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March 21, 2014 /PRNewswire/ -- ING U.S. Investment Management, which will rebrand as Voya Investment Management in
May 2014, today announced that the ING Intermediate Bond Fund, W (IIBWX) and ING GNMA Income Fund, I (LEINX) have been named the number one performers in their respective categories by the Lipper Fund Awards 2014 for the three-year period ending
December 31, 2013. The Lipper Awards recognize funds that have demonstrated consistent, strong risk-adjusted returns against their peers.
"We are honored to have won these citations by the Lipper Fund Awards," said Christine Hurtsellers, Chief Investment Officer for Fixed Income at ING U.S. Investment Management. "Our funds employ an active investment style that seeks to identify attractive securities by combining our global macro-economic view with in-depth, original research and strict risk controls. We believe this approach positions us well in today's uncertain economic and market environment to deliver value and downside protection."
The ING Intermediate Bond Fund, which was named number one in the Lipper Core Bond Fund category among 135 funds, is a broadly diversified strategy that seeks to deliver current income and total return by investing in a portfolio of fixed income securities that may include corporate, government and mortgage bonds. Viewed as a core fixed income holding, the fund actively adjusts allocations by such criteria as sector, yield and quality to take advantage of market opportunities.
The ING GNMA Income Fund, which was named number one in the GNMA Fund category of 20 funds, is one of the oldest funds in its sector. With a focus of achieving a high level of current income, the fund seeks to select GNMAs that can best withstand any impact of changing interest rates and prepayment volatility.
The ING Intermediate Bond Fund and The ING GNMA Income Fund are two of a broad suite of fixed income offerings. The firm's fixed income funds are run by a team of more than 100 research analysts and portfolio managers with expertise in all major segments of the global bond market.