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Voya Global Income & Growth Fund
mutual fund
VYGPX
Payout Change
Pending
Price as of:
$11.79
+0.04
+0.34%
primary theme
N/A
share class
VYGPX (Mutual Fund)
Voya Global Income & Growth Fund
Payout Change
Pending
Price as of:
$11.79
+0.04
+0.34%
primary theme
N/A
share class
VYGPX (Mutual Fund)
Voya Global Income & Growth Fund
Payout Change
Pending
Price as of:
$11.79
+0.04
+0.34%
primary theme
N/A
share class
Name
As of 10/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.1%
1 yr return
20.7%
3 Yr Avg Return
1.3%
5 Yr Avg Return
5.7%
Net Assets
$124 M
Holdings in Top 10
15.5%
52 WEEK LOW AND HIGH
$11.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VYGPX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.72%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVoya Global Income & Growth Fund
-
Fund Family NameVoya mutual funds
-
Inception DateAug 05, 2011
-
Shares OutstandingN/A
-
Share ClassW
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Zemsky
Fund Description
Under normal circumstances, the Fund invests directly or indirectly (including through derivatives) at least 80% of its net assets (plus borrowings for investment purposes) in investments that the sub-adviser (the “Sub-Adviser”) believes have potential for income, growth, or both. For purposes of this 80% policy, income-producing investments include any investments or instruments that pay dividends and/or interest, whether in cash or in kind; that generate premiums; that are issued at a discount; or that otherwise generate or result in income for the Fund. Growth means investments that are expected to generate capital appreciation in excess of the initial investment.The Fund invests its assets (expressed as a percentage of its net assets) across asset classes approximately as follows (the “Target Allocation”): 33% in high-yield securities (excluding convertible securities), 33% in convertible securities (regardless of any credit rating assigned to the security), and 33% in equity securities and/or written covered call options on equity securities. This allocation is a target, and the Fund's allocation could change substantially due to portfolio manager decisions or as the investments’ asset values change due to market movements. On an ongoing basis, the actual mix of the Fund’s assets may deviate from the Target Allocation. The Fund's Target Allocation may be changed, at any time, by the Sub-Adviser.The Fund invests in securities of issuers in a number of different countries, including the U.S. The Fund may invest in the securities of issuers located in developing and emerging market countries, including securities of such issuers that are traded on a U.S. stock exchange, and in American Depositary Receipts, when consistent with the Fund’s investment objective. Countries with developing and emerging markets include most countries in the world except Australia, Canada, Hong Kong, Israel, Japan, New Zealand, the United Kingdom, the United States, and most of the countries of western Europe. Securities may be denominated in foreign (non-U.S.) currencies or in U.S. dollars. The Fund may hedge its exposure to securities denominated in foreign (non-U.S.) currencies.The Sub-Adviser identifies companies by utilizing a fundamental, bottom-up research process that seeks to facilitate early identification of issuers that the Sub-Adviser believes demonstrate the ability to improve their fundamental characteristics. The Sub-Adviser then determines which asset class it believes has the potential to provide the optimal total return opportunity, subject to market conditions. For purposes of the Fund’s investments in high-yield securities, “high-yield securities” are securities rated Ba or below by Moody’s Investors Service, Inc. or BB or below by S&P Global Ratings or Fitch Ratings (sometimes referred to as “junk bonds”).The Fund may invest in issuers of any market capitalization. In addition to publicly-traded equity securities, the Fund may invest a significant portion of its assets in private placement securities (including Rule 144A and Regulation S securities). The Fund may also employ a strategy of writing call options on common stocks to seek to enhance the Fund’s distributions and reduce overall portfolio risk.The Fund may invest in synthetic convertible instruments by combining debt instruments with a basket of warrants, or options or other derivatives that together produce the economic characteristics similar to a conventional convertible security. Additionally, the Fund may invest in structured notes or equity-linked securities that provide economic exposure similar to a convertible security. Convertible preferred securities, including mandatory and perpetual preferred securities, may also be used to gain convertible exposure.From time to time, the Fund may also acquire warrants, options, or equity securities as a result of company restructurings. The Fund may also invest in other derivative instruments, including, but not limited to, foreign currency exchange contracts, options, and stock index futures contracts.The Fund may invest in other investment companies, including exchange-traded funds (“ETFs”), to the extent permitted under the Investment Company Act of 1940, as amended, and the rules and regulations thereunder, and under the terms of applicable no-action relief or exemptive orders granted thereunder.In evaluating investments for the Fund, the Sub-Adviser takes into account a wide variety of factors and considerations to determine whether any or all of those factors or considerations might have a material effect on the value, risks, or prospects of an investment. Among the factors considered, the Sub-Adviser expects typically to take into account environmental, social, and governance (“ESG”) factors in considering potential investments where the Sub-Adviser believes one or more of those factors might have such an effect. In considering ESG factors, the Sub-Adviser intends to rely primarily on factors identified through its proprietary empirical research and on third-party evaluations of an issuer’s ESG standing. ESG factors will be only one of many considerations in the Sub-Adviser’s evaluation of any potential investment; the extent to which ESG factors will affect the Sub-Adviser’s decision to invest in a company, if at all, will depend on the analysis and judgment of the Sub-Adviser.The Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising.The Fund may lend portfolio securities on a short-term or long-term basis, up to 33 1∕3% of its total assets.
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VYGPX - Performance
Return Ranking - Trailing
| Period | VYGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -23.7% | 16.4% | 90.34% |
| 1 Yr | 20.7% | -8.9% | 48.3% | 64.81% |
| 3 Yr | 1.3%* | -2.2% | 16.4% | 31.18% |
| 5 Yr | 5.7%* | -0.7% | 13.4% | 23.13% |
| 10 Yr | 5.6%* | 0.9% | 11.8% | 27.58% |
* Annualized
Return Ranking - Calendar
| Period | VYGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.2% | -40.8% | 20.6% | 61.20% |
| 2022 | -24.1% | -21.0% | 24.5% | 12.53% |
| 2021 | 1.5% | -24.2% | 27.8% | 69.86% |
| 2020 | 10.6% | -23.1% | 11.7% | 67.91% |
| 2019 | 11.0% | -100.0% | 20.6% | 15.80% |
Total Return Ranking - Trailing
| Period | VYGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -23.7% | 16.4% | 89.91% |
| 1 Yr | 20.7% | -12.8% | 48.3% | 58.47% |
| 3 Yr | 1.3%* | -3.4% | 16.4% | 27.29% |
| 5 Yr | 5.7%* | -1.1% | 13.4% | 21.74% |
| 10 Yr | 5.6%* | 0.9% | 11.8% | 25.41% |
* Annualized
Total Return Ranking - Calendar
| Period | VYGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.3% | -40.8% | 20.6% | 61.20% |
| 2022 | -12.1% | -21.0% | 24.5% | 12.53% |
| 2021 | 15.6% | -24.2% | 27.8% | 72.66% |
| 2020 | 18.3% | -23.1% | 11.7% | 77.92% |
| 2019 | 21.4% | -2.9% | 23.1% | 11.72% |
NAV & Total Return History
VYGPX - Holdings
Concentration Analysis
| VYGPX | Category Low | Category High | VYGPX % Rank | |
|---|---|---|---|---|
| Net Assets | 124 M | 1.12 M | 110 B | 74.51% |
| Number of Holdings | 185 | 2 | 10961 | 81.21% |
| Net Assets in Top 10 | 19.3 M | -31.7 M | 22 B | 58.66% |
| Weighting of Top 10 | 15.53% | 10.8% | 100.0% | 7.76% |
Top 10 Holdings
- BlackRock Liquidity FedFund 4.00%
- Microsoft Corp 2.02%
- Amazon.com Inc 1.40%
- Barclays Bank PLC 1.32%
- Alphabet Inc 1.19%
- Shift4 Payments Inc 1.17%
- NVIDIA Corp 1.15%
- Sea Ltd 1.11%
- NextEra Energy Capital Holdings Inc 1.09%
- SPIE SA 1.08%
Asset Allocation
| Weighting | Return Low | Return High | VYGPX % Rank | |
|---|---|---|---|---|
| Bonds | 61.37% | -39.76% | 93.84% | 50.52% |
| Stocks | 32.52% | -45.72% | 98.42% | 18.79% |
| Cash | 5.45% | -97.12% | 185.58% | 84.34% |
| Preferred Stocks | 0.65% | -0.03% | 14.00% | 60.13% |
| Convertible Bonds | 0.59% | 0.00% | 25.49% | 30.90% |
| Other | 0.00% | -1.25% | 197.12% | 58.87% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VYGPX % Rank | |
|---|---|---|---|---|
| Technology | 19.34% | 0.00% | 39.48% | 31.00% |
| Financial Services | 13.63% | 0.00% | 30.34% | 55.20% |
| Healthcare | 11.44% | 0.00% | 30.30% | 56.69% |
| Consumer Cyclical | 11.17% | 0.00% | 20.84% | 30.57% |
| Industrials | 10.20% | 0.09% | 32.39% | 66.03% |
| Real Estate | 8.91% | 0.00% | 90.14% | 28.45% |
| Communication Services | 7.48% | 0.00% | 28.59% | 39.49% |
| Consumer Defense | 6.57% | 0.00% | 31.85% | 48.41% |
| Basic Materials | 4.73% | 0.00% | 60.23% | 61.57% |
| Energy | 3.96% | 0.00% | 38.61% | 78.13% |
| Utilities | 2.55% | 0.00% | 40.29% | 63.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VYGPX % Rank | |
|---|---|---|---|---|
| US | 23.24% | -4.82% | 95.75% | 12.73% |
| Non US | 9.28% | -46.69% | 57.06% | 60.13% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | VYGPX % Rank | |
|---|---|---|---|---|
| Securitized | 32.81% | 0.00% | 83.28% | 4.18% |
| Government | 27.20% | 0.00% | 98.64% | 53.03% |
| Corporate | 26.31% | 0.00% | 99.90% | 38.20% |
| Cash & Equivalents | 4.00% | 0.10% | 100.00% | 75.57% |
| Municipal | 0.05% | 0.00% | 31.28% | 31.52% |
| Derivative | 0.00% | 0.00% | 41.88% | 92.28% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | VYGPX % Rank | |
|---|---|---|---|---|
| US | 55.45% | -177.12% | 87.76% | 30.48% |
| Non US | 5.93% | -39.00% | 137.36% | 58.04% |
VYGPX - Expenses
Operational Fees
| VYGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.94% | 0.16% | 2.71% | 67.64% |
| Management Fee | 0.75% | 0.00% | 1.70% | 24.20% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
| VYGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| VYGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| VYGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 0.00% | 441.00% | 23.68% |
VYGPX - Distributions
Dividend Yield Analysis
| VYGPX | Category Low | Category High | VYGPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.67% | 0.00% | 10.92% | 89.19% |
Dividend Distribution Analysis
| VYGPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| VYGPX | Category Low | Category High | VYGPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.72% | -5.20% | 6.33% | 41.39% |
Capital Gain Distribution Analysis
| VYGPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 28, 2024 | $0.550 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.314 | OrdinaryDividend |
| Dec 30, 2022 | $0.432 | OrdinaryDividend |
| Dec 31, 2021 | $1.463 | OrdinaryDividend |
| Dec 31, 2020 | $0.332 | OrdinaryDividend |
| Dec 31, 2019 | $0.000 | CapitalGainShortTerm |
| Dec 31, 2019 | $0.501 | CapitalGainLongTerm |
| Dec 31, 2018 | $0.095 | CapitalGainShortTerm |
| Dec 31, 2018 | $0.159 | CapitalGainLongTerm |
| Dec 31, 2018 | $0.270 | OrdinaryDividend |
| Dec 29, 2017 | $0.349 | OrdinaryDividend |
| Dec 30, 2016 | $0.231 | OrdinaryDividend |
| Dec 31, 2015 | $0.191 | OrdinaryDividend |
| Dec 31, 2014 | $0.322 | OrdinaryDividend |
| Dec 31, 2013 | $0.258 | OrdinaryDividend |
| Dec 31, 2012 | $0.301 | OrdinaryDividend |
| Dec 30, 2011 | $0.295 | OrdinaryDividend |
VYGPX - Fund Manager Analysis
Managers
Paul Zemsky
Start Date
Tenure
Tenure Rank
Apr 27, 2007
15.1
15.1%
Paul Zemsky is the chief investment officer and founder of the Multi-Asset Strategies and Solutions Team (MASS) at Voya Investment Management. He is responsible for the firm’s suite of value-added, customized and off-the-shelf products and solutions that are supported by the team’s asset allocation, manager research, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining the firm, he co-founded CaliberOne Private Funds Management, a macro hedge fund. Paul began his career at JPMorgan Investment Management, where he held a number of key positions, including head of investments for over $300 Billion of Fixed Income assets. Paul is a member of the firm’s Management Committee and a board member of Pomona Capital. He holds a dual degree in finance and electrical engineering from the Management and Technology Program at the University of Pennsylvania and holds the Chartered Financial Analyst® designation.
Barbara Reinhard
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Barbara Reinhard CFA, Portfolio Manager, joined Voya in 2016. Ms. Reinhard is the head of asset allocation for Multi-Asset Strategies and Solutions (“MASS”) at Voya Investment Management. In this role, she is responsible for strategic and tactical asset allocation decisions for the MASS team’s multi-asset strategies. Prior to joining Voya, Ms. Reinhard was the chief investment officer for Credit Suisse Private Bank in the Americas from 2011 to 2016. In that role, she managed discretionary multi-asset portfolios, was a member of the global asset allocation committee, and the pension investment committee. Prior to that, Ms. Reinhard spent 20 years of her career at Morgan Stanley.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 30.27 | 6.52 | 9.25 |
