Voya Intermediate Bond Fund Class C (IICCX)

The Voya Intermediate Bond Fund Class C (IICCX) 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 the interest payments from these bonds, while also seeking to preserve capital and provide some potential for capital appreciation. As a Class C fund, it may have higher fees and expenses compared to other classes of the same fund, but may also offer a lower minimum investment requirement. Overall, the Voya Intermediate Bond Fund Class C is a conservative investment option for those seeking a balance of income and potential growth in their portfolio.