Voya Balanced Income Portfolio
Multi-asset portfolio seeking to maximize income with lower volatility relative to the overall market
Product Facts
| Ticker Symbol | IIFIX |
| CUSIP | 92914E606 |
| Inception Date | April 28, 2006 |
| Dividends Paid |
About this Product
- Actively managed strategy investing in approximately 60% of its assets in Fixed Income and 40% in Equities
- Fixed Income uses a multi-sector strategy that seeks attractive returns by investing in the broad global fixed income universe
- Equity strategy designed to deliver excess returns and high-dividend income at lower levels of volatility relative to the overall market
Investment Objective
The Portfolio seeks to maximize income while maintaining prospects for capital appreciation.
Performance
Average Annual Total Returns %
As of March 31, 2024
As of March 31, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +5.15 | +13.92 | +2.65 | +4.36 | +4.58 | 0.66% | 0.62% |
| With Sales Charge | +5.15 | +13.92 | +2.65 | +4.36 | +4.58 | ||
| Net Asset Value | +5.15 | +13.92 | +2.65 | +4.36 | +4.58 | 0.66% | 0.62% |
| With Sales Charge | +5.15 | +13.92 | +2.65 | +4.36 | +4.58 | ||
| 60% Bloomberg US Aggregate Bond Index/ 30% Russell 1000 Index/ 10% MSCI EAFE Index | +3.14 | +11.01 | +2.22 | +5.55 | +5.37 | — | — |
| Bloomberg U.S. Aggregate Bond Index | -0.78 | +1.70 | -2.46 | +0.36 | +1.54 | — | — |
| 60% Bloomberg US Aggregate Bond Index/ 30% Russell 1000 Index/ 10% MSCI EAFE Index | +3.14 | +11.01 | +2.22 | +5.55 | +5.37 | — | — |
| Bloomberg U.S. Aggregate Bond Index | -0.78 | +1.70 | -2.46 | +0.36 | +1.54 | — | — |
Inception Date - Class I:April 28, 2006
Current Maximum Sales Charge: 0.00%
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.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
The Bloomberg U.S. Aggregate Bond Index is a widely recognized, unmanaged index of publicly issued investment grade U.S. Government, mortgage-backed, asset-backed and corporate debt securities. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
Past performance does not guarantee future results.
Portfolio
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Payment Frequency:
| 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 Dividend | 07/13/2023 | 07/14/2023 | 07/12/2023 | $0.272500 |
| Totals: $0.272500 | ||||
Income Dividend: Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
Short-Term Capital Gain: The profit realized from the sale of securities held for less than one year.
Long-Term Capital Gain: Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.
Investment Team
Portfolio Management Team
Voya Investments, LLC
Investment Adviser
Voya Investment Management Co. LLC
Investment Sub-Adviser
Vincent Costa, CFA
Chief Investment Officer, Equities
Years of Experience: 39
Years with Voya: 18
Brian Timberlake, PhD, CFA
Head of Fixed Income Research
Years of Experience: 21
Years with Voya: 21
Leigh Todd, CFA
Senior Portfolio Manager
Years of Experience: 28
Years with Voya: 3
Barbara Reinhard, CFA
Senior Managing Director, Chief Investment Officer, Multi-Asset Strategies and Solutions
Years of Experience: 31
Years with Voya: 8
Disclosures
Principal Risks
Investment Risks: You could lose money on an investment in the Portfolio. Any of the following risks, among others, could affect Portfolio performance or cause the Portfolio to lose money or to underperform market averages of other funds. The Portfolio may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Portfolio performance. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Foreign investment risks may be greater in Developing and Emerging markets than in developed markets. High-Yield Securities, or “junk bonds”, are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities. As Interest Rates rise, bond prices fall, reducing the value of the Portfolio’s share price. Investment Model: A manager’s proprietary model may not adequately allow for existing or unforeseen market factors or the interplay between such factors. Volatility management techniques may not always be successful in reducing volatility, may not protect against market declines, and may limit the Portfolio’s participation in market gains. Mistakes in the construction and implementation of the investment models may create errors or limitations that might go undetected. There is no guarantee that the use of these investment models will result in effective investment decisions. To the extent that the Portfolio invests in Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. Other risks of the Portfolio include but are not limited to: Bank Instruments; Company; Convertible Securities; Credit; Credit Default Swaps; Currency; Deflation; Dividend; Floating Rate Loans; Inflation-Indexed Bonds; Interest in Loans; Investing through Bond Connect; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Other Investment Companies; Prepayment and Extension; Real Estate Companies and Real Estate Investment Trusts (“REITs”); Securities; Lending; Sovereign Debt; and U.S. Government Securities and Obligations. Investors should consult the Portfolio’s Prospectus and Statement of Additional Information for a more detailed discussion of the Portfolio’s risks.
An investment in the Portfolio is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.
Growth of a $10,000 Investment
For the period 04/30/2014 through 03/31/2024
Ending Value: $15,648.00
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.