Voya Corporate Leaders® 100 Fund
Equal Positions in 100 Blue-Chip Companies for Better Return/Risk Potential
A rules-based strategy designed to exploit market inefficiencies in a disciplined, systematic manner.
Product Facts
| Ticker Symbol | VYCAX |
| CUSIP | 92913K298 |
| Inception Date | June 30, 2008 |
| Dividends Paid | Annually |
| Min. Initial Investment | $1,000.00 |
About this Product
- Seeks to outperform the S&P 500 Index by investing 1% in each of the 100 companies in the S&P 100 Index
- The Fund's investment portfolio will be rebalanced quarterly to re-align the Fund's holdings to 1% weightings
- The Fund may be suitable for long-term focused investors who are willing to accept higher risk in exchange for long-term growth potential
Investment Objective
The Fund seeks to outperform the S&P 500.
Performance
Average Annual Total Returns %
As of August 31, 2023
As of June 30, 2023
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +11.09 | +13.35 | +12.12 | +9.57 | +10.86 | 0.89% | 0.81% |
| With Sales Charge | +4.68 | +6.83 | +9.93 | +8.28 | +10.21 | ||
| Net Asset Value | +9.73 | +16.18 | +15.20 | +10.65 | +11.01 | 0.89% | 0.81% |
| With Sales Charge | +3.40 | +9.48 | +12.95 | +9.35 | +10.35 | ||
| S&P 500 Index | +18.73 | +15.94 | +10.52 | +11.12 | +12.81 | — | — |
| S&P 500 Index | +16.89 | +19.59 | +14.60 | +12.31 | +12.86 | — | — |
Inception Date - Class A:June 30, 2008
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.
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 Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, investment-related costs, leverage expenses, and extraordinary expenses and may be subject to possible recoupment. Please see the Fund's prospectus for more information. The expense limits will continue through at least 2023-10-01. Expenses are being waived to the contractual cap.
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.
Past performance does not guarantee future results.
Yields
As of August 31, 2023
| 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. | 1.51 |
| 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). | 1.60 |
| 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. | 1.51 |
| 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. | 1.42 |
Returns-Based Characteristics
As of August 31, 2023
| 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. | 17.97 | 18.98 | 15.08 |
| 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. | 0.97 | 0.98 | 0.99 |
| 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. | 0.92 | 0.95 | 0.95 |
| 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. | 1.75 | -1.21 | -1.61 |
| 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. | 0.64 | 0.49 | 0.69 |
Distributions
Payment Frequency: 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 | 12/15/2022 | 12/16/2022 | 12/14/2022 | $0.020400 |
| Income Dividend | 12/15/2022 | 12/16/2022 | 12/14/2022 | $0.332100 |
| Long-Term Capital Gain | 12/15/2022 | 12/16/2022 | 12/14/2022 | $0.753500 |
| Totals: $1.106000 | ||||
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
Vincent Costa, CFA
Chief Investment Officer, Equities
Years of Experience: 38
Years with Voya: 17
Steven Wetter
Portfolio Manager
Years of Experience: 35
Years with Voya: 11
Kai Yee Wong
Portfolio Manager
Years of Experience: 31
Years with Voya: 11
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Prices of Value-Oriented Securities tend to correlate more closely with economic cycles than growth-oriented securities, they generally are more sensitive to changing economic conditions. Investing in stocks of Small- and Mid- Sized Companies may entail greater volatility and less liquidity than larger companies. 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. 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. A manager's proprietary investment model may not adequately allow for existing or unforeseen market factors or the interplay between such factors. Other risks of the Fund include but are not limited to: Convertible Securities Risks; Market Trends Risks; Price Volatility Risks; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for amore detailed discussion of the Fund's risks.