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 8.18 / +0.10 %
- Total Assets 225.9 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 Low/Extensive
- Min. Initial Investment —
- Status Open
- TTM Yield 9.08%
- Effective Duration 39.90 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:48 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 6.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Peraton 02/22/2028 | 0.72 | 1.7 Mil | Corporate |
Assuredpartner 02/14/2031 | 0.70 | 1.7 Mil | Corporate |
Hub International Ltd | 0.68 | 1.6 Mil | Corporate |
Ultimate Krono 01/31/2031 | 0.63 | 1.5 Mil | Corporate |
Great Outdoors 03/05/2028 | 0.62 | 1.5 Mil | Corporate |
Medline Borrow 10/23/2028 | 0.62 | 1.5 Mil | Corporate |
Athenahealth, 02/01/2029 | 0.61 | 1.5 Mil | Corporate |
Restaurant Brands | 0.60 | 1.4 Mil | Corporate |
Usi Inc 09/07/2030 | 0.60 | 1.4 Mil | Corporate |
Gates Global L 05/31/2031 | 0.59 | 1.4 Mil | Corporate |