IPSSX Fees and Costs — Voya Index Plus Smallcap Portfolio, Class S
Data updated: 2026-08-24
The net expense ratio is 0.85%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $591K in broker commissions, 0.1676% of average net assets, and portfolio turnover was 76%.
IPSSX Fees and Expenses
Annual operating expenses and sales charges of IPSSX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
IPSSX Costs Over Time
On $10,000 invested in IPSSX, assuming 5% a year before costs, total costs come to $636 over 5 years, cutting the return by 1.07% 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 0.85%) | $89 | $278 | $483 |
| Trading costs (broker commissions) | $18 | $55 | $95 |
| Lost growth on money paid in costs | $0 | $17 | $58 |
| Total costs | $107 | $350 | $636 |
| Value after costs | $10,393 | $11,226 | $12,127 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
IPSSX 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): 0.1676%
- Total broker commissions: $591K
- Bought from dealers (principal trades, not a cost): $210.4M
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $6.2M
- Net income from securities lending: $22K (0.006% of average net assets)
IPSSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $289K | 49.05% |
| MORGAN STANLEY & CO. LLC | $247K | 41.91% |
| BOFA SECURITIES, INC. | $30K | 5.16% |
| JEFFERIES LLC | $10K | 1.64% |
| WELLS FARGO SECURITIES, LLC | $5K | 0.82% |
| JONESTRADING | $3K | 0.46% |
| EVERCORE GROUP LLC | $2K | 0.26% |
| SG AMERICAS SECURITIES LLC | $2K | 0.26% |
| CitiGroup Global Markets Inc. | $2K | 0.26% |
| CANTOR FITZGERALD & CO. | $1K | 0.18% |
IPSSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $210.4M | 100.00% |
Voya Index Plus Smallcap Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IPSIX | Class I | 0.60% | — |
| IPSSX | Class S | 0.85% | — |
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.