Voya Infrastructure, Industrials and Materials Fund (IDE)
Frequently Asked Questions About Voya Infrastructure, Industrials and Materials Fund (IDE)
Are there any fees associated with Voya IDE?
Yes, investing in Voya IDE may incur several fees, including management fees and other operating expenses. These fees are generally expressed as an expense ratio, which provides insight into the fund's overall cost structure. Investors should review the fund’s prospectus for detailed information on all associated fees and expenses.
How can I invest in Voya IDE?
Investing in the Voya Infrastructure, Industrials and Materials Fund can be done through a brokerage account that allows trading of stocks listed on the New York Stock Exchange. Investors can purchase shares of the fund just like any publicly traded stock, and it is advisable to review the fund's performance and investment strategy before making an investment decision.
How do I check the performance of Voya IDE?
The performance of Voya IDE can be checked through various financial news websites, brokerage platforms, or directly through the Voya Investment Management website. Investors can typically find key metrics such as NAV, historical performance, expense ratios, and distribution information to evaluate the fund's performance over time.
How does Voya IDE generate income for its investors?
Voya IDE generates income for its investors through a combination of dividends from equity investments and interest payments from fixed-income securities. The fund strategically invests in companies that are expected to provide sustainable income, along with capital gains from appreciation in stock price, thus contributing to its overall return.
How is Voya IDE affected by economic changes?
Voya IDE is influenced by economic changes due to its investments in infrastructure, industrials, and materials sectors, which are typically sensitive to economic cycles. Changes in economic growth, interest rates, and government policies can significantly impact the performance of companies within these sectors, thereby affecting the fund's returns.
How often does Voya IDE report its holdings?
Voya IDE typically provides updates on its portfolio holdings on a quarterly basis. These reports include detailed information about the securities held in the fund, their respective weightings, and changes in the portfolio over the reporting period. This transparency enables investors to assess the fund’s investment strategy and diversification.
Is Voya IDE a closed-end fund?
Yes, Voya Infrastructure, Industrials and Materials Fund is classified as a closed-end fund. This means that it has a fixed number of shares that are issued during its initial public offering (IPO) and subsequently traded on the stock exchange. Closed-end funds often trade at prices that differ from their net asset value (NAV), providing unique investment opportunities.
What are the tax implications of investing in Voya IDE?
Investing in Voya IDE may have tax implications that are common to mutual fund and closed-end fund investments. Distributions received by shareholders may be subject to federal, state, and local taxes. Additionally, capital gains may be incurred upon selling shares at a profit. Investors are encouraged to consult with tax professionals for personalized advice.
What does Voya Infrastructure, Industrials and Materials Fund do?
The Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end investment fund that primarily focuses on investing in public and private companies involved in the infrastructure, industrials, and materials sectors. The fund seeks to provide total return through a combination of capital appreciation and current income by investing in equity and debt securities that align with its investment objectives.
What is the distribution policy of Voya IDE?
Voya IDE follows a regular distribution policy, which may include dividend payments and capital gains distributions, if applicable. The specific payment amounts and frequency can vary based on the fund's performance and income generation. Shareholders typically receive distributions on a quarterly basis, although this can be subject to change.
What is the historical performance of Voya IDE?
The historical performance of Voya IDE can be analyzed through its annual returns and comparisons against relevant benchmarks. While past performance does not guarantee future results, the fund's track record offers insights into its management and investment strategy. Investors should refer to the fund's website or financial data providers for specific performance metrics.
What is the investment strategy of Voya IDE?
The investment strategy of the Voya Infrastructure, Industrials and Materials Fund involves a combination of fundamental analysis and market research to identify undervalued companies within its target sectors. The fund may invest in a diversified portfolio of equity and fixed income securities, using a blend of growth and value investing principles to enhance returns while managing risk.
What is the main objective of Voya IDE?
The main objective of the Voya Infrastructure, Industrials and Materials Fund is to provide shareholders with a high level of total return through a combination of capital appreciation and income generation. The fund primarily focuses on investments in sectors that are poised for growth, thereby seeking to achieve favorable returns over both the short and long term.
What is the typical investment horizon for Voya IDE?
Voya IDE generally caters to investors with a medium-to-long-term investment horizon. Since the fund seeks to capitalize on trends in infrastructure and industrial sectors, it is designed for those who are willing to hold their investments over several years to potentially maximize total return.
What risks are associated with investing in Voya IDE?
Investing in the Voya Infrastructure, Industrials and Materials Fund involves various risks, including market risk, sector risk, and interest rate risk. The performance of the fund can be influenced by broader economic conditions, policy changes, and fluctuations in the sectors it invests in. Investors should carefully consider these risks alongside their investment objectives before investing.
What sectors does the fund primarily invest in?
The Voya IDE fund primarily invests in sectors related to infrastructure, industrials, and materials. This includes companies engaged in utilities, transportation, energy infrastructure, construction, manufacturing, and materials production, among others. By focusing on these sectors, the fund aims to capitalize on long-term trends in economic growth and development.
What types of securities does Voya IDE invest in?
The Voya Infrastructure, Industrials and Materials Fund invests in a diverse range of securities, including common and preferred stocks, convertible securities, and fixed-income instruments. This variety allows the fund to pursue capital appreciation and income generation by diversifying across asset classes and sectors.
Who manages Voya IDE?
The Voya Infrastructure, Industrials and Materials Fund is managed by a team of investment professionals at Voya Investment Management. The management team is responsible for the strategic allocation of the fund's assets, selection of individual securities, and ongoing monitoring of investment performance to align with the fund's objectives.
What is the current price of Voya Infrastructure, Industrials and Materials Fund?
The current price of Voya Infrastructure, Industrials and Materials Fund is 10.61
When was Voya Infrastructure, Industrials and Materials Fund last traded?
The last trade of Voya Infrastructure, Industrials and Materials Fund was at 6:30 pm EDT on April 2nd, 2025