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Lewis Braham: How A Flexible Bond Fund Keeps Beating Its Peers: (ISIAX)
FYI: Matt Toms, the manager of the Voya Strategic Income Opportunities fund, loves change—how the daily twists and turns in the global economy affect bond markets. “Managing money is very different from engineering, where you get to build something and know it’s complete,” he says. “This job is never complete. That’s one of the fun parts about it.”
Yet Toms’ focus on fixed income itself has hardly changed. He has been a bond investor since he earned a business degree from the University of Michigan 25 years ago. “I’m a one-trick pony,” says Toms, 47. It’s a pretty neat trick, though. His $2.1 billion fund (ticker: ISIAX)—the A shares of which come with a 2.5% front-end load—has dominated its peers in Morningstar’s nontraditional bond category, besting 90% of them in the past five years with a 4.1% annualized return. Regards, Ted https://www.barrons.com/articles/how-a-flexible-bond-fund-keeps-beating-its-peers-51564576200?refsec=bonds
