About IPIIX
Voya Intermediate Bond Portfolio Class I is a mutual fund designed to provide diversified exposure to the U.S. fixed income market. The fund primarily invests in a broad array of investment-grade debt securities, including corporate bonds, government bonds, and mortgage-backed securities, maintaining an intermediate duration profile typically between three and ten years. Managed with a disciplined approach that combines fundamental and quantitative analysis, the portfolio seeks to maximize total return through a blend of income and capital appreciation, while prudently managing risk. The fund benchmarks its performance against the Bloomberg U.S. Aggregate Bond Index, reflecting its core-plus bond strategy. Notably, the portfolio may allocate up to 20% of assets to below investment-grade (high-yield) securities, which enhances yield potential while adding diversification. With a monthly dividend distribution, moderate expense ratio, and a substantial asset base, Voya Intermediate Bond Portfolio Class I serves as a foundational fixed income option for institutional and individual investors seeking stable, income-oriented returns within a well-diversified bond strategy.
Fund Family Voya
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol IPIIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
IPIIX had a total return of 7.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.58%.