Fund Evaluator:
Voya Intermediate Bond Port A (IIBPX)
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Best Performing in Intermediate Core-Plus Bond Over the Last Year
| 4.1% | Diamond Hill Core Plus Bond Y (DHNYX) |
| 3.9% | Diamond Hill Core Plus Bond I (DHNIX) |
| 3.7% | Diamond Hill Core Plus Bond Investor (DHNAX) |
| 3.5% | Weitz Core Plus Income Investor (WCPNX) |
| 3.4% | Nuveen Core Plus Bond I (TCBHX) |
Fund Details
Voya Intermediate Bond Port A Overview
Voya Intermediate Bond Port A (IIBPX) is an actively managed Taxable Bond Intermediate Core-Plus Bond fund. Voya launched the fund in 2006.
The investment seeks to maximize total return consistent with reasonable risk. Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in a portfolio of bonds, including but not limited to corporate, government and mortgage bonds, which, at the time of purchase, are rated investment-grade (e.g., rated at least BBB- by S&P Global Ratings or Baa3 by Moody's Investors Service, Inc.) or have an equivalent rating by a nationally recognized statistical rating organization ("NRSRO"), or are of comparable quality if unrated.
About Voya Intermediate Bond Port A (IIBPX)
There are 5 members of the management team with an average tenure of 3.12 years: Rajen Jadav (2026), Dave Goodson (2017), Sean Banai (2021), Anuranjan Sharma (2026), Vinay Viralam (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. Voya Intermediate Bond Port A has 2031 securities in its portfolio. The top 10 holdings constitute 40.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Voya Intermediate Bond Port A is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Voya Intermediate Bond Port A has 15.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 117.0% (101.1% domestic bond, 15.8% foreign bond and 0.0% convertible bond). Voya Intermediate Bond Port A has -17.1% of the portfolio in cash.
Assets Under Management
The fund has $168 million in total assets, which is below the $1 billion average for the Intermediate Core-Plus Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IIBPX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Voya Intermediate Bond Port A expense ratio is high compared to funds in the Intermediate Core-Plus Bond category. Voya Intermediate Bond Port A has an expense ratio of 1.05%, which is 35% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Voya Intermediate Bond Port A has a portfolio turnover rate of 117%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 181% for the Intermediate Core-Plus Bond category.
Recently, in the month of July 2026, Voya Intermediate Bond Port A returned -1.5%, which earned it a grade of F, as the Intermediate Core-Plus Bond category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Voya Intermediate Bond Port A has a trailing yield of 4.34%, which is below the 4.36% category average. The fund normally distributes its income monthly and its capital gains semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Voya Intermediate Bond Port A Grades
Year to date, the fund has returned -0.4%, 0.2 percentage points better than the category, which translates into a grade of B. The fund has returned 2.7% over the past year (grade of D), 4.2% over the past three years (grade of C) and -0.4% per year over the past five years (grade of D) and 1.5% per year over the past 10 years (grade of D).
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IIBPX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IIBPX Return (NAV) | -1.5% | -0.8% | 2.7% | 4.2% | -0.4% | 1.5% |
| IIBPX Grade | F | D | D | C | D | D |
| +/- Category | -0.2% | -0.1% | -0.1% | 0.1% | -0.3% | -0.3% |
| Intermediate Core-Plus Bond Avg | -1.3% | -0.7% | 2.7% | 4.2% | -0.2% | 1.8% |
| IIBPX Tax Cost Ratio | na | na | 1.7% | 1.7% | 1.4% | 1.5% |
IIBPX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IIBPX Return (NAV) | -0.4% | 7.2% | 2.3% | 6.8% | -14.9% | -1.4% | 7.3% | 9.3% | -1.1% | 4.5% | 3.9% |
| IIBPX Grade | B | D | C | B | F | F | D | C | C | C | C |
| +/- Category | 0.2% | -0.1% | 0.0% | 0.7% | -1.5% | -0.8% | -1.3% | 0.2% | -0.2% | 0.1% | -0.4% |
| Intermediate Core-Plus Bond Avg | -0.6% | 7.3% | 2.3% | 6.1% | -13.4% | -0.6% | 8.6% | 9.1% | -0.9% | 4.4% | 4.3% |
| Risk Measures | |
| Standard Deviation: | 5.7% |
| Total Risk Index: | 0.47 - Below Average |
| Category Risk Index: | 1.02 - Average |
| Category Risk Grade: | C (57% Rank) |
| Beta: | 1.01 |
| R-Squared: | 99% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 4.3% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Semi-Annually |
| Total Assets: | $873 Mil |
| Fund Total Assets: | $ 168 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 117% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 9.3 years | |||
| Average Tenure: 3.1 years | |||
| Managers (Year): Goodson Dave (2017), Banai Sean (2021), Sharma Anuranjan (2026), Viralam Vinay (2026), Jadav Rajen (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 2031 |
| % in Top 10 Holdings: | 40.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 15.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 101.1% |
| Foreign Bond: | 15.8% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | -17.1% |
Purchase Information
| Fund Family: | Voya |
| Phone Number: | 800-992-0180 |
| Website: | www.ingfunds.com |
| Status: | Open |
| Inception Date: | December 20, 2006 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.50% |
Expenses and Fees | |
| Expense Ratio (%): | 1.05% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.78% |
| Share Class: | Voya Intermediate Bond Port I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
