IACIX – Fund Analysis – VY® American Century Sm-Mid Cp Val I | Morningstar

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Will IACIX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IACIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the IACIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of IACIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A decent combination, but be careful of fees.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Voya American Century Small-Mid Cap Value offers a good subadvisor combination, even as both have struggled with performance headwinds in recent years. However, higher fees limit appeal in three of its four share classes.

by Drew Carter

Rated on Oct 2, 2026 Published on Oct 2, 2026

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