VY® CBRE Real Estate Portfolio | Voya Investment Management

VY® CBRE Real Estate Portfolio - Class I

Morningstar Medalist Rating

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VY® CBRE Real Estate Portfolio

The Portfolio seeks total return consisting of long-term capital appreciation and current income.

Daily Prices

as of June 24, 2024

Net Asset Value (NAV)$27.43
% Change+0.85
$ Change+0.23
YTD Return-2.21%

Product Facts

Ticker SymbolIVRIX
CUSIP92914G569
Inception DateMay 19, 2003
Dividends PaidAnnually

About this Product

  • Invests primarily in U.S. REITs, companies that own and manage commercial real estate
  • Real estate investing has an historically compelling dividend yield, growth potential and low correlations with other asset classes
  • Sub-Advised by CBRE Investment Management Listed Real Assets (CBRE), one of the world’s largest real estate companies, with a presence around the globe

Investment Objective

The Portfolio seeks total return consisting of long-term capital appreciation and current income.

Performance

Average Annual Total Returns %

As of May 31, 2024

As of March 31, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value-3.81+8.46+0.21+4.61+5.641.03%0.75%
With Sales Charge-3.81+8.46+0.21+4.61+5.64
Net Asset Value-0.57+9.55+4.66+5.40+6.601.01%0.68%
With Sales Charge-0.57+9.55+4.66+5.40+6.60
MSCI U.S. REIT Index GR USD-3.03+9.86+0.14+3.56+5.66
MSCI U.S. REIT Index GR USD-0.32+10.37+4.03+4.14+6.54

Inception Date - Class I:May 19, 2003

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.

Yields

As of May 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.

2.86
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).

3.14
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.

2.91
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.

2.91

Returns-Based Characteristics

As of May 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.

1.472.231.21
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.

1.041.031.01
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.

0.561.130.72
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.

0.990.990.99
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.

-0.140.110.22
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.

22.1421.8518.39

Growth of a $10,000 Investment

For the period 06/30/2014 through 05/31/2024

Ending Value: $17,317.00

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 May 31, 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.

$169.5
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

42
Price/FFO
Price/FFO:

Price to Funds From Operations (P/FFO), the REIT equivalent of a security’s Price to Earnings ratio (P/E), is used to measure operating performance which encompasses a REIT’s net income, excluding gains or losses from sales of property, and adding back real estate depreciation.

Source: provided by Sub-Adviser

15.80
Weighted Average Market Cap millions
Weighted Average Market Cap:

Source: provided by Sub-Adviser

$34,106.0
Total

Top Holdings

% of Total Investments as of May 31, 2024

Equinix, Inc. - 29444U7009.32
Realty Income Corp. - 7561091048.26
ProLogis, Inc. - 74340W1035.90
Welltower, Inc. - 95040Q1044.91
Public Storage, Inc. - 74460D1094.82
Simon Property Group, Inc. - 8288061094.80
VICI Properties, Inc. - 9256521094.28
Rexford Industrial Realty, Inc. - 76169C1004.23
Invitation Homes, Inc. - 46187W1074.06
AvalonBay Communities, Inc. - 0534841014.03
Total#,###.2

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

Distributions

Payment Frequency: Annually

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 Dividend07/13/202307/14/202307/12/2023$0.835100
Long-Term Capital Gain07/13/202307/14/202307/12/2023$1.765700
Totals: $2.600800

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: Company; Concentration; Convertible Securities; Credit; Environmental, Social, and Governance (Equity); Initial Public Offerings; Interest Rate; Investment Model; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Other Investment Companies; Real Estate Companies and Real Estate Investment Trusts; Restricted Securities; Securities Lending. Investors should consult the Portfolio’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.

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