Voya Small Cap Growth Fund - Class I

Voya Small Cap Growth Fund was launched on or about April 4, 2022 after Voya’s acquisition of the investment advisory business of Tygh Capital Management (TCM) on January 1, 2022. In connection with this acquisition, the Board approved the reorganization of the TCM Small Cap Growth Fund with and into the Voya Small Cap Growth Fund. The historic performance provided prior to the launch date is that of the TCM Fund’s I share. This performance information reflects applicable fee waivers/expense limitations, if any, during the period shown and absent such fee waivers/expense limitations performance would have been lower. Performance for other share classes would differ to the extent they have differences in their fees and expenses. As a result of the reorganization, the TCM Fund’s shareholders received Class I shares of the Fund.

Class I: TCMSX
Class R6: VLNPX
For more information call 1 (800) 334-3444
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Voya Small Cap Growth Fund

Focusing on companies with strong growth prospects and cash flow generation capabilities

Daily Prices

as of August 17, 2022

Net Asset Value (NAV)$36.25
% Change-1.36
$ Change-0.50
YTD Return-15.89%

The Voya Small Cap Growth Fund Offers

Focus on earnings growth and cash flow generation

Bottom-up fundamental analysis identifies companies with superior revenue and earnings potential trading at sustainable valuations

Dedicated team

An experienced team of generalists with industry level expertise within a highly collaborative environment

All-weather management

A consistently applied investment process combined with experienced risk/reward judgment across a range of market environments

Product Facts

Ticker SymbolTCMSX
CUSIP92913L288
Inception DateOctober 1, 2004
Dividends PaidAnnually
Min. Initial Investment$250,000.00

About this Product

  • Invests primarily in stocks of smaller, lesser-known U.S. companies which fall within the range of the Russell 2000 Growth Index
  • Seeks companies with superior revenue and earnings potential that are trading at sustainable valuations
  • Consistently applied philosophy and process across various market cycles driven by bottom-up fundamental analysis
  • Diversified, high quality, risk adjusted portfolio positioned to outperform the Russell 2000 Growth Index

Investment Objective

The Fund seeks capital appreciation.

My Representatives

Broker/Dealer Services

1-800-334-3444

Contact Us

Performance

Average Annual Total Returns %

As of July 31, 2022

As of June 30, 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-18.79-15.00+8.07+10.95+14.110.93%0.93%
With Sales Charge-18.79-15.00+8.07+10.95+14.11
Net Asset Value-26.75-23.83+5.27+9.15+12.670.93%0.93%
With Sales Charge-26.75-23.83+5.27+9.15+12.67
Russell 2000 Growth Index-21.55-23.18+4.71+6.87+10.66
Russell 2000 Growth Index-29.45-33.43+1.40+4.80+9.30

Inception Date - Class I:October 1, 2004

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-Based Characteristics

As of July 31, 2022

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.

24.0322.1218.25
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.

0.910.930.91
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.

0.940.940.93
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.

3.474.143.92
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.

0.420.540.79
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.

0.530.750.67

Growth of a $10,000 Investment

For the period 08/31/2012 through 07/31/2022

Ending Value: $37,444.00

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, 2022

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.

$451.4
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

83
P/E next 12 months
P/E:

P/E (next 12 months) calculates the price of a stock divided by its earnings per share.

23.88
P/B trailing 12 months
P/B:

Price to book ratio (trailing 12 month) calculates the ratio of a stock’s price to its book value.

4.62
Weighted Average Market Cap millions
Weighted Average Market Cap:

Weighted Average Market Capitalization is the value of a corporation as determined by the market price of its issued and outstanding common stock.

$5,241.5
EPS Growth (3-5 Year Estimate)
EPS Growth (3-5 Year Estimate):

The portion of a company's profit allocated to each outstanding share of common stock. EPS growth serves as an indicator of a company's profitability.

18.25
Active Share
Active Share:

Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differ from the benchmark index.

87.85
Price to Cash Flow
Price to Cash Flow:

The ratio of a stock’s price to its cash flow per share. The price-to-cash flow ratio is an indicator of a stock’s valuation

25.93
ROA %
ROA:

ROA is an indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings.

2.83
Total

Top Holdings

% of Total Investments as of July 31, 2022

Chart Industries, Inc.3.54
CACI International, Inc.3.02
Genpact Ltd.2.95
Planet Fitness, Inc.2.94
WNS Holdings Ltd.2.71
Clean Harbors, Inc.2.62
Axonics, Inc.2.42
Casella Waste Systems, Inc.2.41
WillScot Mobile Mini Holdings Corp.2.15
Matador Resources Co.2.14
Total#,###.2

Portfolio Composition

as of July 31, 2022

Stocks98.30
Other1.70
Total#,###.2

Top Sectors

% of Total Investments as of July 31, 2022

Information Technology27.44
Industrials24.76
Health Care20.46
Consumer Discretionary11.70
Financials8.00
Energy5.38
Materials2.26
Total#,###.2

Top Country Weightings

% of Total Investments as of July 31, 2022

United States90.47
India2.71
Israel2.21
Canada1.91
Ireland1.62
Costa Rica1.08
Total#,###.2

Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.

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.
Richard Johnson

Richard Johnson, CFA

Head of Small Cap Growth

Years of Experience: 32

Years with Voya: 1

Richard Johnson is head of small cap growth at Voya Investment Management. Prior to joining Voya, he was a founder, CIO, and lead portfolio manager for Tygh Capital Management. Previously, Richard was CIO of Equities and the lead portfolio manager for the small/mid cap team at Columbia Management. Prior to that, he served as vice president and securities analyst for Provident Investment Counsel. Richard earned an MBA from the University of California Los Angeles and a BA in geology cum laude from Occidental College. He is a CFA® Charterholder.
Michael Coyne

Michael Coyne, CFA

Senior Portfolio Manager

Years of Experience: 25

Years with Voya: 1

Michael Coyne is a senior portfolio manager on the small cap growth team at Voya Investment Management. Prior to joining Voya, he was a portfolio manager at Tygh Capital Management. Previously, Michael was an equity analyst covering the retail sector at Columbia Management. Prior to that, he held financial analyst roles at Capital Resource Partners and Bear Stearns. Michael earned an MBA from the University of California Los Angeles and a BA in engineering science from Dartmouth College. He is a CFA® Charterholder.
Mitchell Brivic

Mitchell Brivic, CFA

Portfolio Manager

Years of Experience: 27

Years with Voya: 1

Mitchell Brivic is a portfolio manager on the small cap growth team at Voya Investment Management. Prior to joining Voya, he was a portfolio manager at Tygh Capital Management. Previously, Mitchell was a senior equity analyst on the small/mid cap team at Columbia Management. Prior to that, he served as an associate portfolio manager and senior equity analyst for small cap growth products at USAA Investment Management. Mitchell earned an MBA from The Wharton School of Business at University of Pennsylvania and a BBA summa cum laude from Baylor University. He is a CFA® Charterholder.
Scott Haugan

Scott Haugan, CFA

Portfolio Manager

Years of Experience: 23

Years with Voya: 1

Scott Haugan is a portfolio manager on the small cap growth team at Voya Investment Management. Prior to joining Voya, he was a portfolio manager at Tygh Capital Management. Previously, Scott was an institutional equity salesperson at First Analysis Securities. Prior to that, he held equity analyst/research analyst positions at Columbia Management and Pacific Crest Securities. Scott earned a BS in business from Montana State University and 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. In exchange for higher growth potential, investing in stocks of Smaller Companies may entail greater price volatility and less liquidity than investing in stocks of larger companies. Other risks of the Fund include but are not limited to: Company; Growth Investing; Investment Model; Market Trends; Other Investment Companies; 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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