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Morningstar

Voya High Yield Bond I IHYIX

Morningstar Medalist Rating
Medalist Rating as of | See Voya Investment Hub
  • NAV / 1-Day Return 6.56  /  0.57 %
  • Total Assets 483.2 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 6.16%
  • Effective Duration 3.43 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 12:22 AM GMT+0

Morningstar’s Analysis IHYIX

Will IHYIX 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 IHYIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the IHYIX 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 IHYIX’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 IHYIX

More IHYIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 375
  • Other Holdings 11
  • % Assets in Top 10 Holdings 6.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Royal Caribbean Group 5.375%

0.83
4,092,624
Corporate

Sirius Xm Radio Inc 5%

0.75
3,683,410
Corporate

Ford Motor Credit Company LLC 4.125%

0.63
3,088,114
Corporate

Enlink Midstream LLC 5.375%

0.61
3,030,253
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%

0.58
2,881,215
Corporate

Ford Motor Credit Company LLC 2.7%

0.56
2,775,716
Corporate

Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25%

0.55
2,723,598
Corporate

Southwestern Energy Company 5.375%

0.54
2,673,601
Corporate

Virgin Media Vendor Financing Notes IV Designated Activity Company 5%

0.53
2,638,981
Corporate

Ford Motor Company 6.1%

0.53
2,634,964
Corporate