Voya Intermediate Bond I

Frequently Asked Questions About IICIX

What does IICIX invest in?

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a portfolio of bonds.

What is the expense ratio of IICIX?

Voya Intermediate Bond I (IICIX) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.

What is IICIX's dividend yield?

IICIX's trailing-twelve-month yield is 4.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of IICIX?

Effective duration measures IICIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. IICIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of IICIX?

IICIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of IICIX?

Yield to maturity (YTM) is the total return you'd earn from IICIX if every bond in the portfolio is held to maturity at the current price. IICIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.