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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Voya Floating Rate Fund

IFRIX | Fund

$8.59

$464 M

5.05%

$0.43

0.84%

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

$8.6
$8.33
$9.10

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

Voya Floating Rate Fund

IFRIX | Fund

$8.59

$464 M

5.05%

$0.43

0.84%

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%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Voya Floating Rate Fund
  • Fund Family Name
    Voya
  • Inception Date
    Aug 17, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey 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

  1. State Street Instl Liquid Reserves Prem 3.59%
  2. Asurion Llc 2021 Term Loan B9 1.19%
  3. Asurion Llc 2021 Term Loan B9 1.19%
  4. Asurion Llc 2021 Term Loan B9 1.19%
  5. Asurion Llc 2021 Term Loan B9 1.19%
  6. Asurion Llc 2021 Term Loan B9 1.19%
  7. Asurion Llc 2021 Term Loan B9 1.19%
  8. Asurion Llc 2021 Term Loan B9 1.19%
  9. Asurion Llc 2021 Term Loan B9 1.19%
  10. 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

View More +

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

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