Voya Intermediate Bond Fund Class R (IIBOX)

The Voya Intermediate Bond Fund Class R (IIBOX) is a mutual fund that primarily invests in a diversified portfolio of intermediate-term bonds. These bonds typically have a maturity of 3-10 years and are issued by a variety of entities such as corporations, governments, and municipalities. The fund aims to provide investors with a steady stream of income through interest payments while also maintaining a moderate level of risk. It is managed by Voya Investment Management and is suitable for investors seeking a balanced approach to fixed-income investing.