Overview
Fund Tagline
A disciplined approach to discovering long-term value opportunities among U.S. and non-U.S. mid-cap companies.
Fund Description
View important disclosureProduct Facts
Ticker Symbol | IMCVX |
CUSIP | 92913K793 |
Inception Date | October 3, 2011 |
Dividends Paid | Annually |
Min. Initial Investment | $250,000.00 |
- The Fund normally invests at least 80% of its net assets in common stocks of mid-capitalization companies that fall within the collective range of companies within the Russell Midcap® Index and the S&P MidCap 400 Index.
- The Fund focuses on securities that the sub-advisers believe are undervalued in the marketplace.
- The Fund expects to invest primarily in securities of U.S.-based companies, but may also invest in securities of foreign (non-U.S.) companies.
- The Fund may also invest up to 20% of its net assets in real estate investment trusts (“REITs”)
- Voya Investment Management Co., LLC and Victory Capital Management Inc. provide the day-to-day management of the Fund and utilize their own respective methodologies when selecting investments
The Fund seeks long-term capital appreciation.
- The Fund normally invests at least 80% of its net assets in common stocks of mid-capitalization companies that fall within the collective range of companies within the Russell Midcap® Index and the S&P MidCap 400 Index.
- The Fund focuses on securities that the sub-advisers believe are undervalued in the marketplace.
- The Fund expects to invest primarily in securities of U.S.-based companies, but may also invest in securities of foreign (non-U.S.) companies.
- The Fund may also invest up to 20% of its net assets in real estate investment trusts (“REITs”)
- Voya Investment Management Co., LLC and Victory Capital Management Inc. provide the day-to-day management of the Fund and utilize their own respective methodologies when selecting investments
The Fund seeks 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 | +1.91 | +1.93 | +6.96 | +11.72 | +6.96 | 0.80% | 0.79% |
With Sales Charge | +1.91 | +1.93 | +6.96 | +11.72 | +6.96 | ||
Net Asset Value | +0.42 | +6.21 | +9.36 | +12.23 | +6.78 | 0.80% | 0.79% |
With Sales Charge | +0.42 | +6.21 | +9.36 | +12.23 | +6.78 | ||
Russell Midcap Value Index | +4.97 | +7.06 | +8.96 | +13.07 | +8.60 | — | — |
Russell Midcap Value Index | +3.12 | +11.53 | +11.34 | +13.71 | +8.39 | — | — |
Inception Date - Class I: October 3, 2011
Current Maximum Sales Charge: 0.00%
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.
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: $19,603.00
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 | +1.91 | +1.93 | +6.96 | +11.72 | +6.96 | 0.80% | 0.79% |
With Sales Charge | +1.91 | +1.93 | +6.96 | +11.72 | +6.96 | ||
Net Asset Value | +0.42 | +6.21 | +9.36 | +12.23 | +6.78 | 0.80% | 0.79% |
With Sales Charge | +0.42 | +6.21 | +9.36 | +12.23 | +6.78 | ||
Russell Midcap Value Index | +4.97 | +7.06 | +8.96 | +13.07 | +8.60 | — | — |
Russell Midcap Value Index | +3.12 | +11.53 | +11.34 | +13.71 | +8.39 | — | — |
Inception Date - Class I: October 3, 2011
Current Maximum Sales Charge: 0.00%
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.
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: $19,603.00
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.
Investment Team
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: Company; Currency; Derivative Instruments; Environmental, Social, and Governance (Multi-Manager); Focused Investing (Index); Foreign (Non-U.S.) Investments; Index Strategy (Fund); Industrials Sector (Focused Investing Index); Investment Model; Liquidity; Market; Market Disruption and Geopolitical; Mid-Capitalization Company; Other Investment Companies; Real Estate Companies and Real Estate Investment Trusts; Securities Lending; 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.