Voya Large Cap Value Fund - Class A

Class A: IEDAX
Class C: IEDCX
Class I: IEDIX
Class R: IEDRX
Class R6: IEDZX
Class W: IWEDX
For more information call 1 (800) 334-3444
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Voya Large Cap Value Fund

Seeking the Benefit of Both High-Dividend Yield and Dividend Growth Potential

The Voya Large Cap Value Fund Offers

Focus on excess capital yield

Focus on the source of capital return (excess capital), rather than return itself (i.e. dividends)

Dynamic valuation discipline

Utilize dynamic valuation measures analyzed relative to peer group and normalized to account for stock’s historical value and volatility

Alpha not dominated by one factor regime or macro driver

Minimize unwanted factor exposure and focus on stock selection to help deliver alpha above style beta

Product Facts

Ticker SymbolIEDAX
CUSIP92913K645
Inception DateDecember 18, 2007
Dividends PaidQuarterly
Min. Initial Investment$1,000.00

About this Product

  • This strategy seeks to capture the benefits of both high-dividend yield and dividend growth by investing primarily in large-capitalization, dividend paying companies
  • Actively managed portfolio aiming to achieve a dividend yield that exceeds the average dividend yield of the companies included in the Russell 1000® Value Index
  • Managed in an equity income style, seeking to deliver a high dividend focused investment strategy with lower volatility than the broad market
  • May invest in foreign securities, including emerging markets, but primarily invests in U.S. and Canadian companies

Investment Objective

The Fund seeks long-term growth of capital and current income.

My Representatives

Contact your Voya Representative to gain access to program materials.

1-800-334-3444

Contact Us

Performance

Average Annual Total Returns %

As of February 28, 2023

As of December 31, 2022

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value+3.17+0.39+14.23+8.90+9.491.15%1.10%
With Sales Charge-2.81-5.40+11.99+7.62+8.84
Net Asset Value-3.74-3.74+8.68+7.99+9.841.15%1.10%
With Sales Charge-9.31-9.31+6.57+6.72+9.20
Russell 1000 Value Index+1.47-2.81+10.96+7.22+9.60
Russell 1000 Value Index-7.54-7.54+5.96+6.67+10.29

Inception Date - Class A:December 18, 2007

Current Maximum Sales Charge: 5.75%

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.

Yields

As of February 28, 2023

SEC 30-Day Yield (Unsubsidized)
SEC 30-Day Yield (Unsubsidized):

A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's gross expenses. Negative 30-Day SEC Yield results when accrued expenses of the past 30 days exceed the income collected during the past 30 days.

1.11
SEC 30-Day Yield (Subsidized)
SEC 30-Day Yield (Subsidized):

A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's net expenses (net of any expense waivers or reimbursements).

1.16
Distribution Yield @ NAV
Distribution Yield @ NAV:

Current annualized distribution rate based upon NAV is the latest dividend shown as an annualized percentage of net asset value.

1.22
Distribution Yield @ MOP
Distribution Yield @ MOP:

Current annualized distribution rate, based upon maximum offering price which is adjusted for sales changes (MOP), where applicable, is the latest dividend shown as an annualized percentage of maximum offering price.

1.15

Returns-Based Characteristics

As of February 28, 2023

3 Year5 Year10 Year
Standard Deviation
Standard Deviation:

A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk.

21.9919.2115.27
Beta
Beta:

The sensitivity of a portfolio's returns to changes in the return of the market as measured by the index or benchmark that represents the market. A portfolio with a beta of 1.0 behaves exactly like the index. A beta less than 1.0 suggests lower risk than the index, while a beta greater than 1.0 indicates a risk level higher than the index.

1.041.011.00
R2
R2:

The proportion of the variation in a portfolio's returns that can be explained by the variability of the returns of an index. High R-squared (close to 1.0) is usually consistent with broad diversification.

0.980.980.97
Alpha
Alpha:

A measure of risk-adjusted performance; alpha reflects the difference between a portfolio's actual return and the return that could be expected give its risk as measured by beta.

2.651.57-0.09
Sharpe Ratio
Sharpe Ratio:

A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance.

0.680.470.62
Information Ratio
Information Ratio:

The ratio of portfolio returns in excess of a market index to the variability of those excess returns; in effect, information ratio describes the value added by active management in relation to the risk taken to achieve those returns.

1.090.58-0.05

Growth of a $10,000 Investment

For the period 03/31/2013 through 02/28/2023

Ending Value: $24,756.00

The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.

Ratings

Morningstar™ Ratings

As of February 28, 2023

Overall3 Year5 Year10 Year
1149 Funds1149 Funds1100 Funds818 Funds

Category: Large Value

Investment Team

View Fund Adviser/Sub Adviser

Portfolio Management Team

Voya Investments, LLC

Investment Adviser

Voya Investments, an Arizona limited liability company, serves as the investment adviser to the Fund. Voya Investments has overall responsibility for the management of the Fund. Voya Investments oversees all investment advisory and portfolio management services and assists in managing and supervising all aspects of the general day-to-day business activities and operations of the Fund, including custodial, transfer agency, dividend disbursing, accounting, auditing, compliance and related services. Voya Investments is registered with the SEC as an investment adviser. Voya Investments' principal office is located at 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, Arizona 85258.

Voya Investment Management Co. LLC

Investment Sub-Adviser

Voya Investment Management Co. LLC (“Voya IM” or “Sub-Adviser”), a Delaware limited liability company, was founded in 1972 and is registered with the SEC as an investment adviser. Voya IM is an indirect, wholly-owned subsidiary of Voya Financial, Inc. and is an affiliate of the Adviser. Voya IM has acted as adviser or sub-adviser to mutual funds since 1994 and has managed institutional accounts since 1972. The principal office of Voya IM is located at 230 Park Avenue, New York, New York 10169.
Vincent Costa

Vincent Costa, CFA

Chief Investment Officer, NY Equities

Years of Experience: 38

Years with Voya: 17

Vincent Costa is chief investment officer, NY equities at Voya Investment Management. Vincent is also the head of the global quantitative equity team and serves as a portfolio manager for the active quantitative and fundamental large cap value strategies. Previously at Voya, he was head of portfolio management for quantitative equity. Prior to joining Voya, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. Vinnie earned an MBA in finance from New York University's Stern School of Business, a BS in quantitative business analysis from Pennsylvania State University, and is a CFA® Charterholder.
James Dorment

James Dorment, CFA

Co-Head of Fundamental Research and Portfolio Manager

Years of Experience: 28

Years with Voya: 15

James Dorment is co-head of fundamental research and portfolio manager for the large cap value strategies at Voya Investment Management. Jim also covers the consumer discretionary sector. Prior to joining Voya, he was a senior research analyst from Columbia Management. Previously, he worked at U.S. Trust analyzing and investing in a broad range of industries in both public and private equity markets. Jim earned a BA in economics from Bates College and is a CFA® Charterholder.
Gregory Wachsman

Gregory Wachsman, CFA

Equity Analyst and Portfolio Manager

Years of Experience: 24

Years with Voya: 6

Gregory Wachsman is a portfolio manager on the large cap fundamental research team and is also an analyst covering the financials sector at Voya Investment Management. Prior to joining Voya, Greg was an equity analyst at Lord Abbett & Co, where he covered U.S. banks, brokers, specialty finance and exchanges. Prior to that, he worked at UBS Global Asset Management, covering U.S. regional banks and specialty finance. Gregory earned an MBA from The University of Chicago Booth School of Business and a BA from Northwestern University. He is a CFA® Charterholder.

Disclosures

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. An investment in securities of Larger Companies carries with it the risk that the company (and its earnings) may grow more slowly than the economy as a whole or not at all. Value Investing Securities that appear to be undervalued may never appreciate to the extent expected and are generally more sensitive to changing economic conditions, Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. The risks of Emerging Markets securities may be intensified. Because the Fund may invest in Other Investment Companies, you may pay a proportionate share of the expenses of that other investment company, in addition to the expenses of the Fund. Other risks of the Fund include but are not limited to: Company, Convertible Securities; Dividend Risks; Interest Rate, Investment Model, Market Trends; Inability to Sell Securities; Real Estate Companies and Real Estate Investment Trusts ("REITs") and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.

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