Overview
Fund Tagline
A disciplined approach to discovering long-term growth opportunities among small cap companies outside of the U.S.
Fund Description
View important disclosureProduct Facts
| Ticker Symbol | NTKLX |
| CUSIP | 92913X779 |
| Inception Date | August 31, 1994 |
| Dividends Paid | Annually |
| Min. Initial Investment | $1,000.00 |
- The Fund normally invests at least 80% of its net assets in investments tied to small-capitalization companies that fall within the capitalization range of companies within the S&P Developed ex-U.S. Small Cap Index.
- At least 65% of the Fund's assets will normally be invested in companies located outside the United States, including companies located in countries with emerging securities markets. The Fund may invest up to 35% of its assets in U.S. issuers.
- Acadian Asset Management LLC (“Acadian”) and Victory Capital Management Inc. (“Victory Capital”) (each, a “Sub-Adviser” and together, the “Sub-Advisers”) provide the day-to-day management of the Fund. The Sub-Advisers act independently of each other and use their own methodology for selecting investments. The Investment Adviser will determine the amount of Fund assets allocated to each Sub-Adviser.
The Fund seeks maximum long-term capital appreciation.
- The Fund normally invests at least 80% of its net assets in investments tied to small-capitalization companies that fall within the capitalization range of companies within the S&P Developed ex-U.S. Small Cap Index.
- At least 65% of the Fund's assets will normally be invested in companies located outside the United States, including companies located in countries with emerging securities markets. The Fund may invest up to 35% of its assets in U.S. issuers.
- Acadian Asset Management LLC (“Acadian”) and Victory Capital Management Inc. (“Victory Capital”) (each, a “Sub-Adviser” and together, the “Sub-Advisers”) provide the day-to-day management of the Fund. The Sub-Advisers act independently of each other and use their own methodology for selecting investments. The Investment Adviser will determine the amount of Fund assets allocated to each Sub-Adviser.
The Fund seeks maximum long-term capital appreciation.
Performance
Average Annual Total Returns %
As of July 31, 2025
As of June 30, 2025
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +24.92 | +21.79 | +13.97 | +11.08 | +7.56 | 1.60% | 1.54% |
| With Sales Charge | +17.75 | +14.78 | +11.74 | +9.77 | +6.92 | ||
| Net Asset Value | +25.03 | +26.41 | +16.53 | +12.56 | +7.60 | 1.60% | 1.54% |
| With Sales Charge | +17.84 | +19.15 | +14.25 | +11.23 | +6.96 | ||
| S&P Developed Ex-U.S. SmallCap Index | +22.35 | +16.28 | +11.04 | +8.41 | +6.47 | — | — |
| MSCI EAFE Small Cap Index | +20.79 | +15.76 | +10.87 | +8.54 | +6.41 | — | — |
| S&P Developed Ex-U.S. SmallCap Index | +21.64 | +20.47 | +13.13 | +9.40 | +6.38 | — | — |
| MSCI EAFE Small Cap Index | +20.89 | +22.46 | +13.30 | +9.28 | +6.51 | — | — |
Inception Date - Class A: August 31, 1994
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.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
The S&P Developed ExU.S. Small Cap Index seeks to measure the stocks representing the lowest 15% of float-adjusted market cap in each developed country, excluding the U.S.
The index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by Voya. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Voya or its products or services are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the index.
The MSCI Europe, Australasia and Far East (EAFE) Small Cap Index is an unmanaged index which measures the performance of small capitalization equities among developed markets around the world, excluding the United States and Canada.
Past performance does not guarantee future results.
Growth of a $10,000 Investment
For the period 08/31/2015 through 07/31/2025
Ending Value: $20,720.00
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.
Average Annual Total Returns %
As of July 31, 2025
As of June 30, 2025
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +24.92 | +21.79 | +13.97 | +11.08 | +7.56 | 1.60% | 1.54% |
| With Sales Charge | +17.75 | +14.78 | +11.74 | +9.77 | +6.92 | ||
| Net Asset Value | +25.03 | +26.41 | +16.53 | +12.56 | +7.60 | 1.60% | 1.54% |
| With Sales Charge | +17.84 | +19.15 | +14.25 | +11.23 | +6.96 | ||
| S&P Developed Ex-U.S. SmallCap Index | +22.35 | +16.28 | +11.04 | +8.41 | +6.47 | — | — |
| MSCI EAFE Small Cap Index | +20.79 | +15.76 | +10.87 | +8.54 | +6.41 | — | — |
| S&P Developed Ex-U.S. SmallCap Index | +21.64 | +20.47 | +13.13 | +9.40 | +6.38 | — | — |
| MSCI EAFE Small Cap Index | +20.89 | +22.46 | +13.30 | +9.28 | +6.51 | — | — |
Inception Date - Class A: August 31, 1994
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.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
The S&P Developed ExU.S. Small Cap Index seeks to measure the stocks representing the lowest 15% of float-adjusted market cap in each developed country, excluding the U.S.
The index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by Voya. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Voya or its products or services are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the index.
The MSCI Europe, Australasia and Far East (EAFE) Small Cap Index is an unmanaged index which measures the performance of small capitalization equities among developed markets around the world, excluding the United States and Canada.
Past performance does not guarantee future results.
Growth of a $10,000 Investment
For the period 08/31/2015 through 07/31/2025
Ending Value: $20,720.00
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.
Portfolio
Portfolio Statistics
As of July 31, 2025
| Net Assets millions Net Assets The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. | $393.4 |
| Number of Holdings Number of Holdings Number of Holdings in the investment. | 1,369 |
| Total |
Top Holdings
As of July 31, 2025
| Klepierre SA - 7582556 | 1.43 |
| Mapfre SA - B1G40S0 | 1.09 |
| Celestica, Inc. - BSCB6L9 | 0.99 |
| Vanguard FTSE Developed Markets ETF - 921943858 | 0.89 |
| Accelleron Industries AG - BNM73Q6 | 0.83 |
| Logitech International SA - B18ZRK2 | 0.83 |
| Bankinter S.A. - 5474008 | 0.79 |
| Swissquote Group Holding SA - B1X3KP7 | 0.77 |
| ROCKWOOL A/S - BRJCHK4 | 0.75 |
| Finning International, Inc. - 2339177 | 0.71 |
| Total | #,###.2 |
Portfolio Statistics
As of July 31, 2025
| Net Assets millions Net Assets The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. | $393.4 |
| Number of Holdings Number of Holdings Number of Holdings in the investment. | 1,369 |
| Total |
Top Holdings
As of July 31, 2025
| Klepierre SA - 7582556 | 1.43 |
| Mapfre SA - B1G40S0 | 1.09 |
| Celestica, Inc. - BSCB6L9 | 0.99 |
| Vanguard FTSE Developed Markets ETF - 921943858 | 0.89 |
| Accelleron Industries AG - BNM73Q6 | 0.83 |
| Logitech International SA - B18ZRK2 | 0.83 |
| Bankinter S.A. - 5474008 | 0.79 |
| Swissquote Group Holding SA - B1X3KP7 | 0.77 |
| ROCKWOOL A/S - BRJCHK4 | 0.75 |
| Finning International, Inc. - 2339177 | 0.71 |
| Total | #,###.2 |
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Payment Frequency: Annually
| Distributions | Ex-Date
Ex-Date Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date. | Payable Date
Payable Date Date on which a declared stock dividend or a bond interest payment is scheduled to be paid. | Record Date
Record Date Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend. | Amount |
|---|---|---|---|---|
| Income Dividend | 12/12/2024 | 12/13/2024 | 12/11/2024 | $1.358000 |
| Totals: $1.358000 | ||||
Income Dividend: Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
Short-Term Capital Gain: The profit realized from the sale of securities held for less than one year.
Long-Term Capital Gain: Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.
Investment Team
Portfolio Management Team
Voya Investments, LLC
Investment Adviser
Acadian Asset Management, LLC
Investment Sub-Adviser
Victory Capital
Investment Sub-Adviser
Barbara Reinhard, CFA
CIO, Multi-Asset Strategies and Solutions
Years of Experience: 32
Years with Voya: 9
Lanyon Blair, CFA, CAIA
Head of Manager Research and Selection
Years of Experience: 17
Years with Voya: 10
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: China Investing Risks – Investing through Stock Connect; Company; Convertible Securities; Credit; Currency; Derivative Instruments; Environmental, Social, and Governance (Equity); Environmental, Social, and Governance (Multi-Manager); Environmental, Social, and Governance (Qualitative); Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Index Strategy (Fund); Growth Investing; Interest Rate; Investment Model; Liquidity; Market; Market Disruption and Geopolitical; Other Investment Companies; Real Estate Companies and Real Estate Investment Trusts; Securities Lending; Small-Capitalization Company; Value Investing. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.
The fund discussed may be available to you as part of your employer sponsored retirement plan. There may be additional plan level fees resulting in personal performance that varies from stated performance. Please call your benefits office for more information.