Voya Enhanced Securitized Income Fund | Voya Investment Management
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Voya Enhanced Securitized Income Fund - Class A

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Voya Enhanced Securitized Income Fund

An interval fund that provides access to securitized or adjacent markets in a flexible strategy targeting deep credit, illiquid, and/or private assets

Invests in securities or loans collateralized by distinct asset types: commercial real estate, residential housing and nonmortgage assets. Securities are expected to have a structured component. Assets may be private or illiquid and bear credit risk and duration risk.
 
The Fund operates as an interval fund pursuant to Rule 23c-3 under the 1940 Act.    

Daily Prices

as of May 17, 2024

Net Asset Value (NAV)$10.06
% Change-0.10
$ Change-0.01
View Standardized PerformanceLook up historical prices

The Voya Enhanced Securitized Income Fund Offers

Experienced & skilled team

Stable, experienced team focused on managing across the securitized spectrum

Deep Fixed Income Resources

Securitized managers leverage resources, perspectives across Voya's fixed income platform, including specialty teams

Differentiated approach

Our expertise and ability to make full use of the entire Securitized landscape set us apart

Product Facts

Ticker SymbolVVJHX
CUSIP92891R109
Inception DateMay 1, 2024
Dividends Paid

About this Product

Interval fund designed to provide investors access to securitized markets, which may deliver returns that are less correlated to other risk markest with lower sensitivity to interest rates. 

May invest in securities or loans collateralized by distinct asset types: commercial real estate, residential housing and nonmortgage assets. Financial leverage may be utilized up to a 33 1/3% limit along with the potential for hedging strategies to mitigage interest rate, credit, prepayment and/or broader market and economic risks. 

Deploys expertise in underwriting and investments in deep credit, illiquid, and/or private assets in securitized or its adjacent markets. 

As a fundamental policy, which may not be changed wtihout shareholder approval, the Fund offers shareholders the opportunity to redeem their Common Shares on a quarterly basis.

Investment Objective

The Fund seeks to maximize total return through a combination of current income and capital appreciation.

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.
Colin Dugas

Colin Dugas, CFA

Portfolio Manager, Securitized

Years of Experience: 22

Years with Voya: 22

Colin Dugas is a portfolio manager on the securitized team at Voya Investment Management, focusing on portfolio management and security selection, as well as credit monitoring and analysis. He earned a BS in management from the Georgia Institute of Technology and is a CFA® Charterholder.
Dave Goodson

Dave Goodson

Head of Securitized

Years of Experience: 28

Years with Voya: 22

Dave Goodson is a managing director, head of securitized fixed income and a senior portfolio manager for non-agency and agency mortgage-backed securities, commercial mortgage-backed securities and asset-backed securities strategies at Voya Investment Management. Prior to joining Voya, he was a principal at an independent investment bank focused on asset-backed commercial paper transactions. Previously, Dave began his career as a vice president in Wachovia Securities’ asset-backed finance group, marketing and executing securitizations for the bank’s corporate clients. He earned a BS in management from the Georgia Institute of Technology

Disclosures

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 principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Asset-Backed (including Mortgage-Backed) Securities; Collateralized Loan Obligations; Commercial Real Estate Loans; Covenant-Lite Loans; Credit; Credit (Loans); Credit Default Swaps; Credit Risk Transfer Securities; Currency; Demand for Loans; Derivatives Instruments; Duration; Floating Rate Investments; Floating or Variable Rate Loans; Foreign (Non-U.S.) Investments; Futures Contracts; High Yield Securities; Interest in Loans; Interest Rate; Interest Rate for Floating or Variable Rate Loans; Inverse Floating Rate Instrument; Leverage; LIBOR Transition and Reference Benchmarks; Limited Liquidity For Investors; Limited Operating History; Limited Secondary Market for Loans; Liquidity; Market; Market Disruption and Geopolitical; Options; Prepayment and Extension; Real Estate Companies and Real Estate Investment Trusts; Regulatory Risks for Loans; Repurchase Agreements; Residential Mortgage Loans; Reverse Repurchase Agreements and Dollar Roll Transactions; Securities Lending; Temporary Defensive Positions; U.S. Government Securities and Obligations; Valuation of Loans; Warehouse Investments; and When-Issued, Delayed Delivery, and Forward Commitment Transactions. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks. 

An interval fund is a type of closed-end fund that is not listed on an exchange that periodically offers to repurchase a limited percentage of outstanding shares from its investors at slated intervals– typically quarterly, semiannually or annually. Investors should generally not expect to be able to sell their shares (other than through the repurchase process).

A note about risk: Although interval funds provide limited liquidity through periodic repurchase offers, investors should consider the funds to be an illiquid investment. There is no secondary market for interval funds, and none is expected to develop. Furthermore, unlike with open-end funds, which permit daily redemptions, investors cannot sell interval fund shares at any time. Because of these factors, investments in interval funds are subject to liquidity risk, as an investor may not be able to sell their shares in a timely manner at an advantageous price. There is no guarantee that an investor will be able to tender all or any of their requested fund shares in a periodic repurchase offer. The NAV of an interval fund may be volatile, and a fund’s use of leverage will increase this volatility.

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