Voya Global Bond Portfolio - Class I

Class I: IOSIX
Class S: IOSSX
For more information call 1 (800) 334-3444
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Voya Global Bond Portfolio

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

Daily Prices

as of June 14, 2021

Net Asset Value (NAV)$11.15
% Change-0.09
$ Change-0.01
YTD Return-1.67%

Product Facts

Ticker SymbolIOSIX
Inception DateNovember 8, 2004
Dividends PaidMonthly

About this Product

  • Diversified investment process derives alpha from three distinct sources — sector allocation, currencies and curve positioning — opportunistically adjusting exposures as market conditions change
  • Comprehensive risk management is an integral part of portfolio construction, ensuring that currency exposure, duration, credit quality and security selection are appropriate for each client’s goals
  • Covers the full range of underlying asset classes: U.S. and foreign investment-grade bonds, emerging markets bonds, and foreign currencies
  • May invest in bonds and currencies of more than 20 different countries in seeking to exploit inefficiencies in bond markets around the world

Investment Objective

The Portfolio 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 May 31, 2021

As of March 31, 2021

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
Net Asset Value-2.04+8.49+4.47+4.20+2.620.81%0.70%
With Sales Charge-2.04+8.49+4.47+4.20+2.62
Net Asset Value-4.53+10.86+2.69+3.85+2.620.81%0.70%
With Sales Charge-4.53+10.86+2.69+3.85+2.62
Bloomberg Barclays Global Aggregate Index-2.35+4.47+4.38+3.11+2.15
Bloomberg Barclays Global Aggregate Index-4.46+4.67+2.80+2.66+2.23

Inception Date - Class I:November 8, 2004

Current Maximum Sales Charge: 0.00%

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 May 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 May 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.


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 06/30/2011 through 05/31/2021

Ending Value: $12,950.00

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 May 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 years6.79
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 Holdings

% of Total Investments as of May 31, 2021

UMBS 30YR TBA(REG A) 2.5 07/20212.26
UMBS 30YR TBA(REG A) 2 07/20211.87
FNMA_19-15 5.9083 04/20491.68
FNMA_21-4 2.5 02/20511.44
UK CONV GILT 4 03/20221.30
UMBS 30YR TBA(REG A) 3.5 06/20211.18
MALAYSIA (GOVERNMENT) 3.828 07/20341.14

Portfolio Composition

as of May 31, 2021

Mutual Fund21.99
Collateralized Mortgage Obligation16.77
Corporate Bond16.41
Foreign Bond15.42
Commercial Mortgage Backed Security9.39
Mortgage Backed Related Security8.98
Asset Backed Security8.70
Government Security1.94
Cash Equivalent0.34
Common Stock0.05

Top Issuers

as of May 31, 2021


Credit Quality

% of Total Investments as of May 31, 2021

Not Rated2.24

Top Country Weightings

% of Total Investments as of May 31, 2021

United States84.24
United Kingdom1.85

Maturity Details

% of Total Investments as of May 31, 2021

<1 Year3.91
1-3 Years11.53
3-5 Years25.67
5-7 Years23.02
7-10 Years21.32
10-20 Years8.50
>20 Years10.62

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


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 Dividend05/31/2021$0.027100
Income Dividend04/30/2021$0.025900
Income Dividend03/31/2021$0.027400
Income Dividend02/28/2021$0.025200
Income Dividend01/31/2021$0.028300
Income Dividend12/31/2020$0.027800
Income Dividend11/30/2020$0.026200
Income Dividend10/31/2020$0.027000
Income Dividend09/30/2020$0.026400
Income Dividend08/31/2020$0.027200
Income Dividend07/31/2020$0.026300
Income Dividend06/30/2020$0.025100
Income Dividend05/31/2020$0.025500
Totals: $0.345400

Investment Team

View Portfolio Adviser/Sub Adviser

Portfolio Management Team

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.

Directed Services LLC

Directed Services LLC, Asset Management Arm is a privately owned investment manager. The firm primarily provides its services to investment companies.
Sean Banai

Sean Banai, CFA

Head of Portfolio Management

Years of Experience: 22

Years with Voya: 22

Sean Banai is head of portfolio management for the fixed income platform at Voya Investment Management. Previously, Sean was a senior portfolio manager and before that head of quantitative research for proprietary fixed income. Prior to joining the firm in 1999, he was a partner in a private sector company. Sean received a BA and an MS in actuarial science from Georgia State University. He holds the Chartered Financial Analyst® designation.
Brian Timberlake

Brian Timberlake, PhD, CFA

Head of Fixed Income Research

Years of Experience: 18

Years with Voya: 18

Brian Timberlake is the head of fixed income research at Voya Investment Management and is responsible for managing the organization’s global fixed income research analysts as well as the coordination of macroeconomic data across the fixed income platform. His team is responsible for macro and quantitative fixed income research and provides additional assistance to individual sector groups and the risk management team. In addition, Brian is a named portfolio manager on several global and opportunistic fixed income products. Previously, he was the head of quantitative research where he helped develop an integrated, automated tool for interest rate hedging, created multifactor risk models, and was integral to the design and monitoring of customized client portfolios. Prior to that he was a senior quantitative analyst at Voya. Brian received a BS in chemical engineering from the University of Maryland, an MS in quantitative and computational finance from the Georgia Institute of Technology and a PhD in chemical engineering from the Georgia Institute of Technology. He holds the Chartered Financial Analyst® designation.


Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Emerging Market securities may be especially volatile. The Portfolio may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Portfolio performance. The Portfolio is subject to both Credit and Interest Rate Risk. The Portfolio's share price and yield will be affected by interest rate movements, with bond prices generally moving in the opposite direction from interest rates. Credit Risk refers to the bond issuers and senior loan issuers ability to make timely payments of principal and interest. 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 Portfolio invests in Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. Other risks of the Portfolio include but are not limited to: Borrowing/Leverage Risks; Debt Securities Risk; Non-Diversification Risks; Other Investment Companies Risks; Price Volatility Risks; Inability to Sell Securities Risks; Securities Lending Risks; and Portfolio Turnover Risks. Investors should consult the Portfolio's Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Portfolio's risks.

An investment in the Portfolio is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.