Voya Securitized Credit Fund | Voya Investment Management

Voya Securitized Credit Fund - Class A

Class A: VCFAX
Class I: VCFIX
Class R6: VCFRX
Class W: VSCWX
For more information call 1 (800) 334-3444
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Voya Securitized Credit Fund
Tap into the full potential of the U.S. Securitized Credit Market via a flexible strategy focused on the long-term

Daily Prices

as of October 4, 2024

Net Asset Value (NAV)$9.47
% Change-0.42
$ Change-0.04
YTD Return6.80%

Product Facts

Ticker SymbolVCFAX
CUSIP92913M740
Inception DateAugust 3, 2015
Dividends PaidMonthly
Min. Initial Investment$1,000.00

About this Product

  • Invests primarily in the mortgage and asset-backed markets including Commercial Mortgage Backed Securities (CMBS), Non-Agency Residential Mortgage Backed Securities (Non-Agency RMBS), and Asset Backed Securities (ABS).
  • Dynamic and balanced investment process using proprietary bottom-up inputs to drive security selection and top-down macro themes to guide portfolio construction
  • A dedicated team with 16 years average experience aligned to take advantage of unique expertise in specific sectors of the market

Investment Objective

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

Performance

Average Annual Total Returns %

As of August 31, 2024

As of June 30, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRInceptionExpense Ratios
GrossNet
Net Asset Value+6.23+9.42+2.51+1.69+3.541.07%1.00%
With Sales Charge+3.53+6.70+1.65+1.17+3.28
Net Asset Value+3.82+8.60+1.94+1.52+3.411.07%1.00%
With Sales Charge+1.18+5.88+1.08+1.02+3.15
Bloomberg U.S. Securitized MBS/ABS/CMBS Index+3.38+7.55-1.63-0.09+1.35
Bloomberg U.S. Securitized MBS/ABS/CMBS Index-0.79+2.38-2.81-0.63+0.98

Inception Date - Class A:August 3, 2015

Inception Date - Class P:August 7, 2014

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 August 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.

4.41
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).

4.45
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.

5.41
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.

5.28

Returns-Based Characteristics

As of August 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.

0.330.33
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.

0.270.33
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.

0.760.21
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.

0.360.07
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.

-0.35-0.10
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.

3.527.63

Growth of a $10,000 Investment

For the period 08/03/2015 through 08/31/2024

Ending Value: $13,459.00

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 September 30, 2024

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.

$845.6
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

622
Duration years2.32
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.

5.33
Total

Top Issuers

as of August 31, 2024

RFM RE-REMIC TRUST RFM_22-FRR14.09
GAM RESECURITIZATION TRUST GAM_21-FRR22.69
GAM RESECURITIZATION TRUST GAM_22-FRR32.37
GAM_21-FRR11.88
STRUCTURED AGENCY CREDIT RISK STACR_22-DNA21.76
BMD2_19-FRR11.20
MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST MSRM_24-20.98
SYMPHONY CLO LTD SYMP_24-43A0.94
PRIMA CAPITAL LTD PRIMA_19-7A0.89
STRUCTURED AGENCY CREDIT RISK STACR_22-DNA10.87
Total#,###.2

Credit Quality

% of Total Investments as of August 31, 2024

Treasuries/Cash4.65
AAA13.74
AA11.37
A14.62
BBB16.68
BB5.63
B4.23
<B1.04
Not Rated28.05
Total#,###.2

Top Industry

% of Total Investments as of August 31, 2024

Non-Agency RMBS and SF CRT35.74
CMBS34.26
Asset Backed Securities13.96
CLO11.40
US Treasury & Cash4.65
Total#,###.2

Maturity Details

% of Total Investments as of August 31, 2024

Cash4.65
<1 Year7.89
1-3 Years24.50
3-5 Years23.03
5-7 Years12.02
7-10 Years13.63
10-20 Years14.05
>20 Years0.24
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 August 31, 2024

Overall3 Year5 Year10 Year
317 Funds317 Funds265 Funds184 Funds

Category: US Fund Multisector 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 Dividend09/30/2024$0.042300
Income Dividend08/30/2024$0.043524
Income Dividend07/31/2024$0.042780
Income Dividend06/28/2024$0.032490
Income Dividend05/31/2024$0.033046
Income Dividend04/30/2024$0.030420
Income Dividend03/28/2024$0.031496
Income Dividend02/29/2024$0.029464
Income Dividend01/31/2024$0.031186
Income Dividend12/29/2023$0.032674
Income Dividend11/30/2023$0.031260
Income Dividend10/31/2023$0.032426
Income Dividend09/29/2023$0.031590
Totals: $0.444656

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: Credit; Credit Default Swaps; Currency; Derivative Instruments; Environmental, Social, and Governance (Fixed Income); Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; High-Yield Securities; Interest in Loans; Interest Rate; Liquidity; Market Disruption and Geopolitical; Mortgage- and/or Asset-Backed Securities; Other Investment Companies; Prepayment and Extension; Securities Lending; Sovereign Debt; U.S. Government Securities and Obligations; 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.

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