Voya High Yield Bond has some attractive qualities but hasn’t quite demonstrated a sustainable edge over peers. It earns a Morningstar Analyst Rating of Neutral across all share classes except for the more expensive C share class, which earns a Negative rating.
Will VPHYX 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 VPHYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VPHYX 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 VPHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.