Fund seeks to emphasize capital preservation, followed by liquidity and positive total return
Product Facts
| Ticker Symbol | VVJBX |
| CUSIP | 92913L254 |
| Inception Date | February 9, 2023 |
| Dividends Paid | Monthly |
| Min. Initial Investment | $1,000.00 |
About this Product
- Under normal markets conditions, the Fund invests at least 80% of its net assets in debt securities rated below investment grade
- Aims to maintain a duration of 1.5 to 2 years
- May invest up to 20% in bank loans
Investment Objective
The Fund seeks a high level of current income with lower volatility than the broader high yield market.
Performance
Average Annual Total Returns %
As of October 31, 2024
As of September 30, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Inception | Expense Ratios | |
|---|---|---|---|---|---|---|---|---|
| Gross | Net | |||||||
| Net Asset Value | +7.00 | +13.48 | — | — | — | +9.61 | 0.97% | 0.85% |
| With Sales Charge | +4.34 | +10.65 | — | — | — | +7.99 | ||
| Net Asset Value | +6.94 | +12.00 | — | — | — | +10.09 | 0.97% | 0.85% |
| With Sales Charge | +4.28 | +9.15 | — | — | — | +8.38 | ||
| ICE BofA 1-3 Year BB US Cash Pay High Yield Index | +5.83 | +10.23 | — | — | — | +7.40 | — | — |
| ICE BofA 1-3 Year US Treasury Index | +3.54 | +5.76 | — | — | — | +4.37 | — | — |
| ICE BofA 1-3 Year BB US Cash Pay High Yield Index | +5.89 | +10.13 | — | — | — | +7.82 | — | — |
| ICE BofA 1-3 Year US Treasury Index | +4.15 | +6.74 | — | — | — | +4.97 | — | — |
Inception Date - Class A:February 9, 2023
Current Maximum Sales Charge: 2.50%
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.
Yields
As of October 31, 2024
| 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. | 6.56 |
| 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). | 6.56 |
| 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. | 7.59 |
| 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. | 7.40 |
Distributions
Payment Frequency: Monthly
| 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 | 10/31/2024 | $0.066142 | ||
| Income Dividend | 09/30/2024 | $0.063660 | ||
| Income Dividend | 08/30/2024 | $0.066681 | ||
| Income Dividend | 07/31/2024 | $0.066030 | ||
| Income Dividend | 06/28/2024 | $0.064920 | ||
| Income Dividend | 05/31/2024 | $0.065441 | ||
| Income Dividend | 04/30/2024 | $0.063570 | ||
| Income Dividend | 03/28/2024 | $0.067611 | ||
| Income Dividend | 02/29/2024 | $0.060030 | ||
| Income Dividend | 01/31/2024 | $0.065499 | ||
| Income Dividend | 12/29/2023 | $0.063752 | ||
| Income Dividend | 11/30/2023 | $0.065823 | ||
| Income Dividend | 10/31/2023 | $0.066117 | ||
| Totals: $0.845277 | ||||
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
Voya Investment Management Co. LLC
Investment Sub-Adviser
James Dudnick, CFA
Senior Vice President, Lead Portfolio Manager - Income & Growth
Years with Voya: 19
Steven Gish, CFA
Senior Vice President, Lead Portfolio Manager - Income & Growth
Years with Voya: 19
Justin M Kass, CFA
Senior Managing Director, Chief Investment Officer, Co-Head of Income & Growth
Years with Voya: 24
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: Bank instruments; Collateralized Loan Obligations and Other Collateralized Obligations; Company; Covenant-Lite Loans; Credit; Credit Default Swaps; Currency; Derivative Instruments; Environmental, Social, and Governance (Fixed Income); Floating Rate Loans; Foreign (Non-U.S.) Investments; High-Yield Securities; Interest in Loans; Interest Rate; Investment Model; Large Shareholder Risk; Liquidity; Market; Market Disruption and Geopolitical; Other Investment Companies; Portfolio Turnover; Preferred Stocks; Prepayment and Extension; Securities Lending; U.S. Government Securities and Obligations. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.
Growth of a $10,000 Investment
For the period 02/09/2023 through 10/31/2024
Ending Value: $11,712.00
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.