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Arphra AIPlain-English read on Voya Intermediate Bond Fund’s valuationVoya Intermediate Bond Fund
Typically, the Voya Intermediate Bond Fund dedicates a substantial portion â specifically, a minimum of 80% of its total investable assets (which includes any capital acquired through borrowing for investment purposes) â to a diverse array of debt instruments. These holdings encompass various types of bonds, such as those issued by corporations, governmental bodies, and mortgage-backed securities, among others. A crucial condition for these investments is that, upon their acquisition, they must carry an investment-grade credit rating. This generally translates to a rating of at least BBB- from S&P Global Ratings or Baa3 from Moody's Investors Service, Inc., or an equivalent assessment from any other nationally recognized statistical rating organization (NRSRO). Furthermore, if a bond does not possess an official rating, it must still be considered to be of a similar high quality. This investment strategy is adhered to under ordinary market circumstances.
- IIBZXPrimaryNasdaq Stock MarketUSD$11.11B
- IIBAXNasdaq Stock MarketUSD$11.11B