Voya Securitized Credit Fund | Voya Investment Management

Voya Securitized Credit Fund - Class A

Class A: VCFAX
Class I: VCFIX
Class P: VSCFX
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 December 1, 2021

Net Asset Value (NAV)$9.75
% Change+0.10
$ Change+0.01
YTD Return3.70%

The Voya Securitized Credit Fund Offers

Experienced & skilled team

Stable, experienced team focused on managing across the securitized spectrum

Deep Fixed Income resources

Securitized managers leverage resources, perspectives across Voya’s fixed income platform, including specialty teams

Differentiated approach

Our expertise and ability to make full use of the entire Securitized landscape set us apart

Product Facts

Ticker SymbolVCFAX
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.

My Representatives

Broker/Dealer Services


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Average Annual Total Returns %

As of October 31, 2021

As of September 30, 2021

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRInceptionExpense Ratios
Net Asset Value+3.58+5.66+2.59+3.45+3.991.02%1.00%
With Sales Charge+0.96+3.05+1.73+2.93+3.62
Net Asset Value+3.26+5.66+2.42+3.36+3.991.02%1.00%
With Sales Charge+0.64+3.05+1.56+2.83+3.62
Bloomberg U.S. Securitized MBS/ABS/CMBS Index-0.86-0.48+4.12+2.27+2.54
Bloomberg U.S. Securitized MBS/ABS/CMBS Index-0.65-0.35+3.98+2.25+2.60

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.


As of October 31, 2021

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 Characteristics

As of October 31, 2021

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.


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.

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.

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.


Growth of a $10,000 Investment

For the period 08/03/2015 through 10/31/2021

Ending Value: $12,525.00

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 Statistics

As of October 31, 2021

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.

Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

Duration years1.78
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.


Top Issuers

as of October 31, 2021


Credit Quality

% of Total Investments as of October 31, 2021

Not Rated31.48

Top Industry

% of Total Investments as of October 31, 2021

Commercial Mortgage-Backed Securities43.88
Non-Agency RMBS and SF CRT24.11
Asset-Backed Securities14.61
US Treasury & Cash3.10

Maturity Details

% of Total Investments as of October 31, 2021

<1 Year6.41
1-3 Years20.34
3-5 Years25.70
5-7 Years25.80
7-10 Years14.62
10-20 Years3.78
>20 Years0.25

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


Morningstar™ Ratings

As of October 31, 2021

Overall3 Year5 Year10 Year
273 Funds273 Funds237 FundsN/A

Category: Multisector Bond


Payment Frequency: Monthly


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.

Income Dividend11/30/2021$0.020000
Income Dividend10/31/2021$0.020700
Income Dividend09/30/2021$0.020000
Income Dividend08/31/2021$0.020700
Income Dividend07/31/2021$0.020700
Income Dividend06/30/2021$0.020000
Income Dividend05/31/2021$0.020600
Income Dividend04/30/2021$0.019800
Income Dividend03/31/2021$0.020500
Income Dividend02/28/2021$0.018500
Income Dividend01/31/2021$0.020400
Income Dividend12/31/2020$0.020300
Income Dividend11/30/2020$0.019400
Totals: $0.261600

Investment Team

View Fund Adviser/Sub Adviser

Portfolio Management Team

Voya Investments, LLC

Investment Adviser

Voya Investments, LLC., serves as the investment adviser to each of the Funds. Voya Investments has overall responsibility for the management of the Funds. Voya Investments provides or oversees all investment advisory and portfolio management services for each Fund, and assists in managing and supervising all aspects of the general day-to-day business activities and operations of the Funds, including custodial, transfer agency, dividend disbursing, accounting, auditing, compliance and related services. The Investment Adviser may, from time to time, directly manage a portion of the Fund’s assets to seek to manage the Fund’s overall risk exposure to achieve the Fund’s desired risk/return profile and to effect the Fund’s investment strategies. The Investment Adviser may invest in futures and exchange-traded funds to implement its investment process.

Voya Investment Management Co. LLC

Investment Sub-Adviser

Voya Investment Management Co. LLC (“Voya IM” or “Sub-Adviser”), a Delaware limited liability company, was founded in 1972 and is registered with the SEC as an investment adviser. Voya IM is an indirect, wholly-owned subsidiary of Voya Financial, Inc. and is an affiliate of the Adviser. Voya IM has acted as adviser or sub-adviser to mutual funds since 1994 and has managed institutional accounts since 1972. The principal office of Voya IM is located at 230 Park Avenue, New York, New York 10169. As of December 31, 2016, Voya IM managed approximately $86.4 billion in assets.
Dave Goodson

Dave S Goodson

Head of Securitized

Years of Experience: 25

Years with Voya: 19

Dave Goodson is a managing director, head of securitized fixed income and a senior portfolio manager for non-agency and agency mortgage-backed securities, commercial mortgage-backed securities and asset-backed securities strategies at Voya Investment Management. Prior to joining Voya, he was a principal at an independent investment bank focused on asset-backed commercial paper transactions. Previously, Dave began his career as a vice president in Wachovia Securities’ asset-backed finance group, marketing and executing securitizations for the bank’s corporate clients. He earned a BS in management from the Georgia Institute of Technology
Jonathan Abshire

Jonathan Abshire, CFA

Senior Vice President, Portfolio Manager, Structured Finance

Years of Experience: 19

Years with Voya: 19

Jonathan Abshire is a senior portfolio manager on the non-agency RMBS and ABS securities team at Voya Investment Management. Previously at Voya, Jonathan completed a four-year expatriate assignment with the European ABS team in the Netherlands, overseeing a structured finance portfolio. Jonathan began his career with Voya in the structured finance group, working on the non-agency RMBS and credit card ABS portfolios. Jonathan earned a BBA with a concentration in finance from the Goizueta Business School at Emory University and is a CFA® Charterholder.
John R. Edwards

John R. Edwards

Portfolio Manager, Commercial Mortgage-backed Securities

Years of Experience: 23

Years with Voya: 21

John Edwards is a portfolio manager on the commercial mortgage-backed securities team at Voya Investment Management, focusing on portfolio management and security selection, as well as credit monitoring and analysis. Previously at Voya, John worked in real estate whole loan group in numerous positions including production, risk management, problem loan restructure and real estate equities management. He earned an MBA from Georgia State University and a BS in finance and real estate from Florida State University.


Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. High-Yield Securities, or “junk bonds”, are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities. To the extent that the Fund invests in Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. 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. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. As Interest Rates rise, bond prices fall, reducing the value of the Fund's share price. Other risks of the Fund include but are not limited to: Credit Risks; Credit Default Swaps; Currency; Interest in Loans; Liquidity; Other Investment Companies' Risks; Prepayment and Extension; Price Volatility Risks; U.S. Government Securities and Obligations; Sovereign Debt; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information.