Voya Floating Rate I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-5.2%
1 yr return
-1.6%
3 Yr Avg Return
0.3%
5 Yr Avg Return
1.5%
Net Assets
$464 M
Holdings in Top 10
8.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 89.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Bank Loan
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
IFRIX - Profile
Distributions
- YTD Total Return -5.2%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.60%
- Dividend Yield 5.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVoya Floating Rate Fund
-
Fund Family NameVoya
-
Inception DateAug 17, 2010
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey Bakalar
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in U.S. dollar denominated floating rate loans and other floating rate debt instruments, including: floating rate bonds; floating rate notes; money market instruments with a remaining maturity of 60 days or less; floating rate debentures; and tranches of floating rate asset-backed securities, including structured notes, made to, or issued by, U.S. and non-U.S. corporations or other business entities (collectively "Floating Rate Debt").
IFRIX - Performance
Return Ranking - Trailing
Period | IFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.2% | -13.7% | 15.6% | 73.58% |
1 Yr | -1.6% | -8.2% | 23.8% | 49.32% |
3 Yr | 0.3%* | -2.7% | 9.6% | 92.28% |
5 Yr | 1.5%* | -0.3% | 7.2% | 86.36% |
10 Yr | 2.8%* | 1.3% | 7.6% | 74.52% |
* Annualized
Return Ranking - Calendar
Period | IFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 0.9% | -16.5% | 11.1% | 53.66% |
2020 | -5.5% | -14.1% | 289.8% | 84.42% |
2019 | 1.1% | -8.1% | 7.5% | 85.02% |
2018 | -4.4% | -12.2% | 5.5% | 29.69% |
2017 | -1.3% | -4.2% | 12.9% | 83.62% |
Total Return Ranking - Trailing
Period | IFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.2% | -13.7% | 15.6% | 71.24% |
1 Yr | -1.6% | -10.9% | 24.7% | 42.95% |
3 Yr | 0.3%* | -2.7% | 10.0% | 86.47% |
5 Yr | 1.5%* | -0.3% | 7.6% | 82.27% |
10 Yr | 2.8%* | 1.3% | 7.6% | 68.10% |
* Annualized
Total Return Ranking - Calendar
Period | IFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 0.9% | -16.5% | 11.1% | 54.01% |
2020 | -5.5% | -14.1% | 289.8% | 84.42% |
2019 | 1.1% | -8.1% | 7.5% | 85.02% |
2018 | -4.4% | -12.2% | 5.5% | 38.28% |
2017 | -1.3% | -4.2% | 12.9% | 85.78% |
NAV & Total Return History
IFRIX - Holdings
Concentration Analysis
IFRIX | Category Low | Category High | IFRIX % Rank | |
---|---|---|---|---|
Net Assets | 464 M | 25 M | 13.1 B | 68.98% |
Number of Holdings | 514 | 12 | 1447 | 28.66% |
Net Assets in Top 10 | 39.8 M | -191 M | 2.54 B | 64.01% |
Weighting of Top 10 | 8.66% | 4.6% | 91.9% | 76.77% |
Top 10 Holdings
- State Street Instl Liquid Reserves Prem 3.59%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
- Asurion Llc 2021 Term Loan B9 1.19%
Asset Allocation
Weighting | Return Low | Return High | IFRIX % Rank | |
---|---|---|---|---|
Bonds | 95.16% | 28.71% | 161.82% | 36.94% |
Cash | 3.83% | -61.90% | 58.61% | 64.97% |
Other | 0.82% | -54.21% | 26.58% | 11.46% |
Stocks | 0.19% | 0.00% | 51.23% | 44.90% |
Preferred Stocks | 0.00% | -3.99% | 1.72% | 52.55% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 60.83% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IFRIX % Rank | |
---|---|---|---|---|
Communication Services | 94.08% | 0.00% | 100.00% | 9.09% |
Technology | 5.92% | 0.00% | 100.00% | 7.69% |
Utilities | 0.00% | 0.00% | 100.00% | 47.55% |
Real Estate | 0.00% | 0.00% | 48.61% | 31.47% |
Industrials | 0.00% | 0.00% | 100.00% | 65.03% |
Healthcare | 0.00% | 0.00% | 100.00% | 32.17% |
Financial Services | 0.00% | 0.00% | 91.98% | 39.86% |
Energy | 0.00% | 0.00% | 100.00% | 67.83% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 52.45% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 56.64% |
Basic Materials | 0.00% | 0.00% | 6.25% | 33.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IFRIX % Rank | |
---|---|---|---|---|
US | 0.19% | -0.01% | 45.12% | 35.03% |
Non US | 0.00% | 0.00% | 6.11% | 53.82% |
Bond Sector Breakdown
Weighting | Return Low | Return High | IFRIX % Rank | |
---|---|---|---|---|
Corporate | 95.69% | 0.00% | 99.80% | 18.53% |
Cash & Equivalents | 4.00% | 0.00% | 58.41% | 71.25% |
Securitized | 0.31% | 0.00% | 96.93% | 44.41% |
Derivative | 0.00% | 0.00% | 7.03% | 44.73% |
Municipal | 0.00% | 0.00% | 0.47% | 31.63% |
Government | 0.00% | 0.00% | 5.93% | 46.65% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | IFRIX % Rank | |
---|---|---|---|---|
US | 88.76% | 14.05% | 128.54% | 13.69% |
Non US | 6.40% | 0.00% | 84.20% | 81.85% |
IFRIX - Expenses
Operational Fees
IFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.03% | 7.31% | 66.36% |
Management Fee | 0.64% | 0.00% | 1.89% | 48.36% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | 47.14% |
Sales Fees
IFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 3.00% | N/A |
Trading Fees
IFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
IFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 89.00% | 3.00% | 215.00% | 78.21% |
IFRIX - Distributions
Dividend Yield Analysis
IFRIX | Category Low | Category High | IFRIX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.05% | 0.00% | 11.21% | 42.64% |
Dividend Distribution Analysis
IFRIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
IFRIX | Category Low | Category High | IFRIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.60% | 1.56% | 10.22% | 49.83% |
Capital Gain Distribution Analysis
IFRIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually |
Dividend Payout History
Date | Amount | Type |
---|---|---|
Aug 01, 2022 | $0.036 | DailyAccrualFund |
Jul 01, 2022 | $0.032 | DailyAccrualFund |
Jun 01, 2022 | $0.031 | DailyAccrualFund |
May 02, 2022 | $0.028 | DailyAccrualFund |
Apr 01, 2022 | $0.026 | DailyAccrualFund |
Feb 01, 2022 | $0.029 | DailyAccrualFund |
Jan 03, 2022 | $0.028 | DailyAccrualFund |
Dec 01, 2021 | $0.026 | DailyAccrualFund |
Nov 01, 2021 | $0.027 | DailyAccrualFund |
Oct 01, 2021 | $0.026 | DailyAccrualFund |
Sep 01, 2021 | $0.028 | DailyAccrualFund |
Aug 02, 2021 | $0.028 | DailyAccrualFund |
Jul 01, 2021 | $0.026 | DailyAccrualFund |
Jun 01, 2021 | $0.024 | DailyAccrualFund |
May 03, 2021 | $0.025 | DailyAccrualFund |
Apr 01, 2021 | $0.025 | DailyAccrualFund |
Mar 01, 2021 | $0.022 | DailyAccrualFund |
Feb 01, 2021 | $0.025 | DailyAccrualFund |
Jan 04, 2021 | $0.024 | DailyAccrualFund |
Dec 01, 2020 | $0.024 | DailyAccrualFund |
Nov 02, 2020 | $0.025 | DailyAccrualFund |
Oct 01, 2020 | $0.024 | DailyAccrualFund |
Sep 01, 2020 | $0.024 | DailyAccrualFund |
Aug 03, 2020 | $0.026 | DailyAccrualFund |
Jul 01, 2020 | $0.025 | DailyAccrualFund |
Jun 01, 2020 | $0.027 | DailyAccrualFund |
May 01, 2020 | $0.031 | DailyAccrualFund |
Apr 01, 2020 | $0.036 | DailyAccrualFund |
Mar 02, 2020 | $0.034 | DailyAccrualFund |
Feb 03, 2020 | $0.038 | DailyAccrualFund |
Jan 02, 2020 | $0.039 | DailyAccrualFund |
Dec 02, 2019 | $0.039 | DailyAccrualFund |
Nov 01, 2019 | $0.040 | DailyAccrualFund |
Oct 01, 2019 | $0.040 | DailyAccrualFund |
Sep 03, 2019 | $0.044 | DailyAccrualFund |
Aug 01, 2019 | $0.045 | DailyAccrualFund |
Jul 01, 2019 | $0.044 | OrdinaryDividend |
May 31, 2019 | $0.047 | DailyAccrualFund |
Apr 30, 2019 | $0.045 | DailyAccrualFund |
Mar 29, 2019 | $0.046 | DailyAccrualFund |
Feb 28, 2019 | $0.042 | DailyAccrualFund |
Jan 31, 2019 | $0.046 | DailyAccrualFund |
Dec 31, 2018 | $0.043 | DailyAccrualFund |
Nov 30, 2018 | $0.041 | DailyAccrualFund |
Oct 31, 2018 | $0.040 | DailyAccrualFund |
Aug 31, 2018 | $0.039 | DailyAccrualFund |
Jul 31, 2018 | $0.039 | DailyAccrualFund |
Jun 29, 2018 | $0.036 | DailyAccrualFund |
May 31, 2018 | $0.036 | DailyAccrualFund |
Apr 30, 2018 | $0.034 | DailyAccrualFund |
Mar 29, 2018 | $0.034 | DailyAccrualFund |
Feb 28, 2018 | $0.031 | DailyAccrualFund |
Jan 31, 2018 | $0.032 | DailyAccrualFund |
Dec 29, 2017 | $0.032 | DailyAccrualFund |
Nov 30, 2017 | $0.031 | DailyAccrualFund |
Oct 31, 2017 | $0.033 | DailyAccrualFund |
Sep 29, 2017 | $0.033 | DailyAccrualFund |
Aug 31, 2017 | $0.035 | DailyAccrualFund |
Jul 31, 2017 | $0.035 | DailyAccrualFund |
Jun 30, 2017 | $0.033 | DailyAccrualFund |
May 31, 2017 | $0.035 | DailyAccrualFund |
Apr 28, 2017 | $0.034 | DailyAccrualFund |
Mar 31, 2017 | $0.035 | DailyAccrualFund |
Feb 28, 2017 | $0.032 | DailyAccrualFund |
Dec 30, 2016 | $0.035 | DailyAccrualFund |
Nov 30, 2016 | $0.034 | DailyAccrualFund |
Oct 31, 2016 | $0.035 | DailyAccrualFund |
Sep 30, 2016 | $0.034 | DailyAccrualFund |
Aug 31, 2016 | $0.035 | DailyAccrualFund |
Jul 29, 2016 | $0.035 | DailyAccrualFund |
Jun 30, 2016 | $0.034 | DailyAccrualFund |
May 31, 2016 | $0.035 | DailyAccrualFund |
Apr 29, 2016 | $0.034 | DailyAccrualFund |
Mar 31, 2016 | $0.033 | DailyAccrualFund |
Feb 29, 2016 | $0.031 | DailyAccrualFund |
Jan 29, 2016 | $0.033 | DailyAccrualFund |
Dec 31, 2015 | $0.035 | DailyAccrualFund |
Nov 30, 2015 | $0.035 | DailyAccrualFund |
Oct 30, 2015 | $0.036 | DailyAccrualFund |
Sep 30, 2015 | $0.035 | DailyAccrualFund |
Jul 31, 2015 | $0.036 | DailyAccrualFund |
Jun 30, 2015 | $0.034 | DailyAccrualFund |
May 29, 2015 | $0.035 | DailyAccrualFund |
Apr 30, 2015 | $0.032 | DailyAccrualFund |
Mar 31, 2015 | $0.033 | DailyAccrualFund |
Feb 27, 2015 | $0.030 | DailyAccrualFund |
Jan 30, 2015 | $0.033 | DailyAccrualFund |
Dec 31, 2014 | $0.032 | DailyAccrualFund |
Nov 28, 2014 | $0.031 | DailyAccrualFund |
Oct 31, 2014 | $0.032 | DailyAccrualFund |
Sep 30, 2014 | $0.031 | DailyAccrualFund |
Aug 29, 2014 | $0.032 | DailyAccrualFund |
Jul 31, 2014 | $0.033 | DailyAccrualFund |
May 31, 2014 | $0.033 | DailyAccrualFund |
Apr 30, 2014 | $0.032 | DailyAccrualFund |
Mar 31, 2014 | $0.033 | DailyAccrualFund |
Feb 28, 2014 | $0.030 | DailyAccrualFund |
Jan 31, 2014 | $0.035 | DailyAccrualFund |
Dec 31, 2013 | $0.035 | DailyAccrualFund |
Nov 29, 2013 | $0.034 | DailyAccrualFund |
Oct 31, 2013 | $0.035 | DailyAccrualFund |
Sep 30, 2013 | $0.034 | DailyAccrualFund |
Aug 30, 2013 | $0.036 | DailyAccrualFund |
Jul 31, 2013 | $0.040 | DailyAccrualFund |
Jun 28, 2013 | $0.041 | DailyAccrualFund |
May 31, 2013 | $0.046 | DailyAccrualFund |
Apr 30, 2013 | $0.048 | DailyAccrualFund |
Mar 28, 2013 | $0.050 | DailyAccrualFund |
Feb 28, 2013 | $0.047 | DailyAccrualFund |
Jan 31, 2013 | $0.052 | DailyAccrualFund |
Dec 31, 2012 | $0.052 | DailyAccrualFund |
Nov 30, 2012 | $0.048 | DailyAccrualFund |
Oct 31, 2012 | $0.048 | DailyAccrualFund |
Sep 28, 2012 | $0.047 | DailyAccrualFund |
Aug 31, 2012 | $0.048 | DailyAccrualFund |
Jul 31, 2012 | $0.048 | DailyAccrualFund |
Jun 29, 2012 | $0.044 | DailyAccrualFund |
May 31, 2012 | $0.045 | DailyAccrualFund |
Apr 30, 2012 | $0.044 | DailyAccrualFund |
Mar 30, 2012 | $0.045 | DailyAccrualFund |
Feb 29, 2012 | $0.042 | DailyAccrualFund |
Jan 31, 2012 | $0.045 | DailyAccrualFund |
Dec 30, 2011 | $0.045 | DailyAccrualFund |
Nov 30, 2011 | $0.044 | DailyAccrualFund |
Oct 31, 2011 | $0.039 | DailyAccrualFund |
Sep 30, 2011 | $0.036 | DailyAccrualFund |
Aug 31, 2011 | $0.038 | DailyAccrualFund |
Jul 29, 2011 | $0.038 | DailyAccrualFund |
Jun 30, 2011 | $0.036 | DailyAccrualFund |
May 31, 2011 | $0.035 | DailyAccrualFund |
Apr 29, 2011 | $0.034 | DailyAccrualFund |
Mar 31, 2011 | $0.032 | DailyAccrualFund |
Feb 28, 2011 | $0.029 | DailyAccrualFund |
Jan 31, 2011 | $0.032 | DailyAccrualFund |
Dec 31, 2010 | $0.032 | DailyAccrualFund |
Nov 30, 2010 | $0.031 | DailyAccrualFund |
Oct 29, 2010 | $0.031 | DailyAccrualFund |
IFRIX - Fund Manager Analysis
Managers
Jeffrey Bakalar
Start Date
Tenure
Tenure Rank
Aug 17, 2010
11.79
11.8%
Jeff Bakalar is managing director, group head and chief investment officer of the Voya Investment Management senior loan group. He co-manages the group with Dan Norman, and he is chairman of the group’s investment committee. Jeff is currently a member of the board of directors of the Loan Syndications and Trading Association. Jeff received his MBA from DePaul University. Experience Company: 20 yrs
Kelly Byrne
Start Date
Tenure
Tenure Rank
May 31, 2021
1.0
1.0%
Kelly Byrne, CFA, Portfolio Manager and Senior Vice President of the Voya IM Senior Loan Group, since 2005.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 23.43 | 6.04 | 3.25 |