors Group, Llc 2021 Term Loan B1 | 0.64 | 1.5 Mil | Corporate |
American Airlines, Inc. 2021 Term Loan | 0.64 | 1.5 Mil | Corporate |
Medline Borrower, Lp Usd Term Loan B | 0.64 | 1.5 Mil | Corporate |
Mks Instruments, Inc. 2023 Term Loan B | 0.63 | 1.5 Mil | Corporate |
Athenahealth, Inc. 2022 Term Loan B | 0.63 | 1.4 Mil | Corporate |
Usi, Inc. 2023 Acquisition Term Loan | 0.62 | 1.4 Mil | Corporate |