VWAWX

About VWAWX

The 529 IA Voya International Bond Option Class C is a fixed income investment option within the IAdvisor 529 college savings plan. Its primary purpose is to provide exposure to international bond markets for individuals saving for education expenses under a tax-advantaged structure. This option invests solely in a corresponding Voya mutual fund that focuses on a diversified portfolio of international fixed income securities, seeking to balance current income with prudent risk management. Participants do not own shares of the underlying fund directly; instead, they own shares of the plan’s investment option, which reflects the performance of the underlying mutual fund, net of plan fees and charges. By targeting global fixed income markets, this option can help diversify a college savings portfolio beyond domestic securities, potentially reducing overall risk and volatility. The IAdvisor 529 plan is frequently used by families planning for future college costs, and including an international bond option allows for broader asset allocation strategies within the context of education savings goals.