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Morningstar

Voya High Yield Bond A IHYAX

Morningstar Medalist Rating
Medalist Rating as of | See Voya Investment Hub
  • NAV / 1-Day Return 6.70  /  0.02 %
  • Total Assets 428.6 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.51%
  • Effective Duration 3.77 years

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 10:23 PM GMT+0

Morningstar’s Analysis IHYAX

Will IHYAX outperform in future?

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

Process Pillar

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

People Pillar

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

More team changes for this straightforward strategy.

Analyst Thomas Murphy

Thomas Murphy

Analyst

Summary

Despite abrupt leadership changes on Voya High Yield Bond, the strategy’s overall Morningstar Medalist Rating remains Neutral on its cheaper share classes and Negative on its more expensive ones.

by Thomas Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IHYAX

More IHYAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 398
  • Other Holdings 10
  • % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dollar General Corporation 0%

0.70
2,989,614
Cash and Equivalents

Royal Caribbean Group 5.375%

0.69
2,955,165
Corporate

American Electric Power Inc 0%

0.65
2,794,450
Cash and Equivalents

T-Mobile US Inc 7.125%

0.62
2,670,336
Corporate

Sirius Xm Radio Inc 5%

0.61
2,624,748
Corporate

Ford Motor Credit Company LLC 4.125%

0.60
2,572,679
Corporate

AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%

0.59
2,521,674
Corporate

Mondelez International, Inc. 0%

0.58
2,494,019
Cash and Equivalents

Enlink Midstream LLC 5.375%

0.55
2,372,939
Corporate

Univision Commmunications Inc. 6.625%

0.55
2,338,104
Corporate