Voya Global Diversified Payment Fund - Class A

As of February 28, 2019, the Voya Global Target Payment Fund was renamed Voya Global Diversifed Payment Fund.

In addition, the Fund changed its benchmark from the S&P Target Risk Growth Index to S&P Target Risk Moderate Index.

Class A: VYGQX
Class C: VYGRX
Class I: VYGSX
Class R: VYGTX
Class R6: VYGUX
Class W: VYGWX
For more information call 1 (800) 334-3444
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Voya Global Diversified Payment Fund

Pursuing Consistent Income

In today’s environment of evolving market cycles, finding sources of consistent income can be daunting. While there are many options, each come with their own advantages and drawbacks. Some can produce predictable monthly payments while others can offer growth potential and daily liquidity should circumstances change. Yet few, if any, can offer all three. Meanwhile, most income investments tend to focus on a narrow range of asset classes and factors, leading to less overall portfolio diversification than many investors may even realize.

Daily Prices

as of December 6, 2019

Net Asset Value (NAV)$7.75
% Change+0.52
$ Change+0.04
YTD Return12.73%

The Voya Global Diversified Payment Fund Offers

Level monthly payments

Annual preset of monthly payments helps to stabilize investment income

Diversified return sources in one portfolio

Multi-asset approach can help manage credit quality and liquidity risks

Potential for growth

Beyond monthly income, the fund seeks growth of principle

Product Facts

Ticker SymbolVYGQX
CUSIP92914A463
Inception DateJuly 1, 2008
Dividends PaidMonthly
Min. Initial Investment$1,000.00

About this Product

  • Coupled with a managed payment policy, the Fund invests in a combination of Voya Funds which are invested in global equity, fixed-income, and which may include floating rate loans, emerging markets debt, and real estate securities
  • Seeks to make level, monthly payments per share, re-set annually*
  • Designed for retired investors or investors nearing retirement who seek stable level of monthly payments from their investment in the Fund as well as growth potential and global diversification
* The annual payment rate is determined by share classes within a range of 4.25%–7.25% based on Voya's assessment of market conditions.

Investment Objective

The Fund seeks to meet the managed payment policy of the Fund, while seeking to preserve investors' capital over the long term. The Fund's secondary investment objective is to seek potential long-term capital appreciation.

My Representatives

Broker/Dealer Services

1-800-334-3444

Contact Us

Performance

Average Annual Total Returns %

As of November 30, 2019

As of September 30, 2019

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value+12.30+8.37+5.84+3.82+5.761.24%1.24%
With Sales Charge+5.88+2.18+3.79+2.61+5.13
Net Asset Value+9.76+1.97+4.43+3.70+5.771.24%1.24%
With Sales Charge+3.49-3.92+2.38+2.48+5.15
S&P Target Risk Moderate Total Return Index+14.06+11.75+7.45+5.02+5.99
S&P Target Risk Growth Index+17.00+12.60+9.24+6.33+8.05
S&P Target Risk Moderate Total Return Index+11.77+6.60+5.91+5.05+5.97
S&P Target Risk Growth Index+13.47+5.06+7.51+6.34+7.91

Inception Date - Class A:July 1, 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.

Yields

As of October 31, 2019

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.

1.86
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).

1.87
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.

5.94
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.

5.60

Returns Based Statistics

As of October 31, 2019

3 Year5 Year10 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.

6.226.268.14
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.

1.261.231.42
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.

95.2193.4091.83
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.

-2.62-2.07-2.40
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.

0.630.460.70
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.

-0.78-0.66-0.06

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.

Portfolio

Portfolio Statistics

As of October 31, 2019

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.

$428.3
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

25
Total

Top Holdings

% of Total Investments as of October 31, 2019

Voya Multi-Manager International Factors Fund - Class I14.31
Voya Global Bond Fund - Class R610.02
Voya Intermediate Bond Fund - Class R69.97
Voya U.S. High Dividend Low Volatility Fund - Class R67.64
Voya Multi-Manager Emerging Markets Equity Fund - Class I7.03
Voya Large Cap Value Fund - Class R66.61
Voya Multi-Manager International Equity Fund - Class I6.09
Voya Large-Cap Growth Fund - Class R65.65
Voya High Yield Bond Fund - Class R65.01
Voya Floating Rate Fund - Class I4.97
Total#,###.2

Portfolio Composition

as of October 31, 2019

Large Cap U.S.23.50
International20.40
Global Bond10.02
Core Plus Fixed Income9.97
Emerging Markets8.07
High Yield Bond5.01
Senior Loans4.97
Unconstrained Bond4.00
Mid Cap U.S.3.09
Global Real Estate2.58
Real Estate U.S.2.53
Small Cap U.S.2.08
TIPS1.99
Core Fixed Income1.00
Short-Term Bond0.79
Total#,###.2

Top Country Weightings

% of Total Investments as of October 31, 2019

United States99.21
Total#,###.2

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

Ratings

Morningstar™ Ratings

As of October 31, 2019

Overall3 Year5 Year10 Year
379 Funds379 Funds308 Funds179 Funds

Category: World Allocation

Distributions

Distributions

Payment Frequency: Monthly

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
Managed Payment11/29/201912/02/201911/27/2019$0.038000
Managed Payment10/31/201911/01/201910/30/2019$0.038000
Managed Payment09/30/201910/01/201909/27/2019$0.038000
Managed Payment08/30/201909/03/201908/29/2019$0.038000
Managed Payment07/31/201908/01/201907/30/2019$0.038000
Managed Payment06/28/201907/01/201906/27/2019$0.038000
Managed Payment05/31/201906/03/201905/30/2019$0.038000
Managed Payment04/30/201905/01/201904/29/2019$0.038000
Managed Payment03/29/201903/29/201903/28/2019$0.038000
Managed Payment02/28/201903/01/201902/27/2019$0.038000
Managed Payment01/31/201902/01/201901/30/2019$0.038000
Managed Payment12/31/201801/02/201912/28/2018$0.038000
Long-Term Capital Gain12/31/201801/02/201912/28/2018$0.200000
Managed Payment11/30/201812/03/201811/29/2018$0.038000
Totals: $0.694000

Investment Team

No team members found

Disclosures

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Emerging Market stocks may be especially volatile. Stock of an issuer in the Fund's portfolio may decline in price if the issuer fails to make anticipated Dividend Payments because, among other reasons, the issuer of the security experiences a decline in its financial condition. Securities of Small- and Mid-Sized Companies may entail greater price volatility and less liquidity than investing in stocks of larger companies. Other risks of the Fund include but are not limited to: Convertible Securities Risks; Market Trends Risks; Other Investment Companies Risks; Price Volatility Risks; Inability to Sell Securities Risks; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.

Risks specific to Managed Payment:
The Fund is expected to make monthly payments under its Managed Payment Policy regardless of the Fund's investment performance. Because these payments will be made from Fund assets, the Fund's monthly payments may reduce the amount of assets available for investment by the Fund. It is possible for the Fund to suffer substantial investment losses and simultaneously experience additional asset reductions as a result of its payments to shareholders under the Managed Payment Policy. The Fund may, under its Managed Payment Policy, return capital to shareholders which will decrease their costs basis in the Fund and will affect the amount of any capital gain or loss that shareholders realize when selling or exchanging their Fund shares.