Voya U.S. Bond Index Portfolio Class I (ILBAX)

Overview

The described fund focuses primarily on investment-grade debt instruments showcasing a strong commitment to maintaining a high-quality investment portfolio. By mandating that at least 80% of its net assets, along with any borrowed funds for investment purposes, are allocated in debts rated at least A by prominent rating agencies such as Moody’s Investors Service, Inc., and S&P Global Ratings, the fund ensures its investments are of high credit quality. Instruments that are not rated but are assessed to be of comparable quality to rated securities are also considered. The investment strategy emphasizes components or derivatives that mirror the performance of a specific index, as well as exchange-traded funds (ETFs) that track said index, indicating a blend of direct security investment and index fund strategies to achieve its objectives.

Products and Services

• Investment-Grade Debt Instruments

  This core offering involves the purchase of high-quality debt securities. These are chosen based on stringent criteria, primarily their receipt of an A rating or higher from recognized credit rating agencies, or being of similar quality if unrated. The emphasis is on maintaining a resilient and secure investment portfolio that minimizes risk while seeking stable returns.

• Derivatives

  The fund engages in derivatives trading with the explicit goal of replicating the economic returns of its benchmark index or particular components of that index. This strategy allows the fund to achieve its investment objectives through a different pathway, potentially enhancing portfolio diversification and managing risk more effectively.

• Exchange-Traded Funds (ETFs)

  As part of its investment strategy, the fund also invests in ETFs that closely track the performance of its chosen index. This offers investors exposure to a broad range of assets within the index, combining the benefits of diversified index funds with the flexibility and liquidity of trading individual stocks.