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
Orange background
Voya U.S. High Dividend Low Volatility Fund
A fundamentally guided, quantitative-selection driven strategy providing risk-adjusted yield

Daily Prices

as of July 19, 2024

Net Asset Value (NAV)$11.11
% Change-0.71
$ Change-0.08
YTD Return10.22%

Product Facts

Ticker SymbolVHDAX
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.


Average Annual Total Returns %

As of June 30, 2024

As of June 30, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRInceptionExpense Ratios
Net Asset Value+7.07+12.70+6.07+8.50+9.571.15%0.60%
With Sales Charge+0.94+6.21+4.00+7.23+8.72
Net Asset Value+7.07+12.70+6.07+8.50+9.571.15%0.60%
With Sales Charge+0.94+6.21+4.00+7.23+8.72
Russell 1000 Value Index+6.62+13.06+5.52+9.01+8.77
Russell 1000 Value Index+6.62+13.06+5.52+9.01+8.77

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.


As of June 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.

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).

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.

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.


Returns-Based Characteristics

As of June 30, 2024

3 Year5 Year10 Year

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.


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.

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.


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.

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.

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.


Growth of a $10,000 Investment

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

Ending Value: $19,967.00

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 Statistics

As of June 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.

Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

P/E next 12 months

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

P/B trailing 12 months

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

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.

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.

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.

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


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.


Top Holdings

% of Total Investments as of June 30, 2024

UnitedHealth Group Incorporated2.18
Johnson & Johnson2.07
Cisco Systems, Inc.1.44
Procter & Gamble Company1.38
Verizon Communications Inc.1.30
AbbVie, Inc.1.30
Philip Morris International Inc.1.23
Comcast Corporation 1.20
AT&T Inc.1.16

Portfolio Composition

as of June 30, 2024

Foreign Stocks0.00
EM Equity0.85
Mutual Funds0.82
US Common Stocks98.06

Top Sectors

% of Total Investments as of June 30, 2024


Top Country Weightings

% of Total Investments as of June 30, 2024

United States99.14

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


Morningstar™ Ratings

As of June 30, 2024

Overall3 Year5 Year10 Year
1099 Funds1099 Funds1035 Funds809 Funds

Category: US Fund Large Value


Payment Frequency: Quarterly


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.

Income Dividend07/01/202407/02/202406/28/2024$0.046600
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: $0.423200

Investment Team


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; Derivative Instruments; Dividend; Environmental, Social, and Governance (Quantitative); Investment Model; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Other Investment Companies; Real Estate Companies and Real Estate Investment Trusts; Securities. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.