Voya GNMA Income's well-resourced team employs a meticulous and risk-conscious approach to agency mortgage investing that is repeatable and has resulted in compelling returns. That, combined with a recent 11 basis-point fee reduction across share classes, helped two of the cheaper share classes earn a Morningstar Analyst rating of Bronze, while the more expensive share classes continue to receive a Neutral.
Will LEXNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LEXNX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LEXNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of LEXNX’s parent organization’s priorities and whether they’re in line with investors’ interests.