Voya Investment Grade Credit Fund | Voya Investment Management

Voya Investment Grade Credit Fund - Class A

Class A: VACFX
Class I: VIGCX
Class R6: VIGTX
Class SMA: ISCFX
Class W: VIGWX
For more information call 1 (800) 334-3444
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Voya Investment Grade Credit Fund
Seeks income diversification without decreasing overall credit ratings.

Daily Prices

as of December 3, 2024

Net Asset Value (NAV)$9.29
% Change-0.21
$ Change-0.02
YTD Return4.74%

Product Facts

Ticker SymbolVACFX
CUSIP92913M484
Inception DateAugust 3, 2016
Dividends PaidMonthly
Min. Initial Investment$1,000.00

About this Product

Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in investment-grade fixed-income securities.

Investment Objective

The Fund seeks to maximize total return. Total return is a combination of income and capital appreciation.

Performance

Average Annual Total Returns %

As of October 31, 2024

As of September 30, 2024

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+3.40+14.17-2.68+0.57+2.631.28%0.91%
With Sales Charge+0.78+11.27-3.50+0.07+2.37
Net Asset Value+5.87+14.28-1.86+1.18+2.991.28%0.91%
With Sales Charge+3.19+11.46-2.68+0.67+2.73
Bloomberg U.S. Corporate Bond Index+2.77+13.63-2.07+0.54+2.57
Bloomberg U.S. Corporate Bond Index+5.32+14.28-1.18+1.16+2.93

Inception Date - Class A:August 3, 2016

Inception Date - Class SMA:June 8, 2007

Current Maximum Sales Charge: 2.50%

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, 2024

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.

3.83
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).

4.27
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.

4.94
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.

4.82

Returns-Based Characteristics

As of October 31, 2024

3 Year5 Year10 Year
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.

-0.500.13
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.

1.021.04
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.

-1.080.04
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.

1.000.99
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.

-0.68-0.21
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.

9.809.35

Growth of a $10,000 Investment

For the period 08/03/2016 through 10/31/2024

Ending Value: $11,973.00

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, 2024

Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

793
Duration years7.04
Weighted Average Life years
Weighted Average Life:

The length of time until the average security in a fund will mature or be redeemed by its issuer. It indicates a fund's sensitivity to interest rate changes: longer average weighted maturity implies greater volatility in response to interest rate changes.

12.05
Total

Top Issuers

as of October 31, 2024

JPMORGAN CHASE & CO2.85
BANK OF AMERICA CORP2.66
GOLDMAN SACHS GROUP INC/THE2.02
MORGAN STANLEY1.98
EVERSOURCE ENERGY1.13
HARTFORD FINANCIAL SERVICES GROUP INC1.04
ORACLE CORPORATION1.03
T-MOBILE US INC1.01
BANCO SANTANDER SA0.93
DUKE ENERGY CORP0.87
Total#,###.2

Credit Quality

% of Total Investments as of October 31, 2024

Treasuries/Cash7.27
AAA0.22
AA2.33
A37.29
BBB51.54
BB1.34
B0.00
<B0.00
Not Rated0.00
Total#,###.2

Top Industry

% of Total Investments as of October 31, 2024

Financial 30.51
Consumer Non-Cyclical 11.24
Utilities 9.95
Technology 8.05
Communications 7.96
US Treasury & Cash7.43
Energy 6.14
Transportation 5.30
Consumer Cyclical 4.97
Capital Goods 4.40
Basic Industry 1.97
HY Corporates1.34
Other Industry 0.62
Emerging Markets0.12
Total#,###.2

Maturity Details

% of Total Investments as of October 31, 2024

Cash1.38
<1 Year0.61
1-3 Years7.26
3-5 Years16.39
5-7 Years12.56
7-10 Years29.96
10-20 Years12.31
>20 Years19.53
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, 2024

Overall3 Year5 Year10 Year
180 Funds180 Funds161 Funds100 Funds

Category: US Fund Corporate Bond

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
Income Dividend11/29/2024$0.035790
Income Dividend10/31/2024$0.038665
Income Dividend09/30/2024$0.037620
Income Dividend08/30/2024$0.037200
Income Dividend07/31/2024$0.036053
Income Dividend06/28/2024$0.034619
Income Dividend05/31/2024$0.035215
Income Dividend04/30/2024$0.034230
Income Dividend03/28/2024$0.031868
Income Dividend02/29/2024$0.019285
Income Dividend01/31/2024$0.021824
Income Dividend12/29/2023$0.058057
Income Dividend11/30/2023$0.050820
Totals: $0.471247

Investment Team

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 following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Bank Instruments; Concentration (Index); Collateralized Loan Obligations and Other Collateralized Obligations; Company; Convertible Securities; Covenant-Lite Loans; Credit; Credit Default Swaps; Currency; Derivative Instruments; Environmental, Social, and Governance (Fixed Income); Foreign (Non-U.S.) Investments; High-Yield Securities; Interest Rate; Investment Model; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Mortgage- and/or Asset-Backed Securities; Municipal Obligations; Other Investment Companies; Portfolio Turnover; Preferred Stocks; Prepayment and Extension; Real Estate Companies and Real Estate Investment Trusts; Repurchase Agreements; Securities Lending; Sovereign Debt; U.S. Government Securities and Obligations. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.

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