Voya Investment Grade Credit Fund
Data updated: 2026-02-26
C000121441 — Voya Investment Grade Credit Fund. Intermediate Corporate Bond · $9.42M AUM · 0.09% expense ratio. Holdings, fees, performance and SEC filings.
C000121441 Fund Overview
Voya Investment Grade Credit Fund is a US mutual fund managed by Voya Separate Portfolios Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Voya Separate Portfolios Trust
- Category: Intermediate Corporate Bond
- Assets under management: $9.42M
- 1-year return: -10.6%
- SEC CIK: 0001392116
- SEC series ID: S000017462
- Share class ID: C000121441
C000121441 Investment Objective and Strategy
Voya Investment Grade Credit Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Voya Separate Portfolios Trust.
Investment objective
The Fund seeks to maximize total return. Total return is a combination of income and capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in investment-grade fixed-income securities. The Fund will provide shareholders with at least 60 days' prior notice of any change in this investment policy. Investment-grade fixed-income securities are securities rated at least BBB- by S&P Global Ratings, or Baa3 by Moody's Investors Service, Inc., or BBB- by Fitch Ratings, or have an equivalent rating by a Nationally Recognized Statistical Rating Organization (NRSRO), or are deemed by the sub-adviser ( Sub-Adviser) to be of comparable quality if unrated. The Fund may concentrate its portfolio investments in any one industry or group of industries under certain circumstances. Generally, the Fund will not invest in a security if, after the investment, more than 25% of its total assets would be invested in any one industry or group of industries, provided that the Fund may invest between 25% and 35% of its total assets in the securities of any one industry group or group of industries, if at the time of investment, that industry or group of industries represents 20% or more of the Funds primary benchmark index.
The Funds primary benchmark index is the Bloomberg Barclays U.S. Corporate Index. As of June 30, 2018, the banking industry represented 20% or more of the primary benchmark index. The securities that the Fund may invest in include, but are not limited to, the following: fixed-income securities issued by U.S. and foreign entities that are denominated in U.S. or foreign currencies, including, but not limited to, collateralized debt obligations, collateralized loan obligations, convertible bonds, collateralized mortgage obligations and U.S. and foreign mortgage-backed and asset-backed fixed-income securities; debt obligations that are denominated in U.S. or foreign currencies and issued or guaranteed by the U.S. government and foreign governments and their agencies and instrumentalities; preferred stocks; money market instruments; and municipal bonds.
Generally, the Sub-Adviser maintains a dollar-weighted average duration between three and ten years for the Fund. Duration is the most commonly used measure of risk in a fixed-income investment as it incorporates multiple features of the fixed-income instrument (e.g., yield, coupon, maturity, etc.) into one number. Duration is a measure of sensitivity of the price of a fixed-income instrument to a change in interest rates. Duration is a weighted average of the times that interest payments and the final return of principal are received. The weights are the amounts of the payments discounted by the yield-to-maturity of the fixed-income instrument. Duration is expressed as a number of years. The bigger the duration number, the greater the interest-rate risk or reward for the fixed-income instrument prices.
For example, the price of a bond with an average duration of five years would be expected to fall approximately 5% if interest rates rose by 1%. Conversely, the price of a bond with an average duration of five years would be expected to rise approximately 5% if interest rates drop by 1%. The Fund may also invest up to 10% of its assets in high-yield (high risk) debt instruments, commonly referred to as junk bonds. High-yield debt instruments are debt securities that, at the time of purchase, are not investment-grade fixed-income securities as defined above. The high-yield bonds purchased by the Fund will be rated at least B- by S&P Global Ratings, or B3 by Moodys Investors Service, Inc., or B- by Fitch Ratings, have an equivalent rating by an NRSRO, or are determined by the Sub-Adviser to be of comparable quality if unrated.
The Fund may invest in real estate securities including real estate investment trusts. The Fund may also engage in dollar roll transactions, repurchase agreements and reverse repurchase agreements, options, futures and forward contracts involving securities, securities indices, foreign currencies, interest rates, and swap agreements, including credit default swaps. The Fund typically uses derivatives to reduce exposure to other risks, such as interest rate or currency risk, to substitute for taking a position in the underlying asset, and/or to enhance returns in the Fund. The Sub-Adviser believes that relationships between the drivers of fixed income returns change over time and that recognizing this is key to managing of fixed income assets. Therefore, the Sub-Adviser employs a dynamic investment process that seeks to balance top-down macro economic considerations and fundamental bottom-up analysis during the steps of its investment process - sector allocation, security selection, duration and yield curve management.
This includes leveraging proprietary qualitative analysis along with quantitative tools throughout the portfolio construction process. The Fund may also invest in other investment companies, including exchange-traded funds, to the extent permitted under the 1940 Act. The Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising, among others. The Fund may lend portfolio securities on a short-term or long-term basis, up to 33 1 / 3 % of its total assets.
C000121441 Holdings
Top 10 holdings of Voya Investment Grade Credit Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Chase & Co. | 1.96% |
| Bank Of Ny Mellon Corp. | 1.30% |
| Wynnton Funding Trust | 1.07% |
| Wells Fargo & Company | 0.97% |
| Citadel Securities LLC | 0.90% |
| US Treasury N/b | 0.82% |
| Eog Resources, Inc. | 0.70% |
| Chubb Ina Holdings LLC | 0.68% |
| Workday, Inc. | 0.63% |
| Broadcom, Inc. | 0.60% |
C000121441 Portfolio Allocation
Asset-class allocation of Voya Investment Grade Credit Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.4% |
| Cash & Equivalents | 1.0% |
C000121441 Performance
Total returns for C000121441 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -10.6% |
| 3 years (annualised) | -4.5% |
C000121441 Risk Information
Risk metrics for C000121441, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.7%
C000121441 Costs and Fees
C000121441 costs about $9 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.09%
- Gross expense ratio: 0.59%
- Portfolio turnover: 469%
- Brokerage commissions: 0.58 bps of average net assets (SEC N-CEN)
C000121441 Cashflows
Over the 12 months to 2025-12, Voya Investment Grade Credit Fund had net outflows of $66.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-12 | −$886.46K |
| 2025-11 | $64.92K |
| 2025-10 | −$84.85M |
| 2025-09 | $1.66M |
| 2025-08 | $477.36K |
| 2025-07 | $2.10M |
C000121441 Debt Constituents
Largest debt holdings of Voya Investment Grade Credit Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| JPMorgan Chase & Co. | 1.96% |
| Bank Of Ny Mellon Corp. | 1.30% |
| Wynnton Funding Trust | 1.07% |
| Wells Fargo & Company | 0.97% |
| US Treasury N/b | 0.82% |
| Eog Resources, Inc. | 0.70% |
| Chubb Ina Holdings LLC | 0.68% |
| Workday, Inc. | 0.63% |
| Broadcom, Inc. | 0.60% |
| Walmart, Inc. | 0.59% |
C000121441 Prospectus and SEC Filings
Official Voya Investment Grade Credit Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2024-09-20
- Prospectus (485BPOS) — filed 2024-07-29
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Portfolio holdings (N-PORT) — filed 2025-11-28
- Portfolio holdings (N-PORT) — filed 2025-08-25
- Annual census (N-CEN) — filed 2025-06-10
- Annual census (N-CEN) — filed 2024-06-12
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.