IFRRX Fees and Costs — Voya Floating Rate Fund, Class R
Data updated: 2025-08-25
The net expense ratio is 1.20%: a 0.65% management fee, a 0.50% 12b-1 fee plus 0.21% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $156 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 78%.
IFRRX Fees and Expenses
Annual operating expenses and sales charges of IFRRX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.20% |
| 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 |
IFRRX Costs Over Time
On $10,000 invested in IFRRX, assuming 5% a year before costs, total costs come to $748 over 5 years, cutting the return by 1.26% 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 1.20%) | $126 | $392 | $679 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $412 | $748 |
| Value after costs | $10,374 | $11,164 | $12,015 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
IFRRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $156
- Bought from dealers (principal trades, not a cost): $225.3M
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
IFRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $142 | 91.03% |
| CANTOR FITZGERALD & CO. | $14 | 8.97% |
IFRRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $50.2M | 25.35% |
| BOFA SECURITIES, INC. | $28.0M | 14.16% |
| BARCLAYS CAPITAL, INC. | $24.9M | 12.55% |
| MORGAN STANLEY & CO. LLC | $20.6M | 10.40% |
| GOLDMAN SACHS & CO. LLC | $20.3M | 10.24% |
| JEFFERIES LLC | $12.8M | 6.45% |
| CitiGroup Global Markets Inc. | $11.5M | 5.79% |
| UBS SECURITIES LLC | $11.1M | 5.61% |
| WELLS FARGO SECURITIES, LLC | $10.2M | 5.16% |
| RBC CAPITAL MARKETS, LLC | $8.5M | 4.28% |
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.