IEMKX Fees and Costs — Voya Multi-Manager Emerging Markets Equity Fund, Class R
Data updated: 2026-09-25
The net expense ratio is 1.72%: a 1.00% management fee, a 0.50% 12b-1 fee plus 0.40% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $246K in broker commissions, 0.1174% of average net assets, and portfolio turnover was 51%.
IEMKX Fees and Expenses
Annual operating expenses and sales charges of IEMKX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.90% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.72% |
| 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 | No |
IEMKX Costs Over Time
On $10,000 invested in IEMKX, assuming 5% a year before costs, total costs come to $1,130 over 5 years, cutting the return by 1.93% 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 1.72%) | $181 | $559 | $960 |
| Trading costs (broker commissions) | $12 | $38 | $66 |
| Lost growth on money paid in costs | $0 | $30 | $104 |
| Total costs | $193 | $626 | $1,130 |
| Value after costs | $10,307 | $10,950 | $11,633 |
| Impact on return, per year | 1.93% | 1.93% | 1.93% |
IEMKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1174%
- Total broker commissions: $246K
- Bought from dealers (principal trades, not a cost): $139.2M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $31K (0.015% of average net assets)
IEMKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $57K | 27.20% |
| MORGAN STANLEY & CO. LLC | $29K | 13.84% |
| CITIGROUP GLOBAL MARKETS INC. | $29K | 13.59% |
| UBS Securities LLC | $24K | 11.31% |
| JEFFERIES LLC | $18K | 8.49% |
| JONESTRADING | $16K | 7.79% |
| HSBC SECURITIES (USA) INC. | $14K | 6.68% |
| J.P. Morgan Securities LLC | $10K | 4.82% |
| EVERCORE GROUP LLC | $7K | 3.44% |
| GOLDMAN SACHS & CO. LLC | $6K | 2.85% |
IEMKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $135.8M | 97.53% |
| BOFA SECURITIES, INC. | $3.3M | 2.38% |
| Malaysia Airports Holdings | $108K | 0.08% |
| J.P. Morgan Securities LLC | $18K | 0.01% |
Voya Multi-Manager Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IEMGX | Class I | 1.12% | none |
| IEMLX | Class W | 1.22% | none |
| IEMHX | Class A | 1.47% | 5.75% |
| IEMKX | Class R | 1.72% | none |
| IEMJX | Class C | 2.22% | none |
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.