Voya Floating Rate Fund - Class A

Voya Floating Rate Fund has been proposed to be merged into Voya Short Duration High Income Fund pursuant to a Shareholder vote occurring in May 2025. Please see the supplement filing for details.

Class A: IFRAX
Class C: IFRCX
Class I: IFRIX
Class R: IFRRX
Class W: IFRWX
For more information call 1 (800) 334-3444
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Voya Floating Rate Fund
The Fund seeks to provide investors with a high level of current income.

Daily Prices

as of December 6, 2024

Net Asset Value (NAV)$8.11
% Change0.00
$ Change0.00
YTD Return8.36%
* Diversification does not ensure a profit or may not protect against loss in a declining market.

Product Facts

Ticker SymbolIFRAX
CUSIP92913L791
Inception DateAugust 17, 2010
Dividends PaidMonthly
Min. Initial Investment$1,000.00

About this Product

  • Designed to provide investors with a high level of monthly income
  • Invests in ultra-short duration, below investment grade floating rate loans that reset every 30, 60 or 90 days, making the fund less affected by rising interest rates than many other fixed income funds
  • Typically invests in senior secured asset-backed loans that are generally first in line to be repaid in the event of financial difficulty
  • Allows for daily redemptions

Investment Objective

The Fund seeks to provide investors with a high level of current income.

Performance

Average Annual Total Returns %

As of October 31, 2024

As of September 30, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value+7.26+9.67+4.25+3.37+3.021.17%0.99%
With Sales Charge+4.62+6.95+3.39+2.85+2.76
Net Asset Value+6.42+8.85+4.04+3.01+2.971.17%0.99%
With Sales Charge+3.80+6.17+3.18+2.49+2.71
Morningstar LSTA US Leveraged Loan Index+7.45+10.56+6.68+6.02+4.92
Morningstar LSTA US Leveraged Loan Index+6.54+9.59+6.47+5.74+4.86

Inception Date - Class A:August 17, 2010

Current Maximum Sales Charge: 2.50%

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.

Yields

As of October 31, 2024

SEC 30-Day Yield (Unsubsidized)
SEC 30-Day Yield (Unsubsidized):

A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's gross expenses. Negative 30-Day SEC Yield results when accrued expenses of the past 30 days exceed the income collected during the past 30 days.

7.46
SEC 30-Day Yield (Subsidized)
SEC 30-Day Yield (Subsidized):

A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's net expenses (net of any expense waivers or reimbursements).

7.69
Distribution Yield @ NAV
Distribution Yield @ NAV:

Current annualized distribution rate based upon NAV is the latest dividend shown as an annualized percentage of net asset value.

12.17
Distribution Yield @ MOP
Distribution Yield @ MOP:

Current annualized distribution rate, based upon maximum offering price which is adjusted for sales changes (MOP), where applicable, is the latest dividend shown as an annualized percentage of maximum offering price.

11.86

Returns-Based Characteristics

As of October 31, 2024

3 Year5 Year10 Year
Alpha
Alpha:

A measure of risk-adjusted performance; alpha reflects the difference between a portfolio's actual return and the return that could be expected give its risk as measured by beta.

-2.30-2.67-1.87
Beta
Beta:

The sensitivity of a portfolio's returns to changes in the return of the market as measured by the index or benchmark that represents the market. A portfolio with a beta of 1.0 behaves exactly like the index. A beta less than 1.0 suggests lower risk than the index, while a beta greater than 1.0 indicates a risk level higher than the index.

1.001.041.02
Information Ratio
Information Ratio:

The ratio of portfolio returns in excess of a market index to the variability of those excess returns; in effect, information ratio describes the value added by active management in relation to the risk taken to achieve those returns.

-2.21-2.35-1.97
R2
R2:

The proportion of the variation in a portfolio's returns that can be explained by the variability of the returns of an index. High R-squared (close to 1.0) is usually consistent with broad diversification.

0.920.980.97
Sharpe Ratio
Sharpe Ratio:

A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance.

0.060.110.22
Standard Deviation
Standard Deviation:

A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk.

4.027.525.63

Growth of a $10,000 Investment

For the period 11/30/2014 through 10/31/2024

Ending Value: $13,471.00

The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.

Portfolio

Portfolio Statistics

As of November 30, 2024

Number of Issuers337
Industries Represented55
Total Assets Under Management$191,673,847.8
Avg. Investment568,765.13
Avg. Investment as % of AUM0.30%
Total

Portfolio Composition

as of October 31, 2024

Senior Loans92.03
- First Lien91.17
- Second Lien0.86
- Secured92.03
- Unsecured0.00
High Yield Bonds6.13
Structured Products0.00
Cash & Other Net Assets*1.84
Total#,###.2

Top Issuers

as of October 31, 2024

R1 RCM Inc.0.87
Nuvei Technologies Corp0.75
Shearer's Foods0.74
Sedgwick Holdings, Inc.0.73
Internet Brands, Inc.0.71
AssuredPartners, Inc.0.68
American Airlines, Inc.0.68
Ultimate Kronos Group, Inc.0.64
Transdigm, Inc.0.64
Great Outdoors Group, LLC0.63
Total#,###.2

Credit Quality

% of Total Investments as of October 31, 2024

>=BBB0.83
BB27.11
B67.64
CCC1.88
<CCC0.00
Not Rated2.29
Total#,###.2

Top Industry*

% of Total Investments as of October 31, 2024

Software10.47
Health Care Providers & Services4.79
IT Services4.67
Machinery4.18
Hotels, Restaurants & Leisure4.09
Capital Markets3.55
Chemicals3.51
Commercial Services & Supplies3.45
Food Products3.44
Insurance2.98
Total#,###.2

Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.

Ratings

Morningstar™ Ratings

As of October 31, 2024

Overall3 Year5 Year10 Year
208 Funds208 Funds203 Funds166 Funds

Category: US Fund Bank Loan

Distributions

Payment Frequency: Monthly

Ex-Date
Ex-Date:

Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date.

Payable Date
Payable Date:

Date on which a declared stock dividend or a bond interest payment is scheduled to be paid.

Record Date
Record Date:

Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend.

Amount
Income Dividend11/29/2024$0.059970
Income Dividend10/31/2024$0.083698
Income Dividend09/30/2024$0.081360
Income Dividend08/30/2024$0.084165
Income Dividend07/31/2024$0.084692
Income Dividend06/28/2024$0.082260
Income Dividend05/31/2024$0.085199
Income Dividend04/30/2024$0.082438
Income Dividend03/28/2024$0.070475
Income Dividend02/29/2024$0.065348
Income Dividend01/31/2024$0.069845
Income Dividend12/29/2023$0.069848
Income Dividend11/30/2023$0.065198
Totals: $0.984495

Investment Team

Disclosures

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Asset-Backed Securities; Bank Instruments; Cash/Cash Equivalents; Collateralized Loan Obligations and Other Collateralized Obligations; Covenant-Lite Loans; Credit (Loans); Credit Default Swaps; Currency; Demand for Loans; Derivative Instruments; Environmental, Social, and Governance (Fixed Income); Equity Securities Incidental to Investments in Loans; Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Foreign (Non-U.S.) Investments for Floating Rate Loans; High-Yield Securities; Interest in Loans; Interest Rate for Floating Rate Loans; Limited Secondary Market for Loans; Liquidity for Floating Rate Loans; Market Disruption and Geopolitical; Other Investment Companies; Prepayment and Extension; Repurchase Agreements; Sovereign Debt; Valuation of Loans. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.

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