IVRSX – VY® Columbia Real Estate S Investment Strategy | Morningstar

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Strategy

The investment seeks total return including capital appreciation and current income. Under normal circumstances, the advisor invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investments tied to companies that are principally engaged in the real estate industry. For purposes of this 80% policy, a company is principally engaged in the real estate industry if at least 50% of its gross income or net profits are attributable to the ownership, construction, management, or sale of residential, commercial, or industrial real estate. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
IVRSX	VY® Columbia Real Estate Portfolio Class S	No Load	Open			Jan 24, 1989	$71.83M	1.000%	Average	$0	−$61.19M
IVRIX	VY® Columbia Real Estate Portfolio Class I	Institutional	Open			May 19, 2003	$74.83M	0.750%	Below Average	$0	$4.90M
IVRTX	VY® Columbia Real Estate Portfolio Class S2	Level Load	Open			Sep 9, 2002	$1.32M	1.150%	Low	$0	−$5.07M
ICRPX	VY® Columbia Real Estate Portfolio Class A	Level Load	Open			Apr 17, 2006	$37.78M	1.350%	Low	$0	−$4.03M

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