Voya Russell Mid Cap Index’s broadly diversified, market-cap-weighted portfolio and low turnover make it a sound choice for exposure to mid-cap stocks. While there are cheaper alternatives, this fund is cheaper than most of its category peers. It earns a Morningstar Analyst Rating of Bronze, while its cheapest share class receives an upgrade to Silver from Bronze because of its lower fee.
Voya Russell Mid Cap Index Port A IRMAX
NAV / 1-Day Return
13.25
/
2.93
%
Total Assets
1.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.900%
Expense Ratio
0.900%
Fee Level
Low
Longest Manager Tenure
8.82
years
Category
Mid-Cap Blend
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.85%
Turnover
8%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will IRMAX 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 IRMAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the IRMAX 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 IRMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A decent option for mid-cap exposure.
