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

Class A: VHDAX
Class I: VHDIX
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 to providing risk-adjusted yield.

Daily Prices

as of December 12, 2018

Net Asset Value (NAV)$11.41
% Change+0.44
$ Change+0.05
YTD Return0.83%

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.

Management Team

View Fund Advisor/Sub Advisor

Portfolio Management Team

Voya Investments, LLC

Investment Adviser

Voya Investments, LLC., serves as the investment adviser to each of the Funds. Voya Investments has overall responsibility for the management of the Funds. Voya Investments provides or oversees all investment advisory and portfolio management services for each Fund, and assists in managing and supervising all aspects of the general day-to-day business activities and operations of the Funds, including custodial, transfer agency, dividend disbursing, accounting, auditing, compliance and related services. The Investment Adviser may, from time to time, directly manage a portion of the Fund’s assets to seek to manage the Fund’s overall risk exposure to achieve the Fund’s desired risk/return profile and to effect the Fund’s investment strategies. The Investment Adviser may invest in futures and exchange-traded funds to implement its investment process.

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. As of December 31, 2016, Voya IM managed approximately $86.4 billion in assets.
Vincent Costa

Vincent Costa, CFA

Portfolio Manager

Managed Fund since 2016

More Info
Vincent Costa is head of the value and global quantitative equities teams and also serves as a portfolio manager for the active quantitative and fundamental large cap value strategies. Vinnie joined Voya Investment Management (Voya IM) in April 2006 as head of portfolio management for quantitative equity. Prior to joining Voya IM, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. He earned a BS in quantitative business analysis from Pennsylvania State University and an MBA in finance from the New York University Stern School of Business, and holds the Chartered Financial Analyst® designation.
Steven Wetter

Steven Wetter

Porfolio Manager

Managed Fund since 2016

More Info
Steven Wetter is a portfolio manager on the global quantitative equity team at Voya Investment Management responsible for the index, research enhanced index and smart beta strategies. Prior to joining the firm, he served as Co-Head of International Indexing responsible for managing ETFs, index funds and quantitative portfolios at BNY Mellon, and formerly held similar positions at Northern Trust and Bankers Trust. Steve earned a BA from the University of California at Berkeley, and an MBA in finance (with distinction) from New York University Stern School of Business.
Kai Yee Wong

Kai Yee Wong

Portfolio Manager

Managed Fund since 2016

More Info
Kai Yee Wong is a portfolio manager on the global quantitative equity team at Voya Investment Management responsible for the index, research enhanced index and smart beta strategies. Prior to joining the firm, she worked as a senior equity portfolio manager at Northern Trust responsible for managing various global indices including developed, emerging, real estate, Topix and socially responsible benchmarks. Previously Kai Yee served as a portfolio manager with Deutsche Bank, an assistant treasurer at Bankers Trust and a trust officer at the Bank of Tokyo. She earned a BS from New York University Stern School of Business.

My Representatives

Broker/Dealer Services

1-800-334-3444

Contact Us

Performance

Average Annual Total Returns %

As of November 30, 2018

As of September 30, 2018

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+4.81+5.88+11.821.71%0.80%
With Sales Charge-1.22-0.22+8.53
Net Asset Value+8.37+15.36+15.061.71%0.80%
With Sales Charge+2.14+8.74+11.38
Russell 1000 Index+4.76+5.92+13.68
Russell 1000 Index+10.49+17.76+18.44

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 November 30, 2018

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.

1.65
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).

2.11
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.

3.25
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.

3.06

Calendar Year Returns %

Past performance is no guarantee of future results. Returns are shown in %. These figures are for the year ended December 31 of each year. They do not reflect sales charges and would be lower if they did. The bar chart above shows the Fund's annual returns and long-term performance, and illustrates the variability of the Fund’s returns.

Growth of a $10,000 Investment

For the period 12/06/2016 through 11/30/2018

Ending Value: $12,483.00

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 November 30, 2018

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.

$144.8
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

150
P/E next 12 months
P/E:

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

16.61
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.

4.93
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.

$128,993.0
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.

10.92
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.

66.83
PEG Ratio1.71
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

14.24
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.

7.41
Total

Top Holdings

% of Total Investments as of November 30, 2018

Microsoft Corp.3.76
Johnson & Johnson2.07
JPMorgan Chase & Co.1.81
UnitedHealth Group, Inc.1.61
Pfizer, Inc.1.60
Verizon Communications, Inc.1.56
Intel Corp.1.44
Procter & Gamble Co.1.42
Chevron Corp.1.40
Cisco Systems, Inc.1.40
Total#,###.2

Portfolio Composition

as of November 30, 2018

Stocks99.37
Other0.33
Short Terms0.30
Total#,###.2

Top Sectors

% of Total Investments as of November 30, 2018

Information Technology21.38
Health Care14.69
Financials14.50
Consumer Discretionary9.17
Industrials8.76
Communication Services8.42
Consumer Staples7.92
Real Estate4.39
Energy4.32
Utilities4.15
Materials1.97
Not Classified - Mutual Fund0.33
Total#,###.2

Top Country Weightings

% of Total Investments as of November 30, 2018

United States99.36
Panama0.34
Total#,###.2

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

Distributions

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 Dividend10/01/201810/02/201809/28/2018$0.056900
Income Dividend07/02/201807/03/201806/29/2018$0.033600
Income Dividend04/02/201804/03/201803/29/2018$0.066800
Short-Term Capital Gain12/15/201712/18/201712/14/2017$0.186300
Income Dividend12/15/201712/18/201712/14/2017$0.233900
Long-Term Capital Gain12/15/201712/18/201712/14/2017$0.001200
Totals: $0.578700

Ratings

Morningstar™ Ratings

As of November 30, 2018

No Morningstar™ ratings are currently available for this share class.

Disclosures

Principal Risks

Investment 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 theREIT'sare similar to those associated with direct ownership ofReal 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.