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Voya Aggregate Bond Portfolio now expected to reorganize in August
By Toni Weeks
San Luis Obispo, Calif., March 13 – The board of directors of Voya Partners, Inc. announced that the Voya Aggregate Bond Portfolio, formerly the VY Pimco Bond Portfolio, will be reorganized with and into the Voya Intermediate Bond Portfolio on Aug. 14, not the previously announced July 17, according to a 497 filing with the Securities and Exchange Commission.
The reorganization, which was approved by the board on Nov. 20, still needs shareholder approval.
The Voya Aggregate Bond Portfolio seeks maximum total return, consistent with capital preservation and prudent investment management, by investing at least 80% of its net assets in investment-grade corporate, government and mortgage bonds.
West Chester, Pa.-based Directed Services LLC is the investment adviser.
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