Voya U.S. High Dividend Low Volatility Fund - Class A

Class A: VHDAX
Class I: VHDIX
Class R6: VHDRX
For more information call 1 (800) 334-3444
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Voya U.S. High Dividend Low Volatility Fund

A fundamentally guided, quantitative-selection driven strategy providing risk-adjusted yield

Daily Prices

as of May 24, 2024

Net Asset Value (NAV)$10.82
% Change+0.28
$ Change+0.03
YTD Return6.88%

Product Facts

Ticker SymbolVHDAX
CUSIP92913K520
Inception DateDecember 6, 2016
Dividends PaidQuarterly
Min. Initial Investment$1,000.00

About this Product

  • Actively managed equity strategy designed to deliver excess returns and high-dividend income at lower levels of volatility relative to the overall market.
  • Unique approach uses fundamentally driven sector-specific models to identify the most attractive stocks within each sector.
  • Stock selection is model-driven.

Investment Objective

The Fund seeks to maximize total return.

Performance

Average Annual Total Returns %

As of April 30, 2024

As of March 31, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRInceptionExpense Ratios
GrossNet
Net Asset Value+4.61+10.99+5.84+8.25+9.451.15%0.60%
With Sales Charge-1.39+4.65+3.77+6.96+8.58
Net Asset Value+9.12+16.91+8.88+9.87+10.201.15%0.60%
With Sales Charge+2.87+10.21+6.74+8.58+9.31
Russell 1000 Value Index+4.33+13.42+5.17+8.60+8.65
Russell 1000 Value Index+8.99+20.27+8.11+10.32+9.41

Inception Date - Class A:December 6, 2016

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 April 30, 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.

1.84
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).

2.16
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.

2.36
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.

2.23

Returns-Based Characteristics

As of April 30, 2024

3 Year5 Year10 Year
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.

0.820.42
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.

0.850.85
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.

0.15-0.07
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.

0.940.95
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.

0.190.37
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.

14.5816.50

Growth of a $10,000 Investment

For the period 12/06/2016 through 04/30/2024

Ending Value: $19,507.00

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 April 30, 2024

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.

$26.7
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

173
P/E next 12 months
P/E:

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

16.26
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.

3.72
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.

$110,930.3
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.

8.25
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.

68.74
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

13.74
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.

6.77
Total

Top Holdings

% of Total Investments as of April 30, 2024

Johnson & Johnson2.21
Merck & Co., Inc.1.93
Cisco Systems, Inc.1.45
Verizon Communications Inc.1.45
Procter & Gamble Company1.39
Philip Morris International Inc.1.27
Comcast Corporation 1.25
AT&T Inc.1.15
Cigna Group1.07
ConocoPhillips1.03
Total#,###.2

Portfolio Composition

as of April 30, 2024

Foreign Stocks0.00
Cash0.60
Mutual Funds1.29
EM Equity1.24
US Common Stocks96.86
Total#,###.2

Top Sectors

% of Total Investments as of April 30, 2024

FINANCIALS22.28
INDUSTRIALS14.87
HEALTH CARE14.69
CONSUMER STAPLES9.09
ENERGY7.17
INFORMATION TECHNOLOGY7.01
UTILITIES5.91
COMMUNICATION SERVICES5.89
CONSUMER DISCRETIONARY5.19
REAL ESTATE4.55
MATERIALS3.37
Total#,###.2

Top Country Weightings

% of Total Investments as of April 30, 2024

United States98.73
Bermuda0.78
Brazil0.48
Total#,###.2

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

Ratings

Morningstar™ Ratings

As of April 30, 2024

Overall3 Year5 Year10 Year
1109 Funds1109 Funds1049 Funds818 Funds

Category: US Fund Large Value

Distributions

Payment Frequency: Quarterly

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 Dividend04/01/202404/02/202403/28/2024$0.082700
Income Dividend12/26/202312/27/202312/22/2023$0.056400
Long-Term Capital Gain12/12/202312/13/202312/11/2023$0.123600
Income Dividend10/02/202310/03/202309/29/2023$0.061800
Income Dividend07/03/202307/05/202306/30/2023$0.052100
Totals: $0.376600

Investment Team

Disclosures

Principal Risks

You could lose money on an investment in the Fund. Any of the following risks, among others, could affect Fund performance or cause the Fund to lose money or to underperform: Company: The price of a company’s stock could decline or underperform. The Fund may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Companies that issue Dividend yielding equity securities are not required to continue to pay dividends on such securities and can reduce or eliminate the payment of dividends in the future. 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. Risks of the REIT's are similar to those associated with direct ownership of Real Estate, such as changes in real estate values and property taxes, interest rates, cash flow of underlying real estate assets, supply and demand, and the management skill and credit worthiness of the issuer. Investment Model: Volatility management techniques may not always be successful in reducing volatility, may not protect against market declines, and may limit the Fund’s participation in market gains. Mistakes in the construction and implementation of the investment models may create errors or limitations that might go undetected. There is no guarantee that the use of these investment models will result in effective investment decisions. Other risks of the Fund include but are not limited to: Liquidity, Market, Market Capitalization, and Securities Lending. 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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