Morningstar

Voya Intermediate Bond Fund Class R6 IIBZX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Voya Investment Hub
  • NAV / 1-Day Return $8.38  /  0.00
  • Fund Size $11.1B
  • Adjusted Expense Ratio 0.300%
  • Net Expense Ratio 0.300%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 5.04%
  • Average Effective Duration 5.94 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis IIBZX

Will IIBZX outperform in the 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 IIBZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Voya Reshuffles Management Roster; Ratings Unchanged

null Joe Bullard

Joe Bullard

Analyst Note

Raj Jadav, Anuranjan Sharma, and Vinay Viralam, three members of Voya’s multisector team, will join the portfolio alongside longtime managers Sean Banai and Dave Goodson on Feb. 27, 2026. Each brings over 20 years of industry experience to the strategy. At the same time, CIO Eric Stein is stepping off the management roster, as well as comanager Randall Parrish, who announced his retirement in June 2025. While management changes can be disruptive, the new roster formally reflects the day-to-day decision-makers, and the consistency of the team’s process and Banai’s stable presence mitigate immediate concern. The strategy retains its current People and Process ratings.

by Joe Bullard
Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IIBZX

More IIBZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 26

12.81 2B
Government

5 Year Treasury Note Future Dec 26

6.28 770M
Government

Ultra US Treasury Bond Future Dec 26

3.65 448M
Government

United States Treasury Bonds 5.125%

2.97 365M
Government

Federal National Mortgage Association 0%

2.36 289M
Securitized

United States Treasury Notes 4.625%

2.01 246M
Government

United States Treasury Notes 4.375%

1.87 230M
Government

US TREASURY N/B 4.75 9/28

1.87 229M
Government

Voya Multi Sector Income ETF

1.84 225M
—

US TREASURY N/B 5 9/31

1.78 218M
Government

Sponsor Center