VOYA STRATEGIC INCOME OPPORTUNITIES FUND
Voya Funds Trust · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
VOYA STRATEGIC INCOME OPPORTUNITIES FUND is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Mixed credit
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2025 Q3
The Fund seeks total return through income and capital appreciation through all market cycles.
The fund is managed by a sub-adviser that evaluates debt instruments across investment grades and below-investment-grade securities, floating rate loans, and derivatives, considering environmental, social, and governance factors alongside traditional credit and market analysis to seek positive returns across market cycles. The sub-adviser maintains a dollar-weighted average duration between −2 and 6 years, meaning the fund's sensitivity to interest rate moves will vary within that range. Because security selection depends on the sub-adviser's analysis and judgment of material factors affecting each investment, fund performance will diverge from any benchmark.
| Share class | Expense ratio |
|---|---|
| ISIAX | 0.87% |
| ISICX | 1.62% |
| IISIX | 0.62% |
| ISIRX | 1.12% |
| ISIWX | 0.62% |
| VSIRX | 0.55% |
Portfolio turnover 283.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Securitized | 54.47% |
| Bonds | 34.09% |
| Loans | 8.40% |
| Cash & short-term | 2.63% |
| Derivatives | 0.83% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Securitized | 59.7% |
| Other | 17.4% |
| Government | 5.6% |
| Financials | 3.8% |
| 12 smaller | 13.4% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION REMIC TRUST, VIRGINIA ELECTRIC & POWER COMPANY, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, FEDERAL NATIONAL MORTGAGE ASSOCIATION, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT ×3
Largest exited: Autozone, Inc., Federal National Mortgage Association, Constellation Energy Generation LLC, Entergy Corporation, Equifax Inc. ×2, McCormick & Company, Incorporated, Concord Minutemen Capital Company LLC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +5.15% | +19.79% | +14.06% | 1.99% | -1.35% | |
| +4.35% | +17.05% | +10.04% | 1.91% | -1.50% | |
| +5.38% | +20.64% | +15.52% | 1.95% | -1.42% | |
| +5.02% | +18.97% | +12.82% | 1.98% | -1.41% | |
| +5.40% | +20.68% | +15.56% | 1.95% | -1.32% | |
| +5.44% | +20.91% | +15.89% | 1.99% | -1.30% |
These classes hold the same portfolio, so the 5.85pp spread over 5 years is the cost difference between them — roughly 1.17pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 59.6% |
| Floating rate | 38.8% |
| Zero-coupon or unclassified | 1.6% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.6% |
| 1-3y | 13.0% |
| 3-5y | 7.7% |
| 5-10y | 14.1% |
| 10y+ | 63.1% |
| Unknown | 0.5% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 62% |
| Credit spreads | 38% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.36 yr |
| High yield | +0.97 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.06 yr | 1% |
| 1 yr | 1.86 yr | 47% |
| 5 yr | 1.62 yr | 41% |
| 10 yr | 0.38 yr | 10% |
30 yr is NEGATIVE (-0.02 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 1 yr | 0.63 yr | 27% |
| 5 yr | 1.44 yr | 61% |
| 10 yr | 0.26 yr | 11% |
| 30 yr | 0.02 yr | 1% |
3 mo is NEGATIVE (-0.01 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.06 | -0.01 | +0.01 | -$2.8k | $1.3k |
| 1 yr | +1.86 | +0.29 | +0.34 | $59.4k | $69.5k |
| 5 yr | +1.62 | +0.92 | +0.52 | $187.4k | $106.4k |
| 10 yr | +0.38 | +0.16 | +0.10 | $32.4k | $19.9k |
| 30 yr | -0.02 | +0.01 | +0.01 | $2.3k | $1.9k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 3.89 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION6.50% · due 2056-05-15 | 2.38% | $48.66M | — |
| — | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION6.50% · due 2056-06-15 | 2.36% | $48.40M | — |
| — | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION6.50% · due 2056-07-15 | 2.36% | $48.39M | — |
| — | FEDERAL NATIONAL MORTGAGE ASSOCIATION5.50% · due 2056-06-15 | 2.13% | $43.63M | — |
| — | Government National Mortgage Association6.50% · due 2055-09-20 | 1.97% | $40.28M | — |
| — | FEDERAL HOME LOAN MORTGAGE CORP5.23% floating · due 2055-02-25 | 1.52% | $31.06M | — |
| — | UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO8.50% · due 2038-11-18 | 1.23% | $25.11M | — |
| — | POLAND, REPUBLIC OF - STATE TREASURY5.00% · due 2035-10-25 | 1.19% | $24.40M | — |
| — | FEDERAL NATIONAL MORTGAGE ASSOCIATION3.50% · due 2056-06-15 | 1.09% | $22.42M | — |
| — | Government National Mortgage Association6.50% · due 2055-02-20 | 1.06% | $21.78M | — |
Top 10 positions are 17.30% of net assets, top 25 26.04%, across 1.1K issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free