IFRAX : Voya Floating Rate Fund Class A

IFRAX is a Bond Market High Yield Bond with HIGH fees.

IFRAX

Voya Floating Rate Fund Class A

FI Score

31 /100

Expense Ratio Rating

4 /10

Expense Rating

0 /10

Market Score

6 /10

Category Score

0 /10

Market Size

6 /10

31% FI Score
  • ifrax
  • Mutual Fund
  • Bond
  • High Yield Bond

Voya Floating Rate Fund Class A

Expenses: 1.05% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide investors with a high level of current income. 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").

Largest Holdings

Amount Holding
0.78% Amwins Group, Inc. 2017 Term Loan B
0.75% Panther Bf Aggregator 2 Lp Usd Term Loan B
0.74% Sinclair Television Group Inc. Term Loan B2b
0.72% Assuredpartners, Inc. 2020 Term Loan B
0.71% Examworks Group, Inc. 2017 Term Loan
0.69% Nfp Corp. 2020 Term Loan
0.67% Eig Investors Corp. 2018 1st Lien Term Loan
0.66% United Natural Foods, Inc. Term Loan B
0.65% Alixpartners, Llp 2017 Term Loan B
0.64% Altice France S.A. Usd Term Loan B12
0.63% Pre-Paid Legal Services, Inc. 2018 1st Lien Term Loan
0.63% Terrier Media Buyer 5.7%
0.63% Veritas Bermuda Ltd. Usd Repriced Term Loan B
0.63% Transdigm, Inc. 2020 Term Loan E
0.63% Flex Acquisition Company, Inc. 2018 Incremental Term Loan
0.61% Zayo Group Holdings, Inc. Usd Term Loan
0.61% Sunshine Investments B.V. Usd Term Loan B3
0.61% Vizient, Inc. 2020 Term Loan B6
0.60% Gates Global Llc 2017 Usd Repriced Term Loan B
0.60% Avaya, Inc. 2018 Term Loan B
0.59% Cushman & Wakefield U.S. Borrower, Llc 2020 Term Loan B
0.59% Leslies Poolmart, Inc. 2016 Term Loan
0.58% Maxar Technologies Ltd. Term Loan B
0.58% Gfl Environmental Inc. 2018 Usd Term Loan B
0.58% Quikrete Hldgs Inc Term Loan

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo