Voya U.S. Stock Index Portfolio
The Portfolio seeks total return
Product Facts
| Ticker Symbol | INGIX |
| CUSIP | 92914G734 |
| Inception Date | May 3, 2004 |
| Dividends Paid | Semi-Annually |
About this Product
Passive investment portfolio that invests in equity securities of companies in the S&P 500 Index.
Investment Objective
The Portfolio seeks total return
Performance
Average Annual Total Returns %
As of June 30, 2020
As of June 30, 2020
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | -3.18 | +7.27 | +10.46 | +10.43 | +13.69 | 0.27% | 0.27% |
| With Sales Charge | -3.18 | +7.27 | +10.46 | +10.43 | +13.69 | ||
| Net Asset Value | -3.18 | +7.27 | +10.46 | +10.43 | +13.69 | 0.27% | 0.27% |
| With Sales Charge | -3.18 | +7.27 | +10.46 | +10.43 | +13.69 | ||
| S&P 500 Index | -3.08 | +7.51 | +10.73 | +10.73 | +13.99 | — | — |
| S&P 500 Index | -3.08 | +7.51 | +10.73 | +10.73 | +13.99 | — | — |
Inception Date - Class I:May 3, 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 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.
The Standard and Poor's 500 Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
Returns-Based Characteristics
As of June 30, 2020
| 3 Year | 5 Year | 10 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. | 16.97 | 14.78 | 13.44 |
| 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. | 1.00 | 1.00 | 1.00 |
| 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. | 100.00 | 100.00 | 99.99 |
| 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. | -0.26 | -0.28 | -0.28 |
| 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. | 0.57 | 0.67 | 0.98 |
| 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. | -3.19 | -3.46 | -2.67 |
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 08/31/2010 through 07/31/2020
Ending Value: $35,594.00
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 June 30, 2020
| 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. | $7,026.7 |
| Number of Holdings Number of Holdings: Number of Holdings in the investment. | 507 |
| Total |
Top Holdings
% of Total Investments as of June 30, 2020
| Microsoft Corp. | 5.91 |
| Apple, Inc. | 5.70 |
| Amazon.com, Inc. | 4.43 |
| Facebook, Inc.- Class A | 2.09 |
| Alphabet, Inc. - Class A | 1.63 |
| Alphabet, Inc. - Class C | 1.58 |
| Johnson & Johnson | 1.42 |
| Berkshire Hathaway, Inc. Class B | 1.33 |
| Visa, Inc. - Class A | 1.25 |
| Procter & Gamble Co. | 1.13 |
| Total | #,###.2 |
Portfolio Composition
as of June 30, 2020
| Stocks | 98.24 |
| Short Terms | 1.76 |
| Other | 0.00 |
| Total | #,###.2 |
Sector Weightings
% of Total Investments as of June 30, 2020
| Information Technology | 27.46 |
| Health Care | 14.63 |
| Consumer Discretionary | 10.83 |
| Communication Services | 10.78 |
| Financials | 10.08 |
| Industrials | 7.99 |
| Consumer Staples | 6.97 |
| Utilities | 3.07 |
| Real Estate | 2.84 |
| Energy | 2.83 |
| Materials | 2.52 |
| Total | #,###.2 |
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Payment Frequency: Semi-Annually
| 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 | |
|---|---|---|---|---|
| Short-Term Capital Gain | 07/13/2020 | 07/14/2020 | 07/10/2020 | $0.018400 |
| Income Dividend | 07/13/2020 | 07/14/2020 | 07/10/2020 | $0.044700 |
| Long-Term Capital Gain | 07/13/2020 | 07/14/2020 | 07/10/2020 | $0.637600 |
| Income Dividend | 12/30/2019 | 12/31/2019 | 12/27/2019 | $0.211800 |
| Long-Term Capital Gain | 07/12/2019 | 07/15/2019 | 07/11/2019 | $0.902400 |
| Income Dividend | 07/12/2019 | 07/15/2019 | 07/11/2019 | $0.044800 |
| Totals: $1.859700 | ||||
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
Steven Wetter
Portfolio Manager
Years of Experience: 32
Years with Voya: 8
Kai Yee Wong
Portfolio Manager
Years of Experience: 28
Years with Voya: 8
Disclosures
Principal Risks
You could lose money on an investment in the Portfolio. Any of the following risks, among others, could affect Portfolio performance or cause the Portfolio to lose money or to underperform market averages of other funds.
Company
The price of a given company’s stock could decline or underperform for many reasons including, among others, poor management, financial problems, or business challenges. If a company declares bankruptcy or becomes insolvent, its stock could become worthless.
Derivative Instruments
Derivative instruments are subject to a number of risks, including the risk of changes in the market price of the underlying securities, credit risk with respect to the counterparty, risk of loss due to changes in interest rates and liquidity risk. The use of certain derivatives may also have a leveraging effect which may increase the volatility of the Portfolio and reduce its returns.
Index Strategy
The index selected may underperform the overall market and the Portfolio might fail to track its target index. The correlation between the Portfolio and index performance may be affected by the Portfolio’s expenses and the timing of purchases and redemptions of the Portfolio’s shares. The Portfolio’s actual holdings might not match the Index and the Portfolio’s effective exposure to index securities at any given time may not equal 100%.
Liquidity
If a security is illiquid, the Portfolio might be unable to sell the security at a time when the Portfolio’s manager might wish to sell, and the security could have the effect of decreasing the overall level of the Portfolio’s liquidity. Further, the lack of an established secondary market may make it more difficult to value illiquid securities, which could vary from the amount the Portfolio could realize upon disposition. The Portfolio may make investments that become less liquid in response to market developments or adverse investor perception. The Portfolio could lose money if it cannot sell a security at the time and price that would be most beneficial to the Portfolio.
Market
Stock prices may be volatile and are affected by the real or perceived impacts of such factors as economic conditions and political events. The stock market tends to be cyclical, with periods when stock prices generally rise and periods when stock prices generally decline. Any given stock market segment may remain out of favor with investors for a short or long period of time, and stocks as an asset class may underperform bonds or other asset classes during some periods.
Other Investment Companies
The main risk of investing in other investment companies, including exchange-traded funds, is the risk that the value of the securities underlying an investment company might decrease. Because the Portfolio may invest in other investment companies, you will pay a proportionate share of the expenses of that other investment company (including management fees, administration fees, and custodial fees) in addition to the expenses of the Portfolio.
Securities Lending
Securities lending involves two primary risks: “investment risk” and “borrower default risk.” Investment risk is the risk that the Portfolio will lose money from the investment of the cash collateral received from the borrower. Borrower default risk is the risk that the Portfolio will lose money due to the failure of a borrower to return a borrowed security in a timely manner.
An investment in the Portfolio is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.
Depending on the composition of the Index, the Portfolio may at any time, with respect to 75% of the Portfolio’s total assets, invest more than 5% of the value of its total assets in the securities of any one issuer. As a result, the Portfolio would at that time be “non-diversified,” as defined in the 1940 Act. A “non-diversified” mutual fund may invest a greater percentage of its assets in the securities of a single issuer than may a “diversified” mutual fund. A “non-diversified” investment company is subject to the risks of focusing investments in a small number of issuers, industries or foreign currencies, including being more susceptible to risks associated with a single economic, political or regulatory occurrence than a more diversified portfolio might be. The Portfolio may significantly underperform other mutual funds or investments due to the poor performance of relatively few stocks, or even a single stock, and the Portfolio’s shares may experience significant fluctuations in value.