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Trending ETFs

Name

As of 03/25/2024

Price

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

$9.54

$332 M

3.82%

$0.36

0.79%

Vitals

YTD Return

4.8%

1 yr return

17.7%

3 Yr Avg Return

4.0%

5 Yr Avg Return

6.4%

Net Assets

$332 M

Holdings in Top 10

11.6%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 106.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250,000

IRA

$250,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/25/2024

Price

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

$9.54

$332 M

3.82%

$0.36

0.79%

IICFX - Profile

Distributions

  • YTD Total Return 4.8%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.98%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Voya Multi-Manager International Factors Fund
  • Fund Family Name
    Voya mutual funds
  • Inception Date
    Feb 08, 2011
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jaime Lee

Fund Description

Under normal market conditions, the Fund invests at least 65% of its total assets in equity securities of companies located in a number of different countries other than the U.S. The Fund may invest in securities of companies from emerging market countries. The Fund may also invest in depositary receipts, warrants, and rights of foreign issuers. The Fund may invest in real estate-related securities, including real estate investment trusts (“REITs”).The Fund may use derivatives, including futures, options, swaps, and forward foreign currency exchange contracts, typically for hedging purposes to reduce risk (such as interest rate risk, currency risk, and price risk), as a substitute for the sale or purchase of the underlying securities, and for the purpose of maintaining equity market exposure on its cash balance.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.The Investment Adviser allocates the Fund’s assets to different sub-advisers. When selecting sub-advisers, the Investment Adviser takes into account a wide variety of factors and considerations, including among other things the investment strategy of a potential sub-adviser, its personnel, and its fit with other sub-advisers to the Fund. Among those, the Investment Adviser will typically consider the extent to which a potential sub-adviser takes into account environmental, social, and governance (“ESG”) factors as part of its investment process. ESG factors will be only one of many considerations in the Investment Adviser’s evaluation of any potential sub-adviser; the extent to which ESG factors will affect the Investment Adviser’s decision to retain a sub-adviser, if at all, will depend on the analysis and judgment of the Investment Adviser.PanAgora Asset Management, Inc. (“PanAgora”) and Voya Investment Management Co. LLC (“Voya IM”) (each, a “Sub-Adviser”and together, the “Sub-Advisers”) provide the day-to-day management of the Fund. The Sub-Advisers act independently of each other and use their own methodology for selecting investments. The Investment Adviser will determine the amount of Fund assets allocated to each Sub-Adviser.Each 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. In addition, Voya IM may sell securities to rebalance and reconstitute its investments in connection with such changes in the Index (as defined below).The Fund may lend portfolio securities on a short-term or long-term basis, up to 33 13% of its total assets.PanAgoraTo manage its portion of the Fund’s assets, PanAgora employs a strategy which seeks to achieve the Fund’s investment objective by using a proprietary Dynamic Equity alpha model that integrates a variety of measures, including issuer-specific, sector-specific, and region-specific factors. The strategy seeks to identify and exploit investment opportunities resulting from investors’ under/over reactions to market information and market inefficiencies.PanAgora, using its proprietary Dynamic Equity investment process, constructs a forecasting model for every security in PanAgora’s defined investment universe, contingent on each security’s distinct characteristics. The model uses a broad array of factors that PanAgora believes are predictive of security returns including, but not limited to, value, momentum, and quality factors. The Dynamic Equity model then combines the return forecasts with information from a proprietary risk model to seek to derive PanAgora’s optimal constrained portfolio. PanAgora seeks to buy securities for the Fund with high forecasted returns, based on PanAgora’s proprietary forecasting model. Size limitations are placed on portfolio positions by PanAgora for risk management purposes.Voya IMTo manage its portion of the Fund’s assets, Voya IM employs a “passive management” approach designed to track the performance of a custom index created by FTSE Russell for Voya IM, the FTSE Developed ex US Select Factor Index (the “Index”). The Index is designed to capture exposure to a broad set of five factors that contribute to developed equity market performance outside of the United States. These five factors are Low Volatility Momentum, Quality, Size, and Value. As a result of the five factor selection process, the Index may be focused in one or more sectors, which may change from time to time. As of December31, 2023, a portion of the Index was focused in the consumer discretionary, industrials, and materials sector.Voya IM seeks to replicate the performance of the Index, meaning it generally will invest in all of the securities in the Index in weightings, consistent with that of the Index. The Fund’s portfolio may not always hold all of the same securities as the Index. Voya IM may also invest in ETFs, stock index futures, and other derivatives as a substitute for the sale or purchase of securities in the Index and to provide equity exposure to the Fund’s cash position. Although Voya IM attempts to track, as closely as possible, the performance of the Index, the Fund’s portfolio does not always perform exactly like the Index. Unlike the Index, the Fund has operating expenses and transaction costs and therefore has a performance disadvantage versus the Index.
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IICFX - Performance

Return Ranking - Trailing

Period IICFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -1.4% 32.0% 56.89%
1 Yr 17.7% 0.7% 28.0% 39.03%
3 Yr 4.0%* -13.5% 48.7% 23.82%
5 Yr 6.4%* -33.8% 76.8% 59.05%
10 Yr N/A* -0.1% 16.8% 58.51%

* Annualized

Return Ranking - Calendar

Period IICFX Return Category Return Low Category Return High Rank in Category (%)
2023 12.9% -7.3% 22.0% 53.54%
2022 -18.0% -43.6% 71.3% 46.93%
2021 -4.0% -28.5% 18.9% 84.23%
2020 5.5% -90.1% 992.1% 77.52%
2019 13.8% -2.2% 38.8% 91.35%

Total Return Ranking - Trailing

Period IICFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% -1.4% 32.0% 56.89%
1 Yr 17.7% 0.7% 28.0% 39.03%
3 Yr 4.0%* -13.5% 48.7% 23.82%
5 Yr 6.4%* -33.8% 76.8% 59.05%
10 Yr N/A* -0.1% 16.8% 54.55%

* Annualized

Total Return Ranking - Calendar

Period IICFX Return Category Return Low Category Return High Rank in Category (%)
2023 17.6% 3.2% 41.4% 32.30%
2022 -15.1% -43.6% 144.8% 39.73%
2021 11.5% -22.6% 56.0% 29.71%
2020 8.5% -89.7% 1010.8% 61.01%
2019 18.0% 4.3% 38.8% 92.85%

NAV & Total Return History


IICFX - Holdings

Concentration Analysis

IICFX Category Low Category High IICFX % Rank
Net Assets 332 M 1.97 M 366 B 63.43%
Number of Holdings 444 1 10801 25.66%
Net Assets in Top 10 40.2 M 0 36.8 B 78.86%
Weighting of Top 10 11.63% 2.5% 111.6% 93.68%

Top 10 Holdings

  1. 3i Group PLC 2.24%
  2. Novo Nordisk A/S 1.41%
  3. E.ON SE 1.34%
  4. TotalEnergies SE 1.04%
  5. Novartis AG 1.03%
  6. Tesco PLC 1.01%
  7. Holcim AG 1.01%
  8. Hitachi Ltd 0.87%
  9. Enel SpA 0.87%
  10. Mitsubishi Corp 0.83%

Asset Allocation

Weighting Return Low Return High IICFX % Rank
Stocks
98.84% 0.00% 122.60% 22.01%
Cash
0.69% -22.43% 100.00% 77.41%
Other
0.29% -2.97% 43.01% 20.85%
Preferred Stocks
0.17% -0.01% 7.60% 44.46%
Convertible Bonds
0.00% 0.00% 4.18% 82.31%
Bonds
0.00% -0.68% 71.30% 83.53%

Stock Sector Breakdown

Weighting Return Low Return High IICFX % Rank
Financial Services
15.58% 0.00% 47.75% 75.22%
Industrials
14.26% 5.17% 99.49% 57.01%
Consumer Defense
12.21% 0.00% 32.29% 17.16%
Basic Materials
10.28% 0.00% 23.86% 12.54%
Healthcare
8.88% 0.00% 21.01% 85.07%
Consumer Cyclical
8.07% 0.00% 36.36% 79.40%
Communication Services
7.78% 0.00% 21.69% 23.28%
Technology
6.88% 0.00% 36.32% 90.15%
Energy
5.61% 0.00% 16.89% 35.22%
Real Estate
5.25% 0.00% 14.59% 5.82%
Utilities
5.19% 0.00% 13.68% 9.25%

Stock Geographic Breakdown

Weighting Return Low Return High IICFX % Rank
Non US
97.84% 0.00% 121.07% 9.91%
US
1.00% 0.00% 103.55% 81.34%

IICFX - Expenses

Operational Fees

IICFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.01% 18.22% 70.22%
Management Fee 0.65% 0.00% 1.65% 53.14%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% 32.29%

Sales Fees

IICFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IICFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

IICFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 106.00% 2.00% 247.00% 90.49%

IICFX - Distributions

Dividend Yield Analysis

IICFX Category Low Category High IICFX % Rank
Dividend Yield 3.82% 0.00% 24.61% 8.85%

Dividend Distribution Analysis

IICFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

IICFX Category Low Category High IICFX % Rank
Net Income Ratio 1.98% -0.93% 6.38% 36.42%

Capital Gain Distribution Analysis

IICFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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IICFX - Fund Manager Analysis

Managers

Jaime Lee


Start Date

Tenure

Tenure Rank

Jan 20, 2017

5.36

5.4%

Jaime Lee, Ph.D., Director -- Dynamic Equity Team and Portfolio Manager, has managed the portion of the Fund's assets allocated to PanAgora since 2015. Dr. Lee has 12 years of investment industry experience Jaime Lee, PhD, Portfolio Manager, and Director of PanAgora, leads PanAgora’s Dynamic Equity Management Team. Dr. Lee joined PanAgora in November of 2015. Prior to joining PanAgora, Dr. Lee was with BlackRock, Inc. since 2007 where she was a Portfolio Manager and Managing Director of the Scientific Active Equity team at BlackRock, Inc.

Steven Wetter


Start Date

Tenure

Tenure Rank

Jan 20, 2017

5.36

5.4%

Steven Wetter is a portfolio manager for the portfolio engineering group at Voya Investment Management responsible for the index, research enhanced index and rules-based strategies. Prior to joining Voya IM, he served as Co-Head of International Indexing responsible for managing ETFs, index funds and quantitative portfolios at BNY Mellon, and formerly held similar positions at Northern Trust and Bankers Trust. Steve earned a BA from the University of California at Berkeley, and an MBA in finance (with distinction) from New York University Stern School of Business.

Kai Wong


Start Date

Tenure

Tenure Rank

Jan 20, 2017

5.36

5.4%

Kai Yee Wong is a portfolio manager for the portfolio engineering group at Voya Investment Management responsible for the index, research enhanced index and rules-based strategies. Prior to joining the firm in 2012, she worked as a senior equity portfolio manager at Northern Trust responsible for managing various global indices including developed, emerging, real estate, Topix and socially responsible benchmarks. Previously Kai Yee served as a portfolio manager with Deutsche Bank, an assistant treasurer at Bankers Trust and a trust officer at the Bank of Tokyo. She earned a BS from New York University Stern School of Business.

George Mussalli


Start Date

Tenure

Tenure Rank

Jan 31, 2017

5.33

5.3%

Mr. Mussalli is the Chief Investment Officer and Head of Research, Equity at PanAgora. He is responsible for the oversight of the firm’s Dynamic and Stock Selector Equity strategies, as well as the Equity Trading & Implementation, Data Science, and Portfolio Strategy teams. He is also a member of the firm’s Investment, Operating, Risk, and Directors Committees. As the Chief Investment Officer of Equity Investments, Mr. Mussalli directs innovative equity research used in the development of models implemented in PanAgora’s equity strategies. Mr. Mussalli’s current focus is centered on combining

Paul Zemsky


Start Date

Tenure

Tenure Rank

May 11, 2018

4.06

4.1%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.22 3.25