Voya Infrastructure, Industrials and Materials Fund

Frequently Asked Questions About IDE

What does IDE invest in?

The Voya Infrastructure, Industrials and Materials Fund (IDE) is a closed-end equity mutual fund, initiated by Voya Investment Management LLC. Its management responsibilities are shared between Voya Investments, LLC and Voya Investment Management Co. LLC. The fund's investment mandate is global, targeting publicly traded equities, specifically focusing on enterprises within the infrastructure, industrials, and materials sectors. A core strategy involves identifying and investing predominantly in value stocks. Beyond direct equity holdings, the fund also strategically employs derivatives, such as call options on selected indices or exchange-traded funds, which possess economic characteristics akin to equity securities. Portfolio construction is guided by a rigorous, bottom-up fundamental analysis. This approach prioritizes companies demonstrating strong growth prospects, resilient earnings capabilities across various market cycles, disciplined capital allocation, and a formidable competitive position. Its financial performance is benchmarked against the MSCI All Country World Index. Initially established on January 26, 2010, and domiciled in the United States, the fund was previously known as the ING Infrastructure, Industrials and Materials Fund.

What is the expense ratio of IDE?

Voya Infrastructure, Industrials and Materials Fund (IDE) charges an expense ratio of 1.23%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IDE?

Voya Infrastructure, Industrials and Materials Fund (IDE) manages $177.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IDE actively managed or an index fund?

IDE is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IDE's is 1.23%) because there's no security selection cost.

When was IDE launched?

Voya Infrastructure, Industrials and Materials Fund (IDE) launched in February 2010 and is managed by Voya.

How has IDE performed?

IDE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.