Voya U.S. High Dividend Low Volatility Fund
A fundamentally guided, quantitative-selection driven strategy to providing risk-adjusted yield.
Product Facts
| Ticker Symbol | VHDAX |
| CUSIP | 92913K520 |
| Inception Date | December 6, 2016 |
| Dividends Paid | Quarterly |
| Min. Initial Investment | $1,000.00 |
About this Product
- Actively managed equity strategy designed to deliver excess returns and high-dividend income at lower levels of volatility relative to the overall market.
- Unique approach uses fundamentally driven sector-specific models to identify the most attractive stocks within each sector.
- Stock selection is model-driven.
Investment Objective
The Fund seeks to maximize total return.
Management Team
View Fund Advisor/Sub AdvisorPortfolio Management Team
Voya Investments, LLC
Investment Adviser
Voya Investment Management Co. LLC
Investment Sub-Adviser
Vincent Costa, CFA
Portfolio Manager
Managed Fund since 2016
More Info
Steven Wetter
Porfolio Manager
Managed Fund since 2016
More Info
Kai Yee Wong
Portfolio Manager
Managed Fund since 2016
More InfoPerformance
Average Annual Total Returns %
As of November 30, 2018
As of September 30, 2018
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Inception | Expense Ratios | |
|---|---|---|---|---|---|---|---|---|
| Gross | Net | |||||||
| Net Asset Value | +4.81 | +5.88 | — | — | — | +11.82 | 1.71% | 0.80% |
| With Sales Charge | -1.22 | -0.22 | — | — | — | +8.53 | ||
| Net Asset Value | +8.37 | +15.36 | — | — | — | +15.06 | 1.71% | 0.80% |
| With Sales Charge | +2.14 | +8.74 | — | — | — | +11.38 | ||
| Russell 1000 Index | +4.76 | +5.92 | — | — | — | +13.68 | — | — |
| Russell 1000 Index | +10.49 | +17.76 | — | — | — | +18.44 | — | — |
Inception Date - Class A:December 6, 2016
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 2019-10-01. Expenses are being waived to the contractual cap.
Yields
As of November 30, 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. | 1.65 |
| 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). | 2.11 |
| 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. | 3.25 |
| 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. | 3.06 |
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.
Growth of a $10,000 Investment
For the period 12/06/2016 through 11/30/2018
Ending Value: $12,483.00
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, 2018
| 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. | $144.8 |
| Number of Holdings Number of Holdings: Number of Holdings in the investment. | 150 |
| P/E next 12 months P/E: P/E (next 12 months) calculates the price of a stock divided by its earnings per share. | 16.61 |
| P/B trailing 12 months P/B: Price to book ratio (trailing 12 month) calculates the ratio of a stock’s price to its book value. | 4.93 |
| 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. | $128,993.0 |
| 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. | 10.92 |
| Active Share Active Share: Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differ from the benchmark index. | 66.83 |
| PEG Ratio | 1.71 |
| 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 | 14.24 |
| ROA % ROA: 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. | 7.41 |
| Total |
Top Holdings
% of Total Investments as of November 30, 2018
| Microsoft Corp. | 3.76 |
| Johnson & Johnson | 2.07 |
| JPMorgan Chase & Co. | 1.81 |
| UnitedHealth Group, Inc. | 1.61 |
| Pfizer, Inc. | 1.60 |
| Verizon Communications, Inc. | 1.56 |
| Intel Corp. | 1.44 |
| Procter & Gamble Co. | 1.42 |
| Chevron Corp. | 1.40 |
| Cisco Systems, Inc. | 1.40 |
| Total | #,###.2 |
Portfolio Composition
as of November 30, 2018
| Stocks | 99.37 |
| Other | 0.33 |
| Short Terms | 0.30 |
| Total | #,###.2 |
Top Sectors
% of Total Investments as of November 30, 2018
| Information Technology | 21.38 |
| Health Care | 14.69 |
| Financials | 14.50 |
| Consumer Discretionary | 9.17 |
| Industrials | 8.76 |
| Communication Services | 8.42 |
| Consumer Staples | 7.92 |
| Real Estate | 4.39 |
| Energy | 4.32 |
| Utilities | 4.15 |
| Materials | 1.97 |
| Not Classified - Mutual Fund | 0.33 |
| Total | #,###.2 |
Top Country Weightings
% of Total Investments as of November 30, 2018
| United States | 99.36 |
| Panama | 0.34 |
| Total | #,###.2 |
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Distributions
Payment Frequency: Quarterly
| 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 | |
|---|---|---|---|---|
| Short-Term Capital Gain | 12/14/2018 | 12/17/2018 | 12/13/2018 | $0.185300 |
| Long-Term Capital Gain | 12/14/2018 | 12/17/2018 | 12/13/2018 | $0.226400 |
| Income Dividend | 10/01/2018 | 10/02/2018 | 09/28/2018 | $0.056900 |
| Income Dividend | 07/02/2018 | 07/03/2018 | 06/29/2018 | $0.033600 |
| Income Dividend | 04/02/2018 | 04/03/2018 | 03/29/2018 | $0.066800 |
| Long-Term Capital Gain | 12/15/2017 | 12/18/2017 | 12/14/2017 | $0.001200 |
| Income Dividend | 12/15/2017 | 12/18/2017 | 12/14/2017 | $0.233900 |
| Short-Term Capital Gain | 12/15/2017 | 12/18/2017 | 12/14/2017 | $0.186300 |
| Totals: $0.990400 | ||||
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.
Ratings
Disclosures
Principal Risks
Investment Risks: You could lose money on an investment in the Fund. Any of the following risks, among others, could affect Fund performance or cause the Fund to lose money or to underperform: Company: The price of a company’s stock could decline or underperform. 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. Companies that issue Dividend yielding equity securities are not required to continue to pay dividends on such securities and can reduce or eliminate the payment of dividends in the future. 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. Risks of theREIT'sare similar to those associated with direct ownership ofReal Estate, such as changes in real estate values and property taxes, interest rates, cash flow of underlying real estate assets, supply and demand, and the management skill and credit worthiness of the issuer.Investment Model: Volatility management techniques may not always be successful in reducing volatility, may not protect against market declines, and may limit the Fund’s participation in market gains. Mistakes in the construction and implementation of the investment models may create errors or limitations that might go undetected. There is no guarantee that the use of these investment models will result in effective investment decisions. Other risks of the Fund include but are not limited to: Liquidity, Market, Market Capitalization, and Securities Lending. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.