IBRAX Fees and Costs — Voya Inflation Protected Bond Plus Portfolio, Class ADV
Data updated: 2026-08-21
The net expense ratio is 1.19%: a 0.55% management fee, a 0.60% 12b-1 fee plus 0.11% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0045% of average net assets, and portfolio turnover was 80%.
IBRAX Fees and Expenses
Annual operating expenses and sales charges of IBRAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.60% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.19% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
IBRAX Costs Over Time
On $10,000 invested in IBRAX, assuming 5% a year before costs, total costs come to $744 over 5 years, cutting the return by 1.25% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.19%) | $125 | $389 | $673 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $410 | $744 |
| Value after costs | $10,375 | $11,166 | $12,019 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
IBRAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $928.5M
- Portfolio turnover (prospectus): 80%
- Securities on loan, average value: $490K
- Net income from securities lending: $7K (0.004% of average net assets)
IBRAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $9K | 99.73% |
| JEFFERIES LLC | $25 | 0.27% |
IBRAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Bank of New York Mellon | $181.1M | 23.97% |
| J.P. Morgan Securities LLC | $119.4M | 15.80% |
| Wells Fargo Securities LLC | $70.2M | 9.29% |
| CitiGroup Global Markets Inc. | $68.1M | 9.01% |
| GOLDMAN SACHS & CO. LLC | $65.1M | 8.62% |
| BOFA SECURITIES, INC. | $61.8M | 8.17% |
| BARCLAYS CAPITAL, INC. | $59.7M | 7.90% |
| Truist Securities, Inc. | $53.0M | 7.02% |
| MUFG SECURITIES AMERICAS INC. | $43.2M | 5.71% |
| MORGAN STANLEY & CO. LLC | $34.0M | 4.50% |
Voya Inflation Protected Bond Plus Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IBRIX | Class I | 0.59% | none |
| IBRSX | Class S | 0.84% | — |
| IBRAX | Class ADV | 1.19% | none |
| IPBDX | C000280524 | — | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.