Typically, the Voya Intermediate Bond Fund dedicates a substantial portion – specifically, a minimum of 80% of its total investable assets (which includes any capital acquired through borrowing for investment purposes) – to a diverse array of debt instruments. These holdings encompass various types of bonds, such as those issued by corporations, governmental bodies, and mortgage-backed securities, among others. A crucial condition for these investments is that, upon their acquisition, they must carry an investment-grade credit rating.
