Voya Large Cap Value Fund
Seeking the Benefit of Both High-Dividend Yield and Dividend Growth Potential
Historical analysis shows that dividends have contributed significantly to returns over time in large-cap value investments.
The Voya Large Cap Value Fund Offers
A flexible dividend approach
Historically strong risk-adjusted returns
Potential Value Added Through Dividend Reinvestment
Source: Morningstar®, Inc., as of 12/31/17.
Average dividend yields were recalculated for each calendar year.
This chart is for illustrative purposes only. Excludes sales charges. If sales charges and taxes had been included, the value would have been lower. An index does not reflect fees, brokerage commissions, taxes or other expenses of investing.
Investors cannot directly invest in an index.
The performance quoted represents past performance and does not guarantee future results.
The Voya Difference
- A flexible dividend approach
Flexibility to emphasize high dividend yield or dividend growth potential based on our analysts’research insights.
- Research-intensive process
Company-by-company fundamental research and analysis aims to identify stocks with sustainable high-dividend yields and/or dividend growth potential.
- Historically strong risk adjusted returns
Intensive fundamental research has generated strong returns while disciplined risk management has provided historically low relative volatility.
|Inception Date||December 18, 2007|
|Min. Initial Investment||$1,000.00|
About this Product
- This strategy seeks to capture the benefits of both high-dividend yield and dividend growth by investing primarily in large-capitalization, dividend paying companies
- Actively managed portfolio aiming to achieve a dividend yield that exceeds the average dividend yield of the companies included in the Russell 1000® Value Index
- Managed in an equity income style, seeking to deliver a high dividend focused investment strategy with lower volatility than the broad market
- May invest in foreign securities, including emerging markets, but primarily invests in U.S. and Canadian companies
The Fund seeks long-term growth of capital and current income.
Management TeamView Fund Advisor/Sub Advisor
Portfolio Management Team
Voya Investments, LLC
Voya Investment Management Co. LLC
Managed Fund since 2011More Info
Vincent Costa, CFA
Managed Fund since 2013More Info
Kristy R Finnegan, CFA
Managed Fund since 2015More Info
James Dorment, CFA
Managed Fund since 2016More Info
Average Annual Total Returns %
As of August 31, 2018
As of June 30, 2018
|Most Recent Month End||YTD||1 YR||3 YR||5 YR||10 YR||Expense Ratios|
|Net Asset Value||+3.65||+11.25||+10.69||+9.09||+9.58||1.21%||1.10%|
|With Sales Charge||-2.29||+4.88||+8.51||+7.81||+8.93|
|Net Asset Value||-1.44||+5.12||+6.37||+8.41||+9.25||1.21%||1.10%|
|With Sales Charge||-7.08||-0.92||+4.28||+7.13||+8.61|
|Russell 1000 Value Index||+3.71||+12.47||+12.32||+11.22||+8.93||—||—|
|Russell 1000 Value Index||-1.69||+6.77||+8.26||+10.34||+8.49||—||—|
Inception Date - Class A:December 18, 2007
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 2018-10-01. Expenses are being waived to the contractual cap.
The Russell 1000 Value Index is an unmanaged index that measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
As of August 31, 2018
|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.
|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).
|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.
|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.
Returns Based Statistics
As of August 31, 2018
|3 Year||5 Year||10 Year|
A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk.
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.
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.
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.
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.
A measure of how closely the returns of a portfolio tend to follow the returns of the index to which it is benchmarked; specifically, the variability of excess returns around the average.
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.
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 09/30/2008 through 08/31/2018
Ending Value: $24,960.00
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.
As of August 31, 2018
|Net Assets millions|
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.
|Number of Holdings|
Number of Holdings:
Number of Holdings in the investment.
|P/E next 12 months|
P/E (next 12 months) calculates the price of a stock divided by its earnings per share.
|P/B trailing 12 months|
Price to book ratio (trailing 12 month) calculates the ratio of a stock’s price to its book value.
|Weighted Average Market Cap millions|
Weighted Average Market Cap:
Weighted Average Market Capitalization is the value of a corporation as determined by the market price of its issued and outstanding common stock.
|EPS Growth (3-5 Year Estimate)|
EPS Growth (3-5 Year Estimate):
The portion of a company's profit allocated to each outstanding share of common stock. EPS growth serves as an indicator of a company's profitability.
Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differ from the benchmark index.
|Price to Cash Flow|
Price to Cash Flow:
The ratio of a stock’s price to its cash flow per share. The price-to-cash flow ratio is an indicator of a stock’s valuation
ROA is an indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings.
% of Total Investments as of August 31, 2018
|JPMorgan Chase & Co.||4.10|
|Bank of America Corp.||3.57|
|Verizon Communications, Inc.||3.43|
|Cisco Systems, Inc.||3.25|
|Johnson & Johnson||3.21|
|Procter & Gamble Co.||2.30|
|Intercontinental Exchange, Inc.||2.24|
|NextEra Energy, Inc.||2.18|
as of August 31, 2018
% of Total Investments as of August 31, 2018
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions: Last 12 Months
Payment Frequency: Quarterly
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.
Date on which a declared stock dividend or a bond interest payment is scheduled to be paid.
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.
|Short-Term Capital Gain||12/15/2017||12/18/2017||12/14/2017||$0.029200|
|Long-Term Capital Gain||12/15/2017||12/18/2017||12/14/2017||$1.126500|
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.
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. An investment in securities of Larger Companies carries with it the risk that the company (and its earnings) may grow more slowly than the economy as a whole or not at all. Value Investing Securities that appear to be undervalued may never appreciate to the extent expected and are generally more sensitive to changing economic conditions, Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. The risks of Emerging Markets securities may be intensified. 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. Other risks of the Fund include but are not limited to: Company, Convertible Securities; Dividend Risks; Interest Rate, Investment Model, Market Trends; Inability to Sell Securities; Real Estate Companies and Real Estate Investment Trusts ("REITs") 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.