Tuesday, May 16, 2017

Overview of Voya Balanced Portfolio I Fund (IBPIX)

Voya Balanced Portfolio I (IBPIX) a Zacks Rank #2 (Buy) seeks to achieve its investment objectives by investing in a diversified portfolio of various asset classes and investment strategies managed by the sub-adviser (“Sub-Adviser”).

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Intermediate Bond. Further, as of the last filing, POWERSHARES SENIOR LOAN P, SPDR TRUST SERIES I and ISHARES MSCI EMERG MKTS I were the top holdings for IBPIX.

The Voya Balanced Port I fund, managed by ING Fund Trust, carries an expense ratio of 0.62%.

IBPIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 11.98%, 3 year 5.22% and 5 year 7.71%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

IBPIX’s performance, as of the last filing, when compared to funds in its category was in the top 15% in 1 year, top 39% over the past 3 years, and in the 37% over the past 5 years.

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Zacks Investment Research

May 16, 2017 at 04:09PM

from Zacks Equity Research