What is a senior loan fund?

What are Senior Loans? Senior loans are debt securities typically used by companies to finance their operations, support business expansion, and refinance existing debt. They are known as “senior” loans due to their position atop of a borrowing company’s capital structure.

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Herein, are senior loans risky?

Not Risk-Free

In a nutshell, Senior loans are riskier than investment-grade corporate bonds but slightly less risky than high-yield bonds. It’s important to keep in mind that valuations in this market segment can change quickly. … In other words, just because the bonds are “senior” doesn’t mean they aren’t volatile.

Furthermore, are senior loans safe? Because senior bank loans take precedence in the repayment structure they are relatively safe, though they are still considered non-investment grade assets, as most of the time the corporate loans in the bundle are made to non-investment grade companies.

Also, are Voya funds good?

Voya Financial is a financially strong and stable company that has been rewarded an A (excellent) rating from AM Best. The “A” rating assures customers that Voya is an insurance company capable of offering guaranteed, secure coverage.

Does Voya have its own funds?

Many of Voya’s mutual funds have been around longer than the Voya name itself. … Within the various investment categories, Voya offers a range of actively managed strategies to help investors meet specific objectives. Voya funds are frequently offered in 401(k) and similar retirement plans.

Does Voya have Vanguard funds?

I understand about different share classes, but this seems like Voya has created some derivative funds of Vanguard funds, and uses the EXACT same names as the Vanguard funds.

What funds does VOYA offer?

Voya Investment Management offers a variety of retirement investment solutions – including target date, target risk, equity, fixed income and real estate mutual funds and variable portfolios. The variable portfolios are available exclusively within variable insurance products and retirement programs.

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